ideaNation, a grassroots not-for-profit initiative launches today. The organization provides inspiration, tools and support to turn community focused ideas into action and results. The first phase of ideaNation is a website - http://www.ideanation.org.

Nortel is getting into community and municipal wireless infrastructure in a big way.

Rare Method announced it acquired Ground Level Design, a Calgary-based website development company. Terms of the cash deal were not disclosed.

Colorado Springs-based Accellos Inc., a start-up that began six months ago with US$20 million in venture capital money, announced it purchased Radio Beacon Inc. of Toronto.

The Ottawa Sun reports that the Canadian VC industry is suffering and good opportunities are being missed.

Ontario is last in growth according to RBC: For the overall Canadian economy, RBC has revised its 2006 growth forecasts downward with Ontario being sharply downgraded to last place among the provinces. Alberta and British Columbia are now in first and second place respectively, bumping Newfoundland and Labrador to third place for growth in 2006.

For the second year in a row, an online entrepreneur from British Columbia won first place in the annual "eBay Canadian Entrepreneur of the Year Awards,"

Active Control Technology Inc. today announced the publication of the first equity research report on ACT by the international investment bank Loewen, Ondaatje, McCutcheon Limited (LOM).

iseemedia Inc. has closed a non-brokered private placement raising gross proceeds of $500,000 through the issuance of an aggregate of 1,428,572 common shares at a price per share of $0.35. The proceeds will be used for working capital purposes.

iseemedia Inc. has closed a non-brokered private placement raising gross proceeds of $500,000 through the issuance of an aggregate of 1,428,572 common shares at a price per share of $0.35. The proceeds will be used for working capital purposes.