Direct Loan Canada Blog

Lines of cars formed at British gas stations for a fourth day on Monday, as the government mulled sending in the army to help ease the supply disruptions, triggered by a shortage of truck drivers.
Source: ctv business
U.K. mulls calling in army to help ease gas shortages at pumps

Up to 90 per cent of British fuel stations ran dry across major English cities on Monday after panic buying deepened a supply chain crisis triggered by a shortage of truckers that retailers are warning could batter the world’s fifth-largest economy.
Source: ctv business
Panic buying leaves up to 90 per cent of fuel pumps dry in major British cities

Stocks were mixed on Wall Street Monday as technology stocks fell and offset gains for banks and energy companies.
Source: ctv business
Stocks trade mixed; banks, energy sectors gain, tech falls

The world is still waiting to find out what will happen to troubled Chinese conglomerate Evergrande and its enormous mountain of debt.
Source: ctv business
5 things to know about the Evergrande situation: A simple breakdown

Plastic resins — tiny plastic pellets used to make everything from bread bags to milk containers — are undergoing a triple whammy of high demand, tight supply and soaring prices.
Source: ctv business
Plastic resin emerges as tiniest example of enduring COVID-19 supply chain crunch

When the remains of 215 missing children were found on the grounds of the former Kamloops Indian Residential School, a group of Indigenous Tim Hortons owners came up with a fundraising campaign for residential school survivors involving an orange-sprinkled doughnut.
Source: ctv business
Indigenous Tim Hortons owners drive campaign for residential school survivors

In the last budget, Ottawa pledged close to $650 million over five years for the Pacific Salmon Strategy Initiative unveiled in June, but few details have been released about how the money would be spent on salmon recovery plans.
Source: ctv business
Fishers, experts await details on Ottawa’s latest plan to save Pacific salmon

American businesses are at a loss to explain why the U.S. continues to deny Canadians the ability to drive across the border for holidays, day trips or shopping excursions — a restriction the federal Canadian government began easing over the summer for fully vaccinated U.S. citizens and permanent residents.
Source: ctv business
Denied cross-border shoppers, some U.S. companies opt to export to Canada instead

The employment insurance system is set for another round of pandemic-related changes that come into force on Sunday.
Source: ctv business
There are new rules for employment insurance. Here’s what you need to know

In a U-turn, Britain said Saturday it will issue thousands of emergency visas to foreign truck drivers to help fix supply-chain problems that have caused empty supermarket shelves, long lines at gas stations and shuttered pumps.
Source: ctv business
U.K. looks abroad to ease trucker shortage amid run on gas