Direct Loan Canada Blog

Canadians may find a lot of long faces at the pump heading into the long weekend as gas prices across the country remain high.
Source: ctv business
Price of gas remains high across Canada heading into long weekend

Hyundai Motor Group confirmed Friday the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.
Source: ctv business
Hyundai announces .5B electric vehicle plant in Georgia

The federal government will conduct a public interest assessment of WestJet Airlines Ltd.’s deal to buy Sunwing Airlines and Sunwing Vacations.
Source: ctv business
Ottawa to conduct public interest assessment of WestJet-Sunwing deal

Tesla and SpaceX chief executive officer Elon Musk met with Brazil’s President Jair Bolsonaro on Friday to discuss connectivity and other projects in the Amazon rainforest.
Source: ctv business
Elon Musk visits Brazil’s Bolsonaro to discuss Amazon plans

‘Buy now, pay later’ plans are growing in popularity among Gen Z consumers, driven by influencers on TikTok and Instagram promoting these services. But one personal finance expert says these services can carry serious financial risks for young people.
Source: ctv business
‘Buy now, pay later’ plans could lead to exorbitant debt for Gen Z consumers: expert

With the price of gas rising above $2 per litre and setting new records in Canada this year, CTVNews.ca looks at what goes into the price per litre of gasoline and where the situation could go from here.
Source: ctv business
‘Hurts like hell’: What goes into the price of gas in Canada

Netflix has agreed to pay more than 55.8 million euros (US$59 million) to settle a tax dispute, Milan prosecutors said Friday.
Source: ctv business
Netflix pays US million to settle tax dispute in Italy

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European energy amid the war in Ukraine.
Source: ctv business
Russia to cut Finland’s natural gas in latest energy clash

The Group of Seven leading economies agreed Friday to provide US$19.8 billion in economic aid to Ukraine to ensure its finances do not hinder its ability to defend itself from Russia’s invasion.
Source: ctv business
G7 countries to provide US.8 billion in aid to Ukraine

The stakes are high as Canadian farmers take to the fields to plant 2022’s crop, which some are saying could find a place in the record books as ‘the most expensive ever.’
Source: ctv business
Stakes are high for farmers as 2022 crop shapes up to be most expensive in history