Direct Loan Canada Blog

HMV is making a comeback through Toys ‘R’ Us Canada.
Source: ctv business
HMV making comeback through Toys ‘R’ Us locations

Rogers Communications Inc. reported its fourth-quarter net income fell 35 per cent compared with a year ago as it was hit by costs related to its acquisition of Shaw Communications Inc.
Source: ctv business
Rogers hit by costs related to Shaw acquisition, reports Q4 profit down from year ago

From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Source: ctv business
Real estate receiverships on the rise as projects stall

Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk’s pay package was eye-opening.
Source: ctv business
A court rejected Elon Musk’s US.8B pay package. What is he worth to Tesla?

Rental vacancy rates are the lowest in the country leaving renters in some Canadians cities priced out. Here’s the least affordable places to rent.
Source: ctv business
Here are the 5 Canadian cities with the fewest low-cost rental units: report

Canada’s new limit on visas for international students will cool the high demand for rental units and slow the rate of rent hikes, but it won’t necessarily be a big factor in solving the country’s housing affordability crisis, observers say.
Source: ctv business
Here’s how Canada’s new foreign student visa cap could affect rents

Canada’s banking regulator has released final guidelines on how it expects banks to protect themselves against foreign interference and other risks related to integrity and security.
Source: ctv business
Federal banking regulator sets final guidelines around integrity, security

Low pandemic-era interest rates sparked a real estate boom across Canada, but in the pre-construction market there’s trouble on the horizon. An insolvency trustee explains the “double whammy” that’s coming.
Source: ctv business
Borrowed money led to a boom in pre-construction sales. It could become a problem

The Desjardins Group says it will cut its service centres and ATMs by 30 per cent before 2027.
Source: ctv business
Desjardins to cut 30% of service centres, ATMs in next three years

On Wednesday, the CEOs of Meta, TikTok, X and other social media companies are testifying before the U.S. Senate Judiciary Committee about child exploitation on their platforms, as lawmakers, families and advocates are growing increasingly concerned about the effects of social media on young people’s lives.
Source: ctv business
Meta, TikTok and other social media CEOs testify in heated Senate hearing on child exploitation