Direct Loan Canada Blog

China’s Foreign Ministry confirmed on Monday that an assistant for the financial news service Bloomberg has been detained on suspicion of activities endangering national security.
Source: ctv business
China confirms detention of Bloomberg news assistant

Canada’s main stock index was little changed in late-morning trading as gains in the technology, industrial and utility sectors were offset by losses in the energy and metals and mining stocks, while U.S. stock markets surged higher.
Source: ctv business
S&P/TSX composite little changed, U.S. stock markets surge higher

A new Research Co. poll has found 80 per cent of Canadians currently working from home want to continue to do so after the pandemic ends. This is a significant jump from an April poll that found 65 per cent wanted the option after the pandemic.
Source: ctv business
Most Canadians who started working from home because of COVID-19 want to keep doing so after the pandemic

Teetering on the brink of a no-deal Brexit departure, Britain and the European Union stepped back from the void Sunday and agreed to continue trade talks, although both downplayed the chances of success.
Source: ctv business
Going ‘the extra mile’: U.K., EU keep up Brexit trade talks

Cutbacks to Atlantic Canada’s airline industry are expected to have devastating effects on the region’s airports as fewer travellers fly out east, and interprovincial workers could see the brunt of those cuts this holiday season.
Source: ctv business
Cutbacks expected to have ‘catastrophic’ impact on Atlantic airports

A subpoena seeking documents from Hunter Biden asked for information related to more than two dozen entities, including Ukraine gas company Burisma, according to a person familiar with a U.S. Justice Department tax investigation of President-elect Joe Biden’s son.
Source: ctv business
Hunter Biden subpoena seeks info on Burisma, other entities

Leading COVID-19 vaccine developer AstraZeneca agreed on Saturday to buy Boston pharmaceutical firm Alexion for US$39 billion.
Source: ctv business
COVID-19 vaccine developer AstraZeneca agrees to buy rare disease firm Alexion for US billion

A quarter of the 200 sugar shacks in Quebec that serve traditional Quebecois meals are no longer in business and another quarter of these establishments have changed their facilities forever to produce syrup only, a new study revealed.
Source: ctv business
A quarter of Quebec’s sugar shacks have closed permanently, as the industry is ‘drowning:’ report

As retail restrictions in every province limit in-person shopping to various degrees, shoppers are rapidly shifting online. With two weeks left before Christmas, many Canadian businesses say lockdown measures are putting their livelihoods in jeopardy.
Source: ctv business
Ontario businesses say they’re in jeopardy as holiday shopping plummets

The Canadian Transportation Agency is seeking input from the public about requests by airlines to weaken regulations that protect airline passengers.
Source: ctv business
Canadian Transportation Agency seeks input on proposed changes to airline rules