Compiled by MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Bank of Canada (BoC) kept its key interest rate at 4.5 per cent, following its announcement on Wednesday. In a statement, the BoC said inflation in Canada has been easing […] Read more
Global Markets: Bank of Canada freezes key interest rate
Pegs inflation at three per cent for 2023
Global Markets: Canadian pipelines said to have been targeted
Hackers may have gained access in February
Compiled by MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian officials were informed over the weekend by their United States counterparts that Russian-backed hackers may have gained access to the country’s natural gas infrastructure in February. The revelation is part […] Read more
Global Markets: Rate freeze expected
Bank of Canada announcement on Wednesday
Compiled by MarketsFarm WINNIPEG, April 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Analysts’ expectations ahead of the next interest rate announcement from the Bank of Canada (BoC) have predicted the central bank will freeze its key rate at 4.5 per cent. The BoC […] Read more
Global Markets: Canada adds 35,000 jobs in March
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported this morning that Canada’s economy added 35,000 jobs in March while the unemployment rate held at five per cent. March was the fourth straight month the unemployment rate went unchanged. Employment grew in transportation […] Read more
Global Markets: Trump charged with 34 felony counts
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Former United States President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records and conspiracy inside a New York City courthouse on Tuesday. With the charges, Trump became the first U.S. president, sitting or […] Read more
Global Markets: Trump to be arraigned
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Former United States President Donald Trump is expected to surrender and face criminal charges in an arraignment inside a New York City courthouse later today. Trump became the first president, sitting or former, to face criminal charges after […] Read more
Global Markets: Saudi Arabia, others to cut crude oil production
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Saudi Arabia announced on Sunday it will start a “voluntary reduction” of its oil production, cutting output by 500,000 barrels per day starting in May and lasting until the end of 2023. Saudi Arabia’s energy ministry said the […] Read more
Global Markets: Canadian economy sees small rebound
StatCan projects slight growth for February
Compiled by MarketsFarm WINNIPEG, March 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada (StatCan) reported on Friday that the country’s economy rebounded in January after slipping 0.1 per cent in December. StatCan found Canada’s GDP grew by 0.5 per cent that month […] Read more
Global Markets: Bank of Canada at the ready if need be
Only after investors incur very steep losses
Compiled by MarketsFarm WINNIPEG, March 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. With the turmoil from the global banking crisis continuing, the Bank of Canada (BoC) indicated on Wednesday that it’s ready to step in should the crisis adversely affect Canadian financial institutions. […] Read more
Global Markets: Freeland unveils spending measures
Doubling of GST rebates
Compiled by MarketsFarm WINNIPEG, March 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The latest federal budget included a number of spending increases which are to increase the deficit from the C$30.6 billion projected in the fall to now C$40.1 billion. Among the items Finance […] Read more