Direct Loan Canada Blog

While acknowledging the inevitable advance of alternative energy sources and technology, OPEC said that oil will be dominate energy source for decades to come as crude prices reached three-year highs Tuesday.
Source: ctv business
OPEC: Oil will be world’s No. 1 energy source for decades

A hamster named Mr. Goxx has been running an independent portfolio that trades cryptocurrency and is beating investors at their own game.
Source: ctv business
This hamster’s cryptocurrency portfolio is beating the market

Stocks fell broadly on Wall Street Tuesday, putting the benchmark S&P 500 index on track for its biggest drop since May.
Source: ctv business
Stocks slide; S&P 500 on track for biggest loss since May

HSBC it is bringing a suite of sustainable finance tools to Canada the bank says will help small and medium businesses meet increasing expectations around environmental commitments.
Source: ctv business
HSBC launching sustainable finance options for small and medium businesses

Beyond Meat and Impossible Foods found success with realistic plant-based burgers. Now, they’re hoping to replicate that in the fast-growing but crowded market for plant-based chicken nuggets.
Source: ctv business
Beyond, Impossible join crowded plant-based chicken market

When a senior executive at virtual private network company ExpressVPN admitted to working on behalf of a foreign intelligence service to hack American machines last week, it stunned employees at his new company, according to interviews and electronic records.
Source: ctv business
ExpressVPN employees complain about ex-spy’s top role at company

China’s C919 jetliner – a no-show at the country’s biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people with knowledge of the program.
Source: ctv business
U.S. export tightening slows advance of Chinese C919 jet

As if a cup of coffee wasn’t expensive enough, a confluence of factors is driving up farmers’ costs to grow the beans and it could begin filtering down to your local cafe before the end of the year.
Source: ctv business
Why coffee could cost more at groceries, cafes

Three years after legalization, the cannabis industry is still waiting for province and territory to allow for cannabis consumption in lounges or cafes.
Source: ctv business
Cannabis industry laments lack of progress toward allowing consumption spaces

CIBC has hired former Liberal cabinet minister Navdeep Bains as vice-chair, global investment banking. Bains stepped down as innovation minister in January and did not run in the recent federal election. He officially joins the bank Oct. 4.
Source: ctv business
CIBC hires former Liberal innovation minister Navdeep Bains