Direct Loan Canada Blog

Marineland has registered to lobby the Ontario government with the goal of selling the park.
Source: ctv business
Marineland registers to lobby Ontario government with goal of selling

Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc’s Google.
Source: ctv business
Microsoft to invest more in OpenAI as tech race heats up

More landlords are taking Twitter to court over unpaid rent at the social media company’s headquarters in San Francisco and its British offices — the latest legal headaches for billionaire owner Elon Musk, who has been trying to slash expenses.
Source: ctv business
Twitter faces lawsuits over unpaid rent for U.S. HQ, U.K. office

Over the past few years, several companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets. In a span of less than 12 months, nearly all of the biggest of those companies have failed spectacularly.
Source: ctv business
Crypto firms acted like banks, then collapsed like dominoes

Across the country, there’s a silent frustration brewing about an age-old practice that many say is getting out of hand: tipping.
Source: ctv business
Is tipping getting out of control? Many consumers say yes

The French government is presenting a bill on Monday that foresees broad changes to the pension system that will notably push back the legal retirement age from 62 to 64. Unions aren’t happy, and more than 1 million people took to the streets last week to reject the measure. More strikes and protest action are planned Jan. 31, and probably beyond.
Source: ctv business
Why Macron, French unions at odds over pensions

Competition Bureau lawyers presented arguments before the Federal Court of Appeal Tuesday morning in an effort to overturn the Competition Tribunal’s approval of Rogers Communications Inc.’s proposed takeover of Shaw Communications Inc.
Source: ctv business
Competition Bureau sets out case in effort to overturn Rogers-Shaw decision

Prince Edward Island potato farmers say a new report on potato wart shows the 2021 decision to halt exports to the United States went too far, and they want remaining restrictions lifted for farms where the soil-borne fungus has not been found.
Source: ctv business
P.E.I. farmers say federal restrictions imposed to manage potato wart went too far

Japan’s finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt.
Source: ctv business
Japan warns of dire finances as BOJ struggles to contain yields

Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc. private, as he defended against claims he defrauded investors by later tweeting about his electric car company.
Source: ctv business
Elon Musk, at trial, says he was sure Saudis backed taking Tesla private