Global Markets: China lifts Canadian cattle ban

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Canada will resume beef exports to China after the latter lifted its ban on Canadian cattle. China prohibited Canadian beef exports beginning in late 2021 after bovine spongiform encephalopathy (BSE) was found on an Alberta farm.

Global Markets: Canadian economy flat in November

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada saw no economic growth in November, Statistics Canada reported on Friday. In October, Canada’s economy dipped 0.3 per cent. StatCan said goods-producing industries slipped 0.3 per cent in November, while services-producing industries


Global Markets: Oil rising amid Iran uncertainty

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were climbing sharply higher Thursday as United States President Donald Trump renewed threats against Iran over its nuclear program. Trump warned on social media that “the next attack will be far worse!” than those carried

Global Markets: BoC holds rates steady

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The Bank of Canada held its key overnight interest rate steady at 2.25 per cent in its latest policy announcement Wednesday morning. Governor Tiff Macklem said uncertainty around the forecast was “heightened” in a prepared statement, pointing to



Global Markets: Retail sales improve in November

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. November retail sales were up 1.3 per cent at C$70.4 billion, Statistics Canada reported on Friday. There were gains in eight of the nine subsectors tracked, with food and beverages retailers leading the


Global Markets: Trump claims progress on Greenland

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump posted on his Truth Social platform on Wednesday that the framework for a future deal on Greenland was agreed to with NATO Secretary General Mark Rutte and Danish

Global Markets: Trump says Canada, Carney not grateful

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As United States President Donald Trump spoke at the World Economic Forum at Davos, Switzerland, on Wednesday, he repeated his demand that Greenland be turned over to the U.S. Also, Trump accused Canada



Global Markets: Inflation climbs in December

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Inflation in Canada during December bumped up to an annualized rate of 2.4 per cent, Statistics Canada reported on Monday. That’s a slight increase from 2.2 per cent in November and where analysts