Direct Loan Canada Blog

As the clock ticked down to 2022, so too did the deadline for businesses to repay federal pandemic loans under favourable financial conditions. Then, two weeks before Christmas, Finance Minister Chrystia Freeland said the deadline would be extended. Now, businesses are wondering how long they have to repay, and what the rules are.
Source: ctv business
Business is up heading into 2022, but so too are worries about paying off COVID-19 debt

Hunting guides, hit hard by COVID-19 restrictions on travel keeping foreign customers out of the country, are turning to ecotourism, including wildlife viewing, snowmobiling and guided hikes, to keep their business alive during the pandemic.
Source: ctv business
Hunting guides turn to ecotourism as COVID-19 keeps American hunters away

Keeping the virtual holiday magic going, Zoom-bombing Santas are back, and more eager than ever
Source: ctv business
Zoom Santas are back and eager as ever

It started in the 30s, came back in the 50s and was huge in the 70s, but who goes roller skating in 2021?
Source: ctv business
‘It’s cool’: Alberta’s only public roller rink is now open in Edmonton

The National Labour Relations Board confirmed a vote Friday to form a union at a Starbucks store in Buffalo, meaning the coffee retailer, for the first time, will have to bargain with organized labor at a company-owned U.S. store.
Source: ctv business
Labour board certifies first union at a U.S. Starbucks store

McDonald’s will pay US$33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the company accusing it of racial discrimination.
Source: ctv business
McDonald’s to pay Black store owner US.5M to end bias suit

Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire most known for its massive Dubai mall with an indoor ski slope, died on Friday.
Source: ctv business
Emirati mall, supermarket billionaire Majid Al Futtaim dies

The WestJet Group says Austrian Airlines CEO Alexis von Hoensbroech has been named as its next chief executive.
Source: ctv business
WestJet names Austrian Airlines CEO Alexis von Hoensbroech as next CEO

Lawyers for opposing sides in the trial of former Theranos CEO Elizabeth Holmes are expected to wrap up closing arguments Friday, paving the way for a jury to begin deliberations over criminal charges accusing her of turning her blood-testing startup into a massive scam.
Source: ctv business
Fate of Elizabeth Holmes will soon be in the hands of jurors

A lawyer for former Theranos CEO Elizabeth Holmes on Friday likened her final days running the troubled blood-testing startup to a captain valiantly trying to save a sinking ship.
Source: ctv business
Elizabeth Holmes’ fraud case heads to the jury