Direct Loan Canada Blog

During the first year of the COVID-19 pandemic, mothers working from home spent an average of two hours more each day than fathers did supervising their children while they worked, according to a new U.S. study.
Source: ctv business
Moms working from home carried heavier child care burden than dads in 2020: study

During the first year of the COVID-19 pandemic, mothers working from home spent an average of two hours more each day than fathers did supervising their children while they worked, according to a new U.S. study.
Source: ctv business
Moms working from home carried heavier child care burden than dads in 1st year of pandemic: study

Canada’s main stock index was down more than 150 points in late-morning trading as losses in the financial, technology and utility sectors helped lead the way lower and U.S. stock markets also pulled back.
Source: ctv business
S&P/TSX composite down more than 150 points, U.S. stock markets also lower

Consumer insolvencies were up 16.3 per cent in November 2022 compared with the same month the year prior, and business insolvencies were up 58.3 per cent.
Source: ctv business
Consumer insolvencies in November reach highest number since pandemic began

CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over the bank’s overtime policies, lawyers for the plaintiffs say.
Source: ctv business
CIBC agrees to settle overtime class-action lawsuit, will pay 3 million

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. technology companies to announce major job cuts as they prune payrolls that rapidly expanded during the pandemic lockdown.
Source: ctv business
Amazon to lay off 18,000 workers, Salesforce also cutting jobs

One of Winnipeg’s beloved bakeries closed down in mid-November, just short of its 100th anniversary. But now a pair of local celebrities is making sure the business stays open.
Source: ctv business
‘We can be extremely successful’: KUB Bakery saved by Winnipeg celebrities

James ‘Buster’ Corley, a co-founder of the restaurant and entertainment chain Dave & Buster’s, has died. He was 72.
Source: ctv business
James ‘Buster’ Corley, co-founder of Dave & Buster’s chain, dead at 72

Strength in the financial and technology sectors helped lead Canada’s main stock index higher in late-morning trading despite weakness in energy stocks as the price of oil fell. The S&P/TSX composite index was up 91.66 points at 19,535.43.
Source: ctv business
Financial and tech stocks help lift Canada’s main stock index, energy down as oil falls

Even with a much cooler housing market, 2023 may still present opportunities for both buyers and sellers in Canada, one real estate broker says.
Source: ctv business
Thinking of buying or selling a home in 2023? Real estate broker shares some tips