Global Markets: Champagne, Wang discuss Canadians in Chinese custody

Spavor, Kovrig facing espionage charges

By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Foreign Minister Francois-Philippe Champagne and Chinese state councilor Wang Yi discussed the plight of Michael Spavor and Michael Kovrig, the two Canadians detained in China since December 2018. Spavor and Kovrig were […] Read more

Global Markets: U.S., China reaffirm Phase One despite tensions

Lumber ruling in Canada's favour

By MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – High level trade officials from the United and China reaffirmed their commitment to the Phase One trade deal during a telephone conversation on Tuesday. The two countries signed the agreement in January, but […] Read more



Global Markets: Finance minister announces post-CERB plan for Canadians

By MarketsFarm WINNIPEG, Aug. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canada’s finance minister Chrystia Freeland and Carla Qualtrough, minister of employment, workforce development and disability inclusion, announced an extension to the Canadian Emergency Response Benefit (CERB) on Thursday. CERB was originally scheduled to expire […] Read more



Global Markets: Canada’s finance minister resigns

By MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Bill Morneau is stepping down from his position as Canada’s finance minister. In the midst of the Canadian economy recovering from the ill effects of the COVID-19 pandemic, Morneau said “it’s the right time […] Read more



Global Markets: Israel, UAE to begin diplomatic relations

U.S. brokers Middle East deal

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In a major breakthrough, Israel and the United Arab Emirates agreed to normalize relations between the two Middle East countries on Thursday, in a deal brokered by the United States. To achieve the […] Read more


Global Markets: U.S. jobless claims down

Crude oil demand expected to drop

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States Department of Labor reported on Thursday that the number of new applicants for unemployment benefits slipped under 1 million for the first time since the COVID-19 pandemic began in March. […] Read more

Global Markets: Harris’s political star rises, Morneau’s is sinking

Union, automakers begin contract talks

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Democrat presidential nominee Joe Biden announced on Tuesday that first-term United States Senator Kamala Harris will be his running mate in November’s election. Harris is the first African-American woman, first Asian-American and the […] Read more