Canadian Financial Close: Loonie drops with the stock market

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 3 (CNS) – The Canadian dollar closed lower Thursday, dragged down by a slight dip in the stock market. The Canadian dollar settled Thursday at US$0.7775 or C$1.2862, compared to Wednesday’s North American close of US$0.7781 or C$1.2851. Oil prices rose Thursday, boosted by Organization of Petroleum Exporting […] Read more


Global Markets: Canada’s trade deficit widens

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 3, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Plane and train maker Bombardier Inc. has agreed to sell its Toronto aircraft assembly site to a pension fund as part of its efforts to raise extra cash under a […] Read more

Global Markets: Facebook plans dating service

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 2 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Facebook Inc. is planning on adding an optional dating service to its social media network, announced CEO Mark Zuckerberg on Tuesday. Zuckerberg also announced that the company was working […] Read more


Global Markets: U.S. steel and aluminum tariffs postponed

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – U.S. tariffs on steel and aluminum from Canada, the European Union, and Mexico will be postponed until June 1, with permanent exemptions for Argentina, Australia, and Brazil. The tariffs […] Read more

Global Markets: TSX resumes trading after outage

Reading Time: < 1 minute =By Commodity News Service Canada WINNIPEG, April 30, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada’s stock exchange resumed trading Monday, after an abrupt shutdown Friday. The TMX Group Ltd. which operates the Toronto Stock Exchange and smaller Canadian trading platforms, said in a statement […] Read more


Global Markets: Peace to be reached between the Koreas

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 27, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The leaders of North and South Korea embraced on Friday after pledging to work for the “complete denuclearization of the Korean peninsula”, on a day of smiles and handshakes at […] Read more




Global Markets: Global wine output hits 60 year low

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, April 24, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Saskatchewan government has introduced legislation which would allow the province to control its oil and gas exports, similar to a bill recently tabled in Alberta. Once passed, the law […] Read more