WINNIPEG, Aug. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– Evacuation efforts out of Afghanistan resumed on Friday, a day after a pair of suicide bombings targeted the airport killing at least 95 Afghans and 13 United States military personnel. Canada has already ceased its own evacuation efforts, with the U.S. facing an Aug. 31 deadline to exit the country.
– The OPEC+ coalition, led by Saudi Arabia and Russia, is expected to move ahead with increasing oil production targets when they meet next week, according to reports. While there is still uncertainty in the world economy, due to the COVID-19 Delta variant, fuel usage has reportedly shown resilience in the face of the fourth wave of the virus.
– Canada’s federal election campaign continues on Friday, with Liberal leader Justin Trudeau campaigning in southern Ontario, the NDP’s Jagmeet Singh in northern Ontario, and Conservative Erin O’Toole in Atlantic Canada. Trudeau announced a campaign promise to provide a billion-dollar fund for vaccine passports if re-elected.