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 the country’s gross domestic product rose 0.2 per cent in February after the economy expanded 0.5 per cent in January. Analysts’ expectations were for 0.3 per […] Read more
Global Markets: Slower than expected economic growth
Similar pace projected for March
Global Markets: Dam burst, flooding devastate Kenya
Dozens of tornadoes strike U.S. Midwest
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. More than 30 people were killed on Monday with dozens of other still missing in Kenya after a dam burst. Heavy rains brought flash flooding to the African country, including the […] Read more
Global Markets: Egypt sends delegation to Gaza
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Egypt sent a delegation to Israel on Friday in an effort to broker a ceasefire deal with Hamas in Gaza, according to two Egyptian officials. The talks will discuss a limited exchange of hostages held by […] Read more
Global Markets: Canadian job vacancies, earnings up
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the number of job vacancies in the country increased to 656,700 in February, up 21,800 from January but down 178,400 from February 2023. The additional job vacancies were mostly seen in […] Read more
Global Markets: Competition Bureau concerned with Bunge, Viterra deal
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A report released by Canada’s Competition Bureau on Tuesday said that the proposed merger between agricultural business giants Bunge and Viterra would result in “substantial anti-competitive effects and a significant loss of rivalry.” The report also cited […] Read more
Global Markets: Quebec farmers hold protest
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Quebec farmers protested by driving tractors between the regional offices of the provincial farmers’ body Union des producteurs agricoles (UPA) and the province’s agriculture department in Sherbrooke on Monday. Since December, farmers in Quebec have protested […] Read more
Global Markets: U.S. House passes massive aid package
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives passed legislation on Saturday, including a US$95 billion package providing financial aid to Ukraine (US$61 billion), Israel (US$26 billion) and the Indo-Pacific region (US$8 billion). Along with the three separate […] Read more
Global Markets: Iran response muted to Israel drone attacks
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israel reportedly launched a drone attack an Iranian air base near the city of Isfahan early Friday. The attack was said to be limited in scope, with Iran’s air defenses countering the […] Read more
Global Markets: The number of Canadian jobless unchanged
Unemployment remains at 5.8 per cent
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported in its Labour Force Survey released on Thursday that the number of Employment Insurance recipients was virtually unchanged in February at 470,530. That kept the unemployment rate in […] Read more
Global Markets: Israel vows to retaliate against Iran
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israel has vowed to retaliate against Iran but has not yet said what that response may entail as the two countries move closer to a direct conflict. The latest sabre rattling comes […] Read more