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 […]
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Wickenheiser Joins Leafs
CBJ — Canadian women’s hockey legend Hayley Wickenheiser has been hired for a front-office job with the Toronto Maple Leafs. The 40-year-old Wickenheiser has been given the title of assistant director of player development after recently attending the Leafs’ development camp as a guest coach. A native of Shaunavon, Sask., Wickenheiser won four Olympic gold […]
Mullen Group Ltd. Announces Declaration of Monthly Dividend
OKOTOKS, Alberta, Aug. 22, 2018 (GLOBE NEWSWIRE) — (TSX:MTL) The Board of Directors of Mullen Group Ltd. (“Mullen Group” and/or the “Corporation“) announced today that it has declared a monthly dividend of $0.05 per Common Share payable to the holders of record of Common Shares at the close of business on August 31, 2018. The […]
Retail Sales Down 0.2% in June
CBJ — Retail sales contracted 0.2% to $50.2 billion in June due to lower sales at gas stations after a price jump at the pump. The retail sales figure followed a report that wholesale sales fell 0.8% to $63.1 billion in June. Statistics Canada is expected to report second-quarter gross domestic product figures on Aug. […]
Nunuvat Gold Mine Faces $100K Fine
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 […]
