Global Markets: Canadian manufacturing sales dip

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canadian manufacturing sales dipped by 1.0 per cent in August to C$69.4 billion, reported Statistics Canada. Wholesale sales in the country fell by 1.2 per cent to C$85.4 billion. Strong export demand is forecast to cut into grain […] Read more

Canadian Financial Close: C$ weakens with crude oil

Glacier FarmMedia — The Canadian dollar weaker on Tuesday, pressured by losses in crude oil.      The Canadian dollar settled at US$0.7119 or US$1=C$1.4046, which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets were closed Monday for Thanksgiving.      The International Energy Agency raised its forecast for the world oil surplus in 2026 […] Read more



North American grain/oilseed review: Canola climbs higher amid trade optimism

Glacier FarmMedia — ICE canola futures were stronger on Tuesday, as optimism over trade relations with China provided support. While there was no actual movement on reopening the Chinese market to Canadian canola, the country’s ambassador to Canada told reporters over the Thanksgiving weekend that if Canada removed its tariffs on Chinese electric vehicles, China […] Read more


ICE canola boosted by trade optimism

Glacier FarmMedia — The ICE Futures canola market was posting solid gains at midday Tuesday, as optimism over thawing trade relations with China provided support. China’s ambassador to Canada told reporters via translator over the Thanksgiving weekend that if Canada removed its tariffs on Chinese electric vehicles China would remove its own levies on Canadian […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was softer relative to its United States counterpart Tuesday morning, with losses in crude oil behind some of the weakness in the energy-linked currency.      At 9:02 a.m. CDT the Canadian dollar was trading at US$0.7121 or US$1=C$1.4043 which compares with Friday’s close of US$0.7143 or US$1=C$1.4000. Canadian markets […] Read more

ICE canola positive after Thanksgiving weekend

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making small gains but the momentum could be short-lived. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil was down US$1 per barrel as Israel and Hamas approach a ceasefire. The Canadian dollar was down three-tenths of a United States cent compared […] Read more