Direct Loan Canada Blog

Shoppers Drug Mart is facing a proposed class-action lawsuit by current and former franchise owners at the retail chain who allege parent company Loblaw engaged in corporate practices that placed them in an “irredeemable conflict of interest” and put patient care at risk.
Source: ctv business
Proposed class-action lawsuit against Shoppers Drug Mart alleges ‘unsafe and unethical corporate practices’

As Canadians deal with a crushing housing shortage, high rental prices and inflationary price pressures, now Equifax Canada is warning that Canadian consumers are increasingly under stress”from the surging cost of living.
Source: ctv business
Living paycheque-to-paycheque: ‘Canadians are under stress,’ warns Equifax

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
Source: ctv business
Housing starts down seven per cent in March from February: CMHC

The annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline, Statistics Canada said Tuesday.
Source: ctv business
Annual inflation rate increased to 2.9% in March

Some flights may be departing from Toronto Pearson International Airport with “less or no food” after workers who prepare meals for in-flight service walked off the job on Tuesday, the union representing employees says.
Source: ctv business
Striking food service workers at Toronto’s Pearson airport say meals on some flights may be impacted by labour action

Tim Hortons is launching flatbread pizzas nationally in a bid to pick up more afternoon and evening customers.
Source: ctv business
Tim Hortons launches pizza nationally to ‘stretch the brand’ to afternoon, night

The U.S. Department of Justice is preparing to file an antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Source: ctv business
U.S. Justice Department files antitrust suit against Live Nation over ticket monopoly

A Vancouver woman whose company duped investors by promising big returns on real-estate deals that would house the homeless has been ordered to pay nearly $626,000 after the British Columbia Securities Commission deemed the operation a Ponzi scheme.
Source: ctv business
B.C. fraudster who lured investors with promise to help homeless fined by securities regulator

Apple’s smartphone sales tumbled 10 per cent last quarter, according to market research firm IDC, as sales in China fell sharply.
Source: ctv business
iPhone sales are plunging. Here’s why

Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags.
Source: ctv business
Walmart launches pilot program for customers to recycle reusable shopping bags