Global Markets: Inflation in Canada stays at 18-year high

Up 0.2 per cent in November, holding at 4.7 per cent

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that inflation in November bumped up 0.2 per cent, holding at 4.7 per cent, the highest since 2003. Reports said extensive delays in the global […] Read more

Global Markets: Fiscal update likely to curb Liberal promises

Freeland to announce spending measures today

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland will present the federal government’s fiscal update today in the House of Commons. This comes a day after Freeland and Bank of Canada Governor […] Read more


Global Markets: Bank of Canada to get new marching orders

Highest inflation in 18 years

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland and Bank of Canada (BoC) Governor Tiff Macklem are scheduled to announce the central bank’s new direction in combating inflation on Monday. Expectations are […] Read more

Global Markets: U.S. inflation highest since 1982

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Bureau of Labor Statistics reported on Friday that the country’s inflation rate reached 6.8 per cent in November, the highest level since 1982 and 0.8 percentage points higher than in October. Higher costs in gasoline, […] Read more


Global Markets: Canadian food prices to increase five to seven per cent in 2022

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – 2022 will see the largest annual increase of food prices on record in Canada, according to the Canada Food Price Guide published by Dalhousie University and the University of Guelph and released on Thursday. Food price inflation, bolstered […] Read more



Global Markets: Biden, Putin set for call over Ukraine

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden and Russian President Vladimir Putin will hold a video conference call on Tuesday, which many expect Biden will attempt to dissuade Putin from a possible invasion of Ukraine. Tens of thousands of Russian […] Read more

Global Markets: Canada’s ambassador to China steps down

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Michael Barton, Canada’s ambassador to China, is stepping down from his post effective Dec. 31, three months after securing the release of Michael Kovrig and Michael Spavor, Canadian citizens who were detained in China for three years. Barton […] Read more