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Posts by Brian Platt

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Time Is on Canada’s Side in USMCA Talks, Former Trade Chief Says Pressure on the US economy is building and Canada can likely get the best outcome in trade negotiations by waiting, according to the former Canadian negotiator who helped draft a new deal during Presi...

Lutnick is responding to reporting last week from our Ottawa reporter @brianplatt.bsky.social:

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US Commerce Secretary Howard Lutnick on Canada: "They suck."

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Telesat’s Rebuild Gets Boost From Canada’s Defense War Chest Prime Minister Mark Carney has opened the spigot for Canada to invest tens of billions of dollars more on defense, which means the country — very belatedly — just hit its North Atlantic Treaty Organiz...

Canada's biggest satellite operator Telesat is getting a boost from billions of dollars in defense spending.

CEO Dan Goldberg spoke to Bloomberg and told us how, shortly after he moved to Ottawa 20 years ago, he met a neighbour and fellow local dad — one Mark Carney

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Gas prices in Canada are up about 45% in 2026, and up 27% since the start of the Iran war www.bloomberg.com/news/article...

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Carney is removing the federal excise tax on fuel until Labour Day weekend, a move he said will drop gas prices by 10 cents/litre and diesel prices by 4 cents/litre. It does not appear the GST is being removed on fuel.

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That doesn’t fit in a headline

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CBC has called the University-Rosedale byelection for the Liberals, which means Mark Carney now has a majority government in parliament.

Two more byelections still to go tonight, and Liberals will almost certainly win at least one of them

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Interesting indeed: in 2021, Gladu opposed and voted against Bill C-6, an act that would end the practice of conversion therapy in Canada. In 2023,she introduced a bill that would declare December to be Christian Heritage Month.

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ANOTHER Conservative MP has crossed the floor to the Liberals. Marilyn Gladu, who represents Sarnia. This...is an interesting one.

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Carney on Trump/Iran: "Canada expects all parties in this conflict, in any conflict, to respect international laws, the rules of engagement, and that means not targeting certainly civilians or civilian infrastructure, and we urge all parties in this war to follow those responsibilities."

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Joly Rejects ‘Cars in a Kit’ For Stellantis to Build Chinese EVs Canadian Industry Minister Melanie Joly ruled out the use of knockdown kits if Stellantis NV wants to proceed with Chinese electric vehicle production at its idled Ontario factory, and said the plan m...

Industry Minister Melanie Joly laid out her conditions for Stellantis to build Chinese EVs (or any other car) in Brampton, and ruled out having the parts largely built in China beforehand. “We can’t bring cars in a kit to Canada,” she said. www.bloomberg.com/news/article...

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Fighting US Tariffs, Canada Mulls Its Own as Cheap Imports Surge Canadian officials are considering unusual measures to protect domestic producers of vegetables and wood products from low-priced imports.

Canadian officials are considering unusual measures to protect domestic producers of veg and wood products from low-priced imports.

It threatens to complicate Carney’s efforts to fight US tariffs, strengthen Canada’s trade relationships with other countries, and tackle cost-of-living challenges

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Minister Joly is in Vancouver so I just asked her about this.

She said Stellantis has been "presenting different scenarios" and that Canada's conditions are good jobs w/strong labour standards, secure software, local suppliers.

She highlighted Canadian parts companies Linamar, Martinrea and Magna

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Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said any Leapmotor production in Brampton “must be full vehicle assembly with local suppliers as has been the case since 1962 in that plant.”

“Chinese knockdown kits may be fine for Brazil, but they aren’t for the hundreds of Canadian auto parts suppliers who are waiting for that plant to reopen,” Volpe said in a text message. “We don’t need a bad deal, and we shouldn’t settle for one.”

Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said any Leapmotor production in Brampton “must be full vehicle assembly with local suppliers as has been the case since 1962 in that plant.” “Chinese knockdown kits may be fine for Brazil, but they aren’t for the hundreds of Canadian auto parts suppliers who are waiting for that plant to reopen,” Volpe said in a text message. “We don’t need a bad deal, and we shouldn’t settle for one.”

Comments from Flavio Volpe, who represents Canadian auto parts firms, just added to our story:

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Prime Minister Carney forges new strategic partnership with the People’s Republic of China focused on energy, agri-food, and trade To forge a new Canada-China partnership, the Prime Minister, Mark Carney, visited Beijing, the People’s Republic of China, this week. This marked the first visit to China by a Canadian Prime Minister ...

When Carney announced the agreement to lower tariffs on some Chinese EVs, it came with this provision: "It is expected that within three years, this agreement will drive considerable new Chinese joint-venture investment in Canada with trusted partners" www.pm.gc.ca/en/news/news...

