WINNIPEG, Dec. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
The first of many COVID-19 vaccines arrived in Montreal on Sunday night. Some healthcare workers across the country will receive their first dose as early as this week, depending on their eligibility. Canada will receive up to 249,000 doses this month, and the United States is expected to receive a first shipment of about 3 million doses.
Brent crude values were over US$50 per barrel after a tanker exploded near a Saudi Arabian port. This explosion comes three weeks after another oil tanker was damaged in a different Saudi Arabian shipping terminal. The attacks have raised concerns regarding the region’s stability.
Witnesses will testify in court today in the case to extradite Huawei Chief Financial Officer Meng Wanzhou to the U.S. Witnesses will appear via video. Meng was arrested in the Vancouver International Airport in December 2018 on a warrant from the U.S. She is charged with bank fraud. Her lawyers argue that U.S. and Canadian authorities used the extended powers of the Canada Border Services Agency to interrogate Meng without a lawyer present ahead of her arrest by the Royal Canadian Mounted Police (RCMP).