Direct Loan Canada Blog

The Bank of Canada’s public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it. The central bank released its findings Wednesday that show more than 80 per cent of respondents strongly opposed the Bank of Canada researching and building the capability to issue a digital dollar.
Source: ctv business
Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie

A new report from Royal LePage predicts the cost of homes near ski hills will not cool in 2024, but instead heat up across in many regions. Here’s where.
Source: ctv business
Homes near ski hills are increasing in price across Canada. Here’s where

Bank of Nova Scotia has asked an advocacy group to end a campaign demanding the Canadian lender divest from Israel-based weapons manufacturer Elbit Systems, accusing the campaign of spreading misinformation and saying protesters endangered staff and customers safety, according to an e-mail seen by Reuters.
Source: ctv business
Scotiabank asks group to end campaign seeking Elbit divestiture

The Alberta government said Tuesday it would give major industries up to 12 per cent in grants on eligible capital costs for carbon capture, utilization and storage.
Source: ctv business
Alberta introduces carbon capture program offering industries 12% in project grants

Finance Minister Chrystia Freeland is pushing back against the idea that the federal government is wavering on its Jan. 1 timeline for implementing a new digital services tax.
Source: ctv business
Digital services tax still part of the plan, says Freeland, but timing unclear

The first commercial airliner to cross the Atlantic on a purely high-fat, low-emissions fuel flew Tuesday from London to New York in a step toward achieving what supporters called ‘jet zero.’
Source: ctv business
High-fat flight is first jetliner to make fossil-fuel-free transatlantic crossing from London to NY

A customer has filed a lawsuit against the fast casual chain Chopt over a salad that she says contained a piece of the manager’s finger.
Source: ctv business
Customer sues Chopt eatery chain over salad that she says contained a piece of manager’s finger

In a column for CTVNews.ca, personal finance writer Christopher Liew tackles ‘quiet hiring’ — a term referring to companies that quietly hire from their own talent pool rather than look elsewhere — and outlines some tips for employees on how to take advantage of the practice.
Source: ctv business
Advice on dealing with ‘quiet hiring’ in the workplace

Canada Goose Holdings Inc. says it has acquired a long-standing knitwear supplier and its European manufacturing facility.
Source: ctv business
Canada Goose buys European knitwear supplier Paola Confectii

Panama’s Supreme Court on Tuesday declared unconstitutional a 20-year concession for a Canadian copper mine that had sparked weeks of protests by environmentalists and others who argued it would damage a forested coastal area and threaten water supplies.
Source: ctv business
Panama’s Supreme Court declares 20-year contract for Canadian copper mine unconstitutional