Direct Loan Canada Blog

U.S. airfares in January reached a 15-year low – excluding peak pandemic fares – but while our two countries have a lot in common, experts say Canadian travellers shouldn’t expect the same deep discounts here.
Source: ctv business
U.S. airfares are lower than before the pandemic. What about in Canada?

Change is in the works that will give Canadian consumers and businesses significantly more control over their financial data, including who they share it with, in what’s known as open banking.
Source: ctv business
Big changes are coming to how Canadians bank, but adoption likely to be slow

Technology that tracks your location at work and the time you’re spending in the bathroom. A program that takes random screenshots of your laptop screen. A monitoring system that detects your mood during your shift.
Source: ctv business
With AI, workplace surveillance has ‘skyrocketed’—leaving Canadian laws behind

It appears to be a good time to be a food producer in Canada. Forecasts from Agriculture Canada suggest Canadian farm net cash income will reach a new record in 2023.
Source: ctv business
Canadian farm income expected to reach new record high

OpenAI is reinstating CEO Sam Altman to its board of directors and said it has ‘full confidence’ in his leadership after the conclusion of an outside investigation into the company’s turmoil.
Source: ctv business
OpenAI has ‘full confidence’ in CEO Sam Altman after investigation, reinstates him to board

The federal government is spending $2.5 million to expand an entrepreneurship program for Indigenous women and create a similar program for Indigenous youth.
Source: ctv business
New funding announced for federal programs that support Indigenous entrepreneurs

The CEOs of four of Canada’s biggest banks received an average $11 million in compensation last year, despite most of them failing to meet performance targets.
Source: ctv business
Bank CEO average pay tops million despite most missing performance targets

Hudson’s Bay announced Friday that it will begin stocking the U.S. retailer’s children’s apparel brand Cat & Jack in its department stores and online on March 14.
Source: ctv business
A touch of Target is coming back to Canada

The Canadian economy added 41,000 jobs in February as employment gains continue to lag strong population growth in the country.
Source: ctv business
Canada’s unemployment rate rises to 5.8%

As the federal government pushes to reduce bank fees, a report from an economist figures Canadians are overpaying by more than $7.7 billion a year.
Source: ctv business
Canadians paying billions of dollars in ‘excess’ bank fees: report