Direct Loan Canada Blog

The minimum wage in Manitoba is increasing to $15.30 this October.
Source: ctv business
Manitoba’s minimum wage is increasing

Stocks are holding steady Wednesday as Wall Street bides its time until the U.S. Federal Reserve’s announcement in the afternoon about whether it will tighten the screws further on the economy.
Source: ctv business
Wall Street holds steady ahead of U.S. Fed decision on rates

Canadians with a hankering for Shake Shack’s juicy burgers soon won’t have to cross the border to satisfy their cravings. Toronto-based private investment firms Osmington Inc. and Harlo Entertainment Inc. announced plans Wednesday to bring the U.S. fast food giant to Canada.
Source: ctv business
Shake Shack to come to Canada in 2024 with first location set for Toronto

Ukraine and the International Monetary Fund have agreed on a $15.6 billion loan package aimed at shoring up government finances severely strained by Russia’s invasion and at leveraging even more support by reassuring allies that Ukraine is pursuing strong economic policies.
Source: ctv business
Ukraine, IMF agree on .6 billion loan package

The first day of Nordstrom’s liquidation sale began on Tuesday, but some shoppers walked away underwhelmed, as most items were only marked down five per cent.
Source: ctv business
Nordstrom liquidation sales underwhelm Canadians as most items marked down 5 per cent

The federal minimum wage is rising to $16.65 per hour on April 1, up from $15.55.
Source: ctv business
Federal minimum wage rising to .65 per hour on April 1

Overall inflation in Canada is cooling, according to just-released data, but the trend is not being reflected at grocery stores, where prices for some items continue to grow.
Source: ctv business
These foods cost more in Canada, despite inflation rate slowdown

A new report that looks at the prevalence of marketing to children inside grocery stores and restaurants suggests regulation is needed to help reduce unhealthy food temptations.
Source: ctv business
Report calls for restricting marketing to kids in grocery stores, restaurants

The International Monetary Fund said Tuesday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program.
Source: ctv business
IMF to assess Sri Lankan governance as part of B bailout

While the recent collapse of Silicon Valley Bank and the issues surrounding Credit Suisse have shaken investor confidence, a repeat of the 2008 financial crisis appears to be unlikely, one analyst says.
Source: ctv business
Comparing the SVB collapse to 2008 crisis: Why one professor says the two are different