Direct Loan Canada Blog

Porter Airlines says it will restart flight services to Canadian destinations beginning on Sept. 8 after more than a year of closures.
Source: ctv business
Porter Airlines to restart flight services to Canadian, U.S. destinations in September

Saputo Inc. has signed a deal to buy British cheesemaker Wensleydale Dairy Products Ltd. for $39 million.
Source: ctv business
Saputo acquires British cheesemaker Wensleydale for million

Canada’s main stock index was up in late-morning trading helped by broad-based gains, while the loonie also edged higher against the U.S. dollar.
Source: ctv business
S&P/TSX composite up in late-morning trading, loonie also creeps higher

Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit.
Source: ctv business
Scale, details of massive Kaseya ransomware attack emerge

TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more than US$15 billion in damages from the United States, claiming the US government breached its free trade obligations when it revoked the permit for the project.
Source: ctv business
Energy company wants US billion from the Biden administration for blocking the Keystone XL pipeline

The Suez Canal Authority on Sunday said it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway for nearly a week earlier this year.
Source: ctv business
Suez Canal says deal reached to free seized vessel

As of this April, the TMX Group said 25 companies on the Toronto Stock Exchange and the TSX Venture Exchange held initial public offerings in 2021. That’s up from 17 throughout all of 2020 and 18 in 2019.
Source: ctv business
IPOs booming as Canadian companies refuse to let crisis deter them from going public

Six months after the attack on the U.S. Capitol, many corporate companies have resumed funneling cash to political action committees that benefit the election efforts of lawmakers whether they objected to the election certification or not.
Source: ctv business
6 months after Capitol assault, corporate pledges fall flat

A ransomware attack paralyzed the networks of at least 200 U.S. companies on Friday, according to a cybersecurity researcher whose company was responding to the incident.
Source: ctv business
Ransomware hits hundreds of U.S. companies, security firm says

Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend.
Source: ctv business
Ransomware attack before U.S. holiday leaves companies scrambling