Direct Loan Canada Blog

Air Canada is no longer acquiring Transat, the two airlines announced Friday in a statement.
Source: ctv business
Agreement reached to terminate Air Canada’s proposed acquisition of Transat

Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as sales gains of the Model 3 and Model Y offset the impact of a global shortage of parts.
Source: ctv business
Tesla’s quarterly deliveries smash previous record, beat estimates

At first glance, Deliveroo’s stock market debut should have been a runaway success. But London’s biggest IPO since 2011 was an unmitigated disaster as the stock plunged when trading started and eventually closed 26 per cent below their listing price, wiping billions off its initial market capitalization.
Source: ctv business
London needed a win. Instead it got its worst IPO in history

While Israel provides a glimpse of what may be possible with high immunization rates, it also offers insight into the problems that lie ahead: Workplaces and schools are now grappling with what to do with those who refuse to get vaccinated as the next phase in the pandemic again pits public health concerns against individual rights and possibly new questions of equity.
Source: ctv business
Israel’s dilemma: Can the unvaccinated return to workplaces?

The maritime traffic jam on both ends of the Suez Canal eased further on Friday, four days after the dislodging of a massive containership that had blocked the waterway, a canal services firm said.
Source: ctv business
Traffic jam eases further in Suez Canal after ship unblocked

Russia initially locked down a year ago, but has never fully locked down again since then. As a result, its economy and some of its businesses didn’t suffer as much as those in some countries during the pandemic. But it also has seen its mortality rates rise.
Source: ctv business
Russian entrepreneurs adapt to COVID-19 lockdown challenges

World shares were higher in listless trading Friday after a broad rally pushed the S&P 500 past 4,000 points for the first time.
Source: ctv business
World shares higher after S&P 500 tops 4,000 points

Canadian Pacific Railway is facing scant opposition so far over its US$25-billion bid for Kansas City Southern in a turn of events from prior takeover efforts.
Source: ctv business
CP Rail facing little opposition so far to deal for U.S. railway as it shows support

Recent polling from Statistics Canada indicates that people who began working from home due to the COVID-19 pandemic are just as productive as they were in the workplace, but a significant portion are working longer hours.
Source: ctv business
Canadians working from home during pandemic report productive, longer work weeks: StatCan

Canopy Growth Corp. has purchased AV Cannabis Inc. in a bid to build more brand loyalty with customers.
Source: ctv business
Canopy Growth acquires Ace Valley cannabis in bid to grow brand loyalty