Thomas Seal
Vancouver bureau chief for Bloomberg News
tseal@bloomberg.net
Signal: TSeal.01
bloomberg.com/authors/AS5AQQizNJE…
- 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
- 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
- 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