Direct Loan Canada Blog

Nearly half of Canadians are opposed to the idea of government subsidies for airlines in the wake of layoffs and route cancellations, according to a new survey from Nanos Research for CTV News.
Source: ctv business
Canadians cool to idea of government subsidies for airlines: Nanos survey

Observers say there’s opportunity for Canada to help supply the world’s growing need for ‘energy transition metals’ used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China.
Source: ctv business
Mining for metals needed for electrification faces obstacles due to low prices

Bitcoin’s rally above US$15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
Source: ctv business
Virtual gold? Bitcoin’s rise sparks new debate amid pandemic

British Prime Minister Boris Johnson and the head of the European Union’s executive arm agreed Saturday to stay in contact as their negotiating teams step up efforts to conclude a post-Brexit trade deal between the U.K. and the European Union before time runs out.
Source: ctv business
U.K. and EU to ‘redouble efforts’ on post-Brexit trade deal

Toyota’s July-September profit fell 11 per cent from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red.
Source: ctv business
Japan’s Toyota sees profit slip, holding up despite pandemic

Japanese automaker Honda reported Friday that its profit rose 23 per cent in the last quarter, despite a pandemic that has slammed businesses around the world.
Source: ctv business
Japan automaker Honda reports profit rise despite pandemic

Despite minuscule travel demand, Canadian airlines continue to schedule tens of thousands of monthly flights, only to cancel the vast majority of them several weeks before departure in a strategy experts call ‘bait and switch.’
Source: ctv business
Airlines’ ‘bait-and-switch’ strategy lures customers to flights that never take off

A Supreme Court of Canada ruling has dealt a blow to Mr. Sub franchisees in their quest for compensation over losses experienced during a Listeria outbreak.
Source: ctv business
Supreme Court sides with Maple Leaf Foods in case sparked by tainted meat recall

A Supreme Court of Canada ruling has dealt a blow to Mr. Sub franchisees in their quest for compensation over losses experienced during a Listeria outbreak.
Source: ctv business
Supreme Court sides with Maple Leaf Foods in case sparked by meat recall

Canadian politicians are speaking out against a dress code policy at international supermarket chain Whole Foods that prohibits employees from wearing Remembrance Day poppies.
Source: ctv business
‘Stop trying to be Woke Foods’: Staff poppy ban at Whole Foods stirs outcry