Direct Loan Canada Blog

Masks made by the subsidiary of a Quebec-based company are being used for executions in the United States, justice advocacy groups say.
Source: ctv business
Masks made by Canadian-owned firm to be used in U.S. prisoner execution, groups say

The Bank of Canada held its key interest rate at five per cent today and signalled it has begun discussing when it should start cutting rates.
Source: ctv business
Bank of Canada holds key interest rate at 5%, signals shift toward rate cut talks

Federal prosecutors in Arizona said Tuesday they will retry a co-founder of the lucrative classified site Backpage.com on dozens of prostitution facilitation and money laundering charges that alleged he participated in a scheme to sell sex ads.
Source: ctv business
Backpage founder will face Arizona retrial on charges he participated in scheme to sell sex ads

WestJet’s fleet is growing after the company announced Tuesday it would be leasing five brand new Boeing aircraft.
Source: ctv business
WestJet acquires 5 new Boeing 737 Max 8 planes for its fleet

Pret A Manger’s first standalone Canadian restaurant is opening today.
Source: ctv business
Canada’s first standalone Pret A Manger just opened in Toronto

Riot Games, the developer of the popular “League of Legends” multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11 per cent of its staff.
Source: ctv business
Tencent’s ‘League of Legends’ developer Riot Games announces layoffs of 530 staff

The Federal Aviation Administration recommends that airlines inspect the door plugs on certain Boeing 737s that are older than the Max 9 jetliner that suffered a blowout of a similar panel during a flight this month.
Source: ctv business
Federal officials recommend that airlines inspect door plugs on some older Boeing jets as well

Industry Minister François-Philippe Champagne says federal corporations are now required to file beneficial ownership information with Corporations Canada and that some of this information will be made available publicly.
Source: ctv business
Federal corporations to start filing beneficial ownership info with government

Fashion retailer H&M has withdrawn an ad featuring school girls after complaints that the campaign encouraged the sexualization of underage girls.
Source: ctv business
H&M pulls ad after complaints over sexualization of school girls

Elon Musk — who was widely criticized for an antisemitic post on his social media site, X, two months ago — said following a visit to Auschwitz Monday that X has less antisemitic content than other social media platforms. But Musk conceded that he wasn’t aware until recently that antisemitism was a pervasive problem in the United States.
Source: ctv business
Elon Musk claims X has less antisemitic content than peers, following visit to Auschwitz