Direct Loan Canada Blog

Keeping up with a monthly mortgage payment is becoming more difficult by the year. When combined with increasing inflation rates, owning a home has caused some Canadians to struggle with making their payments. Contributor Christopher Liew shares some practical, simple tips to help you pay your mortgage so you don’t find yourself falling behind.
Source: ctv business
Simple tips to help you pay your mortgage (without cutting back on other essentials)

Labour shortage leading to limited hours, inflation increasing transport and raw material costs, and a rise in seltzers and other drinks have contributed to a 13.3 per cent drop in beer sales in Quebec, according to a Beer Canada report.
Source: ctv business
Quebec beer sales hit hard by crowded market, inflation, labour shortage

Weeks after launching a strike that choked the supply of liquor and cannabis products, the B.C. General Employees’ Union has paused its job action.
Source: ctv business
BCGEU pauses strike amid ongoing contract negotiations

Canadians eager to buy a home as the real estate market cools might find themselves considering micro-condos, but mortgage brokers say if you’re thinking small, prepare for extra caveats when seeking financing.
Source: ctv business
Lenders cautious about micro-condo mortgages, but financing options still plentiful

Tesla CEO Elon Musk and Twitter lobbed more accusations at each other Tuesday in the latest round of legal filings over Musk’s efforts to rescind his offer to buy the social media platform.
Source: ctv business
Musk cites whistleblower as more reason to exit Twitter deal

The first ship carrying grain from Ukraine for people in the hungriest parts of the world has docked at the Horn of Africa port of Djibouti as areas of East Africa are badly affected by deadly drought and conflict.
Source: ctv business
1st Ukraine grain ship for Horn of Africa reaches Djibouti

BMO Financial Group reported third-quarter net income of $1.37 billion, down from $2.28 billion in the same quarter a year earlier, as it took a $945-million charge related to its acquisition of Bank of the West.
Source: ctv business
BMO Financial Group reports third-quarter profit down from year ago

Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while insisting he has no intention of retiring any time soon.
Source: ctv business
Mukesh Ambani prepares to hand a US0 billion empire to his children

Gautam Adani was already Asia’s richest man. Now he’s also the world’s third richest person, overtaking LVMH chairman Bernard Arnault and becoming the first Asian person to take that spot, according to Bloomberg and its Billionaires Index.
Source: ctv business
Indian billionaire Gautam Adani is now the world’s third richest man

Canada’s main stock index was down more than 200 points in late-morning trading as losses in the energy and base metal sectors led a broad-based decline and the price of oil moved lower.
Source: ctv business
S&P/TSX composite down more than 200 points, price of oil tumbles lower