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Japan's Mitsubishi Materials Corp. has acquired a 25% stake in a B.C. copper project under development by Vancouver's Copper Mountain Mining Corp. (TSX:CUM). In addition to paying $28.

B.C.'s economy is expected to outperform the national average in 2010 with growth rebounding 2.7% after a 2% contraction this year, according to Scotia Economics' provincial trends report released Thursday.

Lower methanol pries and sales in the second quarter helped push Vancouver-based Methanex Corp. (TSX:MX) into the red for a third consecutive quarter. Sales in the second quarter ending June 30, 2009 fell 59.1% to $245.5 million from $600.

After the initial shock of the global financial crisis and its impact on people's portfolios, Canadian investors are now taking a closer look at their financial plans, according to a Scotiabank survey released Wednesday.

The recession has led Canadian businesses to invest less this year than originally planned, according to Statistics Canada's updated capital expenditures survey released Tuesday. Total capital spending intentions fell 4.

Despite global concerns over the H1N1 virus, the vast majority of Canadian small business owners don't have a health-related contingency plan, according to a BMO Bank of Montreal survey.

Vancouver's Western Canadian Coal Corp. (TSX:WTN) has raised $52.1 million in a bought deal financing with a syndicate of investment dealers. Cormark Securities Inc., GMP Securites LP, Canaccord Capital Corp. and Salman Partners Inc.

Vancouver's Selkirk Metals Corp. (TSX-V:SLK) plans to merge with Vancouver-based Imperial Metals Corp. (TSX:III) in a cash and share deal worth approximately $10.4 million.

The average price of 32 of Canada's major commodities continued to rise in June, up 5.1% between May and June, according to Scotiabank's commodity price index. All major sub-sectors within the index were higher. The index has risen 7.

British Columbia plans to harmonize its provincial sales tax with the federal goods and services tax (GST) effective July 1, 2010, to boost new business investment, improve productivity, stimulate economic growth and create jobs.