Direct Loan Canada Blog

The makers of some of the most popular toys are sounding the alarm about the global shipping crisis and labour shortages limiting their ability to keep stores stocked throughout the fall holiday shopping season.
Source: ctv business
Top toymakers say their products will be harder to find and more expensive this holiday season

While Alberta’s historic oil and gas sector still makes an outsized contribution to the Canadian economy, it has been battered and bruised by seven years of low prices, pipeline protests and cancellations, layoffs, and consolidation.
Source: ctv business
Oil and gas sector ‘not as attractive’ to young Albertans, industry leaders say

Drivers across southern Ontario are paying more to fuel up after gas prices in most places rose by five cents per litre on Friday.
Source: ctv business
COVID-19 mandates and supply issues causing gas prices to rise across Canada, experts say

Canopy Growth Corp. says its Ontario franchisee will open Tokyo Smoke cannabis stores in four malls.
Source: ctv business
Tokyo Smoke cannabis stores to open at four Ontario malls: Canopy Growth

The federal government posted a deficit of $12.7 billion for June compared with a deficit of $33.6 billion in June 2020.
Source: ctv business
Federal government posts .7B deficit for June, spending down and revenue up

Air Canada won’t offer rapid testing as an alternative to employees who refuse to be vaccinated against COVID-19.
Source: ctv business
Air Canada’s strict new employee vaccine policy could set new workplace bar: experts

The U.S. Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession.
Source: ctv business
Powell: U.S. Fed on track to slow aid for economy later this year

Apple CEO Tim Cook just celebrated 10 years on the job. He also marked the occasion this week by collecting — and selling off — three quarters of a billion dollars’ worth of stock.
Source: ctv business
Tim Cook gets US0 million bonus on 10th anniversary as Apple CEO

Stocks are returning to records on Wall Street Friday after the head of the Federal Reserve said it’s still likely a ways away from raising interest rates, even if it does begin dialing back its support for the economy later this year.
Source: ctv business
Stocks return to records on Wall Street following U.S. Fed speech

North American markets surged to record highs after a speech from the U.S. Federal Reserve chair that suggested it was in no rush to begin reducing economic stimulus measures.
Source: ctv business
S&P/TSX, Nasdaq and S&P 500 hit record highs after speech from U.S. Fed chairman