Direct Loan Canada Blog

Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural gas facility in the U.S., part of the Canadian company’s push to grow its LNG business as global demand soars.
Source: ctv business
Enbridge to build pipeline to service new LNG facility in U.S.

Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in ‘unlawful conduct’ aimed at sowing doubt about his bid to buy the social media company.
Source: ctv business
Twitter shareholders sue Musk, say he ‘deflated’ stock price

Dropping consumer confidence numbers show that Canadians are growing increasingly anxious about the direction of the economy, said Nanos Research pollster Nik Nanos.
Source: ctv business
‘Negative trajectory’ in consumer confidence shows Canadians increasingly anxious about economy

The number of job vacancies across Canada reached an all-time high in March, ending a five-month decline, Statistics Canada said Thursday.
Source: ctv business
Job vacancies hit record high of more than 1 million in March: StatCan

The number of job vacancies across Canada reached an all-time high in March, ending a five-month decline, Statistics Canada said Thursday.
Source: ctv business
Canada’s job vacancies are at a record high

Retail sales in Canada were virtually unchanged in March at $60.1 billion as sales at new car dealers fell, offsetting gains elsewhere as consumers showed a willingness to keep spending, Statistics Canada reported Thursday.
Source: ctv business
Statistics Canada says retail sales virtually unchanged in March

World Bank President David Malpass on Wednesday suggested that Russia’s war in Ukraine and its impact on food and energy prices, as well as the availability of fertilizer, could trigger a global recession.
Source: ctv business
World Bank’s Malpass says war in Ukraine may trigger global recession

Moscow pressed the West on Thursday to lift sanctions against Russia over the war in Ukraine, seeking to shift the blame for a growing food crisis that has been worsened by Kyiv’s inability to ship millions of tons of grain and other agricultural products due to the conflict.
Source: ctv business
Russia slams sanctions, seeks to blame West for food crisis

Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1 per cent last year, to a median US$14.5 million, according to data analyzed for The Associated Press by Equilar.
Source: ctv business
CEO pay up 17 per cent in 2021 as profits, stocks soar; workers fall behind

German Chancellor Olaf Scholz expressed hopes Thursday for global co-operation on climate change, hunger and war, while dozens of climate activists demonstrated in the Swiss town of Davos as a meeting of global elites ended with many words but little concrete action to solve the world’s most pressing crises.
Source: ctv business
Davos ends with Germany pushing global work on climate, war