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Government of Canada and Province of New Brunswick to Announce New Energy Smart Process

| Natural Resources Canada | media advisories

Saint John - The Honourable Greg Thompson, Minister of Veterans Affairs, on behalf of the Honourable Gary Lunn, Minister of Natural Resources, together with the Honourable Jack Keir, New Brunswick Energy Minister, will make an important announcement for small- and medium-sized organizations trying to access financial incentives for energy-efficiency projects.


Government of Canada Grants $300,000 in Funding to Précision S.F. Tech

| Canada Economic Development for Quebec Regions | news releases

The Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of Canada Economic Development, today visited Précision S.F. Tech to announce that the firm will receive $300,000 in funding to implement a productivity enhancement plan.


Canadian Forces Make their Mark in Bisley Once Again

| National Defence | news releases

The 2008 Canadian Forces Combat Shooting Team (CFCST) is back in Canada after much success at the International Small Arms Competition in Bisley, United Kingdom. This competition is world renowned, bringing together military marksmen from as far away as Australia, New Zealand and the Sultanate of Oman to compete head to head in some of the most competitive military shooting there is.


The Business Development Bank of Canada Acquires Shares of Prosys Tech Corporation

| Employment and Social Development Canada | news releases

The Business Development Bank of Canada (BDC) announces that it has acquired 8,333,333 common shares of Prosys Tech Corporation (Prosys), pursuant to an agreement reached with BDC to convert $2,000,000 of a $3,000,000 subordinated loan of Prosys' subsidiary Prosys-Tec Computers Inc. into common shares of Prosys. On a diluted basis, such holding represents 10.39% of the common shares of Prosys issued and outstanding as at June 17, 2008.


Market Conditions Lead to Increased Demand for BDC's Business Financing Solutions

| Employment and Social Development Canada | news releases

The Business Development Bank of Canada (BDC) made public its annual report yesterday which contains its financial statements for the year ended March 31, 2008. The results revealed a growth of $865 million or 9% in its loan and investment portfolio to reach a total portfolio of $10.6 billion. This enabled BDC to generate a net income of $84.6 million for the year. In fiscal 2008, dividends totalling $21.5 million were declared to BDC's shareholder, the Government of Canada. Since 1997, BDC has declared $156.7 million in dividends to its sole shareholder.


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2017-05-26