Direct Loan Canada Blog

Two B.C. landlords whose costs have skyrocketed – due to their variable-rate mortgage – have been allowed to impose huge rent hikes on their tenants to offset their financial losses.
Source: ctv business
B.C. landlords allowed to impose massive rent hikes after mortgage payments spike

Rogers Communications says Edward Rogers is becoming the company’s executive chair effective immediately.
Source: ctv business
Edward Rogers becomes executive chair of Rogers Communications

Municipalities in northern Ontario are being asked to support an effort to increase the north’s share of skilled immigration to 3,000 people a year.
Source: ctv business
Call to increase northern Ontario’s share of skilled immigration

A B.C. man who backed out on a deal to buy a house after he realized online photos of it were edited and virtually staged has been ordered to pay a penalty for rescinding the contract.
Source: ctv business
Edited photos, virtual staging should void contract for home purchase, B.C. man argues

WestJet says it will be issuing flight cancellations ‘for the foreseeable future’ after planes were damaged by a Calgary hailstorm last week, upending travel plans for thousands of passengers.
Source: ctv business
WestJet says flight cancellations post-hailstorm to continue for ‘foreseeable future’

Cargojet Inc. Co-CEO Jamie Porteous says rising e-commerce demand will fuel major business gains in the second half of the year after boosting revenues last quarter.
Source: ctv business
Cargojet foresees ‘much stronger’ second half of year as e-commerce sales rise

M&M’s maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly US$30 billion, in an effort to broaden its snacking portfolio and expand globally.
Source: ctv business
Mars, maker of M&M’s and Snickers, to buy Pringles owner for nearly US billion

Ottawa travellers will be able to fly non-stop to London’s Heathrow Airport next spring, the second overseas destination out of Canada’s capital.
Source: ctv business
Air Canada launching non-stop Ottawa-London Heathrow service in March 2025

A number of 7-Eleven stores may be set to close in the long-time Slurpee capital of the world.
Source: ctv business
10 Winnipeg 7-Elevens facing closure due to crime

The death-care industry, like any line of work, has had to learn to adapt to an evolving consumer and environment. But with a funeral home being a unique type of job, it does bring its own set of challenges.
Source: ctv business
Cost of dying: How the death-care industry is changing in Canada