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Shareholders of Vancouver's Rainmaker Income Fund (TSX:RNK.UN) have approved management's decision to convert the business from an income trust to a corporation.

The Vancouver Convention and Exhibition Centre is the first repeat winner of the "World's Best Convention Centre" award from the International Association of Congress Centres (AIPC).

The province and the federal government have announced they will invest up to $231 million in B.C. highway improvements over the next five years. Most of the funding has been earmarked to improve sections of Highway 97 in the Okanagan Valley.

Vancouver biotech Cardiome Pharma Corp. (TSX:COM; Nasdaq:CRME) expects to raise US$25 million in a private sale of preferred shares with an affiliate of private equity firm SAC Capital Advisors LLC.

Vancouver's Minco Silver Corp. (TSX:MSV) plans to acquire Idaho's Sterling Mining Company (TSX:SMQ) in a deal worth roughly US$62.3 million.

Vancouver's Telus Corp. (TSX:T) is urging the federal government to spend $1 billion of the $42.5 billion it raised from the recent wireless spectrum auction on expanding the broadband Internet network in rural Canada.

Vancouver-based Westport Innovations Inc. (TSX:WPT) has filed with the U.S. Securities and Exchange Commission to list its shares in the U.S.

Annual revenue for Vancouver's Pacific Rim Mining Corp. (TSX:PMU) fell 8% while its net loss rose 35% for the year ending April 30. According to the company, the drop in revenue to $7.7 million from $8.

Total system sales for Richmond-based the Keg Royalties Income Fund (TSX:KEG.UN) increased 6.9% for the quarter ending June 29 to $112.1 million compared with $104.9 million for the same period in 2007. Same-store sales increased 4.

Burnaby's Ballard Power Systems (TSX:BLD) has signed a three-year supply agreement with Oregon-based IdaTech LLC to provide fuel cells for one of IdaTech's backup power modules.