Economy, Law & Politics

Shift from export to consumer economy generating huge investment opportunities for Canadian businesses

A selection of the latest business stats collected by Ipsos Reid and Business in Vancouver.

Vancity Credit Union has announced $131 million in 2011 earnings from operations and a fourth consecutive year of increased net earnings from operations at $91 million, up 5.2% from 2010.

B.C. residents led the country in the average amount contributed to RRSPs this year at $6,700, according to a BMO Financial Group study released Monday. This was $2,000 more than the national average contribution amount.

The Liquor Control and Licensing Branch (LCLB) is negotiating with an undisclosed supplier for 40 new sets of body armour.

Richmond-based Catalyst Paper Corp. (TSX: CTL) posted a net loss of $974 million in 2011, the company announced Thursday.

The Surrey Board of Trade (SBOT) is lobbying for an inter-municipal business licence system to allow Surrey businesses to operate freely across the Lower Mainland.

Vancouver councillor George Affleck is opposing the City of Vancouver ’s proposed 2012 operating budget, claiming that tax increases are higher than represented. “They’re spinning it as a 2.

As global investors look for signs of economic improvement, any sliver of good news is driving market gains, according to a report released by CIBC World Markets Inc.