Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Friday that retail sales in January were up 1.1 per cent month-to-month at C$70.7 billion, driven by sales of motor vehicles and parts. Six of nine subsectors saw their sales rise during

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Iran attacked a Saudi refinery on the Red Sea as well as facilities in Qatar and Kuwait on Thursday, in retaliation for Israel’s strike on the South Pars offshore oil field on Wednesday. A vessel was

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The Bank of Canada announced on Wednesday it will not change its key interest rate, leaving it at 2.25 per cent. The decision was widely expected from economists, despite the war in the Middle East and

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Israel’s defence minister said its military killed Iranian security chief Ali Larijani and Gholan Reza Soleimani, the head of the Revolutionary Guard’s Basij militia, in a “wave of strikes” on Tuesday. Both Larijani and Soleimani were

The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Monday that the country’s annual inflation rate declined to 1.8 per cent in February, down a half point from January and slightly under economists’ expectations. Affecting inflation was the federal government’s tax holiday on certain

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate edged up 0.2 points in February to 6.7 per cent, reported Statistics Canada. Employment declined by 84,000, with the largest losses in Quebec, British Columbia, Saskatchewan and Manitoba. Employment increased in Newfoundland and Labrador and

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The ongoing war in the Middle East showed no signs of easing on Thursday, with continued attacks from both sides. Iran’s new Supreme Leader Mojtaba Khamenei issued his first statement since the start of the war but did

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Three cargo ships were reportedly struck off the coast of Iran on Wednesday, with Iranian drones also targeting the Dubai airport and oil facilities in neighbouring countries. The United States said it had sunk several Iranian vessels, including

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were weaker Tuesday morning, continuing to back away from the three-year highs hit early Monday as investors reacted to the latest comments from United States President Donald Trump claiming the war in the Middle East

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The escalating conflict in the Middle East sent crude oil values climbing higher, while the resulting threat of inflation weighed heavily on world equities. Agricultural futures were mostly higher. Iran named Mojtaba Khamenei as its new Supreme Leader,