Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At the G7 summit in in the United Kingdom the member countries committed on Friday to providing one billion doses of COVID-19 vaccines to the world’s poorest countries. However, Oxfam […] Read more
Global Markets: One billion vaccine doses far from being enough says Oxfam
Calls for breaking of pharmaceutical monopolies on vaccines
Global Markets: Keystone XL officially dead
Alberta on hook for C$1.3 billion
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Six months after United States President Joe Biden cancelled the permit for the Keystone XL Pipeline, the Province of Alberta, along with TC Energy, announced on Wednesday that the controversial […] Read more
Global Markets: New partnership seeks to buy Trans Mountain Pipeline
Chinook Pathways to block rival's acquisition
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Pembina Pipeline Corp. and the Western Indigenous Pipeline Group announced on Wednesday that they have formed Chinook Pathways in hopes of purchasing the Trans Mountain Pipeline from the Canadian government. […] Read more
Global Markets: Moving towards re-opening Canada/U.S. border
Cloud trouble for Fastly, Japan's economy contracts
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Frustration over the closure of the Canada/United States border has been growing in both countries, just as the Canadian government explores a multi-phase approached to re-opening it. Prime Minister Justin […] Read more
Global Markets: G7 moving towards global tax agreement
Specifics still need to be worked out
Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Group of Seven (G7) countries are moving towards an agreement on taxing multinational companies that would include a global minimum corporate tax rate. “Multinational companies need to pay their […] Read more
Global Markets: Mixed U.S./Canadian jobs data
By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States unemployment rate fell to 5.8 per cent in May, from 6.1 per cent the previous month, as the country added 559,000 jobs, according to a report from the U.S. Labor […] Read more
Global Markets: Israeli coalition faces vote to oust Netanyahu
By MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The coalition to unseat Israeli Prime Minister Benjamin Netanyahu still needs to pass a confidence vote in the country’s parliament, the Knesset, but is facing some delays as the incumbent’s party still has […] Read more
Global Markets: JBS to resume operations after cyber attack
By MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – JBS, the world’s largest meat packing company, should be back in operation on Wednesday after a ransomware attack on the company forced it to shut down operations earlier in the week at many […] Read more
Global Markets: European inflation beats expectations
By MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in the Euro zone climbed to 2.0 per cent in May, from 1.6 per cent the previous month, according to data from Eurostat. The rate of inflation came in above market expectations, […] Read more
Global Markets: China eases child policy
By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China is easing its policy on childbirth, announcing Monday that married couples will now be able to have up to three children. The ‘one-child policy’ allowing only one child for most couples that […] Read more