Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada Post made a contract offer to the Canadian Union of Postal Workers in hopes of avoiding a work stoppage next month. The proposal included annual wage increases of 11.5 per cent over four years, […] Read more
Global Markets: Canada Post offers deal to workers
Global Markets: Saskatchewan Party maintains majority government
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Saskatchewan Party, led by incumbent Premier Scott Moe, won its fifth straight majority in the 30th Saskatchewan general election on Monday. The party was elected to or leading in 35 seats, while the New Democrats […] Read more
Global Markets: Saskatchewan goes to the polls
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Saskatchewan residents will go to the ballot box for the province’s 30th general election on Monday. Recent polls suggested that the New Democrats, led by Carla Beck, have a slight lead over the incumbent right-wing Saskatchewan […] Read more
Global Markets: Retail sales improve in August
StatCan projects similar increase for September
Global Markets: Retail sales improve in August 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 Friday that retail sales in August rose 0.4 per cent at C$66.6 billion. Fueling the increase was the motor […] Read more
Global Markets: Boeing machinists reject tentative deal
Strike started Sept. 13
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Striking machinists at Boeing voted 64 per cent against a tentative deal with the company on Wednesday. The 33,000 members of the International Association of Machinists and Aerospace Workers rejected the […] Read more
Global Markets: Bank of Canada announces deep cut
Projects economic growth from 2024 to 2026
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 points on Wednesday, bringing them to 3.75 per cent. Meanwhile the BoC reduced its bank rate to four per cent. […] Read more
Global Markets: Blinken returns to Middle East yet again
Gaza ceasefire, post-war plans to be discussed
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States Secretary of State Antony Blinken is in the Middle East on Tuesday in another attempt to restart ceasefire negotiations between Israel and Hamas. On his eleventh trip to the […] Read more
Global Markets: Big rate cut looming
Bank of Canada to make announcement on Wednesday
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Ahead of the Bank of Canada’s next interest rate announcement, analysts on Monday predicted the central bank could slash its rates by upwards to a half of a percentage point. Forecasters […] Read more
Global Markets: Hamas leader confirmed dead
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Hamas has confirmed that its leader, Yahya Sinwar, was killed in southern Gaza in a recent Israeli attack. Analysts were unsure if Sinwar’s death would hasten the end of the year-long war in Gaza. Hamas […] Read more
Global Markets: ECB cuts rates
Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. The European Central Bank lowered its key interest rates by 25 basis points on Thursday, citing easing inflation risks. The rate cuts were the third of the past year as the ECB works to bring […] Read more