China and Canada's diplomatic spat ramps up, RBC economists expect a spike in unemployment and insolvencies, and the Chicago Blackhawks get first pick in the NHL draft. Here's what you need to know to start your day.
China has declared a Canadian diplomat as 'persona non grata' in retaliation for Ottawa's expulsion of a Chinese consular official, who Canada's spy agency alleged was involved in a plot to intimidate Conservative MP Michael Chong and his relatives in Hong Kong.
Russian President Vladimir Putin on Tuesday told his country's Victory Day parade on Moscow's Red Square that 'a real war' has been unleashed against Russia by the West's 'untamed ambitions,' shortly after the Kremlin's forces rained cruise missiles on Ukrainian targets.As a possible recession continues to loom amidst soaring costs of living and increased interest rates, RBC economists say unemployment could climb to 6.
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