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Vancouver exploration firm acquires Nevada drilling operation

Mosquito Consolidated Gold Mines Ltd. (TSX-V:MSQ) has acquired Kirkness Diamond Drilling Inc. for US$3 million.

B.C. and Alberta construction associations push for faster implementation of TILMA

The Independent Contractors and Businesses Association of B.C. and the Merit Contractors Association of Alberta are calling for faster implementation of the Trade Investment and Labour Mobility Agreement.

Province to plant seedlings in forests damaged by mountain pine beetles

The provincial government will be supporting industry efforts to replant the forests destroyed in the mountain pine beetle infestation. Beginning next summer, the Ministry of Forests and Range will plant roughly 3.

Corix Group acquires California water products company

The Corix Group of Companies, formerly Terasen Water and Utility Services, has expanded into the western United States by acquiring Santa Clara, California-based Edward S. Walsh Company. Financial details of the deal have not been disclosed.

Xantrex signs $4.5 million contract to develop wind power technology

Portable power developer Xantrex Technology Inc. (TSX:XTX) has signed a $4.5 million contract with Sustainable Development Technology Canada to develop new drive trains and control systems for wind turbines.

Average Vancouver housing price increase hits double digit spike

Canada's most expensive place to buy a home has gotten even more pricey, according to a report by Royal LePage Real Estate Services. The average price for a two-storey home in Vancouver rose 10.

Collapse of trust market slows Canadian IPO activity

With half the year over, Canada's IPO activity has fallen dramatically compared with the first six months in 2006, according to a PricewaterhouseCoopers survey.

Okanagan power utility restructures its debt

Kelowna-based power utility FortisBC Inc. (TSX:FTS) has closed a $105 million debenture offering aimed at repaying debts and funding future capital expenditures. It closed an issue of 5.

Teck Cominco makes $4.1 billion pitch for Toronto copper producer

Teck Cominco Inc. (TSX:TCK.B) has offered $4.1 billion for Toronto-based copper producer Aur Resources Inc. The acquisition would increase Teck's annual copper production by over 200 million pounds, or 43% of the company's current production.

B.C. to test viability of long-combination tractor trailers on Lower Mainland-to-Interior route

The B.C. Ministry of Transportation has launched a July to October pilot project to test whether long-combination tractor trailers can increase the efficiency of goods movement between B.C.'s Interior and the Lower Mainland.