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Transaction software maker signs deal with one of the largest U.S. independent sales organizations

Vancouver's VendTek Systems Inc. (TSX-V:VSI) has signed a prepaid services marketing agreement with United Bank Card, one of the largest independent sales organizations in the U.S.

B.C. travellers increasingly irked by airline surcharges and service fees

Fewer people are choosing to fly to holiday destinations because of rising airline fuel surcharges and additional fees, according to a newly released BCAA Travel survey.

Retail industry plans to cut plastic bag distribution in B.C. by half

Four of Canada's largest retail associations have endorsed a plan to cut the distribution of plastic bags in B.C. by 50% over the next five years.

Victoria provides environmental approval for Plutonic Power run-of-river project

Vancouver's Plutonic Power Corp. (TSX:PCC) has received its environmental assessment certificate for its 130-megawatt Upper Toba Valley run-of-river project approximately 50 kilometres north of Powell River.

New UBC medical school in Okanagan to train Interior doctors

Construction has begun on a new medical school at UBC Okanagan that is slated to open in 2011 and will train up to 128 medical students by 2014.

CIBC says U.S. financial crisis will provide market boost for oil-based sectors in Canada

The U.S. federal government bailout will be good for Canada's natural resource industries and boost the Canadian dollar, but provide long-term challenges for the U.S. economy, according to a recent economic forecast by CIBC World Markets.

MDA signs $4 million deal to work with European Space Agency satellite

Richmond's MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has signed a $4 million contract with the European Space Agency to provide data and information processing technology for the agency's Sentinel-1 radar satellite.

Vancouver gold exploration firm floats silver exploration subsidiary

Vancouver's Columbus Gold Corp. (TSX-V:CGT) has successfully closed the initial public offering of Columbus Silver Corp. (TSX-V:CSC), formerly a wholly-owned subsidiary of the company. Columbus Silver issued 7.2 million units at $0.

Rockwell Diamonds board rejects hostile takeover bid from U.K. investment firm

The board of Vancouver's Rockwell Diamonds Inc. (TSX:RDI) has recommended its shareholders to reject the unsolicited takeover bid by Pala Investments Holdings Ltd. made earlier this month. Pala, a U.K.

Vancouver exploration firm buys silver company in $8.1 million deal

Andover Ventures Inc. (TSX-V:AOX) plans to buy fellow Vancouver-based company SNS Silver Corp. (TSX-V:SNS) in an all share deal worth roughly $8.1 million.