Direct Loan Canada Blog

Stocks are pushing higher on Wall Street in afternoon trading Monday and tacking more gains onto last week’s market rally, its best in three months.
Source: ctv business
Wall Street adds more gains to last week’s rally; tech leads

The government’s new financial support program for Canadians who have missed work due to the COVID-19 pandemic was temporarily sidelined by technical issues Monday, leaving many unable to apply for the Canada Recovery Benefit.
Source: ctv business
New CRA support program for COVID-19 benefits restored after technical difficulties

British Airways has replaced CEO Alex Cruz after 4 1/2 years on the job as part of a broad shake-up as the COVID-19 pandemic pummels airlines around the world.
Source: ctv business
British Airways CEO replaced as company fights for survival

Two American economists won the Nobel Prize on Monday for improving how auctions work, research that underlies much of today’s economy — from the way Google sells advertising to the way telecoms companies acquire airwaves from the government.
Source: ctv business
Two Stanford economists win Nobel prize for improving auctions

Canadian universities could lose as much as $3.4 billion this year due to the COVID-19 pandemic, Statistics Canada has projected, in large part due to a decrease in the number of foreign students.
Source: ctv business
COVID-19 could cost Canadian universities millions, even billions: Statistics Canada

Restaurants took a financial hit early on in the pandemic when COVID-19 restrictions were first put in place, but now many eateries fear the uncertain future as Ontario hotspots revert to stage two.
Source: ctv business
Struggling restaurants unsure where to turn with new pandemic restrictions in Ont. COVID-19 hotspots

Air Canada is still looking to take Transat AT under its wing despite the COVID-19 pandemic that has rocked the airline industry, but it will pay far less than originally expected.
Source: ctv business
Air Canada reaches new agreement to acquire Transat AT at a reduced price

With the cold weather moving in, the owners of Edmonton restaurants and cafes must decide if it’s worth keeping their patios open over the winter.
Source: ctv business
Winter patios? Edmonton eateries debating whether it’s worth the investment

Businesses accused of “overtly racist actions” from customers may soon see a warning on their Yelp page.
Source: ctv business
Yelp adds alerts for businesses accused of racism

Canada’s turkey farmers say the industry has taken a hit this year due to the COVID-19 pandemic, but they’re hoping Canadians will still eat the traditional meal at Thanksgiving this year, even if that means they have to buy a smaller bird.
Source: ctv business
Canada’s turkey farmers urge people to buy birds this Thanksgiving as industry takes hit