Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Thursday that retail sales decreased 1.1 per cent at C$69.2 billion in May, largely due to a 3.6 per cent decline at motor vehicle and parts dealers, as well as a […] Read more
Global Markets: Retail sales down in May
Global Markets: Carney ‘will not accept a bad deal’
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Mark Carney met with the premiers at a summit in Huntsville, Ont. on Tuesday, telling them the federal government “will not accept a bad deal” with regards to trade negotiations between Canada […] Read more
Global Markets: Carney meets with U.S. senators, premiers
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Mark Carney will brief Canada’s premiers on Tuesday about the federal government’s ongoing trade negotiations with the United States. The premiers are taking part in a three-day summit in Huntsville, Ont. to discuss […] Read more
Global Markets: PM, premiers to meet for summit
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s premiers and Indigenous leaders will meet in Muskoka, Ont. to discuss trade, tariffs and other topics in a three-day summit starting on Monday. Prime Minister Mark Carney will join them on Tuesday to provide […] Read more
Global Markets: Chevron secures major win
Exxon challenged Chevron's access to major oil reserve
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Chevron’s US$53 billion takeover of Hess will proceed; the International Chamber of Commerce ruled on Thursday. Exxon Mobil challenged Chevron’s move to gain access to the oil reserves in the […] Read more
Global Markets: Carney imposes tariffs to protect Canadian steel industry
Attempting to stymie imports of cheap foreign steel
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Mark Carney announced on Wednesday that 50 per cent tariffs will be slapped on imports of cheap foreign steel in order to bolster domestic production. Carney said […] Read more
Global Markets: Carney warns some tariffs might remain
Canada-U.S. trade talks proceeding to Aug. 1 deadline
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As trade talks between Canada and the United States press on to their extended deadline of Aug. 1, Prime Minister Mark Carney warned a deal would likely include some tariffs. […] Read more
Global Markets: Inflation nudges up in Canada, the U.S.
Increases to 1.9 per cent in Canada, 2.7 per cent in the U.S.
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Economic inflation in Canada increased in June to an annualized rate of 1.9 per cent, Statistics Canada reported on Tuesday. The increase from May’s consumer price index of 1.7 per […] Read more
Global Markets: Trump targets EU, Mexico
Threatens to slap on 30 per cent tariffs
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Mexico and the European Union are the latest tariff targets for United States President Donald Trump. On Saturday, Trump announced he will impose 30 per cent tariffs on the two […] Read more
Global Markets: Trump threatens Canada with tariff hike
Exemptions for U.S. imports covered by CUSMA, as well as energy, fertilizer
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada is now facing a 35 per cent tariff on its exports to the United States, effective Aug. 1. President Donald Trump made the announcement on Thursday, with the additional […] Read more
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