Direct Loan Canada Blog

Millions of computers went offline around the world on Friday after a faulty CrowdStrike software update impacted airlines, hospitals, banks and broadcasters. Cyber experts say Canada failed in its response compared to other countries, showing it’s vulnerable and ill-prepared for future attacks.
Source: ctv business
Here’s why cyber experts say Canada failed in its response to the CrowdStrike outage

Shares of CrowdStrike plunged 13 per cent on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week.
Source: ctv business
CrowdStrike shares tumble 13% on IT outage impact

Air Canada has lowered its 2024 earnings forecast, saying its planes have not been flying as full as anticipated this summer in part due to tough competition in international markets.
Source: ctv business
Air Canada cuts 2024 forecast amid tough competition, excess capacity

Ryanair said Monday that it expects airfares during the busy summer travel season to be ‘materially lower’ than last year as the low-cost carrier reported a plunge in profits.
Source: ctv business
Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing.
Source: ctv business
Markets bet on second Bank of Canada interest rate cut coming this week

Ontario Premier Doug Ford says he believes the province’s main liquor retailer has a bright future as thousands of workers returned to work Monday after a two-week strike.
Source: ctv business
LCBO has bright future, Premier Ford says as two-week-long strike comes to an end

Taylor Swift fans know all too well the costs that come with travelling to see the singer live on her Eras Tour.
Source: ctv business
‘A temporary bump’: Taylor Swift’s effect on inflation and tourism during the Eras Tour

The term ‘coffee badging’ has gained some new significance this week with multiple outlets reporting Amazon is allegedly taking measures to counter the workplace trend it refers to.
Source: ctv business
Workplace habit of ‘coffee badging’ prompts reported new policy at Amazon

Canada’s airports, hospitals and police services are still returning to normal operations a day after a defective update to computers using Microsoft Windows caused a global technology outage.
Source: ctv business
Canada’s airports, hospitals begin returning to normal after global IT outage

Amid the cost-of-living crisis, many Canadians are looking to find ways to save money, such as downsizing their home. But one Ottawa broker says there are several signs to consider before making the big decision.
Source: ctv business
Here are the signs you’re ready to downsize your home