Direct Loan Canada Blog

Chinese leader Xi Jinping said the United States and China can cooperate to “benefit our two countries” in a meeting Friday with Microsoft Corp. co-founder Bill Gates ahead of a visit by U.S. Secretary of State Antony Blinken at a time of strained relations.
Source: ctv business
Chinese president Xi Jinping stresses U.S.-China cooperation in meeting with Bill Gates

China’s government on Friday rejected as “far-fetched and unprofessional” a report by a U.S. security firm that blamed Chinese-linked hackers for attacks on hundreds of public agencies, schools and other targets around the world.
Source: ctv business
China calls hacking report ‘far-fetched’ and accuses the U.S. of targeting the cybersecurity industry

A new study commissioned by Community Food Centres Canada is highlighting a “crisis” for single, working-age Canadians, with one in five living in poverty.
Source: ctv business
Why employment is no longer a sure-fire way out of poverty

A new report from RBC says the cost of filling a grocery cart is finally stabilizing, but don’t expect food prices to go back to pre-pandemic levels.
Source: ctv business
Food inflation may be easing but prices won’t return to pre-pandemic levels: RBC

One of Canada’s largest banks says it’s ‘been made aware of’ an issue with direct deposits Friday.
Source: ctv business
Paycheque missing? TD Bank ‘aware of’ issue with direct deposits

As hotel and restaurant owners increasingly turn to temporary foreign workers to fill labour gaps, there are growing calls to give those workers more paths to permanent residency.
Source: ctv business
Temporary foreign workers need more paths to immigration, experts say

Shares advanced in Europe and Asia on Friday after a broad-based rally on Wall Street.
Source: ctv business
Stock market today: World shares track Wall Street rally, Tokyo’s benchmark at 33-year high

The head of the International Monetary Fund on Friday praised the European Central Bank’s decision to raise interest rates for the eighth time in a row and its pledge to keep going as long as needed to bring down high inflation.
Source: ctv business
IMF head welcomes Europe’s interest rate hikes in campaign against inflation

RONA Inc. says it’s eliminating 500 jobs across Canada in a bid to simplify its organizational structure.
Source: ctv business
RONA Inc. getting rid of 500 jobs across Canada, citing ‘new market realities’

The International Monetary Fund slammed Pakistan’s government on Thursday over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft.
Source: ctv business
IMF slams new Pakistan budget proposal, says government failing to implement a more fair tax system