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twseal.bsky.social
Vancouver bureau chief for Bloomberg News [email protected] Signal: TSeal.01 https://www.bloomberg.com/authors/AS5AQQizNJE/thomas-seal
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Lululemon expects customers to stretch *LULULEMON PLANS TO RAISE SOME PRICES TO DEAL WITH US TARIFFS

Musk says Trump should be impeached and JD Vance should replace him

At time of writing, Tesla has lost about $150 billion in market value today

Musk, 4 months ago: "They call it Trump Derangement Syndrome. You don't realise how real this is... you can't reason with people" Trump today: "He's not the first. People leave my administration... they miss it so badly... It's sort of Trump Derangement Syndrome, I guess they call it"

Tried to read the White House transcript of when Sean Hannity interviewed Trump and Musk together, but it's not available

Canadian exports plunged by the most in nearly 17 years outside of the pandemic The deficit far exceeded even the most pessimistic projection in a Bloomberg survey of economists Businesses tried to front-run the tariffs by shipping larger quantities earlier in the year, but those efforts are over

Musk: without me, Trump would have lost the election... such ingratitude

Alberta Premier Smith described a `grand bargain' in which a new oil pipeline could effectively pay for massive new carbon capture and storage investments

Jesse Armstrong took on media moguls with ‘Succession.’ In an interview with Mishal Husain, he talks about his new movie ‘Mountainhead’ and why he decided to make a dark comedy about tech bros

Pierre Poilievre has started a Substack

Both Saskatchewan and Manitoba have now declared a state of emergency as wildfires spread. Roughly 17,000 people in Manitoba are being evacuated. In Saskatchewan, 15 communities have evacuated. There have been 206 wildfires in the year to date vs 5-year average of 125.

Oil and gas hub Alberta has been pitching to supply power for the boom in artificial intelligence data centers. It didn’t convince Bell, which is setting up one of the first such AI server networks in the country, and is opting for hydro:

Very proud of this piece done with so many great colleagues and grateful to the people who shared their stories.

Proud that this big story on Canada's fraying social safety net won gold in multimedia at the SABEW Canada Best in Business Awards. A true team effort with writing, data & video from @daniellebochove.bsky.social, @mathieudion.bsky.social, @kevinorland.bsky.social, @mariepastora.bsky.social and more

President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court.

Bell plans to invest hundreds of millions of dollars to build data centers in six Canadian cities, its CEO said in an interview. The first site, in British Columbia, is expected to come online in June, with US-based AI chip startup Groq as anchor tenant. @dinabass.bsky.social had the story first:

Good morning Vancouver! I am back from holiday and ready for a busy few days of Web Summit.

Enbridge to sell 12.5% of Westcoast gas pipeline system in BC to First Nations. The government of Canada will provide C$400m loan guarantee to support partnership of 36 First Nations called Stonlasec8 Indigenous Alliance Limited Partnership make the purchase

Carney says he’s open to changing green laws to boost energy projects

Tim Hodgson as Canada's new energy minister is a key appointment to watch. It will show how serious Carney actually is about getting new projects built. www.bloomberg.com/news/article...

Carney has appointed several junior ministers, or secretaries of State. This has happened before in Canada but seems less common than in the UK Canada's new Ministry is 29 ministers, 10 secretaries of state For comparison, in the UK Starmer appointed more than 100 ministers in total, per IfG:

Carney makes ex Goldman banker Tim Hodgson minister of energy Other interesting changes: Foreign Affairs: Anand Industry: Joly Housing: Gregor Robertson Defence: McGuinty AI & Digital Innovation: Evan Solomon Govt Transformation: Joel Lightbound @brianplatt.bsky.social @mathieudion.bsky.social

Canadians are still throttling back travel to the US. By @rtkwrites.bsky.social www.bloomberg.com/news/article...

Amid a continuing boycott after Trump's "51st state" campaign, dozens of Seattle businesses are offering a big discount, taking Canadian dollars at par with USD all weekend, to entice visitors from north of the border (C$1.39 = $1)

Expedia cuts forecast for gross bookings and revenue after forecasting weaker-than-expected domestic and inbound travel demand in the US at the start of the year. Nearly 30% decline in inbound bookings from Canada drove 7% decline in overall inbound travel to the US

52% of Conservative Party of Canada voters distrust the accuracy of the election result to some extent, according to Leger

In only two years, ChatGPT and the surge of AI-generated cheating from college students it has created have unraveled the entire academic project.

Pakistan has shot down five Indian planes, its defense minister says on Bloomberg TV Earlier, India said it conducted military strikes against Pakistan

Joe Rogan on Canada: "I offered to have that Pierre guy come on the podcast. He didn't do it, wouldn't do it, thought it was too problematic, or whatever. "Jordan told me - I forget what he said - but they were telling him not to do it. Like his advisors were telling him not to do it." (17m50)