CBJ News

Interest Rate Remains 1.75%

CBJ — The Bank of Canada has opted to maintain its key interest rate at 1.75. Senior officials with the bank believe there are more indicators that the economy’s winter deceleration [...]

NFI Buys UK Company for $546 Million

CBJ — Canadian bus manufacturer NFI Group of Winnipeg has acquired Alexander Dennis Ltd., a British maker of buses, for $546 million. NFI, previously known as New Flyer Industries, says the [...]

Fiat-Chrysler Wants Renault Merger

CBJ — Convergence continues in many industries and the automotive sector is no different. Fiat Chrysler has proposed a merger with France’s Renault as a way to create the [...]

Clean Energy Growth

CBJ — According to a report out of Simon Fraser University, the country’s clean-energy sector is growing faster than the economy as a whole and is rivalling some of the more well [...]

Bosch Fined $100 Million

CBJ — German prosecutors have fined auto parts and technology company Bosch about US$100 million over its role in the diesel emissions scandal that erupted at Volkswagen in 2015. [...]

Wholesale Trade Up 1.4%

CBJ — Wholesale sales rose 1.4% to $64.1 billion in March. The growth came as sales gained in six of the seven subsectors, accounting for 82% of total wholesale sales. The building material [...]

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