Tessera

Bloomberg has the text of the bridge deal. It confirms our earlier reporting: there's no clause on money going to Canada's debt before revenues are split with the US. Only operational expenses like snowclearing are deducted. Story by @joshwingrovebbg.bsky.social www.bloomberg.com/news/article...

Canada-US Bridge Pact Omits Canada’s Debt Costs, Document Shows

Canada and the US agreed to split the profit from a new bridge between Ontario and Michigan for 15 years — with no provision to cover Canada’s debt-service costs on the project, according to a copy of...

bloomberg.com

Carney was asked about the bridge today, and it seems pretty clear his earlier description of the deal was wrong. Debt servicing/repayment is not part of the bridge's expenses. It's instead taken from the net revenue Canada will now split with the US for 15 years www.bloomberg.com/news/article...

Carney Defends Deal With Trump to Split Bridge Toll Profits

Canadian Prime Minister Mark Carney defended his decision to give the US a share of the profit from a new bridge between Ontario and Michigan, saying there will be little to no proceeds to split at fi...

bloomberg.com

Canada and the US are contradicting each other on the terms of the bridge deal. Carney said Sunday that debt repayment is included as expenses before the profits are split, but a US official tells us that's not so. The latest from @joshwingrovebbg.bsky.social and I: www.bloomberg.com/news/article...

US, Canada Contradict Each Other on Financial Terms of Detroit Bridge Deal

The US and Canada are presenting different accounts of a profit-sharing deal President Donald Trump agreed to that permits a new bridge connecting Michigan and Ontario to open later this month.

bloomberg.com

The former MP for the riding where I grew up in Manitoba has been arrested after police seized 439 guns, $300,000 in cash, and a cannon in his home www.cbc.ca/news/canada/...

Former Manitoba MP Inky Mark charged with firearms trafficking after hundreds of weapons seized | CBC News

Inky Mark, a former federal politician in Manitoba, has been charged after police say they seized hundreds of improperly stored firearms from his home last week.

cbc.ca

Brian Platt @brianplatt.bsky.social · 4w ago

The Pathways carbon capture MOU between oil sands firms, the fed government and Alberta government has been published: www.canada.ca/en/one-canad...

Advancing emissions reductions and expanded export capacity: The trilateral Memorandum of Understanding between Canada, Alberta and the Oil Sands Alliance - Canada.ca

On July 2, 2026, Canada and Alberta announced they had concluded a trilateral Memorandum of Understanding (MOU) with the Oil Sands Alliance (OSA), comprised of Canada Natural Resources Limited, Suncor...

canada.ca

Our update on the Gordie Howe bridge story has a ton of detail on what exactly Canada and the US agreed to on tolls and other issues. Reported with colleagues Josh Wingrove and David Welch www.bloomberg.com/news/article...

US, Canada Strike Deal to Open Detroit-Windsor Bridge in July

The US and Canada will open the delayed Gordie Howe International Bridge connecting Detroit with Windsor, Ontario, on July 27, after the Canadian government agreed to give the US a share of net toll p...

bloomberg.com

Tyler Olsen @tyolsen.bsky.social · last mo.

Big change from TMX in the Lower Mainland is that it goes on the north side of the river between Hope and Langley in order to avoid the choke point just west of Hope. www.cbc.ca/news/canada/...

Trans Mountain expansion hits 'technical issues,' possibly delaying completion | CBC News

The company says it is fully focused on working toward an anticipated in-service date in the second quarter of 2024.

cbc.ca

Brian Platt@brianplatt.bsky.social · last mo.

The Alberta government's submission to the major projects office includes this map, and confirms it's proposed to end at Roberts Bank in the lower mainland. open.alberta.ca/dataset/a529...

The pipeline company Pembina has agreed, at least tentatively, to help build the Alberta's new oil pipeline along the TMX route. Pembina would be "complementing, rather than replacing, the lead Project proponent" www.businesswire.com/news/home/20...

businesswire.com

David Eby says "through our discussions and negotiations with the federal government, we have secured a commitment to keep the Northern Tanker Ban firmly in place." It's not immediately clear to me if that rules out a northern route for Alberta's oil pipeline

Excellent journalism job alert: Bloomberg's Ottawa bureau is hiring an editor to shepherd our government and economy coverage, contribute reporting, cultivate sources, and work on breaking news, in-depth features, and everything in between. Details here: bloomberg.avature.net/careers/Publ...

Economy and Government Editor

bloomberg.avature.net

Economy and Government Editor

bloomberg.avature.net

(Bloomberg) -- President Donald Trump is happy with Canada’s arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said.

Trump Likes Structure of Canada’s China EV Deal, Carney Says

President Donald Trump is happy with Canada’s arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said.

bloomberg.com

The G7 hot mics caught a Carney-Trump exchange that began as a joke about Macron's watch, then turned serious as Carney pitched Trump on Canada's deal on Chinese EVs. From our live blog: www.bloomberg.com/news/live-bl...

Carney, speaking at the G7 ahead of his meeting with Zelenskyy: "The tide is turning as expected in this war, and this is part of what we just discussed. Ukraine will win. It’s just a question of time, it's just a question of how much senseless slaughter Russia perpetrates."

It's the first full day of the G7 summit in France. Carney is scheduled to have multiple side meetings today, including with Ukraine's Zelenskyy and India's Modi. No scheduled meeting with Trump as of yet. Bloomberg's G7 liveblog is a great resource: www.bloomberg.com/news/live-bl...

