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Business

Mutual-funds sales up from year ago

Investors increased the amount of money they put into mutual funds last month than they did a year earlier, according to data compiled by the Investment Funds Institute of Canada. The industry group said net sales totalled $1.

Small Business Week: Pig smokin' on West Shore

Second location for successful barbecue joint

Truffles Catering earns green award

Truffles Catering has been named Green Business of the Year by the Saanich Peninsula Chamber of Commerce.

Cineplex hires corporate chef

Canada's biggest movie exhibitor plans to dish out more than just the latest films at its new upscale theatres. Cineplex Inc.

Softbank to buy 70% of Sprint

Japanese mobile operator Softbank Corp. said it will buy 70 per cent of Sprint Nextel Corp for $20.1 billion, giving Softbank the American toehold it has long desired and Sprint the capital to expand its network and potentially buy peers.

Saskatchewan well goes deep

At 3.4 kilometres, it's the deepest well ever drilled in Saskatchewan. The shaft has been sunk over the past two months as part of the Petroleum Technology Research Centre's Aquis-tore project to permanently store carbon dioxide deep underground.

Real estate lustre dulls from year ago

Despite a slight recovery from August, home sales in September fell 15.1 per cent from a year ago due to tighter mortgage lending rules and an uncertain economy, the Canadian Real Estate Association said Monday.

Telus gets green light for share-exchange vote

Telus said Monday that it has been given permission to go ahead with a vote on its share exchange proposal by the Supreme Court of British Columbia, despite an appeals court ruling that sided with a dissident shareholder.

Economic Good News Gives Market A Boost

The Toronto stock market racked up a minor gain Monday amid positive earnings from the American financial sector and economic data from China and the United States that was better than expected.

Carney promises clarity on interest rate increases

Bank of Canada governor Mark Carney said raising interest rates to fight inflation is currently a hypothetical issue in Canada, but if rates were about to go up, Canadians will get ample notice.