Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Traffic at Canadian National Railway (CN Rail) and Canadian Pacific Kansas City (CPKC) will resume today after the Canada Industrial Relations Board (CIRB) ordered the members of the Teamster Canada Rail Conference (TCRC) back to work after […] Read more
Global Markets: Railways workers return to work
Global Markets: CN resuming operations, lockout continues at CPKC
Railway, Teamsters, CIRB to discuss back to work arrangements
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The picket lines were down at Canadian National Railway Friday morning as members of the Teamsters Canada Rail Conference returned to work a day after they were locked out. Yesterday, federal […] Read more
Global Markets: Lockout at CN, CPKC halts most rail traffic
More than 9,300 workers off the job
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Most rail movement in Canada came to a halt early Thursday morning as more than 9,300 members of the Teamster Canada Rail Conference were locked out by Canadian National Railway and […] Read more
Global Markets: Labour minister meeting with railways, union
Rail traffic set to stop at midnight
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. With a work stoppage at Canada’s two largest railways set to begin after the stroke of midnight, federal Labour Minister Steven MacKinnon will meet with Canadian National, Canadian Pacific Kansas City […] Read more
Global Markets: Canada’s inflation shrinks in July
Growing likelihood of another interest rate cut
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 Tuesday that the July consumer price index fell to 2.5 per cent on a year-over-year basis from 2.7 per cent in June. While reduced inflation in travel […] Read more
Global Markets: Rail traffic on CPKC, CN to stop come Thursday
Strike/lockout set to begin at 12:01 that morning
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Most rail traffic in Canada will grind to a halt on Thursday at 12:01 am as the Teamster Canada Rail Conference issued its strike notice on Monday to Canadian Pacific Kansas […] Read more
Global Markets: Rail stoppage nearing
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A work stoppage at Canada’s two major railways is growing more likely as negotiations remain at an impasse a week out from the Aug. 22 lockout/strike deadline. Canada’s Federal labour minister Steven […] Read more
Global Markets: Canadian wholesale sales dip
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian wholesale sales dropped by 0.6 per cent in June compared to the previous month, coming in at C$82.4 billion, according to a report from Statistics Canada. Sales were down in five […] Read more
Global Markets: U.S. annual inflation slows
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Annual inflation in the United States dipped to its lowest level in more than three years in July, with the 2.9 per cent year-on-year increase in consumer prices down from 3.0 per […] Read more
Global Markets: Ukraine incursion met with fresh attacks
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ukraine’s recent incursion into Russia was reportedly being met by fresh Russian attacks, with intense battles across the Kursk region. A Ukrainian commander claimed that Ukraine now controlled roughly 1,000 square kilometers of […] Read more