Morning Update: Hockey Canada asked sponsors about ousting some of its top executives

Organization raised departures of some executives, board members in bid to regain support

on markets on Tuesday as decades-high inflation and surging gas prices drag Europe towards recession, pushing the euro to a 20-year low against the U.S. dollar. Around 5:30 a.m. ET, Britain’s FTSE 100 was down 0.41 per cent. Germany’s DAX rose 0.34 per cent while France’s CAC 40 slid 0.02 per cent. In Asia, Japan’s Nikkei finished down 1.19 per cent. Hong Kong’s Hang Seng lost 0.78 per cent. New York futures were modestly higher. The Canadian dollar was trading at 76.77 US cents.

New study findings out of McMaster University in Hamilton suggest that iodine deficiency may be on the rise in certain parts of Canada owing to changing cooking and eating habits. about iodine – and why salt iodization may not be as effective as it once was at ensuring adequate levels of the nutrient.Police bassist Sting performs during the group's evening set at Police Picnic, August 23, 1981 in Oakvile, Ont.The New Wave genre had its mini-Woodstock on this day in 1981, when more than 25,000 kids flocked to a farmer’s field for a day-long exhibition of pop music marinated in punk, reggae and ska.

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