Direct Loan Canada Blog

After nearly two weeks of failed negotiations, Federal Labour Minister Seamus O’Regan is intervening in the B.C. port worker’s strike that’s crippling the country’s economy.
Source: ctv business
Local business leaders applaud Ottawa’s move to intervene in B.C. port strike

Bill Gates sounds less worried than some other executives in Silicon Valley about the risks of artificial intelligence.
Source: ctv business
Bill Gates says AI risks are real but nothing we can’t handle

Three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over the course of at least two years, a group of congressional Democrats reported on Wednesday.
Source: ctv business
3 tax prep firms shared ‘extraordinarily sensitive’ data about taxpayers with Meta, U.S. lawmakers say

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — three per cent in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries.
Source: ctv business
From airfares to used cars to groceries, slowing US inflation eases pressure on households

Gerry and Elizabeth Paulus love taking road trips across the United States, and soon they’ll be preparing for what they call their ‘ultimate road trip’ – one that will take them into deep space.
Source: ctv business
Deep space orbit to provide non-traditional resting place

The Bank of Canada raised its key interest rate target by a quarter of a percentage point to five per cent Wednesday. Read the text of the central bank’s decision.
Source: ctv business
Read the text of the Bank of Canada’s latest interest rate decision

A new poll has found that three in five Canadian employees say their mental health has worsened over the last year due to workplace stress. More than half of workers also say employers aren’t doing enough to help.
Source: ctv business
3 in 5 Canadian employees experiencing more workplace stress this year, new survey finds

Hong Kong will immediately ban the import of aquatic products from Fukushima and other Japanese prefectures if Tokyo discharges treated radioactive wastewater into the sea, a top official in the city said Wednesday.
Source: ctv business
Ripples of Fukushima: Hong Kong will ban more Japanese products if radioactive water is released

If you’re looking for a fast, easy way to manage your personal finances, artificial intelligence could help by serving as a virtual financial assistant. But the technology may have a way to go before it can serve as a trustworthy financial management tool, writes columnist Christopher Liew.
Source: ctv business
How to use AI to help with personal finances, and a look at the risks

The Bank of Canada has raised its policy interest rate again, making the cost of borrowing more expensive. This is the 10th interest rate hike since March 2022.
Source: ctv business
Bank of Canada raises key interest rate for the 10th time since March 2022