Global Markets: Rotating postal strikes enter fifth week

By Commodity News Services Canada WINNIPEG, Nov. 13 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Little progress was made over the weekend in the Canada Post labour dispute, now in its fifth week, as rotating strikes continue across the country. Prime Minister Justin Trudeau

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – The Canadian dollar is down Friday morning and is under the 76 U.S. cent mark. At 8:51 CST Friday morning the Canadian dollar was at US$0.7577 or C$1.3191, which compares with Thursday’s North American close of US$0.7625 or C$1.3114. Oil prices Friday morning slipped


Global Markets: Keystone XL hits another roadblock

By Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The TransCanada Keystone XL pipeline ran into another roadblock on Thursday, as a federal judge in Montana granted an injunction halting the project pending further environmental review from the

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – The Canadian dollar is slightly down Thursday morning. At 8:33 CST Thursday morning the Canadian dollar was at US$0.7631 or C$1.3101, which compares with Wednesday’s North American close of US$0.7636 or C$1.3096. Bombardier Inc. announced Thursday morning it was cutting 5,000 jobs as the


Global Markets: Bombardier cuts 5,000 jobs

By Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canadian train and airplane manufacturer Bombardier Inc. has announced it is cutting 5,000 jobs as part of restructuring efforts, with 3,000 of those cuts coming in Canada. – The



Global Markets: U.S. midterm elections followed closely

By Commodity News Service Canada WINNIPEG, Nov. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The U.S. midterm elections are being held Tuesday, Nov. 6, with positioning ahead of the vote results likely to lead to choppiness in the equity and commodity markets. –

Global Markets: China’s Xi promises to lower tariffs

By Commodity News Service Canada WINNIPEG, Nov. 5 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Speaking at the China International Import Expo, Chinese President Xi Jinping made promises to increase imports from other countries, broaden market access and lower tariffs. The comments came following



Global Markets: Expect interest rates to rise – Poloz

By Commodity News Services Canada WINNIPEG, Nov. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Appearing before the House of Commons finance committee, Bank of Canada Governor Stephen Poloz said Canadians should expect interest rates to rise to three per cent; however there was