Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.
– Canadian National Railway had an operating income of C$1.61 billion during the first quarter of 2025, an increase of C$64 million from Q1 2024, according to the railway’s quarterly report released on Thursday. Tracy Robinson, president and CEO of CN Rail, credited tight cost control and mitigating the impact of winter conditions for the increase in earnings. The railway also reported revenues for the quarter to be C$4.403 billion, up C$154 million from last year.
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By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets…
– The United States added 177,000 jobs in April, surpassing economists’ expectations of 135,000, the Labor Department reported on Friday. However, the figure was down from the 185,000 jobs added in March and the unemployment rate remained at 4.2 per cent. Despite the positive numbers, many economists believe the job market will deteriorate in the coming months due to President Donald Trump’s tariffs and mass firings in government departments and agencies.
– The Canadian Pork Council warned its members on Wednesday that they should prepare for a resumption to the Canada Post strike later this month. Canada Post and the Canadian Union of Postal Workers re-entered negotiations earlier this week after failing to reach an agreement in March. The CPC urged pork producers to order four months’ worth of PigTRACE ear tags to mitigate the effects of shipping delays.
