Direct Loan Canada Blog

As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads.
Source: ctv business
Northern Ont. town considers selling land for to boost housing

Scholastic Inc. will end a widely criticized policy that made it easier for school book fairs not to sell works with racial, disability and LGBTQ+ themes.
Source: ctv business
Scholastic will drop policy that makes it easier for school fairs to exclude diverse books

Munoz, Hyundai’s president and global chief operating officer, said last month that the company has accelerated construction to take advantage of federal incentives that reward domestic production of EVs. He said it’s possible the plant could open before the end of next year.
Source: ctv business
Hyundai is rapidly building its first U.S electric vehicle plant, with production on track for 2025

A heated debate has emerged about the once-unimaginable shooting of a teacher by her six-year-old student: How should the school district take care of the teacher?
Source: ctv business
A teacher was shot by her 6-year-old student. Is workers’ compensation enough?

Apple Inc. is raising the prices for its AppleTV+ streaming and Arcade gaming plans as well as its bundled Apple One service that includes streaming, music and other subscriptions.
Source: ctv business
Apple raise prices for Arcade gaming subscription service, AppleTV+ streaming

The Bank of Canada held its overnight rate at 5 per cent, as Canada’s growth continues to slow, however an economist is warning that it ‘isn’t a sign’ that things will get easier for Canadians struggling in a tough economic climate.
Source: ctv business
Still a ‘whole lot of pain’ in store for Canadian economy: analyst

FTX founder Sam Bankman-Fried plans to testify at his fraud trial, his lawyer told a federal judge Wednesday, ending speculation over whether a man who embraced the spotlight during his years atop the cryptocurrency world could remain silent after prosecutors portrayed him as a greedy entrepreneur who stole billions of dollars from customers.
Source: ctv business
Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

Alberta’s proposal to leave the Canada Pension Plan (CPP) could cause ‘serious harm’ to working people and retirees, Ontario’s finance minister said in an open letter published Wednesday.
Source: ctv business
Ontario finance minister calls for ‘urgent’ meeting with Freeland over Alberta’s proposed CPP withdrawal

The panel gathering feedback on whether Alberta should quit the Canada Pension Plan heard renewed calls Tuesday for hard, negotiated numbers before the issue goes to a referendum.
Source: ctv business
‘Doesn’t add up’: Southern Albertans weigh in on Alberta pension plan proposal

A new survey finds Canadian business leaders increasingly see climate change plans as good for their bottom line. The survey commissioned by BMO of 700 small and medium business leaders found that 62 per cent of those north of the border see a climate change plan as good for business, up from 47 per cent in the survey last year.
Source: ctv business
Business leaders increasingly see importance of climate plans: survey