Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.
- Diplomatic tensions between Canada and India intensified Monday, with each country expelling six of the other country’s diplomats. Canada linked the six Indian diplomats expelled to the assassination of Sikh leader Hardeep Singh Nijjar in Canada last year.
- Canada’s consumer price index was up by 1.6 per cent on annual basis in September, which compares with 2.0 per cent growth the previous month. That marked the smallest year-on-year rate of inflation since February 2021.
- North Korea blew up several sections of roads and rail lines that once linked the country to South Korea on Tuesday. The demolition prompted South Korea to fire warning shots, with South Korean officials describing the North’s actions as “regressive” measures that violate previous agreements.
