Direct Loan Canada Blog

The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion.
Source: ctv business
Trans Mountain pipeline construction costs balloon again, this time to .9B

Many Canadians are subjected to fraud and scams each year, the most common being credit card fraud, and to coincide with Fraud Awareness Month in March, CTVNews.ca takes a look at some of the red flags for individuals and businesses.
Source: ctv business
Many Canadians are exposed to fraud each year. Here’s how business owners can help

A federal judge has rejected former Theranos executive Ramesh “Sunny” Balwani’s bid to remain free while he appeals his conviction for crimes he committed during a blood-testing scam he orchestrated with his former boss and lover, Elizabeth Holmes.
Source: ctv business
Theranos exec Sunny Balwani loses bid to delay prison term

Ford Motor Co. announced Friday that it will cut around 1,100 jobs at its plant in the eastern Spanish city of Valencia.
Source: ctv business
Ford to cut 1,100 jobs in Spain after other European layoffs

French President Emmanuel Macron insisted on the need for raising the retirement age from 62 to 64 in order to make the French pension system financially sustainable in the coming years, in a letter to workers’ unions released Friday.
Source: ctv business
French president insists pension reform is needed, despite protests

Lithium-ion batteries, found in many popular consumer products, are under scrutiny again following a massive fire this week in New York City thought to be caused by the battery that powered an electric scooter.
Source: ctv business
Lithium-ion battery fires are happening more often. Here’s how to prevent them

Global stock markets and Wall Street futures fell Friday ahead of a U.S. job market update amid unease about possible further interest rate hikes.
Source: ctv business
Global stocks, Wall St. futures sink ahead of U.S. jobs update

Total pay for BP’s CEO more than doubled to US$12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing households and small businesses.
Source: ctv business
BP CEO pay doubles to USM as high energy costs surge profit

Airports and airlines are preparing for a surge in passengers ahead of spring break after the industry has struggled to meet explosions of demand at peak times over the past year.
Source: ctv business
Airports gear up for passenger surge as spring break tests their capacity

BMO Financial Group announced a deal Friday to buy the Air Miles loyalty rewards program in Canada after its U.S. parent company filed for bankruptcy.
Source: ctv business
BMO Financial Group inks US0M deal to buy Air Miles loyalty rewards program