Global Markets: Canada’s GDP grows in October: Stats Can

By Commodity News Services Canada WINNIPEG, Dec. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s gross domestic product grew by 0.3 per cent overall in October, according to Statistics Canada in a report released Friday. The report stated factory production increased by 0.7



Global Markets: China detains third Canadian

By Commodity News Services Canada WINNIPEG, Dec. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Global Affairs Canada reported Wednesday that a third Canadian has been detained in China. Global Affairs didn’t reveal the person’s identity, but stated the Canadian is neither a diplomat


Global Markets: Federal aid on its way to Alberta

By Commodity News Services Canada WINNIPEG, Dec. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – In light of protests in Alberta over the Government of Canada having done little to help the province’s troubled oil and gas industry, today the feds will announce a

Global Markets: Ambassador meets with detained Canadian

By Commodity News Services Canada WINNIPEG, Dec. 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Ambassador to China John McCallum met with Michael Spavor, one of two Canadians detained by China following the arrest of Huawei Chief Financial Officer Meng Wanzhou. Global Affairs


Canadian Financial Close: TSX pulls loonie down

By Commodity News Service Canada WINNIPEG, Dec. 14 (CNS) – The Canadian dollar was weaker at market close, weighed on by a drop in the stock market. The Canadian dollar settled Friday at US$0.7474 or C$1.3379, compared to Thursday’s North American close of US$0.7486 or C$1.3359. Oil prices fell Friday, weighed down by falling United

Global Markets: Canada Goose delays China store opening

By Commodity News Service Canada WINNIPEG, Dec. 14, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada Goose has decided to delay the opening of its flagship store in Beijing, as escalating tensions between China and Canada continue. The company announced on its Weibo account that


Global Markets: Apple expanding U.S. manufacturing

The following is a glance at the news moving markets in Canada and globally. There is concern from exporters in Canada that business could be affected by the ongoing Huawei drama. Professionals in the agriculture, lumber, banking and luxury goods industries are concerned their business dealings with China could fall victim in retaliation. China imported

Global Markets: Huawei CFO granted bail

By Commodity News Service Canada WINNIPEG, Dec. 12, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Britain’s Prime Minister Theresa May will face a no confidence vote later today; this comes following May’s Brexit deal having fallen apart. There are at least 48 Tory members of