Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The United States House of Representatives will vote Wednesday on a bill to raise the government’s debt ceiling and help avoid a default that could come within the next week. Republicans control […] Read more
Global Markets: U.S. House to vote on debt ceiling bill
Global Markets: Alberta re-elects UCP
Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Alberta re-elected the United Conservative Party to a second term on Monday, with the Danielle Smith-led party leading in 49 ridings and the opposition-New Democratic Party ahead in 38. Out-of-control wildfires near […] Read more
Global Markets: Erdogan re-elected in Turkey
Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Incumbent Turkish President Recep Tayyip Erdogan was re-elected in a runoff vote held over the weekend, securing 52 per cent of the vote. That compares with 48 per cent for his challenger, […] Read more
Global Markets: U.S. debt ceiling issue lurches towards agreement
Biden, McCarthy seeking two-year deal
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Reports said on Friday that United States President Joe Biden and House Speaker Kevin McCarthy could reach an agreement on the federal government’s debt ceiling as early as this weekend. Although […] Read more
Global Markets: TD, RBC report lower Q2 profits
CIBC says its Q2 profit is up
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Two more of Canada’s major banks reported their second quarter profits were lower than the same time last year. On Thursday, the TD Bank Group said its Q2 profit for 2023 […] Read more
Global Markets: BMO, Scotiabank Q2 profits down
Q2 revenues also lower
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Two major Canadian banks reported on Wednesday their second quarter profits were lower than a year ago. The BMO Financial Group said its Q2 revenue totaled C$8.44 billion, down from last […] Read more
Global Markets: Special rapporteur’s report out today
Looking into foreign interference
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Former governor general David Johnston is scheduled to release his report on foreign interference in Canada at 11 am CDT on Tuesday. Johnston was named as an independent special rapporteur by […] Read more
Global Markets: WestJet, pilots reach agreement
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Hours before the start of the Victoria Day weekend, WestJet and its pilots union came to a deal in principle on Thursday night, averting a strike which was supposed to start early Friday morning. WestJet chief executive officer […] Read more
Global Markets: Alberta wildfires continue to spread
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Wildfires in Alberta could continue well into the summer months, according to the province’s Wildfire Information Unit. As of Wednesday afternoon, 91 forest fires were burning in Alberta with 27 considered out of control, displacing nearly 12,000 […] Read more
Global Markets: Trudeau addresses South Korean government
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau addressed South Korea’s National Assembly on Wednesday where he highlighted the historical ties between the two nations. Trudeau also discussed climate change, economic investment, gender equality, but also mentioned that Canada was determined […] Read more