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Struggling Vancouver-based online auto dealer granted creditor protection

Struggling Vancouver-based online auto dealer granted creditor protection

Canada Drives restructuring its business model in the face of rapidly rising inventory costs and other auto industry complications
Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.

Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.

Ritchie Bros. Auctioneers Inc. announced it has closed its acquisition of U.S. firm IAA Inc. after a contentious few months that saw shareholders divided over the deal.
Ten Vancouver-based companies receive $26M to expand to global markets

Ten Vancouver-based companies receive $26M to expand to global markets

The federal funding aims to help leading B.C. businesses accelerate their growth and compete globally
Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Amazon employed about 10,000 workers in B.C. as of last year
Ballard posts big net loss for 2022

Ballard posts big net loss for 2022

Lower revenues blamed on poorer than expected performance in China
New Canadian biotech hub to be led by Â鶹´«Ã½Ó³»­researchers

New Canadian biotech hub to be led by Â鶹´«Ã½Ó³»­researchers

They want to respond to future public health emergencies within 100 days.
Canadian tech sector expects collapse of SVB to have 'chilling' effect on investments

Canadian tech sector expects collapse of SVB to have 'chilling' effect on investments

TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

VANCOUVER — Ritchie Bros. Auctioneers Inc. says its shareholders approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday that caps months of criticism since the acquisition was announced in November.
Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
B.C. innovation minister and Â鶹´«Ã½Ó³»­mayor head south on trade mission

B.C. innovation minister and Â鶹´«Ã½Ó³»­mayor head south on trade mission

Pair stopping in Austin, San Francisco in hopes of landing an anchor company