By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canadian Finance Minister Chrystia Freeland will release the government’s latest budget later today, with early details pointing to increased spending on housing. Increased spending on defence, mental health and artificial intelligence are also […] Read more
Global Markets: Federal budget to be tabled
Global Markets: Restraint urged between Israel/Iran
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israel is being cautioned by world leaders not to retaliate after Iran attacked Israeli territory over the weekend. An estimated 99 per cent of the hundreds of drones and missiles launched by Iran […] Read more
Global Markets: Another issue for China’s lackluster economy
Exports drop by more than predictions
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In the latest sign of China’s economy continuing to struggle, a report on Friday showed the country’s exports fell 7.5 per cent in March compared to the previous March. High interest […] Read more
Global Markets: Russia destroys Ukrainian power plant
With more strikes on other power plants
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The coal powered Trypilska thermal power plant near Kyiv was destroyed by a Russian missile and drone strike, according to the reports on Thursday. As well, Russia damaged several other power […] Read more
Global Markets: BoC hold rates again
Inflation declining, economic to grow
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 announced on Wednesday that it will maintain its key interest rate at five per cent. With the consumer price index at 2.8 per cent, according to Statistics […] Read more
Global Markets: Climate change group wins European court ruling
But court rules against two other cases
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In a landmark ruling on Tuesday, the European Court of Human Rights said the Swiss government violated the human rights of its citizens by not doing enough to tackle climate change. […] Read more
Global Markets: Totality for parts of eastern Canada
Eclipse stretching across band of North America
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A narrow band of North America is set to experience a total solar eclipse on Monday, including parts of southern Ontario, Quebec, and Atlantic Canada. The eclipse will make its way […] Read more
Global Markets: Canada’s unemployment rate rises
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that Canada’s unemployment rate rose to 6.1 per cent in March, up from 5.8 per cent in February and the largest monthly jump in nearly two years. The economy lost 2,200 jobs […] Read more
Global Markets: Major storm hits Ontario, Quebec
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A major snowstorm hit eastern Ontario and western Quebec overnight, leaving thousands without power and closing schools in both provinces. Environment and Climate Change Canada reported that 14.5 millimetres of rain and 10.8 centimetres of snow […] Read more
Global Markets: Earthquake, landslides strike Taiwan
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A 7.2-magnitude earthquake killed nine people and injured more than 800 in Taiwan on Wednesday, the country’s strongest in 25 years. Buildings toppled in the cities of Taipei and Hualien, while landslides were triggered in rural […] Read more