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Survey finds Canadian small businesses investing to sharpen competitive edge

Even though most Canadian small businesses are suffering declines because of the recession, owners are investing in their businesses rather than simply waiting out the downturn, according to a new American Express survey.

New immigrants driving housing demand, Scotia Economics reports

Canadian immigrants are narrowing the homeownership gap with their Canadian-born counterparts, according to the latest real estate trends report released Thursday by Scotia Economics.

Watson Wyatt survey finds Canadian pension plan solvency still at risk

The solvency of Canadian defined benefit (DB) pension plans has improved since its mid-February low, but the plans are still at risk, according to a Watson Wyatt Worldwide study.

Vancouver wind energy firm to secure $200 million financing for California project

Vancouver's Western Wind Energy Corp. (TSX-V:WND) has engaged the Manufacturers Life Insurance Company to arrange up to $200 million in senior secured project financing for its 120-megawatt California wind project.

Royal LePage survey says Metro Vancouver housing market stabilizing

Metro Vancouver's residential real estate market stabilized in 2009's second quarter and is expected to climb by the end of the year, according to a new Royal LePage Real Estate Services survey.

Statistics Canada reports jump in B.C. building permit values in May

B.C. was among the majority of provinces that reported double-digit increases in the value of building permits issued in May, according to Statistics Canada data released Tuesday. The value of B.C. building permits rose 26.4% to $477.

New railways deal helps Teck save $70 million in 2009 coal transportation costs

Vancouver's Teck Resources Ltd. (TSX:TCK.B) expects to save $70 million in coal transportation costs after completion of a statutory rail rate arbitration with Canadian Pacific Railway.

Two Vancouver mining firms to jointly develop B.C. copper and molybdenum project

Amarc Resources Ltd. (TSX-V:AHR) and Falkirk Resources Corp. (TSX-V:FLK) have signed an option and joint venture agreement to develop Amarc's Big Time copper and molybdenum project in north-central B.C.

Chinese investment fund takes $1.74 billion stake in Teck Resources

A sovereign wealth fund of the People's Republic of China has invested $1.74 million into Vancouver's Teck Resources Ltd. (TSX.TCK.B). As part of the deal, a subsidiary of China Investment Corp.

Equifax report Vancouver credit payment delinquency rising fastest in Western Canada

Credit card payment delinquencies rose the fastest in Western Canada in the past year, according to data released Friday by Equifax Canada. On a yearly basis, the average delinquency rates rose 27% in B.C.