Direct Loan Canada Blog

Canadians crossing the U.S. border shop for products they can’t find in Canada, and save money even with the loonie worth about three-quarters of a U.S. dollar.
Source: ctv business
‘Make a day out of it’: How to save money on cross-border shopping

A new foot passenger ferry service between Campobello Island, N.B., and Eastport, Maine, marks the revival of a transportation link across the Passamaquoddy Bay’s international boundary.
Source: ctv business
New foot passenger ferry between New Brunswick and Maine arrives this weekend

PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks.
Source: ctv business
PepsiCo’s Q2 profits jump but customers slow their purchases after years of price hikes

Aircraft landing gear maker Heroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion.
Source: ctv business
U.S. private equity firm to buy Heroux-Devtek in deal valued at .35 billion

Royal Bank of Canada is making changes to its executive suite and splitting its personal and commercial banking division into two groups following its acquisition of HSBC Bank Canada earlier this year.
Source: ctv business
RBC makes changes to executive suite after HSBC acquisition

Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest rate last month did not lead to a rush in demand.
Source: ctv business
‘The tale the market tells’: An update on Canada’s real estate markets

Costco is increasing its annual membership fees in Canada and the U.S. this fall to $65.
Source: ctv business
Costco to increase annual membership fee to this September

About a dozen fishers interrupted a news conference with the country’s environment ministers in St. John’s on Wednesday to demand the federal government reinstate a 32-year moratorium on commercial cod fishing in the province.
Source: ctv business
Fisher protest interrupts environment ministers’ press conference

Tipping is meant to empower customers and motivate workers to deliver quality service, but some question whether the prevalent practice actually enhances customers’ experience.
Source: ctv business
Does tipping culture lead to better service? Here’s what experts say

Tipping is meant to empower customers and motivate workers to deliver quality service, but some question whether the prevalent practice actually enhances customers’ experience.
Source: ctv business
Does tipping encourage better service? Here’s what experts say