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            <![CDATA[ News1130: Recent  Business Articles]]>
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        <ttl>10</ttl>
        <link>http://www.news1130.com/business/rss</link>
        <language>en-us</language>
        <lastBuildDate>Wed, 16 May 2012 12:01:22 -0400</lastBuildDate>
        
        
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                      <title><![CDATA[BC economy predicted to do better in 2013]]></title>
                     <description><![CDATA[The Conference Board of Canada expects BC's economy will expand by 2.4 per cent this year and 3.4 per cent next year. It adds forestry is expected to grow in the near term.]]></description>
                      <link>http://www.news1130.com/business/article/363348--bc-economy-predicted-to-do-better-in-2013</link>
                      <category>News</category>
                      <pubDate>Wed, 16 May 2012 08:40:25 -0400</pubDate>
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                      <title><![CDATA[Vancouver market weighs on national home prices]]></title>
                     <description><![CDATA[A year ago, sales of multi-million dollar homes in Vancouver were skewing the national home price upward. Now, the Canadian Real Estate Association says we're having the opposite effect.]]></description>
                      <link>http://www.news1130.com/business/article/362897--vancouver-market-weighs-on-national-home-prices</link>
                      <category>News</category>
                      <pubDate>Tue, 15 May 2012 08:01:23 -0400</pubDate>
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                      <title><![CDATA[Greek uncertainty to push stocks lower]]></title>
                     <description><![CDATA[The TSX was set to extend a run of losses this morning as talks aimed at forming a new Greek government failed, raising worries the country may have to exit the eurozone.]]></description>
                      <link>http://www.news1130.com/business/article/362391--greek-uncertainty-to-push-stocks-lower</link>
                      <category>News</category>
                      <pubDate>Mon, 14 May 2012 06:52:09 -0400</pubDate>
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                      <title><![CDATA[Vancity urged to dump interests in Enbridge]]></title>
                     <description><![CDATA[Vancouver Island's Forest Action Network warns if the credit union fails to convince the company to back off the proposal for the Northern Gateway pipeline, it will face a huge backlash.]]></description>
                      <link>http://www.news1130.com/business/article/360843--vancity-urged-to-dump-interests-in-enbridge</link>
                      <category>News</category>
                      <pubDate>Wed, 09 May 2012 10:01:48 -0400</pubDate>
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                      <title><![CDATA[BCSC shuts down Burnaby Ponzi]]></title>
                     <description><![CDATA[The BC Securities Commission is accusing Bossteam E-Commerce of securities fraud and illegally distributing securities, saying the company sold two types of securities to BC residents.]]></description>
                      <link>http://www.news1130.com/business/article/358959--bcsc-shuts-down-burnaby-ponzi</link>
                      <category>News</category>
                      <pubDate>Thu, 03 May 2012 20:16:55 -0400</pubDate>
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                      <title><![CDATA[WestJet chooses Bombardier planes for new service]]></title>
                     <description><![CDATA[The Calgary-based airline has selected Bombardier to supply the propeller aircraft it needs for a new regional service. WestJet will take delivery of up to 45 planes over six years.]]></description>
                      <link>http://www.news1130.com/business/article/357813--westjet-chooses-bombardier-planes-for-new-service</link>
                      <category>News</category>
                      <pubDate>Tue, 01 May 2012 09:36:57 -0400</pubDate>
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                      <title><![CDATA[Canada's GDP falls in February]]></title>
                     <description><![CDATA[Statistics Canada says the economy shrank in February, with real gross domestic product declining by 0.2 per cent. Economists had been expecting Canadian GDP would grow by 0.2 per cent.]]></description>
                      <link>http://www.news1130.com/business/article/357304--canada-s-gdp-falls-in-february</link>
                      <category>News</category>
                      <pubDate>Mon, 30 Apr 2012 07:40:40 -0400</pubDate>
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                      <title><![CDATA[Bank of Canada leaves interest rates unchanged]]></title>
                     <description><![CDATA[The Bank of Canada has left the key overnight interest rate unchanged at one per cent, but is signalling the days of super-low borrowing costs are nearing an end.]]></description>
                      <link>http://www.news1130.com/business/article/352702--bank-of-canada-leaves-interest-rates-unchanged</link>
                      <category>News</category>
                      <pubDate>Tue, 17 Apr 2012 11:56:19 -0400</pubDate>
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                      <title><![CDATA[Increasing economic optimism among Canadian business execs]]></title>
