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B.C. housing affordability continues to deteriorate

It's becoming increasingly expensive to own a home, according to a recent report by RBC Economics.

Meridian shareholders not buying three-way deal with Yamana and Northern Orion

The three-way merger between Toronto's Yamana Gold Inc. (TSX:YRI), Vancouver's Northern Orion Resources Inc. (TSX:NNO) and Reno, Nevada-based Meridian Gold Inc. (TSX:MNG) remains on thin ice.

Metro Vancouver housing starts lower than they were a year ago

Despite continuing robust housing starts in Metro Vancouver, the number of new homes built in the region thus far in 2007 is still lower than at the same time last year, according to recent data from the Canada Mortgage and Housing Corp.

Extreme CCTV lands contract to provide security cameras to the world's busiest airport

Burnaby-based Extreme CCTV Inc. (TSX:EXC) has been selected to provide surveillance cameras for critical areas of the new Terminal 5 at London's Heathrow International Airport.

Vancouver resource companies set to merge in $26 million deal

Vancouver's Buffalo Gold Ltd. (TSX-V:BUF) and Sargold Resource Corp. (TSX-V:SRG) have agreed to merge in an all share deal worth roughly $26 million.

Lions Gate acquires independent studio for US$56.3 million

Lions Gate Entertainment Corp. (NYSE:LGF) has acquired independent production and distribution company Mandate Pictures in a cash and stock deal worth approximately US$56.3 million. The deal could potentially yield several strategic benefits.

Vancouver energy company selling its New Zealand operations

Vancouver-based Tag Oil Ltd. (TSX-V:TAO) plans to sell its New Zealand operations and is in discussions with various advisory firms over the company's strategic alternatives. The company's main asset is its 30.

Kelowna pharmacy expands in Manitoba market with $3.4 million acquisition

Kelowna-based Paragon Pharmacies Ltd. (TSX-V:PGN) plans to acquire Manitoba's Duncan Pharmacy Inc. in a cash deal with $3.4 million. The deal, expected to close November 1, will expand Paragon's presence in The Pas in central Manitoba.

Versatile Systems reports higher revenue as sales jump in fiscal 2007

Vancouver sales and marketing technology provider Versatile Systems Inc. (TSX-V:VV) reported a 19% increase in quarterly revenue for the fourth quarter ending June 30. According to the company, revenue rose to US$18.2 million from US$15.

Burnaby electronics retailer rolls into Atlantic Canada

Burnaby-headquartered Best Buy Canada Ltd. is expanding in Eastern Canada with its first store in Atlantic Canada and a new store in Ontario by the end of November.