Global Markets: Canadian employment steady in March

By MarketsFarm

WINNIPEG, April 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Canada’s unemployment rate held steady at 5.8 per cent in March, with employment growing at a 1.8 per cent rate on an annual basis, according to the latest labour report from Statistics Canada.

– United Kingdom Prime Minister Theresa May has formally requested a delay in Brexit until the end of June, as UK Members of Parliament are still working on a withdrawal deal before the current April 12 deadline. The European Union holds its own Parliamentary elections on May 23, and the UK will participate if they have not reached an exit deal before then.

– Foreign actors are likely to try and meddle in Canada’s upcoming federal election, warned Canadian Foreign Affairs Minister Chyrstia Freeland on Friday. Speaking at G7 meeting of foreign ministers, Freeland said she was “very concerned” about outside interference in the election.

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