Direct Loan Canada Blog

Postmedia Network Canada Corp. says Jamie Irving has resigned as executive chair of the media conglomerate’s board.
Source: ctv business
Executive chair Jamie Irving resigns from Postmedia board

Twitter needs to do more work to fall in line with the European Union’s tough new digital rulebook, a top EU official said after overseeing a “stress test” of the company’s systems in Silicon Valley.
Source: ctv business
Is Twitter ready for Europe’s new Big Tech rules? EU official says it has work to do

Honda is recalling nearly 1.2 million vehicles in the U.S. because the rear view camera image may not appear on the dashboard screen.
Source: ctv business
Honda recalls nearly 1.2M U.S. vehicles due to possible rear camera image issues

Canadian Pacific Kansas City says it will collaborate with U.S. railway CSX Corp. to develop additional hydrogen-powered locomotives.
Source: ctv business
CPKC to partner with U.S. railway CSX Corp. on hydrogen locomotives

While most consumers believe in rewarding companies that accurately deliver on sustainability promises, a new study suggests their trust is lacking in the ‘green’ claims made by brands.
Source: ctv business
Deloitte study suggests Canadians lack trust in brands’ sustainability claims

Microsoft on Thursday will try to gain clearance to complete a $69 billion takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators that will reshape a pastime that’s bigger than the movie and music industries combined.
Source: ctv business
Microsoft, U.S. regulators head to court over -billion deal that could reshape video gaming

Facing an audience packed with world leaders and finance officials in suits, Ugandan climate activist Vanessa Nakate silenced the room, then made everyone listen to some uncomfortable facts.
Source: ctv business
Climate activist Nakate urges rich countries to cancel debt, grant climate finance at Paris summit

A former Goldman Sachs investment banker was convicted of insider trading charges Wednesday after a weeklong trial.
Source: ctv business
Ex-Goldman Sachs investment banker convicted of insider trading charges

Canada Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the wholesale price of bread in Canada.
Source: ctv business
Canada Bread fined M for role in bread price-fixing scandal

The Bank of Canada’s governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data.
Source: ctv business
BoC debated waiting until July to hike rates, but says data prompted it to act sooner