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Vancouver-based Magma Energy Corp. (TSX:MXY) plans to raise $40 million in a prospectus offering of shares marketed by a syndicate of underwriters led by Raymond James Ltd.

A B.C. Securities Commission panel has found that three former directors of a public company perpetrated a fraud against Alberta-based PanTerra Resource Corp. (TSX-V:PRC).

A local farming family is being recognized for 137 years of tilling the Fraser Valley. The Smith Farm in Langley received a Century Farm Award from provincial MLA Rich Coleman on July 10.

The value of merger and acquisition activity in Canada remained low during the first half of 2010, down 30% from the first half of 2009. According to data compiled by mergermarket , total Canadian M&A activity totalled US$29.

Canadian businesses are reaping the benefits of an improved economy, according to the Bank of Canada’s summer business outlook survey.

One of B.C.’s oldest construction companies, Vancouver's Dominion Construction, has been merged with Calgary-based Churchill Corp.'s (TSX:CUQ) Stuart Olson Construction as part of the $394 million acquisition of Seacliff Construction Corp. (TSX:SDC).

The pace of Canada’s economic recovery is expected to slow for the rest of the year due to a fragile rebound in the U.S.

Foreign investors believe the strength of the Canadian economy has staying power and that means B.C. could reap the benefits, according to CIBC World Markets.

The federal government has its work cut out for it to catch up with other Asia Pacific countries when it comes to tapping the interest of Chinese tourists and investors.

Relations between Vancouver-based Ivanhoe Mines Ltd.