The BC' government has chosen accounting standards that make it easier to balance the budget. That's the latest from the Auditor General. John Doyle and his staff have looked into the province's summary financial statements for the current fiscal year. His report says the province has met most of the basic requirements when it comes to financial … [Read more...]
Developing story: Auditor General says provincial deficit understated in last fiscal
December 4, 2012 by
Foran Mining posts $1.8M loss in fiscal 2011
January 31, 2012 by
VANCOUVER - Foran Mining Corporation (TSXV:FOM) says an increase in balance sheet charges for compensation was the main factor behind a significant increase in its net loss in fiscal 2011.The Vancouver-based exploration miner said its net loss in the year ended Sept. 30 was $ 1.8 million or four cents per share.That was up from a net loss of $ … [Read more...]
Absolute Software falls to loss in fiscal Q1
November 17, 2011 by
VANCOUVER - Absolute Software Corp. (TSX:ABT) says it fell to a net loss of $ 1.9 million in its fiscal 2012 first quarter due to foreign exchange costs.The loss, equivalent to four cents a share, was down from a profit of $ 100,000, or less than a penny per share, in the comparable quarter of fiscal 2011.Absolute said Thursday that the decline … [Read more...]
Timmins Gold posts fiscal Q2 profit of $3.6M
November 9, 2011 by
VANCOUVER - Higher production and realized prices helped Timmins Gold Corp. (TSX:TMM) swing to a profit in its fiscal 2012 second quarter as revenues rose 44 per cent.The Vancouver-based gold producer said net earnings for the three months ended Sept. 30 were US$ 3.6 million or three cents per share. That compared with a loss of $ 803,714 or a … [Read more...]
The Canadian Taxpayers Federation wants to the BC Government to hold the fiscal line.
October 11, 2011 by
As the BC Government looks for feedback on its budget the Canadian Taxpayers Federation is urging cuts and not more spending. BC spokesperson Jordan Bateman says the government must hold the line on its net zero wage mandate for the public sector. He says now is not the time for reckless spending with the government just 1.1% away from … [Read more...]
