Direct Loan Canada Blog

Members of the Bank of Canada’s governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Source: ctv business
Bank of Canada officials split on when to start cutting interest rates

British competition regulators said Wednesday they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.
Source: ctv business
Microsoft and Amazon face scrutiny from U.K. competition watchdog over recent AI deals

The RCMP says a former SNC-Lavalin executive has been sentenced to three and a half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal.
Source: ctv business
Ex-SNC executive sentenced to prison term in bridge bribery case

Tesla’s first-quarter net income plummeted 55 per cent as falling global sales and price cuts sliced into the electric vehicle maker’s revenue and profit margins.
Source: ctv business
Tesla’s first-quarter net income tumbles as falling global sales and price cuts reduce profits

Alberta’s alcohol industry is pushing back against a provincial government consideration to allow liquor sales in grocery and convenience stores.
Source: ctv business
Liquor sales are a possibility in Alberta grocery stores, but expect pushback

The proposed merger of agricultural giants Viterra and Bunge is raising competition concerns from the federal government.
Source: ctv business
Competition bureau finds ‘substantial’ anti-competitive effects with proposed Bunge-Viterra merger

Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador.
Source: ctv business
Rideshare platform Uber expands to Newfoundland and Labrador

Cyberattacks on businesses are rising, including small businesses. It’s a troubling trend because a breach can be very costly and time consuming if owners don’t have a plan to deal with one.
Source: ctv business
Cyberattacks are on the rise, and that includes small businesses. Here’s what to know

Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people.
Source: ctv business
Equifax Canada testing use of rental payment data for credit scores

As new graduates enter the workforce over the next few weeks, they are likely to face challenges getting their foot in the door and must be prepared to effectively communicate what they bring to the company.
Source: ctv business
Soft skills, preparation can help new graduates land jobs, experts say