CBJ News

Heat Sends Canola Prices Soaring

CBJ – Restaurant owners and visitors to the grocery store have no doubt noticed the soaring price of canola oil in recent weeks. The cause is said to be mostly due to the unprecedented heat wave [...]

Retail Sales Down in April

CBJ – Retail sales were off by about 6% in April, marking the steepest monthly decline of 2021 thus far.  May’s final numbers won’t be known for a few weeks yet but it’s expected those figures [...]

Bitcoin Slide Continues

CBJ – China’s recent crackdown on bitcoin mining has resulted in a notable decline in the cryptocurrency’s value. By far the most populous country in the world, financial analysts believe it is [...]

CDN Mortgage Debt Nears $2 Trillion

CBJ – In the wake of skyrocketing home prices combined with historically low interest rates it should come as no surprise that Canadians are taking out more in mortgage debt than at any point in [...]

Largest Inflation Jump in a Decade

CBJ — The Consumer Price Index (CPI), which measures inflation, recorded a 3.6% increase compared with a year ago, making it the biggest annual increase since May, 2011. The uptick should [...]

Jobless Rate 8.2% in May

CBJ – The national jobless rate came in at 8.2% in May, up from 8.1% in April after Statistics Canada revealed 68,000 jobs were lost last month. Further shutdowns in many regions of the country [...]

page  4  of  422