CBJ News

Wholesale Trade Dipped in November

CBJ — The pace of Canadian wholesale trade cooled more than expected in November as declines in the motor vehicle and parts sector offset higher sales of agricultural supplies, data from [...]

Weston Jr. Takes Reins from Father

CBJ — Galen G. Weston has been appointed CEO of George Weston Ltd., a company that his father led for decades before stepping aside last year as part of a staged succession plan at the [...]

Harrison Abruptly Leaves CP Railway

CBJ — Hunter Harrison is abruptly leaving as Chief Executive Officer of Canadian Pacific Railway, effective immediately. Canada’s 2nd-largest railway said in a news release after [...]

Bank Rate Remains at 0.5%

CBJ — The Bank of Canada is keeping its trendsetting interest rate at 0.5%. In a statement, the central bank said while “uncertainty” continues for the global economy as a [...]

Feds & Territories Reach Healthcare Deal

CBJ — The federal government has finalized a healthcare funding agreement with the Northwest Territories, Nunavut and Yukon. The three territorial governments have agreed to new targeted [...]

GM Investing $1 Billion in U.S. Plants

CBJ — General Motors plans to invest about $1 billion in its U.S. factories. Whether or not criticism by incoming U.S. President Donald Trump had any impact on the decision is not known, [...]

British PM May Discusses Brexit Plan

CBJ — British Prime Minister Theresa May has announced the guidelines that her government will follow with respect to the country’s exit from the European Union. Here is an excerpt of [...]

U.K. Pound Tumbles on BREXIT Concerns

CBJ — The British pound has taken a tumble on concern over a “hard” Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on [...]

Samsung Exec Facing Bribery Charges

CBJ — South Korea’s special prosecutor’s office is seeking a warrant to arrest the head of Samsung Group, the country’s largest conglomerate, accusing him of paying [...]

Oil Output: OPEC Cuts — U.S. Increases

CBJ — The international oil battle continues between OPEC and the United States.  It’s been a few weeks since OPEC started cutting production but in that time period, the U.S. ramped [...]

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