Direct Loan Canada Blog

Tim Hortons insists a potential class action lawsuit involving customers who were sent an email by mistake during the company’s Roll up to Win contest has “no merit.”
Source: ctv business
Tim Hortons says potential lawsuit for Roll Up To Win prize snafu has ‘no merit’

The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
Source: ctv business
What is capital gains tax? How is it going to affect the economy and the younger generations?

Lululemon Athletica will close its distribution centre in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday.
Source: ctv business
Lululemon to shutter Washington distribution centre, lay off 128 employees

The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with “robust” sales after announcing it would file for creditor protection and close 33 stores.
Source: ctv business
The Body Shop Canada explores sale as demand outpaces inventory: court filing

Netflix shares fell on Friday, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 sowed doubts in investor minds about growth peaking in some markets for the streaming pioneer.
Source: ctv business
Netflix slides as move to end sharing user count sparks growth worries

As Canada’s biggest bookstore-turned-gift-giver’s-paradise edges toward privatization, it’s evident from a stroll around one of its Toronto stores that the retailer knows some things haven’t been working.
Source: ctv business
‘Won’t be a quick fix’: Indigo needs turnaround as privatization nears, experts say

Booming sales of cold drinks at Starbucks have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in.
Source: ctv business
Starbucks will roll out a redesigned plastic cup in Canada this month in a bid to reduce plastic waste

Google has fired 28 employees involved in protests over the tech company’s cloud computing contract with the Israeli government, according to statements from the company and campaigners.
Source: ctv business
Google fires 28 workers after office sit-ins to protest cloud contract with Israel

Google has fired 28 employees in the aftermath of protests over technology that the internet company is supplying the Israeli government amid the Gaza war, further escalating tensions surrounding a hot-button deal.
Source: ctv business
Google fires 28 workers in aftermath of protests over big tech deal with Israeli government

The challenges facing home buyers mean it’s all the more important to do research and negotiate on rates, mortgage experts say, though they also caution that there’s more to focus on than just what looks like the cheapest upfront option.
Source: ctv business
Getting the lowest mortgage rates in a high interest rate world