WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada in July increased by 0.4 per cent from June, according to an estimate from Statistics Canada released on Wednesday. It was the largest month-to-month gain since April. In June, retail sales increased by 0.1 […] Read more
Global Markets: Retail sales increase in July
Global Markets: Incoming heat could spread NWT wildfires
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Wildfires continue to burn in the Northwest Territories with approximately 68 per cent of the territory’s residents already evacuated. While light rainfall and winds helped prevent the spread, warmer than normal temperatures are expected for Tuesday in some […] Read more
Global Markets: B.C. residents allowed to return home
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Fire officials in British Columbia announced on Sunday that conditions were improving after wildfires destroyed several homes in and around Kelowna, forcing residents to evacuate. Some residents are now allowed to return home, but will still be under […] Read more
Global Markets: Evacuation efforts underway in Kelowna, Yellowknife
Wildfires as threat to B.C., NWT cities
Compiled by MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Wildfires continued to pose a major threat in Canada, with Kelowna having issued evacuation orders on Friday for the British Columbia city’s northern neighbouhood. Kelowna, with about 150,000 people, has been […] Read more
Global Markets: Yellowknife being evacuated
Approximately 22,000 people on the move
Compiled by MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Officials in the Northwest Territories ordered the evacuation of Yellowknife on Wednesday, giving the approximately 22,000 people in the city until noon Friday to leave. A wildfire closed within 17 kilometers […] Read more
Global Markets: N.W.T. declares state of emergency
By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Northwest Territories has declared a state of emergency as wildfires threaten the capital of Yellowknife. Evacuation alerts have been issued for parts of the city, with other communities already evacuated. […] Read more
Global Markets: Inflation picks up steam in July
Drop in fuel prices slows from a year ago
Compiled by MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As expected, Canada’s consumer price index rose in July as declines in fuel prices slowed. Statistics Canada reported on Tuesday that annualized inflation for last month was 3.3 per cent, up […] Read more
Global Markets: July’s inflation expected to edge up
June's CPI the lowest in more than two years
Compiled by MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ahead of the next consumer price index report from Statistics Canada, a survey by CTV News said on Monday economists are expecting inflation to nudge upward. The CPI was projected to […] Read more
Global Markets: Oil prices to rise
By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Oil prices will potentially climb higher through 2023 before running into economic headwinds in 2024, according to a new report from the International Energy Agency (IEA). “Deepening OPEC+ supply cuts have collided […] Read more
Global Markets: Ecuador presidential candidate assassinated
By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ecuadorean presidential candidate Fernando Villavicencio was assassinated on Wednesday while at a campaign event in the South American country’s capital, Quito. Villavicencio, a former journalist, was a vocal critic of organized crime […] Read more