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Business

Wi-LAN buys 150 patents

Wi-LAN Inc. has bought a portfolio of more than 150 patents and patent applications from wireless technology company Alvarion Ltd. for $19 million.

"Sustainable fuel loop" of converted cooking oil now used in buses

Almost 50,000 litres of used cooking oil was converted to biodiesel and more than 150 tonnes of greenhouse-gas emissions were eliminated in a co-operative effort that saw cruise ship waste turned into bus line fuel this summer.

Syncrude to expand Mildred Lake mine

Syncrude Canada Ltd. has announced plans to extend the life of its Mildred Lake oilsands mine in northern Alberta by about a decade. Canadian Oil Sands Ltd.

Magna buys pump firms

Magna International Inc. has signed two deals to boost its automotive pump business.

Peninsula Co-op CEO resigns, cites work-life balance

Seven months after stepping into the chief executive’s role at Peninsula Co-op, Ron Heal has decided to step down from a post he once considered a dream job.

Bombardier inks two deals

Bombardier Transportation has won a five-year contract valued at $92 million US for a mass-transit-train control system in Malaysia and another worth $64 million US for new trains in Europe.

LED lighting only for Ikea

Two years after it began phasing out incandescent bulbs, Swedish retailer Ikea said Monday it is taking another step and planning to sell only energy-efficient LED lighting by 2016.

New chief executive for Molson Coors

Molson Coors Brewing Co. has appointed a new chief executive to head its Canadian operations while merging its U.K. business with the recently acquired StarBev. Stewart Glendinning, who currently heads the U.K.

B.C. rejects mine, concerns over fish

The B.C. government has rejected plans for a copper and gold mine in the province's northwest, saying the project could endanger salmon in the Skeena River. Pacific Booker Minerals Inc.

New Victoria business offers companies opportunity to outsource daycare

Kids & Company opens 100 spots at Uptown