Direct Loan Canada Blog

Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate.
Source: ctv business
Economists predict inflation dipped below 2% in September

A B.C. Supreme Court judge has ruled on a case she describes as a “bizarre mess” in a decision issued earlier this week.
Source: ctv business
Court untangles ‘bizarre mess’ that allowed Vancouver duplex owner to pay off mortgage after foreclosure, sale

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to US$157 billion.
Source: ctv business
Changing OpenAI’s nonprofit structure would raise questions about its future

Over his quarter century in the National Hockey League, Mark Messier witnessed sweeping technological changes to the game, from the advent of lighter hockey sticks to the use of video reviews.
Source: ctv business
Messier says ‘change’ is inevitable as the NHL enters streaming era on Amazon

An economist says the latest job growth numbers in Canada are ‘good news,’ but he has concerns following Statistic Canada’s report.
Source: ctv business
Job growth numbers ‘good news’ in Canada but there are concerns, according to an economist

Prime Minister Justin Trudeau says that if the next U.S. president re-opens trade negotiations for the United States-Mexico-Canada Agreement (USMCA), Canada will prioritize its own interests.
Source: ctv business
‘We’ve been here before’: Trudeau says Canada will prioritize interests in potential U.S. trade renegotiation

Prime Minister Justin Trudeau says that if the next U.S. president re-opens trade negotiations for the United States-Mexico-Canada Agreement (USMCA), Canada will prioritize its own interests.
Source: ctv business
Trump says he’ll renegotiate North America’s trade deals. Trudeau says Canada will put its interests first

Money laundering penalties levied against Toronto-Dominion Bank this week by U.S. regulators could be a drag on the bank’s stock price long-term, analysts warn.
Source: ctv business
TD money laundering fines could weigh on bank’s stock long-term, analysts warn

The music streaming service notified users this week that it will increase the cost of its ad-free monthly subscription packages before the end of the year.
Source: ctv business
Spotify plans to raise prices on its monthly streaming packages in Canada

Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced.
Source: ctv business
7-Eleven is closing more than 400 locations