Direct Loan Canada Blog

Amazon staff in India have joined strike action calling for better wages and working conditions as the company prepares for one of the busiest shopping periods of the year.
Source: ctv business
Amazon workers in India join Black Friday strike action for better wages and working conditions

Statistics Canada says the economy grew at an annualized pace of one per cent during the third quarter, in line with economists’ expectations.
Source: ctv business
Real GDP per capita declines for 6th consecutive quarter, household savings rise

The Competition Bureau is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty.
Source: ctv business
Competition Bureau suing Google, wants company to sell off two advertising services

After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster.
Source: ctv business
Why retailers still see Black Friday as the high point of the holiday shopping season

Canadian businesses are about two weeks away from having to scrap some of the tax they charge customers, but many have already realized that’s no easy feat.
Source: ctv business
Implementing GST break for two months proving to be a ‘nightmare’ for businesses

The union representing Canada Post workers says the Crown corporation has been laying striking employees off as the labour action by more than 55,000 workers approaches the two-week mark.
Source: ctv business
Canada Post temporarily laying off striking workers, union says

The Canadian Federation of Independent Business is asking the federal government to compensate small businesses for the costs to implement the two-month long GST holiday.
Source: ctv business
CFIB calls on Ottawa to compensate small firms for costs to implement GST holiday

A real estate agent who allowed a client to conduct their own private viewing of a Maple Ridge, B.C., home without a licensed professional present has agreed to a $10,000 fine for the misconduct.
Source: ctv business
B.C. real estate agent who allowed client to conduct viewing unaccompanied agrees to K fine

A new survey finds fewer drivers intend to make their next car purchase an electric vehicle.
Source: ctv business
Fewer people intend to buy an EV amid price, driving range concerns: EY report

Russia’s central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the ruble weakened beyond 110 to the U.S. dollar, down by one-third since early August.
Source: ctv business
Russian central bank intervenes as ruble tumbles past 110 to the U.S. dollar