Direct Loan Canada Blog

Millions of drivers are still waiting for their rebate cheques issued when gas prices reached record highs in British Columbia, and although prices continue to climb, they shouldn’t expect anything more in the mail.
Source: ctv business
2.64M B.C. drivers still waiting for gas rebate announced in March

Gasoline prices dropped about 12 cents a litre overnight in Ontario and are down across much of Canada after a big dip in the price of crude oil this week that analysts say could be linked to recession fears.
Source: ctv business
Gasoline prices drop as recession fears rise, refiner margins narrow

Canada is headed towards a moderate recession, but the economic contraction is expected to be short-lived compared to previous recessions, economists with Royal Bank of Canada predict.
Source: ctv business
Canada recession: It’s coming, RBC predicts, but how long will the downturn last?

4 Day Week Global, a nonprofit foundation associated with Oxford University, is piloting a six-month trial of a four-day workweek. More than three dozen companies in the U.S. and Canada are participating in the experiment.
Source: ctv business
Are 4-day workweeks, flexible hours the future of full-time?

A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia’s invasion of Ukraine, the United Nations Development Program said in a report Thursday.
Source: ctv business
More than 70M people are now in poverty because of inflation: UN

Canada’s main stock index was up more than 250 points in late-morning trading, led higher by strength in the base metal and energy sectors, while U.S. stock markets also pushed higher.
Source: ctv business
S&P/TSX composite up more than 250 points in late-morning trading

Air Canada said on Wednesday it will not allow animals in the baggage hold until Sept. 12 due to ‘longer than usual’ delays at airports, as carriers and airports wrestle with complaints over lost luggage and long lines.
Source: ctv business
Air Canada temporarily bans pets from baggage hold over delays

As gas prices slightly trend down this week after some of the highest national averages seen in recent months, some Canadians may be thinking twice before planning their usual summer road trip plans. CTVNews.ca looks at how drivers can save at the pumps while travelling.
Source: ctv business
Planning a road trip? Here’s how to save money on gas this summer

The Boring Company has launched a way for customers to pay for rides on Loop, its Las Vegas transit system, with the cryptocurrency Dogecoin.
Source: ctv business
Elon Musk’s company to accept Dogecoin to ride on Las Vegas transit system

The Canada Mortgage and Housing Corporation says residential mortgage debt grew by nine per cent last year compared with a year earlier for the fastest pace of growth since 2008.
Source: ctv business
CMHC says residential mortgage debt grew last year by fastest pace since 2008