Global Markets: Unemployment bumps up in Canada, dips in U.S.

Meanwhile one deal gets a yes, the other a no

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Unemployment in Canada rose to 6.6 per cent in August, up from 6.4 per cent in July, according to Statistics Canada on Friday. The increase came despite the economy adding 22,000

Global Markets: NDP cancels deal with Liberals

Singh chastises Trudeau, Poilievre in video

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The possibility of a federal election in Canada coming earlier than expected increased on Wednesday when the opposition New Democratic Party terminated its supply-and-confidence agreement with the governing Liberals. In a


Global Markets: Another interest rate cut by BoC

Says it's committed 'to restoring price stability'

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   As widely expected by analysts, the Bank of Canada lowered its key interest rates by 25 basis points on Wednesday, which brought them to 4.25 per cent. In a statement, the

Global Markets: Canada’s economy grows by 2.1 per cent

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy expanded at an annual rate of 2.1 per cent in the second quarter of 2024, Statistics Canada reported on Friday, exceeding the Bank of Canada’s estimate of 1.5 per cent. Canadian households spent more


Global Markets: Israel kills Islamic militant leader

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israel’s military said it killed five more Palestinian militants, including a local commander, during raids in the West Bank on Thursday. Islamic Jihad leader Abu Shujaa, who was linked to a deadly attack on Israelis in June,

Global Markets: Israel launches large-scale attack

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Israel launched a large-scale military operation in the West Bank early Wednesday morning, killing 10 Palestinian militants and sealing the city of Jenin. Israel said its intention was to uncover militants to prevent attacks on its



Global Markets: Railways workers return to work

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Traffic at Canadian National Railway (CN Rail) and Canadian Pacific Kansas City (CPKC) will resume today after the Canada Industrial Relations Board (CIRB) ordered the members of the Teamster Canada Rail Conference (TCRC) back to work after


Global Markets: CN resuming operations, lockout continues at CPKC

Railway, Teamsters, CIRB to discuss back to work arrangements

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The picket lines were down at Canadian National Railway Friday morning as members of the Teamsters Canada Rail Conference returned to work a day after they were locked out. Yesterday, federal

Global Markets: Lockout at CN, CPKC halts most rail traffic

More than 9,300 workers off the job

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Most rail movement in Canada came to a halt early Thursday morning as more than 9,300 members of the Teamster Canada Rail Conference were locked out by Canadian National Railway and