Direct Loan Canada Blog

A draft report from a United Nations agency gives Canada a C grade on flight safety and oversight, down from an A+ and far below most of its peers.
Source: ctv business
Flight safety in Canada is plummeting, a confidential UN agency report finds

Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures.
Source: ctv business
Financial intelligence agency levies .3 million penalty against CIBC

Federal Agriculture Minister Lawrence MacAulay wouldn’t rule out the possibility of provincial or federal government intervention if the grocery code of conduct doesn’t have every major retailer on board.
Source: ctv business
Major retailers must sign grocery code of conduct, federal agriculture minister says

In recent years, city leaders in Grand Island, Nebraska, observed that many workers and students were walking or biking long distances to their jobs or schools. So when city administrator, Laura McAloon, learned of an opportunity to study the development of a bus system to meet those transportation needs, she jumped at it.
Source: ctv business
Gates Foundation takes on poverty in the U.S. with 0 million commitment

McDonald’s expects to open nearly 10,000 restaurants over the next four years, a pace of growth that would be unprecedented even for the world’s largest burger chain.
Source: ctv business
McDonald’s burger empire set for unprecedented growth over the next 4 years with 10,000 new stores

A new report by more than 30 researchers is estimating how much food will cost in 2024 and how much money it will take to feed families.
Source: ctv business
Here’s how much more it’s expected to cost to feed a family of 4 in Canada next year

Canada is poised to outline a federal emissions cap on the oil and gas sector using a cap-and-trade framework that would begin as early as 2026, says a federal government source.
Source: ctv business
Oil and gas emissions cap coming Thursday, targets 2026 start date

Facebook and Instagram fail to protect underage users from exposure to child sexual abuse material and let adults solicit pornographic imagery from them, New Mexico’s attorney general alleges in a lawsuit that follows an undercover online investigation.
Source: ctv business
Facebook parent sued by New Mexico alleging it has failed to shield children from predators

Airline profits are set to stabilize in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, industry group IATA said on Wednesday.
Source: ctv business
Airlines see stable profits, record traveller numbers in 2024

The chief executive of Roots Corp. says the retailer has a ‘cautious outlook’ these days because some shoppers are delaying holiday purchases as they become more price sensitive.
Source: ctv business
Roots reports Q3 sales and profit down from year ago as it faces economic headwinds