By Commodity News Service Canada
WINNIPEG, June 20 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally.
– Pope Francis has criticized the United States policy of separating immigrant families trying to enter the U.S. through Mexico calling it “contrary to our Catholic values…”. U.S. President Donald Trump has enacted a zero-tolerance immigration policy, holding adults in jail to await prosecution, while children are sent to government shelters.
– Farm equity rose C$34.6 billion in Canada year over year, from Dec. 31, 2016 to Dec. 31, 2017, based on Statistics Canada data released today. Farm equity at the end of 2017 stood at C$535.3 billion, an increase of 6.9 per cent.
– Canada’s Bombardier has switched focus from its money-losing C-Series commercial jets to its regional jets, turbo-props and a line of business jets.
– Walt Disney has increased its offer for Twenty-First Century Fox to US$71.3 billion this morning, beating a bid of US$65 billion from rival Comcast Corp.