Direct Loan Canada Blog

Amazon is targeting retail rivals Shein, Temu and TikTok Shop with a new deeply discounted storefront that sells a wide array of products for US$20 or less.
Source: ctv business
Everything is under US at Amazon’s newest store

European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 million euros for what they call ‘abusive practices’ involving its Marketplace online classified ads business.
Source: ctv business
EU slaps Meta with a nearly .2 billion fine for engaging in ‘abusive’ Marketplace practices

Scotiabank users say they are having issues using their bank’s services following a scheduled maintenance period that ended days ago.
Source: ctv business
Some Scotiabank users facing ‘intermittent’ access to banking days after scheduled maintenance

Scotiabank users say they are having issues using their bank’s services following a scheduled maintenance period that ended days ago.
Source: ctv business
Scotiabank users facing ‘intermittent’ access to banking

The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.
Source: ctv business
Rent inflation to slow in the next few years, Desjardins predicts

Amid a potential postal worker strike, here’s a look at how many letters and parcels the corporation delivers and how those numbers have changed in the internet age.
Source: ctv business
A look at how much mail Canada Post delivers, amid a strike notice

The federal government has ordered operations at B.C.’s ports to resume Thursday, according to the B.C. Maritime Employers Association.
Source: ctv business
B.C. ports to resume operations Thursday

Via Rail is asking for a judicial review of the reasons why Canadian National Railway Co. has imposed speed restrictions that affect its new passenger trains.
Source: ctv business
Via Rail seeks judicial review of CN’s speed restrictions

An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a US$2 billion scheme to defraud insurance regulators, policyholders and others through a myriad of companies from which he skimmed funds for personal benefit.
Source: ctv business
Insurance magnate pleads guilty as government describes USB scheme

Maple Leaf Foods Inc. continued to navigate weaker consumer demand in the third quarter as it looked ahead to the spinoff of its pork business in 2025.
Source: ctv business
Maple Leaf Foods earns .7M in Q3, sales rise as it works to spin off pork business