Global Markets: Canada adds 21,000 jobs in September

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added 21,000 jobs in September for its first monthly gain in four months, according to a report from Statistics Canada released on Friday. That brought the jobless rate down 0.2 of a point to 5.2 per

Global Markets: OPEC+ to cut production in November

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The OPEC+ alliance of oil-exporting countries announced on Wednesday it will cut crude oil production by two million barrels per day starting in November, the largest production cut since 2020. However, the impact of the production cuts on


Global Markets: Putin signs territories into law

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin signed laws on Wednesday in an attempt to annex four Ukrainian territories. Last week, Russia held referendums in its occupied territories to absorb the Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhzhia, which were

Global Markets: Legault, CAQ re-elected to second majority

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Coalition Avenir Quebec (CAQ), led by incumbent Premier Francois Legault, expanded on its majority in the province’s National Assembly after winning or leading in 89 out of 125 seats in Quebec’s general election on Monday. It was the


Global Markets: Quebecers go to the polls

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Millions of voters are expected to line up at polling stations across Quebec on Monday for the province’s general election. Out of 6.3 million eligible voters, 23 per cent have cast an early ballot, almost double the percentage

Global Markets: The National Day for Truth and Reconciliation

Residential schools designed to 'erase the Indian' from Indigenous children

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Friday marked the second annual National Day for Truth and Reconciliation in Canada – to remember the victims and survivors of the country’s former residential school system. For well over


Global Markets: Ian hits Florida

Downgraded from Category Four to tropical storm

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Ian arrived over Florida on Wednesday afternoon and quickly caused widespread damage with winds clocked at about 240 kilometres per hour. Governor Ron DeSantis stated that Ian was a

Global Markets: Indigenous/Metis group acquires share in pipelines

Paying more than $1.1B to Enbridge

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At a cost of more than C$1.1 billion, 23 First Nations and Metis communities will acquire an 11.6 per cent share in seven of Enbridge’s pipelines in Alberta. Enbridge Inc.


Global Markets: World Bank nearly halves China’s economic growth

COVID-19, interest rate hikes curtail five per cent projection

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The World Bank slashed its projection on Tuesday for economic growth in China for 2022 from the five per cent to now 2.8 per cent. The World Bank noted China

Global Markets: Greenback soars to new high

Crude oil slides, production cuts looming

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States dollar continued to surge on Monday, setting a new 52-week high on the U.S. Dollar Index. Weighted against six other major world currencies, including the Canadian dollar,