Direct Loan Canada Blog

Following a series of interest rate hikes, countless Canadians with variable-rate mortgages are seeing their monthly payments increase by hundreds of dollars. CTVNews.ca heard from dozens of families now struggling to make ends meet as a result.
Source: ctv business
‘Every option is on the table’ as Canadians face higher variable-rate mortgage payments

Borrowing is getting more expensive for those looking to take on a mortgage, but Canada may be facing more challenges than its G7 peers. A CTVNews.ca analysis looks at where we stand compared with other G7 nations when it comes to housing prices and indebtedness.
Source: ctv business
How Canada has taken on more mortgage debt than any other G7 nation, explained in 5 charts

Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday.
Source: ctv business
Funds vanish at bankrupt crypto exchange FTX; probe underway

Fake Twitter accounts impersonating highly-recognized companies and personalities are the latest twist in Elon Musk’s era as the new owner and CEO the company. CTVNews.ca has compiled some of the ‘verified’ fake accounts that are taking over the platform.
Source: ctv business
Here are some of the ‘verified’ fake Twitter accounts overtaking the platform

Twitter has been a bit of a mess since billionaire Tesla CEO Elon Musk took the helm, while it’s not clear if the drama is causing many users to leave, lesser-known sites Mastodon and even Tumblr are emerging as new (or renewed) alternatives.
Source: ctv business
Twitter rivals emerge as options amid Elon Musk take over

After Elon Musk announced that he plans to scrap Twitter’s ‘work from anywhere policy,’ it raises questions about the future of permanent remote work in North America and if it’s here to stay.
Source: ctv business
What is the future of working from home in Canada?

The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao warned on Friday.
Source: ctv business
Crypto CEO warns his industry faces 2008-style crisis, calls regulator scrutiny ‘a good thing’

Passengers who flew from Jamaica to Canada last week have been consoling each other in a WhatsApp group since the experience, which they say involved a plane so hot that several people fainted.
Source: ctv business
WestJet passenger recalls ‘begging and pleading’ with flight crew for relief from sweltering cabin

Minimum wage in Ontario is not enough for residents to live comfortably in any region of the province according to a new report by the Ontario Living Wage Network (OLWN).
Source: ctv business
This is how much Ontarians have to make per hour in different regions to cover living costs

Twitter’s relaunched premium service — which grants blue-check ‘verification’ labels to anyone willing to pay $8 a month — was unavailable Friday after the social media platform was flooded by a wave of impostor accounts approved by Twitter.
Source: ctv business
Twitter Blue signups unavailable after raft of fake accounts