Brian Platt
@brianplatt.bsky.social
7.5K followers 240 following 710 posts
Canadian government reporter, Bloomberg News
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brianplatt.bsky.social
(Bloomberg) -- Prime Minister Mark Carney plans to change when Canada releases major fiscal documents, moving the country’s federal budget to the fall on an ongoing basis.
brianplatt.bsky.social
Just announced: Mark Carney will meet with Donald Trump in Washington on Tuesday for a "working visit." It's their third in-person meeting, after they met in June at G7 summit and in May at White House.
brianplatt.bsky.social
Canada’s population growth has stalled for two quarters now, after massive increases in the post-Covid years
brianplatt.bsky.social
Health Canada statement issued last night: "Acetaminophen is a recommended treatment of pain or fever in pregnancy when used as directed. It should be used at the lowest effective dose for the shortest duration needed. Untreated fever and pain in pregnant women can pose risks to the unborn child."
Acetaminophen is a recommended treatment for fever and pain during pregnancy - Canada.ca
Health Canada currently maintains that there is no conclusive evidence that using acetaminophen as directed during pregnancy causes autism or other neurodevelopmental disorders. Acetaminophen is commo...
recalls-rappels.canada.ca
brianplatt.bsky.social
Both sides have reasons to distrust each other heading into this review. Canada was blindsided in 2018 when Mexico cut a direct deal with Trump on renegotiating NAFTA; Mexico was outraged at the commentary last fall (especially from Doug Ford) calling on Trump to cut Mexico out
brianplatt.bsky.social
As expected, the Bank of Canada cuts interest rates by 25 basis points. The benchmark rate is down to 2.5% now.
brianplatt.bsky.social
Mark Carney's first budget as prime minister will be released Nov. 4, Finance Minister FP Champagne just announced in question period.
brianplatt.bsky.social
Arctic nations are racing to build heavy icebreakers as they compete for military and economic influence in the region. A long feature by colleague @daniellebochove.bsky.social: www.bloomberg.com/news/feature...
brianplatt.bsky.social
Jays win, Yankees lose.

I’ve seen enough. 👋
brianplatt.bsky.social
Churchill Port expansion is included in the list of items the Major Projects Office will work on developing into a workable proposal. Here is the section in Carney’s speech on that:
brianplatt.bsky.social
Speaking at a Liberal caucus retreat in Edmonton, Mark Carney says the first tranche of major projects will be announced tomorrow. These are projects the government will aim to speed through regulatory approvals within 2 years.
Reposted by Brian Platt
twseal.bsky.social
🚨 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:
Anglo American Near Deal to Acquire Teck Resources
Anglo American Plc is nearing a deal to acquire Canadian miner Teck Resources Ltd., people with knowledge of the matter said.
www.bloomberg.com
brianplatt.bsky.social
Scoop from Bloomberg colleagues on a move to purchase a major Canadian mining firm:

(Bloomberg) -- Anglo American Plc is nearing a deal to acquire Canadian miner Teck Resources Ltd., people with knowledge of the matter said.

www.bloomberg.com/news/article...
Anglo American Near Deal to Acquire Teck Resources
Anglo American Plc is nearing a deal to acquire Canadian miner Teck Resources Ltd., people with knowledge of the matter said.
www.bloomberg.com
brianplatt.bsky.social
(Bloomberg) -- The Canadian economy surprisingly shed jobs for a second consecutive month as the unemployment rate jumped, increasing the likelihood of an interest rate cut from the Bank of Canada this month.

Jobs down 65.5K in August; jobless rate rises to 7.1%
Reposted by Brian Platt