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Victoria's Vecima Networks Inc. (TSX:VCM) plans to acquire up to 550,000 common shares over the next 12 months to boost the company's stock price. The normal course issuer bid represents about 2.

David S. Smith has resigned as the CFO of Ballard Power Systems (TSX:BLD) effective January 30 to join Finning International Inc. as executive vice-president and CFO, it was announced Monday.

TimberWest Forest Corp. (TSX:TWF.UN) announced a $150 million private placement and rights offering on Sunday that the company says it will use to pay off debt and for general corporate purposes.

IAT Air Cargo Facilities Income Fund (TSX:ACF) has filed a B.C. Supreme Court petition against financial adviser BMO Nesbitt Burns Inc. claiming it mistakenly paid a $700,000 completion fee.

Kevin McArthur plans to step down as president and CEO of Goldcorp Inc. after two years at the helm of one of the world's largest gold companies.

Despite of the ongoing economic turmoil, two Vancouver gold mining firms have raised $100 million on the public markets. Vancouver's Red Back Mining Inc.

WebTech Wireless Inc. (TSX:WEW) has reported record revenue and a small net profit in its third-quarter, which ended October 31. Revenue for the Burnaby developer of vehicle tracking technology rose 66% to $7.8 million, up from $4.

A merger between Vancouver's NEMI Northern Energy and Mining Inc. (TSX:NNE.A) and Australia-based Aviva Corp. has been mothballed after an error was found in NEMI's documentation .

The provincial government plans to spend $11.5 million to expand the market and promote product development for B.C.'s ailing forestry sector. Forestry Innovation Investment Ltd.

B.C. is providing funding for a pilot project aimed at finding ways to help small businesses with their succession planning. With almost 400,000 small businesses in B.C.