@armstrongcbc

CBC News Senior Business Correspondent Sign up for my free newsletter https://xitter.cf/t.co/7TXdMO5pZE…

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Joined July 2011
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795Media
Apparently the link to sign up for my newsletter has been broken for a while. So, let me share this here. I write a business/economics focused newsletter every Monday morning. Everything you need to know about the week ahead. Sign up and share here: subscriptions.cbc.ca/listman…
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Peter Armstrong retweeted
Rory Johnston
@Rory_JohnstonOct 23
2026 oil market in a nutshell
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The Consumer Price Index rose 3.1% year over year in September, following a 3.0% increase in August. The acceleration was led by higher prices for gasoline in September (+27.8%) compared with August (+22.8%). Excluding gasoline, the CPI rose 2.2%, after increasing 2.4% in August.
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www150.statcan.gc.ca/n1/dail…
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Howard Lutnick - deal maker
Scott Lincicome
@scottlincicomeOct 16
"Lutnick Throws the Future of U.S.-Mexico Trade Talks Into Further Doubt" share.google/YCB36qc3EcCd3ow… "A senior Mexican official said that every time both sides get close to a deal, the Trump administration brings up something else that it wants"
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There are like 400 hockey games going on but none of them airing on my tv? How does this make any sense
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Peter Armstrong retweeted
Scott Lincicome
@scottlincicomeOct 10
Fuel from Russia, fertilizer from Belarus, minerals from China. If only there were a better, closer option! Alas.
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Trade deficit didn’t change. But at least prices are down, right? (Spoiler; tariffs pushed up prices)
Scott Lincicome
@scottlincicomeOct 8
"Surprising (Almost) No One, the US Trade Deficit Is Back to Pre-Tariff Levels" cato.org/blog/surprising-alm… via @CatoInstitute
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If ever there was a week I was glad to subscribe to commodity context - this is it!
Rory Johnston
@Rory_JohnstonOct 2
🛢️ OIL CONTEXT WEEKLY 🛢️ Crude prices pulled back on the recent recovery in Middle Eastern oil flows despite growing fears of an escalation in hostilities, while governments return to energy security interventions once again Summary below, full report in reply.
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FACT CHECK: Claim: “We now have under construction 97 new car plants. For 48 years we had none”. Actual: 1 plant - by EV startup Slate. In 1978 the US had 55 plants & made 12.8M cars. In 2025 it also had 55 plants & made 10.3M cars. 153 plants would make ~30M cars. For who?
Aaron Rupar
@atruparSep 30
Trump on Canada: "They act like they're totally innocent. They're not. They were very bad. But now they're being taught a little lesson. In fact, we just named a certain lake Lake America. Lake Ontario is now named nake -- and it actually passed"
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The goods-producing industries grouping was essentially unchanged in July as increases in construction and utilities were offset by declines in the other sectors comprising the aggregate. www150.statcan.gc.ca/n1/dail…
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Advance information indicates that real GDP increased 0.2% in August. Increases in mining and quarrying and retail trade were partially offset by decreases in oil and gas extraction.
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Donald Trump wants a deal with China. But his administration scolded Canada for doing the same thing earlier this year. The US imported $434 CAD billion in Chinese goods last year Canada imported $90 billion cbc.ca/news/business/trump-t…

ANALYSIS | Trump loves Chinese trade — as long as it's with the U.S. | CBC News

American officials have scolded Canada for making a deal with China. But the numbers show the U.S. does vastly more business with China than Canada would possibly dream of.

cbc.ca
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Peter Armstrong retweeted
Eric Nuttall
@ericnuttallSep 21
It's not every morning I log onto Kpler, hit refresh, and then say out loud "wow." This was one of those mornings.
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This is such a telling anecdote Remarkable how much has changed in such a short period of time
inthemoneypod
@inthemoneypodSep 17
Canada’s approach to its natural resources is changing — and one of the country’s biggest miners says the difference is dramatic. For 10 years, Ammar Al-Joundi says Agnico Eagle couldn’t get anyone from the federal government to attend a mine opening. Then he got a text on a Sunday morning. The Agnico Eagle President & CEO says newly appointed Energy and Natural Resources Minister Tim Hodgson personally reached out, introduced himself and asked one simple question: “How can I help?” For a company investing billions in Canada and employing thousands of Canadians, Al-Joundi calls the shift a “sea change” in how Ottawa approaches resource development. Is Canada finally getting serious about unlocking its natural resources? Watch the full episode of In the Money with Amber Kanwar. youtube.com/watch?v=IoZjCT0M… #Canada #Mining #Gold #Investing #NaturalResources #AgnicoEagle
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I think @odognine2 and Goodell might now be best friends after that segment
TSN
@TSN_SportsSep 17
Roger Goodell has never been through a table and has no plans to start now 😂 #OverDrive
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Peter Armstrong retweeted
Heather Exner-Pirot
@ExnerPirotSep 13
For all the investors circling Canadian O&G stocks: Alberta now saying publicly that a new royalty framework to incentivize greenfield production will be announced in the coming weeks to help us double production. 📈 (For all the naysayers: this is what we did for the last oil sands buildout and it worked like a charm and led to the province’s enormous royalty post-payouts today)
CTV Question Period
@ctvqpSep 13
Alberta Premier Danielle Smith has hinted the province will announce a new royalty framework this fall to help ensure a West Coast pipeline happens, despite environmental laws already being rolled back. Why isn't that enough? Smith says royalties "have worked in the past" and a way to ensure the "best investment climate."
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If you’re wondering what the hell is going on with bond markets and why you should be worried - give @JustinWolfers a few minutes of your day. So glad to get this conversation on CBC’s Power & Politics
Scott Robertson
@sarobertson_Sep 11
Economist Justin Wolfers joined Power & Politics to explain bond yields. Here's the full segment:
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Peter Armstrong retweeted
Greg MacEachern@gmacofglebeSep 11
The #PoliticalPulse panel returns this hour with @armstrongcbc hosting today
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I’m hosting power and politics today Tune in!
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Peter Armstrong retweeted
Karl Schamotta
@Karl_SchamottaSep 9
Amazingly, the Canadian dollar simply DGAF:
Bloomberg
@businessSep 9
The US escalated its trade war with Canada, moving to block imports of some alcoholic beverages, dairy products and motorcycles, as well as seeking to bar Canadian companies from selling to US government contractors. bloom.bg/4cCnsi5 📷: Annabelle Gordon/CNP/Bloomberg
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