Global Markets: B.C. port workers give, revoke strike notice

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Just hours after giving a 72-hour strike notice to the British Columbia Maritime Employers Association (BCMEA), International Longshore and Warehouse Union (ILWU) Canada revoked that same notice on Wednesday night, allaying fears of another strike. More than 7,400

Global Markets: B.C. port workers back on strike

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Thousands of workers at B.C. ports are going back to the picket line on Wednesday after failing to ratify a tentative deal reached through federal mediation. More than 7,400 members from the International Longshore and Warehouse Union (ILWU)





Global Markets: Canadian manufacturing sales increase

By MarketsFarm   WINNIPEG, July 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canadian manufacturing sales increased by 1.2 per cent in May, hitting C$72.9 billion, according to a report from Statistics Canada. Chemical products and motor vehicles were both up by 4.8 per cent

Global Markets: OPEC sees world oil demand rising

WINNIPEG – The following is a glance at the news moving markets in Canada and globally.   The Organization of Petroleum Exporting Countries (OPEC) expects worldwide oil demand to increase by 2.44 million barrels per day in 2023 and then by another 2.25 million bpd in 2024, despite economic concerns in China and India, according


Global Markets: Vermont dealing with flood aftermath

By MarketsFarm   WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Vermont is recovering from heavy flooding after receiving two months worth of rain in the span of two days. A state of emergency was declared for the entire state on Tuesday, with

Global Markets: Indonesia seizes Iranian-flagged oil tanker

By MarketsFarm   WINNIPEG, July 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Indonesia has seized an Iranian-flagged supertanker over suspicion it was involved in the illegal transshipment of crude oil. The MT Arman 114 was reportedly carrying 272,569 tonnes of light crude oil, valued


Global Markets: Canadian building permits up 10.5 per cent

By MarketsFarm   WINNIPEG, July 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The value of building permits issued in Canada increased by 10.5 per cent in May compared to the previous month, hitting C$10.5 billion, according to a report from Statistics Canada. Residential permits

Global Markets: Canadian job growth surpasses expectations

But unemployment rises to 5.4 per cent

Compiled by MarketsFarm   WINNIPEG, July 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Friday that approximately 60,000 jobs were added in June, which far exceeded analysts’ job growth projections of 20,000. However, with more young people now searching for work