Direct Loan Canada Blog

A breakdown in contract negotiations has prompted plans by Rogers Communication Inc. to lock out nearly 300 former Shaw technicians on Monday after the union issued a 72-hour notice of workers’ intent to walk off the job.
Source: ctv business
Rogers to lock out former Shaw technicians Monday after contract talks break down

President Joe Biden is gathering leaders from 10 other countries across the Americas on Friday in the U.S. capital to discuss the tightening of supply chains and address migration issues.
Source: ctv business
Biden will host Americas summit that focuses on supply chains, migration and new investment

The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the U.S. labour market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers.
Source: ctv business
U.S. employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

For sale at a recent Beijing art exposition was a painting with an asking price of US$2,460 that depicted the snow-capped Mount Paektu, the mythical birthplace of the Korean people.
Source: ctv business
North Korean art sells in China despite UN sanctions over nuclear program

Looking at current inflation levels and other factors affecting Canada’s labour market, workers in many industries may need to lower their expectations for a salary increase in 2024. In a column for CTVNews.ca, personal finance contributor Christopher Liew outlines a few of the main reasons why some companies are projected to reduce their salary increases next year.
Source: ctv business
Here’s why you should probably lower your salary expectations for 2024

Restaurant Brands International Inc. recorded a US $364 million profit in its most recent quarter as it continued to warn of increases in commodity, labour, and energy costs.
Source: ctv business
Tim Hortons parent company sees US 4 million profit in Q3 despite rising costs

Statistics Canada says the country’s unemployment rate rose to 5.7 per cent last month, as the economy added a modest 18,000 jobs.
Source: ctv business
Canada’s jobless rate rises to 5.7 per cent, fuelling bets Bank of Canada rate hikes are done

An indefinite moratorium on new mining activities passed a second vote in Panama’s National Assembly Thursday. One article was removed, however, that would have revoked a controversial mining contract which had sparked nationwide protests over the past two weeks.
Source: ctv business
Panama’s congress backtracks to preserve controversial Canadian mining contract

A New York jury on Thursday convicted FTX founder Sam Bankman-Fried of fraud in a scheme that cheated customers and investors of at least US$10 billion.
Source: ctv business
FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

Tens of thousands of Las Vegas hotel workers fighting for new union contracts set a strike deadline Thursday.
Source: ctv business
Thousands of Las Vegas Strip hotel workers at 18 casinos could go on strike this month