Global Markets: Britain clears hurdle to begin Brexit

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Britain has reached a deal with the European Commission that will enable Brexit talks to proceed. British Prime Minister Theresa May wrapped up urgent negotiations with European commission president […] Read more

Global Markets: General Electric Cuts 12,000 Jobs

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – General Electric is slashing 12,000 jobs in a bid to make itself more nimble and cost-effective. The move is also part of a larger push by the company to […] Read more



Global Markets: BMO takes insurance hit

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – One of Canada’s largest banks took a hit during hurricane season in the U.S. Bank of Montreal recorded smaller profits in the most recent quarter following declines in its […] Read more


Global Markets: Venezuela to create cryptocurrency

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Venezuela is planning to use cryptocurrency to deal with crippling international sanctions. President Nicolas Maduro says his country is making the move to get around the financial sanctions imposed […] Read more

Global Markets: Canada unemployment rate lowest since 2008

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Dec. 1, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. Hiring in Canada unexpectedly surged in November, sending the unemployment rate tumbling to a more than nine-year low, according to data released from Statistics Canada Friday. The unemployment rate dropped […] Read more


Global Markets: Feds back Kinder Morgan pipeline appeal

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 30, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The federal government backed Kinder Morgan Canada Ltd.’s second appeal to the national energy regulator Wednesday over local permits for its planned Trans Mountain oil pipeline expansion, as related public […] Read more

Global Markets: More Canadians working past retirement age

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 29, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The latest census data released from Statistics Canada Wednesday showed more Canadians than ever are choosing to work past the traditional retirement. More than 53 per cent of Canadian men […] Read more


Global Markets: Scotiabank to buy Chilean bank

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 28, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. Scotiabank said Tuesday it has submitted a binding offer to acquire Banco Bilbao Vizcaya Argentaria’s (BBVA) shares in its Chilean banking operation, BBVA Chile. The deal will double Scotiabank’s market […] Read more

Global Markets: Keystone pipeline has had a lot of leaks

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 27, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. TransCanada Corp’s existing Keystone pipeline has leaked substantially more oil, and more often, in the United States than previously indicated. The existing 3,455 kilometre system from Hardisty, Alta. to the […] Read more