WINNIPEG, Feb. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Bank of Canada governor Tiff Macklem, speaking remotely to the Calgary and Edmonton chambers of commerce on Tuesday, said that Canada’s central bank does not plan to raise interest rates until the economy and employment […] Read more
Global Markets: Bank of Canada has no plan to raise interest rates
Global Markets: MPs label Chinese persecution of Uighurs a genocide
WINNIPEG, Feb. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian House of Commons on Monday approved a non-binding resolution to declare China’s treatment of the Uighur Muslim minority a genocide despite the absence of the majority of cabinet. The motion, brought forward by […] Read more
Global Markets: Canada receives vaccines, enacts public health measures
WINNIPEG, Feb. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Public Health Agency of Canada said the country will receive shipments of more than 640,000 total COVID-19 vaccine doses from Pfizer and Moderna this week, the most doses in one week since the start […] Read more
Global Markets: TC Energy ponders steel, equipment sell-off
By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – With the cancellation of the Keystone XL pipeline, TC Energy said on Thursday it’s considering selling the steel and other equipment it acquired for the multi-billion dollar project. United States President Joe Biden […] Read more
Global Markets: Facebook halts its news access in Australia
PM says Facebook being 'arrogant'
By MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Facebook blocked access to local, national and international news in Australia on its social media platform on Thursday. It’s part of Facebook’s response to a proposed law that would require tech giants to […] Read more
Global Markets: Inflation hits one per cent
Gasoline prices spike in January
By MarketsFarm WINNIPEG, Feb. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in Canada reached one per cent during January, according to Statistics Canada on Wednesday. That was slightly better than the 0.9 per cent economists predicted. The overall increase last month was fueled […] Read more
Global Markets: Home sales in Canada have record month
By MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Home sales in January established a new record for the month, according to the Canadian Real Estate Association on Tuesday. The CREA said sales spiked by more than 35 per cent last month […] Read more
Global Markets: Tensions mount between Russia and EU
By MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia is threatening to cut diplomatic ties with Europe if the European Union follows through with its own threat of imposing sanctions on Moscow. The EU is considering sanctions amid calls for the […] Read more
Global Markets: UK COVID-19 variant to ‘sweep the world’
By MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The COVID-19 variant first recorded in England is set to ‘sweep the world’ and become the most dominant strain of the virus, according to scientist Sharon Peacock, director of the COVID-19 Genomics UK […] Read more
Global Markets: Myanmar protests continue
By MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Protests in Myanmar against last week’s military coup continued on Wednesday, with an estimated 100,000 people on the streets of the country’s largest city, Yangon. Local police officers at a number of demonstrations […] Read more