WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford said Monday morning that his government would rescind legislation to make an education workers’ strike illegal if their union would stop their mass walkout. Ontario Education Minister Stephen Lecce introduced Bill 28, or the […] Read more
Global Markets: Ford offers to rescind legislation
Global Markets: Fall statement includes spending measures, cutting deficit
Feds introduce two per cent tax on stock buybacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland gave the federal government’s fall economic statement on Thursday, citing a number of measures to be taken. This included a two per cent tax […] Read more
Global Markets: Fall economic update today
Finance Minister to speak at 3 pm CDT
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland, who also doubles as Deputy Prime Minister, will make the federal government’s fall economic statement on Thursday. Freeland is expected to lay out the […] Read more
Global Markets: Russia comes back into export deal
Putin demands safe corridors not be used for attacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia announced on Wednesday that it will re-enter the Black Sea export agreement that allows Ukraine to ship grain from its war-torn ports. Russia pulled out of the agreement during […] Read more
Global Markets: Biden threatens windfall tax for big oil
Record profits said to amount to US$300 billion
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden suggested on Monday that large oil companies could face a windfall tax if they fail to invest their profits to reduce fuel costs for consumers. […] Read more
Global Markets: Russia makes allegations, pulls out of export deal
Resumes missile strikes on power infrastructure
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia went on the accusation offensive on Sunday as the country pulled out of the agreement that allows Ukraine to export grain out of its Black Sea ports. Russian leveled […] Read more
Global Markets: Musk’s Twitter purchase finalized
By MarketsFarm WINNIPEG, Oct. 28 – The following is a glance at the news moving markets in Canada and globally. – Elon Musk’s US$44 billion acquisition of Twitter was finalized Thursday after months of legal drama that had seen the billionaire look at backing out of the deal at one point. The company’s CEO and […] Read more
Global Markets: Europe raises interest rates
By MarketsFarm WINNIPEG, Oct. 27 – The following is a glance at the news moving markets in Canada and globally. – The European Union raised its key interest rates by 0.75 percentage points on Thursday in an effort to curb inflation. “Inflation remains far too high and will stay above our target for an extended […] Read more
Global Markets: Canada to invest in nuclear energy
By MarketsFarm WINNIPEG, Oct. 26 – The following is a glance at the news moving markets in Canada and globally. – The Canadian government will invest C$970 million in new nuclear technology to help reduce the country’s emissions. The grid-scale modular reactor (SMR) project is being developed by Ontario Power Generation and would mark the […] Read more
Global Markets: Rishi Sunak sworn in as new UK PM
By MarketsFarm WINNIPEG, Oct. 25 – The following is a glance at the news moving markets in Canada and globally. – Rishi Sunak was officially sworn in by King Charles as the United Kingdom’s new Prime Minister on Tuesday. Promising to deal with Britain’s economic crisis in an address to the nation, Sunak will now […] Read more