ICYMI, @brianplatt.bsky.social and I took stock of Mark Carney’s dramatic year and the political risks ahead in 2026. He’s one seat short of a majority, middle-aged voters don’t love his party and Canadians are most concerned about affordability: www.bloomberg.com/news/article... @bloomberg.com

The flow of asylum-seekers arriving in Canada via upstate New York has plunged, a sharp reversal from the summer months when a surge of thousands of people tried to get through the Canadian border www.bloomberg.com/news/article... @bloomberg.com @mathieudion.bsky.social

Canada is considering changes to its foreign home buyers’ ban starting in 2027 — potentially allowing foreigners to invest in new homes as Australia does — as it eyes ways to boost supply, Housing Minister Gregor Robertson tells me: www.bloomberg.com/news/article... @bloomberg.com

My book is also recommended on this list: thelogic.co/commentary/b... ( #canlit @wolsakandwynn.bsky.social @riverstreetwriting.bsky.social )

Carney one seat short of majority after second Tory jumps:

In Ma's maiden Parliamentary speech in June, he praised Carney's mandate letter as something that could have come from a "centre-right party," but said Liberals weren't "ready to protect the communities of hard-working Canadians, no matter what promises they have provided"

My book is included in this list but I hope you’ll forgive their temporary lapse in judgment

SCOOP: Canada’s ambassador to the US, Kirsten Hillman, is preparing to leave office, and Prime Minister Mark Carney is considering ex-BlackRock exec Mark Wiseman for the job. From @brianplatt.bsky.social @joshwingrovebbg.bsky.social & Layan Odeh: www.bloomberg.com/news/article... @bloomberg.com

Jim Balsillie is calling on Mark Carney’s government to do more to build economic resilience and exert sovereignty over Canadian data, saying it’s urgent to do so after the US released a new national security policy. www.bloomberg.com/news/article... @christinedobby.bsky.social @bloomberg.com

Capital Power Corp.’s top executive says it will become possible to build new gas-fired power plants to support large data centers in Alberta after the Canadian government relaxed environmental standards for electricity. www.bloomberg.com/news/article... By Robert Tuttle for @bloomberg.com

Canada’s budget watchdog is walking back his most charged criticisms of Mark Carney’s fiscal policy, but says the government’s decision to drop its debt-to-GDP guideline is a major shift that warrants more public debate. @erikhertzberg.bsky.social @bloomberg.com www.bloomberg.com/news/article...

The Bank of Canada is likely to hold interest rates steady on Wednesday amid mounting evidence the country’s labor market and economy are stabilizing after the initial tariff shock, reports @erikhertzberg.bsky.social for @bloomberg.com www.bloomberg.com/news/article...

Carney was UN's special envoy on climate action. His policy changes as Canada's PM will ensure the country will miss all climate goals, says @stevenguilbeault.bsky.social who resigned from Carney's cabinet in protest. Story with @daniellebochove.bsky.social 🎁🔗 www.bloomberg.com/news/article...

This week @stevenguilbeault.bsky.social, a respected politician and former climate activist who resigned from Mark Carney's cabinet last week, sat down with @akshatrathi.bsky.social to talk about climate policy in Canada. Full podcast included in gift link www.bloomberg.com/news/article...

My book "Hide and Sikh: Letters from a Life in Brown Skin" is now available. It's a great holiday gift for anyone that you are actively trying to annoy. You can buy it here: bookstore.wolsakandwynn.ca/products/hid... www.indigo.ca/en-ca/hide-a... www.amazon.ca/-/fr/Hide-Si... #canlit #booksky

The Canadian government will likely look at selling equity in the state-owned Trans Mountain oil pipeline only after steps are taken over the next few years to maximize its output, Energy Minister Tim Hodgson said www.bloomberg.com/news/article... @brianplatt.bsky.social @bloomberg.com

Our new @bloomberg.com Canada Daily newsletter launches TODAY! It's timed for your evening commute and contains all the news you need to know from the day. Sign up now! www.bloomberg.com/account/news...

A key measure of Canadian living standards has improved after the country’s statistical agency revised up the size of the economy in recent years www.bloomberg.com/news/article... @erikhertzberg.bsky.social @bloomberg.com

Canada’s government is willing to negotiate with more provinces beyond Alberta on lifting clean electricity regulations if they have equivalent policies, Energy Minister Tim Hodgson said in an interview with Bloomberg News www.bloomberg.com/news/article... @brianplatt.bsky.social @bloomberg.com

The Canadian economy rebounded sharply from the initial damage of the trade war as imports fell and growth drivers shifted to housing and government capital spending. The latter jumped 12.2% as Prime Minister Mark Carney ramps up military spending @erikhertzberg.bsky.social @bloomberg.com

ICYMI: Carney has insisted on a major condition during negotiations with Alberta: fixing the industrial carbon pricing market. Thursday's deal will commit both governments to creating a more stable and predictable price www.bloomberg.com/news/article...

