Global Markets: Inflation hits four per cent

Higher gasoline prices behind the increase

Compiled by MarketsFarm   WINNIPEG, Sept. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Tuesday that inflation in the country during August climbed to an annual rate of four per cent. That’s up from 3.3 per cent in July and meets […] Read more



Global Markets: UAW strike begins

By MarketsFarm   WINNIPEG, Sept. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The United Auto Workers (UAW) launched simultaneous strikes against Ford, General Motors and Stellantis (the parent company of Chrysler) on Friday, with about 13,000 workers walking off the job at targeted factories. […] Read more

Global Markets: Canadian wholesale sales edge higher

By MarketsFarm   WINNIPEG, Sept. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were up by 0.2 per cent in July to hit C$81.3 billion, according to a report from […] Read more



Global Markets: Deadly flooding in Libya

By MarketsFarm   WINNIPEG, Sept. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   At least 10,000 people were reported missing in Libya along with 1,000 already confirmed dead after flooding caused by Storm Daniel hit the North African country. As much as a quarter of […] Read more


Global Markets: Deadly earthquake hits Morocco

By MarketsFarm   WINNIPEG, Sept. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   An earthquake in Morocco over the weekend, hitting 6.8 on the Richter sale, has left nearly 2,500 people dead, in what was the largest disaster for the country in more than 60 […] Read more

Global Markets: Unemployment rate stays put at 5.5 per cent

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the national unemployment rate remained at 5.5 per cent after three-straight monthly increases. Meanwhile, the economy added 40,000 jobs with the gains in the professional, scientific and technical services as well […] Read more


Global Markets: UAW submits counterproposal to Ford

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Auto Workers (UAW) made a labour contract counterproposal to Ford Motor Company regarding economic issues on Wednesday, while Chrysler’s parent company Stellantis said it will make a counteroffer later this week. Four-year labour agreements with 146,000 workers […] Read more