Direct Loan Canada Blog

Canada and India are quietly setting the stage to reboot formal free trade talks as the Trudeau government seeks economic alternatives to China following the dispute over the Meng Wanzhou-two Michaels affair.
Source: ctv business
India pushes renewed trade talks with Canada in aftermath of two Michaels China woes

Former Bank of Canada governor Stephen Poloz says government spending and stimulus are not to blame for increased inflation.
Source: ctv business
Stimulus not the cause of Canada’s inflation problem, says former Bank of Canada governor

Getting shopping done early and having back-up gift ideas are key to navigating the ongoing supply chain issues this holiday season, David Soberman, a professor at the University of Toronto’s Rotman School of Management, says.
Source: ctv business
Canada Post ramping up for holiday season amid COVID-19 pandemic, supply chain issues

The last holiday season was far from the most wonderful time of the year for the U.S. Postal Service: Sick and quarantined workers, a flood of packages from shoppers loathe to set foot in stores and a last-minute dump of packages from overwhelmed private shippers.
Source: ctv business
U.S. shippers prepare for another pandemic crush of holiday gifts

Portugal’s new law on working from home makes the European Union country sound like a workers’ paradise. Companies can’t attempt to contact their staff outside working hours. They must help staff pay for their home gas, electric and internet bills. Bosses are forbidden from using digital software to track what their teleworkers are doing.
Source: ctv business
Workers’ paradise? Portugal’s new teleworking law takes flak

Macao police on Saturday detained the head of Macao’s biggest casino junket organizer and others after Chinese authorities issued an arrest warrant for them over accusations that they ran an illegal cross-border gambling syndicate.
Source: ctv business
Macao detains Suncity boss on China gambling charge

Motorists may want to wait until Sunday to fill up their tanks, as one analyst expects gas prices to fall 10 to 11 cents across most of Canada.
Source: ctv business
Gas prices could see double-digit drop in most of Canada this weekend: analyst

Rogers Communications Inc. used the last day of CRTC hearings reviewing its proposed takeover of Shaw Communications Inc. to reject the criticism of its main rivals, while offering some concessions to independent producers and distributors.
Source: ctv business
Rogers rejects criticism from competitors on Shaw deal, offers some concessions

Peloton Interactive Inc , the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton’s new apparel line.
Source: ctv business
Peloton sues Lululemon in dispute over new apparel line

CTV’s chief financial commentator Pattie Lovett-Reid discusses the global market sell-off over fears of a new COVID-19 variant. Read her analysis on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: What investors need to know about market reaction to the new COVID-19 variant