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Plutonic Power raises $470 million for Sunshine Coast run-of-river project

Vancouver's Plutonic Power Corp. (TSX:PCC) has secured a $470 million loan to fund construction of its Toba Montrose run-of-river energy project 190 kilometres north of Powell River.

Higher operating costs erode Richmond wire maker's bottom line

Despite strong sales, Richmond's Tree Island Wire Income Fund (TSX:TIL.UN) reported a 33% drop in profit for its third quarter ending September 30. Revenue rose to $73.7 million compared with $65.3 million in 2006's third quarter.

Richmond satellite systems maker chalks up another profitable quarter

Richmond-based Norsat International Inc. (TSX:NII) posted a 29% quarterly revenue increase in its third quarter, which ended September 30, as its portable satellite systems market grew. Revenue rose to $4 million compared with $3.

Kelowna company squeezing less profit from juice trade

Kelowna's Sun-Rype Products Ltd. (TSX:SRF) is another casualty of the rapidly rising Canadian dollar. Quarter-to-quarter net profits dropped 42% to $1.1 million for the juice and fruit snack manufacturer as it was hit with a $1.

Tricor Pacific acquires Alberta concrete products supplier

Vancouver's Tricor Pacific Capital Inc. has acquired Edmonton-based Expocrete Concrete Products Ltd. for an undisclosed sum.

Boston Pizza Income Fund profits rise on higher sales and larger stable of restaurants

An 18% increase in Boston Pizza restaurants and a 6.6% rise in same store sales helped Boston Pizza Royalties Income Fund (TSX:BPF.UN) deliver record quarterly sales for its third quarter ending September 30.

PwC survey says housing shortage looming for Vancouver

Vancouver, Calgary and Edmonton are fast approaching a housing shortage as workers flow into Western Canada attracted by well-paying jobs in the energy, mining and high-tech sectors.

Quadra Mining profits rise 136% in third quarter

Increased production from its Robinson Mine helped generate a 136% increase in quarterly profit for Quadra Mining Ltd. (TSX:QUA) for the period ending September 30. Third-quarter profit rose to $48.7 million compared with net earnings of $20.

Telus revenue and profits rise in third quarter

Revenue growth of 9% in Telus Corp.'s (TSX:T) wireless and broadband Internet services boosted profits for the telecom giant in its third quarter, which ended September 30. Consolidated revenue rose 4.5% to $2.3 billion from $2.

Maple Ridge accounting firm merges with Meyers Norris Penny

Andrew Brown Maroney is merging with Calgary-based Meyers Norris Penny LLP in the new year.