Direct Loan Canada Blog

Some eateries are bracing for another lacklustre Valentine’s Day amid ongoing physical distancing rules, capacity restrictions and uncertainty.
Source: ctv business
Restaurants facing another dim Valentine’s Day hope diners coaxed out by the occasion

The platform which sold an NFT of Jack Dorsey’s first tweet for US$2.9 million has halted most transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a ‘fundamental problem’ in the fast-growing digital assets market.
Source: ctv business
Marketplace suspends most NFT sales, citing ‘rampant’ fakes and plagiarism

Airbnb has a settled a class-action lawsuit for $6 million. Stemming from a Vancouver man’s complaint that service fees made prices higher at checkout than first advertised, the settlement will see the company distribute credits of up to $45 to eligible Canadian customers.
Source: ctv business
Airbnb settles million class-action lawsuit, some Canadians eligible for up to credit

Canadian auto parts manufacturer Magna International Inc. says it is beginning to feel the impact of the Ambassador Bridge blockades on its business.
Source: ctv business
Magna feels the pressure from bridge closure as auto sector’s losses climb

The rouble hovered near 75 against a rising dollar on Friday, not far from its strongest mark since early January, showing limited reaction to Russia’s central bank hiking interest rates and with tensions over Ukraine staying firmly in focus.
Source: ctv business
Russian rouble near 2022 high after central bank hikes rate, shares down

More countries have asked this week to join talks about the European Union’s complaint with the World Trade Organization accusing China of exerting economic pressure on Lithuania.
Source: ctv business
Countries ask to join WTO talks over China, Lithuania spat

While many millennials may feel stopping working is a distant or even impossible prospect, CTV’s chief financial commentator Pattie Lovett-Reid explains how a little saving today can pave the way to a more comfortable retirement doing the things you’ve dreamt of.
Source: ctv business
Pattie Lovett-Reid: What millennials need to know about retirement savings

Escalating blockades at the Canada-U.S. border are weakening one of the most fragile links in the vital North American supply chain — a link that has nothing to do with transport trucks, highways or bridges.
Source: ctv business
As border blockade persists, Canadians fear pretext for more U.S. protectionism

Gains in the energy sector as the price of oil topped US$93 per barrel helped Canada’s main stock index close up slightly, while U.S. stock markets were down sharply over rate hike fears.
Source: ctv business
Energy lifts S&P/TSX composite higher as oil tops US a barrel; U.S. indexes down

An English pub that claims to be the oldest in Britain is closing due to financial problems worsened by the pandemic.
Source: ctv business
After more than 1,000 years, this English pub is closing its doors