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Telus seals $87 million deal with Montreal

Vancouver's Telus Corp. (TSX:T) has signed a 10 year contract worth $87 million with Ville de Montreal. The contract will provide the city with Internet-based voice and data services for more than 300 administrative offices throughout the city.

Sierra Wireless profits soar in 2007

Vancouver's Sierra Wireless (TSX:SW) saw its revenue and profits soar in 2007. The wireless PC card manufacturer saw its annual revenue almost double, to $439.9 million, from $221.3 million in 2006. Its annual net profit jumped to $32.

Vancouver biotech acquires two Israeli firms

Vancouver's Medical Ventures Corp. (TSX-V:MEV) has acquired Israel-based B-Balloon Ltd. and Neovasc Medical Ltd. in a deal worth $26 million. The acquisition of both companies will increase Medical Ventures' products under development.

Skepticism over carbon neutrality

A large majority of Canadians do not trust corporate claims of carbon neutrality, according to a new Pollara poll due for release next week.

BC Ferries to sell four older ships

BC Ferries has put up for sale four older ferries it plans to retire. The company is seeking expressions of interest for the Queen of Esquimalt, the Queen of Saanich, the Queen of Vancouver and the Queen of Tsawwassen.

Telus acquires Toronto web streaming firm

Telus Corp. (TSX:T) has acquired a Toronto-based web streaming firm for an undisclosed sum. Privately held Fastvibe Corp. provides web streaming software that allows online chat, question and answer and polling capabilities.

New zinc exploration firm lists on TSX-Venture

Vancouver-based Rio Cristal Zinc Corp. (TSX-V:RCZ) completed its initial public offering on the TSX Venture Exchange, raising $6 million through the sale of $12.1 million units worth $0.50 per unit.

Tech developer acquires smart phone software firm

Vancouver's CounterPath Corp. plans to acquire Ottawa-based FirstHand Technologies Inc. in an all-share deal worth approximately $10 million.

Vancouver junk remover expands wireless fleet

Vancouver-based 1-800-GOT-JUNK will be expanding its rollout of Digital Dispatch's (TSX:DD) wireless fleet management system.

Vancouver art publisher loses CFO

Vancouver's Art in Motion Income Fund (TSX:AIM.UN) has lost its chief financial officer; Allan Achtemichuk will be leaving AIM by March 25. Halifax-based Clarke Inc. (TSX:CKI) acquired a majority stake in the fund last month.