Direct Loan Canada Blog

Given the continued progress the Bank of Canada has made in bringing inflation back down to the 2 per cent target, it is reasonable to expect more rate cuts, Governor Tiff Macklem said on Tuesday.
Source: ctv business
Bank of Canada says it’s reasonable to expect more rate cuts

Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premium users to four new markets, including the United States and Canada, the Swedish streaming giant said on Tuesday.
Source: ctv business
Spotify expands AI Playlist feature to new markets including U.S., Canada

Metro Vancouver grain terminal workers are now on strike, bringing tens of millions of dollars of exports to a standstill.
Source: ctv business
Concerns about food supply chain as Metro Vancouver grain workers launch strike

A senior executive at cybersecurity firm CrowdStrike will apologize at an appearance before a U.S. House of Representatives subcommittee on Tuesday for the company’s faulty software update that caused a global IT outage in July.
Source: ctv business
CrowdStrike executive to apologize for faulty update that caused global IT outage

Coca-Cola is discontinuing the production of its new Spiced flavour just six months after the soda hit shelves, marking the end of a disappointing attempt to attract younger drinkers.
Source: ctv business
Coca-Cola is pulling its newest ‘permanent’ flavour from store shelves

After Cineplex Inc. was charged a record $38.9-million fine late Monday, experts have a message for other companies adding fees to just about everything sold online: watch out.
Source: ctv business
Get ready for more cases tackling misleading fees after Cineplex ruling, expert says

B.C.’s Civil Resolution Tribunal has ordered WestJet to refund a family in full for their diverted flight and compensate them for associated costs.
Source: ctv business
WestJet ordered to pay passengers K after offering only for flight diversion

Boeing said Monday it has raised its offer to the International Association of Machinists union in an effort to end the strike by 33,000 union members that has now entered its 11th day.
Source: ctv business
Boeing is raising its offer in an effort to end the strike

Cosmetics brand Lush says it is laying off staff as it scales down operations at its Vancouver facilities.
Source: ctv business
Cosmetics retailer Lush laying off staff amid ‘scaling down’ of Vancouver operations

Ian Rosen is at ease wandering all four floors of the flagship Harry Rosen store his late grandfather started and his father built upon, but it’s the lower level where he’s really at home.
Source: ctv business
At 70, retailer Harry Rosen is on the brink of ‘reinvention’ as men’s style evolves