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: GST/HST holiday begins on Saturday
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
Global Markets: Suspect in UnitedHealthcare CEO murder arrested
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Twenty-six-year-old Luigi Mangione was arrested and charged with the murder of UnitedHealthcare CEO Brian Thompson on Monday. Mangione was spotted by a customer at a McDonald’s restaurant in Altoona, Penn. and arrested by police. Thompson […] Read more
Global Markets: Assad overthrown, flees to Russia
The following is a glance at the news moving markets in Canada and globally. – Syrian president Bashar al-Assad fled the country and was granted political asylum in Russia after Syrian rebels overthrew Assad’s government over the weekend. The rebels, led by former al-Qaeda affiliate Hayat al-Tahrir al-Sham, reached Damascus, freed prisoners and toppled Assad, […] Read more
Global Markets: Canadian unemployment rises
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada added 51,000 jobs in November, although the unemployment rate still increased by 0.3 percentage points at 6.8 per cent, as more people looked for work, reported Statistics Canada. Meanwhile, the United States Labor Department […] Read more
Global Markets: French Prime Minister ousted
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. French Prime Minister Michel Barnier was ousted Wednesday night in a no-confidence vote that saw far-right and far-left lawmakers in the country join forces to oust Barnier and his cabinet over opposition to the proposed […] Read more
Global Markets: South Korea opposition looks to impeach president
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Martial law was short-lived in South Korea, as opposition parties unanimously voted to lift the order made by President Yoon Suk Yeul. The opposition parties have now submitted a joint motion to impeach Yoon, with […] Read more
Global Markets: Martial law in South Korea
President doesn't specify measures
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. South Korean President Yoon Suk Yeol declared “emergency martial law” on Tuesday, as he accused opposition parties of sympathizing with North Korea and engaging in anti-state activities. After narrowly winning the […] Read more
Global Markets: Biden pardons son
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. United States President Joe Biden has pardoned his son, Hunter, going back on previous promises that he would not use the powers of the presidency to benefit his family. Hunter Biden was facing possible prison […] Read more