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Canada's largest credit union posts second highest profit on record

Vancity, Canada's largest credit union, reported a 7.5% increase in net earnings in 2009, resulting in the second highest annual profit in the institution's history. Despite the economic downturn, net earnings rose to $50.3 million from $46.

Telus posts 45% drop in fourth quarter profits, 11% drop in annual earnings

Vancouver-headquartered Telus Corp. (TSX:T) reported a 45% decline in fourth quarter net profit although operating revenues declined only slightly to $2.44 billion.

Deloitte to provide case management system for province's social services programs

Victoria has entered into a six-year agreement with Deloitte Inc. to develop a new computer-based integrated case management system to help deliver major social services programs.

Silver Wheaton acquires Arizona production

Vancouver's Silver Wheaton Corp. (TSX:SLW) plans to acquire all the silver and gold production from Augusta Resource Corp.'s Rosemont copper project in Arizona.

B.C. home sales retreat from December high

B.C.'s residential housing market recovered from last January's decade low, but retreated from December's roaring market, according to data released Thursday by the B.C. Real Estate Association.

Canadian retirees more likely than Americans to live out expected retirement

Retired Canadians are living a far more comfortable retirement than their American counterparts, according to a North American study by TD Canada Trust.

B.C. environmentalists campaign against claim of "sustainable" Fraser River sockeye salmon fishery

A coalition of B.C. conservationists has filed a formal objection with the U.K.-based Marine Stewardship Council, which intends to brand the Fraser River sockeye salmon fishery as a sustainable source of seafood.

Richmond helicopter firm wins major U.K. contract

A consortium that includes Richmond-based CHC Helicopters, has won a 25-year contract to provide comprehensive search and rescue services to the U.K. government.

Olympic venue owner continues asset sell-off

Vancouver-based Intrawest ULC.

B.C. resale housing market decline predicted for 2011

The HST and higher interest rates forecast by the middle of 2010 are expected to push the resale housing market downward in 2011, according to the forecast by the Canadian Real Estate Association. The association forecasts B.C.