Canada to set up sovereign wealth fund with initial funding of C$25 billion
- Canada is launching its first sovereign wealth fund — the Canada Strong Fund — with an initial C$25 billion endowment, announced by PM Mark Carney.
- The fund will co-invest with the private sector in major domestic projects on a commercial basis.
- It aims to grow wealth for future generations through reinvestment and asset recycling, similar to funds used by resource-rich countries.
Business and Finance
April 27, 2026 at 1:35 PM
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Reading Food Labels: How to Tell if What You're Eating is Healthy
- Dr. Ian Smith advises ignoring buzzwords like “natural,” “low‑fat” or “no added sugar” and checking the ingredient list instead.
- Packaged foods often hide sugars, refined oils and preservatives under different names—scan ingredients, not just front‑label claims.
- Choose foods with meaningful protein and fiber to stay full and keep your meals balanced.
Food & Drink
Healthy Living
April 27, 2026 at 1:31 PM
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Russian superyacht crosses blockaded Strait of Hormuz
- The $500M superyacht Nord, linked to sanctioned Russian billionaire Alexey Mordashov, sailed through the Strait of Hormuz despite Iran's recent restrictions on the waterway.
- Nord is a 142‑meter, multi‑deck yacht with 20 staterooms, a swimming pool, helipad and even a submarine — one of the world's largest pleasure vessels.
- The transit drew attention because it comes amid US‑Iran tensions and sanctions on Russians, while Russia and Iran deepen ties.
Politics
Business and Finance
April 27, 2026 at 1:28 PM
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Nations meet to discuss fossil fuel exit as Iran war drives up prices
- About 60 countries meet this week in Santa Marta, Colombia to discuss practical steps — financing, regulations and subsidy reforms — to phase out fossil fuels.
- The Iran war and resulting energy shock have pushed urgency on cutting oil and gas dependence and speeding shifts like moving industries from gas to electricity.
- Major emitters and producers (notably the U.S., China and Saudi Arabia) are absent, so this is a “coalition of the willing” pushing ahead where UN talks have stalled.
Politics
Business and Finance
April 27, 2026 at 1:25 PM
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Pope Leo signals shift away from Catholic Church's focus on sex
- Pope Leo said the Church should prioritize justice, equality and issues like war and dictatorships over debates about sexual ethics, arguing unity shouldn't hinge on those matters.
- He supported informal blessings for same-sex couples (as allowed in 2023) but opposed formally institutionalizing them to avoid greater disunity.
- Experts liken the remarks to Francis’ "Who am I to judge?" moment — a notable reorientation welcomed by LGBTQ Catholic advocates and likely to spark conversation.
Religion & Spirituality
April 27, 2026 at 1:03 PM
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