Direct Loan Canada Blog

A new study has found the businesses in North America’s gay villages were hit harder by the COVID-19 pandemic than those owned by members of the LGBTQ2S+ community elsewhere.
Source: ctv business
Businesses in Canadian, American gay villages struggle amid pandemic: study

Porter Airlines could shake up the Canadian airline industry after announcing plans to launch jet service to destinations in Canada, the U.S. and the Caribbean with an order for up to 80 aircraft with a list price of US$5.8 billion.
Source: ctv business
Porter could shake up Canadian airline industry with jet expansion from Toronto’s Pearson airport

The Bank of Canada has named Carolyn Rogers as its new senior deputy governor.
Source: ctv business
Bank of Canada names Carolyn Rogers as new senior deputy governor

Nordstrom says it’s acquiring a minority interest in four fashion brands owned by a British company called Asos as the department store chain aims to attract more customers in their 20s.
Source: ctv business
Nordstrom buys minority share in 4 U.K. fashion brands

The Canada Pension Plan Investment Board says it has invested US$800 million in the Flipkart Group, an online retailer in India.
Source: ctv business
CPP Investments invests US0 million in India’s Flipkart Group

Canada’s main stock index edged lower in late-morning trading as the energy, technology and industrial sectors fell.
Source: ctv business
S&P/TSX composite edges lower in late-morning trading, U.S. stock markets up

Tesla CEO Elon Musk took the witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a shareholder lawsuit that claims Musk was to blame for a deal that was rife with conflicts of interest and failed to produce the profits he had promised.
Source: ctv business
Elon Musk, on witness stand, defends SolarCity acquisition

Tesla founder Elon Musk took to a witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims he’s to blame for a deal that was rife with conflicts of interest and never delivered the profits he’d promised.
Source: ctv business
Musk on trial: Defends SolarCity, calls lawyer ‘bad human’

Funeral home directors believe the pandemic will spur widespread adoption of technology in the industry, and said many clients now expect a high quality video product to go alongside the event.
Source: ctv business
Funeral home industry expected to embrace video technology post pandemic

China on Sunday said it will take ‘necessary measures’ to respond to the U.S. blacklisting of Chinese companies over their alleged role in abuses of Uyghur people and other Muslim ethnic minorities.
Source: ctv business
China vows retaliation after U.S. blacklists companies