Direct Loan Canada Blog

When it comes to getting a mortgage, a car loan or any other type of credit, your credit score is the most important determining factor, and a personal finance expert says it’s important to regularly keep tabs on your score.
Source: ctv business
Credit cards and credit scores: An expert’s counter-intuitive advice?

Poland’s new agriculture minister vowed Wednesday to introduce detailed quality controls on the massive inflow of grain from Ukraine transiting through the country, and to ensure its efficient transport abroad. The move follows protests by angry Polish farmers, who say they face bankruptcy because of a glut of cheap Ukrainian grain.
Source: ctv business
Poland to test quality of Ukraine grain amid farmer protests

Cineplex Inc. says it does not expect to recover any material amount from U.K.-based Cineworld Group PLC, its once-suitor which owes the Toronto movie theatre chain $1.24 billion.
Source: ctv business
Cineplex doesn’t expect to recoup any material amount of the .24B owed by Cineworld

The software that underpins the second-biggest crypto coin ether is due for a software upgrade on Wednesday that will give investors access to more than US$30 billion of the digital tokens.
Source: ctv business
Ethereum upgrade to unlock over USB in crypto tokens

Germany’s government presented scaled-back plans Wednesday to liberalize the country’s rules on cannabis, including by decriminalizing possession of limited amounts and allowing members of nonprofit ‘cannabis clubs’ to buy marijuana for recreational purposes.
Source: ctv business
Germany scales back cannabis liberalization after EU talks

Switzerland’s lower house of parliament issued a searing — though symbolic — rebuke Wednesday of an emergency plan spearheaded by the executive branch to prop up embattled Credit Suisse and shepherd it into a takeover by Swiss banking rival UBS.
Source: ctv business
Credit Suisse rescue rebuked by half of Swiss parliament

Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruitafter massive layoffs.
Source: ctv business
Musk says Twitter is roughly breaking even, has 1,500 employees

Governor of the Bank of Canada Tiff Macklem says the central bank is prepared to raise the policy rate even further as it attempts to bring inflation back to its 2 per cent target in 2024.
Source: ctv business
Macklem not ruling out future BoC rate hike to get to 2% inflation target

Ahead of the Bank of Canada’s next interest rate decision, one chief market strategist said he expects the central bank to hold rates while acknowledging current risks in the economy.
Source: ctv business
Bank of Canada between ‘a rock and hard place’ ahead of rate decision: Strategist

Exhausted Toronto condo residents impacted by blaring music are preparing to push for the city to prevent nightclubs from operating close to residential buildings at a review this month.
Source: ctv business
Exhausted condo residents living near nightclub in Toronto pushing for more rules