By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Michael Kovrig and Michael Spavor have been formally indicted with espionage-related charges by Chinese prosecutors on Friday after 18 months of being detained. The two Canadians were arrested in China following the arrest […] Read more
Global Markets: China charges Canadians with spying
China to step up U.S. ag imports
Global Markets: U.S. already threatening legal action under USMCA
Agreement comes into effect July 1
By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Although the United States-Mexico-Canada Agreement (USMCA) doesn’t come into effect until July 1, the U.S. said it’s prepared to pursue legal action against its two partners. In testimony before the House of Representatives […] Read more
Global Markets: Cheap gas leads to minor deflation
Canada vies for Security Council seat
By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that the country’s inflation rate slipped to a minus 0.4 per cent annual pace in May. The decline was largely due to cheaper pump prices for gasoline, as […] Read more
Global Markets: Credit card use drops in March
Lockdown measures said to be reason why
By MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Equifax Canada said on Tuesday that there was a sharp drop in credit card use at the end of March, which led to the first decline in consumer debt balances in more than […] Read more
Global Markets: Fears ramping up of COVID-19 resurging
Meng's defence says CSIS new of arrest
By MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There are growing fears around the world that the COVID-19 pandemic could be resurging. In the United States on Monday more than 20 states cited increases in the number of reported cases caused […] Read more
Global Markets: Protests escalate in Lebanon
By MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Widespread protests in Lebanon have escalated in recent days, as the country’s currency collapses to record lows. The Lebanese pound, which had been valued at 1,500 to one United States dollar for decades […] Read more
Global Markets: NASCAR bans Confederate flag
By MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A Turkish court has sentenced a United States consulate employee to more than eight years in jail for aiding a terrorist organization. Metin Topuz, a translator and fixer for the U.S. Drug Enforcement […] Read more
Global Markets: Canada/U.S. border restrictions to stay longer
By MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Border restrictions to non-essential travel between Canada and the United States will be extended past the current June 21 date and into late July, according to reports citing unnamed sources. The border was […] Read more
Global Markets: U.S. Democrats to propose police reforms
By MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Congressional Democrats in the United States are set to unveil legislation on Monday to reform police services in the country. Bans on police chokeholds and racial profiling, along with other limitations and oversight […] Read more
Global Markets: Canadian economy adds nearly 240,000 jobs
By MarketsFarm WINNIPEG, June 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy added 239,600 jobs in May, which beat out expectations for the month. The unemployment rate rose to 13.7 per cent, according to Statistics Canada. Economists predicted 500,000 jobs would be lost, […] Read more