Direct Loan Canada Blog

Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14 per cent this year, but the pace of sales could moderate by the end of 2023 if broad immunity to COVID-19 is soon achieved.
Source: ctv business
CMHC predicts COVID-19 immunity will moderate pace of home sales, prices by 2023

Visitors to Walt Disney World Resort in Orlando, Florida, will be able to skip temperature checks at the park from May 16.
Source: ctv business
Disney World ends temperature checks for guests and staff

Vessels from Britain’s Royal Navy and French police boats patrolled Thursday near the English Channel island of Jersey, where French fishermen angry about losing access to waters off their coast gathered for a maritime protest.
Source: ctv business
France sends patrol boats as fishing tensions flare with U.K.

Canadian Natural Resources Ltd. reported a first-quarter profit of nearly $1.38 billion compared with a loss a year ago.
Source: ctv business
Canadian Natural reports .38B Q1 profit, record quarterly production

As vaccines roll out unevenly worldwide and waves of infections force countries to extend restrictions, foreign buyers flush with cash have flooded Dubai’s high-end property market, one of the few places in the world where they can dine, shop and do business in person.
Source: ctv business
Dubai luxury home market soars as world’s rich flee pandemic

France joined the United States on Thursday in supporting an easing of patent and other protections on COVID-19 vaccines that could help poorer countries get more doses and speed the end of the pandemic. While the backing from two countries with major drug makers is important, many obstacles remain.
Source: ctv business
More support easing vaccine patent rules, but hurdles remain

The loonie approached 82 cents US as it climbed higher against the U.S. dollar, while Canada’s main stock index edged lower in early trading, weighed down by losses in the health care sector.
Source: ctv business
Loonie climbs higher, S&P/TSX composite edges lower in early trading

A Toronto-based investor and public speaker who’s run into trouble with securities regulators says he’s been open about his mistakes and has ‘worked hard to move on,’ after whistleblower Edward Snowden called him out for past involvement in a multi-million dollar scheme.
Source: ctv business
Canadian whom Edward Snowden called out for past involvement in a multi-million dollar scheme says he’s ‘worked hard to move on​’

Some Canadian companies are putting sensitivity ahead of sales in the run up to Mother’s Day in acknowledgment of customers who may be dealing with bereavement, estrangement or fertility issues.
Source: ctv business
In nod to sensitivities, marketers adjust Mother’s Day messaging

Loblaw Companies Ltd.’s year-long pandemic winning streak marked by blockbuster sales and profits appears poised to start levelling off as the supermarket giant starts to lap the panic-buying gains it recorded at the outset of the pandemic.
Source: ctv business
Loblaw Companies reports 3M Q1 profit, up from 0M a year ago