Direct Loan Canada Blog

London’s Heathrow Airport is capping daily passenger numbers for the summer and telling airlines to stop selling tickets as it steps up efforts to quell travel chaos caused by soaring travel demand and staff shortages.
Source: ctv business
London’s Heathrow Airport caps daily passenger numbers

Losses in the energy sector helped lead Canada’s main stock index lower in late-morning trading as the price of oil fell below US$100 a barrel, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite down as oil falls below US0 a barrel, U.S. stock markets mixed

A Quebec man has launched a class-action lawsuit against Rogers, accusing the telecommunications giant of being negligent and ‘paralyzing the country for an entire day’ after last week’s nationwide outage.
Source: ctv business
Rogers class-action lawsuit filed in court after network outage

A new poll indicates Canadians are making increasingly tough budget decisions amid rising interest rates and inflation.
Source: ctv business
Inflation causing Canadians to make cuts to household budgets: survey

The fallout continues days after a massive system failure disrupted the Rogers network, throwing customers across the country offline last Friday and into the weekend for some. CTVNews.ca breaks down what we know about the nationwide outage.
Source: ctv business
What we know about the network system failure that led to the Rogers outage

For the first time in 20 years, the exchange rate between the euro and the U.S. dollar is nearly the same — the two currencies are less than one cent away fromFor the first time in 20 years, the exchange rate between the euro and the U.S. dollar is nearly the same — the two currencies are less than one cent away from parity. parity.
Source: ctv business
The euro and the U.S. dollar are a penny away from parity for the first time in 20 years

Source: ctv business
No fries until fall at some of McDonald’s Russian successor restaurants

Source: ctv business
Twitter hires U.S. law firm Wachtell to sue Elon Musk: sources

When Elon Musk announced his intention to buy Twitter almost 90 days ago, the world — and financial markets — looked different. Wall Street and Corporate America’s mood has changed since then and unsurprisingly, Musk wants out.
Source: ctv business
This is what doomed Elon Musk’s Twitter deal

After a sharp increase in 2021, the price of lumber has dropped immensely in 2022, which is giving one western Canadian trader optimism that a more stable market will return.
Source: ctv business
Here’s what an analyst says consumers should know about Canadian lumber prices