WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada Mortgage and Housing Corp. (CMHC) reported today that the annual pace of housing starts, including apartments, condominiums and multiple-unit housing projects, rose 3.2 per cent in May compared to April. The annual pace of urban starts was […] Read more
Global Markets: Canadian housing starts on the rise
Global Markets: Netanyahu era comes to an end
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Israel’s parliament, the Knesset, approved the new coalition government led by Naftali Bennett on Sunday by a 60-59 vote, effectively ending the 12-year tenure of now-former Prime Minister Benjamin Netanyahu. Bennett, Netanyahu’s former Chief of Staff, will now […] Read more
Global Markets: One billion vaccine doses far from being enough says Oxfam
Calls for breaking of pharmaceutical monopolies on vaccines
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: 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