Telus is planning to spend $670 million on its networks in British Columbia this year.

The world's leading central bankers are committed to keeping inflation under control as energy prices surge and food prices reach record highs, European Central Bank chief Jean-Claude Trichet said Monday.

Shares in Vancouver-based alternative energy producer Plutonic Power rose Monday on news it has agreed to be acquired by Magma Energy, also of Vancouver, in a merger valued at $575 million.

The value of building permits issued by municipalities unexpectedly fell in January, Statistics Canada reported Monday.

Gold, silver, oil and the Canadian dollar were all up in early trading Monday.