Direct Loan Canada Blog

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45 per cent by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.
Source: ctv business
Court orders Royal Dutch Shell to cut net emissions by 45 per cent

BMO Financial Group says recent changes to mortgage stress test rules and the cooling of prices and sales in some regions may moderate the country’s housing market.
Source: ctv business
New stress test may moderate housing, push buyers to seek more affordable homes: BMO

Canada Post has informed 44 of its large business customers that information relating to more than 950,000 customers was compromised after one of its suppliers fell victim to a malware attack.
Source: ctv business
Canada Post informs 44 large business customers of data breach affecting 950K customers

The messaging app WhatsApp has sued the Indian government seeking to defend its users’ privacy and stop new rules that would require it to make messages ‘traceable’ to external parties.
Source: ctv business
WhatsApp sues Indian government over new internet rules

A new report by Statistics Canada says job losses due to the COVID-19 pandemic have been consistently more severe for women than for men.
Source: ctv business
Statistics Canada report says pandemic job losses hit women harder than men

Ford expects 40 per cent of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them.
Source: ctv business
Ford: Electric vehicles to be 40 per cent of global sales by 2030

With the warmer weather upon us and grilling season in full swing, Canadians may have noticed their grocery bill at the meat counter has been a little harder to swallow as of late. Here’s why.
Source: ctv business
Hold the burger: Here’s why meat prices are heating up in Canada

Canada’s main stock index posted a triple-digit advance on a broad-based rally while U.S. stock markets also climbed higher.
Source: ctv business
S&P/TSX composite posts triple-digit advance in broad rally, U.S. markets also rise

Algoma Steel in Sault Ste. Marie is merging with an American acquisition firm that specializes in taking over industrial companies and taking them public.
Source: ctv business
Canadian steelmaker Algoma Steel to go public with B takeover deal with American firm

Amazon was hit Tuesday with an antitrust suit from the U.S. capital city Washington, claiming the tech giant abuses its dominant position in online retail sales, harming consumers.
Source: ctv business
Amazon hit with antitrust suit in U.S. capital city