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Future Shop to grow home appliances market share

Burnaby-based Future Shop plans to double its market share in home appliances sales and will be expanding and remodeling the appliance sections of its stores.

Richmond drug distributor seals acquisition

Privately held uniPHARM Wholesale Drugs Ltd. has closed its acquisition of Calgary-based Dale & Douglas Distribution Services Inc. and Prairie Supply Cooperative. Financial details of the deal announced in mid-April were not disclosed.

Residential energy costs to rise July 1

Surrey-headquartered Terasen Gas Inc. has received approval from the B.C. Utilities Commission to increase natural gas and propane rates.

Imperial Metals wins appeal

Vancouver's Imperial Metals Corp. (TSX:III) has won an appeal in the Federal Court of Appeal that sets aside a lower court decision that challenged the environmental assessment of the Red Chris copper-gold project in northwestern B.C.

Redcorp Ventures to sell gold production for US$90 million

Vancouver's Redcorp Ventures Ltd. (TSX:RDV) and it's wholly-owned subsidiary, Redfern Resources Ltd. plans to sell all of the gold from a mining project in northwestern B.C. for US$90 million. The deal will see Kadywood Capital Corp.

Silver Wheaton closes silver deal with North Vancouver copper producer

Vancouver's Silver Wheaton Corp. (TSX:SLW) plans to acquire all the silver from a copper and molybdenum mine in northwestern Arizona owned by an affiliate of North Vancouver-based Mercator Minerals Ltd. (TSX:ML).

B.C. Transmission Corp. wins injunction for Tsawwassen power line

The B.C. Supreme Court has granted an injunction to B.C. Transmission Corp. to prevent Tsawwassen homeowners from blocking construction of a new high-voltage power line to Vancouver Island.

HSBC Bank Canada expands operations into Quebec

A subsidiary of Vancouver-based HSBC Bank Canada (TSX:HSB.PR) has opened a new office in Montreal to provide services to immigrants filing under the Quebec Immigrant Investor Program.

Clarke Inc. to acquire Coquitlam art distribution business

Halifax-based activist investment firm Clarke Inc. (TSX:CKI) plans to acquire all the remaining units of Coquitlam-based Art in Motion Income Fund (TSX:AIM.UN) it doesn't already own. Clarke will pay $0.

Canada's forestry industry projected to suffer $750 million loss this year

While 2007 was bad for Canada's forestry sector, 2008 is likely to be worse, according to a report by the Conference Board of Canada.