WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) is not expected to raise its overnight benchmark interest rate of 0.25 per cent in its latest policy decision on Wednesday, but many speculate it will still give a preview on what the […] Read more
Global Markets: BoC not expected to raise interest rate
Global Markets: Biden, Putin set for call over Ukraine
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden and Russian President Vladimir Putin will hold a video conference call on Tuesday, which many expect Biden will attempt to dissuade Putin from a possible invasion of Ukraine. Tens of thousands of Russian […] Read more
Global Markets: Canada’s ambassador to China steps down
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Michael Barton, Canada’s ambassador to China, is stepping down from his post effective Dec. 31, three months after securing the release of Michael Kovrig and Michael Spavor, Canadian citizens who were detained in China for three years. Barton […] Read more
Global Markets: Canada’s jobless rate hits pandemic low
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added 154,000 jobs in November, which brought down the jobless rate to a pandemic-low six per cent, according to a report from Statistics Canada released on Friday. In addition, 183,000 more people had a job last […] Read more
Global Markets: U.S. introduces new test measure for air travellers
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The White House announced on Wednesday that air travellers flying into the United States now have to get a COVID-19 test no earlier than the day before their departure in the latest measure to combat the Omicron COVID-19 […] Read more
Global Markets: No plans to tighten Canada/U.S. border: White House
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – At its daily press briefing on Tuesday, the White House said there are no immediate plans to tighten the Canada/United States border due to the Omicron COVID-19 variant. “The president’s decisions related to travel restrictions will be based […] Read more
Global Markets: Canada’s economy expands in third quarter
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Tuesday that Canada’s gross domestic product (GDP) grew by 1.3 per cent from July to September as the easing of COVID-19 restrictions allowed for more consumer spending. The total value of all goods and […] Read more
Global Markets: Omicron COVID-19 variant detected in Canada
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Ontario government announced on Sunday the discovery of two confirmed cases of the newly-identified Omicron COVID-19 variant, the first cases in Canada. Both cases were diagnosed in individuals who have recently travelled to Nigeria. On Friday, Canada […] Read more
Global Markets: French fishermen block port
By MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The French port of Calais was blocked by fishermen on Friday, preventing ferries from entering, amid an ongoing protest over the United Kingdoms failure to issue more licenses for French fishermen to operate […] Read more
Global Markets: Record-breaking rains hit Newfoundland
By MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Record-breaking rain was reported in Newfoundland and Labrador this week, with over 165 millimetres of rain falling in the southwestern Newfoundland town of Channel-Port aux Basques in a 24 hour period and the […] Read more