By Phil Franz-Warkentin
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.
- Canada’s unemployment rate was up by 0.1 percentage points in February, to come in at 5.8 per cent, according to a report from Statistics Canada. The rise came despite 41,000 new jobs being created as population growth outpaced employment growth.
- The United States plans to build a temporary pier on the Gaza coastline to help aid efforts for the Palestinian enclave facing a humanitarian crisis. The plan was announced by U.S. President Joe Biden during his State of the Union speech Thursday evening. The speech was seen as setting the stage for the upcoming presidential election between Biden and likely Republican candidate Donald Trump, with Biden taking multiple shots at his ‘predecessor’ without ever mentioning Trump by name.
Read Also
Canadian Financial Close: Markets tumble on Trump comments
Glacier FarmMedia – The Canadian dollar showed no movement on Friday as it entered the Thanksgiving Day weekend lower than…
- March 8 marks International Women’s Day, a global day to recognize and celebrate the social, economic, cultural and political achievements of women and girls. The day is also a time to raise awareness of the progress being made towards achieving gender equality while also recognizing that more work remains.
