Global Markets: Federal budget to be tabled

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian Finance Minister Chrystia Freeland will release the government’s latest budget later today, with early details pointing to increased spending on housing. Increased spending on defence, mental health and artificial intelligence are also

Global Markets: Restraint urged between Israel/Iran

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Israel is being cautioned by world leaders not to retaliate after Iran attacked Israeli territory over the weekend. An estimated 99 per cent of the hundreds of drones and missiles launched by Iran


Global Markets: Another issue for China’s lackluster economy

Exports drop by more than predictions

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   In the latest sign of China’s economy continuing to struggle, a report on Friday showed the country’s exports fell 7.5 per cent in March compared to the previous March. High interest

Global Markets: Russia destroys Ukrainian power plant

With more strikes on other power plants

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The coal powered Trypilska thermal power plant near Kyiv was destroyed by a Russian missile and drone strike, according to the reports on Thursday. As well, Russia damaged several other power


Global Markets: BoC hold rates again

Inflation declining, economic to grow

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   The Bank of Canada announced on Wednesday that it will maintain its key interest rate at five per cent. With the consumer price index at 2.8 per cent, according to Statistics

Global Markets: Climate change group wins European court ruling

But court rules against two other cases

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   In a landmark ruling on Tuesday, the European Court of Human Rights said the Swiss government violated the human rights of its citizens by not doing enough to tackle climate change.


Global Markets: Totality for parts of eastern Canada

Eclipse stretching across band of North America

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   A narrow band of North America is set to experience a total solar eclipse on Monday, including parts of southern Ontario, Quebec, and Atlantic Canada. The eclipse will make its way

Global Markets: Canada’s unemployment rate rises

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that Canada’s unemployment rate rose to 6.1 per cent in March, up from 5.8 per cent in February and the largest monthly jump in nearly two years. The economy lost 2,200 jobs


Global Markets: Major storm hits Ontario, Quebec

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A major snowstorm hit eastern Ontario and western Quebec overnight, leaving thousands without power and closing schools in both provinces. Environment and Climate Change Canada reported that 14.5 millimetres of rain and 10.8 centimetres of snow

Global Markets: Earthquake, landslides strike Taiwan

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A 7.2-magnitude earthquake killed nine people and injured more than 800 in Taiwan on Wednesday, the country’s strongest in 25 years. Buildings toppled in the cities of Taipei and Hualien, while landslides were triggered in rural