Direct Loan Canada Blog

U.S. stocks are slipping in midday trading on Tuesday, as Wall Street nears the end of a tumultuous month, bruised by worries about a possible recession, inflation and rising interest rates.
Source: ctv business
Stocks slip on Wall Street as messy May comes to a close

Experts predict the Bank of Canada will likely announce another major interest rate boost Wednesday as it tries to rein in runaway inflation.
Source: ctv business
Bank of Canada expected to jack up interest rates as inflation persists

The federal government is announcing nearly $247 million to help create more than 25,000 apprenticeship positions in the skilled trades across Canada.
Source: ctv business
Ottawa announces 7 million to create 25,000 apprenticeship positions across Canada

Nearly all the wheat sold in Somalia comes from Ukraine and Russia, which have halted exports through the Black Sea since Moscow waged war on its neighbour on Feb. 24. The timing could not be worse: The UN has warned that an estimated 13 million people were facing severe hunger in the Horn of Africa region as a result of a persistent drought.
Source: ctv business
War in Ukraine adds to food price hikes, hunger in Africa

European Union leaders gathered Monday in a new show of solidarity with Ukraine, but divisions over whether to target Russian oil in a new series of sanctions are exposing the limits of how far the bloc can go to help the war-torn country.
Source: ctv business
EU leaders divided over Russia oil embargo, spy a solution

Asian stocks rose Monday after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing.
Source: ctv business
Asian stocks rise after Wall Street breaks string of declines

A recent survey of Gen Z and millennials around the world has found that many young people are deeply concerned with their financial futures, with nearly half living paycheque-to-paycheque.
Source: ctv business
Almost half of Gen Z and millennials living paycheque-to-paycheque, global survey finds

The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect.
Source: ctv business
U.S. proposal could change the way oil companies report their carbon footprint

A Florida judge on Saturday gave initial approval to a settlement of more than US$1 billion to families who lost loved ones in the collapse last year of a Florida beachfront condominium building in which 98 people died.
Source: ctv business
Judge gives initial OK to USB deal in Florida condo collapse

The NRA is on the ropes after a series of costly financial scandals and lawsuits. And an ascendant gun control movement has poured tens of millions of dollars into political campaigns to counter their message.
Source: ctv business
As U.S. mourns shootings, NRA in turmoil but influence remains