By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted letters on Truth Social on Monday, warning 14 countries to make trade deals with the U.S. Trump also extended the deadline for countries for the […] Read more
Global Markets: Trump tells 14 countries to cut deals with U.S.
Canada not among the 14
Global Markets: Severe flooding hits central Texas
Forecasters say more rain coming
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Flooding in central Texas has killed more than 80 people as of Monday, with 27 at Camp Mystic. Authorities said dozens more people are believed to be missing as search and […] Read more
Global Markets: U.S. House passed ‘big, beautiful bill’
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives passed a 900-plus-page tax and spending package championed by President Donald Trump on Thursday by a vote of 218-214 with two Republicans voting against the package. Having already passed in […] Read more
Global Markets: Canada’s trade deficit narrows
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that the country’s merchandise trade deficit narrowed to C$5.9 billion in May, compared to the record amount of C$7.6 billion in April. Canada’s exports were 1.1 per cent higher in May, the […] Read more
Global Markets: Hot, dry weather on Prairies
Parts of eastern Alberta and southern Saskatchewan are under heat warnings issued by Environment Canada.
Global Markets: Canada rescinds digital services tax
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced Sunday evening that it will rescind the planned digital services tax in order to resume trade negotiations with the United States. U.S. President Donald Trump cut off talks on Friday because […] Read more
Global Markets: More wheat, less canola in Canada
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian farmers planted more wheat, oats, soybeans, pulses and corn in 2025 but less canola and barley, reported Statistics Canada in its latest principal field crop areas report. Canola plantings, at 21.46 million acres, were down from […] Read more
Global Markets: IGC raises world wheat call
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The International Grains Council raised its call on world wheat production in 2025/26 to 808 million tonnes. That was up by two million from the May estimate and compares with 799 million tonnes in 2024/25. The IGC […] Read more
Global Markets: Crude oil firm after sharp losses
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil was holding onto small gains Wednesday morning, finding some modest strength after dropping sharply lower earlier in the week. Market participants were assessing the ceasefire between Iran and Israel that appeared to be holding for […] Read more
Global Markets: Iran/Israel ceasefire shaky
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. A ceasefire agreement between Iran and Israel, announced by United States President Donald Trump overnight, was quickly breached with both sides allegedly launching attacks after the agreement was to have come into effect. Iran rejected allegations that it […] Read more