Direct Loan Canada Blog

Tesla CEO Elon Musk is asking on Twitter whether he should sell 10 per cent of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires like him.
Source: ctv business
Elon Musk asks Twitter if he should sell some Tesla stock

Canadian fashion retailer Le Chateau will relaunch online in November, the company announced Friday on social media.
Source: ctv business
Canadian fashion retailer Le Chateau set to relaunch in November

A public hearing on a proposed expansion of an iron ore mine on the northern tip of Baffin Island in Nunavut is to conclude today in Iqaluit with closing remarks from communities closest to the mine site.
Source: ctv business
Hearing on Baffinland’s proposed expansion of Nunavut mine to wrap up in Iqaluit

Monday’s reopening of the Canada-U.S. land border is sparking a mixed reaction among Canadian business leaders: They’re excited that people and not just goods will be crossing the border again but are wary of remaining red tape.
Source: ctv business
Business greets Canada-U.S. border opening as glass half full due to testing rule

Insurers for several current and former Boeing board members will pay more than $230 million to settle a lawsuit that accused the directors of failing to address safety warning signs before two of the company’s Max jetliners crashed.
Source: ctv business
Boeing settles with funds that sued after 737 Max crashes

Telus Corp. added a whopping 320,000 customers in its third quarter, an all-time quarterly record that helped drive higher revenue and profit and prompted the telecom giant to raise its dividend.
Source: ctv business
Telus adds record number of customers, raises quarterly dividend amid higher profits

With more Canadians willing to quit their jobs during the COVID-19 pandemic, CTVNews.ca wants to hear from workers about why they chose to leave and what they’re doing instead.
Source: ctv business
Did you change jobs during COVID-19? We want to hear from you

Attorneys general in 11 states filed suit Friday against U.S. President Joe Biden’s administration, challenging a new vaccine requirement for workers at companies with more than 100 employees.
Source: ctv business
11 states file suit against Biden’s business vaccine mandate

Canopy Growth Corp. pushed back its profitability target as it reported a $16.3 million loss in its second quarter.
Source: ctv business
Canopy Growth delays profitability target after reporting .3M loss in Q2

Canada Goose Holdings Inc. beat estimates for quarterly revenue in its latest earnings even while its profit dipped compared to a year ago amid higher online sales and early wholesale orders.
Source: ctv business
Canada Goose beats quarterly revenue estimates, pushing up share price