WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) will update its economic outlook later today, including whether or not the central bank decides to taper off its bond-buying program. Analysts expect both of the BoC’s first-quarter and second-quarter projections from last […] Read more
Global Markets: Bank of Canada to make rate announcement
Global Markets: More than half of eligible Canadians fully vaccinated
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Half of all eligible Canadians – those aged 12 or over – are now fully vaccinated against COVID-19, according to CTV News. This number represents 44 per cent of the Canadian population, with more than 26 million Canadians […] Read more
Global Markets: Branson rockets into space
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Richard Branson, the billionaire founder of The Virgin Group of companies, went into space on Sunday. Branson and five crewmates from his Virgin Galactic space-tourism company reached an altitude of 88 kilometres over New Mexico for the adventure […] Read more
Global Markets: Jobs gains jump in June, but with a catch
Stark contrast between full-time, part-time positions
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Jobs gains in Canada during June have far exceeded economists’ predictions with 230,700 net positions versus expectations of 175,000, according to Statistics Canada on Friday. However, all of the jobs […] Read more
Global Markets: S&P lowers B.C.’s credit rating
Province's deficit, debt increasing
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As British Columbia is faced with a soaring debt, on Thursday S&P Global Ratings reduced the Canadian province’s credit rating from AAA to AA+. In April, the provincial government’s budget […] Read more
Global Markets: Haitian president slain, wife wounded
Allegations of U.S. involvement arise
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Jovenel Moise, the President of Haiti, was assassinated in his home at approximately 1 am Wednesday by unidentified gunmen, according to reports. His wife was wounded in the attack. Accusations […] Read more
Global Markets: Toronto house sales point to real estate downturn
Sale numbers drop from a year ago
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At just over 11,100, house sales last month in Toronto fell 28.5 per cent compared to a year ago, with analysts warning the housing market could be headed for a […] Read more
Global Markets: Travel restrictions ease, but with a catch
Applies to only travelers leaving Canada today
Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Beginning today, Canadians and permanent residents who travelled outside of the country no longer have to quarantine for 14 days after returning – provided they are fully vaccinated against COVID-19. […] Read more
Global Markets: Fire destroys B.C. village
By MarketsFarm WINNIPEG, July 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – More than a thousand people were evacuated from Lytton, B.C. on Wednesday as a fire decimated the Fraser Canyon community northeast of Vancouver that made headlines earlier in the week for reporting the […] Read more
Global Markets: New records set in Canadian heat wave
By MarketsFarm WINNIPEG, June 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Records for the hottest temperatures ever recorded in Canada continued to be set, with Lytton, B.C. marking a daytime high of 49.6 Celsius on Tuesday, June 29. The village, located in the Fraser […] Read more