Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.
- State and mayoral elections are underway in the United States on Tuesday, with the off-year elections amid the ongoing shutdown of the country’s federal government widely seen as a referendum on President Donald Trump.
- Typhoon Kalmaegi reportedly left at least 26 people dead as it crossed the Philippines on Tuesday and caused widespread flooding.
- Canadian international trade data for September originally scheduled for release from Statistics Canada today will be delayed indefinitely due to the ongoing partial shutdown of the United States government. The report typically includes detailed information on export destinations for Canadian grain and oilseeds but relies on data from the U.S. Census Bureau.
- Prime Minister Mark Carney’s minority Liberal government will unveil their first budget later today, with support of at least one opposition party needed to pass. Ongoing trade disputes with the U.S. and China provide the backdrop to the fiscal update.
