Direct Loan Canada Blog

Maple syrup producers in New Brunswick are pushing the provincial government to respond to their request for more Crown land on which to expand production and meet a growing global demand for their products.
Source: ctv business
New Brunswick maple syrup producers seek more Crown land to expand production

WestJet has again made significant cuts to its flight schedules as the airline continues to navigate the barriers facing air travel due to COVID-19.
Source: ctv business
WestJet cancels 20 per cent of March flights as travel restrictions, test requirements continue

Frontier Airlines and Spirit Airlines are proposing to combine in a US$2.9 billion deal that would create a larger discount airline to compete against the nation’s dominant carriers and, they say, promote lower fares.
Source: ctv business
Frontier bids US.9 billion for rival budget airline Spirit

A Swiss criminal court was opening a trial Monday on charges that Credit Suisse failed to do enough to stop money laundering linked to drug trafficking by a Bulgarian criminal organization, which employed a wrestler who once hauled millions in currency by car to Switzerland.
Source: ctv business
Credit Suisse faces trial in drug-tied money laundering case

Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders.
Source: ctv business
Japan tech giant Toshiba to split, sell stake in Carrier

Canada’s main stock index was down in late-morning trading amid losses in the energy, technology and industrial sectors as U.S. stock markets edged higher.
Source: ctv business
S&P/TSX composite down in late-morning trading, U.S. stock markets edge higher

Legal challenges of employer vaccine mandates and health measures are being tossed out as arbitrators in Canada largely side with the need to maintain safe workplaces during a pandemic, legal experts say.
Source: ctv business
What is Canada’s legal system saying about workplace vaccine mandates?

The federal increases in the farm gate milk price took effect at the start of the month, putting more pressure on dairy processers, restaurants and consumers.
Source: ctv business
Why milk, butter and other dairy products just got more expensive

Costco’s Kirkland Signature brand is perhaps America’s weirdest private label, but it’s also shockingly successful. Kirkland raked in US$58 billion in sales during Costco’s latest fiscal year, making up around a quarter of the company’s total revenue.
Source: ctv business
Why every Costco product is called ‘Kirkland Signature’

Statistics Canada is scheduled this morning to report on how the job market fared in January amid tightened restrictions as the Omicron variant spread.
Source: ctv business
Statistics Canada to report January jobs figures and show Omicron’s impact