Wednesday, September 19, 2018Canada's Leading Online Business Magazine

CBJ News

Aurora Cannabis Buys ICC Labs

CBJ — Aurora Cannabis Inc. has signed an agreement to acquire marijuana company ICC Labs Inc. in a friendly, all-stock deal it valued at $290 million. ICC has more than 70% of the market [...]

Judge Overturns Ford’s Toronto City Council Contraction Plan

CBJ — Unprecedented and unconstitutional. Those were the words used by a judge in overturning Ontario Premier Doug Ford’s edict to reduce Toronto’s city councillors from 47 to [...]

NAFTA Deal Looking Good

CBJ — Sources close to the NAFTA negotiations say Canada is increasingly optimistic that a deal can be reached with the United States some time this month in order to salvage the trilateral [...]

Woods Named Chair of Hydro One

CBJ — Former CIBC executive Tom Woods has been named the permanent chairman of Hydro One’s board of directors. He had been serving on an interim basis since August 14 when the former [...]

Hackers Hit British Airways

CBJ — Hackers obtained the credit card details of nearly 40,000 British Airways travellers during a two-week data breach this summer. The full extent of the potential consequences of the [...]

Ontario Cannabis Store Expands Supplier List

CBJ — Anticipating a strong market demand, Ontario has signed supply agreements with six additional licensed cannabis producers, bringing the total to 32, along with 10 accessories [...]

AirBNB Postings Dwindle in Vancouver

CBJ — New government regulations in Vancouver designed to cut down on the number of homes rented to tourists on the website Airbnb seems to be having the desired effects. The city says the [...]

Ford Recalls 2 Million Pickup Trucks

CBJ — Ford Motor Co. is recalling about 2 million F-150 pickups in North America because the seat belts can cause fires. The recall covers certain trucks from the 2015 through 2018 model [...]

Bank Rate Steady at 1.5%

CBJ — Despite hints that an increase was coming, the Bank of Canada has opted to leave its key interest rate unchanged at 1.5%. However, many economists are predicting this is just the [...]

Trade Deficit Down in July

CBJ — Statistics Canada says the country’s merchandise trade deficit with the world shrank to $114 million in July, the smallest since a surplus in December 2016, as the [...]

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