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: Canada adds 35,000 jobs in March
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
Global Markets: Federal budget set for 3 pm CDT
Balancing inflation relief and tighter spending
Compiled by MarketsFarm WINNIPEG, March 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. On what could be the cusp of a recession, Canadian Finance Minister Chrystia Freeland will introduce the federal Liberal government’s next budget on Tuesday at 3 pm CDT. The media speculated […] Read more
Global Markets: Federal budget tomorrow
'Grocery rebate' said to be in the works
Compiled by MarketsFarm WINNIPEG, March 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Finance Minister Chrystia Freeland is scheduled to introduce her next budget on Tuesday. A report said that the federal Liberal government will include a ‘grocery rebate’ that will go to […] Read more
Global Markets: Canadian retail sales up in January
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday morning that retail sales rose 1.4 per cent during the month of January to C$66.4 billion. The increase in sales was attributed to a three per cent rise in sales at motor […] Read more