By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau dispatched Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly to Florida on Friday to meet with top aides for United States President-elect Donald Trump. […] Read more
Global Markets: LeBlanc, Joly meeting with Trump officials
To discuss tariff threat made by Trump
Global Markets: Canada’s economy grows in October
The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported that the economy grew by 0.3 per cent in October, a slight increase from 0.2 per cent in September. Mining, quarrying and oil and gas extraction helped drive the increase, rising by 2.4 per cent, while goods […] Read more
Global Markets: U.S. on brink of government shutdown
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. The United States moved closer to a partial government shutdown on Friday as lawmakers remain at odds over legislation that would fund operations and suspend the debt ceiling. Calls from billionaire Elon Musk and President-elect […] Read more
Global Markets: Trump shoots down spending bill
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. A bipartisan deal to avert a government shut down in the United States was effectively stopped by President-elect Donald Trump, as he said any Republicans in Congress who voted on the bill would face primary […] Read more
Global Markets: Russia detains bombing suspect
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Russia has detained a suspect in the bombing of that killed a senior general in Moscow on Tuesday. The suspect was not named but was described as an Uzbek citizen recruited by Ukrainian intelligence officials. […] Read more
Global Markets: Canadian inflation rate dips
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s annual rate of inflation dipped to 1.9 per cent in November from 2.0 per cent the previous month, Statistics Canada reported. The slight slowdown in prices surprised market participants, with pre-report expectations calling for […] Read more
Global Markets: Freeland resigns from Cabinet
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canadian Finance Minister Chrystia Freeland announced her resignation from Prime Minister Justin Trudeau’s Cabinet Monday morning, hours before she was set to deliver the fall economic statement. In a letter posted to social media, Freeland […] Read more
Global Markets: GST/HST holiday begins on Saturday
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The two-month GST/HST holiday on some goods put in place by the Canadian government begins on Saturday. For an item to qualify for the discount, it must be paid for in full and delivered during the […] Read more
Global Markets: Ford threatens to cut power to U.S.
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford told reporters at Queen’s Park on Wednesday that if United States President-elect Donald Trump followed through on imposing tariffs on Canadian imports, the province will cut off energy to the U.S. […] Read more
Global Markets: BoC makes big move
Unemployment data leads to sizeable cut
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Bank of Canada slashed its key interest rates by 50 basis points on Wednesday, lowering its overnight and deposit rates to 3.25 per cent and its bank rate to 3.75 […] Read more