Direct Loan Canada Blog

North American stock markets continued to recover in late morning trading from steep losses as crude oil prices boost the energy sector and Canadian dollar.
Source: ctv business
North American stock markets continue recovery as oil prices boost energy sector

In just over a year, Black Owned Toronto went from an Instagram page promoting businesses in the city, to a Canada-wide online registry, to opening a physical store with everything under one roof.
Source: ctv business
How ‘Black Owned Toronto’ went from an Instagram page to opening its first store

Ontario is imposing new restrictions on the mining, rail, construction and transportation industries in the province’s northwest to reduce the likelihood of human-caused fires.
Source: ctv business
Ontario imposes restrictions on industrial operations in northwest as wildfires burn

Canadian National Railway Co. is hoping to rebound from last year’s challenging second quarter with analysts expecting net profits to double on a 14 per cent boost in revenues.
Source: ctv business
CN expected to report a doubling of net income in Q2, according to analysts

The Department of Homeland Security on Tuesday announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast.
Source: ctv business
New cybersecurity order issued for U.S. pipeline operators

Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index.
Source: ctv business
Canadian home prices up 16 per cent in June for largest 12-month gain on record, says index

The C.D. Howe Institute says 70 to 75 per cent of Canadian passenger auto sales will have to be zero-emission vehicles by 2030 in order to achieve the federal government’s emissions targets.
Source: ctv business
At least 70 per cent of vehicle sales must be ZEVs to achieve Ottawa’s emissions plan: report

MPs on the House of Commons finance committee have heard a plea from the country’s farmers that the government’s plans to rewrite tax laws shouldn’t make it difficult, again, to pass the family farm from parents to children.
Source: ctv business
Liberals, MPs urged not to unwind easing of tax rules on sale of family businesses

Carnival Corp said on Tuesday it expects to have resumed cruises with 65 per cent of its total fleet capacity by the end of 2021, betting that concerns over a resurgence in COVID-19 cases will not deter holidaymakers.
Source: ctv business
Carnival sees return to cruises with 65 per cent fleet capacity by end of 2021

The three biggest U.S. drug distribution companies and the drugmaker Johnson & Johnson are on the verge of a US$26 billion settlement covering thousands of lawsuits over the toll of opioids across the U.S., two people with knowledge of the plans told The Associated Press.
Source: ctv business
Four companies on verge of settling U.S. opioid lawsuits