Direct Loan Canada Blog

All 79 locations of pharmacy and retail chain London Drugs were shut down Sunday after it was the victim of a “cybersecurity incident.”
Source: ctv business
‘Cybersecurity incident’ shuts down London Drugs stores across Western Canada

The rise of remote and hybrid work has made it harder to justify a full office, so more are leaning on co-working spaces that they share with many others for convenience and cost savings. The choice, however, comes at the expense of privacy and control.
Source: ctv business
Fair share: the right office solution can take finding the right partner

The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
Source: ctv business
What is a ‘halal mortgage’? Does it make housing more accessible?

The federal and Quebec governments are spending close to $100 million to boost the country’s manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
Source: ctv business
Ottawa, Quebec commit 0M for semiconductor capacity in Bromont, Que., 280 jobs

Ford’s electric vehicle unit reported that losses soared in the first quarter to US $1.3 billion, or US$132,000 for each of the 10,000 vehicles it sold in the first three months of the year.
Source: ctv business
Ford just reported a massive loss on every electric vehicle it sold

The number of vacant jobs in Canada increased in February, while monthly payroll employment decreased in food services, manufacturing, and retail trade, among other sectors.
Source: ctv business
Monthly earnings rise, payroll employment falls: jobs report

Boeing said Wednesday that it lost US$355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
Source: ctv business
Boeing’s financial woes continue, while families of crash victims urge U.S. to prosecute the company

New condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found.
Source: ctv business
New condo sales in the Toronto area hit low not seen since financial crisis

The federal government’s proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here’s what you need to know about the move.
Source: ctv business
What is changing about Canada’s capital gains tax and how does it impact me?

The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to U.S. President Biden for his signature. In India, the app was banned nearly four years ago.
Source: ctv business
TikTok may be banned in the U.S. Here’s what happened when India did it