Direct Loan Canada Blog

The country’s two main freight railways are turning away a growing number of goods ahead of a potential work stoppage next week that could snarl supply chains and disrupt industry.
Source: ctv business
Railways halt more shipments ahead of potential lockout as bargaining tensions rise

A wrongful death lawsuit against Walt Disney Parks and Resorts is serving as a reminder to consumers of the importance of reading the fine print when signing up for a streaming service or smartphone app.
Source: ctv business
Wrongful death suit against Disney serves as a warning to consumers when clicking ‘I agree’

Starbucks’ incoming CEO could make well in excess of US$100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
Source: ctv business
Starbucks is giving its new CEO a huge pay package and not making him move to Seattle

Taskrabbit cannot be held responsible for the cost of repairing thousands of dollars worth of damage allegedly caused by one of its ‘taskers,’ according to B.C.’s Civil Resolution Tribunal.
Source: ctv business
Here’s why a B.C. tribunal said Taskrabbit is not responsible for damage caused by its ‘taskers’

Lockheed Martin LMT.N on Thursday agreed to acquire satellite products maker Terran Orbital LLAP.N in a US$450 million deal, months after the defence contractor withdrew its previous bid to take it private.
Source: ctv business
Lockheed Martin to buy satellite products maker in US0M deal

RBC and TD Bank Group have agreed to pay tens of millions of dollars in penalties after being charged by the U.S. Securities and Exchange Commission over recordkeeping violations.
Source: ctv business
RBC, TD to pay millions to settle U.S. SEC charges over recordkeeping violations

Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying.
Source: ctv business
Canada Jetlines becomes latest victim of cutthroat airline sector

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $82.4 billion in June.
Source: ctv business
Statistics Canada reports wholesale sales down 0.6% in June

A judge has granted an order appointing a receiver to take control of assets at a gold mine closed after a massive slide of cyanide-contaminated ore in June, Yukon’s justice minister said.
Source: ctv business
Court appoints receiver at Yukon mine after cyanide-contaminated ore slide: minister

While the RRSP as a retirement vehicle has obvious benefits, they also come with pitfalls that can affect your long-term financial health. Personal finance contributor Christopher Liew explains how RRSPs work and outlines some of their drawbacks.
Source: ctv business
Are RRSPs worth it? The benefits and pitfalls of the popular retirement savings plan