Global Markets: Michigan judge sides with Enbridge

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A Michigan state judge declared on Thursday that the dispute between Michigan Governor Gretchen Whitmer and Enbridge Inc.’s Line 5 cross-border oil and gas pipeline should be settled in federal court, siding with the latter. Since December 2020, […] Read more

Global Markets: UN chief visits Ukraine

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Nations Secretary-General Antonio Guterres will meet with Ukrainian President Volodymyr Zelensky and Turkish President Recep Tayyip Erdogan in the Ukrainian city of Lviv on Thursday. They will discuss solutions to the war, address global food supplies and […] 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. – For the first time in a year, Canada’s annual rate of inflation dropped from the month before. Statistics Canada reported on Tuesday that the rate declined 0.5 percentage points to 7.6 per cent in July. Gasoline prices were […] Read more

Global Markets: Canadian manufacturing sales drop

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Monday that manufacturing sales dropped 0.8 per cent to C$71.8 billion in June, compared to a 1.1 per cent decline in May. Sales in the petroleum and coal industry fell 7.8 per cent in […] Read more


Global Markets: Satellite images show destroyed Russian base

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 11 – The following is a glance at the news moving markets in Canada and globally. – Satellite images of a Russian air base in Crimea show extensive damage, suggesting Ukraine may have increased its long-range missile capacity and potentially changing the course of the war, according to reports. Russia has […] Read more

Global Markets: U.S. inflation rate easing

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 10 – The following is a glance at the news moving markets in Canada and globally. – Consumer prices in the United States held steady in July after moving up 1.3 per cent on a monthly basis in June as a 20 per cent drop in gasoline costs helped slow the […] Read more



Global Markets: U.S. Senate narrowly passes bill to combat inflation

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 8 – The following is a glance at the news moving markets in Canada and globally. – The United States Senate passed a wide-ranging bill on Sunday covering climate change, health care and corporate taxes. The Inflation Reduction Act now moves to the Democrat-controlled House of Representatives after the narrow 51-50 […] Read more



Global Markets: BoE hikes interest rate

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Aug. 4 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by half a percentage point on Thursday, taking the country’s Bank Rate to its highest level since 2008 at 1.75 per cent. The hike was […] Read more