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Kelowna's Paragon Pharmacies Ltd. (TSX-V:PGN) has acquired a Kelowna competitor for $5.7 million. The deal involves Catalyst Healthcare Ltd.

Vancouver's Western Canadian Coal Corp. (TSX:WTN) has completed a $40 million private placement of convertible debentures with a group of investors.

Two Chinese mining companies are set to snap up Vancouver's Northern Peru Copper (TSX:NOC)for $455 million in cash. China Minmetals Nonferrous Metals Co. Ltd. and Jiangxi Copper Company Ltd. are offering $13.75 per share for Northern Peru.

Business flights and hotel rates are projected to rise in 2008 along with energy costs and business travel demand, according to a new American Express survey.

Richmond's MacDonald, Dettwiler and Associates (TSX:MDA) has bought Pasadena, California-based Alliance Spacesystems LLC for an undisclosed sum. Alliance provides U.S.

At 2.1%, downtown Vancouver will have the lowest office vacancy rate in Canada next year, according to Cushman & Wakefield LePage's 2008 Outlook.

Vancouver-headquartered Teekay Corp. (NYSE:TK) is launching an initial public offering of 10 million shares for its Teekay Tankers Ltd. subsidiary.

Vancouver's NovaGold Resources Inc. (TSX:NG) has settled its lawsuits with Barrick Gold and completed several transactions with Barrick to develop the Donlin Creek gold project in southwestern Alaska.

Despite declines in the province's export-based industries, B.C.'s domestic economy remains strong with employment gains and strong retail sales and housing starts, according to B.C.'s second quarterly report for 2007/08.

In a bid to boost mine production by 30%, Goldcorp Inc. (TSX:G)(NYSE:GG) has reforecast capital costs at its Penasquito project in Mexico to total $1.49 billion, a 69% increase from a June 2006 forecast.