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by Contributor on Wednesday Aug 10 2011

By Boyd Cohen, Triple Pundit

I am from the U.S. and have lived in Europe and, most recently, Canada for the 10 years since getting my Ph.D. at the University of Colorado.

While I am no economist (my Ph.D. is in business), I believe that the recent U.S. debt crisis and the complete and utter failure of our politicians from the President...

by Anonymous on Wednesday Aug 10 2011

There has been $60,000 raised towards the goal of $800,000 needed to pay off an American lender as the village of Midway attempts to save their sawmill, reports The Vancouver Province.

Residents of Midway, two hours west of Nelson, came together in January to buy their mill, shut down in 2008 by Fox Forest Products of Montana....

by Anonymous on Tuesday Aug 09 2011

North American stock markets witnessed another massive sell-off on Monday as investors grew increasingly worried about the health of the global economy.

In Toronto, the S&P/TSX composite index closed with a loss of 491.21 points, or roughly four per cent, at 11,670.96. It has now lost 1,145 points over three trading days.

In New York,...

by Boundary Sentinel on Sunday Aug 07 2011

International Forest Products Ltd. (Interfor) will not be proceeding with its plan to develop a co-generation plant in Grand Forks after they received news that their bid to B.C. Hydro was unsuccessful. 

On August 2nd, Interfor announced that its proposal under Hydro’s Phase 2 Power Call to construct a 20 MW power plant at Grand Forks failed.
 
They went on to say...
by Mona Mattei on Saturday Aug 06 2011
With a target in sight of $1 million, Stephen Hill is literally hitting the pavement in Vancouver to raise the money needed to complete the purchase of the Midway mill site for Boundary Sawmills Inc. (BSI).
 
“I’m handing out brochures asking for assistance to pay off our deal with Fox,” said Hill. Hill has been working with the company since its inception and is the...
by Contributor on Friday Aug 05 2011

The unemployment rate in the West Kootenay-Boundary still high as the figure for rose to 8.6 per cent in July.

Although that number is down from nine per cent in July of 2010, there are 1,200 less people that have jobs in 2011, according to Statistics Canada.

Canada's unemployment rate dipped to 7.2 per cent in July as the economy added 7,100...

by Nelson Daily Staff on Friday Aug 05 2011

The decision to keep or nix B.C.'s controversial harmonized sales tax leaves the public's hands after 4:30 p.m. PT Friday afternoon.

That's when Elections BC starts carefully verifying ballots are from registered voters and tallying up the results.

Ballots can be dropped off at any of Elections BC's five collection centres in the Lower...

by Contributor on Thursday Aug 04 2011

Keep building that bunker, the global economy is teetering on the brink of another recession as markets took a nosedive Thursday, the Financial Post reports.

A 3.40 per cent drop in the Toronto Stock Exchange was coupled with a $5.30 drop in West Texas Intermediate crude oil to $86.63 U.S. a barrel, while the loonie was off by 1.61 cents, at $1....

by Mona Mattei on Thursday Aug 04 2011
The Cascade Power Project at Christina Lake could still be built by 2016 after the Ministry of Environment extended their environmental assessment permit despite opposition from the Regional District of the Kootenay Boundary (RDKB).  
 
“The extension was because we have been unable to get an electricity purchase agreement with B.C. Hydro in their last call,” said Paul...
by Kyra Hoggan on Wednesday Aug 03 2011

 The Castlegar & District Chamber of Commerce has come up with a plan to help local businesses get in on the windfall that is the BC Seniors’ Games, according to executive director Pam McLeod.

“We’re fortunate in Castlegar, in that all of the 3,200 athletes competing in the Games have to go through an accreditation process to participate,” McLeod said. “That process will be...

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