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Ainsworth Lumber revenue drops 34% in 2007 as OSB sales hit hard by embattled U.S. housing market

Ainsworth Lumber Co. Ltd. (TSX:ANS) reported heavy losses in 2007. The Vancouver company's annual revenue fell 34% to $544.2 million compared with $827.1 million in 2006. Its net loss doubled to $216.
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BMO Financial Group report predicts slower growth for B.C. in 2008

B.C.'s economy will weather the continued decline in the province's forestry sector with strong consumer spending and construction activity, according to a BMO Financial Group provincial economics report.
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Expenses from Robert Bosch's acquisition of Extreme CCTV push surveillance camera manufacturer into

Burnaby's Extreme CCTV Inc. (TSX:EXC) reported its first quarterly loss in over two years due to costs associated with the surveillance camera manufacturer's sale to Robert Bosch GmbH.
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Vancouver gold mining giant to fund future construction from sale of Silver Wheaton shares

Goldcorp Inc. (TSX:G) has sold its $1.6 billion stake in Silver Wheaton Corp. (TSX:SLW). The Vancouver gold miner completed its secondary offering of 108 million Silver Wheaton shares receiving $14.50 per share.
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Consumer confidence in Canada suffers its third consecutive month

Consumer expectations about the economy, household income and employment fell in February to an index value of 97.9, down from 98.5 in January and 100.4 in December, according to the latest consumer confidence index by TNS Canadian Facts.
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Lower demand and higher dollar steer Pacific Insight Electronics into the red

Nelson-based Pacific Insight Electronics Corp. (TSX:PIH) reported a 26% drop in sales leading to a net loss for its second quarter ending December 31, 2007. Lower demand for heavy trucks in the U.S.
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Indonesian pulp giant snaps up two more B.C. mills from Pope and Talbot

Pope and Talbot Inc. has sold another two B.C. sawmills to Indonesia's Sinar Mas Group (SMG) for US$6.8 million. The Oregon-based company will receive US$6 million and US$750,000, respectively, from the sale of its Fort St. James and Midway sawmills.
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Computer systems maker reports improved second-quarter results

Vancouver's Versatile Systems Inc. (TSX-V:VV) reported an 8.1% increase in quarterly revenue and net profits of more than a half million dollars for its second quarter ending December 31, 2007.
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Growing sales boost Boston Pizza's 2007 revenue

Revenue for Boston Pizza Royalties Income Fund (TSX:BPF.UN) rose 20.4% in 2007 on the strength of same-store sales growth. Sales increased to $755.5 million for the year ending December 31, 2007, compared with $646.2 million in 2006. A 5.
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Catalyst Paper to acquire Arizona mill from AbitibiBowater

Richmond-based Catalyst Paper Corp. (TSX:CTL) plans to acquire an Arizona recycled paper mill from AbitibiBowater for US$161 million.
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