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This is a ripple effect of Donald Trump's tariffs. The 25% US tariff on Canadian-built cars led to Stellantis cancelling their planned Jeep production in Canada. It may be replaced by a Chinese EV instead. But the talks are still very preliminary and would require tricky negotiations

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Stellantis has a 20% stake in Leapmotor, a fast-growing Chinese EV firm. The two companies formed a joint venture in 2024 for the purpose of global production and sales, and will soon be building a Leapmotor electric SUV in a Stellantis factory in Spain

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Stellantis in Talks to Make Chinese EVs at Idled Canadian Plant Stellantis NV is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter, a sign of how qu...

Bloomberg scoop: Chinese EVs could be built in the Stellantis plant in Brampton, where a planned Jeep production line was cancelled last year and moved to the US. Stellantis has discussed with Canadian officials the idea of building Leapmotor EVs there www.bloomberg.com/news/article...

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At a news conference, Pierre Poilievre announces his opposition to the high speed rail project proposed to connect Quebec City, Montreal, Ottawa and Toronto, calling it a $90 billion "boondoggle"

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I’ve seen enough: the Jays will be fun again this year, confirmed

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In Oil-Rich Canadian Province, a Long-Shot Secession Bid Gains Traction A separatist drive in Alberta could split a country that Trump wants to make the 51st US state.

Feature: For the first time, Alberta separatists might force a referendum on seceding from Canada.

I spoke to separatists, Alberta's premier and its opposition leader, a Calgary MP, economist Trevor Tombe, "Forever Canada" petition organiser Thomas Lukaszuk, and business.

Gift link:

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Carney’s Rival Meets Joe Rogan to Sell Free Trade to the Manosphere Before Canada’s election last year, Conservative Party Leader Pierre Poilievre turned down an invitation to appear on the world’s most popular podcast, The Joe Rogan Experience. Rogan had recently end...

Before the election, Conservative Leader Pierre Poilievre declined an invite to appear on Joe Rogan’s podcast. After losing to Mark Carney, he’s reversed course, taking his anti‑tariff, free‑market message to Rogan’s studio
www.bloomberg.com/news/article... @brianplatt.bsky.social @bloomberg.com

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Canada’s Population Falls for Second Consecutive Quarter Canada’s population declined again in the fourth quarter as the number of non-permanent residents in the country continued to fall.

Preliminary estimates show Canada's population declined over the entire calendar year, falling by 102,436 or 0.2% in 2025.

That would be the first annual decline on record.

@nojoudalmallees.bsky.social

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vladimir guerrero jr. joins the show during a postseason imgplay Alt: Daaaaa Yankees lose with David Ortiz and Vlad Guerrero Jr

ONCE MORE WITH FEELING

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China’s BYD Open to Building Cars in Canada, Buying Out Rivals BYD Co., China’s largest car manufacturer, is actively considering building a plant in Canada while also keeping its options open to acquire a more established global automaker.

China's BYD is actively studying the Canadian market for a potential auto factory, a top executive tells Bloomberg. But BYD is less interested in the Carney's government plan that it be a joint venture with Canadian firms. “I don’t think a JV will work" www.bloomberg.com/news/article...

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(Bloomberg) -- The Canadian economy lost the most jobs in more than four years last month, driving the unemployment rate up to 6.7%.

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Canada's Trade Deficit Widens as Auto Trade Weakens Canada’s trade deficit widened in January as exports of motor vehicles and parts fell to the lowest level in more than four years.

(Bloomberg) -- Canada’s trade deficit widened in January as exports of motor vehicles and parts fell to the lowest level in more than four years.

www.bloomberg.com/news/article...

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"Among the issues that will be investigated are taxes on digital services and alleged currency manipulation"

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Canada Asks Oil Sector to Release Some Reserves to Support IEA The Canadian government has asked oil companies to release some of their reserves to support the International Energy Agency’s plan to inject 400 million barrels of stockpiled oil into the market.

NEW: The Canadian government has asked oil companies to release some of their reserves to support the International Energy Agency’s plan to inject 400 million barrels of stockpiled oil into the market. www.bloomberg.com/news/article... My latest for @bloomberg.com

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Canada PM Carney Approaches Majority With Fourth Defecting Rival Canadian Prime Minister Mark Carney is closing in on a majority in Parliament after a fourth lawmaker defected to his ruling Liberal Party.

Canadian Prime Minister Mark Carney is closing in on a majority in Parliament after a fourth lawmaker defected to his ruling Liberal Party.

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