Tuesday, September 25, 2018Canada's Leading Online Business Magazine

CBJ News

Canada Post Loses $242M in 2nd Quarter

CBJ — Canada Post recorded a second quarter loss before taxes of $242 million, That’s a huge drop from the $27 million profit it made during the same period in 2017. The Crown [...]

Air Canada Mobile App Breach

CBJ — As many as 20,000 Air Canada customers may have had their personal information compromised after a breach in the airline’s mobile app. The serious matter has prompted a complete [...]

Enbridge Aims to Take Full Control of SpectraEnergy

CBJ — Enbridge Inc. is looking to take full control of SpectraEnergy Partners and is now offering $4.3 billion to do so.It currently owns 83%. In May, Calgary-based Enbridge launched an [...]

Auto Sector Optimistic Despite U.S. Tariff Threat

CBJ — The Canadian auto sector is staying optimistic in hoping that problems with the U.S. Trump administration and the threat of tariffs can be avoided, especially after a new trade deal [...]

Airlines Raising Baggage Fees

CBJ — Air Canada and WestJet Airlines are increasing fees by $5 for passengers to check their first bags and $20 for a second bag. The changes apply to the lowest fare classes at both [...]

McCain Funeral on Sunday

CBJ — The funeral for Arizona Senator John McCain will take place on Sunday, eight days after his passing at the age of 81.  McCain would have turned 82 on Wednesday. He was a one-time [...]

Crude By Rail Hits New Record

CBJ — Crude-by-rail exports from Canada set another record in June, rising to an average of 204,558 barrels per day. That’s up almost 3% from 198,800 in May and a whopping 86% from [...]

Huawei 5G Banned in Australia

CBJ — Huawei of China has been banned from selling its 5G network in Australia due to security concerns. Several governments have been scrutinizing Huawei over its links to the Chinese [...]

Wickenheiser Joins Leafs

CBJ — Canadian women’s hockey legend Hayley Wickenheiser has been hired for a front-office job with the Toronto Maple Leafs. The 40-year-old Wickenheiser has been given the title of [...]

Retail Sales Down 0.2% in June

CBJ — Retail sales contracted 0.2% to $50.2 billion in June due to lower sales at gas stations after a price jump at the pump. The retail sales figure followed a report that wholesale sales [...]

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