Wednesday, August 21, 2019Canada's Leading Online Business Magazine

CBJ News

Ethics Czar finds Trudeau broke Conflict of Interest Act — Again

CBJ — Ethics Commissioner Mario Dion has determined Prime Minister Justin Trudeau broke the federal Conflict of Interest Act in relation to the SNC-Lavalin scandal. Dion has found that [...]

Trump Rescinds Chinese Tariff Threat

CBJ — Stock markets surged after U.S. trade authorities scaled back plans to put another 10% tariff on Chinese goods starting next month, and have decided to temporarily exclude things like [...]

Ford, GM Brace for Downturn

CBJ — Ford and General Motors are both taking precautionary steps in the event of a prolonged economic downturn now that an ongoing trade war between the United States and China seems to be [...]

Lyft to Vancouver

CBJ — Lyft has announced plans to be operating its ride-hailing service in Vancouver before the end of this year. The Passenger Transportation Board in B.C. has yet to unveil its final [...]

Air Canada Ups Offer for Transat AT

CBJ — Air Canada is now offering an additional $200 million to acquire travel specialist Transat A.T. The new bid would see Air Canada offering $18 per share, rather than the initial $13 [...]

Canfor Going Private?

CBJ — If Vancouver billionaire Jim Pattison and his company Great Pacific Capital Corp. have their way, lumber producer Canfor Corp. will soon become a private entity. Great Pacific Capital [...]

CannTrust Deemed Non-Compliant — Again

CBJ — It’s been a rough business start for Niagara-based cannabis company CannTrust Holdings, which has been found non-compliant for a second time by Health Canada. This time the [...]

Job Numbers Dip in July

CBJ — National unemployment was up to 5.7% last month from 5.5% in June but wage growth did accelerate at its fastest pace in more than 10 years. The 4.5% wage growth was a welcome upswing [...]

Canadian Tire Buys Party City

CBJ — Canadian Tire Corp. is acquiring 65 Party City stores across Canada for nearly $175 million in cash. The acquisition will broaden its retail reach and especially in connecting with [...]

Hydro One’s 2nd-Qtr Profit Plunge

CBJ — Second-quarter profit at Hydro One tumbled about 23% from the same time last year to $155 million. The shortfall is being blamed by numerous higher weather-related costs for [...]

page  2  of  199