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Global Markets: Canada studies new federal holiday

By Commodity News Service Canada

Aug. 16 (CNS Canada) – The following is a glance at the news
moving markets in Canada and globally.

– A state of emergency continues for all of British Columbia
with 566 fires burning out of control. Currently, 3,050 people
have been ordered to evacuate and another 48 evacuation alerts
have another 19,000 people one step away from having to evacuate
their homes. Air quality warnings have been issued for parts of
B.C., Alberta, Saskatchewan and Manitoba.

– Ottawa plans to declare a federal holiday to commemorate the

tragic history of Canada’s residential school system. It would
fulfil a recommendation set out by the Truth and Reconciliation
Commission. Heritage Minister Pablo Rodriguez said the
government was consulting with indigenous peoples to determine
the best date.

– Hundreds of newspapers across the United States have published
co-ordinated editorials, opinion pieces separate from news,
defending press freedom and criticizing U.S. President Donald
Trump for saying some media organizations are enemies of the

– The United States and China have said they would resume trade
talks later this month as the tariff war between the two
countries ratchets higher.

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