Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.
– A Canadian has died in Iran during widespread anti-government protests, said Global Affairs Canada and confirmed by CTV News on Thursday. Consular officials have been in touch with the person’s family in Canada. No other details about the individual will be released to the public due to privacy concerns. The Human Rights Activists News Agency said the protests have left more than 2,500 people dead over the past two weeks.
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Global Markets: Carney lands in China
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canadian…
– Canadian Prime Minister Mark Carney witnessed the signing of a memorandum of understanding between energy and natural resources minister Tim Hodgson and his Chinese counterpart on Thursday. The MOU stated both countries will continue talks on oil and gas resource development, liquefied natural gas and emissions reductions. Canadian Foreign Affairs Minister Anita Anand said discussions between Canadian and Chinese officials with regards to tariffs have been productive. Carney himself met with top officials from Chinese firms and banks. He is expected to meet with Chinese President Xi Jinping later during the visit.
– The White House meeting on Wednesday between officials from the United States, Denmark and Greenland saw no progress in dissuading U.S. President Donald Trump from acquiring Greenland. After the meeting, Denmark’s military announced that it will send more troops to the island, accompanied by those from NATO allies including Germany, Norway, Sweden and the United Kingdom. Trump has been adamant that a U.S. takeover of Greenland is essential to national security as a way to deter Russia and China.
– Canadian manufacturing sales dropped 1.2 per cent at C$70.8 billion in November, said Statistics Canada on Thursday. Sales of motor vehicles fell 15.9 per cent month-by-month, while parts sales declined by 6.3 per cent. However, sales of petroleum and coal products were 6.8 per cent higher. In another report, wholesale sales excluding petroleum, hydrocarbons, grains and oilseeds, were down 1.8 per cent at C$84.4 billion.
