Direct Loan Canada Blog

Without citing a reason, the Delaware judge overseeing a voting machine company’s US$1.6 billion defamation lawsuit against Fox News announced late Sunday that he was delaying the start of the trial until Tuesday.
Source: ctv business
Judge delays trial over Fox News and 2020 election lies

Canadian Pacific Railway is leading cleanup and track repairs following a freight train derailment and fire in Maine, officials Sunday.
Source: ctv business
Cleanup begins after freight train derailment, fire in Maine

Royal LePage is forecasting that the average price of a home in Canada will increase 4.5 per cent in the fourth quarter of 2023, compared to the same quarter in 2022. This revised forecast anticipates an earlier-than-expected boost in activity in major housing markets across Canada.
Source: ctv business
Royal LePage changes year-end forecast following boost in housing market activity

French President Emmanuel Macron’s unpopular plan to raise France’s retirement age from 62 to 64 was enacted into law Saturday, the day after the country’s constitutional body approved the change.
Source: ctv business
Macron’s unpopular pension plan enacted into French law

Former U.S. president Donald Trump says he’s not making much money from his social media network but estimates it is worth between US$5 million and US$25 million, according to his personal financial disclosure form filed Friday.
Source: ctv business
Trump reports little income from Truth Social, USM from NFTs

Bank of Canada governor Tiff Macklem says the financial system has to adjust to higher interest rates, just like the rest of the economy.
Source: ctv business
Financial system has to adjust to higher interest rates, Macklem says

Employee health is taking an increasing toll on workforce productivity, according to Manulife’s Wellness Report, which calculated an average of 48 days lost per employee in 2022.
Source: ctv business
An average of 48 work days were lost to health-related absences in 2022: Manulife

David’s Bridal, one of largest sellers of wedding gowns in the United States, is laying off thousands of workers nationwide, according to a notice filed to the Pennsylvania Department of Labor.
Source: ctv business
David’s Bridal laying off over 9,000 workers

Hungary’s prime minister sought to bring down the temperature on spiralling tensions between his government and the United States, declaring Friday that the U.S. is Hungary’s “friend” despite sanctions Washington imposed on a Budapest-based Russian bank.
Source: ctv business
Hungary’s Orban calls US a ‘friend’ despite sanction on bank

Hungary’s prime minister sought to bring down the temperature on spiralling tensions between his government and the United States, declaring Friday that the U.S. is Hungary’s “friend” despite sanctions Washington imposed on a Budapest-based Russian bank.
Source: ctv business
Hungary’s Orban calls U.S. a ‘friend’ despite sanction on bank