Global Markets: Canada’s economy shrinks in Q2

Lower growth in Q1

Compiled by MarketsFarm   WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s economy contracted by an annualized rate of 0.2 per cent during the second quarter of 2023, according to a report from Statistics Canada on Friday. StatCan pointed to declines in […] Read more

Global Markets: Ontario housing minister to keep job

Ford defends beleaguered minister

Compiled by MarketsFarm   WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   In the midst of a growing scandal, Ontario premier Doug Ford reiterated on Thursday that Municipal Affairs and Housing Minister Steve Clark will remain in his cabinet post. Clark has come […] Read more


Global Markets: Idalia strikes Florida

Hits corner of panhandle at category 3

Compiled by MarketsFarm   WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Hurricane Idalia made landfall on Florida’s west coast on Wednesday, striking at the corner of the state’s panhandle. The category three hurricane has been forecast to create storm surges […] Read more

Global Markets: Hurricanes threaten Florida, East Coast  

Idalia category 3, Franklin category 4

Compiled by MarketsFarm   WINNIPEG, Aug. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Tropical Storm Idalia was upgraded to a level three hurricane on Tuesday, as it moved towards the Florida Gulf Coast. Winds are projected to reach 180 kilometers per hour by Wednesday […] Read more


Global Markets: Autoworkers say they’re set to strike

Strike vote nearly unanimous

Compiled by MarketsFarm   WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Over the weekend, workers at Ford, General Motors and Stellantis were almost unanimous in their granting Unifor a strike mandate. The results reflect a similar vote among autoworkers in the United […] Read more

Global Markets: Fed chair Powell to deliver speech

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – U.S. Federal Reserve chair Jerome Powell will deliver a speech in Jackson Hole, Wyo. on Friday, with many observers believing he will keep benchmark interest rates at high levels for longer than expected. However, Powell has not indicated […] Read more


Global Markets: Prigozhin believed to be dead

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Yevgeny Prigozhin, the Wagner Group mercenary leader who led a brief armed rebellion against Russian President Vladimir Putin two months ago, is believed to be dead after the plane he was on crashed north of Moscow on Thursday. […] Read more

Global Markets: Retail sales increase in July

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada in July increased by 0.4 per cent from June, according to an estimate from Statistics Canada released on Wednesday. It was the largest month-to-month gain since April. In June, retail sales increased by 0.1 […] Read more


Global Markets: Incoming heat could spread NWT wildfires

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Wildfires continue to burn in the Northwest Territories with approximately 68 per cent of the territory’s residents already evacuated. While light rainfall and winds helped prevent the spread, warmer than normal temperatures are expected for Tuesday in some […] Read more

Global Markets: B.C. residents allowed to return home

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Fire officials in British Columbia announced on Sunday that conditions were improving after wildfires destroyed several homes in and around Kelowna, forcing residents to evacuate. Some residents are now allowed to return home, but will still be under […] Read more