Direct Loan Canada Blog

Air Canada says it will pause all operations of its Rouge aircraft indefinitely and lay off 80 employees starting Feb. 8.
Source: ctv business
Air Canada to suspend Rouge operations indefinitely, lay off 80 employees

BCE Inc. is launching what executives call the biggest investment program in the company’s history as it speeds up plans for its 5G and fibre networks.
Source: ctv business
BCE plans to spend billion to double 5G coverage over two years

If you’re looking to save a bit of money on takeout, you may want to skip certain food delivery apps.
Source: ctv business
After provincial cap, popular food delivery app quietly adds ‘B.C. fee’ to bills

The CEO of Suncor Energy Inc. says it will not increase capital spending this year despite higher oil prices, instead vowing to spend any increases in cash flow on debt repayment and share buybacks.
Source: ctv business
Suncor Energy restarts carbon emission cutting projects despite vow of austerity

Cryptocurrency dogecoin has an important fan — Elon Musk, who has 45 million followers on Twitter and more money than any other person on the planet.
Source: ctv business
Dogecoin surged more than 50 per cent after Elon Musk tweets

The Scottish parliament on Wednesday rejected a call for the government to investigate how Donald Trump funded his purchase of two golf courses in Scotland, a request dismissed as ‘pathetic’ by one of the former U.S. president’s sons.
Source: ctv business
Scottish parliament rejects call for Trump wealth order

Stocks moved higher in early trading on Thursday, helped by strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus for the millions of Americans who need it.
Source: ctv business
Solid company earnings and hopes for aid send stocks higher

Investor optimism fuelled a four-day run to start the month that culminated Thursday in Canada’s main stock index setting a record high.
Source: ctv business
Four-day rally pushes S&P/TSX composite to record high, U.S. stock markets also climb

The global business consulting firm McKinsey & Company has agreed to a US$573 million settlement over its role in advising companies on how to ‘supercharge’ opioid sales amid an overdose crisis, a person with knowledge of the deal told The Associated Press on Wednesday.
Source: ctv business
McKinsey to pay 3M for role in opioid crisis: AP source

It could ‘easily be ten years’ before Canada’s youth recover economically from the pandemic, highlighting the need for them to be made an ‘explicit focus group’ by the government, experts say.
Source: ctv business
‘Easily’ a decade before Canada’s youth recover economically from pandemic, experts say