Direct Loan Canada Blog

The LCBO says it will be extending store hours starting this week in response to a potential strike involving its unionized workers.
Source: ctv business
LCBO extending hours across province ahead of possible strike

A tally by The Canadian Press of Alberta Energy Regulator data shows oil and gas companies in the province flared approximately 754 million cubic metres of natural gas last year, exceeding the annual provincial limit of 670 million cubic metres.
Source: ctv business
Alberta oil and gas sector exceeded flaring limit in 2023, data shows

Unifor said on Sunday that 1,350 of its members are on strike at Bombardier’s facilities after the two sides were unable to reach a tentative agreement before the Saturday deadline.
Source: ctv business
Unifor announces strike action against Bombardier

Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four years.
Source: ctv business
Economists say BoC could cut interest rates again in July if inflation keeps cooling

Trends suggests a growing approval of DIY investing in Canada, but that doesn’t necessarily mean it’s right for you. In his personal finance column for CTVNews.ca, Christopher Liew outlines what would-be investors need to know.
Source: ctv business
DIY investing vs. hiring a professional: Which is right for you?

A group of hackers claiming responsibility for a cyberattack on CDK’s software systems has demanded millions of dollars in ransom to put an end to the hack, which affected auto dealers across the United States, Bloomberg News reported on Friday.
Source: ctv business
CDK hackers want millions in ransom to end car dealership outage, Bloomberg News reports

CDK Global, a company that provides software for thousands of auto dealers in the U.S. and Canada, was hit by back-to-back cyberattacks on Wednesday. That led to an outage that continued to impact many of their operations on Friday.
Source: ctv business
Car dealerships in Canada, U.S. disrupted by multi-day outage after cyberattacks

The decrease in the Bank of Canada’s (BoC) interest rate has helped buyers gain more confidence in the real estate market, but an Ottawa real estate broker says uncertainty remains an issue leaving some buyers skeptical.
Source: ctv business
Here’s how to take advantage of the market conditions to buy a home

Truth Social owner Trump Media & Technology Group has gone ice-cold.
Source: ctv business
Trump Media shares are in free fall

TikTok and Chinese parent ByteDance on Thursday urged a U.S. court to strike down a law they say will ban the popular short video app in the United States on Jan. 19, saying the U.S. government refused to engage in any serious settlement talks after 2022.
Source: ctv business
TikTok says U.S. ban is inevitable without a court order blocking law