Direct Loan Canada Blog

A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public’s trust.
Source: ctv business
A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public’s trust.

TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.
Source: ctv business
TD CEO to retire next year, takes responsibility for money laundering failures

Some Brazilian users reconnected with X on Wednesday despite the Supreme Court’s recent nationwide ban, the result of the social network apparently changing the way its servers are accessed. The reunion may be short-lived, however.
Source: ctv business
Musk’s X skirts Brazil ban and returns to some users with change to server access

Vancouver became the first flight hub in Canada to deploy CT scanners in a bid to detect explosives and other threats.
Source: ctv business
Canadian airports to be equipped with CT scanners to detect explosives, other threats

A report led by the Canada Research Chair in Urban Governance says restrictions on short-term rentals in British Columbia have reduced rents by 5.7 per cent, saving tenants more than $600 million last year
Source: ctv business
B.C. short-term rental restrictions reducing rents, saving tenants millions: study

Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 Max and other airplanes.
Source: ctv business
Boeing to temporarily furlough tens of thousands of staff amid strike

Amazon.com is raising the pay of its fulfilment and transportation staff in the United States by at least US$1.50 an hour and handing out free Prime memberships as benefits, it said on Wednesday.
Source: ctv business
Amazon raises pay of U.S. hourly workers in fulfilment, transport ops

Low entry-level pay in the tentative deal between Air Canada and its pilots could be a stumbling block ahead of a union vote on the agreement, some aviators and experts say.
Source: ctv business
Low pay for junior Air Canada pilots poses possible hurdle to proposed deal

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers.
Source: ctv business
U.S. Federal Reserve cuts key rate by sizable half-point, signalling end to its inflation fight

Rogers Communications Inc. is buying out Bell’s 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership of the sports conglomerate.
Source: ctv business
Rogers Communications to buy out Bell’s share of MLSE for .7 billion