Global Markets: Canada’s inflation rate drops

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time in a year, Canada’s annual rate of inflation dropped from the month before. Statistics Canada reported on Tuesday that the rate declined 0.5 percentage points to 7.6 per cent in July. Gasoline prices were […] Read more










Global Markets: BoE hikes interest rate

By MarketsFarm WINNIPEG, Aug. 4 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by half a percentage point on Thursday, taking the country’s Bank Rate to its highest level since 2008 at 1.75 per cent. The hike was […] Read more