By MarketsFarm WINNIPEG, Nov. 14 – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden met with China’s Xi Jinping on Monday for their first in-person talks since Biden became president. The meeting lasted a little over three hours covering a wide range of […] Read more
Global Markets: Biden and Xi meet in Indonesia
Global Markets: U.S. inflation declines to 7.7 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Labor Department reported today that the annualized U.S. inflation rate was 7.7 per cent in October, down from 8.2 per cent in September and down from analysts’ expectations of 7.9 per cent. The rate is […] Read more
Global Markets: U.S. House, Senate still up for grabs
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Control over the United States House of Representatives and the Senate is still yet to be determined after Americans took to the polls on Tuesday for midterm elections. The Republicans’ so-called “red wave” many political pollsters anticipated never […] Read more
Global Markets: U.S. midterm elections take place
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Americans will take to the polls today for midterm elections, in which all 435 seats on the House of Representatives as well as 35 Senate seats and 36 races for state governor will be determined. Projections indicate that […] Read more
Global Markets: Ford offers to rescind legislation
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ontario Premier Doug Ford said Monday morning that his government would rescind legislation to make an education workers’ strike illegal if their union would stop their mass walkout. Ontario Education Minister Stephen Lecce introduced Bill 28, or the […] Read more
Global Markets: Fall statement includes spending measures, cutting deficit
Feds introduce two per cent tax on stock buybacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland gave the federal government’s fall economic statement on Thursday, citing a number of measures to be taken. This included a two per cent tax […] Read more
Global Markets: Fall economic update today
Finance Minister to speak at 3 pm CDT
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland, who also doubles as Deputy Prime Minister, will make the federal government’s fall economic statement on Thursday. Freeland is expected to lay out the […] Read more
Global Markets: Russia comes back into export deal
Putin demands safe corridors not be used for attacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia announced on Wednesday that it will re-enter the Black Sea export agreement that allows Ukraine to ship grain from its war-torn ports. Russia pulled out of the agreement during […] Read more
Global Markets: Biden threatens windfall tax for big oil
Record profits said to amount to US$300 billion
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden suggested on Monday that large oil companies could face a windfall tax if they fail to invest their profits to reduce fuel costs for consumers. […] Read more
Global Markets: Russia makes allegations, pulls out of export deal
Resumes missile strikes on power infrastructure
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia went on the accusation offensive on Sunday as the country pulled out of the agreement that allows Ukraine to export grain out of its Black Sea ports. Russian leveled […] Read more