Global Markets: Climate change poses huge cost to economy

Report cites water as primary reason

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Climate change could lead to a C$139 billion loss in the Canadian economy over the next 30 years, according to a report released on Monday by global engineering firm GHD. […] Read more



Global Markets: U.K. facing 80 per hike in power costs

Inflation already expected to be 13 per cent

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – With the onset of winter only a few months away, the United Kingdom is facing an 80 per cent hike in electricity and gas bills, according to the Office of […] Read more

Global Markets: Growing support for crude cuts

But Iran deal could lift oil sanctions

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Prices at the fuel pump could rise again as the OPEC+ alliance is poised to cut crude oil production. Reports on Thursday said Iraq and Kuwait threw their support behind […] Read more


Global Markets: Canadian minerals for European batteries

Purchasing lithium, nickel, cobalt and graphite

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As part of German Chancellor Olaf Scholz’s visit to Canada, an agreement was signed on Tuesday that will see Canadian lithium, nickel, cobalt and graphite purchased by Volkswagen and Mercedes-Benz. […] Read more

Global Markets: Scotiabank sees quarterly improvement

Other big banks to follow with their reports

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At nearly C$2.6 billion in profits during the third quarter, the Bank of Nova Scotia reported on Tuesday that’s almost a two per cent improvement over the same quarter a […] Read more


Global Markets: Ukraine wants turbine waiver nixed

Turbines crucial to Germany's gas imports from Russia

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ukraine issued a demand on Monday that called on Canada to cancel a special waiver regarding gas turbines are that are crucial to Germany’s natural gas imports from Russia. The […] Read more

Global Markets: Michigan judge sides with Enbridge

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A Michigan state judge declared on Thursday that the dispute between Michigan Governor Gretchen Whitmer and Enbridge Inc.’s Line 5 cross-border oil and gas pipeline should be settled in federal court, siding with the latter. Since December 2020, […] Read more


Global Markets: UN chief visits Ukraine

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United Nations Secretary-General Antonio Guterres will meet with Ukrainian President Volodymyr Zelensky and Turkish President Recep Tayyip Erdogan in the Ukrainian city of Lviv on Thursday. They will discuss solutions to the war, address global food supplies and […] Read more

Global Markets: Canada’s inflation rate drops

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time in a year, Canada’s annual rate of inflation dropped from the month before. Statistics Canada reported on Tuesday that the rate declined 0.5 percentage points to 7.6 per cent in July. Gasoline prices were […] Read more