Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported today that Canada’s gross domestic product grew by 0.4 per cent in May, leaving the possibility open for another key interest rate hike by the Bank of Canada (BoC). The main drivers for the […] Read more
Global Markets: Canada’s economy grows by 0.4 per cent
Global Markets: Two more rate hikes for U.S.: Powell
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States Federal Reserve chair Jerome Powell said to the Federal Open Market Committee on Wednesday that two more interest rate increases will likely be needed later this year in an effort to bring inflation down to a […] Read more
Global Markets: Postmedia, Nordstar to discuss merger
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Postmedia Network Canada Corp., which owns the Sun newspaper chain and The National Post, confirmed on Tuesday it is in merger talks with Nordstar Capital LP, which owns The Toronto Star. The two newspaper chains said the merger […] Read more
Global Markets: Canada’s inflation rate drops
Reading Time: < 1 minute 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 fell by one full percentage point to 3.4 per cent in May, the lowest it had been since June 2021. Forecasters and the Bank of Canada (BoC) expected […] Read more
Global Markets: Shoigu appears after attempted takeover
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian Defence Minister Sergei Shoigu made his first public appearance on Monday, inspecting troops in Ukraine, since the mercenary Wagner Group tried to overthrow him and Russian military chief Gen. Valery Gerasimov on Friday. Wagner Group leader Yevgeny […] Read more
Global Markets: Modi visit to U.S. wraps up
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Indian Prime Minister Narendra Modi will conclude his visit to the United States on Friday, meeting with government officials and business leaders in Washington. Modi spoke with U.S. President Joe Biden for […] Read more
Global Markets: China/U.S. tensions ramp up again
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Comments from United States President Joe Biden referring to Chinese President Xi Jinping as a ‘dictator’ heighted tensions between the two countries once again, mere days after U.S. Secretary of State Antony […] Read more
Global Markets: Status quo after federal byelection
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Federal byelections held in four ridings kept to the status quo, with two Liberals and two Conservatives headed to Parliament Hill. The governing Liberals held onto their two seats while the opposition […] Read more
Global Markets: Blinken meets with Chinese President Xi
Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States Secretary of State Antony Blinken met with Chinese President Xi Jinping on Monday, marking the first American secretary of state to meet with the Chinese leader in five years. While […] Read more
Global Markets: 40 million Canadians
Annual population growth at 2.7 per cent
Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that the country’s population reached 40 million. The federal agency said Canada experienced record population growth in 2022 of about 1.05 million people, which marking the […] Read more