Direct Loan Canada Blog

Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees.
Source: ctv business
Amazon steers consumers to higher-priced items, lawsuit claims

Most Canadian companies locked in their Super Bowl ad space long before anyone knew the Kansas City Chiefs would make it to the final match, but experts say many of those brands will be looking to score big with the audience drawn in by the team’s most famous fan: Taylor Swift.
Source: ctv business
Canadian brands hope to score with Taylor Swift fans during Super Bowl

Experts say the main factors that have driven grocery prices up over the past couple of years are global. Here’s a look at how the grocery supply chain works.
Source: ctv business
How the grocery supply chain works, from wheat fields to what’s next

Canada’s unemployment rate fell to 5.7 per cent last month, marking the first decline since December 2022, Statistics Canada reported on Friday. The agency’s labour force survey said the economy added 37,000 jobs in January.
Source: ctv business
What January’s employment data suggests to expect from Bank of Canada in terms of interest rate changes

Canada Nickel is making a major investment in Timmins. On Thursday, officials said they’re planning to build two processing plants in the city.
Source: ctv business
Canada Nickel to build ‘largest nickel processing plant in North America’ in Timmins

Heritage Minister Pascale St-Onge is accusing Bell Media of breaking its promise to invest in local news after the company was granted more than $40 million in annual regulatory relief.
Source: ctv business
Local news cuts at Bell come after it was granted M in regulatory relief: St-Onge

Google on Thursday introduced a free artificial intelligence app that will enable people to rely on technology instead of their own brains to write, interpret what they’re reading and deal with a variety of other tasks in their lives.
Source: ctv business
Google rebrands its AI services as Gemini, launches new app and subscription service

BCE Inc. reported its fourth-quarter profit fell compared with a year ago, but raised its quarterly dividend as it also announced plans to cut about nine per cent of its workforce.
Source: ctv business
BCE cuts 9% of workforce, accuses CRTC of ‘predetermined’ regulatory process

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations.
Source: ctv business
‘Not a viable business anymore’: Bell Media selling 45 radio stations amid layoffs

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations.
Source: ctv business
Bell Media ends some CTV newscasts, sells radio stations in media shakeup amid layoffs