CBJ News

Manufacturing Moves Up in March

CBJ — Figures released by Statistics Canada reveal that the nation’s manufacturing sales were up by 1.4% in March, which was a better return than many analysts had been expecting. A [...]

CPP Fund Posts 11.6% Strong Increase

CBJ — The main fund operated by the Canada Pension Plan Investment Board increased its assets by $39.4 billion over the financial year ended March 31, equaling a net annual return of 11.6%. [...]

Enbridge’s $11 Billion Stock Offer

CBJ — Calgary-based Enbridge Inc. is considering a series of transactions with its co-investors in four affiliated businesses that would result in nearly $11.5 billion of shares being [...]

CN Rail Doing Well After Tough Winter

CBJ — Canada’s largest railway company is doing better than expected after a harsh winter that resulted in the ousting of its chief executive Luc Jobin amid a backlog of shipments. CN [...]

Feds Will Back Trans Mountain Project

CBJ — Federal Finance Minister Bill Morneau says the Government of Canada will financially support the Trans Mountain pipeline expansion, regardless of whether or not Kinder Morgan is the [...]

Tim Hortons Franchisee Suing Parent Company TDL for $4Million

CBJ — A Tim Hortons franchisee is moving ahead with his lawsuit against TDL Group, a subsidiary of parent company Restaurant Brands International over what the claimant says was the [...]

Overhaul Coming at Tesla

CBJ — Tesla Inc.’s CEO Elon Musk says changes are coming in what is being described as a thorough reorganization of the company. Tesla has been a tremendous technological innovator [...]

Hydro One Board Gives Themselves Big Pay Increases

CBJ — Hydro One board members have voted to increase compensation for their own part-time jobs to $185,000 a year, at a time when the company’s share price was falling, and not long [...]

Auto Sector is Main Canadian NAFTA Concern

CBJ — With no firm end date in sight for reaching a new deal, nobody representing Canada, the U.S. and Mexico seems to even be able to ballpark when a new NAFTA agreement will be signed [...]

Canadian Tire Purchasing Helly Hansen

CBJ — Canadian Tire Corp. Ltd. is purchasing outdoor clothing maker Helly Hansen of Norway in a $985 million deal. Canadian Tire CEO Stephen Wetmore says the deal was made due to many [...]

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