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Vancity closes sale of investment fund

Vancity, Canada's largest credit union, has closed the sale of assets relating to Inhance Investment Management Inc.'s socially responsible investment mutual fund business.

Provincial economy expected to grow faster in 2010: BC Economic Forecast Council

The B.C. Economic Forecast Council has improved its growth projections for B.C.'s economy in 2010 due to increases in housing starts and recent improvements in the mineral resources sector and commodity markets.

CanWel to acquire competing building materials supplier

Vancouver's CanWel Building Materials Income Fund (TSX:CWX.UN) plans to acquire Vancouver-headquartered Broadleaf Logistics Company in a cash and share deal following its conversion back into a dividend-paying corporation.

B.C. employment quality falls in November: StatsCan

B.C.'s unemployment rate stayed flat with little change in total employment in November, according to Statistics Canada labour force data released Friday. The province's unemployment rate stayed at 8.3%, below the national average which fell to 8.

Olympics provided "modest benefits" following bid win: UBC report

Metro Vancouver began to see "modest benefits" after winning the bid for the 2010 Winter Olympic and Paralympic Games, according to the Olympic Games Impact Pre-Games Report produced by the University of British Columbia.

Majority favour exempting restaurants from HST: BC Restaurants and Foodservice Association

British Columbians support ways to mitigate the impact of the HST on the province's restaurant and food services sector, according to a new poll by the B.C. Restaurants and Foodservices Association.

Vancouver investment fund acquiring Toronto asset management firm

Vancouver-based Maxam Capital Corp. plans to acquire Toronto's C.A. Bancorp Inc. (TSX:BKP) in an all-cash offer worth approximately $32.6 million.

Goldcorp to sell interest in Mexican gold project

Vancouver's Goldcorp Inc. (TSX:G) plans to sell its minority interest in the Morelos gold project in Mexico for US$52 million. Goldcorp subsidiary Desarrollos Mineros San Luis SA de CV plans to sell its 21.

B.C. small business confidence among highest in Canada: CFIB

Small businesses in B.C. were among the most confident about their business performance for the coming year, according to November's business barometer index by the Canadian Federation of Independent Business. B.C.

Economic concerns in B.C. hurt holiday spending: RBC

Concern that the province's economy is worse now than it was three months ago is expected to reduce British Columbians' spending this holiday season, according to a new RBC index. The RBC Canadian consumer outlook index found that B.C.