CICT - Monday, May 27, 2024 - 08:00 a.m. (ET) - Segment #8

time to get ready -- get the patio furniture out, folks, it's time, and backups past 130, and southbound just up to airport trail, and checking with brandi on that and glenmore trail, and we're in the thick of it on the morning drive to work, and this is 52nd avenue, and one lane open to the left, and one lane open to the right, and you're streaming out of the downtown core, and instead of two lanes to the left, and one on each side, and we're in the centre of the road and making progress, and this is deerfoot, 130th, and keep that in mind, and extra 10 to 12 minutes for northbound deerfoot driver, and what do you see? >> We're the tail end of the delays for deerfoot, and that is country hills boulevard which is the top part of the screen, and from this part, all the way to McKNIGHT boulevard, and leslie has been showing you the you the construction that they've been doing, and all the way from McKNIGHT, and bunchy for southbound deerfoot this morning morning. Get a deal home hardware and deals on composite deck boards and beauty tone paint. Only until june 5th up in global 1, I'm brandi warren. >> Blake: >> Blake: time now for money matters. Joining us from the baun and pate investment group is darren cooper. >> Good morning, blake. >> It's a holiday monday in the states, but what can you tell news. >> The tsx end up 22,361. And the s and p small downdraft. And the dow jones down 2 points, and nasdaq up 2 points. Quiet on the premarkets for tomorrow. And oil up to 78.44. Natural gas up 4 cents. 2.56. And gold up $16 an ounce. >> Blake: so much happening in the world of A.I. elon musk has his hands in that space. What can you tell us about x A.I. >> Elon musk's x A.I. platform, and the best known is grok which is known as the form of ChatGPT, and they raised $6 billion, and backed by the investors. And the premoney capital was $18 billion, and with $6 billion, it brings it to 24. The money allows the company to take the products to market and accelerate the research and development. Musk is in competition with openai that he helped to found and soured on as late, and taking them on head on, and the last valuation had the company at 80 billion in february, and I have no idea what they would be with all of the growth they've seen, and this is interesting, for sure. >> And that is something to watch going forward, and you're watching indigo, and what is going on there. >> This is my wife's story, and centre favourite book heather wiseman, and spouse gerry schwartz are taking the company private, and it will be taken private for $2.50. Proxies firms iss and glass lewis recommended that the shareholders take heather's pick on this and vote yes. Which would not be a bad deal for some investors who bought the stock at the bottom at a dollar in september. Offering $2.50. It's time for the company to go private in the hands of heather again. >> We'll see what happens. If they follow heather's pick indeed. Leave it there. Thanks, darren. Have a great monday. >> You, as well. >> Darren cooper with the baun and pate investment group. Still ahead, an investigation into forest practices in western canada. But the heat's not coming from within our country. Why our forest policies are under fire in the united Good news is brought to you in part by Shane Holmes. Honoured to have built memories with you for the past 45 years. After a night shift, I do everything to stay quiet. But the second I touch the bed... I'm We have mattresses to help reduce motion transfer. So light sleepers can stay asleep. At Sleep Country, We Solve Sleep. The Do Not Disturb Event Is On Now ( )

