Direct Loan Canada Blog

The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.
Source: ctv business
Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants.
Source: ctv business
Wendy’s says it has no plans to ‘implement surge pricing’ at restaurants

The start of first quarter bank earnings saw Scotiabank and BMO put more money aside for loans that may go sour in the near-term, while they forecast better conditions ahead.
Source: ctv business
Scotiabank, BMO prepare for near-term loan weakness and better times ahead

From paying for exorbitant last-minute tickets to sleeping overnight at airports and having flights cancelled after boarding the plane, Lynx Air travellers are sharing how they were left ‘stranded’ abroad as the airline wound down operations.
Source: ctv business
‘Every minute that passed the prices of flights were going up’: Lynx Air travellers left scrambling to return home

Appliance manufactures and a Montreal lawyer say proposed Quebec language regulations will lead to fewer choices and higher costs for products like home appliances.
Source: ctv business
Proposed Quebec language rules will lead to fewer products, higher prices: lawyer

Japan’s Sony 6758.T is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
Source: ctv business
‘Tough decisions’: Sony to lay off 900 PlayStation employees, shut London studio

Multiple offers are mounting for houses under the $1 million mark in Toronto while prices stay steady and competition moves faster and fiercer, according to real estate agents in the city.
Source: ctv business
Multiple offers mounting for houses under million in Toronto: real estate agents

Expedia, the online travel agency, is eliminating about 1,500 employees as part of an ‘organizational and technological transformation.’
Source: ctv business
Expedia is cutting 1,500 jobs as travel demand slows

A year after Canada tightened foreign investment rules for the critical minerals sector, Chinese money has continued to pour into Toronto-listed miners, according to proprietary research conducted by the University of Alberta.
Source: ctv business
Chinese money still chasing Canadian critical mining deals despite Ottawa’s scrutiny

More than 20 per cent of Canadians would consider purchasing a home with a family member in order to break into the housing market, according to a new report by Re/Max.
Source: ctv business
New report suggests Canadian households are turning to ‘creative solutions’ to get into housing market