Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, May 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Inflation in the European Union bumped up to seven per cent in April from 6.9 per cent in March, according to Eurostat on Tuesday. The EU’s statistics agency reported the consumer […] Read more
Global Markets: Inflation remains high in EU
ECB expected to make 25 to 50 basis point rate hike
Global Markets: Most federal workers end their strike
But 35,000 CRA workers remain off the job
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, May 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The bulk of federal government workers in Canada reached a tentative deal and ended their 12-day strike on Monday. This came after Prime Minister Justin Trudeau agreed to a 12 per […] Read more
Global Markets: Canada’s economy grows
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 the country’s economy grew by 0.1 per cent in February, while also estimating a rise of 2.5 per cent for the first quarter of 2023. Wholesale and retail trade, as well as […] Read more
Global Markets: Trudeau visits NYC
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau is visiting New York City today for the Global Citizen NOW summit, a two-day meeting of celebrities, activists and lawmakers discussing the most pressing challenges affecting the planet. Trudeau is expected to champion […] Read more
Global Markets: CRA will not extend tax deadline
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian Revenue Agency (CRA) said it will not extend this year’s income tax deadline, currently set at May 1, despite a strike where 39,000 of its workers have walked off the job. CRA staff are part of […] Read more
Global Markets: Biden to run for second term
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden formally announced on Tuesday that he will run for re-election, asking voters to help him “finish the job”. Biden, who turns 81 in November, is already the oldest president in U.S. history and […] Read more
Global Markets: Picket lines could increase disruptions: PSAC head
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Chris Aylward, the national president of the Public Service Alliance of Canada (PSAC), said in an interview with CBC News on Sunday that picket lines of striking workers may move to “strategic locations” to cause greater disruption to […] Read more
Global Markets: Canadian retail sales dip slightly
Reading Time: < 1 minute By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Retail sales in Canada were down by 0.2 per cent in February, to C$66.3 billion, with gas stations and fuel vendors posting the largest decline (5.0 per cent). Core retail sales, which […] Read more
Global Markets: Canadians receiving employment benefits edge up
Reading Time: < 1 minute By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadians receiving regular Employment Insurance edged up by 11,000 in February, hitting 388,000, according to a report from Statistics Canada. The unemployment rate held steady at 5.0 per cent. Meanwhile, data out […] Read more
Global Markets: Federal workers strike
Reading Time: < 1 minute By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. More than 150,000 workers represented by the Public Service Alliance of Canada (PSAC) went on strike Wednesday morning after failing to reach an agreement with the federal government. Numerous federal departments, including the […] Read more