Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.
- French Prime Minister Michel Barnier was ousted Wednesday night in a no-confidence vote that saw far-right and far-left lawmakers in the country join forces to oust Barnier and his cabinet over opposition to the proposed budget. President Emmanual Macron must now appoint a new Prime Minister to the fractured lower house of government.
- The masked gunman who killed UnitedHealthcare CEO Brian Thompson in New York Wednesday remained at large Thursday. Law enforcement officials said the shooter used ammunition with the words “deny,” “defend” and “depose,” written on the casings — a possible reference to the tactics health insurance companies use to avoid paying claims.
- Canada’s merchandise exports were up 1.1 per cent in October while imports rose 0.5 per cent, reported Statistics Canada. As a result, the country’s merchandise trade deficit narrowed to C$924 billion, from C$1.3 billion.
