Global Markets: U.S. land border to reopen to Canadians

By MarketsFarm

WINNIPEG, Oct. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– The United States will reopen its land border with Canada to fully vaccinated travellers sometime in early November, according to U.S. officials. The border has been closed to non-essential travel since March 2020 due to the pandemic. Details still need to be worked out on mixed doses and the AstraZeneca vaccine, both of which were approved in Canada but not the U.S.

– The European Commission has announced a number of proposals set to help ease the energy crisis in the continent. Energy prices have hit record highs across the EU, with tax cuts and joint fuel purchases among the measures in the proposed ‘toolbox.’

– More than 100 countries have pledged to take action on protecting biodiversity by signing on to the Kunming Declaration at a UN conference in the Chinese city. The declaration calls for “urgent and integrated action” on protecting habits, but details or specific targets were not included.

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