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A report by the International Auditing and Assurance Standards Board (IAASB) May 15 is still generating reactions from accounting firms and standards organizations.

A British Columbia Securities Commission (BCSC) panel has found that two B.C. residents and two companies broke securities laws when they raised money from Canadian and U.S. investors.

Fortress Paper Ltd. (TSX:FTP) has completed its previously announced $40.25 million debenture offering. Under the bought deal, Fortress offered 6.50% convertible unsecured subordinated debentures.

Richmond’s Donald Dyer broke securities laws when he sold stock to a U.S. company, the British Columbia Securities Commission revealed December 21. Dyer raised money for Global 8 Environmental Technologies Inc . through Pacific Ocean Resources Corp .

Intrinsyc Software International Inc . (TSX:ICS) announced today it has signed a material agreement with an unnamed leading semiconductor company.

Nestlé Toll House Café by Chip is locating its first two Canadian dessert cafes in Metro Vancouver. The first opened last week at Surrey’s Guildford Town Centre; the second will open at New Westminster’s Plaza 88.

Western Wind Energy Corp . (TSXV:WND) (OTCQX:WNDEF) has announced its Windstar energy project in Tehachapi, California, became fully energized December 20. The project’s total power capacity is 120 MW (enough to power 30,000 average homes).

The Supreme Court of Canada ruled this morning that Ottawa’s proposed Securities Act, as it is presently drafted, does not fall under the general branch of the federal power to regulate trade and commerce.

Canada’s western provinces drove the nation’s retail sales growth between September and October, according to Statistics Canada . B.C.’s 1.7% sales growth between September and October was more lower than that of Alberta (3%), Manitoba (1.

Immigrant settlement society S.U.C.C.E.S.S. has hired an international search firm to find a new CEO to fill Thomas Tam’s shoes. Tam has given six months notice that he wants to do something new.