Brian Platt
Brian Platt
@brianplatt.bsky.social
Ottawa bureau chief, Bloomberg News
7.9K followers245 following982 posts
Brian Platt reposted
Scoop: Dubai’s DP World Ltd. is set to unveil a deal backing potential development of Canada’s port of Churchill, a northern outpost that Prime Minister Mark Carney aims to expand for exports to Europe and other markets. The UAE Crown Prince happens to be visiting Ottawa today and tomorrow:
Bloomberg scoop: Canada has banned its diplomatic staff in the US from even being in the same room as a midterm election candidate, taking an extra cautious approach to avoid accusations from the Trump administration of "interference" www.bloomberg.com/news/article...
This guidance was actually issued *before* the US embassy in Canada put out this unusual "fact sheet" outlining what it claims is a Canadian effort to influence the American election ca.usembassy.gov/fact-sheet-m...
Brian Platt reposted
STORY, updates to come: Edmonton former journalist Duncan Kinney has admitted to spray painting a bust of Ukrainian World War II leader Roman Shukhevych with the words "actual Nazi," then writing about it, claiming he didn't know who did it. edmontonjournal.com/news/crime/d...
Brian Platt reposted
Nine days into the NHL's regular season, the Winnipeg Jets are 2nd in the league, without Connor Hellebuyck playing. Hellebuyck, meanwhile, has forfeited US $344,044 (and counting) since the Jets started their season without him. You can track how much money he's giving up, second by second, here:
Brian Platt reposted
Trump’s trade war against Canada is allowing Prime Minister Mark Carney to press the gas pedal on an industrial agenda that would have been deeply divisive just a few years ago. @nojoudalmallees.bsky.social on Carney's massive regulatory overhaul: www.bloomberg.com/news/article... @bloomberg.com
Brian Platt reposted
Energy Minister Tim Hodgson was in Vancouver today for the announcement of LNG Canada Phase 2. I asked him about rising diesel scarcity and the talk of a US export ban
Brian Platt reposted
As soon as next week, the backers of LNG Canada in northern BC are set to announce a final investment decision to proceed with plans to increase its maximum output to 28 million metric tons a year w/ Ruth Liao and @brianplatt.bsky.social
Brian Platt reposted
In 2024, the US imported ~12 million metric tons of potassic fertilizers from Canada (hillnotes.ca/2025/06/05/p...) Specialized ships can carry ~60k metric tons, tho container ships <half that (www.sasktoday.ca/central/loca...) So we'd need at least 200 ships loaded from [checks notes] Belarus
Trump: "The United States is working on a massive Deal with respect to the purchase of Potash from Belarus. The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers. Thank you for your attention to this matter!"
Brian Platt reposted
BREAKING: The Federal Reserve unanimously raised interest rates by a quarter percentage point and penciled in an additional hike later this year. Follow our coverage for live updates ⤵️
Bloomberg is hosting a live chat with myself and European colleagues about what exactly this EU "associate membership" would mean for both sides. Join us here: www.bloomberg.com/sessions/202...
Brian Platt reposted
Replying to @twseal.bsky.social
Carney announces Canada will open its four largest airports to private investment He also just announced government will expand immediate expensing on a large range of assets
Brian Platt reposted
The dramatic collapse of trade talks with the US in August helped clarify Canada’s negotiating “red lines,” Prime Minister Mark Carney said in an exclusive interview with @brianplatt.bsky.social Carney added he’s ready to get back to the table for the right deal
Brian Platt reposted
The dramatic collapse of trade talks with the US helped clarify Canada’s negotiating “red lines,” said Prime Minister Mark Carney, who added he’s ready to get back to the table for the right deal. From @brianplatt.bsky.social's interview for @bloomberg.com: www.bloomberg.com/news/article...
Stellantis has signed an MOU that outlines steps to sell its Brampton plant to Roshel, a Canadian armoured vehicle manufacturer. Last year, after Trump imposed his auto tariffs, Stellantis moved planned Jeep production away from that plant to the US www.bloomberg.com/news/article...
Brian Platt reposted
Bloomberg News has seen a pitchbook intended to be shared with some of the world's biggest institutional investors, who will descend on Toronto next week for Mark Carney's Canada Investment Summit. W/ @brianplatt.bsky.social @decloet.bsky.social
Canada’s exports to the US decreased by 6.6% in July, the steepest percentage decline since April 2025. Canada’s share of exports destined for the US fell to 66.3% — outside the pandemic, it's the lowest proportion in data going back in 1997. www.bloomberg.com/news/article...
Brian Platt reposted
Mark Carney said he still believes there’s a “mutually beneficial” trade deal to be done with the US, but discussions can’t resume while Trump administration officials are publicly insulting Canada
Brian Platt reposted
Chinese carmaker BYD inquired about taking over an idled Stellantis NV plant in the Toronto suburbs, according to a local politician
GDP data out this morning shows a strong rebound for Canada’s economy in the second quarter. It also revised the first quarter data to show Canada did not have a technical recession after all (though growth was still very tepid) www.bloomberg.com/news/article...
Brian Platt reposted
Trump may be just trolling Canada with stuff like this, but it has the very real effect of hardening public opinion and making it politically impossible for Carney to give further concessions in trade talks
Trump's executive order renaming Lake Ontario to Lake America has been posted on the White House website www.whitehouse.gov/presidential...
Trump's executive order renaming Lake Ontario to Lake America has been posted on the White House website www.whitehouse.gov/presidential...
(Bloomberg) — The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US on Saturday. www.bloomberg.com/news/article...
Canada’s new counter-tariffs would hit hardest firms shipping products from Ohio, Illinois, Pennsylvania, Michigan and California, according to a preliminary analysis of the data by Bloomberg News.
Industry Minister Melanie Joly says Canada's new tariffs are aimed at "products that will target states in the U.S.", and are "strategic to put political pressure" on those states
More details in our story: www.bloomberg.com/news/article...
(Bloomberg) — President Donald Trump, who has argued that the US does not need Canada, lamented Monday that his northern neighbor did have something he wants: aluminum. www.bloomberg.com/news/article...
Brian Platt reposted
Bloomberg is holding a live Q&A at 11 a.m. ET about the Canada-US tariff war. Tune in to hear our reporters discuss what to expect next after trade talks collapsed: www.bloomberg.com/sessions/202... @bloomberg.com