Direct Loan Canada Blog

Young Canadians are facing rising rents and mortgage costs on top of higher grocery and gas bills — and for those on the job hunt, negotiating a higher salary is likely to be front of mind.
Source: ctv business
On the job hunt? Here’s how to negotiate for the best salary, other perks

Canada is home to more than 500 people that fit in a category of wealthy individuals dubbed the ‘centi-millionaires,’ says a report by Henley & Partners.
Source: ctv business
Centi-millionaires: How Canada’s ultra-rich rank worldwide

A new Statistics Canada report says 18 per cent of Canadian businesses were impacted by cybersecurity incidents last year, down from 21 per cent in 2019, as they spent more money to prevent attacks.
Source: ctv business
18 per cent of businesses affected by cybersecurity incidents last year: StatCan

Metro Inc. says it will not accept cost increases from its suppliers over a three-month period in order to keep grocery prices stable during the holidays.
Source: ctv business
Metro says it won’t accept supplier cost hikes over holidays to keep prices stable

Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labour group that’s been attempting to drag the company to the negotiating table since its historic win earlier this year.
Source: ctv business
Amazon workers reject union bid in upstate New York

Loblaw’s announcement of a price freeze on No Name products is largely a PR tactic, critics say, as Canadians and politicians accuse grocery giants of profiteering.
Source: ctv business
Critics call Loblaw price freeze a PR move as grocers face accusations of profiteering

A preliminary investigation of damages to the two Nord Stream gas pipelines in the Danish part of the Baltic Sea shows that the leaks were caused by ‘powerful explosions,’ Copenhagen Police said on Tuesday.
Source: ctv business
‘Powerful explosions’ behind Nord Stream pipeline leaks: Danish police

Holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms over household budgets, a new report says.
Source: ctv business
Holiday spending expected to slump amid inflation, economic uncertainty: report

Stocks rose on Wall Street Tuesday and added to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns.
Source: ctv business
Stocks rise on Wall Street as investors focus on earnings

Starbucks Corp was sued on Monday by eight employees at a unionized South Carolina store who said the company falsely accused them of criminal conduct after they demanded a raise from their manager.
Source: ctv business
Starbucks sued for accusing unionized workers of assault, kidnapping