Compiled by MarketsFarm WINNIPEG, May 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that approximately 41,000 jobs were added in April, well surpassing analysts’ predictions of 20,000 jobs. That brought the number of working people in Canada to 20.13 […] Read more
Global Markets: Job growth in Canada, the U.S.
Indonesia sees its economy grow in 1Q
Global Markets: CRA workers returning to work
Tentative deal includes improved wages
Compiled by MarketsFarm WINNIPEG, May 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The remaining federal employees who were still on strike reached a tentative deal on Thursday. The approximately 35,000 members of the Public Service Alliance of Canada (PSAC) who work for the […] Read more
Global Markets: 25-point increase expected from Federal Reserve
Rate announcement at 1 pm CDT
Compiled by MarketsFarm WINNIPEG, May 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Analysts said they expect the United States Federal Reserve to up its key interest rates by 25 basis points on Wednesday. The Fed is scheduled to make it announcement at 1 […] Read more
Global Markets: Inflation remains high in EU
ECB expected to make 25 to 50 basis point rate hike
Compiled by MarketsFarm WINNIPEG, May 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Inflation in the European Union bumped up to seven per cent in April from 6.9 per cent in March, according to Eurostat on Tuesday. The EU’s statistics agency reported the consumer […] Read more
Global Markets: Most federal workers end their strike
But 35,000 CRA workers remain off the job
Compiled by MarketsFarm WINNIPEG, May 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The bulk of federal government workers in Canada reached a tentative deal and ended their 12-day strike on Monday. This came after Prime Minister Justin Trudeau agreed to a 12 per […] Read more
Global Markets: Canada’s economy grows
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported today that the country’s economy grew by 0.1 per cent in February, while also estimating a rise of 2.5 per cent for the first quarter of 2023. Wholesale and retail trade, as well as […] Read more
Global Markets: Trudeau visits NYC
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau is visiting New York City today for the Global Citizen NOW summit, a two-day meeting of celebrities, activists and lawmakers discussing the most pressing challenges affecting the planet. Trudeau is expected to champion […] Read more
Global Markets: CRA will not extend tax deadline
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: 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