Direct Loan Canada Blog

Russia agreed to a two-month extension of a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger, Turkish President Recep Tayyip Erdogan announced Wednesday, a boost to global food security after the war drove up prices.
Source: ctv business
Russia agrees to extend Ukraine grain deal in a boost for global food security

Declaring a mission to liberate ‘Taco Tuesday’ for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark.
Source: ctv business
‘Taco Tuesday’ trademark tiff flares anew between fast food competitors

WestJet CEO Alexis von Hoensbroech says a massive gap remains between the airline’s offer to pilots and the union’s counter-proposal for a new contract as job action looms.
Source: ctv business
‘Massive gap’ between WestJet, pilots’ union as strike looms and bookings fall: CEO

Disgraced Theranos founder Elizabeth Holmes has once again lost her bid to stay out of prison while she appeals her fraud conviction tied to a blood-testing hoax that bilked investors.
Source: ctv business
Court rejects Elizabeth Holmes’ motion to stay out of prison while on appeal

Several groups representing Canadian truckers are calling on the CRA to help end what they call a ‘tax scam’ impacting their industry, saying that it has reached the ‘crisis’ level.
Source: ctv business
Canadian trucking groups sound alarm over ‘tax scam,’ call on CRA to step in

If inflation is cooling, why are some items still so expensive? Here’s a look at what products saw the biggest price increases in April.
Source: ctv business
Groceries, gas, mortgages: These are the items that saw the biggest price increases in April

The first increase in annual inflation since its June 2022 peak was driven in part by higher mortgage interest costs and higher rent prices, Statistics Canada said Tuesday.
Source: ctv business
Rent, mortgage interest helped drive inflation higher in April: Statistics Canada

A new report by the Canadian Climate Institute says private capital is needed to invest in climate adaptation infrastructure as extreme weather events like fires and floods become more acute by the year.
Source: ctv business
Private investment needed to ramp up climate adaptations in infrastructure: report

Statistics Canada says manufacturing sales rose 0.7 per cent to $72.3 billion in March, boosted by gains in the motor vehicle, aerospace product and parts, and primary metal industries.
Source: ctv business
Statistics Canada says manufacturing sales rose 0.7 per cent in March

Wireless carrier Vodafone said Tuesday that it’s laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance.
Source: ctv business
Vodafone axing 11,000 jobs as U.K. wireless carrier aims to cut costs, boost growth