Direct Loan Canada Blog

Qualcomm lost its bid on Wednesday to get a European Union antitrust penalty thrown out after a top court largely rebuffed the technology company’s arguments in the case involving cellphone chipsets.
Source: ctv business
Qualcomm loses court appeal against European Union antitrust penalty in chipset case from 2019

Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection.
Source: ctv business
Iconic Tupperware Brands seeks Chapter 11 bankruptcy

With Canada’s annual inflation rate reaching the central bank’s two per cent target, the country’s affordability crisis could be peaking, according to an economist.
Source: ctv business
Affordability crisis could be reaching its peak in Canada, economist says

An Ontario man was surprised to learn he would have to pay a $1,000 penalty to cancel his water heater rental. ‘I was shocked that the penalty I had to pay was almost the cost of a brand new water heater,’ James Alves, of Etobicoke, told CTV News Toronto.
Source: ctv business
‘It’s ridiculous’: Ontario man told to pay ,000 to end water heater contract

Canadians are still feeling the pinch when it comes to shopping for certain items and living expenses, even as inflation has cooled, according to Statistics Canada’s new data released Tuesday.
Source: ctv business
Inflation data reveals what cost more in Canada lately

Vacancies have steadily fallen since the glut of nearly one million open posts in 2022. At the time, one in three businesses had trouble hiring staff due to a labour shortage. Since then, vacancies have dropped.
Source: ctv business
Why it’s ‘very hard’ to find work in Canada

Statistics Canada has changed the way it tracks the price of wireless plans in an effort to capture a more accurate picture of what Canadians are paying when it calculates the inflation rate.
Source: ctv business
StatCan looks to improve the way it tracks wireless plan pricing with new data

Canada’s annual inflation rate reached the central bank’s target in August at it cooled to 2 per cent, its lowest level since February 2021, data showed on Tuesday.
Source: ctv business
Canada’s inflation cools to 2% in August, the smallest gain since early 2021

An Ontario man thought he got some good news when he received a text message offering a $30 gift for being a loyal Giant Tiger customer. ‘I do go to that store so I clicked on the link and it said it was a customer appreciation award they were going to give people,’ Mark Martin, of Simcoe, Ont., told CTV News Toronto.
Source: ctv business
Ontario man who almost fell for text scam issues warning to others

Air Canada is offering passengers the option to change flights back. Here’s what you need to know.
Source: ctv business
Rebooked your flight? Here are your options after Air Canada reached a tentative deal with its pilots