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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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Alberta Health Services Board Dismissed Amid Investigation Controversy


In a dramatic turn of events, the Alberta Health Services (AHS) Board was dismissed on the same day a critical investigation report was due. The report, which was set to delve into allegations of political interference and questionable procurement practices, has sparked widespread speculation about the timing of the board's removal.

Former AHS CEO Athana Mentzelopoulos had initiated the investigation, raising concerns about conflicts of interest in surgical contracts and medical supply procurement. Her dismissal earlier this year, followed by the board's removal, has led to accusations of attempts to suppress findings that could implicate high-level officials.

The Auditor General of Alberta is now probing the matter, while the controversy continues to unfold, leaving many questioning the transparency and accountability within Alberta's healthcare system.

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