Direct Loan Canada Blog

Canadian National Railway Co. made its final pitch to a U.S. regulator for approval of a voting trust it wants to use in its proposed US$33.6-billion takeover of U.S. railway Kansas City Southern.
Source: ctv business
CN makes final pitch for regulator to approve voting trust for Kansas City Southern

Former U.S. President Donald Trump has filed suit against three of the country’s biggest tech companies, claiming he and other conservatives have been wrongfully censored.
Source: ctv business
Trump files suit against Facebook, Twitter and YouTube

As the Canadian economy emerges from more than 15 months of COVID-19 restrictions and workers begin to return to the office, experts say a wave of employee resignations could trigger labour shortages in a variety of sectors.
Source: ctv business
‘I quit’: Wave of resignations prompts concerns over labour shortage

Egyptian authorities announced the release Wednesday of a hulking shipping vessel that had blocked the Suez Canal for nearly a week earlier this year.
Source: ctv business
Suez Canal releases hulking vessel after settlement deal

Gains in the industrial and base metal sectors helped lift Canada’s main stock index higher in late-morning trading as the price of oil fell and the loonie dropped below 80 cents US.
Source: ctv business
S&P/TSX composite up in late-morning trading, loonie falls below 80 cents US

A prominent Black lawyer and diversity consultant from Toronto is speaking out after the Hudson’s Bay Company used her image without her permission for a campaign that supports the ‘education, employment and empowerment’ of racial minorities.
Source: ctv business
Black lawyer finds herself in Hudson’s Bay diversity campaign without her permission

Racism is harming workplace dynamics in Canada, with nearly 80 per cent of Black Canadians saying racism has damaged their relationship with their employer, according to new research released Tuesday.
Source: ctv business
Racism harms workplace relationships in Canada, CEOs expected to take action: Survey

Trials of a shorter working week in Iceland have been hailed as an ‘overwhelming success’ by researchers.
Source: ctv business
Shorter working week trials an ‘overwhelming success’ in Iceland

Oil prices were heading towards three-year highs on Tuesday, towing petrocurrencies and inflation expectations with them, after the world’s main oil producers failed to agree on production plans.
Source: ctv business
Oil nears three-year high after OPEC fireworks

Stocks fell in midday trading Tuesday, with the S&P 500 down 0.8% after notching a string of record high closes.
Source: ctv business
U.S. stocks move lower, oil prices pull back after spike