Direct Loan Canada Blog

Shopify Inc.’s president has heard retailers talking about softening consumer spending but feels his company is weathering the storm well because of the diversity of its merchants.
Source: ctv business
Shopify weathering softening consumer spending with diversity of merchants: president

China’s exports rose seven per cent in July from a year earlier, below economists’ forecasts for growth closer to 10 per cent as trade tensions and weakening growth in the United States and other major markets weighed on demand.
Source: ctv business
China’s exports grow 7 per cent in July, under forecasts, while imports gain momentum

Disney returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters.
Source: ctv business
Disney returns to profit in third quarter as streaming business starts making money for first time

Air Canada reported a second-quarter profit of $410 million, down from $838 million a year earlier, as its operating revenue edged higher.
Source: ctv business
Air Canada profits fall as COVID-19 recovery drags on

U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked. Over a three day losing streak, the S&P 500 dipped more than six per cent before rallying again Tuesday, up 1.6 per cent in midday trading.
Source: ctv business
What investors should do when there is more volatility in the market

The dramatic stock market losses in recent days were unexpected, but one Canadian portfolio manager says investors should refrain from interpreting them as a sign that the North American economy is tipping into recession.
Source: ctv business
S&P/TSX composite down nearly 300 points, U.S. stocks rebound after plunge Monday

Elon Musk’s social media platform X has sued a group of advertisers, alleging that a ‘massive advertiser boycott’ deprived the company of billions of dollars in revenue and violated antitrust laws.
Source: ctv business
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover

It is estimated that 70 to 80 per cent of available jobs are never posted, says a career expert, so job seekers are missing the vast majority of opportunities if they are not prioritizing networking.
Source: ctv business
‘You have to be persistent’: The right — and wrong — ways to network when looking for a job

The midflight blowout of a panel from a Boeing 737 Max jet was so powerful that it blew open the plane’s cockpit door and tore off the co-pilot’s headset, and federal investigators began questioning officials from Boeing and its key supplier on Tuesday to understand how the accident occurred.
Source: ctv business
Hearing seeks insight into blowout on a Boeing jet that pilots said threw the flight into ‘chaos’

Singapore’s housing model, where the government plays a dominating role in land ownership, property development, financing and other related aspects of society, has been held up numerous times as a path to affordability here in Canada.
Source: ctv business
Is Singapore’s housing model a realistic solution for Canada’s affordability woes?