CBJ News

Trump Looking at New Auto Tariffs

CBJ — U.S. President Donald Trump says new auto tariffs are “being studied now,” asserting they could prevent job cuts such as the U.S. layoffs and plant closures that General Motors [...]

RBC Posts $12.4B Profit

CBJ — Things just keep getting better for the major financial institutions with Royal Bank of Canada’s latest quarterly earnings rising by 15% in net income, helped by rising interest [...]

Maple Leaf Foods announces $660 million investment in London

CBJ Newsmakers LONDON, ON, Nov. 26, 2018 /CNW/ – Maple Leaf Foods announced plans to invest $660 million to build a new, 640,000 sq. ft., value-added fresh poultry facility in London, [...]

Maple Leaf Foods Building New London Plant

CBJ — In the wake of recent bad news regarding business shutdowns, Maple Leaf Foods has done its part to change the narrative by bringing a ray of economic sunshine by announcing it will [...]

Canada Post Back to Work

CBJ — After five weeks of rotating strikes across the country, the federal government legislated Canada Post mail carriers back to the job as of noon, Tuesday. Royal assent was granted [...]

Union Defiant in Wake of GM Shutdown News

CBJ — The union representing thousands of autoworkers is vowing to fight back against General Motors’ plan to close its Oshawa plant in 2019 as part of a global restructuring plan. [...]

GM Closing in Oshawa: CTV

CBJ — CTV News is citing multiple sources that claim General Motors is shutting down all operations in Oshawa, Ontario. An official announcement is expected on Monday. Oshawa Mayor John [...]

Retail Sales Up in September

CBJ — Canadian retailers recorded an unexpected gain in sales in September, a firmer than anticipated ending to a weaker third quarter. According to figures released by Statistics Canada, [...]

Annual Inflation Hits 2.4%

CBJ — The national annual inflation rate hit 2.4% last month due to higher gasoline prices. The October inflation number marked an increase from 2.2% in September according to figures [...]

Crude By Rail Rises

CBJ — Crude-by-rail exports from Canada rose to a record 269,829 barrels per day in September according to figures released by the National Energy Board. The increase represents an upsurge [...]

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