Direct Loan Canada Blog

United Airlines will pay more than US$49 million to avoid criminal prosecution and settle civil charges of defrauding the U.S. Postal Service in the delivery of international mail.
Source: ctv business
United Airlines will pay US million to settle air mail fraud case

Beyond Meat has inked two new major new deals, with McDonald’s and Yum Brands, that will bring new plant-based items to fast food menus.
Source: ctv business
Beyond Meat strikes partnerships with McDonald’s and Yum Brands

The federal government ran a deficit of $248.2 billion through the first nine months of its 2020-21 fiscal year as spending soared due to the pandemic.
Source: ctv business
Federal deficit hits 8.2 billion for first nine months of 2020-21 fiscal year

The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he decided to travel to the United Arab Emirates, where he arranged to be vaccinated against COVID-19.
Source: ctv business
Head of Canada’s largest pension plan resigns after receiving COVID-19 vaccine in Dubai: memo

Stocks wobbled between small gains and losses on Wall Street Friday as gains by technology stocks offset a slide in banks and energy companies.
Source: ctv business
Stocks wobble between gains and losses as bond yields ease

Canada’s main stock index slumped Friday as shares of miners, energy companies and financial firms flagged, while investors eyed bonds and interest rate trends.
Source: ctv business
S&P/TSX composite falls as commodities, financials struggle

Canada should prepare for the next pandemic by investing in the necessary infrastructure to be able to produce vaccines domestically, says Canadian stem cell biologist and Moderna co-founder, Derrick Rossi.
Source: ctv business
Canada should invest in facilities to make vaccines for next pandemic, says Moderna co-founder

No Black or Indigenous women are on track for executive roles in many of the country’s biggest companies, according to the first national survey of its kind in Canada.
Source: ctv business
In most big companies, no Black or Indigenous women on track for top jobs: survey

Best Buy said Thursday that it laid off 5,000 full-time store workers earlier this month, even as the company’s sales soared during the pandemic as homebound people bought laptops, TVs and other gadgets.
Source: ctv business
Best Buy cuts 5,000 jobs, including 750 in Canada

Ontario has lagged far behind other provinces in opening cannabis retail stores. That is, until recently. Regulators in that province are now issuing 30 new authorizations a week. The pace of openings raises questions journalist Patrick Cain explores on CTVNews.ca: How many legal weed stores can Canadian customers actually keep in business?
Source: ctv business
As more and more cannabis stores open, some ask: How many can stay in business?