Talk about getting your money back. The Minister of Finance said Chrysler Group LLC has repaid $1.7 billion in outstanding Canadian government loans following the completion of new refinancing transactions. In 2009, during the depths of the global economic downturn, the Government of Canada and the Government of Ontario provided $1.7 billion in loans payable to Chrysler […]

Talk about dangling the carrot. The Province is proposing to reduce the total HST rate to 10 per cent from 12 per cent in two stages, cutting the provincial portion by one percentage point to six per cent from seven per cent on July 1, 2012, and a further one percentage point reduction would take […]

The growing interest in small-scale bioenergy projects in the Kootenays will be the highlight of a two-day workshop next month in Cranbrook. Hosted by the Rocky Mountain Trench Natural Resources Society (Trench Society), the intensive, hands-on workshop (June 13-14) is aimed at individuals and organizations currently at the planning stages of setting up wood biomass […]

British Columbia’s exports are forecast to increase 16 per cent this year and 11 per cent in 2012, according to a Global Export Forecast by Export Development Canada (EDC). “British Columbia’s exports will continue to expand at a double-digit pace through 2012, the only province to hit this mark, thanks to a resurgence in the […]

Reputations: One needs look no further than the recent oil spills, tainted-food recalls and financial industry scandals to realize that in business today, they mean everything to corporations. Canadian Business magazine has teamed with the Reputation Institute to assess the reputations of 50 of Canada’s biggest companies who deal directly with consumers or have a […]

 On May 18th, a sunny Wednesday morning, supporters of peoples affected by Goldcorp’s mining operations in Latin America held a vibrant demonstration addressing Goldcorp’s Annual General Meeting (AGM), taking place at the heart of Vancouver’s business sector. Demonstrators rallied outside the Pan Pacific Hotel, where the shareholders’ meeting took place.  “We ask and demand that […]

Next Thursday, the Lower Columbia Initiative Corporation (LCIC), in partnership with the Rossland Chamber of Commerce and Rossland’s Sustainability Commission’s Economic Task Force, will be holding an information session at the Prestige Inn, right here in Rossland. Sandy Santori says that the information session is “an...

The Insurance Corporation of British Columbia has withdrawn its rate-restructuring proposal to raise insurance rates of drivers who get a speeding ticket or other moving violations. The move followed a meeting Monday with the Minister of Public Safety and Solicitor General Shirley Bond, who stated that ICBC has been instructed to ensure it applies a […]

The financial piper will be paid by Trail’s Teck Metals Inc. for two chemical spills into local waterways the company was found at fault for in 2010. Teck will pay $325,000 for depositing mercury into the Columbia River, and allowing a leachate to overflow into Stoney Creek. In consultation with Teck, a decision was made […]

Gas prices in Canada are soaring even though the price of oil is well below recent highs.  In order to help Canadians know what they should be paying for gas, the CCPA  developed an online gasoline price gouge meter using calculations by Hugh Mackenzie, based on his 2007 analysis, Gas Price Gouge: The Sequel. According to Hugh’s […]