WINNIPEG – The following is a glance at the news moving markets in Canada and globally.
– The United States House Jan. 6 Committee announced on Monday it has completed its investigation into the attacks at the U.S. Capitol on Jan. 6, 2021 and it has recommended charges against then-U.S. President Donald Trump and his associates. The recommended charges are conspiracy to defraud the U.S., obstruction of an official proceeding of Congress, conspiracy to make a false statement and insurrection. The Justice Department will ultimately decide whether or not charges will be laid.
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By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets…
– Statistics Canada (StatCan) reported on Tuesday that retail sales in October posted their largest increase in five months, gaining 1.4 per cent to C$62 billion. Core retail sales, which exclude gas stations and dealers of motor vehicles and parts, rose 0.9 per cent. StatCan also released a preliminary estimate for November which point to a 0.5 per cent drop.
– Canada’s ban on the manufacturing and import for sale of some plastic items went into effect on Tuesday. Companies can no longer produce or bring into Canada plastic checkout bags, cutlery, stir sticks, straws and takeout containers. They will also be illegal to sell next year.
