Direct Loan Canada Blog

Disney Plus is raising the price of its monthly subscription by $3 in Canada next year, but the hike will come with the addition of a new portal of entertainment.
Source: ctv business
Disney Plus to hike monthly price by in Canada, introduces new Star service

Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday.
Source: ctv business
Household debt ratio rises to 170.7 per cent, StatCan says

U.S. financial news service Bloomberg said Friday that Chinese authorities have detained one of its Beijing-based news assistants on what they said was suspicion of endangering national security.
Source: ctv business
Chinese authorities detain Bloomberg news assistant

Luxury sports car maker Ferrari says its chief executive, Louis Camilleri, has resigned for personal reasons.
Source: ctv business
Ferrari CEO resigns 2 years after replacing Marchionne

U.S. stocks fell in midday trading Friday as prospects for another aid package from Washington faded while a surge in virus cases threatens to inflict more damage on an already battered economy.
Source: ctv business
Stocks extend losses as virus aid languishes in Congress

Canada’s main stock index closed lower on the day but still posted its sixth consecutive weekly gain on anticipation that vaccines will drive a rebound in the months to come.
Source: ctv business
S&P/TSX composite closes lower but posts sixth consecutive weekly gain

Lululemon Athletica Inc. beat expectations as its net profit increased 14 per cent to US$143.6 million in the third quarter on higher revenues.
Source: ctv business
Lululemon beats expectations as Q3 profits increase 14 per cent to US3.6 million

Many Canadian publishers are expecting to see sales revenues slashed nearly in half this year as the COVID-19 crisis has made it harder for readers to find homegrown titles, a recent survey suggests.
Source: ctv business
Dozens of Canadian publishers project at least a 40 per cent revenue hit, survey says

Credit card companies MasterCard and Visa say they will no longer allow the cards to be used on Pornhub, a website owned by the Montreal-based company Mindgeek.
Source: ctv business
MasterCard, Visa end card use on Pornhub site

A deputy governor of the Bank of Canada says its low borrowing rates are not designed to provide a free lunch for the government, calling the idea a misconception.
Source: ctv business
Bank of Canada bond-buying program faces misconceptions, deputy governor says