Direct Loan Canada Blog

U.S. President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of colour.
Source: ctv business
Biden boosts pandemic lending to smallest businesses

Canada’s biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.
Source: ctv business
Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week

Moet Hennessy is acquiring a 50 per cent stake in rapper and entrepreneur Jay-Z’s Champagne brand in an effort to up its cool factor and expand distribution.
Source: ctv business
Moet Hennessy buys 50 per cent stake in Jay-Z’s Champagne brand

A recommendation by Boeing to ground certain Boeing 777s should not affect Canadian airline fleets, as no domestic carriers use planes with the type of engine that blew apart after a 777 takeoff from Denver over the weekend.
Source: ctv business
Air Canada, other domestic carriers don’t use grounded 777 engines

In a significant defeat for former U.S. president Donald Trump, the Supreme Court on Monday declined to step in to halt the turnover of his tax records to a New York state prosecutor.
Source: ctv business
U.S. Supreme Court won’t halt turnover of Trump’s tax records

Boeing has recommended that airlines ground all 777s with the type of engine that blew apart after takeoff from Denver this weekend, and most carriers that fly those planes said they would temporarily pull them from service.
Source: ctv business
Boeing: 777s with engine that blew apart should be grounded

Stocks fell in late morning trading on Monday, adding to the declines that started last week as investors continue to be concerned about rising interest rates and the potential for inflation down the road.
Source: ctv business
Stocks fall as investors mull inflation concerns, recovery

United Airlines is removing all of its Boeing 777 planes currently in service that are powered by Pratt & Whitney 4000 series engines after the Federal Aviation Administration called for stepped-up inspections.
Source: ctv business
United Airlines removing 24 Boeing 777s from service after Denver incident

New research offers data to support what many have noticed: Businesses owned by women have been hardest hit by the COVID-19 pandemic.
Source: ctv business
‘It feels like I’m drowning’: Women-owned businesses hit harder by pandemic

The Pathways to Shipbuilding program is a collaboration between Nova Scotia Community College, Irving Shipbuilding and government and community partners. It is free for students, with Irving contributing up to $1.5 million a year to cover tuition and other fees.
Source: ctv business
‘We all stand on the same ground’: Nova Scotia shipbuilding program seeks to draw marginalized groups into industry