Archives

By Commodity News Service Canada WINNIPEG, November 1 (CNS) – The following is a glance at the news moving markets in Canada and globally. For the first time in nearly three years, oil made gains for four straight months. Oil gained seven per cent in October and Wednesday it rose to its highest price since […] Read more

By Commodity News Service Canada WINNIPEG, October 31 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy unexpectedly shrank in August. August gross domestic product edged down by 0.1 per cent from July, this is the first month-on-month decline since October, 2016. It was in […] Read more

By Commodity News Service Canada WINNIPEG, October 30 (CNS) – The following is a glance at the news moving markets in Canada and globally. The amount of carbon dioxide in the earth’s atmosphere grew at a record rate in 2016 according to the United Nations. It grew to a level not seen for millions of […] Read more

By Commodity News Service Canada WINNIPEG, October 27 (CNS) – The following is a glance at the news moving markets in Canada and globally. Ottawa is expected to review the $1.5 billion takeover of Calgary-based construction company Aecon Group Inc. by China’s CCC International. It is unlikely to have to weather the bumpy and ultimately […] Read more

By Commodity News Service Canada WINNIPEG, MB, Oct. 27, 2017 (CNS Canada) – The Canadian dollar fell Friday as the price of oil dropped as well. At 8:59 CDT Friday morning the Canadian dollar was at US$0.7744 or C$1.2910 which compares with Thursday’s North American close of US$0.7794 or C$1.2831. Oil prices dropped Friday after […] Read more

By Commodity News Service Canada Oct. 26 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A major Canadian development company has agreed to be sold to an Asian investment firm. Aecon Group Inc. has helped build some of Canada’s most famous landmarks including the CN […] Read more

By Commodity News Service Canada Oct. 25 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada has decided not to adjust the country’s key lending rate. Today the BoC announced it was leaving the interest rate at 1%. The central bank raised […] Read more

By Commodity News Service Canada Oct. 24 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Strong corporate earnings and a rise in hiring helped lift global stock markets. Fiat Chrysler, General Motors and McDonald’s were three major employers who enjoyed generally strong reports. – The […] Read more

By Commodity News Service Canada Oct. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canadian wholesale transactions are on the rise. In the month of August, demand for things like clothes, textiles and motor vehicles lifted whole transactions 0.5%. On a seasonally-adjusted basis that […] Read more

By Commodity News Service Canada WINNIPEG, October 20 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian consumer price index September annual inflation inched up from 1.4 per cent to 1.6 per cent, according to Statistics Canada. Higher gasoline prices helped to push the index higher, […] Read more