WINNIPEG, March 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Ever Given container ship, which ran aground in the Suez Canal on March 24 blocking the shipping route, was partially refloated on Monday but is still days away from moving once again. The Suez […] Read more
Global Markets: Ever Given partially on the water
Global Markets: Efforts ramp up to clear Suez Canal blockage
WINNIPEG, March 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Three days after the container ship Ever Given ran aground, blocking the Suez Canal, attempts are still ongoing to move the vessel and clear the blockage. The Suez Canal Authority said it has begun dredging […] Read more
Global Markets: Supreme Court to rule on carbon tax
WINNIPEG, March 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Supreme Court of Canada will make its decision later today on whether the federal government’s pricing on carbon is constitutional or not. The question to be answered is whether the federal government had the […] Read more
Global Markets: Feds table first budget in two years
WINNIPEG, March 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian federal government announced on Tuesday it will table its first budget since 2019 in the House of Commons on April 19. In the government’s fall economic statement last November, it projected a deficit […] Read more
Global Markets: Powell, Yellen to testify to U.S. Congress
WINNIPEG, March 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Stock index futures in the United States declined in early trading on Tuesday as investors await testimony by both Federal Reserve chair Jerome Powell and Treasury secretary Janet Yellen in congressional hearings later today. Investors […] Read more
Global Markets: CP buys Kansas City Southern for US$25 billion
WINNIPEG, March 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Pacific Railway (CP) announced on Sunday it has agreed to purchase Kansas City Southern for US$25 billion in an attempt to create a 32,000-kilometre rail network extending into both the United States and Mexico. […] Read more
Global Markets: Speedy, secret trial for Michael Spavor
Michael Kovrig's trial soon to follow
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After only two hours, the espionage trial for Canadian Michael Spavor came to an end on Friday. Spavor, along with Michael Kovrig were detained by Chinese officials shortly after Canadian […] Read more
Global Markets: B117 cases on the rise in Canada
Almost 4,000 cases of deadlier variant reported
Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Worries are rising in Canada over the B117 variant of COVID-19 with nearly 4,000 cases reported across the country on Wednesday. Ontario leads with 1,134 cases, followed by Alberta with […] Read more
Global Markets: Canada’s inflation increases in February
Higher gasoline prices behind the increase
By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada said on Wednesday that the country’s consumer price index was up in February largely due to increases in higher gasoline prices. The annual pace of inflation last month gained 1.1 per […] Read more
Global Markets: Vast majority of Canadians have low opinion of China
Angus Reid Institute releases poll
By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – An opinion poll released on Tuesday by the Angus Reid Institute found that Canadians’ views towards China are at an all-time low. Seventy-five per cent of the poll’s respondents agreed that Canada-China relations […] Read more