Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Most rail traffic in Canada will grind to a halt on Thursday at 12:01 am as the Teamster Canada Rail Conference issued its strike notice on Monday to Canadian Pacific Kansas […] Read more
Global Markets: Rail traffic on CPKC, CN to stop come Thursday
Strike/lockout set to begin at 12:01 that morning
Global Markets: Rail stoppage nearing
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A work stoppage at Canada’s two major railways is growing more likely as negotiations remain at an impasse a week out from the Aug. 22 lockout/strike deadline. Canada’s Federal labour minister Steven […] Read more
Global Markets: Canadian wholesale sales dip
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian wholesale sales dropped by 0.6 per cent in June compared to the previous month, coming in at C$82.4 billion, according to a report from Statistics Canada. Sales were down in five […] Read more
Global Markets: U.S. annual inflation slows
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Annual inflation in the United States dipped to its lowest level in more than three years in July, with the 2.9 per cent year-on-year increase in consumer prices down from 3.0 per […] Read more
Global Markets: Ukraine incursion met with fresh attacks
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ukraine’s recent incursion into Russia was reportedly being met by fresh Russian attacks, with intense battles across the Kursk region. A Ukrainian commander claimed that Ukraine now controlled roughly 1,000 square kilometers of […] Read more
Global Markets: Canadian building permits down in June
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The value of building permits issued in Canada in June came in at C$9.9 billion, which was down by 13.9 per cent from the previous month, according to a report from Statistics […] Read more
Global Markets: Canada loses jobs, unemployment rate unchanged
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that the country lost 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent. Wholesale and real estate lost a total of 44,000 jobs, while public administration, transportation and […] Read more
Global Markets: Debby makes second landfall
Reading Time: < 1 minute The following is a glance at the news moving markets in Canada and globally. – Tropical Storm Debby made a second landfall in South Carolina early Thursday morning and is expected to travel north as well as bring heavy amounts of rain and possible flooding along the United States East Coast. Debby first made landfall […] Read more
Global Markets: Harris picks Walz as running mate
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – United States vice-president and Democratic presidential candidate Kamala Harris decided on Minnesota governor Tim Walz as her running mate on Tuesday, introducing him at a campaign rally in Philadelphia later that night. Harris was expected over […] Read more
Global Markets: Stock markets sink to multi-year lows
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – North American stock markets plunged on Monday for their worst day in two years after a lackluster United States jobs report and fears of a recession. Nasdaq lost 576.08 points or 3.43 per cent of its value, […] Read more