Uncategorized
Less than 1 min.read

MID-DAY: North American markets dip on investors worries over trade

James Bowler
By James Bowler

Investors are once again being force-fed the reality of the ongoing global economic problems. China is reportedly preparing to retaliate against US dumping duties asking for approval for sanctions from the WTO. This, coupled with an uncertain future for NAFTA is weighing on North American markets.

Once again the TSX is in the red, down 23 points to 16,033 and across the border the Dow isn’t doing much better down six points to 25,850.

The price of crude is continuing to rally however, as sanctions against Iran are putting a strain on global oil output. US crude is gaining to 68.13 a barrel.

And an unexpected dip in the housing market is keeping the Loonie flat at 75.99 cents US.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Hundreds of crew make progress on Decho fires relieved by rain

Fire
Hundreds of crew members co-ordinated aggressive responses to fires in the Dehcho region and along Hwy 1. On Wednesday cooler temperatures and rainfall reinforced long awaited progress by Wildland firefighters.

Shauit’s latest music project joins diverse richness of Indigenous north and south at FOTR

Folk On The Rocks
Shauit says his latest work blends Northern Indigenous and southern Indigenous Latin and African music. The artist is bringing ground-breaking fusions created in collaboration with musicians from Turtle Island’s North, Quebec, Mexico and France to Folk On The Rocks in Yellowknife. “To go to more places that Innu music didn't go before. To show my nation, to show young artists that they can do whatever they want,” explains the artist, who is originally from Maliotenam.

Hay River on roll to another ParticipACTION win

Northwest Territories
The town of Hay River has once again been named a finalist in the 2026 Community Challenge.Just last year, Hay River not only picked up the title of the most active community in N.W.T. but also nabbed $15,000 in prize funding support for local physical activity and sport initiatives. And in 2024, Hay River won the top prize in the national challenge, picking up $100,000 in prize funding.

Crews fighting fires in Dehcho amid extreme conditions and poor visibility

Fire
In the Dehcho region, Wildland crews reported that while some areas remain problematic, direct attack methods on FS016, south of Liidlii Kue and Fort Simpson were effective on Tuesday. In Wrigley, response efforts were overwhelmed by conditions and poor visibility.  In the South Slave region, a wildfire located about 20 km from Hay River has been 90 per cent contained following nearly two weeks of active response.

Intersections across city to see signal and hardware makeovers in next 3 weeks

City of Yellowknife
A series of traffic signal maintenance and hardware upgrades are set to begin Thursday at intersections throughout the city of Yellowknife. The work is scheduled to continue until July 31. City staff said during the three week period, temporary traffic signal interruptions can be anticipated.