CBJ News

Barr Faces Mueller Report Questions

CBJ — In testimony before the U.S. Judiciary Committee, Attorney General William Barr defended his handling of special counsel Robert Mueller’s report. Mueller had sent a letter [...]

Canola Farmers Eligible For More Loans

CBJ — In light of the ongoing crisis with China, canola farmers are eligible to receive more loan payments interest-free from the federal government. The maximum loan limit through the [...]

Economy Pulls Back 0.1% in February

CBJ –The gross domestic product contracted by 0.1% in February following a 0.3% growth in the first month of 2019 according to figures released by Statistics Canada. The agency says both [...]

Hootsuite Layoffs

CBJ — Vancouver-based social media management company Hootsuite has laid off more than 100 employees. Oftentimes there are signs of change in the air and there have been rumours of a sale, [...]

Toyota Lexus NX to be Built in Ontario

CBJ — Toyota has announced it will be building the new Lexus NX SUV at its Cambridge, Ontario plant beginning within three years. The Cambridge factory currently produces the Toyota RAV4 [...]

Tesla Financing Plans

CBJ — Tesla CEO Elon Musk says his company could seek alternative sources of financing although it expects cash generated from its business to be enough to fund its investments and pay down [...]

Freshii CFO Resigns

CBJ — Freshii Chief Financial Officer Craig De Pratto is leaving the company he joined five years ago in order to pursue other career opportunities. De Pratto’s official last day will [...]

Sainsbury’s Merger Blocked in UK

CBJ — British regulators have refused Sainsbury’s $12 billion purchase of Walmart’s Asda unit amid concerns the deal would have increased prices and reduced the quality and [...]

Bombardier Cuts Financial Outlook

CBJ — Bombardier is cutting its financial guidance for the year due to lower expectations at its transportation business and commercial aircraft division. The news immediately sent shares [...]

Ford Invests $500M in Electric Vehicle

CBJ — Ford Motor Co. is investing $500 million into electric vehicle startup Rivian in a deal that has the companies working together on developing a new Ford electric vehicle. Ford become [...]

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