Direct Loan Canada Blog

Subway said on Tuesday it was exploring a possible sale of its business as the sandwich chain faces surging costs and mounting competition from deeper-pocketed rivals.
Source: ctv business
Sandwich chain Subway to explore sale

Statistics Canada says manufacturing sales fell for a second consecutive month in December as they dropped 1.5 per cent to $71.0 billion.
Source: ctv business
Statistics Canada reports manufacturing and wholesale sales down in December

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday.
Source: ctv business
Worst January for home sales since 2009, CREA reports

Billionaire Elon Musk said Wednesday that he anticipates finding a CEO for Twitter ‘probably toward the end of this year.’
Source: ctv business
Elon Musk hopes to have Twitter CEO toward the end of year

Britain’s inflation rate fell for a third consecutive month in January, boosting optimism that the cost-of-living crisis has peaked and prices will fall sharply later this year.
Source: ctv business
U.K. inflation falls for 3rd consecutive month in January

Tim Hortons’ parent company released new financial figures on Tuesday for the coffee and doughnut chain’s locations in Canada that appear to illuminate concerns raised by some franchisees about restaurant-level profitability.
Source: ctv business
Profit slips for Tim Hortons restaurant owners amid high commodity costs, inflation

PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Thursday but warned of pressure on discretionary spending, and said Chief Executive Dan Schulman will retire at the end of 2023.
Source: ctv business
PayPal’s spending warning casts pall over upbeat forecast

The global oil and gas industry’s profits in 2022 jumped to some US$4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency (IEA), Fatih Birol, said on Tuesday.
Source: ctv business
Oil and gas industry earned US trillion last year, says IEA chief

An economist was nominated Tuesday to head Japan’s central bank and take on the daunting task of guiding the world’s third-largest economy to stronger, stable growth.
Source: ctv business
Scholar nominated to follow Kuroda as Bank of Japan chief

As Canadians approach this year’s season, an expert offers tips for getting ahead of the filing blues.
Source: ctv business
‘Key to succeeding’: Tax season tips from an expert