Direct Loan Canada Blog

America’s employers boosted their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown.
Source: ctv business
U.S. employers shrugged off coronavirus and stepped up hiring

Fishing is a tiny industry economically, but one that looms large symbolically for both Britain and France, which have long and cherished maritime traditions. Since the start of the year, both sides have control of their waters, subject to the post-Brexit trade deal.
Source: ctv business
Lone French fisherman left adrift in U.K.-France fishing spat

World food prices are the highest since July 2011, reflecting in part reduced wheat harvests by major exporters and higher palm oil prices, the United Nations’ food agency said Thursday.
Source: ctv business
UN: World food prices hit new peak; wheat harvests a factor

A British Columbia Supreme Court judge is expected to announce a decision today in the battle over control of the board of Rogers Communications Inc.
Source: ctv business
B.C. judge expected to announce decision in battle over control of Rogers board

A B.C. court on Friday backed a petition by former Rogers Communications Inc. chairman Edward Rogers to validate a new board constituted by him, in a ruling that could result in a major management shakeup in the country’s biggest wireless carrier.
Source: ctv business
B.C. judge rules in favour of Edward Rogers’ board control

The economy added 31,000 jobs in October, Statistics Canada reported Friday, bringing the national unemployment rate to a pandemic-era low.
Source: ctv business
Canadian economy added 31,000 jobs in October, unemployment rate hits pandemic-era low

Stocks rose broadly in morning trading on Wall Street Friday as traders welcomed news of a rebound in hiring by U.S. employers last month.
Source: ctv business
Stocks up broadly on Wall Street after solid U.S. jobs report

Canada’s main stock index closed the week setting another new high, with strong jobs reports along with crude price gains and positive earnings reports lifting the heavyweight energy sector.
Source: ctv business
S&P/TSX composite posts triple-digit advance, U.S. stock markets also climb

The path forward for Canada’s biggest movie theatre owner hangs on an upcoming court decision, but the case is being closely watched by businesses across the country because the ruling could have far-reaching implications for pandemic-inspired litigation.
Source: ctv business
Cineplex decision will be one to watch for companies eyeing COVID-19 litigation, experts say

Canada’s banking regulator says it has cleared the way for banks and insurers to raise dividends and resume share buybacks.
Source: ctv business
Banking regulator lifts restrictions on dividend raises, share buybacks