Direct Loan Canada Blog

Top European Union officials on Friday urged member countries to swiftly submit plans for how they would use their share of the bloc’s massive coronavirus recovery fund so that the sorely-needed money can be released starting this summer.
Source: ctv business
EU aims to release virus recovery fund billions by summer

Air Canada posted a staggering $1.16 billion loss in the fourth quarter of 2020, a result that caps off what the company’s chief executive called the bleakest year in aviation history.
Source: ctv business
Air Canada posts ‘bleak’ financial results as Transat deal comes through

Stocks edged higher in afternoon trading on Friday, as Wall Street looks to close a wobbly week of trading.
Source: ctv business
Stocks edge higher as Wall Street looks to close wobbly week

Canada’s main stock index moved past a one-day blip to resume its upward trend as crude oil approached US$60 a barrel.
Source: ctv business
S&P/TSX composite rebounds from one-day blip as crude oil approaches US a barrel

Amazon workers who say they work under challenging conditions are organizing the biggest unionization push at the company since it was founded in 1995.
Source: ctv business
Amazon faces biggest union push in its history

Air Canada has been cleared by the federal government to take over Air Transat, Transport Canada announced Thursday.
Source: ctv business
Feds approve Air Canada takeover of Air Transat

The panel that evaluates international trade disputes in the United States has squashed a complaint about Canadian blueberries.
Source: ctv business
Canadian blueberries pose no peril to American producers, U.S. trade commission says

For a CEO who receives no salary, Elon Musk’s 2020 payday reached sky-high levels. 2021 and 2022 could be nearly as lucrative for him.
Source: ctv business
Elon Musk, the world’s richest man, is about to get a whole lot richer

The head of Cineplex Inc. is ready to turn Canada’s multiplexes into temporary COVID-19 vaccination sites.
Source: ctv business
Cineplex CEO says cinemas ‘could help in a big way’ as potential vaccination sites

Tim Hortons is modernizing its drive-thru experience and improving its core menu items in a bid to win over customers as the economy starts to reopen, executives with the restaurant’s parent company say.
Source: ctv business
In bid to win market share, Tim Hortons modernizing drive-thrus, upgrading menu items