WINNIPEG, Jan. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian Federation of Independent Business released the results of a survey on Jan. 21, revealing as many as 181,000 businesses are considering closing their doors due to lockdowns and financial hardships brought on by […] Read more
200,000 businesses could shutter
Bank of Canada holds interest rate
WINNIPEG, Jan. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After releasing its Monetary Policy Report on Jan. 20, the Bank of Canada announced it was not changing its key interest rate, which will remain at 0.25 per cent. Despite the central bank predicting Canada’s […] Read more
Global Markets: Biden to be sworn in as U.S. president
By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) ¬– The following is a glance at the news moving markets in Canada and globally. – Today at noon Eastern, U.S. President-Elect Joe Biden will be sworn in as the 46th President of The United States. Kamala Harris will be sworn in as Vice-President, becoming the first woman and […] Read more
Global Markets: Canada’s economy off to slow start
Expectations of 0.7 per cent growth in first quarter
By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A Reuters poll of more than 40 economists expects Canada’s economy to remain mostly stagnant for the first quarter of 2021 before returning to “pre-COVID” levels sometime later in the 2021 fiscal year. […] Read more
Global Markets: Biden could cancel Keystone-XL Pipeline come Wednesday
Pipeline nixed by Obama, approved by Trump
By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Documents surfaced over the weekend that Joe Biden could nix the Keystone-XL Pipeline on Wednesday, shortly after he has been sworn-in as the next President of the United States. The controversial pipeline was […] Read more
Global Markets: Canada could see sharp rise in COVID-19 cases
Cases could jump to 30,000 per day
By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Public Health Agency of Canada (PHAC) stated on Friday that the number of COVID-19 cases could jump to 30,000 people per day. That’s based on new modelling in which people increase their […] Read more
Global Markets: Yemen facing widespread famine
U.S. warned terrorist designation a mistake
By MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United Nations warned the United States on Thursday that the latter’s move to designate Houthi rebels in Yemen’s ongoing civil war as a terrorist group could lead to widespread famine in the […] Read more
Global Markets: Debate on impeachment underway
Democrats have support from some Republicans
By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Debate in the United States House of Representatives on the articles of impeachment began on Wednesday. It marks the second time President Donald Trump has faced impeachment. Despite Trump leaving office on Jan. […] Read more
Global Markets: Trudeau to shuffle federal cabinet
Manitoba's Carr to return to federal cabinet
By MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau will shuffle his cabinet on Tuesday as his Liberal government positions itself ahead of a likely spring election. Manitoba MP Jim Carr, who had been battling cancer, is […] Read more
Global Markets: Trump facing impeachment a second time
By MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump was on the verge of being impeached for a second time as Democrats will introduce the articles of impeachment in the House of Representatives on Monday. It’s been […] Read more