Direct Loan Canada Blog

Chevron CEO Michael Wirth concedes his company may look different in 2040, saying oil may not be its primary focus by then.
Source: ctv business
Chevron may not be an oil-first company in 2040, CEO says

A new group is focusing on organizing and mentoring Black contractors and other racialized professionals in Canada’s construction industry to help address unfair hiring practices and racism on the job.
Source: ctv business
‘Everyone has a right to work’: Group aims to address anti-Black racism in Canada’s construction industry

A generational shift has happened, as the share of insolvencies among Canadian debtors 50 and older has increased for the first time in four years, according to a new report.
Source: ctv business
Pattie Lovett-Reid: Older Canadians slammed financially by the pandemic

Bitcoin hit a record-high near US$45,000 on Monday after Elon Musk’s electric carmaker Tesla invested US$1.5 billion in the digital currency.
Source: ctv business
Bitcoin hits record near US,000 after Tesla investment

The technology and metals and mining sectors led a broad-based rally on the Toronto Stock Exchange as Canada’s main stock index posted a triple-digit advance in late-morning trading.
Source: ctv business
Tech and metals, mining lead broad rally on Toronto market, U.S. markets also rise

Uber Eats couriers working in Ontario say they’re earning as little as $3.99 per trip before tips.
Source: ctv business
‘I’m making so little’: Uber Eats couriers say new pay system dropped wages

Cuba announced Saturday that private activity will be authorized in most sectors, a major reform in the communist country where the state and its companies dominate economic activity.
Source: ctv business
Cuba authorizes private activity in majority of sectors

A Vancouver restaurant owner is trying to fight back against the major food delivery apps by starting his own.
Source: ctv business
Vancouver restaurant owner creates food delivery platform with no commission

Canadian banks should have to disclose data related to race, gender, income and neighbourhoods to ensure more equitable access to credit and loans, say organizations representing racialized and Indigenous business owners who want Ottawa to step in.
Source: ctv business
Ottawa should require banks to share race-related data on services: business groups

WestJet Airlines Ltd. will lay off 120 cabin crew members as of March 2, blaming the measure on the lack of flights to Mexico and the Caribbean.
Source: ctv business
WestJet to lay off 120 cabin crew members as of March 2, citing flight suspensions