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Burnaby-based Tekmira sues Alnylam for more than $1 billion

Burnaby-based Tekmira Pharmaceuticals Corp. (Nasdaq:TKMR, TSX:TKM) is suing Alnylam Pharcameuticals, Inc. over allegations that company trade secrets were stolen and will be seeking damages of more than $1 billion.

Global economic future unclear despite low recession risk: CIBC

A natural disaster in Japan and continued unrest in the Middle East are prompting concerns about the global economy, even though the risk of another recession remains low, CIBC World Markets said Thursday.

Federal government funds 400 small business internships

Canadian small and medium-sized businesses will again benefit from the labours of approximately 400 student interns, through the federally funded Small Business Internship Program (SBIP).

New fund will help investors track Venture-listed miners

A new vehicle has been launched for investors who want to cash in on TSX Venture Exchange-listed junior mining companies.

Copper Mountain shipments on track despite Japan quake

Copper Mountain Mining (TSX:CUM) assured investors Thursday morning that the earthquake in Japan would not affect copper shipments from its mine.

Canada Bread to close Delta facility

Maple Leaf Foods Inc. (TSX:MFI)-owned Canada Bread Co. Ltd. announced yesterday that it will close its Delta bakery by the end of November.

February U.S. housing starts hover near record low

B.C. manufacturers hoping for a revitalization of the U.S. housing market are going to have to wait a while longer. On Wednesday, the U.S.

Richmond company secures $US280 million deal to service orbiting satellites

Richmond-based information solutions provider MacDonald, Dettwiler and Associates Ltd. (TSX: MDA)(MDA) has secured a US$280 million deal to service Intelsat S.A.’s satellites.

Local technology creates clean energy from garbage treatment

A new pilot project in Cheongsong, South Korea, will demonstrate a waste-to-energy technology, featuring the technology of Burnaby-based Ballard Power Systems (TSX:BLD, NASDAQ:BLDP).

EnWave to acquire dehydration patents from UBC

EnWave Corp. (TSX-V:ENW) is taking patent ownership for its dehydration technology in-house.