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: Loonie steady, gold adds onto new record
Glacier FarmMedia – The Canadian dollar remained relatively unchanged on Wednesday. The loonie closed at US$0.7167 or US$1=C$1.3952, compared…
- 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.
