Global Markets: Feds table first budget in two years

WINNIPEG, March 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian federal government announced on Tuesday it will table its first budget since 2019 in the House of Commons on April 19. In the government’s fall economic statement last November, it projected a deficit

Global Markets: Powell, Yellen to testify to U.S. Congress

WINNIPEG, March 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Stock index futures in the United States declined in early trading on Tuesday as investors await testimony by both Federal Reserve chair Jerome Powell and Treasury secretary Janet Yellen in congressional hearings later today. Investors



Global Markets: Speedy, secret trial for Michael Spavor

Michael Kovrig's trial soon to follow

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After only two hours, the espionage trial for Canadian Michael Spavor came to an end on Friday. Spavor, along with Michael Kovrig were detained by Chinese officials shortly after Canadian


Global Markets: B117 cases on the rise in Canada

Almost 4,000 cases of deadlier variant reported

Compiled by Glen Hallick, MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Worries are rising in Canada over the B117 variant of COVID-19 with nearly 4,000 cases reported across the country on Wednesday. Ontario leads with 1,134 cases, followed by Alberta with

Global Markets: Canada’s inflation increases in February

Higher gasoline prices behind the increase

By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada said on Wednesday that the country’s consumer price index was up in February largely due to increases in higher gasoline prices. The annual pace of inflation last month gained 1.1 per


Global Markets: Vast majority of Canadians have low opinion of China

Angus Reid Institute releases poll

By MarketsFarm WINNIPEG, March 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – An opinion poll released on Tuesday by the Angus Reid Institute found that Canadians’ views towards China are at an all-time low. Seventy-five per cent of the poll’s respondents agreed that Canada-China relations

Global Markets: Rogers to acquire Shaw for C$26 billion

Rogers to expand 5G and rural, Indigenous Internet

By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Rogers Communications announced on Monday that it’s acquiring Shaw Communications for C$26 billion. The deal includes Rogers purchasing shares in Shaw at C$40.50 each, investing C$2.5 billion in 5G network capacity throughout Western


Global Markets: Canadian jobs growth top expectations

By MarketsFarm WINNIPEG, March 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada added 259,000 jobs in February, posting the largest monthly increase since September 2020, according to Statistics Canada data. The jobs growth came in well above market expectations and helped the unemployment rate

Global Markets: One year since WHO declares global pandemic

Worldwide deaths top 2.62 million people

Complied By Glen Hallick, MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Thursday marks one year since the World Health Organization declared COVID-19 to be a global pandemic. So far, more than 118.15 million people around the world contracted the coronavirus, which