Direct Loan Canada Blog

The Federal Court of Appeal has ruled that Alberta has the right to control the amount and destination of oil and other fuels flowing through its pipelines.
Source: ctv business
Federal Court of Appeal upholds Alberta right to turn-off-the-taps legislation

GameStop shares have gone ballistic this year, surging more than 800 per cent thanks to love from Reddit fans betting on a turnaround for the video game retailer. Now, GameStop has cashed in with a sale of more than US$550 million in stock.
Source: ctv business
GameStop cashes in on Reddit surge with big stock sale

As cases and deaths soar, Turkey’s president has instructed people to stay home for nearly three weeks and shut down many businesses as part of the country’s strictest COVID-19 measures yet.
Source: ctv business
Full COVID-19 lockdown adds to financial strain in Turkey

Small businesses in the U.S. fueled demand for delivery, helping UPS post better-than-expected earnings and revenue for the first quarter of the year.
Source: ctv business
UPS stock hits all-time high on soaring demand for delivery

Amazon has started to vaccinate thousands of its warehouse and delivery workers, contractors and their families in Washington state and plans to host more vaccination clinics to inoculate its employees.
Source: ctv business
Amazon launches employee vaccinations in Washington state

Lumber prices in North America have reached levels unseen before, driving up the cost of home renovations and general contracting services across Canada.
Source: ctv business
What soaring lumber prices mean for your home renovation

Federal Labour Minister Filomena Tassi tabled a bill Tuesday morning to end the strike by more than 1,000 workers at the Port of Montreal.
Source: ctv business
Federal government tables bill to end strike at Port of Montreal

You work hard for your money, and now is the time to ensure your money is working hard for you, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Getting the most out of your tax refund

Strength in the energy sector helped lift Canada’s main stock index higher as the price of oil was up in late-morning trading.
Source: ctv business
Energy sector helps lift S&P/TSX composite as price of oil climbs higher

Emergent BioSolutions’ stock lost more than half of its value since the disclosure that it ruined as many as 15 million doses of Johnson & Johnson’s COVID-19 vaccine at its Baltimore plant. But the company’s CEO dumped more than US$11 million worth of stock ahead of the stock’s massive decline.
Source: ctv business
A U.S. vaccine maker ruined 15 million doses. Its CEO sold US million of stock before that was public