Direct Loan Canada Blog

Unifor members have voted to approve General Motors Canada’s plan to invest $1 billion in an electric vehicle plant in southern Ontario.
Source: ctv business
Unifor approves B General Motors deal to build electric vans in Ingersoll, Ont.

Trucks owned by U.K. shellfish firms descended on Britain’s Parliament Monday to protest the Brexit-related red tape they claim is suffocating their businesses.
Source: ctv business
U.K. seafood trucks protest at Parliament over Brexit red tape

Here’s a chronological look at the key dates in the history of the controversial Keystone XL oil pipeline.
Source: ctv business
A timeline of the controversial Keystone XL pipeline project

Transport Canada has announced that it will allow the return of Boeing Max aircraft to service in Canadian airspace on Jan. 20, concluding the government’s review process.
Source: ctv business
Canada to lift Boeing 737 MAX flight ban on Jan. 20

The annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp.
Source: ctv business
CMHC reports annual pace of housing starts down in December

Cancelling TC Energy Corp.’s Keystone XL pipeline expansion project would not only jeopardize thousands of jobs in Alberta, it would also mean the loss of billions of dollars in corporate income taxes, carbon taxes and royalties, according to energy experts.
Source: ctv business
TC Energy plans net zero emissions for Keystone XL even as project’s future in doubt

Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president.
Source: ctv business
South Korean court gives Samsung scion prison term over bribery

Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year.
Source: ctv business
World shares subdued despite strong growth data from China

Safety inspectors found more than 30 businesses violating COVID-19 safety rules during a big-box blitz across the Greater Toronto and Hamilton Area, the Ministry of Labour, Training and Skills Development said Sunday.
Source: ctv business
Ontario inspectors find 36 stores violating COVID-19 rules during big-box safety blitz

After four years of political tumult capped by his supporters’ violent attack on the Capitol, the U.S. president’s brand stands tarnished, threatening his businesses, experts say.
Source: ctv business
Trump brand tarnished after bruising presidency and U.S. Capitol attack