Tuesday, December 18, 2018Canada's Leading Online Business Magazine

CBJ News

NB Premier Wants Energy East Revived

CBJ — With oil making headlines right across the country, New Brunswick’s new premier joined in the fray by saying he wants to revive the Energy East pipeline — even though the [...]

Alberta Slashing Oil Output by 8.7%

CBJ — Record low oil prices have resulted in Alberta Premier Rachel Notley announcing that the province will temporarily cut its oil production by 8.7% in an attempt to shore up prices and [...]

OPEC Cracks Widening

CBJ — It’s no secret there are powerful forces that would like to see OPEC come apart at the seams and disband and create a more open system of oil selling on the international [...]

USMCA Deal Signed

CBJ — Canada, the United States and Mexico have signed a new North American trade pact at the G20 summit in Buenos Aires, Argentina. The USMCA will replace the old NAFTA agreement, which [...]

Sleep Country Buys Endy for $88.7M

CBJ — Sleep Country Canada has acquired Canadian mattress startup Endy for $88.7 million with $63.7 million being paid in cash paid at closing and up to an additional $25 million in 2021 [...]

Economy Slowed in 3rd Quarter

CBJ — The pace of economic growth in Canada slowed in the third quarter as business investment spending fell and the growth in household spending declined, raising questions about the [...]

Deutsche Bank Offices Raided

CBJ — Police raided six Deutsche Bank offices in and around Frankfurt over money laundering allegations linked to the “Panama Papers.” Investigators are looking into the activities of two [...]

NBA Does Gambling Data Deal

CBJ — The National Basketball Association has signed the first gambling data partnerships in the U.S., giving two firms the right to sell the fastest and most accurate NBA information to [...]

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 [...]

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