GFM Network News





Global Markets: U.S. oil output to be limited: OPEC+

WINNIPEG, June 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Reports state that oil industry experts have told OPEC+ members that oil output from the United States will remain limited this year despite rising prices, according to sources within the organization. This is in anticipation […] Read more



Canadian Beef in Marae supermarket, one of the emerging high-end supermarkets in Hong Kong market.

Canada Beef Market Intelligence Update: Beef imports up in China, down in Hong Kong

China’s economic growth in the first quarter of 2021 hit a record 18.3 per cent, and that economic growth has translated into more beef imports.  As of March, China imported 623,947 MT of beef with a growth rate of 20 per cent year-over-year. Canadian beef import volumes grew 143 per cent compared with the same period last year, reaching […] Read more



Global Markets: Canadian housing starts on the rise

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada Mortgage and Housing Corp. (CMHC) reported today that the annual pace of housing starts, including apartments, condominiums and multiple-unit housing projects, rose 3.2 per cent in May compared to April. The annual pace of urban starts was […] Read more

Global Markets: Netanyahu era comes to an end

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Israel’s parliament, the Knesset, approved the new coalition government led by Naftali Bennett on Sunday by a 60-59 vote, effectively ending the 12-year tenure of now-former Prime Minister Benjamin Netanyahu. Bennett, Netanyahu’s former Chief of Staff, will now […] Read more


Global Markets: One billion vaccine doses far from being enough says Oxfam

Calls for breaking of pharmaceutical monopolies on vaccines

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At the G7 summit in in the United Kingdom the member countries committed on Friday to providing one billion doses of COVID-19 vaccines to the world’s poorest countries. However, Oxfam […] Read more

Global Markets: Keystone XL officially dead

Alberta on hook for C$1.3 billion

Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Six months after United States President Joe Biden cancelled the permit for the Keystone XL Pipeline, the Province of Alberta, along with TC Energy, announced on Wednesday that the controversial […] Read more