Direct Loan Canada Blog

Stocks edged lower in morning trading on Wall Street Wednesday and trading remained choppy as investors try to determine how rising interest rates and inflation will impact the economy.
Source: ctv business
Stocks open lower as choppy trading persists on Wall Street

Ontario’s ‘right to disconnect’ law came into effect on June 2, requiring companies to develop policies that allow employees to disconnect outside of regular working hours, but what does the law mean in practice?
Source: ctv business
Ontario’s ‘right to disconnect’ law: Who qualifies and what are the loopholes?

The COVID-19 pandemic inspired change in the world of work. Forcing people to work from home, it showed that traditional office models aren’t the only way to get things done.
Source: ctv business
Four-day work week here to stay, Ontario organizations say after trials

A former human resources officer at Eli Lilly sued the drugmaker on Monday, alleging she was terminated after pointing out poor manufacturing practices and data falsification involving one of its blockbuster diabetes drugs.
Source: ctv business
Whistleblower sues Eli Lilly over drug manufacturing problems

Despite all the buzz about the ‘Great Resignation’ and a renaissance for the working classes in the U.S., a new report finds the gap between executive and worker pay is only widening.
Source: ctv business
American CEOs are enjoying huge paydays while their workers struggle to pay bills

A new survey has found that Canadians are feeling stressed from soaring inflation, particularly from higher grocery prices. More than two-thirds of Canadians say rising grocery prices are having a direct impact on their finance-related stress; 56 per cent say the same about soaring gas prices.
Source: ctv business
Money is top stressor for Canadians amid high inflation, survey says

The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s war against Ukraine, the prospect of widespread food shortages and concerns about the potential return of ‘stagflation’ — a toxic mix of high inflation and sluggish growth unseen for more than four decades.
Source: ctv business
World Bank dims outlook for global economy amid Russia war

Statistics Canada says the country’s merchandise trade surplus fell to $1.5 billion in April as both imports and exports hit record highs, helped higher by rising prices.
Source: ctv business
Statistics Canada reports merchandise trade .5 billion for April

Burger King’s new hamburger to celebrate Pride Month has caused quite the stir on social media.
Source: ctv business
Burger King has a ‘Pride Whopper’ with ‘two equal buns’

Australia’s central bank on Tuesday lifted its benchmark interest rate for a second time in five weeks, changing the cash rate to 0.85 per cent from 0.35 per cent.
Source: ctv business
Australian central bank hikes rate for 2nd time in 5 weeks