Direct Loan Canada Blog

Canada’s main stock index ended a record week by moving to within 100 points of a new milestone on a broad-based rally led by health care and commodities.
Source: ctv business
S&P/TSX composite ends another record week on rally led by cannabis, commodities

In a victory for large internet and phone companies, Canada’s telecommunications regulator has reversed a 2019 decision to drop wholesale internet rates.
Source: ctv business
CRTC backtracks on wholesale internet rates, reverts to 2016 levels

The biggest names in tech are locked in an increasingly tense stand-off with India over strict new social media rules they fear will erode privacy, usher in mass surveillance and harm business in the world’s fastest growing market.
Source: ctv business
Silicon Valley is in a high-stakes standoff with India

Federal officials say Boeing will pay at least US$17 million and take steps to fix production problems on its 737 jets including the Max.
Source: ctv business
Boeing to pay US million to settle plane production issues

For hours, French investigators on Thursday questioned fugitive former auto magnate Carlos Ghosn in the Lebanese capital as a witness in a probe over Renault’s pollutant emissions, according to two Lebanese officials.
Source: ctv business
Ghosn testifies to French investigators in Renault probe

U.S. pharmacy chain CVS is helping President Joe Biden’s push to get 70% of Americans vaccinated against COVID-19 by Independence Day, promising customers prizes ranging from tropical cruises to a trip to Super Bowl LVI if they get shots.
Source: ctv business
U.S. pharmacy CVS throws in tropical trips, Super Bowl tickets in vaccine push

European Union nations sketched out plans Thursday for new sanctions against Belarus, targeting economic sectors close to its authoritarian leader, as they sought to strike back at him for the diversion of a passenger jet to arrest a dissident journalist.
Source: ctv business
EU weighs Belarus sanctions at sectors close to leader

Gap will begin selling a new home goods line exclusively through Walmart’s website next month under a multiyear partnership.
Source: ctv business
Gap expands into home under new partnership with Walmart

Canada’s main stock index was in record territory as strength in the base metal and energy sectors helped it climb higher, while U.S. stock markets also rose.
Source: ctv business
S&P/TSX composite in record territory, U.S. stock markets also climb

Bolivia’s former interior minister has been arrested in the U.S. for allegedly taking part of $602,000 in kickbacks from Florida-based businessmen accused of selling tear gas at inflated prices to the conservative government of former interim President Jeanine Anez.
Source: ctv business
Ex-official in Bolivia charged for bribes in tear gas deal