Direct Loan Canada Blog

Pay transparency has become an increasingly desired asset in the job market as more Canadians want open discussions about their wages. But who really has it?
Source: ctv business
Do Canadians have pay transparency? It’s complicated, experts say

Small business advocates say the government’s mention of credit card transaction fees in Thursday’s fall economic statement is a positive step, but won’t help businesses deal with rising costs in the short term.
Source: ctv business
Small businesses welcome Ottawa’s promised action on credit card fees

Global layoffs orchestrated by new Twitter owner Elon Musk have hit the company’s Canadian office with its two most senior leaders announcing they were part of the cuts.
Source: ctv business
Twitter layoffs hit Canadian office, involve at least two of the country’s top staff

America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation.
Source: ctv business
U.S. employers keep hiring briskly even in face of rate hikes

Despite complications that includes local wars over drug territory, major banks are undeterred from investing in an oil project in the Colombian Amazon.
Source: ctv business
Major banks support rainforest oil project despite problems

Lowe’s Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for US$400 million plus a performance-based deferred consideration.
Source: ctv business
Lowe’s to sell Canadian business, including RONA stores, to private equity firm

The head of the European Central Bank underlined the bank’s determination to fight rampant inflation with more interest rate increases on top of record hikes, saying Friday that “our job is far from being completed” and that even a mild recession would not be enough to bring rising prices back under control.
Source: ctv business
European Central Bank leader doubles down on rate increases

Employees braced for widespread layoffs at Twitter Friday as new owner Elon Musk overhauls the social platform.
Source: ctv business
Twitter layoffs begin a week after Elon Musk’s takeover

The Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months.
Source: ctv business
Canadian economy adds 108,000 jobs in October, unemployment holds steady

Canada’s main stock index was up in late-morning trading amid strength in the financial, utilities and energy sectors, while U.S. stock markets also posted gains.
Source: ctv business
S&P/TSX composite up in late-morning trading, U.S. markets also pushed higher