Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau is scheduled to speak to the country on Wednesday regarding the Omicron variant. In recent days the number of reported cases of Omicron have spiked […] Read more
Global Markets: Trudeau to speak to Canadians about Omicron
Sharp uptick of variant across country
Global Markets: Turkey works to shore up currency
By MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After hitting a record low relative to the United States dollar on Monday, the Turkish lira rallied sharply on Tuesday after President Recep Tayyip Erdogan announced new measures aimed to safeguard local currency […] Read more
Global Markets: NHL postpones games, but season still on
By MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The NHL and NHL Players Association have reached an agreement to continue the regular season schedule, despite a number of COVID-19 related postponements. All cross-border games will also be delayed through Dec. 23 […] Read more
Global Markets: COVID-19 on the rise in Canada
Kingston is country's COVID hotspot
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Already faced with the Omicron strain of COVID-19 starting to take hold in Canada, the number of reported cases in the country has been spiking. As of Friday morning, approximately […] Read more
Global Markets: Canadian government advises against non-essential foreign travel
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – With the Omicron COVID-19 variant starting to become fast-spreading, the Canadian government advised residents on Thursday not to engage in non-essential foreign travel despite the holiday season. Health Minister Jean-Yves Duclos said the measure will be in place […] Read more
Global Markets: Inflation in Canada stays at 18-year high
Up 0.2 per cent in November, holding at 4.7 per cent
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that inflation in November bumped up 0.2 per cent, holding at 4.7 per cent, the highest since 2003. Reports said extensive delays in the global […] Read more
Global Markets: Fiscal update likely to curb Liberal promises
Freeland to announce spending measures today
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland will present the federal government’s fiscal update today in the House of Commons. This comes a day after Freeland and Bank of Canada Governor […] Read more
Global Markets: Bank of Canada to get new marching orders
Highest inflation in 18 years
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland and Bank of Canada (BoC) Governor Tiff Macklem are scheduled to announce the central bank’s new direction in combating inflation on Monday. Expectations are […] Read more
Global Markets: U.S. inflation highest since 1982
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Bureau of Labor Statistics reported on Friday that the country’s inflation rate reached 6.8 per cent in November, the highest level since 1982 and 0.8 percentage points higher than in October. Higher costs in gasoline, […] Read more
Global Markets: Canadian food prices to increase five to seven per cent in 2022
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – 2022 will see the largest annual increase of food prices on record in Canada, according to the Canada Food Price Guide published by Dalhousie University and the University of Guelph and released on Thursday. Food price inflation, bolstered […] Read more