Direct Loan Canada Blog

A group of Canadian news publishers and broadcasters are calling on Canada’s Competition Bureau to investigate and prohibit Meta from blocking news content on its digital platforms.
Source: ctv business
News publishers, broadcasters call for investigation into Meta’s news blocking

Soon, paper bags will no longer be available at Liquor Control Board of Ontario stores.
Source: ctv business
This is when LCBO will phase out paper bags at all locations

Zoom, the company that powered the remote work revolution during the pandemic, is telling its employees to come back to the office.
Source: ctv business
Even Zoom is making its staff return to the office

Construction has officially begun on the first of two Arctic and offshore patrol ships for the Canadian Coast Guard.
Source: ctv business
‘An important milestone’: Construction begins on the first Canadian Coast Guard Arctic and offshore patrol ship

Canada’s tourism sector seems to be slowing down again, following a brisk recovery when COVID-19 lockdowns lifted, a new report found.
Source: ctv business
Canada’s tourism slowing down again since pandemic lockdowns lifted, new report finds

Canada’s main stock market nudged southward in late-morning trading, in line with a bigger dip in U.S. markets.
Source: ctv business
S&P/TSX composite index dips alongside U.S. markets in Tuesday morning trading

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market. An executive for KKR is calling the deal a chance to work with “one of the most effective” book publishers.
Source: ctv business
Simon & Schuster purchased by private equity firm KKR for .62 billion

Canadians earning average incomes may struggle to afford homes in the country’s urban centres, but new research is highlighting real estate markets where homes are within reach.
Source: ctv business
These are the Canadian cities where homes are most affordable

Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Source: ctv business
Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles

Jochen Goetz, the chief financial officer of Daimler Truck and credited with its successful spinoff from the automotive giant that makes the Mercedes-Benz, has died, the company said Sunday. He was 52.
Source: ctv business
Daimler Truck finance chief Jochen Goetz, credited with its spinoff from Mercedes-Benz maker, dies