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WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Bureau of Labor Statistics reported on Friday that the country’s inflation rate reached 6.8 per cent in November, the highest level since 1982 and 0.8 percentage points higher than in October. Higher costs in gasoline, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – 2022 will see the largest annual increase of food prices on record in Canada, according to the Canada Food Price Guide published by Dalhousie University and the University of Guelph and released on Thursday. Food price inflation, bolstered […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) is not expected to raise its overnight benchmark interest rate of 0.25 per cent in its latest policy decision on Wednesday, but many speculate it will still give a preview on what the […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden and Russian President Vladimir Putin will hold a video conference call on Tuesday, which many expect Biden will attempt to dissuade Putin from a possible invasion of Ukraine. Tens of thousands of Russian […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Michael Barton, Canada’s ambassador to China, is stepping down from his post effective Dec. 31, three months after securing the release of Michael Kovrig and Michael Spavor, Canadian citizens who were detained in China for three years. Barton […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s economy added 154,000 jobs in November, which brought down the jobless rate to a pandemic-low six per cent, according to a report from Statistics Canada released on Friday. In addition, 183,000 more people had a job last […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The White House announced on Wednesday that air travellers flying into the United States now have to get a COVID-19 test no earlier than the day before their departure in the latest measure to combat the Omicron COVID-19 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – At its daily press briefing on Tuesday, the White House said there are no immediate plans to tighten the Canada/United States border due to the Omicron COVID-19 variant. “The president’s decisions related to travel restrictions will be based […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Tuesday that Canada’s gross domestic product (GDP) grew by 1.3 per cent from July to September as the easing of COVID-19 restrictions allowed for more consumer spending. The total value of all goods and […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Ontario government announced on Sunday the discovery of two confirmed cases of the newly-identified Omicron COVID-19 variant, the first cases in Canada. Both cases were diagnosed in individuals who have recently travelled to Nigeria. On Friday, Canada […] Read more