Direct Loan Canada Blog

Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only ‘anti-business but anti-Florida.’
Source: ctv business
Disney-DeSantis war of words heats up at annual meeting

Cryptocurrency companies WonderFi Technologies Inc., Coinsquare Ltd. and CoinSmart Financial Inc. have signed a deal to merge their operations to create what they say will be Canada’s largest regulated crypto asset trading platform.
Source: ctv business
Canadian crypto companies WonderFi, Coinsquare and CoinSmart announce merger

Major oil-producing countries led by Saudi Arabia said they’re cutting supplies of crude — again. This time, the decision was a surprise and is underlining worries about where the global economy might be headed.
Source: ctv business
Oil producers’ cuts could boost gasoline prices, help Russia

Rogers Communications Inc. has closed its $26-billion purchase of Shaw Communications Inc. after receiving final approval from Ottawa last week, bringing to an end two years of uncertainty as regulators scrutinized the deal.
Source: ctv business
Rogers finalizes -billion merger with Shaw after receiving government approval

Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they’re also adjusting their finances to account for a slowdown.
Source: ctv business
BoC surveys show businesses, consumers gear up for slowdown as economy softens

Teck Resources Ltd. says it has rejected an unsolicited takeover offer from Glencore.
Source: ctv business
Teck Resources rejects unsolicited takeover offer from Glencore

Saputo Inc. has signed a deal to sell two milk processing plants in Australia to supermarket giant Coles Group Ltd. for about $95 million.
Source: ctv business
Saputo signs deal to sell two milk processing plants in Australia to Coles Group

The rules governing Canada’s first-time homebuyers savings account came into force April 1, allowing prospective homebuyers to start saving for up to 15 years once they open an account, with an annual $8,000 deposit cap and a lifetime contribution limit of $40,000.
Source: ctv business
What you need to know about the first-time homebuyers savings account

The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS.
Source: ctv business
Swiss prosecutors probe Credit Suisse ahead of UBS takeover

Canada’s main stock index was up nearly 100 points in late-morning trading, helped higher by strength in energy stocks after Saudi Arabia and other major oil producers announced surprise cuts on the weekend.
Source: ctv business
Energy stocks help lift S&P/TSX composite higher as oil prices rise