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A streamlining of the permitting process for small-scale salvagers of dead logs or dying trees is expected to cut processing times, according to the Ministry of Forests and Range.

Vancouver-headquartered Ivanhoe Energy Inc. (TSX:IE) has acquired the rights to develop oil and gas in a 16,800-square-kilometre area in Mongolia. Sunwing Energy Ltd.

Commodities rallied in October after falling in September, according to Scotiabank's commodity price index. The index rose 6.8% month-over-month in October, rising 11.4% from its cyclical low in April. Oil and gas prices rose 20.

Burnaby-based WebTech Wireless Inc. (TSX:WEW) has cut more than 10% of its full-time staff in an effort to reduce costs and bring the company closer to profitability.

Victoria is estimating a further decline in tax revenue for the year, which will be offset by further cost reductions and cutting in half the province's forecast allowance, according to the Ministry of Finance's second quarterly report.

Victoria is implementing new regulations requiring all facilities in B.C. that emit more than 10,000 tonnes of greenhouse gas emissions per year to publicly report their emissions.

Credit 1 Credit Union, the provider of wholesale services to credit unions in B.C. and Ontario, reported a stronger third quarter in 2009.

B.C.'s major projects inventory reported an 8% increase in the total value of construction projects planned or underway in the province during the third quarter of 2009. Compiled by Jackie Hamilton & Associates Ltd.

While the vast majority of Canadian workers are doing their holiday shopping on their own time, nearly a third of Canadians are doing some of their online shopping at work, according to an Angus Reid public opinion survey conducted for Accountemps.

Canadian online shoppers plan to spend the same amount this holiday season as last year despite the recession, according to a survey by Visa Canada. About 75% of online purchasers plan to spend an average $225.50 this year.