WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian Revenue Agency (CRA) said it will not extend this year’s income tax deadline, currently set at May 1, despite a strike where 39,000 of its workers have walked off the job. CRA staff are part of […] Read more
Global Markets: CRA will not extend tax deadline
Global Markets: Biden to run for second term
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden formally announced on Tuesday that he will run for re-election, asking voters to help him “finish the job”. Biden, who turns 81 in November, is already the oldest president in U.S. history and […] Read more
Global Markets: Picket lines could increase disruptions: PSAC head
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Chris Aylward, the national president of the Public Service Alliance of Canada (PSAC), said in an interview with CBC News on Sunday that picket lines of striking workers may move to “strategic locations” to cause greater disruption to […] Read more
Global Markets: Canadian retail sales dip slightly
By MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Retail sales in Canada were down by 0.2 per cent in February, to C$66.3 billion, with gas stations and fuel vendors posting the largest decline (5.0 per cent). Core retail sales, which […] Read more
Global Markets: Canadians receiving employment benefits edge up
By MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadians receiving regular Employment Insurance edged up by 11,000 in February, hitting 388,000, according to a report from Statistics Canada. The unemployment rate held steady at 5.0 per cent. Meanwhile, data out […] Read more
Global Markets: Federal workers strike
By MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. More than 150,000 workers represented by the Public Service Alliance of Canada (PSAC) went on strike Wednesday morning after failing to reach an agreement with the federal government. Numerous federal departments, including the […] Read more
Global Markets: Canada’s rate of inflation eases
By MarketsFarm WINNIPEG, April 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s rate of inflation slowed in March, with the 4.3 per cent increase in the consumer price index the smallest year-on-year increase since the 4.1 per cent reported in August 2021. The […] Read more
Global Markets: PSAC set to strike by Wednesday
By MarketsFarm WINNIPEG, April 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. A strike by Canada’s largest federal public union is possible by Wednesday if a deal isn’t reached soon, according to officials with the Public Service Alliance of Canada (PSAC) – which represents […] Read more
Global Markets: Day one of Canadian Pacific Kansas City
New entity completes US$31 billion takeover
Compiled by MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Friday marked the first day that Canadian Pacific Railway Ltd. (CP) and Kansas City Southern (KCS) will officially become Canadian Pacific Kansas City (CPKC). In December 2021, CP acquired KCS for […] Read more
Global Markets: Strike of federal public servants looming
Up to 155,000 workers in a position to walk the picket lines
Compiled by MarketsFarm WINNIPEG, April 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Approximately 155,000 federal public servants in Canada have now voted in favour of strike mandates. On Wednesday, the Treasury Board group of the Public Service Alliance of Canada (PSAC) announced their […] Read more