Direct Loan Canada Blog

Food-delivery drivers protesting wage cuts and gruelling working conditions went on an extremely rare strike in Dubai over the weekend — a mass walkout that paralyzed one of the country’s main delivery apps and revived concerns about labour conditions in the emirate.
Source: ctv business
Dubai delivery drivers walk off job in rare protest over pay

As pandemic restrictions are lifted and case numbers ease, some companies want workers back in the office five days a week. On the other side of the spectrum, others are vacating pricey leases in prime downtown areas and asking employees to work remotely for good.
Source: ctv business
‘It won’t change overnight:’ Workers push back as return-to-office plans roll out

Poland urged its European Union partners on Monday to unite and impose sweeping sanctions on Russia’s oil and natural gas sectors over the war in Ukraine, and not to cave in to pressure to pay for their gas in Russian rubles.
Source: ctv business
Poland urges EU to slap sanctions on Russian oil and gas

A federal labour board on Monday has begun counting ballots cast by warehouse workers in a second Amazon union election on Staten Island.
Source: ctv business
Vote tally begins in 2nd Amazon union election in NYC

Housing prices in Canada are still incredibly high and here is why – we are still dealing with a supply shortage in desirable locations, higher immigration levels have put pressure on demand, along with the strong desire for urban lifestyle living, especially in Toronto, Vancouver and Montreal, writes contributor Pattie Lovett-Reid.
Source: ctv business
Pattie Lovett-Reid: Why is real estate so expensive in Canada?

Stocks fell broadly on Wall Street in afternoon trading Monday for a shaky start to May following a brutal April in which widespread technology sell-offs dragged down major benchmarks.
Source: ctv business
Stocks lose ground in a shaky start to May on Wall Street

Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of ‘maximum fun’ once he buys the social media platform for US$44 billion and takes it private. Here’s what might happen if Musk follows through on his ideas.
Source: ctv business
Elon Musk’s big plans for Twitter: What we know so far

Amazon and the nascent group that successfully organized the company’s first-ever U.S. union are headed for a rematch Monday, when a federal labour board will tally votes cast by warehouse workers in yet another election on Staten Island.
Source: ctv business
Amazon, union face off in a rematch election in New York

The federal government’s plan to ease runaway housing prices by rapidly ramping up the pace of home construction risks pushing up construction costs in the near term and could lead to oversupply in the long run, experts said.
Source: ctv business
From boom to glut: Experts say Canada’s housing plan could backfire on Trudeau

Tens of thousands of people marched Sunday in cities around Europe for May Day protests to honor workers and shame governments into doing more for their citizens.
Source: ctv business
May Day rallies in Europe urge more help as inflation bites