WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Both the Bank of Canada (BoC) and the United States Federal Reserve decided to keep their key interest rates unchanged on Wednesday, but have hinted at raising rates over the next few months. “Everybody should expect interest rates […] Read more
Global Markets: Central banks hold interest rates for now
Global Markets: Central banks announce interest rate decisions
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The central banks for both Canada and the United States are expected to announce plans to raise their key interest rates in an effort to alleviate rising inflation on Wednesday. Many analysts believe the Bank of Canada, which […] Read more
Global Markets: Canada, Ukraine send mixed messages
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Following the lead of its allies the United States and the United Kingdom, Canada has ordered family members of diplomatic staff in Ukraine to leave the country. On Monday night, the Canadian government urged citizens to leave the […] Read more
Global Markets: NATO sending reinforcements to Ukraine
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – NATO said on Monday it plans to send more fighter jets and ships, as well as extra forces on standby to Ukraine in an effort to “deter” a conflict between the country and Russia. Over the weekend, the […] Read more
Global Markets: Canadian retail sales up in November
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Despite severe flooding in parts of British Columbia and Atlantic Canada, Canadian retail sales for the month of November were up 0.7 per cent to C$58.1 billion, according to a report from Statistics Canada released today. Sales increased […] Read more
Global Markets: Canada to implement sanctions if Russia invades
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Foreign Affairs Melanie Joly said on Thursday the country will join its allies in implementing severe sanctions on Russia should the latter choose to invade Ukraine. At a news conference in Brussels, Joly added that […] Read more
Global Markets: Inflation hits 30-year highs in Canada, U.K.
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s inflation rate rose to an annual pace of 4.8 per cent last December, according to the latest data from Statistics Canada released on Wednesday. The increase to the consumer price index is the largest in Canada since […] Read more
Global Markets: China claims Omicron case came from Canada
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian health officials are disputing China’s claim that the country’s first discovered case of the Omicron COVID-19 variant was linked to mail from Toronto. Chinese health authorities said on Monday that a case of Omicron in Beijing may […] Read more
Global Markets: Canada’s manufacturing sales rise in November 2021
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – In a report released by Statistics Canada on Monday, Canada’s manufacturing sales rose 2.6 per cent to C$63.1 billion in November. Sales of primary metal products jumped 5.8 per cent to a record-breaking C$5.8 billion, while petroleum and […] Read more
Global Markets: All truckers must be vaccinated to cross border
Feds clarify previous statement made in error
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – All truckers, including Canadian truckers, must be fully vaccinated against COVID-19 when crossing the Canada/United States border, the federal government clarified on Friday. A spokesperson for the Canada Border Services […] Read more