Direct Loan Canada Blog

Open bidding may lead to higher increases in home prices compared to blind bidding, according to a new study, but one Toronto realtor argues more transparency would be better for both buyers and sellers.
Source: ctv business
Study supports blind bidding on real estate, but one realtor argues transparency better for homebuyers

An Idaho company that successfully brought genetically modified potatoes to the market announced an agreement Thursday to help a California-based plant breeding company grow strawberries they say will stay fresh longer and have a longer growing season.
Source: ctv business
U.S. companies announce plans for gene-edited strawberries

Britain said Thursday it would summon the French ambassador for a dressing-down, the latest move in a worsening dispute over fishing licenses that has stoked tensions following the U.K.’s departure from the European Union.
Source: ctv business
France fines British boats as post-Brexit fishing dispute escalates

An American Airlines flight from New York to California was diverted to Denver after a passenger assaulted a flight attendant, authorities said.
Source: ctv business
Plane diverted after passenger assaults flight attendant

ExxonMobil’s chief executive said Thursday that his company ‘does not spread disinformation regarding climate change’ as he and other oil company chiefs countered congressional allegations the industry concealed evidence about the dangers of it.
Source: ctv business
Exxon CEO denies spreading disinformation on climate change

A federally commissioned report looking at vendors who sold billions of dollars in goods to the government found the vast majority lacked adequate policies to prevent human and labour rights risks in their supply chains.
Source: ctv business
Many vendors selling to Ottawa lack policies to prevent child labour, report finds

U.S. President Joe Biden declared Thursday he has reached a ‘historic economic framework’ with Democrats in Congress on his sweeping domestic policy package, a hard-fought yet dramatically scaled-back deal announced hours before he departs for overseas summits.
Source: ctv business
U.S. President Biden announces ‘historic’ deal, asks Democrats for votes

Nearly one in five Canadians who resigned from their jobs during the pandemic did so due to increased stress at work, according to a new survey.
Source: ctv business
Nearly 20 per cent of Canadians who resigned amid pandemic cited work stress: survey

Stocks rose broadly in afternoon trading on Wall Street Thursday and put major indexes on a path to push past record highs.
Source: ctv business
Stocks rise broadly as indexes hover around record highs

At least 59,000 meatpacking workers caught COVID-19 and 269 workers died when the virus tore through the industry last year, which is significantly more than previously thought, according to a new U.S. House report released Wednesday.
Source: ctv business
Report: At least 59,000 U.S. meat workers caught COVID-19, 269 died