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Rainmaker to suspend distributions in wake of quarterly loss

Visual effects maker Rainmaker Income Fund (TSX:RNK.UN) reported a net loss in its first quarter on higher expenses from the acquisition of Mainframe Entertainment. The $4.

WebTech Wireless founders offer to cancel sale of shares as stock price plummets

WebTech Wireless Inc. (TSX:WEW) founders Anwar Sukkarie and Cameron Fraser have offered to reverse the sale of a million company shares following the 50% plunge of WebTech's stock price over the past week.

Improved sales boost quarterly revenue and profit for Glacier Ventures

Higher revenue from acquisitions and existing businesses helped Glacier Ventures International Corp. (TSX:GVC) realize a 33% increase in profit in the publishing company's first quarter, which ended March 31, 2007.

Lower Mainland aerospace company chalks up another profitable quarter

Delta-based aircraft frame manufacturer Avcorp Industries Inc. (TSX:AVP) reported a fifth consecutive profitable quarter with the release of its 2007 first quarter results.

CN closes deal with container shipping company to service Port of Prince Rupert

CN has signed its first container line to ship Asian freight through the new Port of Prince Rupert. Cosco Container Lines Americas Inc. will begin shipping containers between Asia and the port starting in 2007's fourth quarter.

Xantrex signs $12 million contract with wind turbine manufacturer

Vancouver power converter developer Xantrex Technology Inc. (TSX:XTX) has signed a $12 million contract to provide power converters for a North American wind turbine manufacturer. The client's name was not disclosed.

Federal government to provide new financing programs for B.C. winemakers

The Business Development Bank of Canada has launched a new program to provide B.C.'s winemakers with more flexible financing options.

Sales growth and acquisition boost Extreme CCTV's quarterly revenue

First quarter 2007 revenue for Burnaby-headquartered video surveillance developer Extreme CCTV Inc. (TSX:EXC) almost doubled to $12.2 million from $6.3 million in the same quarter in 2006.

Finning hits record sales and profits in 2007's first quarter

Finning International Inc. (TSX:FTT) reported record sales and profits for its first quarter ending March 31, 2007. Sales for the global Caterpillar equipment dealer rose more than 16% to $1.4 billion in the quarter compared with $1.

Falling OSB prices and a slowdown in U.S. housing construction hammer Ainsworth Lumber's bottom line

Sales for Ainsworth Lumber Co. Ltd. (TSX:ANS) dropped 53.9% and the company reported a net loss in its first quarter ending March 31, 2007, as prices for oriented strand board plummeted. Sales fell to $135 million compared with $292.