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Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...
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Notorious Killer Paul Bernardo to Appear Before Parole Board of Canada

 

Paul Bernardo, one of Canada's most infamous serial killers, is scheduled to appear before the Parole Board of Canada today for a hearing. Bernardo, who has been denied parole twice in the past, is serving an indeterminate life sentence for the kidnapping, sexual assault, and murder of 15-year-old Kristen French and 14-year-old Leslie Mahaffy in the early 1990s near St. Catharines, Ontario.

The hearing will take place at the medium-security La Macaza Institution in Quebec, following his controversial transfer from a maximum-security Ontario prison last year. Tim Danson, the lawyer representing the French and Mahaffy families, has expressed frustration over the parole board's initial decision to deny the families the right to deliver their victim impact statements in person. Although the board later reversed this decision, the short notice has made it difficult for the families to arrange travel, resulting in only Mahaffy's mother attending in person while others will deliver their statements remotely.

Bernardo's crimes, which also include the manslaughter of his then-wife Karla Homolka's 15-year-old sister, Tammy, have left a lasting impact on the victims' families and the Canadian public. The parole board's decision today will be closely watched, as it could determine whether Bernardo will remain behind bars or be granted parole.



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