Direct Loan Canada Blog

Bending to the political headwinds of the incoming Trump administration, Facebook and Instagram owner Meta is scrapping its third-party fact-checking program and replacing it with “community notes” written by users similar to the model used by Elon Musk’s social platform X.
Source: ctv business
Meta eliminates fact-checking in latest bow to Trump

Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.
Source: ctv business
2 bodies are found in the landing gear of JetBlue plane at Florida airport

Meta has appointed three new members to its board of directors, including Dana White, the president and CEO of Ultimate Fighting Championship and a familiar figure in the orbit of incoming U.S. president Donald Trump.
Source: ctv business
Meta’s new board includes UFC boss Dana White, a familiar figure in Trump’s orbit

The chipmaker and AI darling unveiled its GeForce RTX 50 Series desktop and laptop GPUs — its most advanced consumer graphics processor units for gamers, creators and developers. The tech is designed for use on both desktop and laptop computers.
Source: ctv business
Nvidia founder Jensen Huang unveils next generation of AI and gaming chips at CES 2025

Getty Images is buying Shutterstock to create a US$3.7 billion visual content company.
Source: ctv business
Getty Images buying Shutterstock to create a US.7 billion visual content company

Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of “substantial negotiating power” on price.
Source: ctv business
Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board

At least 1.2 million Canadians are facing a mortgage renewal in 2025, and 85 per cent of those existing home loans were contracted when the Bank of Canada’s interest rate was at or below one per cent. Here’s how some homeowners are planning to navigate the increased payments.
Source: ctv business
Canada could see a wave of mortgage renewals in 2025. Here is how some homeowners plan to navigate the payment shock.

Justin Trudeau’s decision to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet.
Source: ctv business
Prorogation upends capital gains proposal but CRA yet to offer guidance

Newfoundland and Labrador politicians are digging into the details of the province’s draft energy deal with Quebec as four days of debate begin today in St. John’s, N.L.
Source: ctv business
Newfoundland and Labrador energy deal with Quebec under scrutiny as debate opens

The United States Postal Service is resuming accepting mail and packages to Canada following the end to service disruptions from the month-long Canada Post strike.
Source: ctv business
U.S. Postal Service resumes accepting mail and packages to Canada