Direct Loan Canada Blog

More than three years after the legalization of cannabis, municipal bans on pot retailers have left many communities across Canada without a brick-and-mortar source, while other areas are overcrowded with cannabis stores.
Source: ctv business
Pot holes: Uneven distribution of cannabis stores a challenge for industry

This year, Albertans won’t find out if there’s coal in their stockings until after Christmas.
Source: ctv business
‘It’s like Christmas’: Companies, environmentalists eager to open coal mining reports

Canada is facing alcohol shortages ahead of the holidays due to supply chain issues, a situation prompting some provincial liquor authorities to urge customers to shop early — or be prepared to try a new libation.
Source: ctv business
Holiday liquor shortages a real concern in Canada, authorities warn

Masayuki Uemura, a Japanese home computer game pioneer whose Nintendo consoles sold millions of units worldwide, has died, according to the university in Kyoto where he taught. He was 78.
Source: ctv business
Japan’s Nintendo game console pioneer Masayuki Uemura dies at 78

Law firm Koskie Minsky LLP says Daimler AG and North American Mercedes-Benz subsidiaries have agreed to pay $243 million to settle a class-action lawsuit with the owners of 83,000 diesel vehicles in Canada.
Source: ctv business
Mercedes-Benz settles Canadian class action on diesel emissions for 3 million

Better.com CEO Vishal Garg, who laid off 900 employees over a Zoom meeting that lasted less than three minutes, is taking time off from the company.
Source: ctv business
Better.com CEO is taking time off after laying off 900 employees via Zoom

Peloton stock was driven further downward on Friday following the reboot of ‘Sex and the City,’ which featured a dramatic scene involving the fitness company’s exercise bike.
Source: ctv business
Peloton shares driven down after ‘Sex and the City’ reboot

Daimler says it has agreed to settle claims in Canada that some of its diesel vehicles likely contained a ‘defeat device’ used to cheat emissions testing, an accusation the German luxury carmaker denies.
Source: ctv business
Daimler settles diesel emission claims in Canada for 7M

Shareholders voted 96.6 per cent in favour at a special meeting that lasted less than 10 minutes, paving the way for the creation of the only single-line rail network connecting Canada, the United States and Mexico.
Source: ctv business
Kansas City Southern shareholders approve takeover by CP Rail

Potato farmers in Prince Edward Island are getting financial assistance from the province nearly three weeks after shipments to the United States were suspended after the discovery of fungal potato wart.
Source: ctv business
Prince Edward Island offers financial supports for potato farmers, exporters