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Investors see ANOTHER return from Masterworks (!!!!)

That’s 6 sales in 7 months. 29 all time. And the performance?

16.5%, 17.6%, and 17.8%, net annualized returns on sold works held longer than one year (See all 29 at Masterworks.com)

It’s not from stocks, private equity, or real estate… it’s from contemporary and post war art. Crazy, right?

With Masterworks, you don’t need to be a BILLIONAIRE to invest in multi-million dollar art anymore.

Historically, the segment overall has had attractive appreciation and low correlation to stocks.*

Masterworks targets works featuring legends like Banksy, Basquiat, and Picasso, identifying what they believe to have significant long-term appreciation potential, not just at the artist level but at the level of individual artworks.

As one of the largest players in the art market, with $1.3 billion invested over 500 artworks, they pass critical advantages through to their 70,000+ members to add art to their portfolios strategically.

Looking to diversify your investments in 2026?

*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.

Happy Friday, Edmonton!

It is a warm one out there today with a chance of thunderstorms rolling in through the morning, so maybe hold off on the patio until things settle and then enjoy the rest of the afternoon properly. We have a good one for you today including a young Edmontonian who just won a significant scholarship for building something genuinely useful, a warning from Canada's central bank that hits close to home for a lot of us and a special edition Local Love Spotlight coming separately into your inbox, on a business that is truly one of a kind in this country.💛

Edmonton student wins $100,000 scholarship for building urban tree website

An Edmonton high school student just won a $100,000 scholarship for creating a website that maps and tracks every urban tree in the city.

  • Josh Kirsch built Ancient Roots Alberta to identify tree species and measure the environmental impact of Edmonton's urban forest.

  • The scholarship supports his next steps in environmental science and technology.

What tree in your neighbourhood do you think deserves some recognition?

Edmonton Muslims mark Eid al-Adha with prayers and celebrations across the city

Edmonton's Muslim community came together Wednesday for Eid al-Adha, marking the Festival of Sacrifice with communal prayers, festive meals and family gatherings at mosques across the city.

  • Eid al-Adha commemorates Prophet Ibrahim's willingness to sacrifice his son in obedience to God and is one of the most significant days in the Islamic calendar.

  • Families gathered for celebrations with friends and neighbours following morning prayers at mosques around Edmonton.

To everyone in Edmonton and surrounding areas celebrating, Eid Mubarak from all of us at the Urban Brief.

William Hawrelak Park is back and the city is throwing a free party this Saturday

William Hawrelak Park is officially reopened and Edmontonians are invited to celebrate this Saturday with a free afternoon of performances, food trucks and games.

  • The event runs May 30 from 11 am to 4 pm with a formal ceremony at 12:30 pm and a new Indigenous public art piece by Cheyenne Rain LeGrande on display.

  • Parking is limited so the city recommends transit or the free shuttle running to the park.

A great excuse to get outside this weekend.

Carney tells New York "Canada Strong will make America great again" as CUSMA deadline looms

Prime Minister Mark Carney took Canada's pitch directly to American investors Thursday, telling the Economic Club of New York that a strong Canada is good for America too.

  • Carney called Canada America's largest customer and pushed for deeper ties in auto, energy and critical minerals ahead of the July 1 CUSMA review, when each country must decide to renew, withdraw or trigger years of further talks.

  • Trade Minister Joly confirmed Carney and Trump are in constant contact, with ministers set to fan out across the US in the coming weeks.

With the review six weeks out, is the pitch landing where it needs to?

Bank of Canada says many households are one shock away from serious trouble

Canada's central bank is warning that a volatile global environment and high household debt leave many Canadians with almost no room to absorb a setback.

  • The Bank of Canada's Financial Stability Report says those carrying the heaviest debt loads cannot absorb a job loss or an unexpected bill, and the overall data masks how stretched many households actually are.

  • The Iran war, CUSMA uncertainty and AI-driven cyber risks are flagged as the three biggest threats to financial stability heading into the second half of 2026.

If the Bank of Canada's concerns hit close to home, what would it take to change that for you?

Go from AI overwhelmed to AI savvy professional

AI will eliminate 300 million jobs in the next 5 years.

Yours doesn't have to be one of them.

Here's how to future-proof your career:

  • Join the Superhuman AI newsletter - read by 1M+ professionals

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Oil markets are betting the Iran war ends fast. Analysts say that bet could sting.

Investors have pushed Brent crude down near $96 on hopes of an imminent peace deal, but analysts are warning the optimism is running well ahead of reality.

  • US-Iran talks remain stuck on two sticking points: who controls Iran's uranium stockpiles and who controls the Strait of Hormuz after any deal is signed.

  • CNBC analysis published Thursday says markets may be pricing in an outcome that the diplomatic track simply does not yet support. Follow-up to Issues 77 through 85.

Alberta royalty revenues track directly with Brent, so the gap between market hope and ground truth matters here more than most places.

Daily news for curious minds.

Be the smartest person in the room. 1440 navigates 100+ sources to deliver a comprehensive, unbiased news roundup — politics, business, culture, and more — in a quick, 5-minute read. Completely free, completely factual.

Edmonton local Weather

Day ⬆10° higher than historical avg, Night ⬆7° higher than historical avg.

🌤️ Edmonton Weather - Friday May 27th

Friday is looking warm with a high around 28°C and a 40 percent chance of thunderstorms through the morning before things ease off into the afternoon. If you are heading to the Hawrelak Park reopening on Saturday, the forecast shows a cooler day with showers possible, so pack a layer and keep an eye on conditions before you head out.

