Direct Loan Canada Blog

The association says it now expects 6,902 wells to be drilled this year, up 6.9 per cent from its original forecast in November last year for 6,457.
Source: ctv business
Canadian Association of Energy Contractors raises drilling forecast for the year

Amazon has fired two employees with ties to the grassroots union that led the first successful U.S. organizing effort in the retail giant’s history.
Source: ctv business
Amazon fires 2 union organizers tied to first U.S. labour win

As the European Union tries to impose sanctions on Russian oil over the war in Ukraine, Hungary has emerged as one of the biggest obstacles to unanimous support needed from the bloc’s 27 member nations.
Source: ctv business
Why is Hungary blocking sanctions on Russian oil?

Food-delivery workers protesting meagre pay and inadequate protections have walked off the job across Dubai, their company confirmed Tuesday, marking the second strike in as many weeks in an emirate that outlaws dissent.
Source: ctv business
Dubai delivery workers go on second rare strike this month

Stocks shed early gains and fell in afternoon trading on Wall Street Tuesday as the market remains shaky a day after a broad sell-off.
Source: ctv business
Stocks fall further on Wall Street a day after big sell-off

The Competition Bureau has filed an application to block Rogers Communications Inc.’s purchase of Shaw Communications Inc. because it claims the transaction would lead to worse service and higher prices, though experts say the move isn’t necessarily the end of the road.
Source: ctv business
Competition Bureau seeks to block Rogers-Shaw deal, citing affordability and choice

The world’s most valuable cryptocurrency was down 10 per cent Monday after plunging again over the weekend.
Source: ctv business
Bitcoin tumbles more than 50 per cent below its all-time high as crypto plunges again

The Competition Bureau says is seeking to block Rogers Communications Inc.’s proposed $26-billion acquisition of Shaw Communications Inc.
Source: ctv business
Competition Bureau seeks to block Rogers-Shaw deal

Russia has long been powered by oil and Europe’s addiction to it. Now, Moscow is faced with an unprecedented challenge: If the continent bars imports of millions of barrels of crude, can it find new customers?
Source: ctv business
Russia needs to sell oil. It’s running out of options

The construction industry is feeling the pressures of inflation. Statistics Canada says residential construction costs have increased 25 per cent since last year. Meanwhile, workers are also demanding higher pay to keep up with inflation.
Source: ctv business
Construction industry faces high inflation, job action from workers