Direct Loan Canada Blog

Statistics Canada says a preliminary estimate shows manufacturing sales rose 0.6 per cent in October.
Source: ctv business
Flash estimate shows manufacturing sales up 0.6 per cent in October

Suncor Energy Inc. says it has agreed to become the operator of the Syncrude project by the end of 2021, as long as each of the joint venture’s owners grants formal approval.
Source: ctv business
Suncor agrees to begin operating Syncrude by end of next year

The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.
Source: ctv business
Dow crests 30,000 points on vaccine hopes, Biden transition

Retailers across Calgary are reporting higher than normal pre-Christmas crowds, as consumers rush to get their in-person shopping done ahead of any potential new COVID-19 restrictions.
Source: ctv business
Sensing imminent lockdown, Alberta shoppers flood the stores

The Bay says it will close its flagship location on Queen Street Tuesday after leaving it open Monday, despite a provincial lockdown in effect in Toronto and Peel Region.
Source: ctv business
Hudson’s Bay will close flagship store in Toronto after staying open Monday despite lockdown

Loblaw Companies Ltd. is expanding the launch of its mobile health and wellness app, a free digital tool the company says will help Canadians navigate the health-care system.
Source: ctv business
Loblaw expands launch of PC Health app, offering access to nurses, dietitians

A Quebec judge has ordered Hudson’s Bay Co. to pay rent at several of its department stores in the province, saying the retailer cannot take the law into its own hands.
Source: ctv business
Quebec judge orders Hudson’s Bay to pay rent to landlords at multiple shopping malls

Germany’s coalition government has agreed to a mandatory quota for women on the boards of listed companies.
Source: ctv business
Germany will require companies to put women executives on their boards

Cineworld, which last month closed its cinemas in the U.S. and the U.K., has secured more than $750 million of new financing that it hopes will see it through the coronavirus pandemic.
Source: ctv business
Cineworld secures financial help until hoped-for reopening

The energy and metals and mining sectors helped boost Canada’s main stock index in early trading, while U.S. stock markets also climbed higher.
Source: ctv business
North American stock markets up in early trading to start the week