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BREAKING NEWS: A new pope has been elected

White smoke poured from the chimney of the Sistine Chapel and the great bells of St. Peter’s Basilica tolled Thursday after cardinals elected the 267th pope to lead the Catholic Church on the second day of their conclave.

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New pope elected: White smoke billows from Sistine Chapel chimney

White smoke is pouring out of the Sistine Chapel chimney, signalling that a pope has been elected to lead the Catholic Church. That means the winner secured at least 89 votes of the 133 cardinals participating in the conclave to elect a successor to Pope Francis. The crowd in St. Peter’s Square erupted in cheers.

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Taking Stock is a complete roundup of all the trending stories Canadians need to know in the world of business each week.

Taking Stock is a complete roundup of all the trending stories Canadians need to know in the world of business each week.