Direct Loan Canada Blog

The high cost of groceries isn’t just taking a bite out of Canadians’ bank accounts, it’s also devouring any hope that prices may decrease.
Source: ctv business
The cost of groceries is changing the way Canadians shop. Here’s how

Canada’s largest grocer expects this year to be much like the last: customers continuing to seek discounts and deals, leading to more growth at the company’s discount brands and banners, and higher profits.
Source: ctv business
Loblaw profits and sales continue growing as shoppers look for more deals

One year after the conclusion of the world’s biggest trial of a four-day work week, a large majority of companies that took part were still allowing their employees to work a shorter week and more than half had made the change permanent.
Source: ctv business
The four-day work week is here to stay at U.K. companies that tried it

A cellular phone service outage on Thursday hit thousands of AT&T users in the United States, disrupting calls and text messages as well as emergency services in major cities.
Source: ctv business
AT&T outage hits thousands in U.S., disrupting cellular services

AT&T said the hourslong outage to its U.S. cellphone network Thursday appeared not to be the result of a malicious attack.
Source: ctv business
AT&T says the outage to its US cellphone network was not caused by a cyberattack

Almost two-thirds of Canadians say they have switched their primary grocery store in the past year to score better deals.
Source: ctv business
Canadians’ grocery shopping habits increasingly driven by discounts and deals: report

The Saskatchewan government has confirmed it is now being recognized as the individual supplier of natural gas by the Canada Revenue Agency (CRA) as it continues to contemplate whether to remit carbon tax for January.
Source: ctv business
Sask. government says it is now recognized as province’s singular natural gas distributor

Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program, in the wake of several safety and quality-related incidents.
Source: ctv business
Boeing removes head of 737 Max program in wake of safety incidents

The federal government says the final offshore oil and gas permits for Canada’s West Coast have been relinquished.
Source: ctv business
All oil and gas permits in B.C. waters are relinquished, feds say

Traditionally, mutual funds have stood as a go-to investment strategy for those looking to grow their wealth without the effort of stock-picking. But financial columnist Christopher Liew outlines some reasons why mutual funds often aren’t the golden ticket they’re made out to be, especially in Canada.
Source: ctv business
5 reasons not to invest in mutual funds