Global Markets: Canada’s trade surplus shrinks

Record highs for imports, exports

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s trade surplus narrowed by C$778 million in July, according to a Statistics Canada report released on Thursday. The report noted imports increased by 4.2 per cent, hitting a record […] Read more

Global Markets: Opposition mounting to CN’s bid to acquire KCS

Baskin Wealth wants deal nixed altogether, TCI demands resignations

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Baskin Wealth Management called on Canadian National Railway (CN) on Thursday to give up its pursuit to acquire the Kansas City Southern Railway (KCS). The US$30 billion deal was blocked […] Read more


Global Markets: Board blocks CN acquisition of KCS

CN needs to rework takeover deal if it wants to continue

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian National Railway’s (CN) attempt to acquire the Kansas City Southern Railway (KCS) was dealt a severe blow on Tuesday when the United States Surface Transportation Board (STB) blocked the […] Read more

Global Markets: The U.S. leaves Afghanistan

U.S. airlift evacuates 123,000

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After two decades the United States pulled out of Afghanistan on Tuesday, making it the longest war the superpower has fought. During the extensive airlift, the U.S. military estimated they […] Read more





Global Markets: Explosion near Kabul airport

WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Pentagon confirmed that there was an explosion outside the Kabul airport on Thursday, although casualties are unknown as evacuation efforts continue in Afghanistan. The United States is facing a Aug. 31 deadline to leave […] Read more

Global Markets: U.S. House passes budget blueprint

By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives has passed President Joe Biden’s multitrillion-dollar budget blueprint, ending a standoff with more moderate democrats that had threatened to stall economic recovery in the country. All Republicans […] Read more