Direct Loan Canada Blog

Former U.S. president Donald Trump’s social media venture says it has entered into a technology and cloud-services agreement with Canadian video platform Rumble.
Source: ctv business
Trump’s social media venture partners with Canada’s Rumble

Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose 26 per cent compared with October as starts of apartments, condos and other types of multiple-unit housing projects climbed higher.
Source: ctv business
CMHC reports annual pace of housing starts in November climbs to 301,279

The man at the helm of Canada’s central bank says the Bank of Canada plans to be clearer in the coming years when it lets the cost of living rise for the good of the economy.
Source: ctv business
Macklem vows clarity so Canadians trust Bank of Canada as inflation holds

After a record-breaking year, Canadian home prices are expected to continue rising in 2022, with Toronto, Vancouver and Halifax projected to see the largest increases.
Source: ctv business
Canadian home prices expected to rise by 10.5 per cent in 2022: Royal LePage

Stocks fell in afternoon trading on Wall Street Wednesday as traders wait to hear from the Federal Reserve after its last policy meeting of the year.
Source: ctv business
Stocks fall on Wall Street ahead of Fed policy statement

Concerns over the Omicron coronavirus variant and fresh travel restrictions have led to a spike in hotel booking cancellations globally, online hotel search firm Trivago said on Tuesday, threatening to upend a fragile recovery in global tourism.
Source: ctv business
Global hotel cancellations rise ahead of holidays due to Omicron

DoorDash has brought its delivery-based grocery and convenience stores that make sales solely through an app to Canada.
Source: ctv business
DoorDash brings delivery-based DashMart grocery and convenience stores to Canada

Canada’s main stock index was down in late-morning trading led lower by losses in the technology, telecommunications and energy sectors, while U.S. stock markets also fell.
Source: ctv business
S&P/TSX composite index down in late-morning trading, U.S. stock markets also down

Tesla Inc. chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 per cent.
Source: ctv business
Tesla to accept dogecoin as payment for merchandise, says Musk

Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute US$800 million into a fund for victims of child sexual abuse.
Source: ctv business
Insurer agrees to US0M settlement in Boy Scouts bankruptcy