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Vancouver-based Methanex Corp . (TSX:MX) has announced it plans to restart a mothballed methanol plant at its Motunui site in New Zealand. That plant is expected to start production in mid-2012.

GrowLab has announced it is now accepting applications for its 2012 spring accelerator program, which runs from May 21 until August 21.

The market for Metro Vancouver’s commercial real estate is maintaining its course from a year ago, according to a report released this morning by commercial real estate services company Avison Young .

The Bank of Canada (BOC) announced Tuesday it will maintain its overnight rate target at 1%.

Vancouver-based Finning International Inc . (TSX:FTT) announced this morning it will acquire Caterpillar Inc .’s distribution and support business, which was formerly operated by Bucyrus in South America, Western Canada and U.K.

Alderon Iron Ore Corp. (TSX:ADV) (OTCQX:ALDFF) has announced the closing of a strategic investment from Liberty Metals & Mining Holdings (LMM) worth $40 million.

The Fraser Institute has released a study that calculates the cost of official bilingualism in Canada to be $2.4 billion annually.

A tentative eight-year collective agreement was announced this morning between the International Longshore and Warehouse Union (ILWU) Local 514 and the BC Maritime Employers Association (BCMEA). ILWU Local 514 represents nearly 500 foremen.

Boston, Massachusetts-based UFood Restaurants Group (OTCBB: UFFC) (UFRG) is expanding into British Columbia with a franchise for the development of 10 UFood Grill locations in the province, UFRG announced this morning.

B.C. is leading Canada in reducing red tape, according to the Canadian Federation of Independent Business (CFIB)’s annual Red Tape Report Card, released today.