Direct Loan Canada Blog

Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press.
Source: ctv business
Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue

The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly US$2 billion, including debt, according to people familiar with the matter.
Source: ctv business
Bakery franchise chain Crumbl explores US billion sale, sources say

Cineplex says its box office revenue for December was up from a year earlier as movies released in November including Wicked and Moana 2 gained momentum.
Source: ctv business
Cineplex reports box office revenue in December up from year ago

Half of Canadians are $200 or less away from being unable to cover their monthly bills and debt payments, according to MNP Ltd.’s quarterly report on consumer debt.
Source: ctv business
Canadians’ financial stress ramping up despite interest rate cuts: insolvency firm

Perrier Attorneys says Costco charged more for items online than in-store, a practice known as “double ticketing,” which is banned under the Competition Act.
Source: ctv business
Costco Canada accused of overcharging online shoppers in class-action lawsuit

Meta’s decision to end its fact-checking program looks like the company is ‘caving’ to political pressures, said Meta’s oversight board co-chair Michael McConnell.
Source: ctv business
Meta oversight co-chair says the company looks like it’s ‘buckling to political pressure’ by ending fact-checking program

A trillion dollars worth of Canadian goods and services are exported out of the country annually with a third of it going to the United States. One economist says if Trump imposes a 25 per cent tariff on those goods, it will be detrimental to the Canadian economy.
Source: ctv business
The implications for Canada if Trump goes through with his punishing Tariffs

The so-called ‘sandwich generation’ finds itself in a unique and challenging position as its members balance providing financial support for both aging parents and children, all while managing their own financial goals.
Source: ctv business
Financial survival tips for the sandwich generation

The Federal Court of Appeal has dismissed Rebel News Network’s latest bid to quash $3,000 in fines levied against the right-wing media outlet by the commissioner of elections.
Source: ctv business
Rebel News loses bid to quash fines for violating election law on third-party ads

The U.S. Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company’s board and others that he signed two settlement agreements worth US$10.5 million with two women in order for them not to reveal potential claims against himself and WWE.
Source: ctv business
Former WWE CEO Vince McMahon reaches deal with SEC over undisclosed settlement agreements