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Patent infringement claim filed against Metro Vancouver vehicle fleet management company

Burnaby's WebTech Wireless Inc. (TSX:WEW) has reported that a patent infringement lawsuit against the company has been filed in U.S. District Court in the eastern Texas.

Newly merged Vancouver gold producer to raise $100 million in share offering

New Gold Inc. (TSX:NGD; NYSE Amex:NGD), a gold producer that has grown through a series of recent business combinations, is bolstering its war chest to the tune of $100 million.

Vancouver apartment construction price decline slows

After a 10.5% decline in Metro Vancouver apartment building construction in 2009's first quarter, prices fell a modest 0.6% in the second quarter, according to Statistics Canada data released Thursday.

Hydro Ottawa invests in B.C. street light software developer

Victoria-based Streetlight Intelligence Inc. (TSX-V:SLQ) has received an initial $500,000 strategic investment from Hydro Ottawa, a power utility providing electricity to the nation's capital.

CIBC reports British Columbians among those finding work fastest in recession

During the recession, British Columbians are finding work faster than the national average, according to a new report from CIBC World Markets.

Weyerhaeuser applies to regulator to cease being a reporting issuer in Canada

Washington-state headquartered Weyerhaeuser Company has applied to the Quebec securities regulator to cease being a reporting issuer in Quebec.

Canadians divesting from U.S. government bonds, Statistics Canada reports

After a pick up of investment in U.S. government bonds in March, Canadians have been unloading their U.S. government debt investments, according to the latest figures from Statistics Canada. Canadians sold $1.

J.D. Power and Associates survey finds Canadians spending less on vehicle maintenance

Canadians are spending about 7% less on vehicle repair and maintenance this year, according to a new survey by J.D. Power and Associates.

Vancouver silver firm raises US$48.3 million in share offering

Vancouver's Silver Standard Resources Inc. (TSX:SSO) has raised approximately US$48.3 million in a public offering of shares.

External production delays erode Vancouver animation studio revenue

Vancouver's Rainmaker Entertainment Inc. (TSX:RNK) reported a 67.5% drop in revenue in the second quarter ending June 30, 2009 due to external production delays. Second quarter revenue fell to $3.