Direct Loan Canada Blog

Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
Source: ctv business
Ford offers Unifor wage increases up to 25 per cent

Autoworkers in the U.S. ramped up their strike Friday in a move that’s expected to have knock-on effects for Canadian parts producers.
Source: ctv business
Ramp up in U.S. auto strike expected to affect Canadian parts producers

At a cafe in Kosovo’s capital Pristina, staff have given up checking whether the two-euro coins people use to pay are genuine, as such a high proportion are fake and as the high quality of some counterfeits makes it almost impossible to tell.
Source: ctv business
Kosovo so awash with fake euro coins they are accepted as payment

Before he hit America, Rupert Murdoch ripped through Britain’s media like a tornado. His newspapers changed the political and cultural weather and swung elections. His satellite television channels upended the staid broadcasting scene.
Source: ctv business
Hero or villain? Rupert Murdoch’s exit stirs strong feelings in Britain, where he upended the media

The escalating tension between Canada and India is jeopardizing delicate trade and investment relationships that the two sides have been working for years to advance, business leaders said.
Source: ctv business
Canada-India tensions spell trouble for trade growth, investment: business leaders

Statistics Canada says retail sales rose 0.3 per cent to $66.1 billion in July, helped by the strength of sales at supermarkets and grocery stores.
Source: ctv business
Retail sales up 0.3 per cent at .1 billion in July, Statistics Canada reports

Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers of subscriptions.
Source: ctv business
Amazon Prime Video will soon come with ads, or a US.99 monthly charge to dodge them

The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations.
Source: ctv business
United States and China launch economic and financial working groups with aim of easing tensions

The United Auto Workers union expanded its strike against major carmakers Friday, walking out of 38 parts-distribution centres operated by General Motors and Jeep and Ram owner Stellantis in 20 states.
Source: ctv business
U.S. autoworkers are expanding their strike to 38 locations in 20 states, targeting Stellantis and GM

As Canadians report their frustrations with ‘out-of-control’ tipping culture, some wonder whether it is time to remove the option to tip at restaurants and is it even possible amid rising food costs?
Source: ctv business
Is a ‘no-tipping’ policy ready to be adopted by Canadian restaurants?