Direct Loan Canada Blog

Thousands of air travellers around the world faced delays on Monday after Britain’s air traffic control system was hit by a breakdown that slowed takeoffs and landings across the U.K. on one of the busiest travel days of the year.
Source: ctv business
U.K. air traffic control says it has fixed a technical problem that sparked delays and cancellations

Commerce Secretary Gina Raimondo and her Chinese counterpart expressed support for improving trade conditions as Raimondo on Monday began a visit to Beijing aimed at improving chilly relations.
Source: ctv business
Top U.S. and Chinese commerce officials express support for better trade conditions

Workers at a trio of major automakers have voted overwhelmingly in favour of allowing their union to call a strike if bargaining committees can’t secure new collective agreements in the coming months.
Source: ctv business
Unifor autoworkers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis

While banks recognize that Canadians are living through a wildfire season like no other, activists say they aren’t delivering where they’re most needed: on efforts against the climate change trends making the infernos worse.
Source: ctv business
Canadian banks face squeeze between climate expectations, market pressures

Canada’s corporate ethics watchdog on Thursday announced investigations into the Canadian units of Walmart and Hugo Boss over allegations of Uyghur forced labour in the companies’ supply chains and operations.
Source: ctv business
Canada probing Walmart, Hugo Boss over allegations of forced labour

A second container ship sailed Saturday through a temporary Black Sea corridor established by Ukraine’s government after Russia halted a wartime agreement aimed at ensuring safe grain exports from the invaded country’s ports.
Source: ctv business
A second merchant ship leaves Ukraine’s port of Odesa following Russia’s exit from grain deal

One of the features that President Joe Biden cited in his plan to bring internet to every home and business in the United States by 2030 was affordability. But an important federal program established to keep broadband costs down for low-income households is set to expire next year.
Source: ctv business
U.S. broadband subsidy program that millions use will expire next year if Congress doesn’t act

A new plan for restructuring US$10 billion in debt owed by Puerto Rico’s power company was filed late Friday in the latest attempt to end a lengthy bankruptcy process marked by acrimonious negotiations.
Source: ctv business
Puerto Rico board submits third plan in attempt to restructure power company debt of US billion

As of the end of July, the Canada Revenue Agency’s call centres were hitting their target of getting to a caller within 15 minutes or less only 31 per cent of the time, despite $400 million in federal funding to improve wait times.
Source: ctv business
CRA still missing targets for call wait times, despite 0-million boost in funding

DoorDash will pay $1.6 million to its workers after a Seattle investigation found the company failed to implement the city’s required sick and safe time policy.
Source: ctv business
DoorDash to pay .6M to its workers for violating Seattle sick time policy