CBJ News

Oil Companies May Shut Down Production

CBJ — With the price of oil at historic lows, many small to mid-sized Calgary-based energy companies are now looking to shutting down production until the industry is able to turn a corner. [...]

Wage Subsidy Starts April 27

CBJ — The federal government’s long-awaited $73 billion wage subsidy program will be ready to go on Monday, April 27. The government is also setting up a $350 million Emergency [...]

Subaru Recalls 200,000 Autos

CBJ — It’s Subaru’s turn to announce a large recall. The Japanese automaker is advising more than 200,000 cars and SUVs in Canada and the U.S. have potential fuel pump problems [...]

Virgin Group on Brink of Collapse

CBJ — The owner of passenger airline companies Virgin Atlantic and Virgin Australia will require government assistance in order to survive. Billionaire Sir Richard Branson, who founded both [...]

B.C. Invokes Non-gouging Law

CBJ — Following in the legal footsteps of Ontario, the province of British Columbia is now enabling police and other law enforcement officers to issue fines of up to $2,000 if they find [...]

Oil Prices Now in Negative Territory

CBJ — As crazy as it sounds there are certain oil companies that are giving away their excess stockpiles. Not only are some being forced to relieve their stockpiles for no money, but they [...]

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