Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada saw no economic growth in November, Statistics Canada reported on Friday. In October, Canada’s economy dipped 0.3 per cent. StatCan said goods-producing industries slipped 0.3 per cent in November, while services-producing industries […] Read more
Global Markets: Canadian economy flat in November
Global Markets: Oil rising amid Iran uncertainty
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were climbing sharply higher Thursday as United States President Donald Trump renewed threats against Iran over its nuclear program. Trump warned on social media that “the next attack will be far worse!” than those carried […] Read more
Global Markets: BoC holds rates steady
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The Bank of Canada held its key overnight interest rate steady at 2.25 per cent in its latest policy announcement Wednesday morning. Governor Tiff Macklem said uncertainty around the forecast was “heightened” in a prepared statement, pointing to […] Read more
Global Markets: India and Europe reach free trade deal
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. India and the European Union have reached a free trade agreement after nearly 20 years of negotiations. The deal will see free trade on almost all goods traded between India and the 27 members of the EU. A […] Read more
Global Markets: Retail sales improve in November
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. November retail sales were up 1.3 per cent at C$70.4 billion, Statistics Canada reported on Friday. There were gains in eight of the nine subsectors tracked, with food and beverages retailers leading the […] Read more
Global Markets: Trump claims progress on Greenland
Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted on his Truth Social platform on Wednesday that the framework for a future deal on Greenland was agreed to with NATO Secretary General Mark Rutte and Danish […] Read more
Global Markets: Trump says Canada, Carney not grateful
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As United States President Donald Trump spoke at the World Economic Forum at Davos, Switzerland, on Wednesday, he repeated his demand that Greenland be turned over to the U.S. Also, Trump accused Canada […] Read more
Global Markets: Canola exports too focussed on China, U.S. says report
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s canola exports are over-reliant on China and the United States, reports said on Tuesday. The Simpson Centre for Food and Agricultural Policy at the University of Calgary said those two countries account […] Read more
Global Markets: Inflation climbs in December
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Inflation in Canada during December bumped up to an annualized rate of 2.4 per cent, Statistics Canada reported on Monday. That’s a slight increase from 2.2 per cent in November and where analysts […] Read more
Global Markets: Canada, China reach new trade deal
Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canada and China reached a “preliminary but landmark” trade deal on Friday, reducing and eliminating tariffs on Canadian products while allowing Chinese electric vehicles into the Canadian market. China will drop canola seed duties to 15 […] Read more