Direct Loan Canada Blog

A recent ADP Canada survey revealed 27% of working Canadians will not be taking any time off during the holidays this year due to the pandemic, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes in her column for CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Why you shouldn’t forgo vacation time, even amid a pandemic

China’s Luckin Coffee has agreed to pay a US$180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says.
Source: ctv business
China’s Luckin Coffee to pay US0 million fine in fraud case

Strength in the technology and metals and mining sectors helped lift Canada’s main stock index as U.S. stock markets also rallied in late-morning trading.
Source: ctv business
North American stock markets up in late-morning trading, loonie rises

Twitter Inc. said on Wednesday that users will be required to remove new tweets that advance harmfully false or misleading claims about COVID-19 vaccinations, in an expansion of its rules on coronavirus misinformation.
Source: ctv business
Twitter bans harmful false claims about COVID-19 vaccinations

Mask violations are on the naughty list for Ottawa Bylaw this holiday season during the COVID-19 pandemic.
Source: ctv business
Seven charges, 55 warnings for mask violations at Ottawa retail stores during holiday season

Bitcoin smashed through US$20,000 for the first time on Wednesday, its highest ever, amid increased institutional and corporate interest.
Source: ctv business
Bitcoin shatters US,000 barrier for first time

Canada Mortgage and Housing Corp. says the jump in home prices seen in many cities this summer and fall was beyond what could be justified by Canadian income levels and population growth.
Source: ctv business
Hamilton, Moncton becoming highly vulnerable to housing bubble, CMHC says

Despite the MeToo and Black Lives Matter movements spurring a push for change across corporate Canada, data shows the country’s most powerful companies haven’t made much progress since the ’90s.
Source: ctv business
Diverse candidates still shut out of corporate leadership amid slow pace of change

Aphria Inc. and Tilray Inc. say they will combine to become the world’s largest cannabis company based on revenue.
Source: ctv business
Aphria and Tilray to merge, will use Tilray name for new company

The country’s annual inflation rate in November rose to its fastest pace since the start of the pandemic, driven by a rise in prices for homes, rent and goods around the house.
Source: ctv business
Annual pace of inflation climbs to 1.0 per cent in November