Premier Applauds Progress on Kitimat Project: LNG Canada

 May 17, 2012 /  Darryl Schmidt /  BC, Business, Politics /  No Comments

TOKYO, JAPAN – While on her second Jobs and Trade Mission, Premier Christy Clark took time today to applaud the continued progress of the liquefied natural gas (LNG) export facility near Kitimat, LNG Canada. Shell Canada Limited, Korea Gas Corporation (KOGAS), Mitsubishi Corporation and PetroChina Company Limited announced today that they are jointly developing LNG Canada. Two LNG processing units near Kitimat are proposed, each with the capacity to produce six million tonnes of LNG annually. “W …


"Don't Pay For Year": What Consumers Should Know

 May 11, 2012 /  Darryl Schmidt /  Business, General /  No Comments

Have you been tempted by offers to not pay for an item for a year? Perhaps you thought that if you purchased it on credit you wouldn’t have to pay interest for a whole year. It can sound like a great deal but it’s important to make an informed decision. Buying items on credit allows you to purchase an item now and pay for it in the future.  Remember though that, you are paying for the privilege of borrowing somebody else’s money. The result can be that items purchased on credit can end up costin …


B.C.'s responsible resource growth to help Canada maintain its reign as a global mining powerhouse

 May 11, 2012 /  Darryl Schmidt /  BC, Business /  No Comments

Kamloops region is particularly poised for growth from new projects and expansions KAMLOOPS, BC, May 10, 2012 /CNW/ – British Columbia’s robust and responsible resource sector will help propel the $140 billion in new mining investment expected across Canada over the next five years, says the Mining Association of Canada (MAC). MAC estimates that B.C. has the potential to see more than $30 billion in investment from 30 projects over the next 10 years. “As the third-largest mining jurisdiction in …


Powerful job search tool a B.C. first

 May 9, 2012 /  Darryl Schmidt /  BC, Business /  No Comments

VICTORIA – A new, powerful job-search tool is now available to make it easier for British Columbians to find jobs, making the WorkBC website an even more valuable resource for those searching for work in our province, announced Minister of Jobs, Tourism and Innovation Pat Bell while touring a WorkBC Employment Services Centre in Victoria. B.C. is a leader in using new job-search capabilities that provide job seekers with a single portal to access job postings that are available within the provin …


Parking Solutions Open House

 May 9, 2012 /  Darryl Schmidt /  Business, Kamloops /  No Comments

The KCBIA’s Business Development Committee’s Parking Solutions Group is inviting all business and property owners, stakeholders, and members of our Downtown business community to their Open House to take a look at the Long & Short Term Parking Solutions that have been working on. They would like input and suggestions before they take their report to City Council. The Open House is Wednesday, May 16, 5pm to 7pm at the Commodore Grand Cafe & Lounge, 369 Victoria Street. For further informa …


Abacus Announces Resignation of Andrew Pooler

 May 7, 2012 /  Darryl Schmidt /  BC, Business, Kamloops /  No Comments

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/03/12 — Abacus Mining & Exploration Corporation (TSX VENTURE:AME) (“Abacus” or the “Company”) announced today that its Board of Directors has accepted the resignation of Andrew F. Pooler as Executive Vice President and Chief Operating Officer. Mr. Pooler is resigning to pursue other opportunities. On behalf of the Board of Directors of Abacus, Jim Excell, President & CEO commented, “Andy’s foresight and leadership since the Ajax Project’ …


Attention: All small business-friendly communities

 May 7, 2012 /  Darryl Schmidt /  BC, Business /  No Comments

VICTORIA – Eight communities who champion small businesses will be celebrated for the second annual provincewide B.C.’s Most Small Business Friendly Community Award. The deadline for submissions is Saturday, June 30, 2012. Applications for the award will be evaluated based on the following achievements: Reducing regulatory barriers. Enhancing small business competitiveness. Recognizing small business’ contribution to their community. Supporting climate action initiatives, which benefit small bus …


Portfolio manager agrees to pay $90,000 for gross negligence

 May 5, 2012 /  Darryl Schmidt /  Business /  No Comments

Vancouver – As part of a settlement agreement with the British Columbia Securities Commission, Genus Capital Management Inc. has agreed to pay $90,000 to the Commission for failing to file exempt distribution reports and for failing to keep updated written compliance policies and procedures in place. The agreement states that Genus, a portfolio manager registered in British Columbia, failed to heed repeated guidance from BCSC staff concerning the regulatory implications that that would flow from …


Retailers cry enough as B.C.’s minimum hourly wage hits $10.25

 May 4, 2012 /  Darryl Schmidt /  Business, News /  No Comments

With B.C.’s minimum wage currently at $10.25 an hour — the highest in Canada — some industry leaders are saying: “Enough.” Small business owners are already feeling the pinch of the most recent wage hike, which came into effect Tuesday. “It’s a big increase from what it was, and so suddenly,” said Shir Ben-Schlomo, owner of Trees Organic Coffee in Gastown. “It’s a big shock to the system.” Ben-Schlomo is already grappling with the increased price of dairy and the soaring cost of coffee beans, an …


CBC TV: The BIG Decision

 May 3, 2012 /  Darryl Schmidt /  Business /  No Comments

The producers of CBC’s hit show Dragons’ Den are looking for Canadian companies to participate in the second season of the reality business show The Big Decision. The BIG Decision matches struggling Canadian businesses with top investors. Click here for more details. In the wake of a destructive recession, companies across the country have been faced with BIG challenges. A high dollar, a volatile economy and a severe credit crunch have left business owners struggling to keep their companies and …



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