The US online advertising market is poised for rapid growth this year, with spending expected to exceed $31 billion, according to a new forecast by eMarketer. The firm estimates online advertising spending in the US will grow 20.2% to $31.3 billion in 2011, up from $26 billion in 2010, when the market grew 14.9%. “The […]

On the Canadian Centre for Policy Alternatives Behind the Numbers, David Macdonald drew back the curtain on Federal Budget 2011, uncovering a plan to cut the deficit through an unprecedented cut to a third of public service sector jobs. Click here for more. CCPA Senior Economist Armine Yalnizyan, meanwhile, appeared on the CBC’s Lang and […]

B.C.’s new Clean Technology Parliamentary Secretary to the Minister of Energy and Mines, MLA John Yap, will consult with industry on how to improve B.C.’s low carbon fuel requirements. This will help B.C. grow the market for low carbon fuel, creating jobs and opportunities throughout the province. It is expected the province will become more […]

Teck Resources Limited announced today that Mike Martin will retire from his role as General Manager Trail Operations. Mr. Martin will transition from his General Manager role beginning July 1, 2011. “Mike is retiring 39 years to the day that he joined Teck,” said Don Lindsay, President and CEO. “Mike is a highly respected operator […]

The Bank of Canada has held its interest rate at one per cent — impacting rates banks offer to businesses and consumers for borrowing and saving. “The global economic recovery is proceeding broadly as expected,” the bank said in a statement posted on its website Tuesday. Statistics Canada said there was a 3.9 per cent […]

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 […]