Reading Time: < 1 minute WINNIPEG, July 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that the country’s economy grew by 0.3 per cent in May, a pinch lower than the 0.4 per cent increase initially projected. The 2.1 per cent drop in the energy […] Read more
Global Markets: Economy grew somewhat in May
Declines in energy, residential construction sectors
Global Markets: U.S. Fed, ECB raise interest rates
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve raised its key interest rates by 25 basis points to a range of 5.25 to 5.5 per cent on Wednesday, the highest level since 2001. It was the 11th time in 17 months […] Read more
Global Markets: Major cabinet shuffle in works
Most ministers leaving due to their retirements
Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau is set to shake-up his cabinet on Wednesday, with several key ministers on their way out – most due to their pending retirements from federal politics. […] Read more
Global Markets: Israelis take to the street
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Thousands of protesters took to the streets and confronted police in Israel on Monday after the right-wing government led by Prime Minister Benjamin Netanyahu passed a controversial law prohibiting the Supreme Court from reviewing some government decisions. Opposition […] Read more
Global Markets: Trudeau to shuffle cabinet
Mendicino said to be moving out of Public Safety
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau asked on Monday for cabinet ministers to return to Ottawa by Tuesday. Reports said that besides a series of meetings, Trudeau will shuffle his cabinet on […] Read more
Global Markets: Deal reached in B.C. port strike again
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The International Longshore and Warehouse Union (ILWU) Canada announced on Thursday it has reached a deal with the British Columbia Maritime Employers Association (BCMEA) for the second time in a week. The union’s contract caucus will vote on […] Read more
Global Markets: B.C. port workers give, revoke strike notice
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Just hours after giving a 72-hour strike notice to the British Columbia Maritime Employers Association (BCMEA), International Longshore and Warehouse Union (ILWU) Canada revoked that same notice on Wednesday night, allaying fears of another strike. More than 7,400 […] Read more
Global Markets: B.C. port workers back on strike
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Thousands of workers at B.C. ports are going back to the picket line on Wednesday after failing to ratify a tentative deal reached through federal mediation. More than 7,400 members from the International Longshore and Warehouse Union (ILWU) […] Read more
Global Markets: Canada’s inflation rate falls to 2.8 per cent
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday that Canada’s inflation rate dropped to 2.8 per cent in June, the lowest level in more than two years and lower than the 3.4 per cent rate in May. Gasoline prices fell […] Read more
Global Markets: Russia withdraws from Black Sea Grain Initiative
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russia has let a deal allowing Ukraine to export its grain through the Black Sea lapse on Monday, causing a blow to food security in places such as Africa, Asia and the Middle East. The Black Sea Grain […] Read more