GFM Network News



Global Markets: GM to close Oshawa plant

By Commodity News Service Canada WINNIPEG, Nov. 26, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. General Motors is expected to announce this morning that it will close all of its operations in Oshawa, Ont. as part of a global restructuring of the company. GM employs […] Read more


Global Markets: Crude oil falls to yearly lows

By Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Crude oil prices were at their lowest levels in more than a year Friday morning, as concerns over oversupply and a soft global economic outlook weighed on values. OPEC […] Read more






Canadian Dollar and Business Outlook

Canadian Dollar and Business Outlook By Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – The Canadian dollar was weaker Wednesday morning, ahead of the federal government’s fall fiscal update. At 8:44 CST Wednesday morning the Canadian dollar was at US$0.7526 or C$1.3283, which compares with Tuesday’s North American close of US$0.7542 or C$1.3259. […] Read more



Canadian Financial Close: Tuesday a downer of a day

By Commodity News Service Canada WINNIPEG, Nov. 19 (CNS Canada) – The Canadian dollar was down at market close Tuesday with the stock market. The loonie closed at US$0.7542 or US$1=C$1.3259, which compares with Monday’s close of US$0.7686 or C$1.3182. The S&P/TSX Composite Index closed at 14,877.00, down 194.01 points. Along with the TSX, the […] Read more

Global Markets: Bitcoin dropping sharply

By Commodity News Service Canada WINNIPEG, Nov. 20 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Bank of England Governor Mark Carney has endorsed the Brexit transition plan put forward by United Kingdom Prime Minister Theresa May. “We welcome the transition arrangements in the withdrawal […] Read more