Direct Loan Canada Blog

The energy and base metals sectors helped lead a broad-based decline as Canada’s main stock index posted a triple-digit decline in late-morning trading, while U.S. stock markets also pulled back.
Source: ctv business
North American stock markets down in late-morning trading, loonie edges lower

Visa Inc. said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
Source: ctv business
Visa moves to allow payment settlements using cryptocurrency

Politicians and friends in the Czech Republic have paid tribute to Petr Kellner, the country’s richest man, who was killed in a helicopter crash in Alaska. He was 56.
Source: ctv business
Tributes paid to Czech billionaire killed in chopper crash

A Mi’kmaw uncle-nephew duo are making tiny homes in the hopes of addressing crowded Indigenous households and the lack of adequate Indigenous housing in New Brunswick and communities across Canada.
Source: ctv business
Mi’kmaw tiny-home builders hope to solve Indigenous housing crisis

Russia has seized on the Suez Canal blockage to promote its northern shipping route as a reliable alternative, part of a broader push by Moscow to develop the Arctic and capitalize on climate change.
Source: ctv business
Russia pushes Arctic ambitions after Suez jam

As the maritime logjam continues around the Suez Canal, the global trade passage that was crippled Tuesday after a ship ran aground, experts say the economic consequences of the blockage will be felt first by Europe, the Middle East and Asia
Source: ctv business
Just how important is the Suez Canal to global trade?

WestJet is adding 11 domestic routes across Western Canada in anticipation of summer demand for travel.
Source: ctv business
WestJet adding routes in Western Canada in anticipation of summer demand

A French monastery in the heart of Burgundy launched an emergency online sale Friday to get rid of thousands of its prized artisanal cheeses, which are languishing in its cellars as COVID-19 keeps buyers away.
Source: ctv business
Holy cow: French monks with too much cheese seek salvation online

It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with US$69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history.
Source: ctv business
How two friends made art history buying a USM digital work

China announced sanctions on several British politicians and organizations Friday after the U.K. joined the European Union and others in sanctioning Chinese officials accused of human rights abuses in the Xinjiang region. The move was the opening salvo in Beijing’s latest full-bore response to criticism and sanctions from the West.
Source: ctv business
China sanctions Britons over West’s Xinjiang criticism