Direct Loan Canada Blog

The German government will take a roughly 30 per cent stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.
Source: ctv business
German government agrees on bailout for energy supplier

Social media company Snap, which owns Snapchat, posted a quarterly net loss of $422 million, compared to a $152 million loss in the same quarter last year.
Source: ctv business
Why a social media app is dragging the market lower

Statistics Canada says the number of international travellers the country welcomed in May continued to grow steadily from pandemic lows, but still remained below 2019 levels.
Source: ctv business
International travellers up in May but below pre-pandemic levels: Statistics Canada

Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May, led higher by sales at new car dealers and gas stations.
Source: ctv business
Statistics Canada says retail sales rose 2.2 per cent to .2 billion in May

Argentina will allow foreign tourists to exchange dollars at a significantly higher rate than previously available, the Ministry of Economy said on Thursday, as the country reckons with depleted foreign currency reserves.
Source: ctv business
Dollar-strapped Argentina to loosen foreign exchange rules for tourists

Russia and Ukraine signed separate agreements Friday with Turkey and the United Nations clearing the way for exporting millions of tons of desperately needed Ukrainian grain — as well as Russian grain and fertilizer — ending a wartime standoff that had threatened food security around the globe.
Source: ctv business
‘Beacon of hope’: Ukraine, Russia sign grain export deal

Stocks are drifting lower on Wall Street Friday following some discouraging readings on the global economy and another slew of profit reports from big U.S. companies.
Source: ctv business
Wall Street drifts lower as week’s rally runs out of steam

Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at US$3.9 billion, marking another expansion for the retailer into health care services.
Source: ctv business
Amazon to buy primary care provider One Medical for US.9B

The European Union imposed more sanctions on Russia over the war in Ukraine on Thursday after the bloc’s 27 members backed measures that include a ban on gold imports, further restrictions on the country’s biggest bank and tighter export controls on some high-technology goods.
Source: ctv business
EU imposes more sanctions on Moscow over Ukraine invasion

With inflation skyrocketing in Canada, many couples planning to have children may be wondering if they can still afford to. Personal finance columnist Christopher Liew shares his advice on what to consider when determining whether or not you can afford to raise a child in an exclusive column for CTVNews.ca.
Source: ctv business
How much money does it take to raise a child in Canada?