CBJ News

Aeroplan Sale: $516 Million

CBJ — The final price for the sale of Aimia’s Aeroplan to Air Canada has increased to $516 million following the finalization of all financial adjustments. Air Canada signed a [...]

Kraft Heinz Parmalat Deal Can Proceed

It appears as if there are no further roadblocks to the proposed sale of Kraft Heinz of Canada to Parmalat of Italy in what would be a $1.6 billion transaction. The federal Competition Bureau [...]

Assange Extradition Hearing Postponed

CBJ — According to his lawyer, WikiLeaks founder Julian Assange was too ill to appear via video link from a British prison in a hearing on an extradition request from the United States. The [...]

Canada Goose Stock Plummets

CBJ — Shares of Canada Goose took a nosedive of nearly 30% following the company’s fourth-quarter earnings and a concern about the sales outlook. The concern with investors is [...]

SNC-Lavalin To Face Trial

CBJ — A Quebec judge has ruled that SNC-Lavalin Group must stand trial on charges of fraud and corruption. The problems began for the Montreal-based engineering and construction firm last [...]

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 [...]

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