Direct Loan Canada Blog

In a deal Ottawa hopes will help jump-start Canada’s biomanufacturing industry and better secure its supply chain for future public health emergencies, Merck Canada is partnering with Thermo Fisher Scientific to manufacture its COVID-19 antiviral drug, molnupiravir, in Canada for global distribution.
Source: ctv business
Merck Canada to manufacture COVID-19 antiviral drug in Canada for global distribution

Stocks rose on Wall Street Monday, led by banks and a mix of travel-related companies that stand to benefit from more reopening of the economy.
Source: ctv business
Stocks rise broadly on Wall Street, travel companies rebound

For blueberry farmers in Abbotsford’s Sumas Prairie, decades of hard work were washed away with one fatal blow from Mother Nature.
Source: ctv business
Lengthy road to recovery lies ahead for Sumas Prairie blueberry farmers

The Trans Mountain Pipeline restarted Sunday, but the B.C. government says it’s not yet ready to lift a fuel-rationing order for the southwestern part of the province.
Source: ctv business
Trans Mountain Pipeline has restarted, but B.C. gas rationing will remain in place for now, province says

Small businesses across Canada are feeling the crunch of a tight labour market and supply chain challenges.
Source: ctv business
‘All our margins are gone’: Supply chain challenges squeeze small businesses

Canada’s tight labour market is forcing many companies to offer regular COVID-19 testing over vaccine mandates, while others are reversing previously announced inoculation requirements even as Omicron variant cases rise.
Source: ctv business
Canadian employers, facing labour shortage, accommodate the unvaccinated

Workers at the Cargill beef-processing plant in High River, Alta. approved a new contract with 71 per cent support, avoiding a strike or lockout.
Source: ctv business
Strike action avoided at Cargill beef plant in High River, Alta.

The Trans Mountain Pipeline plans to reopen Sunday for the first time since the devastating storm that struck B.C. in mid-November.
Source: ctv business
Trans Mountain Pipeline set to restart Sunday after nearly 3-week shutdown caused by storm

Women in Canada are becoming more pessimistic about gender equality in the workplace, with a majority feeling the pace of change has been slow despite more awareness and they still aren’t being offered the same opportunities as men, according to a recent survey.
Source: ctv business
Canadian women less optimistic about gender equality at work, survey finds

Goldman Sachs has cut its outlook for U.S. economic growth to 3.8 per cent for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus.
Source: ctv business
Goldman Sachs cuts U.S. GDP growth forecast for 2022 over Omicron fears