Direct Loan Canada Blog

Stocks wobbled between small gains and losses in afternoon trading as investors continued to digest corporate earnings reports and the latest economic data.
Source: ctv business
Stocks turn choppy as investors weigh earnings, recovery

The House of Commons has approved legislation to put an end to a strike that has shut down one of Canada’s busiest ports.
Source: ctv business
House of Commons approves back-to-work legislation to reopen Port of Montreal

In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn’t been granted access to its target’s data room despite its hostile takeover offer made in February and “clear desire” to participate in the company’s strategic review process.
Source: ctv business
Brookfield Infrastructure says takeover target Inter Pipeline denying data access

This year brings a filing deadline like no other, but make no mistake, it is a deadline, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Why CRA shouldn’t delay this year’s filing deadline

Statistics Canada says retail sales rose 4.8 per cent to $55.1 billion in February, led by gains at motor-vehicle and parts dealers and gasoline stations.
Source: ctv business
Statistics Canada says retail sales up 4.8 per cent in February

The energy and technology sectors helped move Canada’s main stock index higher in late-morning trading, while the loonie continued to climb against the U.S. dollar.
Source: ctv business
Energy and tech sectors help boost stocks in Toronto as loonie climbs higher

Samsung’s founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, to help them pay a massive inheritance tax bill following last year’s death of company chairman Lee Kun-Hee.
Source: ctv business
Facing USB tax bill, Samsung heirs donate massive art trove

Conor McGregor is part of a lucrative deal to sell a two-year-old whiskey brand he helped found for US$600 million, according to multiple reports.
Source: ctv business
Conor McGregor, partners, make whiskey deal netting US0 million

A report by Retail Insider says Disney will be closing all 18 of its retail store in Canada by the end of the summer. Two have already shuttered.
Source: ctv business
Disney to close all retail stores in Canada: report

Digital streaming giant Netflix has announced it will open its first Canadian corporate office in Toronto.
Source: ctv business
Netflix to open first Canadian corporate office in Toronto