Uncategorized
Less than 1 min.read

BEFORE THE BELL: Trade optimism boosting global markets; Via Rail backs German train builds over Bombardier

James Bowler
By James Bowler

Trade positivity is showing in the global markets this morning. Analysts are expecting boosts in North American markets as investors are taking note of the optimism over a possible US-China trade deal.

Theresa May’s win over a no-confidence vote is also giving some support to European markets, but investors are still unsure what that means for Brexit drama.

The price of crude is dropping as US inventories start to build up once again. US oil is down to 50.70 a barrel.

The energy-tied Loonie is falling to 74.79 cents US.

Via Rail went to a German company instead of Canada’s Bombardier with a near billion-dollar train order. Despite the trains being built by a Siemens plant in the US, the Canadian branch of the German company still calls it a win for local workers.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

The next supreme court judge could come from the North

Northwest Territories
A new representative from Northern and Western Canada is poised to become the next member of Canada’s highest court. The process to select the next judge of the Supreme Court of Canada has begun as Justice Sheilah L. Martin prepares for retirement.

Pan-territorial family violence resources and training site launched

Northwest Territories
The NWT Shelter Network, a circle of grassroots advocates and local leaders, has just launched a pan territorial family violence resources and training hub. The network is made up of leaders from each of the five family violence shelters in the territory. The NWT Shelter Network is part of the Pan-territorial Shelter Network that includes shelters from the Yukon, Nunavut along with the N.W.T.

DND, GNWT hosting public town halls in Yellowknife and Inuvik

Northwest Territories
Town Hall meetings with the Department of National Defence and the Canadian Armed Forces are being planned for the city of Yellowknife and the town of Inuvik this month. Strategic Infrastructure Minister and Deputy Premier Caroline Wawzonek says the meetings are focused on  dual-use infrastructure defence investments, including the "modernization" of the North American Aerospace Defence Command.

Hay River RCMP arrest suspect in firearm incident

RCMP
Hay River RCMP has taken a suspect into custody following a reported firearm incident last week.

Testing shows elevated lead in water at more Fort Smith buildings

Northwest Territories
A number of municipal buildings in Fort Smith show elevated levels of lead in water, according to initial testing results announced on Friday. It is unclear how many buildings are affected but offiicals said more information would be made public in the coming days. “We would like to inform residents that recent water testing at Town facilities has found lead levels that require follow-up and action,” read a message posted by officials on the town’s site.