Direct Loan Canada Blog

The Canadian bond market is coming to the view that expected multiple interest rate hikes in 2022 by the Bank of Canada, including one potentially this week, will bring price pressures under control, albeit at a cost of slower economic growth.
Source: ctv business
As lift-off looms, investors bet Bank of Canada will tame inflation

Source: ctv business
U.S. Fed to signal rate hike as it launches risky inflation fight

Freshii Inc. has announced a deal with 7-Eleven Canada to sell food in the chain’s convenience stores across the country.
Source: ctv business
Freshii partners with 7-Eleven Canada to sell food in 600 convenience stores

The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted the possibility of conflict between Russia and Ukraine.
Source: ctv business
Dow drops 1,000 points as markets extend their slide in 2022

Activist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling itself to a fitness or technology company, two sources familiar with the matter said on Sunday.
Source: ctv business
Activist investor Blackwells Capital pushes Peloton to fire CEO

A cruise ship that was supposed to dock in Miami has instead sailed to the Bahamas, after a U.S. judge granted an order to seize the vessel as part of a lawsuit over US$4 million in unpaid fuel.
Source: ctv business
Cruise ship changes course after U.S. judge orders seizure

A federation representing truckers across Canada has denounced a series of planned protests against the federal government’s cross-border travel vaccine mandate, arguing such demonstrations aren’t a safe or effective way of resisting the policy.
Source: ctv business
Canadian Trucking Alliance condemns trucker protests

Bitcoin has lost almost half its value since its November high, with cryptocurrency prices continuing to plunge as major economies look to curb their growing popularity.
Source: ctv business
Bitcoin value tumbles almost 50 per cent since record November

World shares were mixed on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter.
Source: ctv business
World shares mixed after China reports slowing growth

China’s economy expanded by 8.1 per cent in 2021 but Beijing faces pressure to shore up activity after an abrupt slump in the second half as the ruling Communist Party forced its vast real estate industry to cut surging debt.
Source: ctv business
China’s economy grows 8.1 per cent in 2021, slows in second half