Direct Loan Canada Blog

In southern B.C, there’s a new 20,000-square-foot production facility where one particular product is generating a lot of buzz: magic mushrooms, which a handful of businesses have been federally approved to produce.
Source: ctv business
Amid buzz around the medical benefits of magic mushrooms, a new production facility gets to work in B.C.

Canadian retailers are struggling with higher shipping costs as couriers tack hefty fuel surcharges onto shipping rates to recoup record gas prices. The additional charge is sending the cost of shipping goods within Canada higher, topping 40 per cent for some carriers.
Source: ctv business
Retailers grapple with soaring fuel surcharges to ship online orders

New Brunswick’s education minister is lashing out at Air Canada, saying the airline is incompetent because it decided on the weekend to cancel a Monday flight that would have taken him and four officials to a meeting in Regina.
Source: ctv business
‘Incompetent’: New Brunswick cabinet minister blasts Air Canada for cancellation

Big, bright bouquets of fresh-cut blooms greet shoppers inside just about every major grocer, but that’s no coincidence, there’s a strategic decision behind those flowers’ placement. Experts say flowers fire up the senses, getting you ready to spend.
Source: ctv business
The surprising reason supermarkets sell flowers

The days of collecting stickers from cups and claiming a hot drink after purchasing six will soon be a thing of the past at McDonald’s Canada locations as of December 2023.
Source: ctv business
McDonald’s Canada to end ‘free hot drink’ stickers on cups

The Fourth of July holiday weekend is jamming U.S. airports with their biggest crowds since the pandemic began in 2020.
Source: ctv business
Holiday getaway pushes U.S. airport traffic to pandemic high

Tesla CEO Elon Musk, whose US$44 billion bid to buy Twitter remains in limbo, used the social media platform to announce he had met with Pope Francis.
Source: ctv business
Musk meets Pope, uses Twitter to announce the audience

The Canada Day long weekend saw gas prices plummet in parts of the country, but the relief at the pumps may not stay for very long, analysts say. The decreases come after crude oil prices slid in June following the U.S. Federal Reserve’s interest rate hikes, sparking fears of a recession.
Source: ctv business
Gas prices see long weekend drop in parts of Canada, but analysts say relief not likely to last

Airlines worked Saturday to deliver luggage to passengers around the world after a technical breakdown left at least 1,500 bags stuck at Paris’ Charles de Gaulle airport, the latest of several tangles hitting travellers this summer.
Source: ctv business
Stuck bags add to tangles at Paris airports amid travel boom

A new report from TD says Canadian home sales could fall by nearly one-quarter on average this year and remain low into 2023.
Source: ctv business
TD ‘significantly’ downgrades home sale, price forecasts