By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s gross domestic product expanded by 0.2 per cent in July, according to Statistics Canada on Friday. StatCan reported growth in 13 of the 20 economic sectors it tracks, following 0.1 […] Read more
Global Markets: Canadian economy improves in July
StatCan projects August to hold at 0.2 per cent
Global Markets: Projecting moderate growth with declining bank rates
Deloitte Canada says rates should be 3.75% by end of year
The following is a glance at the news moving markets in Canada and globally. Canada’s economy is projected to grow moderately should the Bank of Canada continue to cut its interest rates, according to a report from Deloitte Canada on Thursday. The financial firm projected the BoC’s rates to be down to 3.75 per […] Read more
Global Markets: Grain workers strike enters second day
Federal negotiators helping with talks
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The strike by grain workers at the Port of Vancouver entered day two on Wednesday. With about 52 per cent of Canada’s grain exports going through the port, the Grain Growers […] Read more
Global Markets: Israeli airstrikes on Beirut continue
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm–The following is a glance at the news moving markets in Canada and globally. An Israeli airstrike on Beirut targeting a Hezbollah commander killed six people, with Lebanese authorities reporting that more than 500 people were dead from the strikes over the past few days. While thousands of civilians […] Read more
Global Markets: Harris edging out Trump in two polls
CBS, NBC puts VP four, five points ahead
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States Vice-President Kamala Harris is said to be five points ahead in the polls versus former President Donald Trump, according to an NBC News poll released on Sunday. A CBS […] Read more
Global Markets: Canadian retail sales up in July
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that retail sales rose 0.9 per cent in July at C$66.4 billion. They were given a boost by new car sales, which increased by 2.3 per cent, as well as sales […] Read more
Global Markets: Devices explode again in Lebanon
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Electronic devices used by members of Hezbollah in Lebanon exploded for the second straight day on Wednesday as security experts believes the supply chain for the devices was likely compromised. At least 20 people were killed […] Read more
Global Markets: U.S. Fed expected to cut interest rates
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve is expected to announce on Wednesday it will cut its key interest rates for the first time in four years. While most analysts believe there will be a rate cut, they […] Read more
Global Markets: Inflation rate down to two per cent
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that Canada’s annual inflation rate dropped to two per cent in August, which is also the Bank of Canada’s (BoC) target rate and the lowest since February 2021. Mortgage interest and […] Read more
Global Markets: Air Canada, pilots reach new agreement
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Air Canada said on Sunday it reached a tentative agreement with more than 5,400 of its pilots, represented by the Air Line Pilots Association (ALPA). Air Canada said its main airline and Air Canada Rouge will operate […] Read more