Direct Loan Canada Blog

Canada’s inflation figures came in softer than expected for a second consecutive month, suggesting to economists that the Bank of Canada will have ample grounds to begin cut interest rates in the coming months.
Source: ctv business
‘Unambiguously good’: Inflation slows in February as price growth unexpectedly eases

New meat labelling rules in the United States could have an impact on the ability of Canadian beef producers to move their product into its largest consumer market.
Source: ctv business
New U.S. meat labelling rules causing Canadian cattle industry concern

A traveller who accused WestJet of failing to deliver his luggage during a weeks-long trip from Canada to the U.K. is not entitled to compensation, B.C.’s small claims tribunal has ruled.
Source: ctv business
No compensation after B.C. man says WestJet failed to deliver luggage to London

Two former employees of a Kitchener, Ont., grocer said their Ministry of Labour cases were settled, but only one has been paid what they were allegedly owed.
Source: ctv business
Former Dutchie’s employees say they took wage disputes to Ont. Ministry of Labour

Federal prosecutors on Monday painted one-time British tech star Mike Lynch as the ruthless mastermind of an US$11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard.
Source: ctv business
Former British tech star depicted as scam artist, visionary in trial about HP’s disastrous 2011 deal

Elon Musk said he is ‘almost always’ sober during his late-night — or, in some cases, very early morning — posting sessions on his social media platform, X.
Source: ctv business
Elon Musk details his prescription ketamine use, says investors should want him to ‘keep taking it’

The CEO of United Airlines is trying to reassure travellers that the airline is safe despite a series of recent incidents ranging from a panel falling off a plane to an engine fire.
Source: ctv business
United Airlines CEO tries to reassure customers that the airline is safe despite recent incidents

Sports Illustrated isn’t shutting down, after all. The iconic sports magazine is set to get new life under a publishing deal announced Monday by Authentic Brands Group, which owns the magazine’s intellectual property rights.
Source: ctv business
Sports Illustrated to avert shutdown as it gets a fresh start under new publisher

Canada, citing the need to shun Russian energy, on Monday signed an agreement with Germany that it said would accelerate work towards the commercial-scale trade of clean hydrogen fuel.
Source: ctv business
Canada signs hydrogen deal with Germany, cites need to shun Russia energy

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.
Source: ctv business
Housing in Canada: Home sales in February up nearly 20% compared with year ago