Direct Loan Canada Blog

A British Columbia Supreme Court judge has ruled that businessman Frank Giustra’s lawsuit against Twitter Inc. over alleged “false and defamatory” tweets can proceed in the province.
Source: ctv business
B.C. businessman’s suit against Twitter over ‘Pizzagate’ to proceed

Bumble, the company best known for its female-centered dating app, is getting ready for its big date with Wall Street.
Source: ctv business
Bumble files for IPO

Home sales in December hit an all-time record for the month to end what was also a record year, the Canadian Real Estate Association said Friday.
Source: ctv business
Home sales hit record in 2020, Canadian Real Estate Association reports

President Xi Jinping is asking former CEO Howard Schultz of Starbucks to help repair U.S.-Chinese relations that have plunged to their lowest level in decades amid a tariff war and tension over technology and security.
Source: ctv business
Chinese president asks Starbucks’ Schultz to help repair ties with U.S.

Canada’s main stock index was down in late-morning trading as the energy and metals and mining sectors pulled back amid a drop in prices for oil and gold.
Source: ctv business
Toronto stock market down as oil and gold fall, U.S. stock markets also retreat

The Reserve Bank of New Zealand (RBNZ) on Friday said an investigation into the cyberattack that hacked its data systems earlier this week revealed it was “dealing with a significant data breach.”
Source: ctv business
N.Z. central bank says cyberattack resulted in ‘significant data breach’

Airbnb Chief Executive Officer Brian Chesky on Thursday predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities and spending more time visiting friends and family.
Source: ctv business
Airbnb CEO says travel never going back to the way it was before pandemic

Google has completed its US$2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining its power.
Source: ctv business
Google muscles up with Fitbit deal amid antitrust concerns

Parliament’s spending watchdog says the federal treasury will see a trickle of new revenue roll in faster than the government expects from changes to tax rules on employee stock options.
Source: ctv business
Revenues from tax changes on stock options to slowly ramp up over a decade, PBO says

For more than 60 years, Cuba supplied at least some rice, milk, beans, sugar, chicken, electrical power and even cigarettes to its people nearly free of cost regardless of whether they worked, allowing many to survive without a job or depend solely on remittances.
Source: ctv business
Cuba tweaks socialist model to encourage work amid crisis