WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – In an emergency meeting of NATO leaders in Brussels on Thursday, Canadian Prime Minister Justin Trudeau announced his country will send what weapons they can to Ukrainian forces defending their country against the Russian invasion. Trudeau has hinted […] Read more
Global Markets: Canada to send more weapons to Ukraine
Global Markets: NATO holds emergency meeting
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – On the one month anniversary of the start of Russia’s invasion of Ukraine, NATO leaders held an emergency meeting in Brussels, which included a plea from Ukrainian leader Volodymyr Zelensky for unrestricted military assistance from the alliance and […] Read more
Global Markets: Ukraine accuses Russia of seizing convoy
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ukraine accused Russia late Tuesday of seizing 15 aid workers who were providing aid to residents of the besieged city of Mariupol, which continued to suffer from land and air strikes. The Red Cross confirmed that a humanitarian […] Read more
Global Markets: CP Rail, workers agree to final, binding arbitration
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Both the Canadian Pacific Railway (CP Rail) and its workers under the Teamsters Canada Rail Conference (TCRC) have agreed to final and binding arbitration on Tuesday. This means workers will be back on the job at noon local […] Read more
Global Markets: Ukraine refuses Russia’s demands to surrender
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russia intensified its efforts to bomb the Ukrainian port city of Mariupol on Monday after Ukraine defiantly refused an offer by the Russians to surrender in exchange for safe passage for the city’s residents. However, hours before Russia’s […] Read more
Canadian Financial Close: C$ ends week stronger
By MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The Canadian dollar was stronger on Friday, as solid domestic retail sales data provided support. The Canadian dollar closed at US$0.7926 or US$1=C$1.2617 on Friday, which compares with Thursday’s North American close of US$0.7905 or US$1=C$1.2651. Canadian retail sales were up by 3.2 per cent in January, according […] Read more
Global Markets: Russia fires missiles near Kyiv, Lviv
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – As world leaders repeated calls for an investigation into Russia’s targeted attacks on Ukrainian civilians, Russian missiles and shells struck the outskirts of Ukraine’s capital Kyiv and an airport near the western city of Lviv on Friday morning. […] Read more
Global Markets: CP Rail serves lockout notice
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Pacific Railway (CP Rail) have served its 72-hour lockout notice to employees on Thursday, meaning if a settlement or an agreement to binding arbitration is not reached by March 20, workers will go on strike. Earlier this […] Read more
Global Markets: Canada’s inflation highest since 1991
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that Canada’s inflation rate rose to 5.7 per cent in February, its highest level since August 1991 and slightly exceeding analysts’ expectations. Energy prices were primarily responsible for the increase as gasoline prices […] Read more
Global Markets: Zelensky to address House of Commons
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ukrainian President Volodymyr Zelensky will deliver a virtual address to Canada’s House of Commons on Tuesday, where it is expected he will urge the government to add new sanctions and to convince NATO to implement a no-fly zone […] Read more