Direct Loan Canada Blog

An executive of Chinese global communications giant Huawei Technologies returned from Canada Saturday night following a legal settlement that also saw the release of two Canadians held by China, potentially bringing closure to a nearly 3-year-long feud embroiling Ottawa, Beijing and Washington.
Source: ctv business
Huawei executive returns as China releases 2 Canadians

Canadian meat packers say they are dealing with a labour shortage crisis and must be allowed to bring in more temporary foreign workers.
Source: ctv business
Meat packers call for changes to foreign worker cap to address labour shortage crisis

Canada’s two largest railways may run out of grain to move and face revenue challenges in the coming year as the domestic grain crop is expected to decrease 37 per cent due to drought conditions across the Prairies despite a slight improvement in August.
Source: ctv business
Canadian railways could run out of grain to transport due to drought: analyst

Hudson’s Bay Co. is wading into the booming resale marketplace through a partnership with Canadian startup Rebelstork Corp. as shoppers increasingly turn to second-hand e-commerce platforms in search of cheaper and greener goods.
Source: ctv business
Hudson’s Bay steps into booming resale marketplace with baby gear startup Rebelstork

Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under US$310 billion in debt and say they can cope with a potential default.
Source: ctv business
Chinese banks try to calm fears about developer’s debts

Costco is once again placing limits on purchases of toilet paper, paper towels and cleaning supplies at its U.S. stores.
Source: ctv business
Costco to limit toilet paper purchases at U.S. stores

Travellers arriving at U.K. airports faced delays Friday after electronic passport gates failed, forcing passengers to wait in line for border officers to inspect their documents.
Source: ctv business
U.K. airports report delays as IT failure shuts e-gates

China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money.
Source: ctv business
China says all crypto transactions illegal; Bitcoin tumbles

British energy firms are rationing supplies of gasoline and closing some petrol pumps — the latest in a string of shortages that have seen McDonald’s take milkshakes off the menu, KFC run short of chicken and gaps appear on supermarket shelves.
Source: ctv business
Drive for Britain! U.K. scrambles for truckers amid supply woe

Stocks are wavering between small gains and losses on Wall Street Friday, and are still barely higher for the week.
Source: ctv business
Stocks on Wall Street waver, clinging to gains for the week