Direct Loan Canada Blog

Technology companies pushed the broader market moderately higher Tuesday, while a report showed solid growth in consumer confidence.
Source: ctv business
Tech stocks push market moderately higher, confidence grows

Disney Cruise Line is postponing its first test cruise since the pandemic brought the cruise industry to a standstill after a handful of participants had inconsistent test results for COVID-19, the company said Monday.
Source: ctv business
Disney delays test cruise over ‘inconsistent’ virus results

CBRE says Canadian commercial real estate is pointing to a post-pandemic economic upswing. The commercial real estate company says the pace of office vacancy increases eased in every major Canadian city in the second quarter and industrial demand picked up.
Source: ctv business
Canadian commercial real estate pointing to post-pandemic economic upswing: CBRE

Luxury fashion brand Burberry is on the lookout for a new boss after revealing Monday that chief executive Marco Gobbetti is quitting his job at the end of the year.
Source: ctv business
Burberry chief executive Gobbetti to quit to return to Italy

Hong Kong says it will ban all passenger flights from the U.K. starting Thursday as it seeks to curb the spread of new variants of the coronavirus.
Source: ctv business
Hong Kong to ban passenger flights from U.K. to curb virus

Although General Motors will build Honda’s first two fully electric vehicles for North America, the Japanese automaker plans to change course and manufacture its own later this decade.
Source: ctv business
Honda changing course, will build its own electric vehicles

New York prosecutors have told lawyers for former U.S. President Donald Trump they must respond by Monday with any last arguments as to why criminal charges should not be filed against his family business, the Washington Post reported on Sunday.
Source: ctv business
New York prosecutors give Trump Organization Monday deadline for final arguments: report

Losses in the energy sector helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets were mixed.
Source: ctv business
Energy sector losses help lead S&P/TSX composite lower in late-morning trading

Even as Alberta plans to drop nearly all COVID-19 restrictions on July 1st, local businesses and the Banff National Park’s tourism board say they’ll be sorely missing international tourists for a second peak summer season in a row.
Source: ctv business
Banff is packed, but lack of international visitors leaves many businesses struggling

One of the largest aircraft in the world took off from Calgary International Airport on Saturday, packed with sophisticated equipment destined for the Middle East.
Source: ctv business
Enormous aircraft, loaded with oil well rigs, launches from Calgary airport