Current and comprehensive news stories from around Calgary and Southern Alberta

Some residents of Canmore, Alta., are mourning the death of an unusual elk that went by the name of Marvin. He was known to frequent backyards and hang out with pets.

An inmate at the Calgary Remand Centre has tested positive for COVID-19, marking the first time a case has been reported at an Alberta correctional facility.

Three people living in the mountains of Western Canada tell us about the beauty, the lifestyle and the danger of calling them home.

God uses Janet to reach people through one-on-one encounters at a bookshop in a closed country.

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

The Toronto Maple Leafs have signed Finnish defenceman Mikko Lehtonen to a one-year, entry-level contract for the 2020-21 season, the club announced Monday.

The coronavirus pandemic has forced major professional sports leagues across North America to push the pause button. But even if the NHL, CFL, NBA or MLS are given the green light, many fans have reservations about returning to arenas until a vaccine for the virus is available.

Montreal Canadiens goaltender Carey Price has reached out to give support to two boys who lost their parents during the Nova Scotia mass shooting last month.

Just when you thought you watched the best shot of the Brier, another best shot of the Brier appears at the 2020 Canadian men's curling championship being held in Kingston, Ont.

Team Homan, Canada’s 2018 Olympic women’s curling team and the 2017 World Women’s Curling Champions have announced that the team has parted ways with lead Lisa Weagle. 

Team Homan's decision to part ways with Lisa Weagle dramatically changed the look of one of the country's top rinks and put the all-star lead at the top of curling's free agent list.

When the World Curling Federation cancelled the women's, men's and mixed doubles championships set for March and April, it said it would be discussing potential options including rescheduling the events — perhaps playing them in the fall at one venue. CBC Sports has learned that will no longer be the case.

Colleen Jones, Sidney Crosby among many preeminent local sports figures reacting in the aftermath of Sunday's killing rampage.

Curbside pickups offer a bit of hope after months of being shuttered by COVID-19, but while retailers are happy to start getting back to business some are raising questions of fairness and access to opportunity.

A Toronto law firm has filed to launch a class action lawsuit against a Niagara Falls long-term care home where 18 residents have died from COVID-19, saying the home had a pub night in the midst of the pandemic.

Normal life is slowly resuming as the city of Hamilton begins to relax tight measures set in place because of COVID-19. Mayor Fred Eisenberger said now it's up to the public to help the city move in the right direction by continuing to stay two metres apart from each other and be cautious.

McMaster University is planning for fewer international students, more deferred acceptance offers and online teaching for the thousands who are attending as the start of a new school year looms in the near future and in the middle of the COVID-19 pandemic.

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BCBS Press release "Basel Committee publishes stocktake report on climate-related financial risk initiatives'", 30 April 2020

This report summarises the main results of a stocktake conducted by the Basel Committee of its members' initiatives on climate-related financial risks.

We develop a parsimonious model to study the effect of regulations aimed at reducing counterparty risk on the structure of over-the-counter securities markets. We find that such regulations promote entry of dealers, thus fostering competition and lowering spreads. Greater competition, however, has an indirect negative effect on market-making profitability.

Banks' performance on equity and debt markets since the Covid-19 outbreak has been on a par with that experienced after the collapse of Lehman Brothers in 2008. During the initial phase, the market sell-off swept over all banks, which underperformed significantly relative to other sectors. Still, markets showed some differentiation by bank nationality, and credit default swap (CDS) spreads rose the most for those banks that had entered the crisis with the highest level of credit risk. The subsequent stabilisation, brought about by forceful policy measures since mid-March, has favoured banks with higher profitability and healthier balance sheets. Less profitable banks saw their long-term rating outlooks revised to negative. And the CDS spreads of the riskiest banks continued increasing even through the stabilisation phase.

Opening remarks by Ms Christine Lagarde, President of the European Central Bank, at the Online Edition of The State of the Union conference organised by the European University Institute, 8 May 2020.

See volume, open interest, and other trading highlights for Fertilizer swaps and futures markets offered by CME Group.

A look at support and regenerative policy initiatives by the Federal Reserve and the Government as more than 20 million jobs were lost in April 2020.

Bank of Italy Working Papers by Giorgio Albareto, Andrea Cardillo, Andrea Hamaui and Giuseppe Marinelli

Bank of Italy Working Papers by Andrea Gazzani and Alejandro Vicondoa

Bank of England Working Papers by Aydan Dogan and Ida Hjortsoe

Bank of England Working Papers by Nicola Garbarino and Benjamin Guin

Bank for International Settlements BIS Working Papers by Francesca Carapella and Cyril Monnet

European Systemic Risk Board Occasional Papers by Greg Ros

Central Bank of Chile Working Papers by Carlos Madeira

Central Bank of Chile Working Papers by Tomás Gómez, Alejandro Jara and David Moreno