Direct Loan Canada Blog

Canada’s main stock index rose 1.58 per cent Friday on broad-based gains while U.S. markets were all up by more than two per cent.
Source: ctv business
S&P/TSX composite gains 300 points Friday, U.S. markets up more than 2 per cent

Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row, the UN Food and Agriculture Organization said, as Russia’s war in Ukraine, drought and other factors drove up inflation and worsened hunger worldwide.
Source: ctv business
Global food prices in 2022 hit record high amid drought, war

Europe ended a bad year for inflation with some relief as price gains eased again. While the cost of living is still painfully high, the slowdown is a sign that the worst might be over for weary consumers.
Source: ctv business
Europe’s inflation slows again to 9.2%, but cost of living still high

A new study on work-life balance says flexible schedules and shorter work weeks can lead to more productive, healthy and loyal workers.
Source: ctv business
Flexible workplaces with work-life balance ‘win-win’ for workers, employers: study

The Canadian economy added 104,000 jobs in December as the unemployment rate fell slightly to 5.0 per cent, Statistics Canada said Friday.
Source: ctv business
Labour market kept roaring to end off the year with 104,000 jobs added in December

Canadian airports and airlines were absent from a global ranking of the most on-time airlines and airports by an aviation analytics firm.
Source: ctv business
No Canadian airports or airlines on most on-time ranking: analytics firm

Transport Minister Omar Alghabra says the government is looking into further strengthening passenger rights regulations following air and train transportation chaos over the holiday season that saw cancellations and delays affect Canadians.
Source: ctv business
Ottawa looking into strengthening passenger rights regulations after Sunwing blunders: minister

Sunwing has issued an apology to passengers left stranded after winter storms upended operations but says “most of our customers enjoyed their holidays with minimal disruption.”
Source: ctv business
Sunwing ‘incredibly sorry’ after holiday travel disruptions leave customers stranded

Canada’s merchandise trade balance slipped into a small deficit in November as energy exports fell amid lower prices, Statistics Canada said Thursday.
Source: ctv business
Statistics Canada reports M merchandise trade deficit for November

Bond portfolios took a beating in 2022 as interest rates climbed, but experts say investors shouldn’t neglect bonds this year as the Bank of Canada nears the end of its rate hike cycle.
Source: ctv business
Don’t neglect bonds this year despite tough 2022, experts say