A young member of the clan that owns a business empire including Vancouver’s professional hockey team is suing his grandfather and two uncles over an alleged plot to “disinherit” him and his siblings

Exclusive: Canada withdrew challenges against some import taxes the US has levied against softwood lumber in what the Canadian government called a “strategic choice,” as it seeks a wider settlement

Headlines on the Bloomberg Terminal from Air Force One: *TRUMP: TV LICENSES SHOULD BE TAKEN AWAY IF BAD PUBLICITY FOR ME *TRUMP: IF TV SHOWS 'HIT TRUMP' SHOULD BE DISCUSSED ON LICENSES *TRUMP ON TV SHOWS CRITICIZING HIM: THEY'RE NOT ALLOWED TO

"The Fresh Mushrooms Fair Trade Coalition, representing leading US growers and packers... today announced the filing of an antidumping and countervailing duty petition with the US Department of Commerce and the US International Trade Commission"

Exclusive: The Chief of the Osoyoos Indian Band vows to bring political and legal challenges against Teck’s mining merger with Anglo American, unless the companies consult with them over expansion plans for a smelter in southern British Columbia

The highest-earning 10% in the US accounted for almost 50% of total spending in the second quarter, up from about a third in the early 1990s

The long-anticipated fiscal plan will put a price tag on Prime Minister Mark Carney’s plans to boost the country’s expenditures on defense, housing and infrastructure. @erikhertzberg.bsky.social

Industry minister says Anglo American and Teck need to do more to prove the benefits to Canada of their deal

British Columbia grants environmental assessment certificate for massive Ksi Lisims LNG project in the north of the province

Albania’s prime minister appoints AI-generated ‘minister’ to tackle corruption

Canada is stepping up talks with the investors behind the country’s largest liquefied natural gas export terminal for an expansion that would double its size while making it as low-carbon as possible, Energy Minister Tim Hodgson said

Carney outlines a scenario where existing regulations could be "adjusted" to allow oil pipelines, if carbon capture project dubbed "Pathways" is built

Prime Minister Carney wants to expedite construction of LNG Canada phase 2, a megaproject on the west coast, @brianplatt.bsky.social reports. Carney is about to speak:

Alberta Premier Smith praises "exceptionally productive" meeting with Carney yesterday 👀 "Although we still have some details to work out over the coming weeks, I am more optimistic than ever that the concerns of Albertans are FINALLY BEING HEARD and I look forward to reaching an agreement"

Anglo American's mega mining merger with Teck is "an incredible opportunity for British Columbia and Canada, and I’ll be delivering that message directly to the federal government as they do their assessment of this bid," British Columbia Premier @davidebybc.bsky.social tells me Gift link:

Shopify COO Kaz Nejatian leaves the company to run OpenDoor x.com/CanadaKaz/st...

Carney: "Led by the minister of finance, minister of industry, we will keep finding ways to increase competition for the hard-earned dollars of Canadians. In telecom, in banking, in retail, across our economy"

Trump: "What’s with Russia violating Poland’s airspace with drones? Here we go!"

Carney says the Canadian government will announce first "wave" of major projects tomorrow, second wave by Grey Cup (Nov 16)

"It's not like it was a high-speed chase," said Kasper Lincoln, who was on his way to get a Slurpee at the time. "I waited until it was safe, and when I crossed the road I was doing my hand signals." globalnews.ca/news/1140299...

🚨 Mega deal news 🚨 Anglo American Plc is nearing a deal to acquire Canada's Teck Resources. A combination would rank among the biggest ever in the mining industry:

At carbon capture company Svante in Burnaby, waiting for remarks by energy minister Tim Hodgson. I wrote about Svante last August, here: www.bloomberg.com/news/article...

DP World just won this big contract - Mathieu's follow-up story here:

From war.gov:

From last October: General Motors warned that timing didn't line up well with electric vehicle mandates starting to bite just as governments pulled back on EV subsidies

NEW: Canada’s government will delay its EV sales mandate as it launches a review to make sure it won’t burden automakers. The federal mandate was set to begin in 2026 but that’s on hold, at least temporarily. www.bloomberg.com/news/article...

Canada's Temporary Foreign Worker program “needs to be either reformed significantly or canceled,” Eby said, a day after Conservative leader Pierre Poilievre called for the system to be abolished

Mark Carney invited the president of the Heritage Foundation, one of the architects of Project 2025, to speak to his cabinet, as Canada tries to strike a trade and security deal with President Trump, reports @brianplatt.bsky.social

Very smoky in Vancouver today

After reading about industry angst after Keir Starmer decided to dissolve the UK Space Agency, I decided to revisit one of the last big stories I wrote before moving to Canada - a feature on the UK's space industrial strategy. This bit leapt out:

Okay so based on further reading, the court ruling as it applies to Canada: - does affect the fentanyl related tariffs (35% on goods not covered by USMCA) but those can stay in place pending further appeal - does not affect sectoral tariffs: steel, aluminum, autos, lumber

Canada’s GDP shrank at a 1.6% annualized pace in the second quarter as exports plunged. It’s the biggest decline since Covid and the first contraction in nearly two years. www.bloomberg.com/news/article...

California Governor Newsom's press office posts about Canada in a style he's described as 'following the example' of President Trump:

Energy Minister Tim Hodgson took a shot at Trudeau in a speech in Germany today: "Unlike the previous Canadian government, which closed the door to LNG exports, Prime Minister Carney’s government has opened it" www.bloomberg.com/news/article...

Shopify updated a help page in May to tighten its rules against "hateful content" like racist merchandise, after removing a similar ban in July 2024 (Thomas Seal/Bloomberg) Main Link | Techmeme Permalink

Canada's AI minister Evan Solomon on how he uses AI:

Nick Clegg — ex top Meta executive, and former deputy Prime Minister of the UK — on Silicon Valley: www.bloomberg.com/news/newslet...

Exclusive: Canada's biggest tech company Shopify quietly revives a "hateful content" ban as stores sell racist merchandise Gift link:

"A US official said the probe was being carried out by the Commerce Dept as part of its timber and lumber probe under Section 232 of the Trade Expansion Act, which allows for the imposition of tariffs on goods deemed critical to national security."

Carney’s Tariff Shift Helps Business and Creates a Political Headache

Trump says he intends to tariff furniture

CEO of Canada's biggest grocery chain, Loblaw, says some prices will come down after Carney announced removal of counter-tariffs:

Big scoop from colleague @brianplatt.bsky.social

New: Prime Minister Mark Carney had a "productive and wide-ranging" conversation with President Trump on trade, security and Ukraine, agreeing to "reconvene shortly"

Belatedly read the great New York Times feature on Odd Lots and guffawed at the kicker, which really does sum it up. www.nytimes.com/2025/08/03/b...

CBC reports Elon Musk visited Bella Bella on British Columbia's central coast, and cites speculation that he was visiting Tesla board member James Murdoch, who the Globe reported in 2017 has a property up there

Details on the tentative Air Canada agreement with flight attendants:

UK MP spotted using ChatGPT to respond to constituents