Direct Loan Canada Blog

Canada’s housing agency says it is ending the first-time homebuyer incentive program. Canada Mortgage and Housing Corp. says the deadline for new or updated submissions to the program is midnight eastern time on March 21.
Source: ctv business
First-time homebuyer incentive discontinued: CMHC

A number of government agencies in the European Union and elsewhere have voiced concerns about security risks as Apple opens up its iPhones and iPads to rival app stores to comply with EU tech rules, Apple said on Friday.
Source: ctv business
Number of agencies have concerns about ‘sideloading’ on iPhone, Apple says

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker’s founding aims of benefiting humanity rather than pursuing profits.
Source: ctv business
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Despite an unseasonably warm winter, there’s a chill across the Canadian retail landscape.
Source: ctv business
‘Nobody needs an extra coat’: Apparel sector braces for another year of no splurging

Ontario’s financial services regulator is making it easier for consumers to verify the credentials of financial advisers and financial planners.
Source: ctv business
Ontario regulator launches consumer tool to verify financial adviser credentials

Meta said on Friday it will not enter into new commercial deals for traditional news content in Australia, France and Germany.
Source: ctv business
Meta says it will no longer pay for news in Australia, Germany and France

The world’s largest brewer may have lost as much as US$1.4 billion in sales because of the backlash to its brief partnership with a transgender influencer to promote Bud Light beer.
Source: ctv business
Bud Light boycott likely cost Anheuser-Busch InBev over US billion in lost sales

The Competition Tribunal heard a second day of arguments Thursday in a case that could decide whether Cineplex can keep charging customers an extra fee for buying movie tickets online.
Source: ctv business
Tribunal wraps first ‘junk fee’ case over online fees for Cineplex movie tickets

Gemini is run by the Winklevoss twins, who are best known for spending years in litigation accusing Meta’s Mark Zuckerberg of stealing their idea for Facebook and eventually received a US$65 million settlement.
Source: ctv business
Crypto exchange Gemini to pay US.1 billion back to customers

Canada’s public broadcaster is getting an increase in funding, despite executives insisting that a request to cut CBC/Radio-Canada’s budget for the next fiscal year was one reason they announced layoffs for 10 per cent of staff.
Source: ctv business
Ottawa adds funding to CBC; broadcaster will get .4B budget