Direct Loan Canada Blog

Restaurants across the country are reducing hours and condensing menus as persistent staff shortages and spiking costs threaten to derail the industry’s comeback from crushing pandemic restrictions.
Source: ctv business
‘We just don’t have enough workers’: Restaurants rocked by labour shortage, inflation

Oil giant Saudi Aramco said Sunday its profits soared more than 80 per cent in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.
Source: ctv business
Saudi oil giant Aramco’s first-quarter profits surge 80%

National gas prices are continuing their rise to staggering highs this weekend, with drivers in Vancouver told to brace for as much as $2.34 per litre at the pumps.
Source: ctv business
Gas prices continue to soar for weekend drivers, experts predict no immediate relief

A toxic cesspool. A lifeline. A finger on the world’s pulse. Twitter is all these things and more to its over 217 million users around the world — politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with an internet connection.
Source: ctv business
As Musk buyout looms, Twitter searches for its soul

In a break from its socialist model, Venezuela’s government plans to open for private investment a number of state-owned companies in vital sectors as it seeks to address a need for capital for severely underinvested businesses. Scant details on the move are fueling doubts.
Source: ctv business
Venezuela plans stock sale in break from socialist model

India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine.
Source: ctv business
India bans exports of wheat, citing threat to food security

The Nunavut Impact Review Board is recommending the proposed expansion of an iron ore mine on the northern tip of Baffin Island should not go ahead.
Source: ctv business
Nunavut review board recommends against iron ore mine expansion on Baffin Island

Executives at Canada-based Trevali Mining Corp said the company was caught unaware by a torrential downpour during the dry season last month in Burkina Faso that left eight men trapped underground in its Perkoa zinc mine.
Source: ctv business
B.C. mining corp says it was caught unaware by downpour that flooded Burkina mine

Canadians are returning to cinemas after more than two years of COVID-19 measures, handing a revenue bump to the country’s largest cinema chain.
Source: ctv business
Cineplex reports Q1 loss as revenue soars with customers returning to theatres

Metro Vancouver drivers are being warned to expect another price jump at the pumps this weekend.
Source: ctv business
Here’s how expensive gas is predicted to be in Metro Vancouver this weekend