Direct Loan Canada Blog

Alimentation Couche–Tard Inc. and the French grocer it was courting say they have abandoned takeover talks but will consider future operational partnerships.
Source: ctv business
Alimentations Couche-Tard, Carrefour consider partnerships after takeover talks end

A tentative deal that could see General Motors Canada pour a billion dollars into Ontario’s beleaguered automotive sector could bring the province one step closer to modernizing its economy and keeping local production afloat, according to a prominent Canadian manufacturing association.
Source: ctv business
Auto sector sees hope in tentative GM deal to spend B on electric vehicle plant

As B.C. looks into limiting interprovincial travel, representatives of the province’s tourism and hospitality industry are speaking up in opposition.
Source: ctv business
Tourism industry says interprovincial travel ban would cause ‘reputational damage’ to B.C.

With Ontario’s stay-at-home order now in effect, small businesses are facing yet another challenge to staying afloat.
Source: ctv business
Stay-at-home order coupled with lockdown a double blow to small business owners

More than seven in 10 Canadians support or somewhat support barring those who don’t have proof of vaccination from businesses where people are in close contact, according to a new Nanos survey.
Source: ctv business
More than 7 in 10 Canadians support barring unvaccinated people from businesses: Nanos survey

Encrypted chat app Signal remained offline Saturday as the company dealt with technical difficulties amid a surge of new downloads as users flee WhatsApp’s new privacy terms.
Source: ctv business
Signal app goes down as users flee new WhatsApp privacy terms

Chinese technology company Huawei is backtracking on a patent application it filed for a facial recognition system intended to identify Uyghurs from other Chinese ethnicities.
Source: ctv business
China’s Huawei backtracks after filing for patent to identify Uyghur faces

Brands like Lush, Simon’s and Apple are some of the top online retailers for Canada for 2020, according to the annual Leger “WOW” study.
Source: ctv business
Did your favourite store make the top 2020 retailers list?

GM Canada says it has reached a tentative deal with Unifor that if ratified will see it invest $1 billion to transform its CAMI plant in Ingersoll, Ont., to make commercial electric vehicles.
Source: ctv business
GM Canada announces tentative deal for billion electric vehicle plant in Ontario

Canadian economists looking toward the future say 2021 could bring rapid market changes and positive job creation, but any potential growth hinges on a successful vaccine rollout.
Source: ctv business
Here’s where Canadian economists expect to see new jobs in 2021