US Treasury Dept. sanctions eight Canadian money services businesses for moving assets in and out of Iran
Says "Canada is home to hundreds of money services businesses that enable the movement of funds into and out of Iran"
The action was coordinated with Canada's FINTRAC
Press release: home.treasury.gov/news/press…
Canada Budget Relaxes Foreign Buyer Ban
by @nojoudalmallees
bloomberg.com/news/articles/…
Canada's budget "proposes to extend the ban on foreign purchases of existing residential properties for two years, to Jan. 1, 2029, while exempting new residential properties"
"This would help protect housing affordability by keeping the vast majority of the market available for Canadians, while unlocking additional investment in new housing supply." budget.canada.ca/2026/report…
Ontario Premier Doug Ford says he did cartwheels after Democrats’ midterm election sweep. But Carney’s minister responsible for US trade, Dominic LeBlanc, warns it’s too early to celebrate. Read more in the Canada Daily newsletter. bloomberg.com/news/newslette…
Minister LeBlanc says trade talks happen with "the American executive, with the cabinet secretaries that President Trump has in his government, and they remain in office today"
Trump retains the power to veto anti-tariff bills, absent two-thirds majorities in Congress
US President Donald Trump was rebuked by tariff-weary voters in midterm elections, but one of the president’s main targets — Canada — still faces a dilemma about what to do next bloomberg.com/news/articles/… @btaplatt @TW_Seal @decloet @business
A Canadian body that provides financing for Indigenous groups has issued its largest-ever bond bloomberg.com/news/articles/…
Our Canada Daily newsletter brings you the latest on business, the economy and politics from our five bureaus across the country.
Read the latest edition and subscribe: bloom.bg/4rjeFqQ
Mark Carney said the US is “asking less” and “offering more” as Canada and the US revive trade talks after an earlier round collapsed bloomberg.com/news/articles/…
Thomas Seal retweeted
Bloomberg News is amazing. We have great reporters everywhere. And today through Thursday, our coverage is free to all -- no paywall.
Follow our US midterm election blog here:
bloomberg.com/news/live-blog…
Prime Minister Mark Carney is facing growing pressure from business groups to allow more immigration to address Canada’s labor needs, but the prospect of welcoming more migrants carries political risk for him bloomberg.com/news/articles/…
Prime Minister Mark Carney faces a wave of court challenges to his decision to fast-track an oil pipeline under a legal mechanism his government devised to speed up construction of major infrastructure bloomberg.com/news/articles/…
Alberta oil producer Whitecap expects a federal tax “mega deduction” on capital spending to result in C$400 million ($286 million) of extra cash next year, its chief executive officer says bloomberg.com/news/articles/…
Thomas Seal retweeted
Bank of Canada Governor Tiff Macklem warned in an interview with @ErikHertzberg that US borrowing is on an unsustainable trajectory. He offered an unusually blunt assessment of American spending, which is having an effect on global bond yields bloomberg.com/news/articles/… @business
President Trump congratulates Parti Quebecois Quebec Premier Paul St-Pierre Plamondon and Conservative BC Premier-Designate Lorne Doerkson for their election wins.
(I don't recall him posting about previous provincial election results.)
Here's a gift link to that election-night story of mine he shared if, like the US President, you are interested in British Columbia politics bloomberg.com/news/articles/…
Exclusive:
Dubai’s DP World 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 bloomberg.com/news/articles/…
The UK and Canada scrapped talks to merge their two defense financing banks after failing to agree on a location for a joint institution and terms of future membership. bloomberg.com/news/articles/…







