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More 2012 federal budget highlights…

More 2012 federal budget highlights…

Other 2012 federal budget highlights announced today include the following: The age of eligibility for Canadians to receive their old-age security pension has been increased to 67, from 65, starting in 2023.
Budget to eliminate the penny

Budget to eliminate the penny

The federal government’s just-announced budget will eliminate the penny, arguing that the coin has become an economic burden to the country and a nuisance to consumers. The government currently spends 1.
Province pitches new energy bill as way to save business costs

Province pitches new energy bill as way to save business costs

The provincial government is pitching Bill 32, the Energy and Water Efficiency Act, as a way to lower B.C. businesses’ operating costs. The bill, which was introduced Wednesday, replaces the Energy Efficiency Act.
Corporate Canada riding high: CIBC

Corporate Canada riding high: CIBC

Corporate Canada is in better shape than it was before the recession and posting the strongest corporate performance since at least 1990, according to a CIBC World Markets Inc. report .
First West assets grew 7.4% in 2011

First West assets grew 7.4% in 2011

Langley-based First West Credit Union has announced asset growth of 7.4% to $4.74 billion in 2011. First West, B.C.
Manna Ponzi scheme mastermind arrested

Manna Ponzi scheme mastermind arrested

Hal (Mick) McLeod , mastermind of the multimillion-dollar Manna Ponzi scheme, was arrested earlier this month by the BC Securities Commission (BCSC), which is issuing a warning against giving McLeod money.
Vancouver GDP growth to slow in 2012, recover in 2013

Vancouver GDP growth to slow in 2012, recover in 2013

Vancouver’s growth in GDP is expected to level off this year, partly due to government restraint, but will be offset by strong job growth and a booming mining sector, which is expected to help boost GDP to 3.

Merck withdrawal triggers Cardiome stock shock

Cardiome Pharma Corp. (TSX:COM) lost more than half its stock value in a single day with the announcement that Merck is pulling out of an agreement to take Vernakalant, an oral version of the company's heart drug, through clinical trials.
Cattle farms welcome beefed-up projects

Cattle farms welcome beefed-up projects

Federal-provincial investments pay for consumer education and improved market information for producers
Hurray for Bollywood

Hurray for Bollywood

Surrey bid to become an India film centre could prove a tough audition