Direct Loan Canada Blog

Canada’s toy retailers say they’ve long been grappling with the same challenges that nearly killed the ailing company and some fear this holiday season will be difficult as shoppers adopt more budget-conscious behaviours.
Source: ctv business
Toy stores struggle as bargain-hunting is the name of the game this holiday season

As an underdog in Canada’s recent spectrum auction, Execulink Telecom Inc. CEO Ian Stevens acknowledged that ‘inexperience and budget’ were working against his company compared with some of the bigger players.
Source: ctv business
Wireless companies’ spectrum gains could have lasting effect on 5G quality, pricing

Elon Musk has restored the X account of conspiracy theorist Alex Jones, pointing to a poll on the social media platform formerly known as Twitter that came out in favour of the Infowars host who repeatedly called the 2012 Sandy Hook school shooting a hoax.
Source: ctv business
Elon Musk restores X account of conspiracy theorist Alex Jones

There is some optimism in the tea leaves this holiday season even as high prices and interest rates pinch the pockets of Ontarians – that’s the message from industry experts.
Source: ctv business
Here’s what Ontario experts say you need to know about the cost of the holidays

Attorneys for Amazon on Friday asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant, arguing the agency is attacking policies that benefit consumers and competition.
Source: ctv business
Amazon asks U.S. federal judge to dismiss the FTC’s antitrust lawsuit against the company

Spotify’s chief financial officer will step down next year, according to the music streaming service, just days after it announced its third round of layoffs for 2023.
Source: ctv business
Spotify CFO becomes one of thousands departing the streaming service, after selling USM in shares

The bread supplier that admitted to price-fixing earlier this year says in new court filings that any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods.
Source: ctv business
Canada Bread denies price-fixing scheme in court filing, points finger at Maple Leaf

The Japanese manufacturer behind the Super Mario and Pokemon cancelled Nintendo Live 2024 Tokyo, which had been set for Jan. 20 and 21. The annual event showcases Nintendo games and lets visitors sample them in a huge Tokyo exhibition hall.
Source: ctv business
Nintendo cancels its Live 2024 Tokyo event after persistent threats to workers and customers

Telus Corp. is urging the CRTC to address a “dramatically” changing industry landscape, echoing its Canadian broadcasting rivals, as the federal regulator’s three-week hearing held in response to the Online Streaming Act winds down.
Source: ctv business
Telus urges support for broadcast distributors as CRTC hearing set to wrap up

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply.
Source: ctv business
Surge in newcomers putting pressure on inflation via housing demand: BoC official