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Hardwoods to acquire Frank Paxton

Langley-based Hardwoods Distribution Inc . (TSX: HWD) this morning announced a deal to acquire the business operations of Cincinnati, Ohio-based Frank Paxton Lumber Co. LLC for approximately US$13 million.

The PEAK, Co-op Radio plan to switch signals

A $1.437 million signal-switching deal will see the Jim Pattison Broadcast Group ’s the PEAK radio station acquire a stronger radio signal from Vancouver Co-operative Radio .

RBC lowers B.C. growth forecast

RBC is forecasting that B.C. will grow by only 2.1% in 2011 – a reduction from the bank’s earlier forecast of 2.6%.

Local HR startup receives funding

Vancouver-based Visier Analytics announced Friday that it had closed a US$6 million round of financing led by Foundation Capital.

August Vancouver housing starts on par with 2010

Vancouver Census Metropolitan Area (CMA) housing starts dropped 1% to 1,467 from 1,488 in August, year over year, according to data released this morning by the Canada Mortgage and Housing Corp . (CMHC).

Vancouver salaries projected to rise

Vancouver salaries are projected to rise 3.3% in 2012, up slightly from this year’s increase of 3%, according to survey information released this morning by human resources consulting business Aon Corp . (NYSE:AON).

Local First Nations tech team wins international award

A B.C First Nations multimedia team that developed an interactive training tool created to support operators of small community water systems has been recognized with an award at the Serious Games Conference in Washington state.

Twelve startups accepted into accelerator program

Twelve B.C. entrepreneurs have been accepted into Wavefront’s entrepreneurship@Wavefront accelerator program.

Strong strike mandate for Island workers

CUPE members working for the City of Campbell River voted 88.3% in favour of strike action yesterday. The workers have been without a contract since December 31, 2009.

B.C.’s employment in August on par with 2010

B.C.’s employment level slipped 0.3% in August relative to the previous month, but was consistent with last August’s level, according to numbers released this morning by Statistics Canada .