Direct Loan Canada Blog

The founder of MyPillow, a vocal and in the past few weeks very visible supporter of U.S. President Donald Trump, says a backlash against the company has begun after a mob stormed the U.S. Capitol this month.
Source: ctv business
Stores drop MyPillow after CEO pushes election conspiracies

The CEO of Stellantis, the carmaker created from the merger of PSA Peugeot and Fiat Chrysler, said Tuesday that the tie-up will help preserve jobs, factories and the 14 storied brands as billions in annual savings are achieved.
Source: ctv business
Stellantis CEO: New company will protect jobs and brands

Sustainable investing experts say TC Energy Corp.’s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout.
Source: ctv business
TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

Goldman Sachs said its profits more than doubled from a year earlier thanks to a surge in both trading and advising revenue.
Source: ctv business
Goldman Sachs’ profits more than double, despite pandemic

Canadian wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month.
Source: ctv business
Statistics Canada says wholesale sales rose in November, manufacturing sales down

Tesla has begun rolling out locally made Model Y crossover vehicles in China, reaching an important milestone in the world’s largest auto market.
Source: ctv business
Tesla has started deliveries of the Chinese-made Model Y

Filing taxes this year may be more complicated than in years past for Canadian small business owners who received government aid during the pandemic, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes in her blog for CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Government aid wasn’t a free ride for small business owners

Stocks are ticking higher on Wall Street Tuesday, recovering some of last week’s losses to pull closer to their record highs.
Source: ctv business
Wall Street’s momentum swings back as stocks, yields tick up

Alberta Premier Jason Kenney and Saskatchewan Premier Scott Moe are urging U.S. President-elect Joe Biden to meet with Canadians and reconsider his reported decision to cancel the Keystone XL pipeline quickly after taking office.
Source: ctv business
Prairie premiers urge Biden to reconsider axing Keystone XL pipeline

Alberta Premier Jason Kenney is urging United States President-elect Joe Biden to reconsider his reported decision to block the Keystone XL pipeline extension when he takes office on Wednesday.
Source: ctv business
‘Show Canada the respect’: Kenney asks Biden to hear case for Keystone XL