Direct Loan Canada Blog

A tax break for the holiday season will start this weekend, giving some Canadians relief on year-end shopping. But for small businesses, confusion around what applies for GST relief has emerged.
Source: ctv business
Upcoming GST relief causes confusion for some small Canadian businesses

The B.C. Supreme Court has certified a class-action lawsuit against Airbnb that alleges the short-term rental company has breached provincial consumer protection laws by offering unlicensed real estate brokerage and travel agent services.
Source: ctv business
B.C. Supreme Court certifies class-action lawsuit against Airbnb

Retail consultants say The Body Shop Canada’s expected buyer has plenty of work to do, if it wants to reinvigorate the brand.
Source: ctv business
The Body Shop Canada’s buyer will have to find ways to draw shoppers in: experts

Statistics Canada says the amount Canadian households owe relative to their income fell in the third quarter as a rise in disposable income outpaced the growth in debt.
Source: ctv business
Statistics Canada says household debt-to-disposable income ratio falls in Q3

Meta, the parent company of Facebook and Instagram, said it has donated US$1 million to U.S. president-elect Donald Trump’s inauguration fund.
Source: ctv business
Meta donates US million to Trump’s inauguration fund

Air Canada plans to offer free Wi-Fi to Aeroplan members aboard its flights starting next year, building on a partnership with telecom giant Bell that already gives passengers free text messaging capabilities.
Source: ctv business
Air Canada to offer free Wi-Fi on flights for Aeroplan members, sponsored by Bell

Creditors are expected to vote today on a proposed settlement that would see three major tobacco manufacturers pay out billions to provinces and territories, as well as smokers across Canada.
Source: ctv business
Creditors expected to vote on proposed .5B deal with tobacco giants today

A proposed deal that would see three tobacco giants pay out billions to provinces and territories, as well as smokers across Canada, has been approved by the companies’ creditors, a lawyer representing some of the creditors said Thursday.
Source: ctv business
Creditors approve proposed .5B deal with tobacco giants: lawyer

The union representing Canada Post workers says an unfair labour practice complaint over the company’s layoffs has been resolved.
Source: ctv business
Settlement reached in complaint over Canada Post layoffs as strike hits four weeks

A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages – but it also signals a growing sense of uncertainty about the broader Canadian economy.
Source: ctv business
Bank of Canada interest rate drop good news for mortgage holders