Direct Loan Canada Blog

A small but rapidly growing number of U.S. adolescents began treatment with Novo Nordisk’s weight-loss drug Wegovy last year, a powerful new tool to address record rates of pediatric obesity, according to data shared exclusively with Reuters.
Source: ctv business
Wegovy fuels sharp rise in use of weight-loss drugs for U.S. youth

A small but rapidly growing number of U.S. adolescents began treatment with Novo Nordisk’s weight-loss drug Wegovy last year, a powerful new tool to address record rates of pediatric obesity, according to data shared exclusively with Reuters.
Source: ctv business
Sharp rise in use of weight-loss drugs of U.S. youth

As many Canadians try to squeeze every last dollar out of their budget to cope with the soaring cost of living, financial experts say cutting expenses to the bone is not always a viable option and they should instead focus on increasing their income.
Source: ctv business
When cutting expenses isn’t enough: Experts weigh in on how to increase your income

The Canada Pension Plan Investment Board says its fund earned a net return of 3.4 per cent in its latest quarter.
Source: ctv business
CPP Investments earned 3.4% in latest quarter, net assets grew to 0.8 billion

Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany’s in 2023.
Source: ctv business
Japan slips to the world’s fourth-largest economy, behind the U.S., China and now Germany

Air Canada has been ordered to compensate a B.C. man because its chatbot gave him inaccurate information.
Source: ctv business
Air Canada’s chatbot gave a B.C. man the wrong information. Now, the airline has to pay for the mistake

Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users, generating more profit for the company, rather than help them establish relationships.
Source: ctv business
Tinder, Hinge and The League encourage compulsive use, lawsuit claims

West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth quarter, a steeper loss than US$94 million a year earlier.
Source: ctv business
West Fraser Timber loses US3 million in fourth quarter, sales soften

A plan to ask customers to show identification before being allowed to enter six LCBO stores in northern Ontario is being scrapped immediately after ‘serious concerns’ arose, says a spokesperson for the province’s minister of finance.
Source: ctv business
Ontario government scraps LCBO controlled-entrance pilot program

Unifor says ‘a lack of capital investment during good economic times’ by Quebec-based packaging company Cascades, Inc. is the reason the company is shutting down some of its operations in Ontario.
Source: ctv business
Cascades, Inc. plants in Trenton, Belleville, Ont. to close