Direct Loan Canada Blog

A 145-year-old newspaper in St. John’s, N.L., is cutting its print run to once a week after a court approved Postmedia’s purchase of the insolvent SaltWire Network earlier this month.
Source: ctv business
Newfoundland newspaper The Telegram reducing print run after Postmedia purchase

The Canadian Union of Public Employees (CUPE) passed a motion requesting national vice-president Fred Hahn’s resignation following a recent social media post he shared.
Source: ctv business
CUPE calls for Fred Hahn’s resignation following social media post

Canada’s unions seem to be having a moment and labour experts don’t see the increase in strikes, lockouts and job action scaling back anytime soon.
Source: ctv business
Canada’s ‘labour moment’ expected to stick around for a couple more years: experts

Prime Minister Justin Trudeau is urging negotiators to reach a deal to prevent an unprecedented railway stoppage that could have an economic impact worth billions of dollars.
Source: ctv business
Commuters, billions of dollars could be affected by rail strike; Trudeau urges deal

As Thursday’s strike deadline looms and the two biggest rail companies in Canada prepare to lock out their workers, Saskatchewan producers are watching anxiously.
Source: ctv business
‘They want government to do their dirty work’: Canadian farmers feel helpless to stop rail disruption

Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud.
Source: ctv business
Shein sues Temu over copyright infringements

Hours away from an unprecedented potential shutdown at the country’s two main railways, a coalition of business groups has amplified their pleas for the federal government to step in and prevent a work stoppage that would upend supply chains — even as the prime minister stressed a deal at the table is the best outcome.
Source: ctv business
Business groups warn of dire consequences unless feds step in as rail shutdown looms

U.S Federal safety officials are requiring inspections of cockpit seats on Boeing 787 Dreamliners after one of the jets went into a dive when the captain’s seat lurched forward without warning and disconnected the plane’s autopilot system.
Source: ctv business
A new setback hits a Boeing jet: U.S. will require inspection of pilot seats on 787s

Two migrant workers from Mexico have filed a lawsuit against a seafood processing company in northern New Brunswick.
Source: ctv business
Migrant workers file lawsuit against N.B. seafood company, alleging exploitation, mistreatment

A battery materials refinery plant south of Temiskaming Shores has signed a multi-million-dollar contract with the United States military for a large expansion.
Source: ctv business
Pentagon funds cobalt refinery plant expansion in northern Ontario