Direct Loan Canada Blog

Canada’s main stock index posted a triple-digit advance in late-morning trading led by the energy and financial sectors, while U.S. stock markets also climbed higher in the wake of positive test results for a second potential COVID-19 vaccine.
Source: ctv business
Energy and financials boost S&P/TSX composite, U.S. stock markets rise

The U.K.’s chief Brexit negotiator said Sunday before renewed talks that a trade deal with the European Union may not succeed, but he was still hopeful of a resolution.
Source: ctv business
Brexit: Trade deal ‘may not succeed’ before year end

Executives at several American laboratories developing COVID-19 vaccines have recently pocketed millions of dollars by selling shares in their companies.
Source: ctv business
As pharmaceutical execs sell shares worth millions, questions arise

China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.
Source: ctv business
ASEAN, China, other partners set world’s biggest trade pact

The Alberta government is not taking kindly to the latest attempt by Michigan’s governor to shut down Enbridge’s Line 5 pipeline.
Source: ctv business
Alberta’s energy minister pushes back at attempt to shut down Enbridge’s Line 5

The Group of 20 nations, representing the world’s biggest economies, announced Friday that low-income countries hardest hit by the fallout of the coronavirus pandemic could potentially get an extension on their debt payments beyond mid-2021, and in the most severe cases, a debt write-off.
Source: ctv business
G20 agrees on framework for more debt relief amid COVID-19

Only a few of America’s CEOs have made public statements about U.S. President Donald Trump’s refusal to accept his election loss, but in private, many are alarmed and talking about what collective action would be necessary if they see an imminent threat to democracy.
Source: ctv business
Top CEOs largely silent on Trump election denial, for now

Microsoft said it has detected attempts by state-backed Russian and North Korean hackers to steal valuable data from leading pharmaceutical companies and vaccine researchers.
Source: ctv business
Microsoft: Russian, North Korean hackers target vaccine work

Two Banff National Park resorts have had their earliest openings on record: Banff Norquay opened Oct. 24 and Lake Louise opened Oct. 29.
Source: ctv business
Snow, cold and COVID-19 precautions usher in early ski season in Western Canada

Stocks were moderately higher in Friday morning trading, recovering some of the declines markets posted the day before as investors became increasingly worried about rising coronavirus infections and their impact on the U.S. and global economy.
Source: ctv business
U.S. stocks open higher, are headed for another weekly gain