CBJ News

U.S. Supreme Court Rejects GM Lawsuit Appeal

CBJ — The United States Supreme Court has turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that could expose the company to [...]

Ontario Unveils Measures to Curb Runaway Housing Prices

CBJ — Ontario plans to help cool a hot housing market by bringing in a 15% foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and using surplus [...]

Transcontinental Selling 93 Newspapers

Another bleak sign of the times for print media CBJ — Montreal-based Transcontinental is putting its 93 local and regional newspapers in Quebec and Ontario up for sale. Among those [...]

$1.5 Billion: Parkland Fuel Buying Chevron Canada Fuel

CBJ — Parkland Fuel will pay nearly $1.5 billion to acquire Chevron Canada’s fuel business, including 129 gas stations in the Vancouver area and a refinery in Burnaby, B.C. The Red [...]

Emirates Cutting U.S. Flights Due to Electronics Ban

CBJ — Emirates Airlines, the largest passenger aircraft company in the Middle East, will immediately start offering fewer flights to the U.S. The move is a direct response to dwindling [...]

IMF Maintains Outlook on Canada

CBJ — The International Monetary Fund expects Canada’s economy will improve compared with last year, but not as much as the Bank of Canada predicted last week following unexpectedly [...]

China’s Economy Grows 6.9%

CBJ — China’s economic data is usually very predictable. But occasionally there are surprises, though so small that by other countries’ standards they would barely be noticed. The country’s [...]

Toshiba in Trouble

CBJ — Toshiba, whose U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, has reported un-audited earnings and a projected $12 billion loss for the fiscal year [...]

Pembina Pipeline Development in Prince Rupert

Pembina Pipeline has signed a non-binding letter of intent to develop a liquefied petroleum gas export terminal on Watson Island, south of Prince Rupert, B.C. The Calgary-based pipeline operator [...]

Siemens and Bombardier May Combine Train Units

CBJ — Siemens and Bombardier are in discussions to possibly combine their train operations, which combined has a value of more than $12 billion. The proposed joint venture would merge the [...]

page  1  of  96