Direct Loan Canada Blog

The price of the world’s most valuable cryptocurrency spiked Wednesday morning to around US$55,000, following news that the investment firm founded by billionaire George Soros owns bitcoin.
Source: ctv business
Bitcoin soars past US,000 on George Soros fund endorsement

A new report from RBC Insurance has found that 49 per cent of new, long-term disability claims among younger employees in 2021 were related to mental health issues.
Source: ctv business
Nearly half of disability claims among younger employees related to mental health: RBC report

Saudi Arabia’s oil company Aramco closed on Wednesday just shy of a US$2 trillion valuation the kingdom’s crown prince has long sought, buoyed by high oil prices and increased demand for energy as economies recover from last year’s pandemic lockdowns.
Source: ctv business
Saudi Aramco closes near UST valuation as oil prices rally

Stocks fell in morning trading Wednesday as Wall Street undergoes a bout of volatility, driven in part by big swings in technology companies.
Source: ctv business
Stocks fall as volatility hits Wall Street; oil drops

As oil prices reach a seven-year high, analysts say Canadians should brace for skyrocketing prices at the pumps this week as the global economy begins to rebound from a pandemic lull.
Source: ctv business
Canadians to pay significantly more at the pumps thanks to surging oil prices

The economic effects from the COVID-19 pandemic are squeezing businesses struggling to find workers as ongoing labour shortages continue to stall certain sectors.
Source: ctv business
These Canadian industries are currently facing the biggest labour shortages

Pandemic lockdowns that left Canadian cars sitting idle in driveways and garages for weeks on end last year pushed gasoline use to its lowest level in two decades.
Source: ctv business
Gasoline sales plunge to lowest level in 20 years during first year of pandemic

Canopy Growth Corp. and its U.S. subsidiary are denying they called their line of cannabidiol beverages Quatreau in order to capitalize on its similarity to the name of orange liqueur company Cointreau Corp.
Source: ctv business
Canopy Growth denies using Quatreau name to capitalize on similarities with Cointreau

Statistics Canada says the country’s merchandise trade surplus more than doubled to $1.9 billion in August as a rise in energy products helped overall exports climb higher and overall imports fell.
Source: ctv business
Statistics Canada reports .9-billion merchandise trade surplus for August

The head of the International Monetary Fund says the agency is trimming its forecast for global growth this year.
Source: ctv business
IMF trims global growth forecast, cites rising risks from inflation, debt and divergence in growth prospects