Direct Loan Canada Blog

The majority of Canada’s big banks are heading into fourth-quarter earnings this week riding high as fears around mortgage defaults and a recession ease.
Source: ctv business
Banks head into Q4 with investors looking for better days ahead

Max Rangel can’t help but crack a smile when he hears a sing-songy ‘hello’ emanate from an overall-and-pink T-shirt clad doll sitting on a table covered in toys in his Toronto office.
Source: ctv business
Ms. Rachel, Paw Patrol to fuel Spin Master sales as it faces fraught holiday season

The cost of beef continues to rise, reaching record highs on grocery store shelves ahead of the busiest time for many grocers and butchers before the holiday season.
Source: ctv business
Beef prices reach record highs in Canada

The union representing Canada Post workers has filed an unfair labour practice complaint with the Canada Industrial Relations Board over the layoffs of striking employees.
Source: ctv business
Postal workers union files unfair labour practice complaint over Canada Post layoffs

Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if president-elect Donald Trump makes good on his tariffs threat.
Source: ctv business
Oil and gas drilling projected to reach 10-year high, but Trump tariffs pose threat

Questrade Financial Group Inc. says it has laid off an undisclosed number of employees to better fit its business strategy.
Source: ctv business
Questrade lays off undisclosed number of employees

Canada Bread owner Grupo Bimbo is suing Maple Leaf Foods for more than $2 billion, saying it lied about the company’s involvement in an alleged bread price-fixing conspiracy.
Source: ctv business
Canada Bread owner sues Maple Leaf over alleged bread price-fixing

Less than a year after an LED volume wall was introduced to the film world in Saskatchewan, the equipment is making its exit from the province.
Source: ctv business
Regina’s LED volume wall leaving Sask. months after opening

Canadian shoppers have been visiting malls and logging onto retailer websites for Black Friday. Shopify says the average cart in Canada totalled $220.63.
Source: ctv business
Black Friday shopping fuelling plenty of sales across Canadian retailers

A coalition of Canadian news publishers is suing OpenAI for using news content to train its ChatGPT generative artificial intelligence system.
Source: ctv business
Canadian news publishers suing ChatGPT developer OpenAI