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Vancouver's Coast Wholesale Appliances Income Fund (TSX:CWA.UN) plans to buy the assets and business of Ontario-based Morley's Appliance Centre for an undisclosed sum. The move is the income trust's first foray into the Ontario market.

ARC Energy Trust (TSX: AET.UN, ARX) said it will spend $585 million next year in part to accelerate development plans for its B.C. natural gas assets.

Canfor Corp. (TSX:CFP) reported a net loss of $94.2 million ($0.66 per share) for 2008's third quarter after facing major challenges on a number of fronts.

Vancouver's Canaccord Capital Inc. (TSX:CCI) plans to layoff approximately 10% of its staff globally as part of its corporate restructuring. Senior executives of the investment dealer will also have their salaries cut 10% to 20%.

The optimism of Canada's small businesses is beginning to wane as massive shifts in commodity prices and exchange rates begin to rattle the economy.

Despite the continuing financial turmoil and economic downturn, Canadians are still intent on renovating their homes, according to RBC's fifth annual renovation survey.

Vancouver's Urban Communications Inc. (TSX-V:UBN) has completed its acquisition of Connect West Networks Ltd., the Internet service provider for 1,850 student residences at Simon Fraser University's Burnaby campus.

For a second consecutive month, Scotiabank's Commodity Price Index declined month-over-month by 6.8%. The index, which measures price trends in 32 of Canada's major exports, is still 24.5% higher than prices a year ago in September 2007.

Vancouver's Genco Resources Ltd. (TSX:GGC) has had to suspend work at its La Guitarra mine in Mexico because employees of SIMSA, its mining contractor, walked off the job.

The province is providing $1 million to fund pilot projects in Vancouver, Surrey and Kelowna to see if expanded use of closed-circuit TV cameras will help reduce crime in high crime areas.