Global markets

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – For the first time in 11 years on Thursday, the European Central Bank (ECB) raised its interest rates – more than what most economists predicted. Faced with inflation in Europe […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In Statistics Canada’s inflation report released on Wednesday, the consumer price index hit 8.1 per cent in June, marking the highest level of inflation since January 1983. Projections ahead of […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In a discussion paper released on Monday, Canadian Environment Minister Steven Guilbeault proposed two options for reducing carbon emissions from the oil and gas sector. Guilbeault offered an industry-specific cap-and-trade […] Read more

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ahead of Wednesday’s Statistics Canada report on inflation, economists on Monday predicted prices will push higher in June. In the federal agency’s last report, inflation in Canada hit 7.7 per […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Health Canada announced on Thursday it has approved the Moderna COVID-19 vaccine for use on children between the ages of six months and five-years-old. The dosage for children in that age group will be one-quarter the amount given […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) took a more hawkish stance than expected when it rose its key interest rate by a full point to 2.5 per cent on Wednesday. The hike exceeded the 0.75 of a point many […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) is widely expected to raise its key interest rate by 0.75 of a point to 2.25 per cent on Wednesday in another attempt to curtail inflation. A rate hike of that size has […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Via Rail Canada and 2,400 of its employees have reached a tentative deal on a new collective bargaining agreement on Monday just ahead of a midnight deadline. The national passenger rail provider and members of Unifor Council 4000 […] Read more

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The office of Canada’s Industry Minister Francois-Philippe Champagne announced on Sunday he will convene a meeting with the heads of the country’s major telecommunications firms to discuss the reliability of networks across Canada. On Friday, Rogers Communications’ nationwide […] Read more

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Former Japanese Prime Minister Shinzo Abe was shot and killed on Friday during a campaign event in the western part of the country. While delivering a speech for a Liberal Democratic Party (Jiyū-Minshutō) candidate, Abe collapsed mere minutes […] Read more