Direct Loan Canada Blog

Sun Life says the personal data of some of its members in the U.S. was leaked during a global cyberattack that happened in June.
Source: ctv business
Global cyberattack affected some U.S. Sun Life customers’ information, company says

Meta and Google’s move away from linking to Canadian news sites is a ‘moment of reckoning’ for publishers and broadcasters that have heavily relied on social media to build audiences, marketing and journalism experts say.
Source: ctv business
Online News Act creates ‘moment of reckoning’ for publishers

Amid the increased cost of living and declining real estate market, Statistics Canada is reporting a rapid widening gap between high and low income households.
Source: ctv business
Gap between high and low income Canadian households widening at record pace: StatCan

WestJet CEO Alexis von Hoensbroech argued this week that air traffic controllers were to blame for a 2.5-hour flight delay on his own airline.
Source: ctv business
WestJet CEO pushes for shared air travel accountability during flight delay

Gains by the energy and base metal stocks helped lift Canada’s main stock index higher in late-morning trading as commodity prices rose and U.S. stock markets put in a mixed showing.
Source: ctv business
Canada’s main stock index up in late-morning trading as oil rises

The Tourism Industry Association of Prince Edward Island says the sporadic ferry service this year between the province and Nova Scotia has been challenging for local businesses.
Source: ctv business
Ferry disruptions hurting P.E.I. businesses after years of COVID-19 closures

The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain in June, forecasters are still expecting an interest rate hike by the Bank of Canada next week.
Source: ctv business
Bank of Canada expected to raise rates next week, despite rise in unemployment rate

A recent survey has found that that 68 per cent of working Americans and Canadian admitted that they are working while they are on vacation.
Source: ctv business
Two-thirds of Canadians and Americans admit to working while on vacation: survey

Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer Alex Spiro.
Source: ctv business
Twitter threatens to sue Meta over Threads platform

A recent survey conducted by Research Co. shows a positive shift in the perception of economic conditions among Canadians, but more than half still say the economy is ‘bad’ or ‘very bad.’
Source: ctv business
Optimism in Canadian economy growing, but most still say economic conditions are bad: poll