Direct Loan Canada Blog

The Bank of Canada held its overnight rate at 5 per cent on Wednesday, as Canada’s economy continues to slow and indications that supply and demand are now approaching balance.
Source: ctv business
Bank of Canada holds its key interest rate at 5 per cent, as Canadian economy slows

Experts predict consumers may adjust their spending this year for Halloween celebrations due to inflation.
Source: ctv business
Halloween candy, ‘shrinkflation’ and spending habits: What experts say could change this spooky season

Unifor is set to bargain on behalf of more than 2,800 grocery store workers at Loblaw-owned stores in Ontario and Newfoundland and Labrador, testing whether the union can bring the gains it made for Metro workers in Toronto to other grocery chains.
Source: ctv business
Unifor set to bargain for more than 2,800 workers at Loblaw-owned stores

Age and income are usually the biggest factors in determining one’s investment strategy, but some personal finance experts believe it’s time for gender to become a larger part of the decision-making process.
Source: ctv business
Young women should invest differently — and more seriously — than men, experts say

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.
Source: ctv business
Macklem warned premiers about dangers of putting BoC’s independence at risk

In addition to hiking prices and shrinking product sizes, some food companies have also been quietly downgrading ingredients to reduce manufacturing costs in a process known as ‘skimpflation.’
Source: ctv business
Skimpflation: How food companies are swapping ingredients to reduce costs

Experts weigh in on the recent banking industry layoffs across the country.
Source: ctv business
Bank layoffs in Canada: Here’s what it could mean, according to experts

In recent years, Canadians have witnessed a subtle but significant shift in the number of businesses requesting tips, as more establishments ask for gratuities. In a column for CTVNews.ca, personal finance contributor Christopher Liew looks at how to adapt to this new tipping culture, and whether the rise in tip requests is here to stay.
Source: ctv business
Is the rise in tip requests here to stay? This financial expert thinks so

In recent years, Canadians have witnessed a subtle but significant shift in the number of businesses requesting tips, as more establishments ask for gratuities. In a column for CTVNews.ca, personal finance contributor Christopher Liew looks at how to adapt to this new tipping culture, and whether the rise in tip requests is here to stay.
Source: ctv business
Is ‘tip-flation’ here to stay? This financial expert thinks so

Bell Media has signed a deal to buy the Canadian operations of outdoor advertising company Outfront Media Inc. for $410 million in cash.
Source: ctv business
Bell Media signs deal to buy Canadian business of Outfront Media for 0 million