Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the country’s unemployment rate made a slight decline to 5.7 per cent in January, compared to 5.8 per cent in December. There were 37,000 jobs added last month and it […] Read more
Global Markets: Canada’s unemployment rate drops
Global Markets: BCE Inc. sells 45 radio stations
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – BCE Inc. announced on Thursday it will sell 45 of its 103 Bell Media radio stations and cut 4,800 employees, which represents nine per cent of the company’s workforce. The affected radio stations are located in […] Read more
Global Markets: Canada posts surprise trade deficit
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Wednesday that Canada had a trade deficit of C$312 million in December, a figure which surprised analysts who had expected a C$1 billion surplus. Total exports were down 1.9 per cent […] Read more
Global Markets: King Charles diagnosed with cancer
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Buckingham Palace announced on Monday that King Charles is undergoing outpatient treatment for a form of cancer, which was detected during treatment for an enlarged prostate but is not related to that condition. The 75-year-old monarch […] Read more
Global Markets: Snowstorm paralyzes Nova Scotia
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Over the weekend, parts of Cape Breton Island in Nova Scotia received up to 86 centimetres of snow, causing schools to be closed on Monday and triggering a seven-day state of emergency for the Cape Breton Regional […] Read more
Global Markets: Israel begins assault on Rafah
More than half of Gaza Strip's population trapped in Rafah
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Fears ramped up on Friday over a possible massacre of Palestinian civilians in fighting between Israeli forces and Hamas militants. The Israeli military began its attack on militants in Rafah, a […] Read more
Global Markets: BoE freezes its interest rate
Rate stays at 5.25 per cent for now
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Bank of England said on Thursday it will hold its interest rate at 5.25 per cent. Six of the nine members of the central bank’s Monetary Policy Committee voted to […] Read more
Global Markets: StatCan points towards economic growth in 2023
Projecting a turn around for Q4
The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Wednesday that the country’s gross domestic product grew by 0.2 per cent in November, largely due to gains in goods-producing industries. Also, StatCan said the economy contracted 1.1 per cent in the third quarter of last […] Read more
Global Markets: Houthi attacks threaten global economic growth
IMF calling for 3.1 per cent growth
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The International Monetary Fund stated on Tuesday the global economy is being jeopardized by ongoing attacks on commercial vessels in the Red Sea by Houthi rebels. The IMF projected 3.1 per […] Read more
Global Markets: Biden to strike back, but avoid war
3 U.S. soldiers killed in drone attack
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Following a drone attack that killed three United States soldiers and injured several more in Jordan on Sunday, U.S. President Joe Biden stated there will be a “very consequential response.” However, […] Read more