Direct Loan Canada Blog

Statistics Canada says the country posted a merchandise trade surplus of $1.9 billion in January, helped by exports of wheat, canola oil and soybeans.
Source: ctv business
Statistics Canada reports .9B merchandise trade surplus for January

French train and metro drivers, refinery workers, garbage collectors and others held further strikes Wednesday against President Emmanuel Macron’s plan to raise the retirement age to 64, maintaining pressure on the government as senators debated the reforms.
Source: ctv business
French strikers renew pressure on Macron to axe pension plan

Canada Border Services Agency says it helped put two Montreal-based companies with alleged ties to the Russian military on a United States sanctions list.
Source: ctv business
Ukraine war: 2 Montreal companies sanctioned by U.S. for alleged ties to Russia

The Biden administration sued to block JetBlue Airways’ US$3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Source: ctv business
U.S. sues to block JetBlue from buying Spirit Airlines

Sri Lanka’s president said Tuesday that China has given crucial debt restructuring assurances that mean the bankrupt Indian Ocean nation could get its US$2.9 billion bailout package approved soon.
Source: ctv business
Sri Lanka leader says IMF deal imminent after China’s pledge

WeightWatchers soared Tuesday after the company said it was getting into the prescription drug weight loss business with the acquisition of Sequence.
Source: ctv business
WeightWatchers gets into prescription weight loss business

The U.S. Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday.
Source: ctv business
Powell signals increased rate hikes if economy stays strong

Lego said Tuesday that profits increased by five per cent in 2022 from a year earlier and sales rose even as it raised prices on higher-ticket toys.
Source: ctv business
Lego posts boost in profit, sales as it raised some prices

Hundreds of thousands of demonstrators across France took part Tuesday in a new round of protests and strikes against the government’s plan to raise the retirement age to 64, in what unions hope will be their biggest show of force against the proposal.
Source: ctv business
France on strike: Unions say ‘non’ to higher pension age

As members of Parliament gear up to grill the CEOs of Canada’s largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money.
Source: ctv business
MPs should push grocer CEOs to disclose margins on food, experts say