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$290 million to be invested in infrastructure improvements for B.C. communities

The federal government and Victoria are partnering to provide $290 million worth of infrastructure projects across the province as part of its plan to stimulate the B.C. economy.

Angus Reid survey finds majority of Canadian small businesses still confident

Canadian small businesses remain more confident about their own operations than they do in the Canadian economy, according to a recent Angus Reid Strategies survey conducted for Staples Canada.

Teck to sell interest in gold mine for US$270 million to help pay down debt

Vancouver's Teck Cominco Ltd. (TSX:TCK.B) is selling its stake in a Chilean gold project in a cash and share deal worth about US$300 million.

Province to investigate the development of forest-based carbon offsets

The Pacific Carbon Trust, a provincial crown corporation established as part of B.C.'s Climate Action Plan, is examining the viability of developing forest-based carbon offsets.

West Fraser expands production shutdowns at the Vancouver company's U.S. mills

Starting next week, Vancouver's West Fraser Timber Co. Ltd. (TSX:WFT) plans to cut production at three of its U.S. mills. Production at its mill in Leola, Arkansas; Whitehouse, Florida; and Maplesville, Alabama, will be shutdown for two weeks.

Fraud and managing IT risks among top concerns for internal auditor, survey says

With a challenging global economic environment, fraud and risks associated with a company's information technology are among the top concerns of internal auditors, according to the latest survey from global consulting firm Protiviti.

Canada Revenue Agency issues warning about investing in unregistered tax shelters

"Come to us before we come to you." That's the message from the Canada Revenue Agency warning taxpayers about investing in unregistered tax shelters that provide inflated or unsubstantiated tax losses or deductions.

Financing charges and write-down push Delta aerospace company deeper into the red

Delta-based Avcorp Industries Inc. (TSX:AVP) posted a 16.8% revenue increase in 2008, but asset write-downs and higher financing charges pushed the company deeper into the red. Revenue for the year ending December 31, 2008, rose to $128.

Province to spend $11.5 million to widen highway in Kelowna

Victoria is partnering with the City of Kelowna to widen a busy 4.2-kilometre stretch of Highway 33 in the Okanagan city. The province is providing $11.5 million for the $23.

NGRAIN to provide training simulator software to U.S. Marine Corps

Vancouver's NGRAIN, a developer of interactive 3D simulation systems, has signed a contract to provide virtual training software for the U.S. Marine Corps for an undisclosed sum.