Business News
Air Canada Ranked Best
Air Canada has been ranked as Best Airline in North America in an worldwide survey of more than 12 million air travelers. Star Alliance, of which Air Canada is...
TV Revenue Slows
After stellar growth in 2003, revenues for television broadcasters increased at less than half the pace in 2004. Television broadcasting operating revenues...
First Quarter Profit For Bombardier
An increase in aircraft deliveries and rail equipment orders boosted Bombardier Inc. to a first-quarter profit of $55 million US, compared with a loss of $174...
Local Now On BBB Board
Bob Taylor, Manager of Corporate Communications (Pacific Region), Canada Post was elected 2005/2006 Chairperson of the Better Business Bureau of Mainland BC at...
Canada""s Current Account Surplus
Canada's current account surplus with the rest of the world, on a seasonally adjusted basis, dropped $1.3 billion in the first quarter of 2005 to $4.0 billion...
New Pipeline Deal Close
Penn West Petroleum Ltd. says it is on the verge of striking a deal with Alberta and Ottawa to build a pipeline that would inject carbon dioxide — and new...
Royal Bank Profits Soar
Royal Bank hiked its quarterly dividend Friday after announcing a 19 per cent increase in its second-quarter profits. Royal (TSX:RY) said it made $907 million...
Western Star Site Sold
It's been reported that the 13 acre Western Star site on Enterprise Way is on the verge of being sold. Closing is set to occur in the next few weeks of the sale...
Canadian Tire Can Ask Questions
In his first ruling under the BC Personal Information Protection Act, BC Information and Privacy Commissioner David Loukidelis has upheld the practice of a...
Design Award Winner
A prominent downtown business has been honored as the 2005 Downtown Design Award Winner for Best Renovation at the May 25th, Downtown Kelowna Association,...
From Kelowna To Hawaii
Harmony Airways will take possession of its fourth Boeing 757-200 aircraft next month. With this acquisition comes service from new western Canadian cities....
Bank Of Canada Keeps Target
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is...
First Quarter Loss For Bay
Hudson's Bay Co. said Tuesday its first-quarter loss almost doubled as restructuring charges and lower sales hit the bottom line. The company said it lost $41.3...
Microsoft European Agreement
Microsoft has made a “deal” with the European Commission to resolve differences before the end of May over remedies imposed on the software giant for...
Real Estate Market Bounces Back
The real estate market bounced back nicely in April, after last month’s sales dipped slightly for the first time in several months. The total sales for April...
B.C. Big Spenders
British Columbians spent a record $4.134 billion on retail purchases in March, according to figures released by Statistics Canada Friday, posting a surge in...
Rise In Consumer Price Index
Gasoline prices were the major factor influencing the movement in the 12-month Consumer Price Index from 2.3% in March to 2.4% in April. Excluding energy...
Selling Aeroplan Rewards
ACE Aviation Holdings, the parent of Air Canada, confirmed Thursday that it's working on selling part of its Aeroplan rewards program and it could announce...
Canadian Investors Active
Foreign investors continued purchasing Canadian securities in March acquiring $1.9 billion, up from February's investment of $1.5 billion. The investment during...
Inflation Higher For Seniors?
The Consumer Price Index (CPI) tracked very closely the inflation experienced by seniors as a group between 1992 and 2004, according to a new study. This is...