Global Markets: Fiscal update likely to curb Liberal promises

Freeland to announce spending measures today

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland will present the federal government’s fiscal update today in the House of Commons. This comes a day after Freeland and Bank of Canada Governor

Global Markets: Bank of Canada to get new marching orders

Highest inflation in 18 years

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland and Bank of Canada (BoC) Governor Tiff Macklem are scheduled to announce the central bank’s new direction in combating inflation on Monday. Expectations are


Global Markets: U.S. inflation highest since 1982

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Bureau of Labor Statistics reported on Friday that the country’s inflation rate reached 6.8 per cent in November, the highest level since 1982 and 0.8 percentage points higher than in October. Higher costs in gasoline,




Global Markets: Biden, Putin set for call over Ukraine

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden and Russian President Vladimir Putin will hold a video conference call on Tuesday, which many expect Biden will attempt to dissuade Putin from a possible invasion of Ukraine. Tens of thousands of Russian


Global Markets: Canada’s ambassador to China steps down

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Michael Barton, Canada’s ambassador to China, is stepping down from his post effective Dec. 31, three months after securing the release of Michael Kovrig and Michael Spavor, Canadian citizens who were detained in China for three years. Barton

Global Markets: Canada’s jobless rate hits pandemic low

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added 154,000 jobs in November, which brought down the jobless rate to a pandemic-low six per cent, according to a report from Statistics Canada released on Friday. In addition, 183,000 more people had a job last