Direct Loan Canada Blog

According to a new survey, nearly three-in-five Canadian parents are worried about their child’s financial future, primarily due to the impact of inflation and the prevailing economic uncertainties in the country.
Source: ctv business
Nearly 60 per cent of Canadian parents fear for their child’s financial future: survey

A price drop for Canadian phone and internet services last month has some observers optimistic about the downward trend, but industry watchers say there is still a long way to go when it comes to telecom affordability.
Source: ctv business
Falling telecom prices a positive sign, but phone bills still too expensive: experts

B.C. port workers are back on strike after the union’s leadership rejected a federal mediator’s settlement, leaving local business owners worried about supply chain disruptions.
Source: ctv business
Business owners raise concerns as B.C. port workers return to picket lines

The deadline for Microsoft’s US$69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by U.K.’s Competition and Markets Authority.
Source: ctv business
Microsoft and Activision extend deadline to close billion deal under close regulatory scrutiny

The president and CEO of Gucci is stepping down later this year, the latest shakeup to the luxury fashion brand and coming as part of a series of changes to its parent company, the French conglomerate Kering.
Source: ctv business
Gucci’s CEO is stepping down as its French parent shakes up leadership

Metro workers at 27 grocery stores across the Greater Toronto Area reached a deal with the grocery giant just after midnight when they were set to go on strike.
Source: ctv business
Metro workers at 27 stores across GTA reach a deal and avoid a strike

Natural gas leaked from a defective fitting at a Pennsylvania chocolate factory where a powerful explosion levelled one building, heavily damaged another and killed seven people, federal safety investigators said Tuesday as they continued to investigate the cause of the blast.
Source: ctv business
Gas leaked from bad fitting at Pennsylvania chocolate factory where 7 died in blast, report says

A New York City entrepreneur who illegally sold marijuana at a dozen shops across Manhattan must pay more than US$400,000 in taxes and proceeds from illicit sales of cannabis, as part of a crackdown on the thousands of unlicensed operations across the city.
Source: ctv business
New York prosecutor begins crackdown on illegal cannabis shops with US0K deal with shop owner

Canada’s inflation rate dropping to 2.8 per cent in June is a ‘milestone moment’ that Canadians should find some relief in, according to Deputy Prime Minister and Finance Minister Chrystia Freeland.
Source: ctv business
Canada’s finance minister calls inflation rate dropping within target range a ‘milestone moment’

The Canadian retail chain Zellers has revealed the next locations for its pop-up stores, housed in its parent company Hudson’s Bay Co. department stores across Canada.
Source: ctv business
Here are Zellers’ next 21 pop-up shops across Canada