IT World Canada Staff

Burnaby B.C.-based telecom Telus announced today it is offering to purchase the Canadian operations and facilities of beleaguered ISP (Internet services provider) PSI Net for under $100-million.

A workplace trend survey released Thursday of Canadian office workers in six of Canada's major cities suggests workers are putting in longer hours and want technology tools that will help them keep up with their larger workloads.

Telus has signed a $21-million agreement to acquire Mississauga, Ont.-based information technology infrastructure solutions provider, Arqana Technologies.

Bell Zinc Corporation announced Tuesday an agreement to acquire Onvia's Canadian operations, a Vancouver-based business-to-business (B2B) e-marketplace.

Lloyd Darlington, Bank of Montreal's technology and e-business chief, says Canada's payments system that processes 4.2 billion transactions per year involving $31.4 trillion, must respond more quickly to its highest value opportunities.

CIBC and Ahold USA, a U.S. food retail and service company, announced Monday a strategic alliance to offer electronic banking services to new customers in the United States.

Alta Terra Ventures Corp. a Linux provider, announced Monday that it has signed a letter of intent to purchase the Alberta-based software company Univolve Corporation for an undisclosed amount.

Media Metrix Canada released highlights from its April 2001 total Canada at home Web use report on Monday indicating Canadians still love surfing online.