Direct Loan Canada Blog

Uber Technologies Inc. is asking provincial governments across Canada for regulatory changes that would force the tech giant and other app-based companies to offer gig workers benefits and safety protections.
Source: ctv business
Uber Canada seeks labour model allowing it to provide benefits to drivers, couriers

Sales of Lego sets surged last year as more children stayed home during global pandemic lockdowns – and parents bought the colourful plastic brick toys to keep them entertained through days of isolation.
Source: ctv business
Home-bound children drive surge in Lego sales

Major U.S. indexes were moving higher Wednesday as stability in the bond trading translated into gains for stocks. Investors continue to look toward Washington, where President Joe Biden’s stimulus bill is nearly finalized.
Source: ctv business
Stability in bond market helps lift major U.S. stock indexes

Canopy Growth Corp. says it is laying off 75 staff in North America following a global strategic review.
Source: ctv business
Canopy Growth laying off 75 staff in North America, mostly in Smiths Falls, Ont.

Royal Bank of Canada chief executive David McKay said Tuesday he foresees inflationary pressure building in the economy as it rebounds from the COVID-19 pandemic.
Source: ctv business
RBC CEO sees inflationary pressure building as economy bounces back

HuffPost Canada says in a message on its website that it will no longer be publishing content. It says existing content will be maintained as an online archive, but that certain site features were permanently disabled as of March 12.
Source: ctv business
HuffPost Canada no longer publishing content

BuzzFeed is closing HuffPost Canada’s operations and laying off 23 workers as part of a broad restructuring plan for the company, the U.S. digital media company said Tuesday.
Source: ctv business
BuzzFeed closing Huffington Post Canada’s operations, 23 workers affected

Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailer’s e-commerce strategy and speculation that small investors will pour stimulus check funds into stock markets.
Source: ctv business
GameStop shares soar more than 20 per cent, on track for fifth day of gains

The Organization for Economic Co-operation and Development says Canada could benefit from a faster economic rebound in the United States this year.
Source: ctv business
Canada to benefit from U.S. rebound, says OECD

Vancouver company Herschel Supply Co. is ushering new chief executive Jon Hoerauf, previously of Arc’teryx, freeing up the founders of the backpack brand to focus on product innovation and business expansion.
Source: ctv business
Herschel Supply Co. names former Arc’teryx president Jon Hoerauf chief executive