Canada’s new PM, Hudson’s Bay $1 billion in debt, Churchill portrait trial, and more

Mark Carney is Canada’s new prime minister. He and his cabinet were sworn in this morning. The cabinet is smaller than the previous government’s. Carney says his main focus will be relations with the United States. And one of his first acts: taking aim at the carbon tax. There is already pushback though – from those who say his cabinet doesn’t represent the whole country.

G7 Foreign ministers show solidarity with Canada, in the face of Donald Trump’s annexation threat.

And: It dates back to 1670, and now Hudson’s Bay Company’s days might be numbered. Court documents show the retail giant is nearly a billion dollars in debt.

Also: An art heist… unravelled thanks to a piece of tape, a storage locker, and a CBC reporter’s off-duty picture taking. The perpetrator has now pleaded guilty, and the iconic photo of Winston Churchill has been restored to the lobby of the Château Laurier. But there are still lingering questions.

Plus: Canada’s sovereignty at the G7 finance ministers conference, the aftermath of protests in Bangladesh, and more.