Direct Loan Canada Blog

U.S. stocks rose broadly in afternoon trading Tuesday, sending the S&P 500 toward another record high, as investors focus on the possibility that coronavirus vaccines could soon help usher in a fuller global economic recovery.
Source: ctv business
Stocks rise; S&P 500 approaches another all-time high

Ottawa is rolling out a wave of new funding for pandemic-battered industries including tourism, the arts and regional aviation, with smaller companies top of mind — and large airlines notably absent.
Source: ctv business
Ottawa beefs up loans for hard-hit sectors, but big airlines not included for now

Minnesota regulators have approved the final permit for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin construction on the US$2.6 billion project.
Source: ctv business
Enbridge Line 3 pipeline project clears final hurdle with Minnesota approval

Home prices are increasing in Canada’s cottage country as more buyers look to move there full-time, according to a report released Monday by Royal LePage.
Source: ctv business
Home prices rise in cottage country amid demand from remote workers, retirees

Bitcoin just hit another milestone in its impressive 2020 run, surging to a new all-time high of about US$19,860 on Monday.
Source: ctv business
Bitcoin hits an all-time high of just under US,000

Indian Prime Minister Narendra Modi tried to placate thousands of farmers protesting new agriculture laws Monday and said they were being misled by opposition parties and that his government would resolve all their concerns.
Source: ctv business
Modi tries to placate Indian farmers protesting new laws

DoorDash is looking for a valuation of nearly US$30 billion when it takes itself public, reflecting how integral food delivery has become in millions of people’s lives during the pandemic.
Source: ctv business
DoorDash looking for a valuation of nearly USB

Wireless carriers in the U.K. won’t be allowed to install Huawei equipment in their high-speed 5G networks after September 2021, the British government said Monday, hardening its line against the Chinese technology company.
Source: ctv business
U.K. to ban new Huawei gear installations after September

In a new report by Equifax, total outstanding consumer debt now tops $2 trillion, despite COVID-19 concerns. Chief Financial Commentator Pattie Lovett-Reid explains in her column on CTVNews.ca that the time to act is now to keep debt levels under control, and she outlinessome warning signs to watch for.
Source: ctv business
Pattie Lovett-Reid: Canadians are back to borrowing at pre-pandemic levels

U.S. stocks are pulling back from their record levels Monday, as Wall Street puts a quiet coda on one of its most rocking months in decades.
Source: ctv business
Stocks fall as Wall Street puts quiet stamp on rocking month