Direct Loan Canada Blog

Halloween is still weeks away, but retailers are hoping you’ll start your holiday shopping now.
Source: ctv business
Holiday shopping gets early start with October Prime Day

European Union countries on Tuesday approved a series of guidelines including a ‘traffic-light’ system aimed at facilitating free movement across the bloc and avoiding further travel disruption during the coronavirus pandemic.
Source: ctv business
EU countries adopt common travel guidelines amid pandemic

The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
Source: ctv business
IMF envisions a sharp 4.4 per cent drop in global growth for 2020

Operators of Canada’s conference centres, airports and stadiums are joining a global rush to be certified as pandemic-resistant while they compete for events and visitors that will bring billions of dollars in economic benefits for their cities.
Source: ctv business
Canadian conference centres, airports, stadiums join rush for anti-pandemic status

Unemployment in the U.K. spiked higher in August, a clear sign that the jobless rate is heading towards levels not seen in 30 years as a government salary-support program ends this month and new local restrictions are imposed to suppress a resurgence of the coronavirus.
Source: ctv business
U.K. unemployment ascent accelerates amid winter job fears

Canada’s main stock index was down in late-morning trading on losses in the energy, financial and mining sectors.
Source: ctv business
S&P/TSX composite down as energy, financials and miners slip, U.S. stocks mixed

Americans who own stocks are pulling further away from those who don’t, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to be in that not-as-fortunate group that isn’t in the stock market.
Source: ctv business
Stocks are soaring, and most Black people are missing out

As prices rise in the suburbs of major Canadian cities, telecommuting workers are looking further afield than what would be typically considered a ‘comfortable’ commute.
Source: ctv business
As suburban homes get big-city price tags, longer commutes look like better deals

Carnival Cruise Line said Monday it was cancelling its remaining cruises scheduled for November out of two Florida ports, as well as five cruises from Australia at the beginning of next year.
Source: ctv business
Carnival Cruise Line cancels Florida, Australia trips

A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID-19 harder.
Source: ctv business
Global watchdog proposes tax overhaul for Big Tech