Global Markets: Canada gains international support for detainees

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 24 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Foreign Affairs Chrystia Freeland continues to build international support for two Canadians detained in China. Former diplomat Michael Kovrig and entrepreneur Michael Spavor were detained by […] Read more

Canadian Financial Close: The week ends amid gloom on stock markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 21 (CNS Canada) – The Canadian dollar was down at market close Friday with gloom ruling the major North American stock markets. The dollar closed at US$0.7371 or US$1=C$1.3566, which compares with Thursday’s close of US$0.7410 or C$1.3495. The S&P/TSX Composite Index closed Friday at 13,935.44 down by […] Read more


Global Markets: Canada’s GDP grows in October: Stats Can

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s gross domestic product grew by 0.3 per cent overall in October, according to Statistics Canada in a report released Friday. The report stated factory production increased by 0.7 […] Read more

Global Markets: Canadian not detained in retaliation of Hauwei CFO’s arrest says Trudeau

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 20 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau stated Thursday the arrest of Canadian teacher Sarah McIvor in China is not in retaliation of the arrest of Huawei Chief Financial Officer Meng […] Read more


Global Markets: China detains third Canadian

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Global Affairs Canada reported Wednesday that a third Canadian has been detained in China. Global Affairs didn’t reveal the person’s identity, but stated the Canadian is neither a diplomat […] Read more

Global Markets: Federal aid on its way to Alberta

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – In light of protests in Alberta over the Government of Canada having done little to help the province’s troubled oil and gas industry, today the feds will announce a […] Read more


Global Markets: Ambassador meets with detained Canadian

Reading Time: < 1 minute By Commodity News Services Canada WINNIPEG, Dec. 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Ambassador to China John McCallum met with Michael Spavor, one of two Canadians detained by China following the arrest of Huawei Chief Financial Officer Meng Wanzhou. Global Affairs […] Read more

Canadian Financial Close: TSX pulls loonie down

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 14 (CNS) – The Canadian dollar was weaker at market close, weighed on by a drop in the stock market. The Canadian dollar settled Friday at US$0.7474 or C$1.3379, compared to Thursday’s North American close of US$0.7486 or C$1.3359. Oil prices fell Friday, weighed down by falling United […] Read more


Global Markets: Canada Goose delays China store opening

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 14, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada Goose has decided to delay the opening of its flagship store in Beijing, as escalating tensions between China and Canada continue. The company announced on its Weibo account that […] Read more

Global Markets: Apple expanding U.S. manufacturing

Reading Time: < 1 minute The following is a glance at the news moving markets in Canada and globally. There is concern from exporters in Canada that business could be affected by the ongoing Huawei drama. Professionals in the agriculture, lumber, banking and luxury goods industries are concerned their business dealings with China could fall victim in retaliation. China imported […] Read more