Direct Loan Canada Blog

Arajet, a discount airline based in the Dominican Republic, says it will launch flights between that country and Toronto and Montreal this fall.
Source: ctv business
Arajet latest entrant to Canada’s crowded budget airline market

McDonald’s and Wendy’s have defeated a lawsuit accusing them of deceiving hungry diners by exaggerating the size of their burgers.
Source: ctv business
McDonald’s, Wendy’s defeat lawsuit over size of burgers

Malaysia’s government on Monday reassured the country there is sufficient rice in the market and urged people not to hoard locally produced rice after recent panic-buying led to empty shelves in supermarkets and grocery stores nationwide.
Source: ctv business
Malaysians urged not to panic-buy local rice after import prices for the staple rise substantially

From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
Source: ctv business
Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Most stocks are drifting lower Monday as the constrictor of higher interest rates tightens its coils around Wall Street.
Source: ctv business
Stock market today: Most of Wall Street slips as the bond market cranks up the pressure

Following a major power outage last week, the effects of which are still being felt, Laurentian Bank has announced the departure of its president and chief executive officer, Rania Llewellyn, and its board chairman Michael Mueller.
Source: ctv business
Laurentian Bank appoints new CEO after computer mainframe outage

Amid a cost-of-living crisis driving up food bank visits and economic anxiety, the minimum wage increased in six provinces today – but both advocates and critics fear it may not be enough to tackle the overarching problem.
Source: ctv business
Minimum wage rises in six provinces, but is it enough?

In the last year, Canadian green groups have lodged at least four formal complaints with the Competition Bureau, alleging false or misleading environmental claims by fossil fuel companies or — in the case of a complaint against RBC — those who finance them.
Source: ctv business
Environmental groups increasingly using competition law to fight fossil fuel sector

Nearly a million minimum wage earners in Ontario got a pay bump today.
Source: ctv business
Ontario’s minimum wage just went up. Here’s what you need to know

Florida Governor Ron DeSantis asked that Disney’s First Amendment lawsuit against him be tossed from federal court, and Disney demanded emails, texts and other communications from the governor’s office in a separate state court lawsuit originally brought by DeSantis appointees of Walt Disney World’s governing district.
Source: ctv business
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor