Global Markets: Evacuation efforts underway in Kelowna, Yellowknife

Wildfires as threat to B.C., NWT cities

Compiled by MarketsFarm   WINNIPEG, Aug. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Wildfires continued to pose a major threat in Canada, with Kelowna having issued evacuation orders on Friday for the British Columbia city’s northern neighbouhood. Kelowna, with about 150,000 people, has been […] Read more

Global Markets: Yellowknife being evacuated

Approximately 22,000 people on the move

Compiled by MarketsFarm   WINNIPEG, Aug. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Officials in the Northwest Territories ordered the evacuation of Yellowknife on Wednesday, giving the approximately 22,000 people in the city until noon Friday to leave. A wildfire closed within 17 kilometers […] Read more


Global Markets: N.W.T. declares state of emergency

By MarketsFarm   WINNIPEG, Aug. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   The Northwest Territories has declared a state of emergency as wildfires threaten the capital of Yellowknife. Evacuation alerts have been issued for parts of the city, with other communities already evacuated.   […] Read more

Global Markets: Inflation picks up steam in July

Drop in fuel prices slows from a year ago

Compiled by MarketsFarm   WINNIPEG, Aug. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   As expected, Canada’s consumer price index rose in July as declines in fuel prices slowed. Statistics Canada reported on Tuesday that annualized inflation for last month was 3.3 per cent, up […] Read more


Global Markets: July’s inflation expected to edge up

June's CPI the lowest in more than two years

Compiled by MarketsFarm   WINNIPEG, Aug. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ahead of the next consumer price index report from Statistics Canada, a survey by CTV News said on Monday economists are expecting inflation to nudge upward. The CPI was projected to […] Read more

Global Markets: Oil prices to rise

By MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Oil prices will potentially climb higher through 2023 before running into economic headwinds in 2024, according to a new report from the International Energy Agency (IEA). “Deepening OPEC+ supply cuts have collided […] Read more


Global Markets: Ecuador presidential candidate assassinated

By MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Ecuadorean presidential candidate Fernando Villavicencio was assassinated on Wednesday while at a campaign event in the South American country’s capital, Quito. Villavicencio, a former journalist, was a vocal critic of organized crime […] Read more



Global Markets: Canadian trade deficit widens

By MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s merchandise trade deficit widened to C$3.7 billion in June, from C$2.7 billion the previous month, as exports dipped by 2.2 per cent and imports were down by 0.5 per cent, according […] Read more

Global Markets: Canadian unemployment rate edges higher

By MarketsFarm   WINNIPEG, Aug. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.   Canada’s unemployment rate increased 0.1 percentage point in July, hitting 5.5 per cent, according to a report from Statistics Canada. That marked the third consecutive monthly increase.   Ukrainian sea drones reportedly […] Read more