Direct Loan Canada Blog

As Ontario’s sizzling real estate market puts home ownership out of reach for many Canadians, a growing number of prospective buyers are looking west in hopes of achieving their white-picket-fence dreams.
Source: ctv business
Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate market

The annual rate of inflation hit 6.7 per cent in March, the fastest year-over-year increase in the consumer price index in over 31 years, Statistics Canada said Wednesday.
Source: ctv business
Canada’s annual rate of inflation highest since 1991: StatCan

Japan formally revoked Russia’s ‘most favoured nation’ trade status Wednesday over its invasion of Ukraine, as Tokyo steps up sanctions amid revelations of the Russian military’s apparent atrocities against civilians.
Source: ctv business
Japan formally revokes Russia’s ‘most favoured nation’ status

A sharp drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold onto your remote — cracking down on millions of freeloaders who use passwords shared by friends or family.
Source: ctv business
Amid stock plunge, Netflix aims to curtail password sharing

Elon Musk took a swipe at the board of Twitter on Monday after the social media company adopted a ‘poison pill’ to protect itself from the second-biggest shareholder’s $43 billion cash buyout offer.
Source: ctv business
Elon Musk promises {$permalink} board salaries if his Twitter takeover succeeds as company adopts ‘poison pill’

The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia’s war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants.
Source: ctv business
Citing Russia’s war, IMF cuts global growth forecast to 3.6 per cent

Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as $3.5 billion this year.
Source: ctv business
J&J suspends COVID-19 vaccine sales forecast

Home sales in Canada fell in March, while prices were up 11.2 per cent compared with a year earlier, Canadian Real Estate Association said Tuesday.
Source: ctv business
Canada’s housing market cooled down in March: CREA

A growing number of families have filed recent wrongful death lawsuits against some of the big social media companies, claiming their platforms played a significant role in their teenagers’ decisions to end their lives.
Source: ctv business
Their teenage children died by suicide. Now these families want to hold social media companies accountable

Canadian manufacturers are once again facing the risk of being hit by U.S. protectionism and the need to fight for crucial exemptions.
Source: ctv business
Canadian manufacturers hope for exemptions from latest Buy American provisions