GFM Network News



Global Markets: U.S. weekly jobless claims increase

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Despite the prospects of a recovering economy after the COVID-19 pandemic, weekly jobless claims in the United States unexpectedly rose for the week ended July 17. Claims for benefits increased by 51,000 to 419,000 in total, exceeding the


Global Markets: CBSA agents consider strike action

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada Border Services Agency officers will vote this week whether or not to take strike action, potentially creating a major setback towards the federal government’s plans to re-open the Canada/United States border. More than 8,500 officers, who have

Global Markets: Canada to allow international travelers

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Monday it was easing some of its border restrictions, allowing fully vaccinated American travelers into the country starting Aug. 9. Fully vaccinated travelers from elsewhere can enter Canada starting on Sept. 7. Travelers




Global Markets: COVID-19 cases, deaths increasing: WHO

WINNIPEG, July 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The World Health Organization (WHO) reported on Wednesday that during the last week, the number of COVID-19-related deaths had increased for the first time in nine weeks, a three per cent increase to 55,000 deaths.

Global Markets: Bank of Canada to make rate announcement

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) will update its economic outlook later today, including whether or not the central bank decides to taper off its bond-buying program. Analysts expect both of the BoC’s first-quarter and second-quarter projections from last



Global Markets: Branson rockets into space

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Richard Branson, the billionaire founder of The Virgin Group of companies, went into space on Sunday. Branson and five crewmates from his Virgin Galactic space-tourism company reached an altitude of 88 kilometres over New Mexico for the adventure