Direct Loan Canada Blog

The Canadian economy started off the year with a remarkable recovery from the COVID-19 pandemic, but heading in 2023, high interest rates are expected to take a significant toll.
Source: ctv business
After a strong year for the economy, 2023 will be shaped by high interest rates

Canada’s main stock index was up more than 150 points on the last day of trading before Christmas, while U.S. markets were also on the sunny side after a dramatic slide Thursday on both sides of the border.
Source: ctv business
S&P/TSX composite up more than 150 points, U.S. markets also up

The Canadian economy grew slightly in October with the latest reading on real gross domestic product coming in higher than expected.
Source: ctv business
Statistics Canada says economy grew by 0.1 per cent in October

Microsoft is headed for a battle with the Federal Trade Commission over whether the U.S. will block the tech giant’s planned takeover of video game company Activision Blizzard.
Source: ctv business
Microsoft will fight U.S. over US.7B Activision Blizzard deal

Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter told Reuters, as billionaire owner Elon Musk continues to slash costs.
Source: ctv business
Twitter’s top global policy official departs as layoffs continue

The cryptocurrency entrepreneur Sam Bankman-Fried can post US$250 million bond and live in his parents’ home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said Thursday.
Source: ctv business
FTX founder Bankman-Fried allowed US0M bond, house arrest

Statistics Canada says the number job vacancies fell by 4.8 per cent in October to their lowest level since August 2021.
Source: ctv business
Statistics Canada says job vacancies down in October, lowest level since August 2021

Swedish clothing retailer H&M says it has pulled Justin Bieber merchandise from its stores after the pop singer blasted the chain alleging they used his likeness without approval.
Source: ctv business
H&M says it has pulled Justin Bieber merchandise after pop singer’s protest

Everything from the signboard outside down to the napkins bears the official emblem of the top international coffee chain. But in Baghdad, looks are deceiving: The ‘Starbucks’ in the Iraqi capital is unlicensed.
Source: ctv business
Real coffee, but a fake ‘Starbucks’ in piracy-ridden Iraq

As the first phase of Canada’s single-use plastics ban comes into force, CTVNews.ca looks at how restaurants and grocery stores have been phasing out disposable bags, cutlery, and packaging.
Source: ctv business
How fast food chains, grocery stores are responding to Canada’s plastics ban