Direct Loan Canada Blog

The smoke from British Columbia’s raging wildfires could be tainting the grapes used in the province’s famed wine industry.
Source: ctv business
Smoke from B.C. wildfires could taint the province’s grapes for wine

Canadian Pacific Railway Ltd. has sweetened its takeover offer for Kansas City Southern with a US$31 billion bid for the U.S. railway.
Source: ctv business
CP Rail makes sweetened bid for Kansas City Southern valued at USB including debt

India’s government is repealing a controversial tax law under which it pursued billions of dollars from international companies for their past dealings and hopes that scrapping the retrospective levy boosts investor confidence.
Source: ctv business
India voids law that sought billions in retrospective taxes

Gains in the energy sector, helped by a rise in the price of oil, led Canada’s main stock index higher in late-morning trading while U.S. stock markets were mixed.
Source: ctv business
Energy sector leads S&P/TSX composite higher as oil rises, U.S. stock markets mixed

On CTVNews.ca, chief financial commentator Pattie Lovett-Reid takes inspiration from the success of Canada’s Olympics athletes to offer advice on how you can become a financial champion.
Source: ctv business
Pattie Lovett-Reid: It takes Olympian discipline to become a financial champion

South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president.
Source: ctv business
South Korea to release Samsung scion on parole

Businesses large and small, from McDonald’s and Home Depot to local yoga studios, are reinstituting mask mandates as U.S. coronavirus cases rise. Bars, gyms and restaurants across the country are requiring vaccines to get inside.
Source: ctv business
Weary U.S. businesses confront new round of mask mandates

A U.S. federal judge has temporarily blocked a Florida law that prevents cruise lines from requiring passengers to prove they’re vaccinated against COVID-19, saying the law appears unconstitutional and won’t likely hold up in court.
Source: ctv business
Judge: Norwegian cruises can require proof of COVID-19 vaccination

Stocks edged lower on Wall Street as investors review the latest corporate earnings reports and cautiously watch the latest virus surge for its impact on economic growth.
Source: ctv business
Tech, energy stocks lead major indexes lower in U.S. trading

The Canadian business community appears to be largely supportive of the Quebec government’s move to impose the country’s first vaccine passport system.
Source: ctv business
Canadian business community largely supportive of vaccine passport system