It does sound a bit like Lutnick begins a sentence by saying "They suck - " before interrupting himself and pivoting to start again in a different way.

Here's the clip: x.com/semafor/stat...

Lululemon Founder Chip Wilson Is Starting Athletic-Brand Venture Chip Wilson is building up a business of small athletic-focused brands, according to a person familiar with the matter, setting up new avenues for potential growth for the billionaire founder of Lulul...

Lululemon founder Chip Wilson is building up a new Vancouver-based business of small athletic-focused brands. It will include new brands as well as existing small brands

Air Canada Suspends Flights to JFK Over Rising Fuel Costs Air Canada will suspend daily flights to John F. Kennedy International Airport in New York City amid soaring jet fuel costs.

Air Canada will suspend its four daily flights to JFK from Toronto and Montreal in New York due to soaring jet fuel costs, reports @mathieudion.bsky.social

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:

US commerce secretary lashes out at Canada ahead of trade talks: ‘They suck. … Is this nuts?’ Howard Lutnick spoke at Semafor World Economy months before USMCA is due for an extension.

More here from Semafor:

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

Tesla Cybertruck Sales Were Inflated by a SpaceX Buying Spree Almost one in five pickups registered during the fourth quarter went to another company in the billionaire’s business empire.

Almost 1 in 5 Cybertrucks registered in Q4 in the US were delivered from one part of Musk’s business empire to another

SpaceX accounted for 1,279 of the 7,071 Cybertrucks registered during Q4, according to data S&P Global Mobility provided to Bloomberg. Other Musk ventures acquired another 60.

Cineplex has 74% market share in Canada.

Canada’s Cineplex Is Gauging Interest From Potential Buyers Cineplex Inc., Canada’s largest movie theater chain, is shopping itself to potential buyers in a bid to combine with a rival.

Exclusive from colleagues: Cineplex, Canada’s biggest movie theater chain, is shopping itself to potential buyers in a bid to combine with a rival

@irenegperez.bsky.social and Thomas Buckley

"The reasonable worst-case scenario warned that supplies of CO2 could fall to just 18% of current levels. This was predicated on a key UK plant suffering a mechanical error, and high gas costs leading to a fall in production across Europe of ammonia and fertiliser which make CO2 as a by-product."

Britain preparing for food shortages as Iran war bites Secret government analysis sets out ‘worst-case scenario’ whereby a lack of critical carbon dioxide supplies would hit farming and the hospitality sector

The Times reports UK "worst-case" contingency plans for food disappearing from shelves if Strait of Hormuz stays closed

Story focuses on possible CO2 shortage. It's used to slaughter animals & increase food shelf-life

Officials plan to prioritise health (CO2 is used to cool blood and vaccines)

Trump Threatens to Alter UK Trade Deal’s Terms, Sky News Reports US President Donald Trump suggested he might want to renege on the terms of a tariff deal the US reached with the UK as he raised complaints about Britain’s domestic policies and Prime Minister Keir Starmer.

Trump suggested he might want to renege on the terms of a tariff deal the US reached with the UK.

Allbirds Soars 373% After Sneaker Firm Rebrands as AI Stock Allbirds Inc. shares more than quadrupled after the former shoemaker, just days away from ceasing operations, said it would pivot its business to AI compute infrastructure.

Shares in shoe brand Allbirds soar 373% after it rebrands as an AI stock

Telesat is a very interesting story. Shares up 155% in the last 12 months

The company is in the midst of a high-wire transformation to build a new low-Earth orbit fleet

In December it won an Arctic military communications contract with MDA Space which had been under discussion since at least 2010

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

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.

And the Liberals have won Terrebonne too, CBC projects, which gives the Liberals 174 of 343 seats in the House of Commons

Conservative leader Pierre Poilievre comments on Carney getting a majority:

The Liberals have now also won Scarborough Southwest, the CBC projects.

Terrebonne, today's third and final by-election, will be closer and is expected to take much longer to call.

Carney Clinches Majority Government to Push Energy and Trade Ambitions Prime Minister Mark Carney secured a majority government after his Liberal Party won a key special election, giving his administration the ability to push ahead faster with an economic agenda centered...

Prime Minister Mark Carney secured a majority government after his Liberal Party won a special election, giving him the ability to push ahead faster with an agenda centered on expanding energy exports and reducing Canada’s reliance on the US
www.bloomberg.com/news/article... @bloomberg.com

The CBC projects that the Liberals have won the University-Rosedale by-election, and therefore Mark Carney has a majority.

Two by-elections from today are yet to be called.

Microsoft Staff Tell Some Carbon Capture Companies It’s Pausing Deals It’s the world’s biggest carbon removal program.

Microsoft staff told some project developers it was pausing its carbon credits program, and more stories on today’s Green Daily newsletter

Peter Magyar’s opposition Tisza party took an early lead against Viktor Orban, according to a partial count based on about 15% of votes counted

Follow the latest: bloom.bg/4svUk11

Belatedly, my question to Mr. Poilievre at yesterday's press conference, and his response

(Credit: CPAC)

Scoop from @erikhertzberg.bsky.social: The Bank of Canada and major Canadian financial firms and banks met Friday to discuss cybersecurity risks raised by Anthropic's latest AI model:

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

The Canadian economy added a modest 14,100 jobs in March, in line with economists’ expectations but marking only a partial reversal of the 109,000 positions lost in the first two months of the year. @nojoudalmallees.bsky.social

British Columbia's credit rating has been downgraded again today by two separate firms, Fitch and DBRS

The political debate over a court ruling recognizing Indigenous land rights in the Vancouver area escalated on Thursday after Conservative Leader Pierre Poilievre urged the prime minister to intervene.

Poilievre here