Direct Loan Canada Blog

Toymaker Spin Master Corp. says its revenue grew 3.6 per cent compared with a year ago as an increase in sales of activities like Kinetic Sand and Paw Patrol toys offset declines in remote control games and interactive characters like Hatchimals.
Source: ctv business
Toymaker Spin Master sees digital games revenue soar amid Toca Life World app craze

One of China’s most powerful financial officials is sounding the alarm over a bubble in global markets.
Source: ctv business
China is sounding the alarm about a global market bubble

Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, but with home loans still languishing around historically low levels the modest hike is unlikely to slow the red-hot housing market.
Source: ctv business
Canada’s mortgage rates edging higher in first rise since before COVID-19 crisis

March is fraud prevention month and on CTVNews.ca, financial commentator Pattie Lovett-Reid highlights the 5 most popular scams Canadians are falling victim to during the COVID-19 pandemic.
Source: ctv business
Pattie Lovett-Reid: The top 5 pandemic-related scams you need to know about

The Canadian economy posted its worst showing on record in 2020 as the COVID-19 pandemic swept across the country, shutting down businesses and putting millions out of work.
Source: ctv business
Canadian economy posted its worst showing on record in 2020

Gains in the energy and metals and mining sectors helped Canada’s main stock index gain ground in late-morning trading, while U.S. stock markets fell.
Source: ctv business
S&P/TSX composite up in late-morning trading, U.S. stock markets down

Democrats’ hopes of including a minimum wage increase in their US$1.9 trillion COVID-19 relief bill seemed all but dead Monday as the Senate prepared to debate its own version of the House-passed aid package.
Source: ctv business
Minimum wage hike all but dead in big U.S. COVID-19 relief bill

Torstar Corp. is making a gamble of its own with plans to start an online casino betting business in 2021 once it goes through a consultation and approval process with the Ontario government, the publishing company announced Monday.
Source: ctv business
Torstar plans to start an online casino betting business later this year

The largest and oldest power co-operative in Texas is filing for Chapter 11 bankruptcy protection, citing last month’s winter storm that left millions without power.
Source: ctv business
Texas power company seeks bankruptcy protection after storm

Sexual harassment against McDonald’s restaurant employees ‘will not be tolerated,’ McDonald’s CEO Chris Kempczinski said in a statement responding to a CBS News report detailing some female employees’ disturbing allegations.
Source: ctv business
McDonald’s CEO promises investigation after report alleges sexual harassment among workers