CBJ News

Bank of Canada Rate Status Quo

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 [...]

CERB Extended 8 Weeks

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 [...]

U.S. 5G Can Now Include Huawei

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 [...]

Oil Down Again

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 [...]

Cineworld — Cineplex Deal is Off

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 [...]

Grocery Chains Drop $2 Pay Hike

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 [...]

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