                     <description><![CDATA[Bank of Canada survey finds business executives have become significantly more optimistic about Canada's economic landscape and are anticipating a sales boost within the next 12 months.]]></description>
                      <link>http://www.news1130.com/news/national/article/349714--increasing-economic-optimism-among-canadian-business-execs</link>
                      <category>News</category>
                      <pubDate>Mon, 09 Apr 2012 10:37:52 -0400</pubDate>
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                      <title><![CDATA[Unemployment rate falls as 82,300 jobs added in March]]></title>
                     <description><![CDATA[OTTAWA - The Canadian economy began creating jobs again in March -- and in a big way -- with over 82,300 workers joining the labour force, Statistics Canada said Thursday. The outsized gain, almost......]]></description>
                      <link>http://www.news1130.com/news/national/article/348566--unemployment-rate-falls-as-82-300-jobs-added-in-march</link>
                      <category>News</category>
                      <pubDate>Thu, 05 Apr 2012 15:02:53 -0400</pubDate>
                      <guid isPermaLink="false">348566</guid>
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                      <title><![CDATA[Canadians now more in debt than Americans]]></title>
                     <description><![CDATA[According to a new report released by the C.D. Howe Institute, consumer debt levels in Canada are higher than at any point in recent history.]]></description>
                      <link>http://www.news1130.com/business/article/348480--canadians-now-more-in-debt-than-americans</link>
                      <category>News</category>
                      <pubDate>Wed, 04 Apr 2012 19:50:39 -0400</pubDate>
                      <guid isPermaLink="false">348480</guid>
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                      <title><![CDATA[Apparent Ponzi scheme now second-largest in BC history]]></title>
                     <description><![CDATA[Securities regulators accuse a Rashida Samji of running an $83-million Ponzi scheme, taking in more than 200 investors. The former notary public is accused of operating it from 2006 to early 2012.]]></description>
                      <link>http://www.news1130.com/business/article/348294--apparent-ponzi-scheme-now-second-largest-in-bc-history</link>
                      <category>News</category>
                      <pubDate>Wed, 04 Apr 2012 10:15:58 -0400</pubDate>
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                      <title><![CDATA[Overwaitea purchases Bay and Zellers pharmacies]]></title>
                     <description><![CDATA[The food group will take ownership and promises a seamless transition. BC and Alberta are the only provinces affected by the takeover, which will take place at an unspecified time.]]></description>
                      <link>http://www.news1130.com/business/article/346528--overwaitea-purchases-bay-and-zellers-pharmacies</link>
                      <category>News</category>
                      <pubDate>Fri, 30 Mar 2012 10:26:16 -0400</pubDate>
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                      <title><![CDATA[Jim Balsillie resigns from Research In Motion]]></title>
                     <description><![CDATA[RIM says co-founder and former co-CEO Jim Balsillie has resigned from the company's board as the firm reported a loss in its latest quarter, rather than the reduced profit that many had expected.]]></description>
                      <link>http://www.news1130.com/business/article/346390--jim-balsillie-resigns-from-research-in-motion</link>
                      <category>News</category>
                      <pubDate>Fri, 30 Mar 2012 06:44:21 -0400</pubDate>
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                      <title><![CDATA[HootSuite's sweet deal]]></title>
                     <description><![CDATA[The people behind the Vancouver-based dashboard program that manages multiple social media services on a single screen are getting $20 million from the venture-capital unit of OMERS.]]></description>
                      <link>http://www.news1130.com/business/article/346124--hootsuite-s-sweet-deal</link>
                      <category>News</category>
                      <pubDate>Thu, 29 Mar 2012 08:39:33 -0400</pubDate>
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                      <title><![CDATA[Federal budget day in Ottawa]]></title>
                     <description><![CDATA[Federal Finance Minister Jim Flaherty is set to unveil the budget today. It's expected to contain up to $7 billion in cuts. The budget will be tabled at 1 p.m. PDT in the House of Commons.]]></description>
                      <link>http://www.news1130.com/news/national/article/346061--federal-budget-day-in-ottawa</link>
                      <category>News</category>
                      <pubDate>Thu, 29 Mar 2012 06:39:12 -0400</pubDate>
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                      <title><![CDATA[We're the most worried about rising mortgage rates: survey]]></title>
                     <description><![CDATA[Thirty-two percent of poll respondents in BC say they would have trouble affording their homes if their mortgage rate rose two percentage points.]]></description>
                      <link>http://www.news1130.com/business/article/345856--we-re-the-most-worried-about-rising-mortgage-rates-survey</link>
