WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada increased by 4.8 per cent last February compared to January, according to a Statistics Canada report released earlier today. In February, sales totalled C$55.1 billion and were fueled by gains reported by motor vehicle […] Read more
Global Markets: Retail sales rise month-to-month
Global Markets: Federal budget passes, government survives
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s federal budget was passed in the House of Commons on Monday night through a confidence vote, avoiding the possibility of an election. The budget, which outlines nearly C$500 billion worth of spending and C$101 billion towards new […] Read more
Global Markets: India records new daily high in COVID-19 cases
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the fifth straight day, the number of new COVID-19 cases in India reached a record-high on Monday with 352,991 newly identified as having the virus. Over that same period, there have been 2,812 new deaths. Yesterday, […] Read more
Global Markets: Canada bans flights from India, Pakistan
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s Minister of Transport Omar Alghabra announced yesterday that passenger flights from India and Pakistan will be banned from entering Canada for 30 days effective immediately. More than 100 international flights over the last two weeks, including 32 […] Read more
Global Markets: Trudeau pledges new GHG emission cuts
WINNIPEG, April 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Prior to a two-day virtual Earth Day climate summit hosted by United States President Joe Biden, Prime Minister Justin Trudeau announced today a new pledge for Canada to reduce greenhouse gas emissions by at least […] Read more
Global Markets: Chauvin found guilty of murder, manslaughter
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Former Minneapolis police officer Derek Chauvin was found guilty of all three charges against him yesterday, in connection with the death of George Floyd. Chauvin was charged with second-degree unintentional murder, third-degree murder and second-degree manslaughter, all of […] Read more
Global Markets: Freeland delivers wide-ranging budget
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s Financial Minister Chrystia Freeland delivered a lengthy, large-spending and wide-ranging budget on Monday, the federal government’s first in two years, calling for more than C$101.1 billion in new spending. Some of the main measures include C$30 billion […] Read more
Global Markets: Federal budget to fund child care, keep deficit down
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s Finance Minister Chrystia Freeland will deliver the federal government’s first budget in two years later today, which will include more than C$2 billion towards a national child care program while keeping the deficit below C$400 billion, according […] Read more
Global Markets: COVID-19 situation in Ontario is ‘dire’
Province hit with daily record of 4,736 new cases
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Faced with the third wave of the COVID-19 pandemic, the Canadian province of Ontario could see tougher lockdown restrictions announced on Friday. The provincial government said on Thursday there was […] Read more
Global Markets: C$18 billion spent on fossil fuel subsidies: Environmental Defence
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A report from Environmental Defence claims Canada’s federal government spent more than C$18 billion on subsidies towards the country’s oil and gas sector last year despite a promise by the government to shift away from fossil fuels. Some […] Read more