Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Saskatchewan Premier Scott Moe said in a press conference on Tuesday that he is considering a trade mission to China, through the province’s trade office in Shanghai, to aid the canola industry. China will place a 75.8 […] Read more
Global Markets: Moe considers options to support canola growers
Global Markets: China imposes new duty on Canadian canola
Reading Time: < 1 minute Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – China announced on Tuesday it will impose a 75.8 per cent preliminary anti-dumping duty on Canadian canola imports beginning on Thursday. China sources nearly all of its canola/rapeseed imports from Canada, with 4.6 million tonnes of the oilseed […] Read more
Global Markets: Wildfires blaze in Newfoundland and Labrador
Reading Time: 2 minutes The following is a glance at the news moving markets in Canada and globally. – Four wildfires are continuing to burn out of control in Newfoundland and Labrador and hot and dry weather conditions are not helping matters. The largest wildfire in the province is the Kingston fire near Conception Bay North, which has spread […] Read more
Global Markets: Canadian unemployment rate steady
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate held steady at 6.9 per cent in July, reported Statistics Canada. However, employment dipped by 0.2 points at 60.7 per cent, with 41,000 fewer jobs reported. Indian Prime Minister Narendra Modi spoke with […] Read more
Global Markets: Trump and Putin to meet
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump and Russian President Vladimir Putin may meet as early as next week, as Trump continues to push for an end to Russia’s three-year war in Ukraine. The possibility of a meeting […] Read more
Global Markets: U.S. envoy meets with Putin
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Russian President Vladimir Putin reportedly met with United States’ special envoy Steve Witkoff in Moscow on Wednesday, as a Friday deadline imposed by President Donald Trump for Russia to reach a peace deal with Ukraine neared. Details […] Read more
Global Markets: Canadian trade deficit widens
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s merchandise trade deficit with the rest of the world widened to C$5.9 billion in June from C$5.5 billion the previous month, as imports increased by 1.4 per cent and exports were up 0.9 per cent, reported […] Read more
Global Markets: U.S. ups tariffs on Canada
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump signed an executive order on Thursday raising the tariff on Canadian goods to 35 per cent, from 25 per cent. Most Canadian exports fall under the Canada-U.S.-Mexico Agreement (CUSMA) and can still […] Read more
Global Markets: Canadian GDP slips in May
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s gross domestic product was down 0.1 per cent in May compared to the previous month, marking the second monthly decline in a row, reported Statistics Canada. Advanced readings for June point to a 0.1 per cent […] Read more
Global Markets: Tsunami warnings downgraded
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Tsunami warnings triggered by a Russian earthquake were being downgraded Wednesday morning. The 8.8 magnitude quake in the Pacific Ocean near eastern Russia’s Kamchatka region sent tsunami waves towards Russia, Japan, Hawaii, and the West Coast of […] Read more