Direct Loan Canada Blog

A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
Source: ctv business
Small, well-built Chinese EV called the Seagull poses a big threat to the U.S. auto industry

Four years on, the controversy over whether airlines owed refunds to passengers after cancelling hundreds of thousands of flights during the pandemic continues to simmer, aggravated by a sluggish, opaque complaints process.
Source: ctv business
No refund for travellers who cancelled flight already scrapped by airline: regulator

With carriers’ flight volumes above the 60th parallel hovering below pre-pandemic levels, Canadian North’s first Inuk CEO now bears the task of balancing those financial and logistical challenges with the needs of communities for which she feels a deep affinity.
Source: ctv business
Balancing act: Canadian North’s first Inuk CEO juggles Arctic airline challenges

The union representing WestJet Encore pilots says its members rejected the tentative deal reached last month, with just over half voting the agreement down.
Source: ctv business
WestJet Encore pilots reject tentative deal; airline says no impact on operations

Canada’s labour market rebounded in April, adding more than 90,000 jobs, a staggering number of new positions after four consecutive months of little change.
Source: ctv business
Expecting an interest rate cut in June? Don’t bet on it after new jobs data

Parliamentarians are considering a pair of bills aiming to lift people out of poverty through a basic income program, but some fear these types of systems could result in more taxes for Canadians who are already financially struggling.
Source: ctv business
What is basic income, and how would it impact me?

Target confirmed Friday that it won’t carry Pride Month merchandise at all stories this spring after the discount retailer experienced backlash and lower sales over its collection honoring LGBTQ2S+ communities.
Source: ctv business
Target to reduce number of stores carrying Pride-themed merchandise after backlash

Over the last decade, students have pushed universities to cut financial ties with fossil fuel producers, weapons manufacturers, tobacco companies and prison firms. Here’s why it’s not always that simple.
Source: ctv business
Pro-Palestinian protesters demand endowment transparency. But it’s proving not to be simple

Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
Source: ctv business
Average hourly wage in Canada now .95: StatCan

A fake website selling lawn mowers and snow blowers at a 90 per cent discount are ‘in no way associated with’ Honda Canada, the company is warning consumers.
Source: ctv business
Fake website selling Honda lawn mowers for 90% off