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British Columbians developing taste for import beer

New figures from the BC Liquor Distribution Branch (BCLDB) show imported beers continue to grow in popularity in B.C.

Vancouver nutraceutical firm receives competing bid for assets

Vancouver-based Forbes Medi-Tech Inc. (OTCBB:FMTI), which was formerly listed on the Nasdaq, has received a competing bid for its assets. New Jersey-based Pharmachem Laboratories Inc. has offered to acquire all of Forbes Medi-Tech ’s assets for US$1.

Asian economies powering increasing shipments through Port Metro Vancouver

Increasing volumes of exports to Asian economies in the first half of 2010 helped push foreign shipments to 45.

Slow spring prompts cut in B.C. home sales and price forecasts

The Canadian Real Estate Association (CREA) is anticipating lower than previously-forecast home sales and average home prices in B.C.

Current needs trump saving for retirement for middle-aged Canadians: BMO study

Middle-aged Canadians know they need to save for retirement, but many remain preoccupied with current needs and wants, according to a BMO Bank of Montreal study.

Space and satellite assets keeping MDA profitable

Richmond’s Macdonald, Dettwiler and Associates Ltd. (TSX:MDA) reported an almost 9% increase in second quarter profit due to stronger performance in its information systems division, which includes its space, satellite and surveillance businesses.

NDP energy critic says IPP advocate distorting B.C. energy picture

Provincial NDP energy critic John Horgan is repudiating an independent power advocacy group’s claims that it is environmentally and economically unacceptable for B.C. to import electricity. In a BIV Daily story published Thursday, the B.C.

HST among reasons Canadian executives neglecting strategic tax planning

A survey by the Canadian Financial Executives Research Foundation has found that the HST is among some of the recent changes in regulatory and compliance requirements that are leading corporate tax managers to neglect strategic tax planning.

British Columbians most comfortable with online banking

British Columbians choose to bank online more than any other group of Canadians, according to the latest study by the Canadian Bankers Association. The survey found that 72% of B.C.

Production stalls pull down Methanex profitability

Methanol producer Methanex (TSX:MX) reported a 304% increase in year-over-year profit for the second quarter, but production stalls resulted in profit dropping 60% when compared with the first quarter of 2010. Methanex posted a profit of US$11.