Direct Loan Canada Blog

Whenever bestselling author Robin Cook releases a new medical thriller, the head of the public library in West Haven, Conn. knows demand for digital copies will be high. So will the price.
Source: ctv business
Libraries struggle to afford the demand for e-books, seek new laws in U.S. fight with publishers

Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for U.S. President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.
Source: ctv business
U.S. inflation up again in February in latest sign that price pressures remain elevated

Reddit on Monday said it expects to price shares between US$31 and US$34 each when it makes its long-anticipated initial public offering, which will make it the first social media company to go public in years.
Source: ctv business
Here’s how Reddit plans to price shares when it goes public

Big changes could be coming to Canada’s banking system, creating new opportunities for Canadians to control and streamline how they manage their money, but also giving rise to new cybersecurity needs.
Source: ctv business
Open banking could be coming to Canada. Here’s what you need to know

A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner SaltWire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.
Source: ctv business
SaltWire faces insolvency after lender files claim

Northern Credit Union, based in Sault Ste. Marie, and Copperfin Credit Union, based in Thunder Bay and Kenora, are moving ahead with plans to merge.
Source: ctv business
Credit unions in northwest, northeast Ont. move ahead with merger

Airbnb is banning the use of indoor security cameras in listings globally, the short-term rental platform announced Monday.
Source: ctv business
Airbnb bans the use of indoor security cameras

A Trader Joe’s canvas mini tote bag that costs about the same as a pack of gum is being resold online for nearly 200 times its retail price.
Source: ctv business
These viral US.99 Trader Joe’s tote bags are being resold for as much as US0 on eBay

Cruise ships are once again docking in Vancouver’s Coal Harbour as the industry prepares for a record-breaking season.
Source: ctv business
Vancouver’s cruise season kicks off with arrival of Disney Wonder

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic.
Source: ctv business
Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts