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CBC.ca

Stop calling Canada's latest big idea a sovereign wealth fund | About That
Prime Minister Mark Carney introduced a sovereign wealth fund for Canada to bolster national projects, create jobs and grow taxpayer money — but it's not a sovereign wealth fund in the traditional sense. Andrew Chang explains the stark differences between the Canada Strong Fund and other countries' sovereign wealth funds, and what we know so far about how it will work.Images provided by The Canadian Press, Reuters, Adobe Stock and Getty Images

Quebec City student and Ontario nurse held by Israeli forces after aid boats intercepted
Two Canadians are among the activists detained by Israel after the boats they were sailing on were intercepted overnight during a mission to break the nearly 20-year naval blockade of Gaza, Canadian flotilla organizers said Thursday.

Britney Spears charged in California with driving under the influence
The 44-year-old pop star was charged with a single misdemeanour count of driving under the combined influence of alcohol and at least one drug, the Ventura County District Attorney's Office said.

New Banksy statue appears in London
The anonymous street artist took credit on social media for a larger-than-life statue of a suited man walking off a plinth with a flag covering his face.

St. John's man gets 5-year sentence for deadly drug-induced attack on his grandmother
In a case as unique as it is tragic, Justice Peter O'Flaherty sentenced 31-year-old Brandon Tobin to five years in prison for a fatal attack on his grandmother during a state of confusion following a cocaine-induced seizure.

Residents of Russia's Tuapse told not to drink tap water after drone attack on refinery
Residents of the Russian port city of Tuapse were ordered not to drink tap water and schools remained closed on Thursday, as authorities grappled with the aftermath of the third Ukrainian drone strike on its oil refinery this month.

Police investigating after 2 children found dead in a vehicle in Calgary
Police say two children were found deceased in a vehicle in northwest Calgary. The deaths are considered suspicious, and the homicide unit is investigating.

Carney says there's only 'one negotiator' with the U.S. after Conservative MP's latest trip to Washington
Prime Minister Mark Carney dismissed Conservative MP Jamil Jivani's recent trade trip to Washington D.C., saying on Thursday that Jivani can go where he wants, but he won't learn anything Carney doesn't know already.
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Toronto Star

Artificial intelligence is not to blame in Tumbler Ridge shooting, Carney minister says
At the end of the day, human error is to blame for the failure to flag the shooter's actions, Culture Minister Marc Miller says.

Oil prices hit wartime high of $126 before sharp late-day drop
The oil markets’ fluctuations have been closely tied to peace talks between the United States and Iran and reactive to comments made by its leaders.

Family, friends mourn 'gentle giant' shot dead at Mississauga Spy Depot store
Sean Dodds, 62, was the owner of Spy Depot Security, who on Monday morning was shot and killed at his Mississauga-based business.

Britney Spears charged with driving under the influence of alcohol and drugs
Spears, who has since entered substance abuse treatment, was arrested March 4 after she was pulled over for driving her black BMW fast and erratically on U.S. 101 near her home, the California Highway Patrol said.

Canada urged to open up new permanent resident program to all temporary workers
The Migrant Rights Network asked the minister to release details on the full criteria, eligibility rules and application process as soon as possible.

Toronto gas prices set to jump 8 cents
Toronto gas prices will rise 8 cents to 189.9 per litre on Friday. Drivers warned to expect more increases as global oil supply issues worsen amidst lingering Middle East conflict.

York police warn young people against playing the ‘Senior Assassin’ game and using toy guns
The game, popular among high school students, involves participants “eliminating” one another with water guns or replica firearms.

Trump signs bill funding the Department of Homeland Security, ending record shutdown
“It is about damn time,” said Rep. Rosa DeLauro of Connecticut, the top Democrat on the House Appropriations Committee, who proposed the bill more than 70 days ago.

Mark Carney downplays Conservative MP's trip to U.S. amid trade war: 'We're the negotiators'
Conservative MP Jamil Jivani, who has a personal friendship with U.S. Vice-President JD Vance, was on his second self-assigned mission to Washington.

Carney appoints former minister Jonathan Wilkinson as EU ambassador
The Liberal MP for North Vancouver—Capilano said he is looking forward to taking up his post in Brussels.
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Globe and Mail

Britney Spears charged in California with driving under combined influence of alcohol and drugs
44-year-old pop star charged with single misdemeanor count , says Ventura County District Attorney’s Office

Older Cubans struggle as the economic crisis deepens
As the U.S. blockade worsens hardship in this Communist island nation, seniors must fend for themselves

U.S. House approves bill to fund DHS and end record shutdown
Bipartisan package does not include funding for immigration enforcement operations
Trump faces Friday deadline to end Iran war or ask Congress to approve extending it
Under the 1973 War Powers Resolution, the U.S. president can wage military action for only 60 days before ending it
Iran's supreme leader says it will protect its nuclear and missile capabilities
Iran's supreme leader said Thursday that the Islamic Republic will protect its 'nuclear and missile capabilities' as a national asset, likely seeking to draw a hard line as U.S. President Donald Trump seeks a wider deal to cement the shaky ceasefire now holding in the war.
Zelensky seeks clarity from U.S. on Russia’s short-term ceasefire proposal
Putin proposed a May 9 ceasefire to coincide with Victory Day in Russia in a phone call with Trump

Two Canadians among activists detained after Israel intercepts Gaza aid flotilla
The Global Sumud Flotilla identified them as Marie Tota and Umir Tiar
Rescue dogs train on snow capped Mount Etna volcano
Rescue teams and their dogs are training on the snow-covered slopes of Mount Etna. As visitor numbers rise, crews are preparing for more accidents in a dangerous and unpredictable environment.

Trump likely among nominees for 2026 Nobel Peace Prize
Of this year’s nominations, 208 are individuals and 79 are organizations
Hegseth butts heads for a second day with Democratic lawmakers over Iran war
U.S. Defense Secretary calls them ‘reckless naysayers’ and ‘defeatists from the cheap seats’ who have failed to recognize the many successes of the U.S. military
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Global News

Gas prices spike in Winnipeg amid market volatility
Prices haven't been this high in Winnipeg since the summer of 2022, when they went over $2 per litre. Demand for oil is vastly outstripping supply due to the war in Iran.

Uber to introduce hotel booking feature and ‘room service’ options
More than 700,000 hotels and Verb properties will be bookable on the app later this year through a partnership with Expedia, the company said.

Trump says he’ll remove some tariffs on Scotch whiskey after King’s visit
Trump later said the tariffs were lifted to specifically enhance the trade of barrels between Scotland and Kentucky, which produces almost all of the world's bourbon.

Iran will play 2026 World Cup games in United States: FIFA president
Infantino made the remarks at the 76th FIFA Congress in Vancouver on Thursday, saying 'we must unite' through soccer. Iran is the only nation not at the meeting.

U.K. raises terrorism threat level after stabbing of 2 Jewish men
The country’s official threat level from terrorism was raised from substantial to severe after Wednesday’s stabbing attack in London, which police have called an act of terrorism.

Oil prices ease slightly after hitting highs as U.S.-Iran talks stall
U.S. markets ticked higher before the bell with some of the country’s biggest technology companies posting first quarter earns this week.

Father and daughter plead guilty to selling fake Picasso and Banksy works
Between 2020 and 2025, the defendants conspired to auction more than 200 counterfeit artworks they said were painted by revered artists.

Canada denies entry to Iranian football boss, but initially was granted permit
Negar Mojtahedi broke the story that Taj was on his way to the FIFA congress in Vancouver on Thursday, but was put back on a plane shortly after landing in Toronto.

Anand backs report Iran soccer officials had Canada entry permission revoked
Iranian state media says Iranian Football Federation president Mehdi Taj, a former IRGC commander, and two other Iranian officials were denied entry after arriving in Canada.

Why did Canada not challenge Iran’s nomination to UN nuclear weapons body?
On Monday, Iran was nominated to the vice-presidency of the UN's month-long review conference on the global nuclear non-proliferation treaty, better known as the NPT.
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New York Times

Elon Musk’s A.I. Claims of Danger Face Limits in OpenAI Trial
One of Elon Musk’s abiding fears is that A.I. could one day threaten humans. But the jurors deciding his suit against OpenAI probably won’t hear about it.

