Direct Loan Canada Blog

Stocks were mostly higher in afternoon trading Wednesday as investors continued to work through company earnings reports and closely watch the bond market.
Source: ctv business
U.S. stocks turn higher; Netflix slumps on slower growth

One of the federal government’s many budget promises is a new annual tax that would apply to vacant or underused property in Canada that’s owned by foreign investors.
Source: ctv business
Vacant properties tax in federal budget plan targets offshore investors

Big jumps in sales of prescription drugs and medical devices helped Johnson & Johnson boost its first-quarter profit nearly 7 per cent, blowing past Wall Street forecasts.
Source: ctv business
Johnson & Johnson Q1 profit, sales jump, beat Wall Street forecasts

Pro-Trump businessman Mike Lindell on Monday escalated his legal fight with voting machine company Dominion Voting Systems, responding to its recent defamation case with a countersuit of his own.
Source: ctv business
My Pillow countersues voting machine company in dispute over U.S. election

Dogecoin prices hit an all-time on Tuesday, with a market capitalization above US$50 billion, after social media fans used hashtags to fuel a rally in the meme-based cryptocurrency.
Source: ctv business
DogeDay hashtags help meme-based cryptocurrency Dogecoin hit new high

Industry analysts say the timing and severity of COVID-19’s third wave presents a unique challenge for tourism destinations around Canada, as businesses weigh whether to staff up and support a bloated workforce during the lockdown, or to stay lean and risk struggling to attract workers one or two months from now.
Source: ctv business
Staff up now, or stay lean and wait? Hospitality sector faces dilemma amid third wave

Lidl Ireland will offer free menstrual products to women and girls as part of a new initiative targeting period poverty. The grocery giant says it is the first major retailer in the world to make this offer.
Source: ctv business
Lidl Ireland becomes first major retailer to offer free period products

Britain has lifted travel restrictions on truckers that were imposed to avoid border chaos after the country’s economic split from the European Union at the end of last year.
Source: ctv business
U.K. lifts post-Brexit permits for truckers as trade recovers

The CEO of Canadian National Railway Co. says his company’s bid for Kansas City Southern will create a combined “safer, faster, cleaner and stronger railway” than the one proposed by rival Canadian Pacific Railway Ltd.
Source: ctv business
CN makes rival bid to CP Rail’s offer to buy U.S. railway Kansas City Southern

The U.S. State Department on Monday urged Americans reconsider any international travel they may have planned and said it would issue specific warnings not to visit roughly 80% of the world’s countries due to risks from the coronavirus pandemic.
Source: ctv business
U.S. warns against travel to 80 per cent of world due to coronavirus