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Uranium explorer closes over-subscribed private placement
Hathor Exploration Ltd. (TSX-V:HAT) has closed an over-subscribed $15 million financing and raised $15 million, the Vancouver-based company announced today. The junior uranium explorer raised $4.
Mar 22, 2010 11:00 PM
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Gains from financial assets boost Central 1 Credit Union's bottom line
The wholesale financial services provider for B.C.'s and Ontario's credit union reported a 275% increase in net income for 2009. Net income for Central 1 Credit Union rose to $99.9 million from $26.
Mar 21, 2010 11:00 PM
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Loonie reaching peak versus U.S. greenback: CMC Markets
The Canadian dollar may be reaching a peak versus the U.S. greenback as global monetary tightening increases, according to Ashraf Laidi, chief market strategist for London-based CMC Markets.
Mar 21, 2010 11:00 PM
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Foreign investment in Canadian securities rise
Foreign investors continued their interest in Canadian securities for a third consecutive month in January, according to data released by Statistics Canada Thursday. Foreign investment rose 6.3% to $11.8 billion from $11.
Mar 18, 2010 11:00 PM
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B.C. and Alberta to jointly host bobsleigh and skeleton World Cup
The World Cup of bobsleigh and skeleton will be the first international post-Olympic event at Whistler. The province of B.C.
Mar 18, 2010 11:00 PM
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Telus boosts broadband spending in Alberta
Vancouver's Telus Corp. (TSX:T), Canada's second-largest telecommunications firm, plans to spend $650 million in Alberta this year to expand and improve its broadband services in the oil-rich province.
Mar 17, 2010 11:00 PM
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Wholesale trade posts strongest increase in three years
Canada's wholesale trade sector reported its strongest monthly increase in three years, rising 3% to $44.4 billion according to data released by Statistics Canada Wednesday.
Mar 17, 2010 11:00 PM
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Manufacturing sales rebound in January
Manufacturing sales in B.C. rose in January following flat sales in the last two months of 2009, according to Statistic Canada data released Tuesday. Total sales rose 4.2% to $2.85 billion from $2.73 billion in December and $2.75 billion in November.
Mar 16, 2010 11:00 PM
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Off-road use of biodiesel under study by forestry industry
Natural Resources Canada is partnering with the Canadian forestry sector's research institute to explore the potential use of biodiesel for off-road machinery in highway construction and forest operations. Conducted by FPInnovations, the $1.
Mar 16, 2010 11:00 PM
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First-time home buyers shrinking portion of market: Ipsos-Reid
The proportion of first-time home buyers in the B.C.'s residential real estate market is dwindling, according to a study by Ipsos-Reid. Currently, about 29% of home buyers are first-time buyers, down from 38% in the first half of 2009.
Mar 15, 2010 11:00 PM
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