Direct Loan Canada Blog

Stocks fell broadly in morning trading on Wall Street Friday as the market heads for a feeble ending to an up-and-down week of trading.
Source: ctv business
Stocks fall on Wall Street, giving up week’s gains

Canada’s main stock index closed at its lowest level in nearly four weeks as its largest sectors came under pressure ahead of Monday’s federal election.
Source: ctv business
S&P/TSX composite falls to lowest level in four weeks ahead of federal election

Wholesale prices for gas and electricity are surging across Europe, raising the prospect of increases in already-high utility bills and further pain for people who have taken a financial hit from the coronavirus pandemic.
Source: ctv business
Soaring utility bills alarm Europe, raise fears for winter

Canadian Pacific Railway Ltd.’s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday.
Source: ctv business
CP lays out timeline for KCS merger; shareholders to vote in December

Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July as the rate of new home construction continued to slow from their highs earlier this year.
Source: ctv business
Canada Mortgage and Housing Corp. says annual pace of housing starts slowed in August

Statistics Canada says wholesale sales fell 2.1 per cent to $70.1 billion in July, as building material and supplies sales plunged due to a drop in prices for softwood lumber.
Source: ctv business
Statistics Canada says wholesale sales dropped in July as lumber prices fell

The Italian government has approved some of the strictest anti-COVID-19 measures in the world, making it obligatory for all workers either to show proof of vaccination, a negative test or recent recovery from infection.
Source: ctv business
Italy makes COVID-19 health pass mandatory for all workers

Suncor Energy says it has partnered with eight Indigenous communities to buy all of TC Energy’s 15-per-cent stake in the Northern Courier Pipeline Limited Partnership.
Source: ctv business
Suncor partners with Indigenous communities to buy stake in Northern Courier Pipeline

British retailer Marks and Spencer said Thursday that it will close 11 of its stores in France, mainly in Paris, as a result of fresh and chilled food supply issues related to Britain’s departure from the European Union.
Source: ctv business
Marks and Spencer blames Brexit for store closures in France

Stocks fell broadly in afternoon trading on Wall Street Thursday and pared weekly gains for the major indexes.
Source: ctv business
U.S. stocks fall as technology companies lead a broad slide