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Gray Line West shutters its Vancouver tour bus operations

Stiff competition in Vancouver's sightseeing business is among the factors that have forced tour and charter bus operator Gray Line West to close its Vancouver operations. Ian Robertson, a representative of Gray Line West owner Armstrong Group Ltd.

Radiant posts record quarterly results

Vancouver's Radiant Communications Corp. (TSX-V:RCN) enjoyed record revenue of $5.5 million in its most recent quarter. The increase represents an 11% improvement over 2006's third quarter. Nine-month revenue rose to $16 million, which was an 11.

Clearly Canadian rings up $10 million loss

Clearly Canadian (OTCBB:CCBEF) may have found new revenue streams in its recently acquired healthy snack and organic baby food divisions, but the Vancouver company still posted a net loss of $10.

Carmanah Technologies' profitability takes hit from strong Canadian dollar

Victoria's Carmanah Technologies Corp. (TSX:CMH) is citing a strong Canadian dollar as the main reason the company has stumbled to a $4.

Digital Dispatch revenue hit by soaring Canadian dollar

Richmond's Digital Dispatch Systems Inc. (TSX:DD) reported that its three-month and nine-month revenue had floundered on the strength of the Canadian dollar relative to its U.S. counterpart, the Euro and the British pound.

Ballard fuel cells to power U.K. buses

Transport for London has selected Burnaby's Ballard Power Systems Inc. (TSX:BLD) to provide modules for five fuel cell-powered buses in London starting in 2009.

Downturn in North American heavy truck sales hurts B.C. electronics manufacturer

The profitability of Pacific Insight Electronics Corp. (TSX:PIH), an electronics manufacturer for the transportation industry, has been hit by a sales downturn in the heavy truck industry and a strong Canadian dollar.

Sale of Gateway Casinos Income Fund moves closer to completion

The Alberta Gaming and Liquor Commission and the British Columbia Gaming Policy and Enforcement Branch have approved the purchase of the Gateway Casinos Income Fund (TSX:GCI:UN) by Australia's New World Gaming Partners Ltd.

Goldcorp's third-quarter profit rises 12.6% on the strength of higher prices and sales

Vancouver's Goldcorp Inc. (TSX:G; NYSE:GG) has reported a 12.6% increase in quarterly profit thanks to higher revenue from increased gold sales in the period ending September 30. Third-quarter profit rose to US$70.3 million from US$62.

High dollar sends Delta aerospace company's earnings into third-quarter tailspin

The rising Canadian dollar sent Avcorp Industries Inc.'s (TSX:AVP) third-quarter revenue tumbling $1.3 million and had quarterly profits for the Delta aerospace company hovering just above the black. Despite a 6% increase in revenue to $26.