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 widely expected by analysts, the Bank of Canada announced on Wednesday a quarter-point cut to its key interest rates with its overnight rate now at 2.5 per cent. The BoC noted weaker […] Read more
Global Markets: BoC cuts key rates
Global Markets: Inflation slightly higher in August
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 nudged up to 1.9 per cent year-over-year in August, Statistics Canada reported on Tuesday. That’s an increase of 0.2 of a point from July’s consumer price index. Gasoline prices dropped […] Read more
Global Markets: StatCan releases good news reports
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Wholesale sales (excluding petroleum, petroleum, products and other hydrocarbons and excluding oilseed and grain) improved 1.2 per cent in July at C$86 billion, Statistics Canada reported on Monday. In another report, StatCan […] Read more
Global Markets: Israeli attack kills 50 in Gaza
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. An Israeli attack on Gaza reportedly killed at least 50 people on Friday, as Qatari’s prime minister was due to meet with officials from the United States. The Canadian government has unveiled a list of five “nation-building” projects […] Read more
Global Markets: U.S. right-wing activist Charlie Kirk assassinated
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Charlie Kirk, a right-wing activist and commentator in the United States, was shot and killed at an event hosted by Utah Valley University on Wednesday. His death was described as a “political assassination” by Utah Governor Spencer Cox, […] Read more
Global Markets: Poland shoots down Russian drones
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Poland’s military reported Wednesday that it had shot down Russian drones conducting an attack on Ukraine that had invaded its airspace. Polish Prime Minister Donald Tusk told parliament the country was in a state of war and invoked […] Read more
Global Markets: French/Nepali prime ministers resign
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. French Prime Minister François Bayrou submitted his resignation after losing a confidence vote in the country’s parliament. Bayrou is the third head of government in France to be ousted in the past 14 months, leaving President Emmanuel […] Read more
Global Markets: Canada’s Farm Product Price Index rises in June
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s Farm Product Price Index was up for the eighth consecutive month in June, rising 3.7 per cent compared to the same month the previous year, according to updated data from Statistics Canada. A 11.3 per cent […] Read more
Global Markets: China extends canola dumping investigation
An opportunity for more Ottawa-Beijing negotiations
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. China’s Ministry of Commerce announced on Friday that it’s extending its investigation into alleged canola dumping by Canada to March 2026. The move allows for an additional six months of […] Read more
Global Markets: Trump appeals tariff ruling
Federal court ruled president exceeded his authority
Reading Time: 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As expected, the Trump administration put in motion on Wednesday its appeal of many of its tariffs to the United States Supreme Court. Last week, the Federal Court of Appeal […] Read more