Direct Loan Canada Blog

The chief executive of the company behind Ikea furniture stores says tariffs make it more difficult to keep its prices low, joining a growing chorus of business leaders in warning of a potential hit to people’s wallets from Donald Trump’s planned import levies.
Source: ctv business
Ikea says Trump’s tariffs could push up prices

Supporters of mom-and-pop shops may be worried they won’t get their packages during the Canada Post strike, but a small business industry group is encouraging people to not rule them out during their holiday shopping.
Source: ctv business
Is it worth ordering from small businesses during the Canada Post strike?

Interest rate cuts by the Bank of Canada appear to have stimulated spending with more consumers taking on added debt, but as more people take on more credit and car loans there’s also been an increase in delinquency rates.
Source: ctv business
Canadians carrying more debt and missing more payments: reports

Business leaders across Canada are voicing concerns and fear over the widespread impact increased tariffs could have on their companies and workers, with some already looking to boost sales in other markets in the event their products become too expensive to sell to American customers.
Source: ctv business
‘We would likely go out of business’: Canadian business owners sound the alarm over Trump’s tariffs

A Waterloo, Ont.-based tech company is fighting for its life and that fight has now made its way to courtrooms in both Canada and the U.S.
Source: ctv business
Waterloo, Ont. tech company Sandvine granted court order to explore refinancing, sale, investment opportunities

President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25 per cent import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Source: ctv business
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.
Source: ctv business
Loonie falls to lowest since 2020 after Trump threatens tariffs on Canadian goods

The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.
Source: ctv business
Loonie tanks after Trump threatens tariffs on Canadian goods

The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Source: ctv business
Bank of Canada says Trump’s proposed tariffs would impact both economies

Some Canadian products could face huge tariffs on the first day of Donald Trump’s administration in January. Here’s a quick look at what the U.S. imports from Canada.
Source: ctv business
As Trump vows major tariff hike, a look at what the U.S. imports from Canada