New Banksy Statue Causes Stir in Central London
The statue depicts a man marching with a flag that covers his face. It appeared in a section of London near statues of 19th-century British military and colonial figures.

After Seven Years, First U.S. Direct Flight Lands in Caracas
President Trump banned commercial flights to Venezuela during his first term, but the flights are the latest step in re-establishing ties between the two countries.

Smog in Phoenix and Salt Lake City? The E.P.A. Is Blaming Asia.
The Trump administration says the cities shouldn’t be penalized for unhealthy air because pollution can blow in from abroad. Some experts say that’s preposterous.

Jeffrey Epstein’s Possible Suicide Note Hidden From Public View
An inmate said he discovered the note after Mr. Epstein was found injured in his jail cell, weeks before his death. It’s now locked in a courthouse.

Hezbollah Using Fiber-Optic Drones Against Israeli Targets
The Lebanese militant group is attacking Israeli troops with explosive drones controlled by fiber-optic cables, like those commonly used in the war in Ukraine.

Decoding the King: Brits Hear Subtle Rebuke to Trump that Americans Might Miss
Royal watchers in Britain called the visit of King Charles III to America a master class in understated criticism.

After Supreme Court Decision, Louisiana Weighs Redrawing House Maps
The Louisiana secretary of state said the House primary election would be delayed after the court ruled the state’s congressional districts unconstitutional. The Senate primary will go forward on May 16.

Sheinbaum’s Dilemma in Mexico: Defy the U.S. or Arrest an Ally
The Trump administration wants President Claudia Sheinbaum to arrest a Mexican governor. She is faced with few good options in response.

Britney Spears Is Charged With D.U.I. Involving Drugs and Alcohol
Officers in California observed the pop star driving fast and erratically in March. After she was arrested, she checked herself into a treatment facility.
CNBC

Apple revenue guidance tops estimates on booming iPhone, Mac demand
Apple reported 17% revenue growth, topping estimates, even as iPhone sales came up short.

U.S. senators ban themselves from prediction markets trading
The move came after Democratic lawmakers asked the Commodity Futures Trading Commission to prohibit event contracts on elections, war and military actions.

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
Amazon, Google and Microsoft all reported better-than-expected first-quarter cloud results, signaling an acceleration of AI demand

Blue Owl shares surge after private credit firm cites 10X gains from SpaceX
Blue Owl said it's made 10 times its investment in SpaceX, which is headed for a record IPO later this year.

AI boom: Big Tech capital expenditures now seen topping $1 trillion in 2027
The overall cost has been causing heads to spin, but analysts say they're seeing flowthrough from investments to revenue.

Apple execs to talk China and tariffs, but will avoid discussing foldable iPhone, per traders on Kalshi
Apple is set to report earnings after the bell on Thursday, with its conference call scheduled for 5:00 pm ET.

Apple's stock has gone nowhere for 6 months. Traders expect a wild ride Thursday night
Implied volatility in the stock suggests a 3.5% swing after earnings tonight, compared to an average move of just 1.8% following the last four quarterly reports.

Eli Lilly blows past quarterly estimates, hikes outlook as Zepbound and Mounjaro sales skyrocket
Lilly hiked its full-year sales outlook by $2 billion, and also raised its adjusted profit guidance.

European markets rebound as oil prices fall; BOE and ECB hold rates
European stocks edged higher on Thursday, reversing morning losses, as investors assessed more earnings and central bank moves.

Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen
The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear.
Washington Post

U.K. investigates attacks on Jewish targets for possible links to Iran
Prime Minister Keir Starmer condemned the attacks after two men were stabbed in a predominantly Jewish neighborhood of north London.

Russia scales back Victory Day plans as Ukraine’s military reach expands
Moscow is reducing the footprint of its foremost annual military parade amid a wave of Ukrainian drone attacks inside Russia.

Mali’s junta asked Russians to bring order. Militants just stormed in.
Al-Qaeda-linked fighters killed the defense minister, a top Moscow ally, and forced Russian mercenaries to retreat, highlighting the Mali-Russia partnership’s failure.

