Direct Loan Canada Blog

Cineplex Inc. has struck an agreement with Hollywood film studio Universal to shorten the exclusive theatrical release window for its movies to as little as 17 days.
Source: ctv business
Cineplex agrees to shrink theatrical window to 17 days for Universal movies

Retail sales climbed more than expected in September to mark the fifth consecutive monthly increase since the record drop in April due to the pandemic, but economists warned that rising COVID-19 cases and looming restrictions could mean weakness ahead.
Source: ctv business
Statistics Canada says retail sales climbed 1.1 per cent in September

The European Union issued Friday one of its most upbeat assessments of the state of post-Brexit trade negotiations, as the talks face an ever tighter deadline for a deal to enter into force for the start of the new year.
Source: ctv business
EU gives upbeat assessment of state of Brexit trade talks

U.S. Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being run by the Federal Reserve.
Source: ctv business
Mnuchin denies trying to hinder incoming administration

U.S. stocks are pulling a bit lower in afternoon trading Friday as worries about the worsening pandemic weigh on rising optimism about a coming coronavirus vaccine.
Source: ctv business
Wall Street slips amid worries about worsening pandemic

Canada’s main stock index moved to within about five percentage points of its record high Friday on a broad-based rally involving technologies along with cyclical sectors like materials and energy.
Source: ctv business
S&P/TSX composite reached to within five per cent of record high; U.S. markets fall

New York’s attorney general has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of a broad civil investigation into the president’s business dealings, a law enforcement official said Thursday.
Source: ctv business
NY probes Trump consulting payments that reduced his taxes

One of the largest shareholders of Canada’s two main railways is calling on them to present climate plans at their upcoming annual meetings and strategies to reduce greenhouse gas emissions.
Source: ctv business
Large railway shareholder seeks CN, CP climate plans and strategies to cut emissions

Newly released data on emergency COVID-19 aid shows that some of the country’s highest income earners used a key benefit for workers.
Source: ctv business
Federal figures on COVID-19 aid provide window into who needed the help

The Brexit trade negotiations have been suspended at a crucial stage because an EU negotiator has tested positive for the coronavirus, adding new uncertainty to the talks as a deadline looms.
Source: ctv business
Brexit trade talks suspended because of COVID-19 case