MOST telescope: Canada's first space telescope is now in orbit. The epitome of "smaller, faster, cheaper", it's the size of a suitcase and was built for C$10m. Its mission, if I'm reading the press releases right, is asteroseismology, which means studying individual stars for pulsations and resonances that can give clues to their internal structure; it should also have a chance to spot extrasolar planets.
Vancouver 2010: The 2010 Winter Olympics have just been awarded to Vancouver. Yee-ha!