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Farm prices decline 5% in June: Statistics Canada

Prices Canadian farmers received for their commodities fell for a second straight month, falling 5% in June after a 0.5% decline in May, according to Statistics Canada data released Thursday.

Job security growing as recession recedes, HR survey finds

Nearly half of Canadians feel more secure about their jobs now than a year ago, according to a Monster.

Canadian small and medium-sized businesses key to job creation, Scotiabank reports

With slower economic growth expected among developed countries over the next few years, Canadian small and medium-sized businesses will become key job creators, according to Scotia Economics.

CFIB survey finds B.C. business optimism about the economy rising

B.C. businesses are more optimistic about the future of the economy, according to the latest Canadian Federation of Independent Business survey. The business barometer index for B.C. rose in August after falling slightly in July. About 44% of B.C.

BC Liberal budget forecasts $5.4 billion deficit out to 2012

B.C.'s coffers have been bled dry by massive drops in personal income taxes and natural resource revenue. The province is forecasting a $2.8 billion deficit in 2009/10 compared with the $495 million deficit it had forecast last February.

Vancouver geothermal firm boosts stake in Icelandic energy company

Vancouver-headquartered Magma Energy Corp. (TSX:MXY) plans to increase its stake in an Icelandic geothermal company for approximately US$29.5 million. Magma has signed an agreement to acquire 32.

Statistics Canada reports Canadians cut back on eating out in June

Canadians spent less eating out in June with total food sales in Canada falling 1.3% in June, according to Statistics Canada data released Monday. Total sales fell to $3.98 billion from $4 billion due primarily to a 3.

B.C. parents spending less on back-to-school shopping: Scotiabank

B.C. parents are expected to spend less than the national average on their children going back to school, according to a Scotiabank study. Parents in B.C.

Toronto mining company acquires Vancouver gold exploration firm

Vancouver's West Timmins Mining Inc. (TSX:WTM) has agreed to be acquired by Toronto-based Lake Shore Gold Corp. (TSX:LSG) in an all-share deal worth approximately $319 million.

Export credit agency inks financing deal with Hong Kong gas company

Export Development Canada has signed a US$30 million line of credit with Hong Kong's China Gas Holdings Ltd., its first commercial financing with a Chinese buyer of Canadian exports.