Global Markets: Feds already trying to sell Trans Mountain

By Commodity News Service Canada
WINNIPEG, June 1, 2018 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
Tim Hortons is trying to cash in on National Doughnut
Day by offering a limited run doughnut breakfast sandwich.
The Honey Dip Donut Breakfast Sandwich includes cheese,
meat and eggs, sandwiched between a honey dip doughnut. The
sandwich is available at all Tim Hortons locations Friday
during breakfast hours, for one morning only.
The Canadian government is already trying to sell the

Trans Mountain pipeline, after agreeing to buy it only a
few days ago. The government has sent out marketing
materials for the pipeline to several potential buyers with
the goal of selling by the shareholder vote on the sale at
the end of July. The goal is to have a new buyer in place
by the vote and to potentially turn a profit.
United States hiring rose more than forecasted in May,
according to data release by the U.S. Labor Department
Friday. Wages picked up and the unemployment rate matched
the lowest rate in almost five decades. Payrolls increased
to 223,000, while hourly wage earnings rose by 2.7 per cent
from a year earlier. The jobless rate dropped to 3.8 per
cent from 3.9 per cent to match April 2000 as the lowest
since 1969.
U.S President Donald Trump took aim at Canadian
agriculture on Twitter Friday morning. Trump tweeted,
“Canada has treated our Agricultural business and Farmers
very poorly for a very long period of time. Highly
restrictive on Trade! They must open their markets and take
down their trade barriers! They report a really high
surplus on trade with us. Do Timber & Lumber in U.S.?”

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