CBJ — Enbridge Inc. is looking to take full control of SpectraEnergy Partners and is now offering $4.3 billion to do so.It currently owns 83%. In May, Calgary-based Enbridge launched an initiative to buy back all of its pipeline subsidiaries in the United States with shares worth $11.4 billion at the time, citing a Federal […]
Archive | Uncategorized
RSS feed for this sectionAuto Sector Optimistic Despite U.S. Tariff Threat
CBJ — The Canadian auto sector is staying optimistic in hoping that problems with the U.S. Trump administration and the threat of tariffs can be avoided, especially after a new trade deal was tentatively reached between the U.S. and Mexico. The U.S. and Mexico reached a bilateral “understanding” on a trade agreement that could replace […]
Airlines Raising Baggage Fees
CBJ — Air Canada and WestJet Airlines are increasing fees by $5 for passengers to check their first bags and $20 for a second bag. The changes apply to the lowest fare classes at both airlines. The country’s two largest airlines will now charge $30 for a passenger’s first checked bag while the second checked […]
Avid Bioservices to Exhibit at the 2018 BioProcess International Conference & Exhibition
– Corporate Booth to Include Virtual Tour of Myford Late-Stage Clinical and Commercial Biomanufacturing Facility Highlighting Immediately Available 2,000-Liter Scale Bioreactor Capacity – TUSTIN, Calif., Aug. 28, 2018 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO) (NASDAQ:CDMOP), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development […]
Parkland Fuel Corporation Completes the Acquisition of Rhinehart Oil Co.
CALGARY, Alberta, Aug. 27, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “We”, “Our” or “Us”) (TSX:PKI) is pleased to announce that Parkland, through a U.S.-based subsidiary, has successfully completed the previously announced acquisition of all of the issued and outstanding equity interests of Rhinehart Oil Co., Inc. and its affiliates, a retail, commercial and […]
McCain Funeral on Sunday
CBJ — The funeral for Arizona Senator John McCain will take place on Sunday, eight days after his passing at the age of 81. McCain would have turned 82 on Wednesday. He was a one-time naval bomber pilot and was captured during the Vietnam War, where he spent more than five years in a prisoner […]
NVIDIA Announces Upcoming Event for Financial Community
NVIDIA Announces Upcoming Event for Financial Community Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services
Nemaska Lithium reçoit le premier versement de 75M US$ en vertu de l’entente sur la production avec Orion
QUÉBEC, 23 août 2018 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. (” Nemaska Lithium ” ou la ” Société “) (TSX: NMX) (OTCQX: NMKEF) (FRANCFORT: N0T) est heureuse de confirmer que Nemaska Lithium Shawinigan Transformation Inc., sa filiale à part entière, a reçu un premier versement de 75M US$ de filiales d’Orion Mine Finance II LP (” Orion “) en vertu de l’entente sur la […]
Crude By Rail Hits New Record
CBJ — Crude-by-rail exports from Canada set another record in June, rising to an average of 204,558 barrels per day. That’s up almost 3% from 198,800 in May and a whopping 86% from 109,500 in June 2017, according to the National Energy Board. However, these record shipments may not last if several pipeline delivery options […]
Huawei 5G Banned in Australia
CBJ — Huawei of China has been banned from selling its 5G network in Australia due to security concerns. Several governments have been scrutinizing Huawei over its links to the Chinese government. The private Chinese company started by a former People’s Liberation Army major in 1987 suffered a setback in the U.S. market in 2012 […]