Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.
- United States President Donald Trump has said he is ordering a naval blockade of all “sanctioned oil tankers” into Venezuela, a week after the U.S. seized an oil tanker off the South American country’s coast. The latest move from Trump, announced via social media, escalated tensions in the region and boosted oil prices on Wednesday. Trump alleges Venezuela is using oil to fund drug trafficking and called the government a terrorist organization.
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Global Markets: Crude oil drops Tuesday
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices…
- Trump is scheduled to give a live speech from the White House Wednesday evening. While there are few details about what he intends to talk about, expectations are for a preview of his agenda for 2026 while also discussing the administrations achievements of the past year. “It has been a great year for our Country, and THE BEST IS YET TO COME!” said Trump in a social media post announcing the speech.
- Canada’s economy saw a net inflow of C$58.2 billion in October, as foreign investors added C$46.6 billion worth of Canadian securities and Canadians reduced their holdings of foreign securities by C$11.6 billion, reported Statistics Canada. That marked the largest net inflow of funds since March 2022.
