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CHC Helicopter Corp. lands $1.1 billion contract to service offshore energy operations

Richmond-headquartered CHC Helicopter Corp. (TSX:FLY; NYSE:FLI) has won two contracts worth $1.1 billion to provide helicopter services to Norway-based Statoil ASA.

Victoria tech company files to de-register from U.S. Securities and Exchange Commission

Victoria-based Vecima Networks Inc. (TSX:VCM) will file with the U.S. Securities and Exchange Commission to de-register its shares in the U.S.

North Vancouver currency paper-maker to launch $40 million IPO

The company that produces the security paper for the Swiss franc and the Euro is going public. North Vancouver-headquartered Fortress Paper Ltd. has launched a $40 million IPO on the TSX offering five million shares at $8 a share.

Black Press eyes Central Canada beachhead with $400 million bid for Osprey Media

Victoria-based Black Press Ltd. has launched a $400 million takeover pitch for Osprey Media. The bid tops Quebecor Media's May 31 offer of $355 million. Black Press has offered $8.

B.C. and Ontario credit unions vote to merge centrals

Ontario and B.C. credit unions have voted to merge their wholesale suppliers of financial services. Almost 99% of Ontario credit unions and more than 98% of B.C.

New survey finds Vancouverites have growing appetite for local produce

At least 70% of adults in Greater Vancouver prefer to buy B.C. grown produce, according to a new survey conducted by Mustel Group for Capers Community Markets.

New B.C. stock exchange applies to operate in Ontario

B.C.-based egX Group Inc. (TSX-V:GFG), which is launching the first real estate stock exchange in the world, has filed with the Ontario Securities Commission to operate in Ontario.

Mine wall collapses at Imperial Metals' Huckleberry project

A wall at Imperial Metals Corp.'s (TSX:III) Huckleberry copper and molybdenum mine has collapsed.

CEO donates $11 million to climate research

Climate change research at University of Victoria received a shot in the arm from Bob Wright, president and CEO of Oak Bay Marine Group of Companies, who has donated $11 million to the university.

B.C. retail sales rise for five straight months

Retail sales in B.C. reached $4.7 billion in April, an 8.1% year-over-year increase and the fifth consecutive month in which the province experienced boosted sales, according to Statistics Canada. The April sales total represents an 1.