Direct Loan Canada Blog

The European Union and the United Kingdom made public Saturday the vast agreement that is likely to govern future trade and co-operation between them from Jan. 1, setting the 27-nation bloc’s relations with its former member country and neighbour on a new but far more distant footing.
Source: ctv business
EU, U.K. unveil vast trade pact set to enter force on Jan. 1

Over the summer, people looking to get out of the house snapped up boats, bicycles and patio furniture, figuring they were safer socializing and being active outdoors than inside. Now that temperatures are dropping, they’re buying snowshoes, skis, boots and winter coats, boosting the beleaguered retail sector.
Source: ctv business
Consumers still want to get outdoors as temperatures plunge

The COVID-19 pandemic has prompted many Canadians to re-evaluate their housing and work arrangements, spurring some to think not big, but tiny.
Source: ctv business
Pandemic spurs tiny house interest, while builders say regulatory hurdles remain

The U.S. Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for illegally selling unregistered securities worth $1.3 billion, the agency said Tuesday.
Source: ctv business
SEC sues Ripple and two executives for selling XRP crypto: A .3 billion illegal security offering

It’s crunch time for consumers as Christmas, a winter storm and a lockdown all loom, but at least one local shopping mall was less busy than usual.
Source: ctv business
Last-minute shoppers still head to malls on Christmas Eve, but in smaller numbers

Canadian retailers are expected to offer deep discounts this Boxing Day in a bid to entice shoppers to buy up leftover holiday and seasonal goods and raise enough cash to endure the latest round of pandemic restrictions.
Source: ctv business
Boxing Day’s shot to return to its ‘glory days’ stymied by lockdowns: Retail experts

The Weston family says Galen G. Weston has succeeded his father, W. Galen Weston, as the controlling shareholder of Wittington Investments, Ltd., the controlling shareholder of George Weston Ltd.
Source: ctv business
Galen Weston succeeds father as controlling shareholder of grocery empire

Truckers and travellers stuck in a days-long gridlock at the English port of Dover started heading to France on Thursday after the country partially reopened its borders with Britain following international concern over a rapidly spreading new coronavirus variant.
Source: ctv business
Truckers finally leave U.K. after days of COVID-19 gridlock

Just a week before the deadline, Britain and the European Union struck a free-trade deal Thursday that should avert economic chaos on New Year’s and bring a measure of certainty for businesses after years of Brexit turmoil.
Source: ctv business
Breakthrough: U.K. and EU reach post-Brexit trade agreement

Canada’s main stock index opened lower but was back in positive territory by late morning on an abbreviated Christmas Eve trading day.
Source: ctv business
TSX rises, U.S. markets positive at mid-morning on last trading day before Christmas