Global Markets: COVID-19 on the rise in Canada

Kingston is country's COVID hotspot

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Already faced with the Omicron strain of COVID-19 starting to take hold in Canada, the number of reported cases in the country has been spiking. As of Friday morning, approximately […] Read more


Global Markets: Canadian government advises against non-essential foreign travel

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – With the Omicron COVID-19 variant starting to become fast-spreading, the Canadian government advised residents on Thursday not to engage in non-essential foreign travel despite the holiday season. Health Minister Jean-Yves Duclos said the measure will be in place […] Read more

Global Markets: Inflation in Canada stays at 18-year high

Up 0.2 per cent in November, holding at 4.7 per cent

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that inflation in November bumped up 0.2 per cent, holding at 4.7 per cent, the highest since 2003. Reports said extensive delays in the global […] Read more


Global Markets: Fiscal update likely to curb Liberal promises

Freeland to announce spending measures today

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland will present the federal government’s fiscal update today in the House of Commons. This comes a day after Freeland and Bank of Canada Governor […] Read more

Global Markets: Bank of Canada to get new marching orders

Highest inflation in 18 years

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Minister of Finance Chrystia Freeland and Bank of Canada (BoC) Governor Tiff Macklem are scheduled to announce the central bank’s new direction in combating inflation on Monday. Expectations are […] Read more


Global Markets: U.S. inflation highest since 1982

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Bureau of Labor Statistics reported on Friday that the country’s inflation rate reached 6.8 per cent in November, the highest level since 1982 and 0.8 percentage points higher than in October. Higher costs in gasoline, […] Read more