Direct Loan Canada Blog

The Trans Mountain pipeline returned to normal operating pressure on Saturday, it said in a statement, after functioning at reduced pressure for over a month.
Source: ctv business
Trans Mountain oil pipeline returns to normal operating pressure

As the job market continues to evolve amid the COVID-19 pandemic, a new report suggests that employers are looking for candidates with skills that weren’t as relevant prior to 2020, including virtual customer service experience and skills in safety management.
Source: ctv business
These are the most in-demand skills for Canadian job-seekers

The government of Alberta, Canada’s main oil-producing province, plans to move forward ‘very, very quickly’ on its next carbon sequestration hub in the Cold Lake region that will serve oil sands producers, Energy Minister Sonya Savage says.
Source: ctv business
Alberta prioritizes oil sands’ carbon storage hub, energy minister says

A senior European Central Bank official says that raising interest rates prematurely could ‘choke off the recovery,’ comments that come as inflation in the 19-nation euro area has hit a record rate.
Source: ctv business
Senior ECB official: Rate rise too soon could choke recovery

Mexico has seized 380,000 boxes of Corn Flakes, Special K and other Kellogg’s cereals, claiming the boxes had cartoon drawings on them in violation of recently enacted laws aimed at improving children’s diets.
Source: ctv business
Mexico seizes 380,000 boxes of Kellogg’s cereal

Retail workers say the refusal by Canada’s grocers to reinstate ‘hero pay’ has left them feeling forgotten, unappreciated and at risk as the Omicron wave leaves many stores short-staffed amid renewed consumer stockpiling.
Source: ctv business
Grocery store workers call refusal to reinstate pandemic pay ‘insulting’

Britain’s foreign minister expressed optimism Friday that there is a “deal to be done” to resolve a Northern Ireland trade dispute that has soured the U.K.’s relations with the European Union.
Source: ctv business
U.K. says there is ‘deal to be done’ to resolve feud with EU

Canada’s financial sector could be exposed to significant economic shocks from the transition to lower emissions according to early scenario modelling from the Bank of Canada and the banking regulator.
Source: ctv business
BoC scenarios show financial sector exposed to potential climate transition shocks

The Dutch government eased its coronavirus lockdown Friday, allowing non-essential stores, universities, sports clubs and ‘contact businesses’ like hairdressers to reopen for the first time in nearly a month.
Source: ctv business
Dutch government eases lockdown, but not for hospitality

A fire erupted in Kuwait during maintenance work at a major oil refinery on Friday, killing two workers and critically injuring five others, the Kuwait National Petroleum Company said.
Source: ctv business
Fire at Kuwait refinery kills 2 and critically injures 5