TSX composite index takes massive drop of 1,660 points

Canada's Minister of Public Safety, Gary Anandasangaree, says a joint FBI and RCMP investigation known as "Operation Hard Ball" has dealt a significant blow to three transnational organized crime groups, including the Lawrence Bishnoi and Jaggu Bhagwanpuria gangs. He said individuals involved in intimidation and violent criminal activity in Canada will continue to face enforcement action. According to the minister, authorities have made 24 arrests worldwide as part of the operation, including three arrests in Canada. He said the coordinated investigation has disrupted criminal networks accused

The U.S. Department of Justice says 24 people have been arrested in several countries as part of an investigation into alleged crimes involving India-based organized crime groups. According to the Justice Department, three of those arrests were made in Canada. Officials said the investigation includes the 2023 killing of Sikh activist Hardeep Singh Nijjar in Surrey, B.C. The department has not released additional details about the identities of those arrested or the specific charges they face. Canadian authorities have not yet publicly commented on the U.S. announcement. The investigation rema

U.S. President Donald Trump has again said Greenland should be under United States control rather than Denmark, renewing remarks he has made previously about the strategically located Arctic territory. Speaking to reporters during the NATO summit in Türkiye while meeting with Turkish President Recep Tayyip Erdoğan, Trump said the presence of Chinese and Russian vessels in waters around Greenland is a security concern for the United States. He said Washington would not accept the current situation. Greenland is an autonomous territory within the Kingdom of Denmark. Trump's comments revive a l

The British Columbia government says it is preparing to launch legal proceedings against OpenAI in connection with the mass shooting in Tumbler Ridge, alleging the company failed to alert police after identifying warning signs on its ChatGPT platform. Attorney General Niki Sharma made the announcement during a news conference in Vancouver on Tuesday. According to Sharma, the province has retained legal counsel in both British Columbia and California, where OpenAI is headquartered, to pursue the case on behalf of the government. Sharma alleged that OpenAI identified violent activity linked to t

Iranian Foreign Minister Abbas Araghchi says Tehran will not begin negotiations on a final agreement with the United States if what he described as U.S. threats continue. In a post on social media, Araghchi said Clause 13 of the Memorandum of Understanding (MoU) states that negotiations on a final agreement cannot begin in an atmosphere of threats. He also urged the United States to honour its commitments under the agreement. According to Araghchi, Clause 13 commits both countries to implementing a ceasefire, removing restrictions affecting the Strait of Hormuz, providing sanctions relief and