Direct Loan Canada Blog

Empire Company Ltd. has signed a deal to buy a majority stake in specialty grocery store chain Longo’s and its Grocery Gateway e-commerce business for $357 million in a bid to expand its reach in Ontario.
Source: ctv business
Empire buys 51 per cent stake in specialty grocer Longo’s for 7 million

A new report finds that women in the skilled trades earn about half what men do because they’re concentrated in lower-paying fields.
Source: ctv business
Women in skilled trades earn less than men: report

Stocks were mixed in afternoon trading Tuesday after Wall Street hit a new high the day before. Investors continue to closely watch the bond market, with even minute changes in bond yields causing stocks to fluctuate.
Source: ctv business
Wall Street on track to match longest winning streak of 2021

Walmart Canada is closing six stores and spending $500 million to upgrade more than half its remaining locations and improve its online business, the company said Monday.
Source: ctv business
Walmart Canada closing six stores, spending 0M to upgrade others

A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the parent company of the iconic Toys R Us and Babies R Us brands.
Source: ctv business
Brand firm takes controlling stake in Toys R Us parent

A new survey has found rising mental health concerns among Canada’s working women one year into the pandemic, particularly among mothers.
Source: ctv business
Working women report worsening mental health, especially mothers, poll finds

2020 has already been coined one of the most complicated tax filing seasons on record. And things just got a little more complicated after CRA locked out approximately 800,000 Canadians out of their accounts as a precaution, CTV News’ Chief Financial Commentator Pattie Lovett-Reid explains in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: What you need to know if CRA locked your account

The union representing 268 workers at the Coca-Cola Refreshments plant in northeast Calgary confirms the employees are engaged in strike action as of Monday morning in an effort to protect their positions.
Source: ctv business
‘Enough is enough’: Nearly 300 workers walk off the job at Calgary Coca-Cola bottling plant

The European Union said Monday it is starting legal action against the United Kingdom, arguing it does not respect the conditions of the Brexit withdrawal agreement and is violating international law.
Source: ctv business
EU takes legal action vs U.K. over Brexit deal delays

The Canadian Real Estate Association says its outlook suggests home sales will remain strong this year, resulting in a record number of sales, but then start to cool in 2022.
Source: ctv business
CREA expects record home sales this year as market remains strong