CBJ News

Trade Deficit $2.1B in November

CBJ — Figures released by Statistics Canada indicate the nation’s merchandise trade deficit with other countries increased to $2.1 billion in November compared with $851 million in [...]

U.S.-China Trade Talks

CBJ — Trade talks between the U.S. and China have begun with both sides saying they are optimistic a deal can be worked out. Facing a March deadline, the concern from economists is a [...]

Oil Rises 3%

CBJ — Oil prices have climbed about 3%, rebounding from an 18-month low in December.Oil futures have gained about 10% over the past week. The increase in oil prices can be attributed to a [...]

Suncor Sets Quarterly Production Record

CBJ — Suncor Energy reports that its upstream production in the last three months of 2018 hit a quarterly record. Canada’s largest integrated oil and gas company says production [...]

Mastercard Dropping Name from Logo

CBJ — Executives at one of the world’s largest credit card companies have made a corporate decision to drop the written name from the company’s iconic logo. The word word [...]

Unemployment at 43-year low

CBJ — The national unemployment rate remained at a 43-year low of 5.6% last month as the economy closed out 2018 with the addition of 9,300 net new jobs. For the second straight month, the [...]

HBC Stock Rises

CBJ — Hudson’s Bay stock surged by about 12% after an entity controlled by HBC executive chairman Richard Baker announced it picked up another 8% stake in the department store [...]

Marriott Hacking Update

CBJ — There is a bit of good news regarding the infamous hack of Marriott’s computer system.  It now appears as if fewer guest records were compromised in a massive data breach than [...]

Google’s $23 Billion Tax Haven

CBJ — Documents reveal that Google transferred nearly $23 billion through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its foreign tax bill. [...]

Class Action vs Uber Green-Lighted

CBJ — A proposed class-action lawsuit against the ride-hailing company Uber filed by one of its drivers will go ahead after Ontario’s top court reversed a lower court decision that [...]

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