Canadian Prime Minister Mark Carney is adding new import taxes to US goods for the first time since dropping most of Canada's counter-tariffs in September. He's hitting a list of steel derivative products, about 40% of which are imported from the US www.bloomberg.com/news/article...

Bloomberg scoop: Carney is weighing a trip to DC next week for the World Cup draw, putting him in the same room as Trump for the first time since the Canadian PM apologized for Ontario's anti-tariff ad. Still, trade talks appear stalled for the foreseeable future. www.bloomberg.com/news/article...

Thank you to everyone who turned out.

Canada's finance minister convened a virtual meeting of his G-7 counterparts this morning. On the agenda: the US is pushing its allies to levy tariffs up to 100% on China and India over Russian oil purchases to pressure Putin to end the war www.bloomberg.com/news/article... @bloomberg.com

Canada is delaying a plan to force automakers to hit minimum sales levels for electric vehicles by 2026, a concession to manufacturers in a sector that has been upended by tariffs @brianplatt.bsky.social @decloet.bsky.social @bloomberg.com www.bloomberg.com/news/article...

It's wonderful to see Sunny Dhillon's smart and funny memoir, Hide and Sikh, on this great list of Canadian books to watch for this fall from CBC: www.cbc.ca/books/45-can...

Updated with latest from joint news conference: Zelenskiy said he’d like to see Canada send troops to aid in peacekeeping and Carney didn’t rule it out after the war, but emphasized Canada’s important role in training Ukrainian soldiers: www.bloomberg.com/news/article... @bloomberg.com

UPDATED story from Kyiv: Canadian Prime Minister Mark Carney said peace in Ukraine can only happen through strength, and any deal with Russia must be enforced with deterrence and fortification of Ukraine’s defenses www.bloomberg.com/news/article... @bloomberg.com

Mark Carney is visiting Ukraine for the first time as Canada’s prime minister, as his government says it may be prepared to send soldiers to aid in peacekeeping efforts led by European allies in the event of a peace deal with Russia @bloomberg.com origin.www.bloomberg.com/news/article...

NEW: Canadian Prime Minister Mark Carney has arrived in Poland for a trip to Warsaw, Berlin and Riga, Latvia, aimed at strengthening defense and economic cooperation. Growing investment in critical minerals, nuclear energy & aerospace are high on the agenda. @bloomberg.com

!!! Bloomberg scoop from @brianplatt.bsky.social: www.bloomberg.com/news/article...

Bloomberg is hiring in Ottawa! We’re looking for a curious and driven reporter to cover Canada’s economy. Feel free to reach out with questions! bloomberg.avature.net/careers/Publ...

Canadian Prime Minister Mark Carney is planning to visit Mexico on Sept. 18, according to a person familiar with the matter, as he seeks to boost trade and strengthen relations with the country amid punishing US tariffs. www.bloomberg.com/news/article... @bloomberg.com

Two of Canada’s most vulnerable sectors to the US trade war ended the second quarter with strong sales, reversing an earlier tariff-driven slump www.bloomberg.com/news/article... @rtkwrites.bsky.social @bloomberg.com

My brilliant husband wrote a book! His funny, beautiful memoir reflecting on race and journalism in Canada is available for pre-order now and hits shelves Nov. 4: #canlit

Canada is working to reset its ties with Mexico as Donald Trump threatens his neighbors with punishing US tariffs ahead of a planned review of the North American free-trade pact www.bloomberg.com/news/article...

Canada is likely to see major new electricity transmission projects on the east and west coasts as the government moves to increase energy production, Natural Resources Minister Tim Hodgson tells @brianplatt.bsky.social for @bloomberg.com: www.bloomberg.com/news/article...

Canada lost the most jobs since January 2022, and excluding the pandemic, it's the largest drop in seven years. Job losses were concentrated among youth, and their employment rate is now the lowest since 1998 ex-Covid. By @rtkwrites.bsky.social for @bloomberg.com: www.bloomberg.com/news/article...

Canadian Energy Minister Tim Hodgson tells Bloomberg he sees “tremendous potential” for turning a remote northern port in Churchill, Manitoba, into a much larger export hub, opening new trade routes to Europe and other markets www.bloomberg.com/news/article... @brianplatt.bsky.social @bloomberg.com

www.bloomberg.com/news/article... by @twseal.bsky.social for @bloomberg.com

ICYMI: "Trump’s Trade War Pushes Some Canadians to Turn Sour on US Stocks" www.bloomberg.com/news/article...

Trump’s 35% Tariff Bulldozer Tests Carney’s Strategy of Avoiding Conflict w/ @rtkwrites.bsky.social @melissagshin.bsky.social @decloet.bsky.social @erikhertzberg.bsky.social

BREAKING: Trump says the US will impose a tariff of 35% on goods from Canada starting Aug. 1.

*TRUMP TO IMPOSE 35% TARIFF ON GOODS FROM CANADA