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Canfor Pulp posts first-quarter loss as demand for paper continues to drop in the U.S.

Falling U.S. pulp and paper demand continued to erode first-quarter revenue and earnings for Canfor Pulp LP, which is 49.8% owned by Canfor Pulp Income Fund (TSX:CFX.UN) First-quarter sales for the period ending March 31, 2009, fell 11.9% to $186.

Abbotsford to be home to farm team for the NHL's Calgary Flames

The Calgary Flames American Hockey League affiliate team will be calling Abbotsford home, local ownership spokesman Lane Sweeting announced Tuesday.

BC Innovation Council competition aims to spark innovation in agricultural technology

The BC Innovation Council has launched a competition to develop new technologies for B.C.'s agri-food sector. The commercialization of agricultural technology competition is part of the council's $1.

Statistics Canada reports finds production continues to fall in B.C.'s forestry sector

B.C. sawmills production continues to decline, according to data released by Statistics Canada Monday . It fell 38.8% in February compared with production in the same period a year ago. Production cuts at coastal sawmills dropped 48.

Canadians concerned over financial health of their parents, Russell Investment survey says

Canadians aged 25 to 44 are growing more concerned about the financial health of their parents, according to Russell Investments' financial health index.

Investment industry executive calls for cuts in Canada's capital gains tax

The federal government should reduce the capital gains tax to spur investment into the capital markets, according to Ian Russell, president and CEO of the Investment Industry Association of Canada.

BC Securities Commission issues warning about real estate-based securities

With turmoil ravaging the North American real estate market, the BC Securities Commission and the Alberta Securities Commission are warning investors to do their homework before investing in real estate-based securities being offering by private comp

B.C. retail sales decline in February, Statistics Canada reports

B.C.'s retail sales increased 3.1% in January but fell 1.3% in February, according to data released from Statistics Canada Thursday. Retail sales fell to $4.33 billion from $4.38 billion, a 9.1% drop compared with sales in February 2008. The 1.

Success of rural Western Canada key to economic growth, Canada West Foundation projects

The four western provinces in Canada are projected to be the strongest economic performers over the next decade, according to the latest Canada West Foundation report.

American Express report finds Canadian small business owners still confident despite recession

Roughly 70% of small business owners say they're confident that their business will improve in the next six months, according to the latest American Express small business report.