Direct Loan Canada Blog

Canada’s main stock index set a record high in early trading to start the trading week and U.S. stock markets moved higher after a strong U.S. jobs report on Friday.
Source: ctv business
S&P/TSX composite hits record high to start trading week, U.S. markets up

As millions of Canadians prepare to file their taxes this spring following an unusual year, it’s proving to be a trickier tax season than normal.
Source: ctv business
Tricky tax season shaping up as Canadians weigh pandemic benefits and income loss

The president of B.C.’s restaurant association says restaurant owners who have defied the temporary COVID-19 public health orders banning indoor dining are selfish and irresponsible.
Source: ctv business
Restaurant owners who defied B.C. ban on indoor dining ‘selfish,’ ‘arrogant,’ says industry leader

Struggling tour operator Air Transat is in talks with the federal government on aid but may not reach a deal by an April debt deadline, a source close to the situation said, putting pressure on Quebec to ride to the rescue of another troubled aerospace brand in the province.
Source: ctv business
After failed takeover, Air Transat seeks help as debt crunch looms

The stock market normally significantly overreacts to economic shocks, but this time the response was more rational than usual. That’s because the market learned important lessons from the prior decade when equities fell too far during the global financial crisis. And this time, the pandemic was inherently artificial, with governments restricting activities and providing unprecedented stimulus that curtailed distress.
Source: ctv business
Holding on during stock market roller-coaster was key to success, experts say

Egypt’s Suez Canal Authority said Saturday that a shipping traffic jam caused by a giant container vessel getting stuck on the crucial waterway for almost a week has been cleared.
Source: ctv business
Canal Authority says Suez backlog cleared

Amazon apologized in a late Friday blog post for a tweet it sent to a congressman more than a week ago denying that its employees work so hard they must urinate in empty water bottles.
Source: ctv business
Amazon apologizes to congressman for bogus ‘peeing’ tweet

Sophia is a robot of many talents — she speaks, jokes, sings and even makes art. In March, she caused a stir in the art world when a digital work she created as part of a collaboration was sold at an auction for $688,888 (C$866,438) in the form of a non-fungible token (NFT).
Source: ctv business
Robot artist sells art for US8,888, now eyeing music career

The World Bank adopted a new Climate Change Action Plan that will boost financing aimed at reducing emissions to align its policies with the Paris climate agreement, the bank said Friday.
Source: ctv business
World Bank to align financing with Paris Climate Accord

LinkedIn has added ‘stay-at-home mom’ and other role titles to its public resume function in a move to better reflect high numbers of people – particularly women – who have left the workforce during the COVID-19 pandemic
Source: ctv business
LinkedIn adds ‘stay-at-home mom’ to list of career titles as COVID-19 continues to impact women