( ) Daisy Wild, The New Eau de Parfum, by Marc Jacobs. A happy place comes in many colours, like one that leaves you feeling refreshed. Whatever your colour, bring happiness home with CertaPro Painters and make your happy place, your home. CertaPro Painters. That's Painting Happy. ( ) Seeing clearly matters. Being seen matters more. Get frames and Lensesstarting at $79. Nobody cares for eyesmore than Pearle. Now don't you ever Be sad Lean on me-me-me-me... Lean on me Lean on me, lean on me Lean on me, lean on me Hold on I'm comin' Hold on I'm comin' Hold on I'm comin' Hold on Dash that, and more, with DoorDash. Don't suffer through another winter without a hot tub or swim spa again. It's time to get started with the experts at r&r Hot Tubs and Spas. As a local family-owned business. R&r has helped thousands like you find the perfect solution. With their commitment to excellence. R&r offers high quality products and top-notch service within your budget. Don't wait another day. Get started today with RnR's team of experts. Let RnR Hot Tubs and Spas help you do it right the first time. Your one stop hot tub shop. You don't need to sensationalize to write a sensational story about this case How can you stab this little girl 72 times? What's going on? This is insane You can't just kill somebody like Johnny Papalia And revenge is a dish best served cold in the mafia They're incompetent, they don't know how to do a criminal investigation He may not have gotten his hands dirty, but he did it Crime Beat Fridays on Global We're ready. ANNOUNCER:9-1-1,season finale Thursdayat 8 Eastern on Global. >> Welcome back. A british documentary is shedding light on b.c.'s forestry practices, specifically the production of wood pellets, >> They are made up of savings and moisture content creates a highly efficient burn that can be used for fuel. This is meant to divert millions of tons of waste from landfills. But as paul johnson reports, it's the way that B.C. is producing wood pellets that has environmentalists concerned. >> Reporter: you're watching a long form investigative news story about alleged environmental problems with the wood pellet industry in the interior of B.C. >> They breached environmental regulations 189 times. >> Reporter: this program, though, was not broadcast in canada but was produced by the bbc of the U.K. >> As it turns out, the environmental and forest policies at play here in british columbia, alberta, and across canada are actually a huge point of contention right now in the united kingdom. >> Reporter: stand.earth forest campaigner says what got B.C. on the U.K. radar is the drax power station which runs in the U.K. run off of wood pellets, most of them sourced from B.C. they are in the interior. >> In some cases, emissions were twice the one limit. In one case, burn lake, the emissions were triple the allowed limit. >> Reporter: aside from the air quality issues, what troubles conservationists in the U.K. and here is the extent to which drax may be turning whole logs into fuel pellets which could undermine the company's self-proclaimed status as a green and renewable business. While drax told global the primary feedstock is residue from sawmills, hansen says she's seen whole logs herself at their facilities. >> I've walked around the pellet plants. I've seen these enormous pellet logs anyone going to the pellet plan knows sheer grinding trees to turn into pellets. >> Reporter: B.C. forest minister told global news that our old growth forests are not being turned into pellets. And on the emissions problem, drax told us they've all been minor and that they've working to raise standards on the plants they've acquired in B.C. paul johnson, global news. [ ] >> Blake: well, very close

call in a as a matter of fact field. >> Dallas: wow. It's got experts concerned about a potentially dangerous situation. We've got more on space junk after Are you ready to playBig Brother? Mmm, are you ready? You don't wanna miss out. Announcer: Big Brother, special two-night premiere July 17th and 18th on Global. [Song playing - Here Comes theHotstepper by Ini Kamoze] [people shaking the ice in their cups] [people shaking the ice in their cups] [people shaking the ice in their cups] My clothes look fresh but I need them to smell fresh, too. That's why I add Downy Unstopables to my wash. Now I'll be smelling fresh all day long. Still fresh. Still fresh! Still fresh. Still fresh, you nasty little goblins! Still fresh! Still? Still. Still here. Still Fresh! Get 6 timeslonger-lasting freshness, plus odor protection withDowny Unstopables. (Sentimental instrumental music) ( ) ( ) ( ) ( ) ( ) Need help reducing the look of your dark spots? New nivea luminous630 dark spot solution 10 years of research. 1 patented solution. Reduce the look of dark spots and try the world's #1 dark-spot serum for luminous skin. 100% Satisfaction Or Your Money Back. The granite guys offerpremium custom countertopswith a large selection of qu -Spring is a perfect timeto get things done. It's great to know a Flexi Linecan help you do that. -Call us today at1800-NEW-CAPITAL to see what'savailable to you. Weather Window is brought to you in part by Birchwood Furniture Galleries. Learn more at BirchwoodFurniture.ca >> Leslie: 7:5151. Slowdowns stoney trail and you name it. We have it. And this is memorial from the zoo overpass, and far right lane, and the single lane exit on to the 4th avenue flyover stretches back towards deerfoot at this point, but slow for all of the lanes right now, and slow over top of glenmore, and this is travelling eastbound, and right into the sun, and glarey for you folks, and crowchild exiting on eastbound glenmore trail and slow approaching southbound crowchild, and glenmore, and the exit ramp and on the merge. Going to brandi and taking a look at the traffic, and right now, and seeing right in the thick of things, brandi, seeing slowdowns. >> Tiffany: this is constructionson, and that is contributing, and down in 14th street, and anderson road, and it is a complete closure, and elbow drive is your alternate route, and access off the south end off canyon meadows, and the stop part of the -- top part of the screen, and anderson road, and travelling to the right side, and battling the morning sun heading to macleod trail. Sunny days are great to explore brookfield's five sought-after communities. Visit brookfieldbelong.ca. Up in global 1, I'm brandi warren. >> This global news pollen report is brought to you by reactine. Breathe it all in with reactine. >> Tiffany: thank you, brandi. You might need some reactine heading out the door. The pollen level... If those are your unusual irritants, you may want to grab an antihistamine today. That uv index is going to be high this afternoon at 6, and you want some sunscreen, as well, if you are spending time outside in the sun, and the sun

Copyright protected and owned by broadcaster. Your licence is limited to private, internal, non-commercial use. All reproduction, broadcast, transmission or other use of this work is strictly prohibited.

Transcripts