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Burnaby mill closure kills 100 jobs

Quebec-based Cascades Inc. (TSX:CAS) is closing its Burnaby containerboard mill and laying off approximately 100 employees.

IMF likes Canada’s economic outlook

Canada is in a strong position to weather global economic uncertainty, says Federal Finance Minister Jim Flaherty, who has the International Monetary Fund to back him up.

Clark announces funding for Prince Rupert port

Premier Christy Clark chose Prince Rupert to unveil the first phase of her long-awaited jobs plan September 19. Observers expect her to roll out other planks in her strategy on September 22 when she addresses the Vancouver Board of Trade.

Canada more economically free than U.S.: Fraser Institute

Canada has surpassed the U.S. in economic freedom, according to a report released today by public policy think-tank, the Fraser Institute.

B.C. lighting company lands US$7.5 million

Vancouver’s Light-Based Technologies Inc . (LBT) has landed US$7.5 million in venture funding from San Francisco’s VantagePoint Venture Partners and Vancouver’s Chrysalix Energy Venture Capital .

Poplars could become popular fuel source

Carl Douglas and Shawn Mansfield , researchers at UBC, are using genomics to enhance breeding and selection of poplars to improve their potential as a biofuel resource.

Corvus to make batteries for wind, solar-powered ships

A Richmond company that makes heavy-duty, long-lasting batteries has landed a contract with a Japanese company that is designing a system for ocean-going ships that harnesses both the sun and wind to augment power.

Tantalus and Itron sign strategic partnership

Burnaby’s Tantalus Systems Corp .

Agnico-Eagle acquires Vancouver junior miner

Vancouver-based Grayd Resources Corp. (TSXV: GYD) has agreed to a $275 million takeover bid by Agnico-Eagle Mines Ltd. (TSX: AEM).

Tahltan votes in favour of AltaGas power projects

The Tahltan First Nation has approved two run-of-river hydroelectric projects in exchange for funding and jobs to support community development.