Direct Loan Canada Blog

Inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found.
Source: ctv business
Inflation, interest rates eroded Canadians’ purchasing power since 2022: PBO report

A new report from the Canadian Chamber of Commerce is sending a stark warning ahead of the U.S. presidential election, saying protectionist policies like Donald Trump’s proposed tariffs could damage economies on both sides of the border.
Source: ctv business
Canadian Chamber of Commerce sends stark warning about U.S. trade relationship

Uber Technologies will roll out an AI assistant powered by OpenAI’s technology to help drivers transition to electric vehicles, as part of its efforts to lower emissions.
Source: ctv business
Uber to launch AI assistant powered by OpenAI’s GPT-4o to help drivers go electric

A Toronto senior says she can’t believe that two roofers took advantage of her, despite knowing she was recently widowed and suffering from a painful disability.
Source: ctv business
Toronto senior loses ,000 to roofing scam

As U.S. regulators push for an investigation into what they call ‘deadly baby and toddler products’ from foreign e-commerce sites, health officials in Canada say they haven’t determined whether any laws or regulations have been broken.
Source: ctv business
Is it safe to buy from Temu and Shein? Here’s what Canada says it’s doing to try to protect consumers

After concerns were raised in the summer, it appears some 7-Eleven stores in Winnipeg may be shutting down because of crime.
Source: ctv business
4 Winnipeg 7-Eleven stores permanently closing amid theft concerns

As Hurricane Milton makes its way towards Florida, the storm has forced Orlando’s theme parks to adjust. Here’s a look at what’s happening with Universal Resort, SeaWorld and Walt Disney World.
Source: ctv business
Are Disney World, Universal Resort and SeaWorld still open?

Canada’s telecommunications regulator says the country’s largest cellphone carriers must take steps to make their international roaming rates more affordable.
Source: ctv business
CRTC calls on Big 3 telecoms to lower international roaming fees

The Federal Court of Appeal has dismissed a challenge to the construction of a massive rail-and-truck hub in the Greater Toronto Area, allowing the project to proceed.
Source: ctv business
Federal Court of Appeal ruling allows massive CN Rail hub to proceed

JetBlue’s economy class passengers will no longer find hot meals on the menu aboard transatlantic flights.
Source: ctv business
Cold crepes and frittatas: JetBlue drops hot meals for economy passengers