Justice Department indicts Mexican governor on drug charges
The defendants are accused of having partnered with the powerful Sinaloa Cartel to “distribute massive quantities of narcotics” in the United States.

U.S. aircraft carrier to leave Mideast, reducing military might amid Iran war
The USS Gerald R. Ford, at sea for 10 months, is in need of repair. Its exit, though, reduces the firepower on hand as Trump presses Tehran to make peace.
BBC

Littler beats Humphries to go top of Premier League
World number one Luke Littler wins his fifth night of the Premier League Darts season to return to the top of the table.

Trump to remove whisky tariffs after King's visit
The US president said he would lift restrictions on Scotland's ability to work with the state of Kentucky on whisky and bourbon.

Verstappen says F1 rule changes 'a tickle'
Max Verstappen says the changes to F1's rules amount to "a tickle" in terms of addressing his and other drivers' concerns about the new style of racing.

Met chief defends knife attack officers after Greens criticism
Sir Mark Rowley says he is "disappointed" that Green Party leader Zack Polanski shared a post condemning how police subdued the suspect.

UK terrorism threat level raised to severe after Golders Green attack
The UK was last raised to the second-highest level in November 2021 after an attempted bombing and the murder of an MP.

Rubio downplays reports US could review UK's claim to Falklands
The US secretary of state says a leaked memo suggesting America's position on the territory could be changed "was just an email".

Higgins level with Murphy and Wu leads Allen in semis
John Higgins produces a battling display to draw level at 4-4 against Shaun Murphy in the opening session of their World Championship semi-final.

'I held down Golders Green suspect' says volunteer who grabbed ankle
"If eyes could kill, I'd be dead," he tells the BBC when recounting the moment he saw the suspect.

US House votes to end partial government shutdown after 76 days
The vote provides funding for most Department of Homeland Security agencies, except for two subagencies responsible for immigration enforcement.

Deadly Israeli strikes on southern Lebanon despite ceasefire
At least nine people - including two children - were killed, according to Lebanon's health ministry.
The Independent

Wreckage of a US Coast Guard ship lost during WWI has been found off the coast of England
The wreckage of a U.S. Coast Guard ship lost in a deadly attack more than a century ago, during World War I, was been discovered off the coast of England

Online violence and deepfakes push women out of work, survey finds
About a quarter of women surveyed experienced anxiety and depression following online violence, such as cyberflashing and deepfakes

Epstein’s possible suicide note has been hidden for years and one group is now trying to force its release
The note has been stored in a courthouse vault since a judge ordered it sealed, New York Times says

Amtrak may make it easier to bring guns on its trains despite the alleged attempt on Trump's life
Amtrak is considering allowing people to store guns in lockboxes on most of its trains, which critics say would weaken security measures that instead should be strengthened in light of the shooting at last weekend’s White House Correspondents’ Association dinner

Renters’ Rights Act comes into force ending no fault evictions for 11 million private tenants
The new reforms ensure landlords must now provide a valid justification for removal

FEMA workers who sounded alarm over nation's disaster preparedness reinstated after 8 months
Fourteen FEMA employees who signed a public letter criticizing the nation's disaster preparedness have been reinstated after eight months on paid leave

Trump raises eyebrows after saying US ‘needs more people like that’ about King and Queen of UK
Online, some people pointed out the irony of the president wanting a King and Queen in the United States

Apple beats out earnings estimates with continued iPhone momentum
Apple has posted strong quarterly earnings, beating out Wall Street expectations

Trump gives go-ahead to major new Canada-US oil pipeline
President Donald Trump has granted a key approval to a major new pipeline that would move oil from Canada into the central U.S. The three-foot-wide Bridger Pipeline Expansion would carry up to 550,000 barrels of oil a day from the Canadian border with Montana down through eastern Montana and Wyoming, where it would link up with another pipeline

Trump’s reason for not wearing a bullet-proof vest cracks up Oval Office guests
The president was asked about the extra protection in light of the third attempt on his life at the White House Correspondents’ Dinner. The question came during a rambling press events Thursday afternoon
























