Morning Update: Canadian military found Chinese monitoring buoys in the Arctic

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Morning Update: Canadian military found Chinese monitoring buoys in the Arctic
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Former lieutenant-general says devices likely used to monitor U.S. nuclear submarine traffic

in more than a month on Wednesday as fresh fears about inflation and interest rates weighed on market sentiment. Just after 5:30 a.m. ET, Britain’s FTSE 100 was down 1.2 per cent. Germany’s DAX and France’s CAC 40 lost 0.89 per cent and 1.01 per cent, respectively. In Asia, Japan’s Nikkei closed down 1.34 per cent. Hong Kong’s Hang Seng slid 0.51 per cent. New York futures were little changed. The Canadian dollar was lower at 73.78 US cents.

Tragically Hip lead singer Gord Downey performs during their sold-out concert at the Air Canada Centre in Toronto Monday, Feb. 22, 1999.Two days after the Toronto Maple Leafs christened the Air Canada Centre with a 3-2 overtime win over the Montreal Canadiens on a sheet of fresh ice and one night after basketball’s Toronto Raptors handily defeated the Vancouver Grizzlies on the hardcourt, the Tragically Hip headlined the first concert at the venue on this day in 1999.

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