The Vancouver Stock Exchange (VSE) was a stock exchange located in Vancouver, Canada that operated from January 29, 1989 until January 29, 2002. The VSE was established as an alternative to the Toronto Stock Exchange and was designed to provide a venue for the listing and trading of smaller, emerging companies in the natural resource, technology, and other growth sectors.The VSE became known for its focus on resource-based companies, including mining, oil and gas, and technology, and was often referred to as the "junior" exchange. Over the years, the VSE attracted many small-cap and start-up companies looking to raise capital and establish a public presence.However, the VSE faced a number of challenges throughout its history, including declining trading volumes and a lack of investment capital. The exchange ultimately merged with the Canadian Venture Exchange (CDNX) in 2001 to form the Canadian Securities Exchange (CSE), which remains in operation today.In conclusion, the Vancouver Stock Exchange (VSE) was a stock exchange located in Vancouver, Canada that operated from 1989 to 2002. It was established as an alternative to the Toronto Stock Exchange and was known for its focus on resource-based and technology companies. The VSE ultimately merged with the Canadian Venture Exchange to form the Canadian Securities Exchange.