Direct Loan Canada Blog

Canadian retail giant Loblaw is launching a new health and wellness app in Atlantic Canada that will eventually be available nationwide and include virtual physician care and a digital pharmacy.
Source: ctv business
New Loblaw health app links loyalty points to wellness achievements

Canadian manufacturing sales fell 2.0 per cent to $52.4 billion in August, weighed down by a drop in the transportation sector, Statistics Canada said Friday.
Source: ctv business
Manufacturing sales fall 2.0 per cent in August, Statistics Canada says

British Prime Minister Boris Johnson said Friday that the U.K. must prepare for a no-deal break with the European Union unless there is a ‘fundamental’ change of position from the bloc, as the two sides swapped blame for failing to strike a trade deal with just weeks until the end-of-year deadline.
Source: ctv business
U.K. says EU trade talks ‘over’ but bloc sees room for a deal

Air Canada chief executive Calin Rovinescu will retire next year after leading the company for more than a decade, with the airline’s longtime No. 2 set to inherit the role as the industry faces a once-in-a-generation crisis.
Source: ctv business
Air Canada CEO Calin Rovinescu to retire next year, Michael Rousseau named successor

Canada’s main stock index edged lower in late-morning trading amid losses in the telecommunications and mining sectors, while U.S. stock markets marched higher.
Source: ctv business
S&P/TSX composite edges lower as U.S. stock markets rise, loonie climbs

Canada’s main stock index closed modestly lower on Friday as new COVID-19 restrictions around the world weighed on oil prices.
Source: ctv business
S&P/TSX composite edges lower as oil, gold prices slip

General Motors’ Cruise autonomous vehicle unit says it will pull the human backup drivers from its vehicles in San Francisco by the end of the year.
Source: ctv business
GM to run robot cars in San Francisco without human backups

The global economy’s recovery from the pandemic recession is tentative and uneven and ‘marked by significant uncertainty’ as confirmed coronavirus cases spread in many countries, international finance ministers warned Thursday.
Source: ctv business
IMF warns global economy could be permanently scarred

A senior official at the Bank of Canada says central banks should have their own digital currency ready as an alternative if they decide to say no to one being developed by Facebook.
Source: ctv business
Central banks must have digital currency alternative if Facebook’s Libra blocked: BoC

Cyprus’ parliamentary speaker has resigned after an undercover news report allegedly caught him on tape promising to help circumvent the country’s rules on granting citizenship to foreign investors.
Source: ctv business
Cyprus House speaker quits over citizenship for sale scandal