Direct Loan Canada Blog

OPEC and allied nations agreed Sunday to raise the production limits imposed on five countries next year and boost their production by 2 million barrels per day by the end of this year, ending a dispute that roiled oil markets.
Source: ctv business
OPEC, allies raise limits for 5 countries to end oil dispute

Johnson & Johnson is recalling several Neutrogena aerosol sunscreens after the company detected elevated levels of benzene, according to Health Canada.
Source: ctv business
Neutrogena aerosol sunscreens recalled due to elevated levels of benzene

China’s foreign ministry branch in Hong Kong said new U.S. sanctions on Chinese officials and its updated business advisory on the city are ‘extremely rude’ and ‘extremely unreasonable’ bullying acts with “despicable intention.”
Source: ctv business
Chinese official in Hong Kong blasts U.S. sanctions, business advisory

The owners and operators of nursing schools in Virginia and Florida have been charged with plotting to sell bogus transcripts and diplomas, helping unqualified candidates pass nursing board exams and get health care jobs, federal authorities said Friday.
Source: ctv business
Nursing school operators charged with selling bogus diplomas

Canadian wholesale sales rose for a third consecutive month to set a record in May, helped by rising food and machinery sales, Statistics Canada said Friday.
Source: ctv business
Statistics Canada says wholesale sales rose 0.5 per cent to record in May

Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed in June.
Source: ctv business
CMHC reports annual pace of housing starts in Canada slowed in June

Losses in the base metal and energy sectors helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets also pulled back.
Source: ctv business
North American stock markets down in late-morning trading, loonie moves lower

North American stock markets closed down to end a losing week as investors became cautious ahead of an historically weaker seasonal period.
Source: ctv business
North American stock markets end losing week as investors become cautious

U.S. safety regulators are suing Amazon to force it to recall hazardous products sold on its site, including flammable children’s pajamas, faulty carbon monoxide detectors and hair dryers that don’t protect users from getting electrocuted.
Source: ctv business
U.S. safety regulator sues Amazon to force recall of hazardous products

Now that COVID-19 restrictions are mostly behind us, many Albertans are hitting the road to enjoy their summer, but one organization says drivers will need to cough up more money to fill up.
Source: ctv business
Alberta’s gas price spike could sour some summer road trips