Direct Loan Canada Blog

Shopify Inc. shareholders voted to solidify founder and CEO Tobi Lutke’s voting power for as long as he is at the company andensurehe, his family and affiliates will hold 40 per cent of the company’s voting power.
Source: ctv business
Shopify shareholders approve new voting rights for CEO Tobi Lutke, stock split

Canada’s main stock index climbed higher in late-morning trading, led by gains in the energy sector as the price of oil moved up.
Source: ctv business
Energy stocks help lift S&P/TSX composite index as U.S. stock markets also rise

Hundreds of striking Molson Canada workers have rejected an offer from the beverage company, keeping more than 400 employees on the picket lines and bar owners with less on tap.
Source: ctv business
Striking Molson workers reject offer as picket lines stretch into 11th week

It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink of an economic abyss that threatens to tear it apart.
Source: ctv business
Sri Lanka holds its breath as new PM fights to save economy

Teck Resources Ltd. says it is moving to protect 14,000 hectares of wildlife habitat in Canada and Chile.
Source: ctv business
Teck moves to protect 14,000 hectares of wildlife habitat in Canada and Chile

Elon Musk is threatening to walk away from his US$44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
Source: ctv business
Elon Musk threatens to walk away from Twitter deal

Authorities in Bangladesh struggled Monday to determine the cause of a devastating fire that killed at least 41 people, including nine firefighters, and injured more than 100 others at a shipping container storage depot, as experts raised concerns over the country’s industrial safety standards.
Source: ctv business
Depot fire latest to spotlight Bangladesh industrial safety

Cryptocurrency scammers have stolen over US$1 billion from 46,000 people since the start of 2021, a new Federal Trade Commission report says.
Source: ctv business
US billion has been lost in cryptocurrency scams since 2021, FTC warns

Ann Turner Cook, whose cherubic baby face was known the world over as the original Gerber baby, has died. She was 95.
Source: ctv business
Ann Turner Cook, original Gerber baby, dies at 95

The price of gasoline is expected to reach up to $2.11 or more per litre in some parts of Canada this weekend as prices continue to rise, according to Dan McTeague, president of Canadians for Affordable Energy.
Source: ctv business
Gas prices expected to jump to a record high over the weekend: expert