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Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – The Canadian dollar is down Friday morning and is under the 76 U.S. cent mark. At 8:51 CST Friday morning the Canadian dollar was at US$0.7577 or C$1.3191, which compares with Thursday’s North American close of US$0.7625 or C$1.3114. Oil prices Friday morning slipped […] Read more

Global Markets: Keystone XL hits another roadblock

By Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The TransCanada Keystone XL pipeline ran into another roadblock on Thursday, as a federal judge in Montana granted an injunction halting the project pending further environmental review from the […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – The Canadian dollar is slightly down Thursday morning. At 8:33 CST Thursday morning the Canadian dollar was at US$0.7631 or C$1.3101, which compares with Wednesday’s North American close of US$0.7636 or C$1.3096. Bombardier Inc. announced Thursday morning it was cutting 5,000 jobs as the […] Read more

Global Markets: Bombardier cuts 5,000 jobs

By Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canadian train and airplane manufacturer Bombardier Inc. has announced it is cutting 5,000 jobs as part of restructuring efforts, with 3,000 of those cuts coming in Canada. – The […] Read more


Global Markets: U.S. Democrats take House, Republicans keep Senate

By Commodity News Service Canada WINNIPEG, Nov. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The U.S. midterm elections saw the Democrats win a majority in the House of Representatives, while the Senate went to the Republicans. With the Democrats now holding a check […] Read more

Global Markets: U.S. midterm elections followed closely

By Commodity News Service Canada WINNIPEG, Nov. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The U.S. midterm elections are being held Tuesday, Nov. 6, with positioning ahead of the vote results likely to lead to choppiness in the equity and commodity markets. – […] Read more


Global Markets: China’s Xi promises to lower tariffs

By Commodity News Service Canada WINNIPEG, Nov. 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Speaking at the China International Import Expo, Chinese President Xi Jinping made promises to increase imports from other countries, broaden market access and lower tariffs. The comments came following […] Read more

Global Markets: Canada’s unemployment rate and trade deficit drop

By Commodity News Services Canada WINNIPEG, Nov. 2 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s unemployment rate dropped to 5.8 per cent as employment increased by 11,200 jobs and the labour force shrunk by 18,200 people. The unemployment rate matches the same rate […] Read more


Global Markets: Expect interest rates to rise – Poloz

By Commodity News Services Canada WINNIPEG, Nov. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Appearing before the House of Commons finance committee, Bank of Canada Governor Stephen Poloz said Canadians should expect interest rates to rise to three per cent; however there was […] Read more

Global Markets: Poloz to testify at Finance Committee

By Commodity News Services Canada WINNIPEG, Oct. 30 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Bank of Canada governor Stephen Poloz will testify today in front of the House of Commons finance committee to explain why the bank increased its key interest rates by […] Read more