Direct Loan Canada Blog

Victoria’s Secret is continuing to shrink its store count. Its parent company plans to permanently close between 30 to 50 stores in the United States and Canada this year.
Source: ctv business
Victoria’s Secret owner will close up to 50 stores in U.S. and Canada this year

Buyers are spending more money on home purchases in several major Canadian cities, even as the COVID-19 pandemic causes layoffs and income reductions across the country.
Source: ctv business
Home sales shifting towards pricier housing in several major markets, CMHC says

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance.
Source: ctv business
Digital exchange Coinbase takes a step toward going public

A New York prosecutor has obtained copies of Donald Trump’s tax records after the U.S. Supreme Court this week rejected the former president’s last-ditch effort to prevent them from being handed over.
Source: ctv business
Manhattan prosecutor gets Trump tax records after long fight

Loblaw Companies Ltd. reported a higher fourth-quarter profit and revenue compared with a year ago as the supermarket giant met the challenge of “outsized sales growth,” the company’s executive chairman Galen G. Weston said Thursday.
Source: ctv business
Loblaw reports fourth-quarter profit and revenue up from year ago

GameStop shares rallied as much as 85 per cent in early trading Thursday, following another blockbuster day for the stock. On Wednesday, the gaming retailer’s stock closed nearly 104 per cent higher.
Source: ctv business
GameStop soars 85 per cent, day after doubling

Diamond tycoon Nirav Modi has lost his bid to avoid extradition from Britain to India to face allegations he was involved in a US$1.8 billion bank fraud.
Source: ctv business
Diamond tycoon Modi loses bid to stop extradition to India

A dairy producers’ lobbying group is asking farmers to consider alternatives to palm supplements in livestock feed pending the results of an investigation launched in response to consumers’ concerns about perceived changes to the consistency of butter.
Source: ctv business
Dairy farmers lobby asks members to stop using palm as it investigates ‘buttergate’

Stocks moved solidly lower Thursday as the recent theme of the market — rising bond yields and falling prices of technology companies — continued to weigh on trading.
Source: ctv business
Stocks fall as yields continue to climb; GameStop surges

Qantas Airways does not expect to resume international travel apart from New Zealand until late October after the Australian population is vaccinated for COVID-19, the airline’s chief executive said on Thursday.
Source: ctv business
Qantas expects to start international flights in October