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B.C. raises homeowner grant

Reacting to B.C.’s rising property values, the provincial government has raised the threshold for homeowner grant eligibility to $1.285 million from $1.15 million in 2011.

Vancouver home assessments rise faster on west side

Home assessments on Vancouver’s West Side rose more than 10 times that of East Vancouver condominiums, according to information released by BC Assessment January 3.

Most British Columbians confident they can retire comfortably

The majority of British Columbians will head into 2012 believing they can achieve their retirement goals, despite being worried about the current performance of their RRSPs in a volatile investment climate, a new BMO Financial Group study finds.

Eurocrisis slowing Canadian IPO activity: PwC

The Canadian market for initial public offerings (IPOs) nearly ground to a halt in 2011’s fourth quarter, according to a report released this morning by PwC .

Business leader, philanthropist Milton Wong dies

Business leader and philanthropist Milton Wong has died at the age of 72. “British Columbia has lost a great community and business leader with the passing of Milton Wong,” Premier Christy Clark said in a statement.

CCPA blasts top CEO incomes

The Canadian Centre for Policy Alternatives (CCPA) this morning blasted the pay gap between Canada’s top-paid CEOs and average Canadians.

B.C. residents’ financial confidence down: CIBC

B.C. residents are less confident about their finances heading into 2012 than they were a year ago, a new CIBC (TSX:CM) poll has found. According to the survey, 70% of B.C.

Cabo Drilling posts record quarterly earnings

North Vancouver-based Cabo Drilling Corp . (TSX-V:CBE) has posted a 200% increase in earnings for 2012’s first quarter. Cabo reports Q1 2012 EBITDA of $3.05 million, compared with $1.01 million in the same period last year.

B.C. hospitality sales lag country

B.C. restaurant and pub sales dipped 0.6% between September and October – the biggest decrease in the country – Statistics Canada reported December 22. Canada-wide, sales at restaurants and pubs rose 0.5% to $4.

Flying out of YVR to get speedier in 2012

Nexus card holders will be able to use their passes to get into faster moving lineups this February at Vancouver International Airport (YVR), the federal government announced December 22.