Global Markets: Feds to buy Trans Mountain pipeline

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



Global Markets: OPEC considers raising oil output

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






Global Markets: Canadian inflation at 2.2%

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

Global Markets: Japanese economy shrinks in first quarter

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


Global Markets: Canadian house prices decline

By Commodity News Service Canada WINNIPEG, May 15 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Average Canadian house prices declined by more than 11 per cent on an annual basis as of April, according to a report from the Canadian Real Estate Association. New […] Read more