Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada cut its key interest rate by 25 basis points earlier today at three per cent. It was the sixth consecutive time since last June the central bank decided to cut its […] Read more
Global Markets: Bank of Canada cuts interest rate
Global Markets: Foreign interference report to be released
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Canadian government’s inquiry into foreign interference in the country’s elections will be released by Commissioner Marie-Josee Hogue later today. An initial report released in May stated that while foreign meddling did not determine the governing […] Read more
Global Markets: Northern Gaza residents return home
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Tens of thousands of Palestinians returned to northern Gaza on Monday, in exchange for Hamas releasing three Israeli hostages and the withdrawal of Israeli forces from the Netzarim corridor separating northern Gaza from the rest of […] Read more
Global Markets: Trump at World Economic Forum
Upheaval marks first week in office
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Donald Trump continued the upheaval that has highlighted his first week as the 47th President of the United States. At the World Economic Forum in Davos on Thursday, Trump indicated the […] Read more
Global Markets: Retail sales, unemployment change little
482,000 collecting EI benefits
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Thursday that retail sales of C$67.6 billion in November were little changed from October, with declines in six of the nine subsectors. Food and beverage sales dropped […] Read more
Global Markets: Amazon closing Quebec facilities
More than 1,700 to lose jobs
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Amazon announced on Wednesday it will close seven Quebec facilities in the coming weeks putting more than 1,700 people out of work. Those include locations in Montreal, Coteau-du-Lac, and Laval, citing […] Read more
Global Markets: Trumps says tariffs likely on the way
Canada is prepared counters finance minister
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump stated Monday evening that he could impose 25 per cent tariffs on all goods imported from Canada and Mexico as of Feb. 1. Trump’s comment came […] Read more
Global Markets: Trump becomes President today
May order import tariffs to be studied first
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Donald Trump will be sworn in as the 47th President of the United States on Monday at 11 am CST. Previously the 45th president, Trump’s inauguration will mark the second time […] Read more
Global Markets: Freeland to run for Liberal leadership
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Former Canadian finance minister Chrystia Freeland confirmed in a social media post Friday that she would run to become the next leader of the Liberal Party. A formal campaign launch is set for Sunday, Jan. […] Read more
Global Markets: Israel-Hamas ceasefire delayed
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israeli Prime Minister Benjamin Netanyahu accused Hamas of holding up approval of a ceasefire agreement announced on Wednesday, which would release numerous hostages. Netanyahu said Hamas was reneging on certain parts of the agreement to gain […] Read more