Direct Loan Canada Blog

Canada’s main stock index resumed its upward climb to end a strong week that was shaped by heightened hopes for a COVID-19 vaccine.
Source: ctv business
S&P/TSX composite resumes climb to end week propelled by COVID-19 vaccine news

U.S. President Donald Trump has stepped up a conflict with China over security and technology by barring Americans from investing in companies that U.S. officials say are owned or controlled by the Chinese military.
Source: ctv business
Trump bans U.S. investment in Chinese military-linked firms

A Mi’kmaq First Nation that encountered violence after it opened a self-regulated lobster fishery says it will launch a series of lawsuits against non-Indigenous fishers for alleged damages incurred by its members.
Source: ctv business
First Nation to launch lawsuits against N.S. commercial fishers for alleged damages

The second-in-command at the Bank of Canada is warning that economic ‘scars’ from the COVID-19 pandemic could become permanent without concerted effort from Canadians in all walks of life.
Source: ctv business
Bank of Canada deputy warns of long-lasting pandemic ‘scars’ on economy

Mutual of Omaha on Thursday unveiled a new corporate logo depicting an African lion, replacing the Indian chief head that had been the symbol of the insurance and financial services company for 70 years.
Source: ctv business
Mutual of Omaha replaces Indian chief logo with African lion

An Ontario judge has ordered Hudson’s Bay Co. to pay half the rent owing at one of its department stores, while blocking a landlord’s attempt to evict the iconic retailer.
Source: ctv business
Landlord’s attempt to evict HBC blocked for now, but retailer ordered to pay rent

As end-of-year campaigns get under way, the charity industry is facing an uncertain time with job losses stemming from the COVID-19 pandemic undermining donors’ ability to give while simultaneously boosting demand for charitable services.
Source: ctv business
Giving amid tough times? Here’s how to make your charitable donations count

Many people are discovering they enjoy working from home. Should they pay higher taxes if they decide to stay away from the office even after the pandemic?
Source: ctv business
Should you pay higher taxes because you work from home?

Loblaw Companies Ltd. topped expectations with its quarterly financial results released Thursday, as Canadians continue to spend more on groceries during the COVID-19 pandemic.
Source: ctv business
Loblaw Companies raises quarterly dividend, beats Q3 profit expectations

It took a pandemic for Canadians to take their credit report more seriously, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes in her column for CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: More consumers checking credit report amid pandemic, survey finds