Direct Loan Canada Blog

The president of e-commerce giant Shopify Inc. wants Canada to address a problem he calls “the 600-pound beaver in the room.”
Source: ctv business
Lack of ambition in Canada creating ‘600-pound beaver in the room’: Shopify president

Owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year, Finance Minister Chrystia Freeland announced on Tuesday.
Source: ctv business
Canadian small businesses will receive 5 years’ worth of carbon rebates in December

Canada will be imposing a 25 per cent surtax on select imports of steel and aluminum from China, after unveiling its final list of impacted products on Tuesday.
Source: ctv business
Canada to impose 25 per cent surtax on select Chinese-made steel and aluminum products

Restaurant company SIR Corp. is investigating a cybersecurity incident that has impacted part of its information technology infrastructure.
Source: ctv business
Restaurant company SIR Corp. investigating cybersecurity incident

Sony’s PlayStation Network went down for hours on Tuesday, frustrating gamers around the world who complained they weren’t able to sign in to their accounts.
Source: ctv business
Sony’s PlayStation Network suffers hourslong outage, irking videogamers

From Maine to Texas, dockworkers at 36 ports across the eastern United States are on strike for the first time in decades, a work stoppage that could snarl supply chains and cause shortages and higher prices if it stretches on for more than a few weeks.
Source: ctv business
U.S. dockworkers’ strike could push up prices and cause shortages if it lasts for weeks

The 45,000 dockworkers who went on strike Tuesday for the first time in decades at 36 U.S. ports from Maine to Texas may wield the upper hand in their standoff with port operators over wages and the use of automation.
Source: ctv business
U.S. dockworkers may have the negotiating advantage in their strike against ports

The minimum wage in four provinces is going up today.
Source: ctv business
Minimum wage in Ontario, Manitoba, Saskatchewan, P.E.I. increases

TD Bank Group has agreed to pay more than US$28 million after an investigation into manipulation of the U.S. Treasuries market by one of its traders.
Source: ctv business
TD Bank to pay more than USM in settlement for market manipulation

Three tobacco giants are yet again seeking to extend an order suspending legal proceedings against them, as they negotiate a settlement with creditors in a long-running case involving an order to pay out billions to some 100,000 smokers and their loved ones.
Source: ctv business
Tobacco companies seek to extend order suspending legal proceedings against them