Direct Loan Canada Blog

George Cohon, the founder of McDonald’s Canada whose efforts helped expand the fast food giant into the Soviet Union died Friday night.
Source: ctv business
McDonald’s Canada founder George Cohon, who brought Big Macs to the Soviet Union, dead at 86

U.S. customs officers seized a shipment from India that contained a counterfeit version of an extremely rare watch.
Source: ctv business
U.S. customs officers seized a fake Richard Mille watch. If real, it would have been worth US.7 million

Artificial intelligence employed by the U.S. military has piloted pint-sized surveillance drones in special operations forces’ missions and helped Ukraine in its war against Russia. It tracks soldiers’ fitness, predicts when Air Force planes need maintenance and helps keep tabs on rivals in space.
Source: ctv business
Pentagon steps on AI accelerator as age of lethal autonomy looms

The negative impact on the climate from passenger vehicles, which is considerable, could have dropped by more than 30 per cent over the past decade if not for the world’s appetite for large cars, a new report from the Global Fuel Economy Initiative suggests.
Source: ctv business
Buyers worldwide go for bigger cars, erasing gains from cleaner tech. EVs would help

A newly disclosed Public Safety Canada memo reveals a secret-level June meeting was part of a strategy to raise awareness among company executives about the dangers from malicious cyberactivity — reaching beyond the technical experts who already know about the risks.
Source: ctv business
Feds aimed secret cybersecurity briefing at energy sector executives: memo

Big changes could soon be on the horizon for Ontario’s alcohol retail landscape, with the premier signaling Friday that he plans to move ahead with his promise to provide more “convenience and selection” across the province.
Source: ctv business
Changes may soon be coming to how booze is sold in Ontario. Here’s what some in the industry are hoping to see

Some grocers are reconsidering their self-checkout strategy to find a balance between meeting their customers’ demands and mitigating losses from theft.
Source: ctv business
Big-box retailers are rethinking their self-checkout strategies. Here’s why

Canadian aerospace companies are pushing back against the idea that a Bombardier Inc. contract win to replace aging military patrol planes would be best for the sector, saying that a deal between Ottawa and front-runner Boeing Co. could be at least as lucrative.
Source: ctv business
Aerospace firms push back against notion of Bombardier military plane deal

The Aboriginal Peoples Television Network says online streaming services should be required to contribute funding to the Canadian broadcasting system in the face of shrinking resources that are making it more difficult to tell Indigenous stories.
Source: ctv business
APTN says funds needed from online streaming giants to help promote Indigenous voices

Despite the lack of major price cuts some wanted to see, the annual wave of discounts, door crashers and sales timed to the holiday season will be especially welcomed by Canadians who are feeling stressed about money this year.
Source: ctv business
Inflation, longer sales season to weigh on Black Friday shopping