Direct Loan Canada Blog

Disgraced Theranos CEO Elizabeth Holmes has been rebuffed in her attempt to stay out of federal prison while she appeals her conviction for the fraud she committed while overseeing a blood-testing scam that exposed Silicon Valley’s dark side.
Source: ctv business
Theranos’ Elizabeth Holmes loses bid to stay out of prison

Ford Motor Co. has revealed some details of its plan to spend $1.8 billion on its Oakville Assembly Complex to turn it into an electric vehicle production hub.
Source: ctv business
Ford Motor Co. provides details on plans to spend .8B in Oakville to produce EVs

While a drop in home prices is making some Canadians feel optimistic, others are still feeling uncertain as they rearrange their home-buying plans, according to a new RBC poll.
Source: ctv business
Instability in housing market leaving Canadians with mixed feelings: RBC poll

With tax season upon us, experts say it’s best to take a hard look at your finances before deciding what to do with your tax refund — and they emphasize there is no one-size-fits-all approach for everyone to take.
Source: ctv business
‘Ask a lot of questions’ before deciding what to do with your tax refund: experts

Hungary signed new agreements Tuesday to ensure its continued access to Russian energy, a sign of the country’s continuing diplomatic and trade ties with Moscow that have confounded some European leaders amid the war in Ukraine.
Source: ctv business
Hungary forces new energy deals with Russia amid Ukraine war

The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks.
Source: ctv business
IMF: Prolonged high inflation dims outlook for world economy

Strength in the energy and base metal stocks helped Canada’s main stock index gain more than 100 points in late-morning trading, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite up more than 100 points as energy and base metal stocks climb

Cybersecurity experts say they aren’t surprised by the revelation contained within a package of leaked U.S. intelligence documents suggesting Russian-backed hackers successfully gained access to Canada’s natural gas distribution network.
Source: ctv business
Oil and gas sector routinely targeted by cyber attackers, experts say

The top ranks of Scotiabank will have another new face as the bank said Monday that Francisco Aristeguieta will lead the bank’s international division.
Source: ctv business
Scotiabank picks new head of international banking from outside ranks

Thinking of quitting your nine-to-five job to pursue other life interests? Here’s how to plan your exit without suffering financially.
Source: ctv business
‘Step-back culture’: How to effectively plan quitting your nine-to-five job