Direct Loan Canada Blog

Leaders and negotiators from the European Union and the United Kingdom intensified their struggle Tuesday to get a trade deal past the New Year’s Day finish line, as EU nations looked at legal options to do it without formal European Parliament backing.
Source: ctv business
EU-U.K. leaders seek way out of Brexit trade impasse

A new survey suggests legal cannabis storefronts are making inroads when it comes to Canada’s consumption of the drug.
Source: ctv business
More Canadians choosing legal stores for pot purchasing, survey finds

The federal government is directing the Canadian Transportation Agency to strengthen rules that require airlines to refund passengers for cancelled flights.
Source: ctv business
Airline watchdog ordered to develop new rules for flight cancellation refunds

A surging demand in home renovations during the COVID-19 pandemic has caused a shortage of home appliances, meaning some customers are waiting months for delivery.
Source: ctv business
High demand for appliances has some waiting months for delivery

Air Canada says it has temporarily suspended flights between Canada and the U.K. in keeping with a government directive issued Sunday.
Source: ctv business
Air Canada suspends flights between Canada, U.K. after warning about new virus strain

Canopy Growth Corp. has signed a deal valued at $297 million that will see it give up its ownership in Canopy Rivers Inc., which it established as a venture capital firm to invest in the cannabis sector.
Source: ctv business
Canopy Growth signs deal valued at 7M to give up stake in Canopy Rivers

Tesla’s shares have skyrocketed, rising about 700% this year alone. Monday morning it joined the prestigious S&P 500 index with a market value of over $600 billion. It’s the largest addition in the history of the index.
Source: ctv business
High-flying Tesla joins S&P 500; skeptics say buyer beware

Monday was Tesla’s first day of being included in the prestigious S&P 500, and it didn’t go well. Shares tumbled 6.5% to $649.86 even though the index as a whole lost only 0.4%.
Source: ctv business
High-flying Tesla stock takes a hit on first day in S&P 500

North American stock markets moved lower in late-morning trading as the price of oil sank and the Canadian dollar fell against the U.S. dollar amid coronavirus worries.
Source: ctv business
North American stock markets down in late-morning trading, oil and loonie fall

Problems increased Monday for the attempt to secure a trade deal between the European Union and the United Kingdom before a Brexit transition period ends on New Year’s Day, with the EU legislature insisting the drawn-out negotiations left lawmakers without enough time to approve a deal.
Source: ctv business
EU-U.K. trade talks slog on past another Brexit deadline