Direct Loan Canada Blog

Air Canada says travellers should be prepared for further flight disruptions as it works to return service to normal following a technical malfunction Thursday.
Source: ctv business
Air Canada says to expect further travel disruptions following Thursday’s IT issues

Investors proposing a class action lawsuit have accused Tesla CEO Elon Musk of insider trading and manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
Source: ctv business
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

The wildfires plaguing residents in Alberta and Nova Scotia are part of a larger trend that’s driving up the cost of home insurance as extreme weather becomes more common, insurance experts say.
Source: ctv business
Wildfires, other extreme weather driving insurance costs up over time: experts

As more Canadians pass their family cottages down to the next generation, ‘major shifts’ in the ownership of recreational homes will occur, according to Re/Max. But amid concerns around the cost of housing, some may be wondering whether they can afford to keep that family cottage. Here’s what younger generations need to know about inheriting a recreational property and the market today.
Source: ctv business
‘Torch has been passed’: What younger generations need to know about inheriting a family cottage

Stocks are rallying Friday after a strong report on the U.S. job market suggested a recession may not be as close as Wall Street had feared.
Source: ctv business
Stock market today: Wall Street rallies after strong jobs report, Dow jumps 500

Warning of a new threat to global food security, the United Nations said Thursday that Russia is limiting the number of ships allowed to pick up Ukrainian grain at Black Sea ports in its campaign to get Kyiv to open a pipeline for a key ingredient of fertilizer to get to world markets.
Source: ctv business
UN warns of new threat to global food security after Russia limits Ukraine grain shipments

Suncor Energy Inc. will cut 1,500 jobs by the end of the year, as new CEO Rich Kruger forges ahead with his mandate to reduce costs and improve the company’s lagging financial performance.
Source: ctv business
Suncor to cut 1,500 jobs by end of year, employees informed Thursday

Ontario has committed to paying a third of the cost to save a $5-billion electric vehicle battery plant in Windsor, Ont., premier Doug Ford said Thursday.
Source: ctv business
Ontario commits to cover 1/3 cost of Stellantis deal, Ford urges feds to close deal

Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned Thursday.
Source: ctv business
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns

The head of Ontario’s cannabis distributor says the ‘race to the bottom’ happening with pot prices risks hurting the market’s future.
Source: ctv business
Cannabis price ‘race to the bottom’ hurts market’s future: OCS CEO