CBJ News

Home Capital Names New CEO

CBJ — Yousry Bissada (pictured) has been tagged as the new CEO of Home Capital Group, taking over from interim chief executive Bonita Then who had taken the temporary role after the firing [...]

Bank of Canada Raises Interest By .25%

CBJ — The Bank of Canada has raised its key interest rate as expected by 25 basis points to 0.75%. It’s the first increase in the rates in seven years. The Bank’s decision means [...]

PepsiCo Tops Profit Expectations

CBJ — PepsiCo’s quarterly profit beat estimates of most analysts primarily due to higher pricing of its sodas and snack foods in North America and also because the company sold its [...]

B.C. Wildfires Taking An Economic Toll

CBJ — The wildfires ripping through British Columbia’s Interior are beginning to exact an economic toll, forcing companies in the forestry and mining sectors to scale back or suspend [...]

Want A Summer Job? Head to Jasper

CBJ -- One of Canada’s most picturesque destinations is struggling with a flood of tourists and an unprecedented lack of staff to serve them. Jasper, Alberta, desperately needs more than [...]

Cogeco Expands U.S. Operations

CBJ — Cogeco Communications Inc. is preparing to expand in the eastern United States by purchasing the MetroCast cable systems business in a deal valued at $1.4 billion US The [...]

Efforts Are On to Save Sears Canada

CBJ — Efforts are on in a bid to save struggling retailer Sears Canada. The billionaire U.S. hedge fund manager who controls a large stake in the Canadian operations is looking to join [...]

Energy Company News

CBJ — Canadian oil producer Paramount Resources plans to acquire the Canadian subsidiary of U.S. oil and gas firm Apache Corp for just under $460 million. The Calgary-based energy company [...]

Subway Expansion to U.K.

CBJ — The Subway franchise of sandwich restaurants plans to open a further 500 outlets in the U.K. and Ireland over the next three years, creating about 5,000 jobs, as it seeks to [...]

Manufacturing Cools in June

CBJ — The pace of growth in the Canadian manufacturing sector cooled in June to a four-month low as job creation slowed and companies saw fewer orders for new work. Figures released by the [...]

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