Direct Loan Canada Blog

Donald Trump’s mandate to get tough on trade is expected to be stronger in his second term as U.S. president, posing different challenges for Canada than his first four years in the White House.
Source: ctv business
Business groups say Canada needs to plan differently for Trump’s second term

The union representing more than 700 locked-out British Columbia port supervisors says talks are set to resume with employers.
Source: ctv business
Union says talks to resume in B.C. port work stoppage

The U.S. Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
Source: ctv business
U.S. Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Toronto is expected to see an economic boost to the tune of nearly $300 million thanks to Taylor Swift’s upcoming Eras Tour, which will be making a stop in Canada’s largest city for a six-show run later this month.
Source: ctv business
What will Taylor Swift’s Eras Tour mean for Toronto’s economy?

Flair Airlines has departed the Ottawa International Airport, citing “insufficient demand to compensate for the airport’s high fees.”
Source: ctv business
Flair Airlines departs Ottawa Airport

Wednesday wasn’t just a good day for Donald Trump. The wealth of the world’s 10 richest people also soared by a record amount, according to Bloomberg’s Billionaire Index.
Source: ctv business
The world’s 10 richest people got a record US billion richer from Trump’s re-election

Canadian Tire Corp. Ltd. raised its dividend as it reported a profit in its latest quarter compared with a loss a year ago when it took a large one-time charge.
Source: ctv business
Retailer Canadian Tire reports third-quarter profit, raises dividend

British Columbia port employers say they may be “required to reassess” their position on a current offer to more than 700 unionized workers as a lockout shuts down most shipping on the West Coast.
Source: ctv business
No talks scheduled in standoff between employers, union in B.C. port lockout

The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of home ownership more affordable.
Source: ctv business
BoC official warns against playing with mortgage rules to make housing affordable

Shares of Tesla soared Wednesday following an election that will send Donald Trump back to the White House, an outcome that had been strongly backed by CEO Elon Musk in the closing months of the race.
Source: ctv business
Tesla shares soar 13% as Trump win sets stage for Elon Musk’s electric vehicle company