The S&P/TSX composite index ended the week slightly negative, reflecting a cautious sentiment among investors. The index closed lower on Friday, erasing small gains from earlier in the week. Market participants weighed mixed economic data and corporate earnings reports.
Toronto Police and OPP Takeover
Toronto police and provincial officials announced that the Ontario Provincial Police (OPP) will take over policing of the Gardiner Expressway and Don Valley Parkway (DVP). However, no specific date has been provided for the transition. This move aims to improve traffic enforcement and safety on these major highways.
Ontario Hospitals Face Job Cuts
Ontario hospitals announced job cuts as nearly three-quarters of hospitals in the province are operating in a deficit. The financial strain has led to layoffs and reduced services, raising concerns about healthcare quality. Hospital administrators cite underfunding and increased operational costs as primary reasons.
Other Notable News
- A wind warning was issued for Calgary as strong gusts downed trees and power lines.
- New Cavalry midfielder is adding energy and attack to the team.
- Front-line officers at RCMP and CBSA are not eligible for an early retirement incentive program.
- One person died after a shooting at a Gatineau, Que. business.
- Montreal legal clinic received a portion of $8.6M in federal funds earmarked for Black communities.
Weather and Transportation
RCMP warned of treacherous road conditions as a spring snow storm hit Alberta. Meanwhile, 87 Avenue is reducing to a single lane for the rest of 2026 due to LRT construction.
Legal and Crime
Former Halifax bouncer guilty of manslaughter in a patron's death was sentenced to four years. A Winnipegger faces additional charges for allegedly threatening the prime minister. A youth who pleaded guilty to manslaughter in the Carry the Kettle homicides received a sentence. A teen was charged following a firearm incident at a Saskatchewan school.
International and Business
Businesses are doling out up to US$4 million to cross the Panama Canal during the Strait of Hormuz chokehold. Enbridge received federal approval for a $4B natural gas pipeline expansion in B.C.
Health and Science
Time runs out for assisted dying bill for England and Wales. Newer testing methods suggest significant silent spread of measles in the U.S., threatening elimination. The U.S. FDA plans ultra-fast review of three psychedelic drugs following Trump directive.
Entertainment and Sports
Japan's Haruki Murakami to publish first new novel in 3 years with 'The Tale of KAHO' in July. South Korean prosecutors deny police request for arrest warrant for K-pop mogul behind BTS. A website owner got a prison sentence for posting a spoiler article of a Godzilla movie. In sports, George Russell hopes 2026 won't be his one and only shot at F1 title. Toronto team signs Yasiel Puig despite potential prison sentence. Reigning two-time champ Carlos Alcaraz out of French Open due to wrist injury.