                      <category>News</category>
                      <pubDate>Wed, 28 Mar 2012 12:50:23 -0400</pubDate>
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                      <title><![CDATA[Bell to acquire Astral for $3.38-billion]]></title>
                     <description><![CDATA[BCE Inc. has reached an agreement to buy Astral Media Inc. in a cash-and-stock deal worth $3.38-billion, making it one of the largest media deals in Canadian history. BCE president and CEO George Cope......]]></description>
                      <link>http://www.news1130.com/business/article/341579--bell-to-acquire-astral-for-3-38-billion</link>
                      <category>News</category>
                      <pubDate>Sat, 17 Mar 2012 06:37:56 -0400</pubDate>
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                      <title><![CDATA[Book Warehouse closing after 32 years in Vancouver]]></title>
                     <description><![CDATA[The founder of the iconic discount book store says the leases on all four of his stores are up. He notes the company isn't bankrupt but its employees aren't in a position to buy it out.]]></description>
                      <link>http://www.news1130.com/business/article/341375--book-warehouse-closing-after-32-years-in-vancouver</link>
                      <category>News</category>
                      <pubDate>Thu, 15 Mar 2012 12:20:53 -0400</pubDate>
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                      <title><![CDATA[Apple stock hits $600 (U.S.) per share]]></title>
                     <description><![CDATA[Apple stock has hit $600 (U.S.) per share at the open of trade, Thursday. It's an all-time high for the tech giant. Investors are buying the stock ahead of the release of the new iPad on Friday. The S......]]></description>
                      <link>http://www.news1130.com/business/article/341227--apple-stock-hits-600-u-s-per-share</link>
                      <category>News</category>
                      <pubDate>Thu, 15 Mar 2012 09:40:41 -0400</pubDate>
                      <guid isPermaLink="false">341227</guid>
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                      <title><![CDATA[Float Plane Terminal Operator Sues PAVCO]]></title>
                     <description><![CDATA[The operator of the Vancouver Harbour Flight Centre will sue the BC government for not shutting down a temporary terminal after Harbour Air refused to move into the new centre because of cost.]]></description>
                      <link>http://www.news1130.com/news/local/article/340530--float-plane-terminal-operator-sues-pavco</link>
                      <category>News</category>
                      <pubDate>Tue, 13 Mar 2012 10:08:43 -0400</pubDate>
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                      <title><![CDATA[Canadian employers upbeat about second-quarter hiring: Manpower survey]]></title>
                     <description><![CDATA[Canadian employers expect the hiring climate to remain upbeat in the second quarter, according to the latest Manpower Employment Outlook Survey. In a survey of 1,900 employers, 21 per cent said they......]]></description>
                      <link>http://www.news1130.com/news/national/article/340520--canadian-employers-upbeat-about-second-quarter-hiring-manpower-survey</link>
                      <category>News</category>
                      <pubDate>Tue, 13 Mar 2012 09:53:33 -0400</pubDate>
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                      <title><![CDATA[Unemployment slips to 7.4 per cent in February]]></title>
                     <description><![CDATA[OTTAWA - Canadians once again struggled to find work in February as the economy disappointed markets with another month of poor job creation, despite a largely illusionary dip in the unemployment rate......]]></description>
                      <link>http://www.news1130.com/news/national/article/339224--unemployment-slips-to-7-4-per-cent-in-february</link>
                      <category>News</category>
                      <pubDate>Fri, 09 Mar 2012 08:46:48 -0400</pubDate>
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                      <title><![CDATA[Local housing affordability improves slightly: report]]></title>
                     <description><![CDATA[RBC says the costs of a bungalow home in Vancouver fell 4.6 points in January to 86 per cent of a typical household income. It's still the worst in Canada by a wide margin.]]></description>
                      <link>http://www.news1130.com/business/article/338550--local-housing-affordability-improves-slightly-report</link>
                      <category>News</category>
                      <pubDate>Wed, 07 Mar 2012 08:17:11 -0400</pubDate>
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                      <title><![CDATA[Sears store in Downtown Vancouver shutting its doors]]></title>
                     <description><![CDATA[Sears is closing its flagship Pacific Centre store in downtown Vancouver, along with locations in Calgary and Ottawa. The doors will close at all three locations by October 31st.]]></description>
                      <link>http://www.news1130.com/business/article/336986--sears-store-in-downtown-vancouver-shutting-its-doors</link>
                      <category>News</category>
                      <pubDate>Fri, 02 Mar 2012 10:22:18 -0400</pubDate>
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