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Business News

Cdn Manufacturing Rallied

Aug 16, 2006 / 7:48 am

Manufacturing shipments increased 1.9% to $51.4 billion in June, the highest level since January 2006. And while the trend for manufacturing is positive,...

Tuesday Market Report

Aug 15, 2006 / 6:13 pm

Canadian stocks snapped a three-day losing streak as a U.S. government report on producer prices showed that inflation was contained and eased concern the...

Dell Recalls Batteries

Aug 15, 2006 / 9:10 am

In cooperation with the U. S. Consumer Product Safety Commission and other regulatory agencies worldwide, Dell is today announcing the voluntary recall of...

Cdns Logon For News

Aug 15, 2006 / 8:09 am

Two-thirds of adult Canadians surfed the Internet in 2005, and those living in larger cities were much more likely to have done so than those in rural areas and...

Monday Market Report

Aug 14, 2006 / 5:00 pm

Canadian stocks fell Monday as commodity prices dropped. U.S. stocks edged higher after a UN-ordered ceasefire between Israel and Hezbollah put an end to the...

Xstrata Seizes Falconbridge

Aug 14, 2006 / 7:35 am

Xstrata is set to seize control of Falconbridge and its stable of global base mineral operations Monday night when its $18-billion takeover offer expires. When...

Interprovincial Trade

Aug 13, 2006 / 10:00 am

Courtesy BC Infoline The federal government’s announcement in April of a potential agreement to end the softwood lumber dispute with the United States...

BC Economic Update

Aug 12, 2006 / 10:00 am

• Exports of BC products expanded 7.7% (seasonally adjusted) in June, building on a 1.6% increase in the previous month. The export growth reflected a big...

Friday Market Report

Aug 11, 2006 / 6:00 pm

Canadian stocks fell after U.S. reports on retail sales and import prices spurred concern that the Federal Reserve may resume raising interest rates. The...

Brazil""s CVRD Bids Inco

Aug 11, 2006 / 8:24 am

Companhia Vale do Rio Doce announces that it intends to make an all-cash offer to acquire all of the outstanding common shares of Inco Limited at a price of...

Thursday Market Report

Aug 10, 2006 / 2:56 pm

Canadian stocks retreated for the first time in four days, after U.K. police said they foiled a plot to blow up airplanes traveling from Britain to the U.S....

Sleemans Strong Growth

Aug 10, 2006 / 2:00 pm

Sleeman Breweries Ltd. today released its financial results for the second quarter ended July 1, 2006. Normalized net earnings were $3.8 million and normalized...

Stocks Slide Terror Threat

Aug 10, 2006 / 7:27 am

Canadian and U.S. stocks dropped Thursday as a foiled bomb plot in London knocked airline shares lower and sent jitters through the world""s financial centres....

Wednesday Market Report

Aug 9, 2006 / 6:06 pm

Canada""s Standard & Poor""s/TSX Composite Index advanced to the highest in almost three months, led by energy producers including Canadian Natural Resources...

MLS Sales Decreased

Aug 9, 2006 / 2:14 pm

The Okanagan Mainline Real Estate Board (OMREB) reports that MLS® sales decreased by -4.2% to 902 units sold in July 2006 compared to 942 sold during the same...

Housing Starts Rise

Aug 9, 2006 / 9:00 am

Condo Construction Boosts Kelowna Area Housing Starts The Kelowna area new home market maintained a blistering pace in July, according to Canada Mortgage and...

Tuesday Market Report

Aug 8, 2006 / 4:20 pm

Canadian stocks rose to the highest since May, led by energy producers, as oil prices held above $76 a barrel. The S&P/TSX added 61.50 points, or 0.5 percent,...

Sears Loses TakeOver

Aug 8, 2006 / 7:54 am

Sears Holdings Corp. failed to comply with the province""s securities law when it bid for Sears Canada Inc., the Ontario Securities Commission ruled Tuesday in...

Alaskan Oilfield Closed

Aug 7, 2006 / 7:39 am

In a blow to drivers already struggling with high gas prices, BP shut down the biggest oilfield in the United States, cutting off about 8 percent of the...

BC Labour Force Update

Aug 6, 2006 / 6:58 am

Provided by BC Stats InfoLine • After dropping to a new low of 4.3% (seasonally adjusted) in June, BC’s unemployment rate jumped 0.4 percentage points in...

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