Direct Loan Canada Blog

Many Ontario companies will soon need to disclose to staff whether they’re electronically monitoring their activities.
Source: ctv business
Many Ontario employers now need ‘electronic monitoring’ policies. Here’s what that means for workers

Losses in the energy sector helped lead a broad decline as Canada’s main stock index was down more than 200 points in late-morning trading, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite down more than 200 points in late-morning trading

The Bank of England on Tuesday expanded its efforts to stabilize the bond market to include inflation-linked bonds amid continuing concerns about the government’s budget.
Source: ctv business
Bank of England expands efforts to stabilize bond market

The third largest railroad union rejected its deal with freight railroads Monday, renewing the possibility of a strike that could cripple the economy, but before that could happen both sides will return to the bargaining table.
Source: ctv business
Large rail union rejects deal, renewing strike possibility

Britain’s Treasury chief said Monday he will bring forward the publication of the government’s full fiscal statement after facing widespread criticism for not providing details about a multibillion-pound, tax-cutting stimulus package he announced last month.
Source: ctv business
U.K. Treasury chief to publish forecasts sooner amid turmoil

A Pfizer executive with a lead role in negotiating a COVID-19 vaccine bulk supply agreement with the European Commission “categorically” ruled out that the U.S. drugmaker’s chief executive agreed the contract via mobile phone text messages.
Source: ctv business
Pfizer executive denies CEO negotiated EU COVID-19 vaccine contract via text message

Financial advisors and real-life retirees have shared their retirement advice for anyone worried about running out of money in their post-work years.
Source: ctv business
How not to run out of money in retirement

Individual travelers will be able to visit Japan without visas beginning on Tuesday, just like in pre-COVID-19 times, and electronics stores, airlines and various tourists spots have big hopes for a revival of their businesses.
Source: ctv business
Japan eager to welcome tourists from abroad amid cheap yen

World shares were mostly lower on Monday, with Chinese markets logging moderate losses after reopening from a weeklong holiday to news of more lockdowns in China due to rising COVID-19 cases.
Source: ctv business
Stocks fall broadly on Wall Street ahead of earnings reports

Former U.S. Federal Reserve chair Ben Bernanke, who put his academic expertise on the Great Depression to work reviving the American economy after the 2007-08 financial crisis, won the Nobel Prize in economic sciences along with two other U.S.-based economists for their research into bank failures.
Source: ctv business
Former U.S. Fed chair Bernanke shares Nobel for research on banks