Global Markets: Trudeau to provide update on wildfires

WINNIPEG — The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau, along with Emergency Preparedness Minister Bill Blair and Environment Minister Steven Guilbeault, will provide an update later today on the wildfire situations across Canada. More than 150 fires were burning in Quebec, causing


Global Markets: U.S. jobs growth beats expectations

By MarketsFarm   WINNIPEG, June 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Jobs growth in the United States beat expectations in May, with the country’s nonfarm payrolls up by 339,000 jobs, according to a report from the Labor Department. The solid jobs data was

Global Markets: Russia reportedly thwarts Ukrainian incursion

By MarketsFarm   WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Russia reportedly repelled several cross-border attacks from Ukraine, killing at least 30 Ukrainian soldiers, according to reports out of Moscow. Meanwhile, Russian aerial assaults on Kyiv continued, with the latest casualties including


Global Markets: U.S. House to vote on debt ceiling bill

By MarketsFarm   WINNIPEG, May 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The United States House of Representatives will vote Wednesday on a bill to raise the government’s debt ceiling and help avoid a default that could come within the next week. Republicans control

Global Markets: Alberta re-elects UCP

By MarketsFarm   WINNIPEG, May 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Alberta re-elected the United Conservative Party to a second term on Monday, with the Danielle Smith-led party leading in 49 ridings and the opposition-New Democratic Party ahead in 38.   Out-of-control wildfires near


Global Markets: Erdogan re-elected in Turkey

By MarketsFarm   WINNIPEG, May 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Incumbent Turkish President Recep Tayyip Erdogan was re-elected in a runoff vote held over the weekend, securing 52 per cent of the vote. That compares with 48 per cent for his challenger,

Global Markets: U.S. debt ceiling issue lurches towards agreement

Biden, McCarthy seeking two-year deal

Compiled by MarketsFarm   WINNIPEG, May 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Reports said on Friday that United States President Joe Biden and House Speaker Kevin McCarthy could reach an agreement on the federal government’s debt ceiling as early as this weekend. Although


Global Markets: TD, RBC report lower Q2 profits

CIBC says its Q2 profit is up

Compiled by MarketsFarm   WINNIPEG, May 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Two more of Canada’s major banks reported their second quarter profits were lower than the same time last year. On Thursday, the TD Bank Group said its Q2 profit for 2023

Global Markets: BMO, Scotiabank Q2 profits down

Q2 revenues also lower

Compiled by MarketsFarm   WINNIPEG, May 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Two major Canadian banks reported on Wednesday their second quarter profits were lower than a year ago. The BMO Financial Group said its Q2 revenue totaled C$8.44 billion, down from last