Direct Loan Canada Blog

Gasoline thefts in Saskatchewan are up 76 per cent in 2022 compared to the same time period last year, according to a recent RCMP report.
Source: ctv business
Gas theft up 76% in Sask. to start 2022: RCMP

Abbott Laboratories recall and shutdown of their Michigan plant has worsened a baby formula shortage among multiple manufacturers that began with pandemic supply chain issues.
Source: ctv business
What happened with Abbott baby formula that worsened a U.S. shortage?

Nestle is rushing baby formula into the United States via airfreight in a bid to ease a nationwide shortage that is unnerving parents around the country.
Source: ctv business
Nestle is flying baby formula into America as shortage continues

Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5 per cent of the accounts on the social media platform are fake or spam.
Source: ctv business
Musk: Doubt about spam accounts could scuttle Twitter deal

Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet Yellen warned Tuesday that they also must take a wary and united approach to checking China and its business practices.
Source: ctv business
Yellen warns Europeans about working with China, urges unity

Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre for the first time. Natural Resources Canada says the average price across the country for regular gasoline hit $2.06 per litre on Monday for an all-time high.
Source: ctv business
Average price of gas in Canada tops a litre for first time

A match made in marketing heaven between Tim Hortons and Justin Bieber is back with a new French vanilla-flavoured chilled coffee.
Source: ctv business
Tim Hortons reprises marketing collaboration with Justin Bieber, launches Biebs Brew

Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest shareholder could add complexity to his bid to buy Twitter.
Source: ctv business
Elon Musk’s China ties add potential risks to Twitter purchase

Stocks rose in afternoon trading on Wall Street Tuesday as investors review an encouraging report on retail sales and a mixed batch of earnings updates from several big retailers.
Source: ctv business
Stocks rise on Wall Street; report shows strong retail sales

U.S. officials on Monday reached an agreement to allow baby formula maker Abbott to restart its largest domestic factory, though it will be two months or more before any new products ship from the site to help alleviate the national shortage facing parents.
Source: ctv business
U.S. reaches deal to reopen shuttered baby formula plant