CBJ — The owner of a mothballed gold mine in Nunavut has been fined for filing environmental reports on the impacts to fish habitats three years late. Lupin Mines Incorporated pleaded guilty to the charge and faces a $100,000 fine. The mine did not conduct the study within the time frame as required for financial […]
RBC Posts Another Huge Quarter
CBJ — Royal Bank of Canada is the first of the major Canadian banks to report its quarterly earnings and in doing so has likely set the tone for the latest round of big bank earnings. RBC had a record $3.1 billion in net income for its third quarter, up 11% from a year ago […]
McDonald’s Sets Global Goal to Reduce Barriers to Employment for Two Million Youth; Invests $2 Million in Chicago’s Workforce; and Pledges to offer 43,000 apprenticeships across Europe
CHICAGO, Aug. 22, 2018 (GLOBE NEWSWIRE) — Today, McDonald’s Corporation announced a new initiative called Youth Opportunity, with a global goal to reduce barriers to employment for two-million young people by 2025 through pre-employment job readiness training, employment opportunities and workplace development programs. As part of this goal, McDonald’s is also joining the Global Initiative […]
Alaris Royalty Corp. Declares August Dividend
NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Aug. 21, 2018 (GLOBE NEWSWIRE) — Alaris Royalty Corp. (“Alaris” or the “Corporation”) (TSX: AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common […]
Irving Oil Acquiring Irish Companies
CBJ — Irving Oil of Saint John, New Brunswick is acquiring an Irish-based energy marketing and distribution group of companies. Irving has signed a deal with Tedcastle, which operates under the brand name Top Oil and is a leading supplier of home heating oil, petroleum and diesel fuel in Ireland. Top Oil recently expanded operations […]
Wholesale Sales Down in June
Wholesale sales declined 0.8% in June to just over $63 billion according to figures released by Statistics Canada. The drop came as the motor vehicle and parts sub-sectors saw sales drop 1.9% to $10.9 billion. The miscellaneous subsector fell 2.2% to $8.2 billion on lower sales in the agricultural supplies industry. Overall, Statistics Canada says […]
Air Canada, et al, Acquire Aeroplan
CBJ — A business group led by Air Canada has reached a deal to acquire the Aeroplan loyalty program from Aimia Inc. The group, which includes TD Bank, CIBC and Visa Canada Corp., has agreed to pay $450 million in cash and assume nearly $2 billion in liability associated with Aeroplan miles that customers have […]
NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games
NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services
10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX
10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services
Volkswagen Recall
CBJ — German automaker Volkswagen must recall about 700,000 Tiguan and Touran cars worldwide due to a possible lighting defect. The news was first reported in the German trade magazine Kfz-Betrieb. The magazine reported that humidity can cause a short circuit at the panoramic roof’s light strip of the affected cars. A short circuit in […]
