Direct Loan Canada Blog

Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.
Source: ctv business
Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC

Ukraine is filing a complaint at the World Trade Organization against Hungary, Poland and Slovakia after they banned grain and other food products coming from the war-torn country, Ukrainian Prime Minister Denys Shmyhal said Tuesday.
Source: ctv business
Ukraine complains to WTO about Hungary, Poland and Slovakia banning its food products

The CEO of Canada’s second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support.
Source: ctv business
Aviation will need significant government support to decarbonize: WestJet CEO

Canadians are paying more for rental units than in the last 30 years as inflation continues to climb, Statistics Canada data shows.
Source: ctv business
Canadian housing costs have hit 30-year high, StatCan data shows

For the second consecutive month, Canada’s inflation rate has risen, and one economist is warning a spike inflation could mean more rate hikes are ahead.
Source: ctv business
Inflation ‘going the wrong way’ and more interest rate hikes are possible: economist

Amid high levels of inflation, many consumers are seeing a rise in requests for gratuities as more businesses ask for tips. In a column for CTVNews.ca, personal finance contributor Christopher Liew offers some background on Canada’s tipping culture, while looking at common practices around the world.
Source: ctv business
Is tipping getting out of hand? Here are some lessons from other countries

Statistics Canada says the country’s annual inflation rate rose to four per cent last month, up from 3.3 per cent in July. The rise in inflation was largely driven by gasoline prices.
Source: ctv business
Canada’s inflation rate jumps to 4 per cent, making the BoC’s next rate decision harder

Global shares were mixed in cautious trading Tuesday ahead of the U.S. Federal Reserve’s upcoming decision on interest rates.
Source: ctv business
Stock market today: Global shares mixed ahead of U.S. Federal Reserve interest rate decision

Unifor and Ford Motor Co. are continuing to negotiate after the union extended a strike deadline by 24 hours.
Source: ctv business
Unifor extends Ford negotiations for 24 hours after receiving ‘substantive offer’

It wasn’t an escapee from the Country Bear Jamboree attraction, but a wild black bear managed to be the star of its own show Monday at Walt Disney World.
Source: ctv business
Wild black bear at Walt Disney World in Florida delays openings