The S&P/TSX composite index edged higher in late-morning trading on Thursday, while U.S. stock markets were mixed. The Canadian dollar traded at 72.45 cents US, down from 72.63 cents US on Wednesday.
Corporate and Economic News
Lululemon Athletica Inc. shares sank after the company announced it had hired a former Nike Inc. executive as its new chief executive officer, a move that failed to impress investors. Teck Resources Ltd. reported its first-quarter profit more than doubled compared with a year ago, driven by strong commodity prices.
Other Notable Stories
- A 58-year-old woman was killed in a bear attack in Poland.
- A report found that a 2021 collision of South Korean warplanes was caused by pilots taking video.
- Police in Vaughan, Ontario are looking for a lone suspect after an overnight arson at a car dealership was captured on video.
- Suspects are in custody after an SMS blaster was used to send fraudulent texts to tens of thousands of devices in Toronto.
- A British Columbia father shared his daughter's tragic descent into an online 764 terror network.
- A B.C. court awarded $1.8 million in damages for assault and wrongful arrest by Metrotown security guards.
Politics and Policy
In a reversal, Defence Minister Anita Anand said Ottawa will restore the envoy for women, peace and security. Prime Minister Mark Carney said Canada is not "taking notes" from Americans as it prepares for trade talks. Former Prime Minister Justin Trudeau said U.S. economic coercion risks pushing Canada closer to China.
Health and Science
A parliamentary committee on assisted dying is biased and not focused on its mandate, an expert said. Health experts hope the U.K. smoking ban pushes Canada to do the same. A condom maker may raise prices because of the Iran war. A blood test developed at the University of Saskatchewan could transform Parkinson's diagnosis. Researchers have spent decades breeding better potatoes for chips, and their work isn't done. Interstellar comet likely came from a cold corner of the Milky Way, a study found. Archeological digs in the Amazon provide clues about Indigenous inhabitants before colonization.
Entertainment and Sports
Kanye West is set to perform on a Prague racecourse in July. U.K. comedian Russell Brand admitted to "exploitative sex" with a teenager. Maggie Gyllenhaal will lead the Venice Film Festival jury. Paris offered to host the 2030 Winter Games ice hockey after the Nice mayor opposed the Olympic plan. Iran's government said the men's soccer team is preparing for "proud participation" at the World Cup in the U.S. NFL teams are almost on the clock ahead of draft night in the Steel City.
Lifestyle and Environment
"Free Timmy!" – a beached whale grips and divides Germany. A tourist's "pre-wedding challenge" damaged a historic Florence statue. "The Devil Wears Prada 2" puts a spotlight on Italy's fashion capital. Nuclear energy is having a global revival 40 years after Chornobyl. Farmers delay the first hay harvest to help threatened bird species raise their young. Searchers found the body of one of six missing crew from a ship that overturned during a typhoon.
