Direct Loan Canada Blog

A new report from Uber Technologies Inc. says its Canadian drivers and couriers don’t think they receive dependable earnings.
Source: ctv business
Uber survey: 26 per cent of Canadian drivers rate company poor for dependable earnings

Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.
Source: ctv business
CMHC: majority of mortgage deferrals have ended, risk of arrears could re-emerge

Women now hold more than a third of the seats on the boards of Britain’s biggest companies, meeting a government target set five years ago.
Source: ctv business
Number of women on U.K. corporate boards rises 50 per cent in 5 years

ExxonMobil is selling most of its drilling and exploration assets off the coast of the U.K. in the North Sea for more than US$1 billion.
Source: ctv business
ExxonMobil sells some North Sea drilling, exploration sites

Home prices are on the rise and this has caught the attention of the Bank of Canada governor Tiff Macklem, CTV News’ Chief Financial Commentator Pattie Lovett-Reid explains in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Bank of Canada governor sees signs of ‘excess exuberance’ in real estate market

National Bank of Canada topped expectations as it reported its first-quarter profit rose more than 20 per cent compared with a year ago, boosted by growth across its business.
Source: ctv business
National Bank reports Q1 profit up from year ago, tops expectations

Royal Bank of Canada chief executive David McKay expressed optimism in the economic recovery from COVID-19 on Wednesday, amid a hot housing market and a quarter of record earnings from capital markets.
Source: ctv business
Royal Bank reports Q1 profit up from year ago, beats expectations

Stocks were mostly higher on Wall Street Wednesday as investors continue to cautiously monitor rising bond yields.
Source: ctv business
Stocks edge higher as investors keep focus on bond yields

The department responsible for holding the Canada Revenue Agency accountable for its services says it appears the agency did not initially provide “adequate” information to individuals whose accounts were recently locked due to an external threat.
Source: ctv business
CRA did not provide ‘adequate’ info to users with locked accounts: Taxpayers’ Ombudsperson

The governor of the Bank of Canada says governments could increase access to child care and reduce its cost to help the labour market rebound, and reduce the risk of long-term economic scarring.
Source: ctv business
Macklem points to child care, education to help ease protracted employment recovery