Feature My Business

Do you have a business you’d like us to show case or shine a spotlight on? Tell us about it by submitting a request here ➡ [email protected]

📅 Events Happening This Week in Edmonton

Friday May 29

🌸 UFest Edmonton Ukrainian Festival 🎟️ Details
🗓 May 29–30 · Evening opening on May 29 · 📍 Borden Park, Edmonton
A two-day Ukrainian cultural festival.

🌸 Cooking Class: Ramen Masterclass 🎟️ Details
🗓 May 29 · 6:00 PM–9:30 PM · 📍 Edmonton
A hands-on cooking class listed on the Edmonton Events Calendar.

🌸 Preseason: Calgary Stampeders at Edmonton Elks 🎟️ Details
🗓 May 29 · 7:00 PM · 📍 Commonwealth Stadium, Edmonton
A preseason football game in Edmonton.

🌸 Beverly Towne Farmers’ Market 🎟️ Details
🗓 May 29 · 3:00 PM–7:00 PM · 📍 Riverview Crossing Shopping Centre, Edmonton
A Thursday evening east Edmonton market.

🌸 Southwest Edmonton Farmers’ Market 🎟️ Details
🗓 May 29 · 3:30 PM–7:30 PM · 📍 Terwillegar Recreation Centre parking lot, Edmonton
A weekly Wednesday market.

Saturday May 30

🌸 UFest Edmonton Ukrainian Festival 🎟️ Details
🗓 May 30 · All day · 📍 Borden Park, Edmonton
Festival programming continues on day two.

🌸 Outrun the Stigma Annual Run 🎟️ Details
🗓 May 30 · Morning · 📍 Edmonton
A city-listed run/event supporting mental health awareness.

🌸 Leduc Black Gold Pro Rodeo & Fair 🎟️ Details
🗓 May 30–31 · Weekend programming · 📍 Leduc
A major regional rodeo and fair.

🌸 Bountiful Farmers’ Market 🎟️ Details
🗓 May 30 · 10:00 AM–4:00 PM · 📍 3696 97 Street NW, Edmonton
A year-round market open Friday.

🌸 Beverly Towne Farmers’ Market 🎟️ Details
🗓 May 30 · 3:00 PM–7:00 PM · 📍 Riverview Crossing Shopping Centre, Edmonton
A Friday east Edmonton market.

🌸 Southwest Edmonton Farmers’ Market 🎟️ Details
🗓 May 30 · m3:30 PM–7:30 PM · 📍 Terwillegar Recreation Centre parking lot, Edmonton
A weekly Wednesday market.

Sunday May 31

🌸 Edmonton International Cat Festival 🎟️ Details
🗓 May 31 · All day · 📍 Edmonton
A cat-themed citywide festival.

🌸 Leduc Black Gold Pro Rodeo & Fair 🎟️ Details
🗓 May 31 · All day · 📍 Leduc
The rodeo and fair wraps up on Saturday.

🌸 Bountiful Farmers’ Market 🎟️ Details
🗓 May 31 · 10:00 AM–4:00 PM · 📍 3696 97 Street NW, Edmonton
Open Saturday as part of its regular Fri–Sun schedule.

🌸 Old Strathcona Farmers’ Market 🎟️ Details
🗓 May 31 · 8:00 AM–3:00 PM · 📍 10310 83 Avenue NW, Edmonton
Edmonton’s original market, open Saturdays year-round.

🌸 Callingwood Farmers’ Market 🎟️ Details
🗓 May 31 · 10:00 AM–3:00 PM · 📍 69 Avenue & 177 Street, Edmonton
A Saturday version of the west Edmonton market is not listed; this market is Sunday only, so I’m leaving it out of the live Saturday picks.


STORY CORNER 📖

The Park That Belongs to All of Us

The first time Linda brought her daughter Maya to William Hawrelak Park, Maya was two years old and absolutely terrified of the ducks.

She screamed. She hid behind Linda's legs. She pointed at them like they had personally wronged her.

By the end of that afternoon, Maya was throwing bread crusts into the water and laughing so hard Linda had to sit down.

That was nineteen years ago.

Since then, Hawrelak Park has been the backdrop for more of their family's moments than Linda can count. The summer Maya learned to ride a bike on the path along the lake. The afternoon Linda's husband proposed the idea of adopting a second child, right there on the grass, and they both cried a little and then laughed at themselves for crying. The day after Linda's mom passed, when she did not want to be inside and did not know where else to go, and somehow just being near the water made the world feel a little more bearable.

Parks do that. They hold things for you.

When Hawrelak closed for renovations, Linda kept meaning to find somewhere else. She never quite did. Not because there are no other parks in Edmonton. There are beautiful ones. But this one was theirs.

Maya is 21 now. She lives in the Glenora neighbourhood, five minutes from the park. She texted Linda on Wednesday when she saw the reopening announcement.

"Saturday?" she wrote.

Linda replied in about four seconds.

There will be food trucks and performances and a free celebration running from 11 am to 4 pm. There will be a new piece of Indigenous public art by Cheyenne Rain LeGrande that nobody has seen yet. There will be families who have not been there in months, and couples who fell in love on those trails, and kids who are about to have their very first duck encounter.

Some of them will be terrified.

All of them will be back.

William Hawrelak Park reopens tomorrow. If this city has given you any good days at all, you probably know exactly why that matters.

We will see you out there.

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