The Trump administration is demanding concessions from Canada before it will begin serious talks on the US-Mexico-Canada Agreement, says ex-Quebec Premier Jean Charest, a member of Prime Minister Mark Carney’s advisory committee on US trade
www.bloomberg.com/news/article... @bloomberg.com
US Trade Representative Jamieson Greer said the US might have to take "enforcement action" against Canada over provincial bans on American wine and spirits
www.bloomberg.com/news/article... @bloomberg.com
It's a gift link :) Story doesn't address how Alberta would persuade Indigenous communities. Certainly not all will agree. But the MOU requires the pipeline to have some Indigenous co-ownership. And legally, federal government can approve pipelines without consent of BC or all First Nations (TMX).
SCOOP from @brianplatt.bsky.social: Alberta is looking at three northern British Columbia options for a new oil pipeline to ship 1 million barrels a day to Asian markets, according to people familiar with the matter www.bloomberg.com/news/article... @bloomberg.com
Prime Minister Mark Carney’s government is extending its campaign to assert Canadian sovereignty all the way into space -- introducing legislation aimed at giving the government authority to oversee launch and re-entry from Canadian territory www.bloomberg.com/news/article... @bloomberg.com
Prime Minister Mark Carney is turning to some of Canada’s most prominent business executives, including Bank of Montreal’s Darryl White, to give him advice on how to handle Canada’s economic relationship with the US www.bloomberg.com/news/article... @bloomberg.com
A Canadian who was detained in China for nearly three years warned that Prime Minister Mark Carney’s automotive trade deal risks creating a strategic dependency that the Asian superpower can exploit for political coercion www.bloomberg.com/news/article... @bloomberg.com
Ontario’s representative to the US said he’s confident an agreement to resolve trade frictions between Canada and the US is possible in 2026 www.bloomberg.com/news/article... @melissagshin.bsky.social @bloomberg.com
Canada’s inflation rate surged to 2.4% in March as the Iran war triggered a record spike in gasoline prices. But it came in slightly lower than the 2.6% increase economists expected, prompting a bond rally at the short end of the curve
www.bloomberg.com/news/article... @bloomberg.com
Canadian consumers and businesses expect higher inflation due to the Iran war, according to Bank of Canada survey data released Monday. But firms say their ability to pass on input costs through price increases is limited by weak demand
www.bloomberg.com/news/article... @bloomberg.com
Canada’s finance minister plans to discuss Anthropic’s Mythos model when he meets with US Treasury Secretary Scott Bessent this week www.bloomberg.com/news/article... @erikhertzberg.bsky.social @bloomberg.com
Interesting pair of stories:
-Javier Blas interviewed Energy Minister Tim Hodgson about his aim of growing oil exports www.bloomberg.com/opinion/arti...
-Robert Tuttle reports firms are paying debt, boosting shareholder returns, not raising output amid Iran war www.bloomberg.com/news/article...
Canada's rising defense spending is boosting Telesat's outlook. The company won a C$5B Arctic communications contract and shares are up 57% this year as it builds a new satellite fleet
www.bloomberg.com/news/article... @twseal.bsky.social @bloomberg.com
??? This story ran after they won the first of three byelections, aka special elections, giving them a 172-seat majority in the House of Commons. It's since been updated to reflect they won all three. And it notes that their path to a majority was paved by five defections from opposition parties.
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
Bloomberg writes for a global audience, not just an American one. We're trying to communicate clearly for any reader!
Canadian Prime Minister Mark Carney is on the cusp of securing a majority government as voters head to the polls Monday in special elections to fill three vacant seats, with the Liberals favored to win at least two of them www.bloomberg.com/news/article... @nojoudalmallees.bsky.social @bloomberg.com
My husband, Sunny Dhillon, joined Jennifer Palma on @globalnews.ca to discuss his memoir, "Hide and Sikh: Letters from a Life in Brown Skin." They talked about how our daughter's birth inspired him to connect more deeply with his culture globalnews.ca/video/117980...
SCOOP from @erikhertzberg.bsky.social: The Bank of Canada and the country’s major banks and financial firms met Friday to discuss cybersecurity risks raised by Anthropic’s latest artificial intelligence model, Mythos www.bloomberg.com/news/article... @bloomberg.com
US consumer sentiment fell to a record low, indicating Americans' increasing worries about mounting inflation due to the Iran war www.bloomberg.com/news/article... @bloomberg.com
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
www.bloomberg.com/news/article... @nojoudalmallees.bsky.social @cuhe.bsky.social @bloomberg.com
“Canada has more leverage than they actually realize they have” in trade discussions with the US, says Barry Appleton, an international trade lawyer who has given testimony to governments and agencies in both countries
www.bloomberg.com/news/newslet... @decloet.bsky.social @bloomberg.com
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
www.bloomberg.com/news/article... @twseal.bsky.social @bloomberg.com
Canadians rank cutting fuel taxes as the No. 1 action Prime Minister Mark Carney should take to offset higher gasoline prices, according to a new Nanos Research Group survey for @bloomberg.com www.bloomberg.com/news/article... @erikhertzberg.bsky.social
A UK-led coalition of more than 40 countries, which includes European nations, Japan and Canada, has pledged to help re-open the Strait of Hormuz. The US is asking them for concrete plans to ensure navigation through the waterway within days
www.bloomberg.com/news/article... @bloomberg.com
Prime Minister Mark Carney is on the cusp of a majority government, which would clear the way for him to more aggressively pursue his agenda, including hiking defense spending, boosting oil and LNG exports and easing approvals for major projects
www.bloomberg.com/news/article... @bloomberg.com
They're coming, Canada... BYD Co. is planning to open some 20 sales locations with partners in Canada this year, @bloomberg.com reports: www.bloomberg.com/news/article...
ANOTHER Conservative MP has crossed the floor to the Liberals. Marilyn Gladu, who represents Sarnia. This...is an interesting one.
NATO allies are starting to question whether Rutte’s deferential approach to Trump — which at times turns into political cheerleading — is appropriate or even working, according to people familiar with the matter www.bloomberg.com/news/article... @bloomberg.com
