🟥 1. Saudi Crown Prince MBS Declines Invitation to G7 in Kananaskis
Saudi Crown Prince Mohammed bin Salman has declined Canada’s invitation to the upcoming G7 Summit (June 15–17) in Kananaskis. His absence may ease tensions within Prime Minister Mark Carney’s Liberal Party, which faced criticism over the initial invitation. reuters.com+1tradingview.com+1en.wikipedia.org+5reuters.com+5reuters.com+5
📉 2. TSX Futures Slip Amid Middle East Tensions
Canada’s S&P/TSX futures fell 0.3% today as markets responded to cooler-than-expected U.S. inflation data and rising Middle East geopolitical concerns, which pressured investors and weighed on commodity prices. reuters.com
🛢️ 3. Alberta Premier Proposes New Pipeline to Port of Prince Rupert
Alberta’s Premier Danielle Smith revealed plans for a new 1 million bpd crude pipeline to Port of Prince Rupert, aimed at reducing dependency on U.S. markets. The proposal calls for regulatory reforms and faster permitting for the oil sector. reuters.com+3reuters.com+3tradingview.com+3
👤 4. Mark Carney Appoints Michael Sabia as Clerk of Privy Council
Prime Minister Carney has named finance veteran Michael Sabia—currently CEO of Hydro‑Québec—as Canada’s next top public servant (Clerk of the Privy Council), starting July 9. Sabia brings decades of leadership in both public and private sectors. theguardian.com+3reuters.com+3reuters.com+3
🛢️ 5. Cenovus Restarts Christina Lake Oil‑Sands Production
Cenovus Energy has resumed operations at its Christina Lake oil-sands site in Alberta, after a wildfire-related shutdown. Production has restarted safely, easing pressure on regional oil output. reuters.com+13bnnbloomberg.ca+13reuters.com+13
