Compiled by MarketsFarm
WINNIPEG, April 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
- Approximately 155,000 federal public servants in Canada have now voted in favour of strike mandates. On Wednesday, the Treasury Board group of the Public Service Alliance of Canada (PSAC) announced their 120,000 members voted overwhelmingly for a strike mandate. That particular branch of PSAC now has until June 10 to call a strike. Other branches of the union voted earlier this week on their strike mandates. Public servants are seeking wage increases that keep pace with inflation. A spokesperson for the federal government said the goal is to reach a deal as soon as possible and that “significant headway” had been made over the last week.
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Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. –…
- At a meeting of G7 finance chiefs in Washington, DC on Thursday, the finance ministers and heads of the central banks discussed a number of items, including supply chain diversity. “We commit to jointly empowering low- and middle-income countries to play bigger roles in supply chains through mutually beneficial co-operation by combining finance, knowledge and partnership, which will help contribute to sustainable development and enhance supply chain resilience globally,” said the G7 communique. Without specifically naming China, the communique suggested that too much of the world’s supply chain is overly dependent on the country.
- United States President Joe Biden suggested on Thursday that the investigation into the recent leak of highly sensitive documents pertaining to the war in Ukraine is close to identifying the source. In addition, the Washington Post reported on Wednesday that the source worked on a military base. The leaked documents allegedly detailed the upcoming Ukrainian offensive against Russian forces, as well as U.S. and western views on the war. However, U.S. intelligence officials claimed this week that some of the documents appearing on social media were altered.
