CBJ News

Unemployment Rate Edges Up

CBJ — Despite the creation of about 30,000 jobs across the country, Canada’s unemployment rate actually rose .1% to 5.6% last month. That’s because more people were actively [...]

$1.5B Merchandise Trade Deficit

CBJ — Canada’s merchandise trade deficit grew to $1.5 billion in January compared with $732 million in December with lower exported products. Figures from Statistics Canada reveal [...]

Canopy Growth Shrinking

CBJ — Canopy Growth is laying off 500 workers and taking a write-down that could be as much as $800 million as it reorganizes due to the recreational marijuana market developing much slower [...]

Interest Rates Cut — Markets Rally

CBJ — A .50% interest rate cut in Canada and a cut by the Federal Reserve in the U.S. were more than enough stimuli to encourage investors to jump back into the stock markets in a big way [...]

Hub Int’l Acquires Division of Morneau Shepell

CBJ — Hub International is acquiring the benefits consulting division of Toronto-based Morneau Shepell. Financial terms of the deal were not disclosed. “Hub has been bullish on its strategy [...]

Harley-Davidson CEO Steps Down

CBJ — Harley-Davidson president and CEO Matt Levatich is stepping down after 26 years with the company in the wake of continued poor sales at the popular motorcycle company. The board of [...]

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