Zelenskyy Joins Trump, G7 Leaders For Ukraine Talks

Follow live updates from day two of the G7 Leaders' Summit in Evian, France.

bloomberg.com

(Bloomberg) — Prime Minister Mark Carney said the US export ban blocking all foreign access to Anthropic’s latest artificial intelligence models underscores the risk of depending on just a handful of powerful AI tools. Story w/ @twseal.bsky.social

Carney Says Anthropic Ban Shows Risk of Relying on Big AI Models

Prime Minister Mark Carney said the US export ban blocking all foreign access to Anthropic PBC’s latest artificial intelligence models underscores the risk of depending on just a handful of powerful A...

bloomberg.com

“The US has been clear that they do not want to go to Congress to change the fundamental architecture,” Carney said about USMCA @brianplatt.bsky.social reporting from Carney's pre-G7 swing through Ireland

US Wants to Avoid Congressional Vote on Trade Deal, Carney Says

Canadian Prime Minister Mark Carney said Trump administration officials have been clear that they don’t want to trigger a vote in Congress by changing the “fundamental architecture” of the North Ameri...

bloomberg.com

(Bloomberg) — Prime Minister Mark Carney said Trump administration officials have been clear that they don’t want to trigger a vote in Congress by changing the “fundamental architecture” of the North American free trade deal.

US Wants to Avoid Congressional Vote on Trade Deal, Carney Says

bloomberg.com

Trump told reporters today he's not looking to renew USMCA by July 1. This means the deal stays in force, it just enters a period of annual rolling reviews, adding to the overall trade uncertainty with the US. www.bloomberg.com/news/article...

Trump Says US Won’t Renew USMCA, Setting Up Months of Talks

President Donald Trump said he would not reauthorize the US’s trade deal with Canada and Mexico, setting the stage for months or years of negotiations over provisions governing automobiles and other k...

bloomberg.com

Chinese refiner Rongsheng, which is already the biggest buyer of oil from TMX, is studying a potential offtake deal for the new pipeline Alberta wants to build through BC. Alberta officials have also talked to buyers and investors in Korea and Japan www.bloomberg.com/news/article...

China’s Rongsheng Weighs Alberta-to-BC Pipeline Oil Supply Pact

Rongsheng Petrochemical Co., already the biggest buyer of crude from Canada’s sole West Coast pipeline, is weighing an agreement to buy oil from Alberta’s next project, a proposed million-barrel-a-day...

bloomberg.com

The state of play on USMCA: The July 1 renewal almost certainly won't happen, sources say, which sets up rolling annual reviews and an extended period of uncertainty as the US negotiates side deals with Canada and Mexico. Story with colleague Josh Wingrove www.bloomberg.com/news/article...

US, Mexico, Canada to Miss July USMCA Date, Ramping Up Trade Tension

The US, Mexico and Canada are set to blow past a July 1 milestone to renew their trade deal, opening the possibility of months or years of haggling over the rules and tariffs for auto manufacturing an...

bloomberg.com

Heritage Minister Marc Miller is ordering the CRTC to review its decision to make streaming giants pay 15% into a CanCon fund. "At a time when Canadians face cost-of-living pressure, now is not the time to make culture and entertainment more expensive." www.canada.ca/en/canadian-...

Government of Canada announces immediate support to strengthen Canadian culture and ensure Canadian content remains affordable

Federal investments of $600 million will provide stability and immediate support to Canada’s audio and audiovisual sectors and keep Canadian culture accessible and affordable for all

canada.ca

Canada Makes New US Trade Proposals But Warns ‘Turbulence’ Ahead

Canada made new and detailed proposals on trade to the US based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc.

bloomberg.com

In the past few days, the first Chinese-made EVs have started entering Canada under the new tariff quota deal. As expected, these first shipments are almost all Teslas made in Shanghai www.bloomberg.com/news/article...

Chinese EVs Enter Canada Under Quota Deal Carney Struck With Xi

Chinese-made electric vehicles are beginning to arrive in Canada under a new arrangement that Prime Minister Mark Carney agreed to in January during a visit with China’s President Xi Jinping.

bloomberg.com

NEW: Feature and mini-documentary about how landmark court rulings since August have British Columbia gripped in a debate over Indigenous land and development rights. (1/4) Gift link:

Canada Property Owners Cry Foul After $1 Billion Indigenous Land-Rights Ruling

Landmark court decisions on Indigenous rights have rattled liberal British Columbia — and risk costing the premier his job.

bloomberg.com

Canada is set to announce a deal to sell LNG to Germany's SEFE from the planned Ksi Lisims export facility on BC's coast Helped @brianplatt.bsky.social with this scoop

Germany, Canada to Sign Major LNG Deal as Europe Seeks Energy Security

Canada is set to announce a deal to supply Germany with liquefied natural gas from a planned export facility on the coast of British Columbia, according to people familiar with the matter.

bloomberg.com

The Trump administration plans to give a waiver on the Chinese EV software ban to Volvo, which is owned by Geely, a massive Chinese car company www.bloomberg.com/news/article...

Volvo Poised to Avoid US Ban on Connected Cars Linked to China

The Trump administration is set to allow Volvo Car AB to continue operating in the US after a ban on connected vehicles and related technology from China takes effect, according to US officials famili...

bloomberg.com