Direct Loan Canada Blog

Lower tips, worse ratings and a higher likelihood of harassment are all part of the job for women and Black, Indigenous or people of colour working in the gig economy — a growing industry centred around flexible but precarious work and popularized by companies including Uber, Lyft, SkipTheDishes, Fiverr, Airbnb and TaskRabbit.
Source: ctv business
Lower tips, poor ratings: Gig economy workers face racism and sexism on the job

An iPhone factory in India run by a Taiwanese manufacturer was vandalized over the weekend after workers there claimed they were not being paid their wages, prompting Apple to launch an investigation.
Source: ctv business
India iPhone factory vandalized after workers claim they weren’t paid by Apple supplier

Strength in the metals and mining sector helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets also rose.
Source: ctv business
Metals and mining sector helps lift Toronto market, U.S. stock markets climb higher

Home prices are expected to climb higher next year as unmet demand in the second half of 2020 carries over into 2021, a report by Royal LePage says.
Source: ctv business
Home prices to continue to climb in 2021 as unmet demand carries over: Royal LePage

In an email to employees, CEO Sundar Pichai said the company will test the idea of a flexible workweek where employees would work at least three days a week in the office for collaboration and at home for the rest of the time. The news was first reported by The New York Times.
Source: ctv business
Google delays a return to the office until September

An independent monitor will help root out corruption in the United Auto Workers union’ and members will decide if they will vote directly on the union’s leadership under a reform agreement with the U.S. Attorney’s office.
Source: ctv business
UAW agrees to monitor, election change to avoid fed takeover

A series of technological and administrative gaps caused a high-profile data breach at Desjardins — the largest to date in the Canadian financial services sector, the federal privacy watchdog has found.
Source: ctv business
Series of gaps allowed massive Desjardins data breach, privacy watchdog says

Reflecting back on 2020, clearly one of the big winners has been the real estate market. You have not missed the opportunity if you plan on buying and holding on to a home for a reasonable period of time, CTV News’ Chief Financial Commentator Pattie Lovett-Reid writes.
Source: ctv business
Pattie Lovett-Reid: You have not missed your opportunity to enter the real estate market

China’s market regulator on Monday said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions.
Source: ctv business
China’s Alibaba, Tencent unit fined under anti-monopoly law

European Union chief negotiator Michel Barnier said Monday he still firmly believes that a post-Brexit trade agreement is possible, and whittled down the major outstanding disputes to be settled ahead of the New Year to just two.
Source: ctv business
EU chief negotiator still sees hope to clinch EU-U.K. deal