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Central 1 acquires minority stake in insurance firm from U.S. company

The supplier of wholesale financial services to B.C. and Ontario's credit unions has closed its acquisition of the Cumis Group with the Co-operators Life Insurance Company.

Vancouver gold miner creates Mongolian joint venture

Vancouver-based Jinshan Gold Mines Inc. (TSX:JIN) has signed a joint venture agreement to explore and develop gold projects in Mongolia. Jinshan will work with Mongolia's Monnis International Inc., whose primary business is as Nissan Motor Co. Ltd.

Greenhouse vegetable grower converts from income trust

Delta-headquartered Village Farms Income Fund (TSX:VFF.UN) has completed its conversion from an income trust into a publicly listed corporation, Village Farms International Inc.

Canadians optimistic about 2010: Ipsos-Reid

Almost three-quarters of Canadians are optimistic that 2010 will be a good year for creating jobs and getting people back to work, according to a poll by Ipsos-Reid. About two-thirds of Canadians felt confident about their own personal finances.

Bidding war continues for Canplats Resources

Vancouver's Goldcorp Inc. (TSX:G; NYSE:GG) has matched a sweetened offer for Vancouver-based Canplats Resources Corp. (TSX-V:CPQ) made by Minera Penmont. The revised deal values Canplats at approximately $322.

Founder of Vancouver uranium miner dies suddenly

Bearclaw Capital Corp. (TSX-V:BRL) announced on Monday the sudden death of John B. Ross, its chairman and founder. The company was founded in 1999 and is focused on two uranium explorations projects in Quebec and Eastern Canada.

Vancouver gold miner considers another takeover offer in bidding war

The bidding war between Minera Penmont and Goldcorp Inc. (TSX:G) for Canplats Resources Corp. (TSX-V:CPQ) continued this week after Minera sweetened its offer to $4.60 per common share of the company, up from the $4.20 it and Goldcorp Inc.

Vancouver gold miner accepts Goldcorp's revised acquisition offer

Canplats Resources Corp. (TSX-V:CPQ) has accepted a revised offer from Goldcorp to acquire the Vancouver-based mining exploration company.

Ritchie Bros. closes deal to acquire California auctioneer

Burnaby-headquartered Ritchie Bros. Auctioneers Inc. (TSX, NYSE:RBA) has closed the acquisition of Tipton, California-based Martella Auction Company Inc., which auctions agricultural and industrial equipment.

QLT to take over U.S. sales of eye drug in 2010

Vancouver-based QLT Inc. (TSX:QLT; Nasdaq:QLTI) has created a new U.S. subsidiary to sell its macular degeneration drug in America . Beginning January 1, 2010, QLT Ophthalmics Inc. will take over the sales and marketing of Visudyne in the U.S.