CBJ News

TPP Moving Ahead… Sans USA

CBJ — With the United States out of the mix, Canada and the remaining members of the old Trans-Pacific Partnership have agreed to a revised trade agreement following talks in Tokyo. The new [...]

Cara Purchases The Keg

CBJ — Cara Operations has announced it is purchasing Keg Restaurants Ltd. for $200 million. Cara, which owns the likes of Swiss Chalet, Harvey’s, Kelsey’s and East Side [...]

Sobeys Looks to Expand Online Services

CBJ — Grocery store chain Sobeys Inc. has signed an agreement to partner with Ocado Group to help build its online shopping business. As part of the agreement, Ocado will partner [...]

IMF Raises Canadian Growth Forecast

CBJ — The International Monetary Fund has raised its estimate for economic growth in Canada this year to 2.3%, up from the predicted 2.1% estimate it made in October.  The increased [...]

German Government Orders Audi Recall

CBJ — Illicit emission-control software has been found by a watchdog looking into Audi’s latest Euro-6 diesel models and as such the German Transport Ministry has ordered a recall of the [...]

Blame Kathleen Wynne: Tim Hortons Franchise Owners

CBJ — A staff memo written by a couple of Tim Hortons franchise owners in Whitby, Ont., blames cuts to employee benefits on the Ontario government and its minimum wage hike. The memo also [...]

U.S. Oil Output to Top Saudi Arabia

CBJ — This is not the news OPEC nations want to hear: U.S. oil production is booming and is forecast to top that of Saudi Arabia and Russia. That’s the forecast coming from the [...]

Software Update to Address iPhone Speed

CBJ — Apple Inc. CEO Tim Cook says his company is releasing a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge. An Apple [...]

Bank of Canada Raises Interest Rate to 1.25%

CBJ — As widely expected the Bank of Canada raised its trendsetting overnight interest rate to 1.2%, marking the third consecutive 0.25% increase since July.  Of note, it’s also the [...]

Ferrero Purchases Nestle Confectionery Unit

CBJ — Nestle has agree to sell its American confectionery unit to Ferrero, the Italian maker of Nutella. It marks the first major selloff for the Swiss giant since Mark Schneider took over [...]

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