Foreign investment nearly cut in half

Reading Time: 2 minutes WINNIPEG, Jan. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A report released by the United Nations Conference on Trade and Development (UNCTAD) on Jan. 24 revealed that foreign direct investment (FDI) fell by 42 per cent in 2020 from US$1.5 billion to US$859 million. […] Read more

200,000 businesses could shutter

Reading Time: 2 minutes WINNIPEG, Jan. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian Federation of Independent Business released the results of a survey on Jan. 21, revealing as many as 181,000 businesses are considering closing their doors due to lockdowns and financial hardships brought on by […] Read more


Bank of Canada holds interest rate

Reading Time: 2 minutes WINNIPEG, Jan. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After releasing its Monetary Policy Report on Jan. 20, the Bank of Canada announced it was not changing its key interest rate, which will remain at 0.25 per cent. Despite the central bank predicting Canada’s […] Read more

Global Markets: Biden to be sworn in as U.S. president

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) ¬– The following is a glance at the news moving markets in Canada and globally. – Today at noon Eastern, U.S. President-Elect Joe Biden will be sworn in as the 46th President of The United States. Kamala Harris will be sworn in as Vice-President, becoming the first woman and […] Read more


Global Markets: Canada’s economy off to slow start

Expectations of 0.7 per cent growth in first quarter

Reading Time: 2 minutes By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A Reuters poll of more than 40 economists expects Canada’s economy to remain mostly stagnant for the first quarter of 2021 before returning to “pre-COVID” levels sometime later in the 2021 fiscal year. […] Read more

Global Markets: Biden could cancel Keystone-XL Pipeline come Wednesday

Pipeline nixed by Obama, approved by Trump

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Documents surfaced over the weekend that Joe Biden could nix the Keystone-XL Pipeline on Wednesday, shortly after he has been sworn-in as the next President of the United States. The controversial pipeline was […] Read more


Global Markets: Canada could see sharp rise in COVID-19 cases

Cases could jump to 30,000 per day

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Public Health Agency of Canada (PHAC) stated on Friday that the number of COVID-19 cases could jump to 30,000 people per day. That’s based on new modelling in which people increase their […] Read more

Global Markets: Yemen facing widespread famine

U.S. warned terrorist designation a mistake

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United Nations warned the United States on Thursday that the latter’s move to designate Houthi rebels in Yemen’s ongoing civil war as a terrorist group could lead to widespread famine in the […] Read more


Global Markets: Debate on impeachment underway

Democrats have support from some Republicans

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Debate in the United States House of Representatives on the articles of impeachment began on Wednesday. It marks the second time President Donald Trump has faced impeachment. Despite Trump leaving office on Jan. […] Read more

Global Markets: Trudeau to shuffle federal cabinet

Manitoba's Carr to return to federal cabinet

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau will shuffle his cabinet on Tuesday as his Liberal government positions itself ahead of a likely spring election. Manitoba MP Jim Carr, who had been battling cancer, is […] Read more