Global markets

By Commodity News Service Canada WINNIPEG, May 30 (CNS) – The Canadian dollar rose in value Wednesday, supported by gains in the price of oil. The Canadian dollar settled Wednesday at US$0.7754 or C$1.2897, compared to Tuesday’s North American close of US$0.7680 or C$1.3020. The dollar was also supported by comments from the Bank of […] Read more

By Commodity News Service Canada WINNIPEG, May 30, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. More than 3,000 Canadian Pacific Railway Ltd. workers walked off the job Tuesday night. The strike, by conductors and locomotive engineers who are members of Teamsters Canada Rail Conference, began […] Read more

By Commodity News Service Canada WINNIPEG, May 29, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian government announced Tuesday that it will buy Kinder Morgan Canada Ltd.’s Trans Mountain pipeline project for C$4.5 billion. However the government doesn’t intend to be the long-term owner […] Read more

By Commodity News Service Canada WINNIPEG, May 28, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. More than 3,000 Canadian Pacific Railway train conductors and engineers could strike as early as 10 p.m. EDT on Tuesday if a negotiated settlement isn’t reached. The workers represented by […] Read more

By Commodity News Service Canada WINNIPEG, May 25, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. China is warning of a Canadian investment chill after the Canadian government rejected the Aecon Group Inc. takeover by a Chinese firm, citing concern for national security, on Thursday. Following […] Read more

By Commodity News Service Canada WINNIPEG, May 24, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Alberta has refused to endorse the official statement stemming from the western premiers meeting in Yellowknife because it doesn’t include support for the Trans Mountain pipeline. The final statement deals […] Read more

By Commodity News Service Canada WINNIPEG, May 23, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Dow Chemical Company will open its first new sales centre in more than 20 years in Eastern Canada. The new Toronto office will allow the company to become closer […] Read more

By Commodity News Service Canada WINNIPEG, May 22, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Albert Premier Rachel Notely has decided to skip the Western premiers’ conference this week, as she plans to stay in Alberta to complete a deal to secure the construction of […] Read more

By Commodity News Service Canada WINNIPEG, May 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Germany’s Angela Merkel and Russia’s Vladimir Putin discussed the United States withdrawing from the Iran nuclear deal at a meeting in Sochi, Russia. – Canada’s annual inflation rate came […] Read more

By Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Venezuelan authorities have seized control of the Kellogg cereal factory in the country after the company announced it was shutting down operations due to “economic and social deterioration.” Venezuela’s […] Read more