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Global Markets: Canadian economy adds nearly 240,000 jobs

By MarketsFarm WINNIPEG, June 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy added 239,600 jobs in May, which beat out expectations for the month. The unemployment rate rose to 13.7 per cent, according to Statistics Canada. Economists predicted 500,000 jobs would be lost,

Global Markets: 10,000 protestors arrested across U.S.

By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Former Minneapolis police officer Derek Chauvin has been charged with second-degree murder for kneeling on George Floyd’s neck, upgraded from the initial charge of third-degree murder. The three police officers who watched it happen

Global Markets: Global protests against police brutality

By MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Demonstrations around the world were held in solidarity with protestors in the United States marching against police brutality. There have been reports of marches in all 50 U.S. states, Canada, France, Australia, the Netherlands,


Global Markets: Canada’s GDP plummets

Protests in Minneapolis, Louisville

By MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that Canada’s gross domestic product shrank 8.2 per cent in the first quarter of 2020, due to the COVID-19 pandemic. That made for the largest decline in the



Global Markets: Judge to rule today on Meng extradition

Federal deficit could top C$260 billion

By MarketsFarm WINNIPEG, May 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A British Columbia Supreme Court judge will rule on Wednesday whether there is double criminality in the extradition case of Huawei executive Meng Wanzhou. In accordance of a bilateral treaty between Canada and

Global Markets: More economic stimulus needed to fend off depression

Boeing cutting 400 jobs in Winnipeg

By MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Outgoing Bank of Canada Governor Stephen Poloz commented on Monday that the Canadian economy continues to require large amounts of economic stimulus due to the COVID-19 pandemic. Poloz, who steps down next week,


Global Markets: New Cold War emerging accuses China

By MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China accused the United States of trying to create a new Cold War. China’s foreign minister said the Trump administration has been blaming China for the COVID-19 pandemic, been critical of its handling