Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.
- Canada’s unemployment rate held steady at 6.7 per cent in March, reported Statistics Canada, with the country adding 14,000 jobs.
- Annual inflation in the United States jumped to 3.3 per cent in March from 2.4 per cent the previous month, reported the U.S. Labor Department. Consumer prices rose 0.9 per cent in March from February, marking the largest monthly increase in four years.
- The Artemis II mission around the moon is set to conclude tonight, as the four astronauts expected to splashdown in the Pacific Ocean off the coast of California early this evening. The spacecraft will reach speeds nearing 40,000 kilometres per hour while heating to 3,000 Celsius.
- Prime Minister Mark Carney broke ground on a port expansion project near Montreal on Thursday, marking the first of the Liberal government’s fast-tracked nation-building projects to get underway. The Port of Montréal’s expansion, located in an industrial area on the south shore of the St. Lawrence River, will include integrated rail, road and marine infrastructure, enabling more goods to ship through the St. Lawrence gateway.
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