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Business

Sport institute adds to board

Randy Smith, a retired financial planner, longtime community advocate and avid health and fitness proponent, is the newest board member of the Pacific Institute for Sport Excellence Society.

Deal struck for former Air Canada division

British-based firm A J Walter Aviation said it has signed a deal to buy the component repair business of insolvent aircraft maintenance firm Aveos Fleet Performance.

Western profit increases

The sale of a tree-farm licence and improved lumber and log shipments allowed Western Forest Products to improve its bottom line by $10 million in the second quarter.

RIM to release Playbook for faster networks

New device on sale Thursday

Fishers block U.S. lobsters

New Brunswick lobster fishermen have surrounded a tractor-trailer outside a Shediac processing plant and are vowing to keep it there until its cargo rots.

Ritchie Bros. hike dividend

Ritchie Bros. Auctioneers Inc. increased its quarterly dividend as it reported improved results for its second quarter. The auctioneer of industrial equipment said it would pay a quarterly dividend of 12.25 cents per share, up from 11.

Struggling ING may sell Canadian arm

Several Canadian banks may be interested in scooping up ING's Canadian banking arm, analysts said Thursday after its troubled parent company announced it is reviewing Canada's largest Internet bank as a prelude to a possible sale.

EI changes into effect next week

Starting next week, jobless Canadians will be able to keep more of their employment insurance benefits if they find temporary jobs during searches for full-time work.

Trio of Island firms make Venture cut

$235,000 up for grabs in competition

Tourist levels encouraging after poor start

It is no longer just a cheesy, lip-synched phrase from the late 1980s. Now even the Victoria tourism sector will "blame it on the rain" as bad weather is being cited for a slow start to the tourist season.