Direct Loan Canada Blog

The Canadian economy lost momentum after a roaring start to the year, reinforcing economists’ expectations that the Bank of Canada is on track to cut interest rates in the coming months.
Source: ctv business
Canadian economy loses steam after strong start to year, grows 0.2% in February

The federal government says the task force it created to monitor and investigate grocery retailers’ practices has not conducted any probes and doesn’t have a mandate to take enforcement action.
Source: ctv business
NDP says Ottawa’s new grocery task force isn’t living up to government promises

When Shake Shack crosses the border into Canada later this year, it will make its debut at one of the country’s most prominent intersections with a menu largely borrowing from what it serves in the U.S.
Source: ctv business
Shake Shack reveals plans for first Canadian location at Toronto’s Yonge-Dundas Square

For the first time in eight years, Canada imported more electricity from the U.S. than it exported amid prolonged dry conditions that have reduced hydroelectric power generation.
Source: ctv business
Electricity imports from U.S. topped exports in February amid drought: StatCan

Medical device maker Philips said Monday it will pay US$1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a massive global recall.
Source: ctv business
Philips will pay US.1 billion to resolve U.S. lawsuits over breathing machines that expel debris

The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
Source: ctv business
Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey

Dozens of London Drugs stores across Western Canada remained closed Monday following what the company described as a “cybersecurity incident” over the weekend.
Source: ctv business
London Drugs stores remain closed Monday after ‘cybersecurity incident’

The clock is ticking ahead of the deadline to file a 2023 income tax return. A personal finance expert explains why you should get them done — even if you owe more than you can pay.
Source: ctv business
So you haven’t filed your taxes yet…

The clock is ticking ahead of the deadline to file a 2023 income tax return. A personal finance expert explains why you should get them done — even if you owe more than you can pay.
Source: ctv business
‘Double whammy’: What happens if you don’t file your taxes by the deadline

A boycott targeting Loblaw is gaining momentum online, with what could be thousands of shoppers taking their money elsewhere in May.
Source: ctv business
‘Deeply unhappy’ grocery shoppers plan to boycott Loblaw-owned stores in May