Tessera

“Being a reliable supplier is important,” Carney told reporters Wednesday in response to a question about the trade war. “People trust us. And so when you’re a supplier of a key commodity, key service, you’ve got to think really hard about not supplying.”

Carney Rejects Idea of Using Oil as Weapon Against US Tariffs

Prime Minister Mark Carney rejected the notion that Canada should curb the supply of vital resources to the US to retaliate against tariffs, arguing that it’s more important for the country to keep it...

bloomberg.com

Exclusive details on who's coming to Carney's investment summit in Toronto in September. Bosses of Blackstone, BlackRock, Barclays, and some entities whose names don't begin with B, too:

Carney Draws Fink, Gray to Exclusive Investing Summit in Toronto

Toronto will be teeming with movie stars in the middle of September as the city holds one of the world’s most prestigious film festivals. This year, the Hollywood types will be joined by some of the b...

bloomberg.com

Canada plans to scrap a levy on entertainment companies including Netflix, according to a court filing In a letter to the Federal Court of Appeal, a lawyer for Canada’s attorney general said the government intends to “eliminate the base contribution requirement on streaming services”

Netflix Tax Will Soon Be Scrapped, Canada Hints in Court Filing

Prime Minister Mark Carney’s government plans to scrap a levy on entertainment companies including Netflix Inc. and Walt Disney Co., according to a court filing, after pushback from US officials and H...

bloomberg.com

Vancouver Approves Canada’s Tallest Towers West of Toronto

The city of Vancouver approved a developer’s plan for the construction of Canada’s tallest buildings west of Toronto.

bloomberg.com

PetroChina is weighing options to sell part of its shares in LNG Canada to help fund a planned expansion. China’s largest oil and gas producer plans to use proceeds from the sale to help finance the facility’s second phase, the people said.

PetroChina Is Said to Mull LNG Canada Stake Sale to Fund Growth

PetroChina Co. is weighing options to sell part of its shares in LNG Canada Development Inc. to help fund a planned expansion, according to people familiar with the matter.

bloomberg.com

President Trump posts what looks like an AI-generated picture of a gigantic air filter "wall" on the US-Canada border

Seals in Vancouver Harbour

Bloomberg News @bloomberg.com · 2w ago

Trump speaking to reporters: "I think what we're gonna do is we're gonna put a major tariff on Tex- on Mexico, because of the lettuce. And we're gonna put a big tariff on Canada, because of the smoke. Alright? Which would you have there? The lettuce, or the smoke? I think I'll take the smoke"

Prime Minister Mark Carney said Canada is weighing all options for possible retaliation if it doesn’t reach a deal with the US to avert 50% tariffs next month.

Carney Says ‘Everything’s on the Table’ If US Imposes New 50% Tariffs

Prime Minister Mark Carney said Canada is weighing all options for possible retaliation if it doesn’t reach a deal with the US to avert 50% tariffs next month.

bloom.bg

Bloomberg News @bloomberg.com · 2w ago

The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.

US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

bloom.bg

Several major Canadian natural gas producers have left one of the partners proposing the country’s second-largest gas export project, ahead of a looming final decision on construction for the plant.

Canadian Gas Producers Leave Group Supplying Ksi Lisims Project

Several major Canadian natural gas producers have left one of the partners proposing the country’s second-largest gas export project ahead of a looming final decision on construction for the plant.

bloomberg.com

The Gordie Howe bridge deal has finally been published. It's what @joshwingrovebbg.bsky.social and @brianplatt.bsky.social reported a few days ago.

Proposed Agreement in Principle | Gordie Howe International Bridge

Proposed Agreement in Principle Canada and the United States have reached agreement in principle

gordiehoweinternationalbridge.com

Gordie Howe International Bridge drama — again. “In light of trade action threatened by the United States earlier this week, it would be inappropriate to proceed with a celebratory event between the two countries," said a spokeswoman for Canada's infrastructure minister

Canada-US Bridge Opening Ceremony Called Off After Trump Tariff

Canada said it would no longer hold a celebratory event with the US for the opening of the new bridge connecting Detroit to Windsor, Ontario, after President Donald Trump promised new 50% tariffs agai...

bloomberg.com

Trump says that yesterday's threat of new 50% tariffs against Canada is not in retaliation for wildfires. He's still looking at that, separately, he says. Trump adds: "In all fairness to them, they need us to survive. Without us, there's no way they can survive"

PM Mark Carney says: • He spoke with President Trump this morning. They agreed to intensify USMCA talks in coming weeks • Canada will look at all options to respond if US 50% tariffs happen • Canada wants a comprehensive deal with the US. "We don't want a partial agreement."

BREAKING: The US is set to impose a fresh 50% tariff on some Canadian goods under a never-before-used legal provision, citing what it said was unfair treatment of American alcohol, automobile and dairy products. No USMCA exemption. But some products will be excluded Takes effect in 30 days

US Sets 50% Tariff on Some Canadian Goods Over Retaliation Claim

The Trump administration is set to impose a fresh 50% tariff on some Canadian goods under a never-before-used legal provision, citing what it said was unfair treatment by Ottawa of American alcohol, a...

bloomberg.com

Trump blames wildfires on Canada and says costs will be added to tariffs

Canada and the US agreed to split profit from the Gordie Howe bridge for 15 years with no provision to cover Canada debt-service costs, according to deal document seen by Bloomberg The agreement in principle appears to contradict public remarks from Mark Carney, reports @joshwingrovebbg.bsky.social

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

Thomas Seal@twseal.bsky.social · last mo.

Canada just confirmed it will refer the Vancouver port expansion to the Major Projects Office - as the Prime Minister all-but told me would happen two weeks ago

I asked Prime Minister Carney about his speech's mention of "C$10 billion in major infrastructure upgrades" at Roberts Bank Terminal, south of Vancouver, and whether that could be the terminus for a new pipeline for Albertan oil. He says the Major Projects Office will look at the terminal:

Mark Carney@mark-carney.bsky.social · 3w ago

Carney leaning more into extolling the benefits of a new oil pipeline:

The world wants to do more with Canada. Our MOU with Alberta will unlock those opportunities in energy — and create lasting benefits for Canadians.

US, Canada Contradict Each Other on Financial Terms of Detroit Bridge Deal @joshwingrovebbg.bsky.social @brianplatt.bsky.social

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

SpaceX shares fell below the $135 per share level sold to investors last month as part of a record $86 billion offering

SpaceX Shares Fall Below IPO Price for First Time as Hype Fades

SpaceX shares slumped to their lowest level since the rocket, satellite, and artificial intelligence company went public as investor fanfare quickly evaporated in the month since its trading debut.

bloomberg.com

Indigenous groups struck a deal for the option to acquire C$1 billion of infrastructure in Canada’s biggest liquefied natural gas project as a major expansion looms.

LNG Canada, Indigenous Groups Agree $711 Million Equity Option

Indigenous groups struck a deal for the option to acquire C$1 billion ($711 million) of infrastructure in Canada’s biggest liquefied natural gas project as a major expansion looms.

bloomberg.com