WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – General Electric (GE), the venerable manufacturer created by Thomas Edison and later became the world’s most valuable company, will be broken up into three separate entities, it announced on Tuesday. GE’s healthcare business will be spun off in […] Read more
Global Markets: General Electric breaking up
Global Markets: U.S. re-opens land border to Canadians
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time in 19 months, the United States has allowed Canadians to cross its land border for non-essential travel on Monday. Adult travellers entering the U.S. from Canada must be fully vaccinated against COVID-19 in order […] Read more
Global Markets: Canada adds 31,200 jobs in October
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the Canadian economy added 31,200 jobs in October, which lowered the unemployment rate by 0.2 percentage points to a new pandemic-low of 6.7 per cent. However, many economists had predicted there would […] Read more
Global Markets: Feds to cut oil and gas subsidies
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Thursday it will redirect oil and gas subsidies towards green energy initiatives by the end of 2022. Canada, the United States, New Zealand and Costa Rica are four of 24 signatories of a […] Read more
Global Markets: Financial sector to support green initiatives
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Nations special envoy on climate action and finance Mark Carney announced on Wednesday that more than 450 financial firms, including Canada’s five big banks, have committed to supporting the goals of the Glasgow Financial Alliance for Net […] Read more
Global Markets: Rogers decision to be made on Friday
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A decision on the boardroom battle between Edward Rogers and Rogers Communications Inc. will be brought down on Friday afternoon, British Columbia Supreme Court judge Shelley Fitzpatrick said on Monday. Rogers claimed that as chairman of a family-owned […] Read more
Global Markets: World leaders meet for COP26
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United Nations Climate Change Conference (COP26) began in Glasgow, Scotland on Sunday and will be held until Nov. 12, which includes more than 190 world leaders including Canadian Prime Minister Justin Trudeau, United States President Joe Biden […] Read more
Global Markets: G20 to meet in Rome
By MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Leaders of the Group of 20 countries, including Canada’s Justin Trudeau and United States President Joe Biden, will meet in Rome this weekend to talk in person for the first time in more […] Read more
Global Markets: Moscow locks down to curb COVID-19
By MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Moscow is imposing its strictest lockdown measures of the past year in an effort to curb rising COVID-19 infections and deaths in the country. Only essential businesses will be allowed to operate during […] Read more
Global Markets: Tax on U.S. billionaires proposed
By MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A new tax on billionaires is being proposed by Democrat Senators in the United States in an effort to create alternative revenue sources and pay for President Joe Biden’s sweeping policy agenda. The […] Read more