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Vancouver gold exploration company snaps up Aurora Energy in $82 million deal

Fronteer Development Group Inc. (TSX:FRG) has acquired most of the shares of Vancouver's Aurora Energy Resources (TSX:AXU) in an all-share deal worth approximately $82.1 million.

Western Canadians most likely to save tax refunds or use them to pay down debt

A new Scotiabank survey suggests that British Columbians will be the Canadians most likely to save the tax refund they expect to receive this year. About a third of British Columbians surveyed said they planned to deposit or reinvest their refund.

Victoria sets deadline for licensing payday lenders in British Columbia

Roughly 300 payday lenders in the province have until November 1 to become licensed to stay in business.

Pessimism growing among Canadian manufacturers, association survey finds

Canadian manufacturers and exporters are growing increasingly pessimistic about their future, according to a new business conditions Canadian Manufacturers and Exporters association survey.

Labour strike pushes B.C. juice producer into the red

Kelowna-based fruit juice maker Sun-Rype Products Ltd. (TSX:SRF) rang up a loss for the year because of a labour dispute that didn't end until February 2008. Net sales fell 7.2% to $125.4 million from $135.1 million in 2007.

Survey finds job security to be a growing concern among Canadians as recession deepens

A new Edward Jones survey has found that, as the recession continues, more Canadians are worrying about their immediate employment prospects than their retirement. About 32% of Canadians were concerned about their job security.

Middle and high-income households opening tax-free savings accounts, TNS poll says

Canadians are tapping into the new tax-free savings account (TFSA), but some question the wisdom of introducing it during a recession, according to a new survey by TNS Canadian Facts.

Catalyst to lay off more than 700 employees as the company cuts more paper production

Faced with an unprecedented decline in North American paper demand, Richmond-based Catalyst Paper (TSX:CTL) is laying off 725 employees at two of its paper plants in B.C.

Capital investment expected to fall in B.C., Statistics Canada survey says

The global economic downturn is projected to cut private-sector capital spending in B.C. this year by roughly 10% to $27.9 billion.

Boston Pizza completes buyback aimed at increasing value of income fund units

Richmond-based Boston Pizza Royalties Income Fund (TSX:BPF.UN) has spent $11.4 million to buy and cancel 1.3 million units. About 8.