CBJ — The Bank of Canada has no intention of raising its overnight trendsetting interest rate due to the vast uncertainties surrounding the COVID-19 pandemic. The bank’s new governor [...]
The Canada Emergency Response Benefit program will be extended by eight weeks as people continue to look for work after being shunted to the unemployment line due to the COVID-19 pandemic. Prime [...]
CBJ — The United States Commerce Department will now permit American companies to work with Chinese telecom company Huawei in the development of 5G networks. Previously, the U.S. government [...]
CBJ — A spike in COVID-19 cases in a number of states in the United States has resulted in another drop in oil prices, by as much as 2% in some regions of the world. Although the U.S. is [...]
CBJ — Cineworld says its huge $2.8 billion deal to acquire Cineplex is off. Cineworld, based out of London, England, claims certain breaches were made by the Canadian theatre chain that [...]
CBJ — Grocery chains Loblaws and Metro as well as Walmart have each decided they will no longer pay their workers an extra $2 an hour, which was implemented as bonus pay in the early days [...]