Direct Loan Canada Blog

Canada’s main stock index slipped ever so slightly on lower commodity prices as it capped a record-setting week while the loonie rose on a strong jobs report for March.
Source: ctv business
TSX slips on weaker commodity prices while loonie rises on strong jobs report

Amazon workers voted against forming a union at a warehouse in Alabama, handing the online retail giant a decisive victory and cutting off a path that labour activists had hoped would lead to similar efforts throughout the company and beyond.
Source: ctv business
Amazon warehouse workers reject union bid in Alabama

A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars seized by Seoul was freed and sailed away early Friday, just hours ahead of further talks between Tehran and world powers over its tattered nuclear deal.
Source: ctv business
Iran frees South Korean ship it held amid dispute over funds

Foreign Affairs Minister Marc Garneau says Ottawa is looking at expanding the categories of essential workers allowed to travel across the Canada-U.S. border.
Source: ctv business
Ottawa mulls exempting more workers from Canada-U.S. border shutdown: Garneau

The number of Canadians on the brink of financial insolvency has reached a five-year high, with more than half of people $200 or less away from being unable able to meet their financial obligations each month, according to a recent survey.
Source: ctv business
Half of Canadians within 0 of not being able to cover bills, debt payments: survey

Canada saw a surge in housing prices over the past year due to COVID-19, a market trend experts say is caused by people working from home more often and moving to rural and suburban areas.
Source: ctv business
Canada’s average house prices surge by 25 per cent amid COVID-19 pandemic, data shows

Canada saw a surge in housing prices over the past year due to COVID-19, a market trend experts say is caused by people working from home more often and moving to rural and suburban areas.
Source: ctv business
Where in Canada are house prices increasing the most? Maybe not where you think

George Sherman may still be the CEO of meme stock poster child GameStop. But it looks like Chewy co-founder Ryan Cohen is really running the show.
Source: ctv business
The guy who started the GameStop mania will soon be chairman of the board

The head of Canadian Imperial Bank of Commerce says policy-makers should dramatically increase the country’s housing supply, as sales and prices soar to record levels in cities including Toronto and Vancouver.
Source: ctv business
Policy-makers should tackle housing supply with more density, transit: CIBC CEO

Wayne LaPierre, the embattled leader of the National Rifle Association, said Wednesday that he put the powerful gun-rights group into bankruptcy without first informing most of its board members and top officials.
Source: ctv business
NRA boss says he didn’t tell group leaders before bankruptcy