Direct Loan Canada Blog

With countless Canadians struggling to afford high housing costs, some have decided to relocate to countries where accommodation and other essential items cost less. CTVNews.ca heard from several of these Canadians, many of whom say they hope the lower prices will have a positive impact on their overall quality of life.
Source: ctv business
‘I’m done with Canada’: High cost of living leads some to leave the country

TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday.
Source: ctv business
TikTok needs to do more to comply with Europe’s new digital rules, official says

Canada’s inflation rate is coming down, but the relief being felt by consumers is largely centred around the gasoline pump.
Source: ctv business
Inflation relief felt largely at Canada’s gas pumps

Grocery prices remain elevated despite an overall inflation decrease in June, pinching Canadians’ pockets as they shop the fresh fruit, vegetable, meat and bakery aisles.
Source: ctv business
These are the foods costing you more, according to the latest inflation report

Canada’s main stock index was up more than 100 points in late-morning trading as gains in the energy stocks helped lead the way higher, while U.S. stock markets were mixed.
Source: ctv business
Energy stocks help boost S&P/TSX composite, U.S. stock markets mixed

Amazon and Apple were fined a total of 194 million euros (US$218 million) Tuesday for colluding to box out competitors by favouring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said.
Source: ctv business
Spain fines Apple and Amazon US8 million for elbowing out small retailers

After losing a parent or both parents, the last thing most children want to hear is that they have to take on debts owed by their parents. While this doesn’t happen often, it’s a very real possibility, especially if the parents don’t take proper measures to keep assets safe from creditors. Personal finance commentator Christopher Liew explains.
Source: ctv business
Do you inherit debt from your parents?

Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range.
Source: ctv business
Canada’s inflation rate tumbles to 2.8 per cent, but economists warn inflation fight not over

Metro grocery store workers in the Greater Toronto Area are gearing up to strike as early as tonight, as bargaining continues between the retailer and some 3,700 employees.
Source: ctv business
Toronto area Metro grocery workers could strike as soon as tonight: Unifor

Microsoft and British regulators sought more time from a court Monday as the U.S. tech company uses a rare second chance to overcome opposition to its $69 billion bid for video game maker Activision Blizzard.
Source: ctv business
Microsoft and U.K. regulators want more time to work on billion Activision deal