By MarketsFarm
WINNIPEG, April 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
- A strike by Canada’s largest federal public union is possible by Wednesday if a deal isn’t reached soon, according to officials with the Public Service Alliance of Canada (PSAC) – which represents 155,000 workers, including 35,000 with the Canada Revenue Agency. Negotiations continued over the weekend with pay increases the largest sticking point.
- The value of wholesale sales in Canada dipped by 1.7 per cent in February, to C$85.6 billion, according to a report from Statistics Canada. The motor vehicle and motor vehicle parts and accessories reported the largest monthly decline, losing 5.5 per cent at C$12.4 billion.
- Heightened tensions in Sudan as rival groups vie for power saw the country’s army chief declare that the paramilitary Rapid Support Forces are a rebellious group and ordered its dissolution. Dozens of soldiers and nearly 100 civilians were killed over the weekend, according to reports.
