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Derek DeCloet

@decloet.bsky.social
6.6K followers 1.5K following 482 posts

Executive editor for Canada at Bloomberg News. Opinions are mine; likes are often bookmarks. Facts matter. Work email: ddecloet@bloomberg.net Also: decloet@protonmail.com

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Derek DeCloet @decloet.bsky.social · 24/09/2026
who asked for this?
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Liam Denning @liamdenning.bsky.social · 22/09/2026
For all the talk of SMRs and AI, the Westinghouse IPO chatter shows the US nuclear rebirth is decidedly old-school - and that includes the heavy hand of government @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
bloomberg.com
A $50 Billion IPO Is Good News for America’s Nuclear Rebirth
For all the buzz of small modular reactors and artificial intelligence hyperscalers, the rebirth of the US nuclear power industry looks increasingly old-school. Westinghouse Electric Co. is reportedly...
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Derek DeCloet @decloet.bsky.social · 22/09/2026
stick a fork in the 2026 Toronto Blue Jays
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Bloomberg News @bloomberg.com · 18/09/2026
Canada’s oil industry is warming to Ottawa as new tax breaks fuel a rare alignment, writes Iain Boekhoff
bloom.bg
Canada’s Oil Sands Get a Boost From Mark Carney
Tax breaks are fueling a rare alignment between Ottawa and the oil industry.
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Bloomberg News @bloomberg.com · 16/09/2026
The EU and Canada are forging stronger ties to challenge the global power order. How does this transatlantic alliance affect geopolitics, trade and defense? 🎧 Tune in on September 16 at 9am ET / 3pm CET: bloom.bg/4cNRu2x
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Derek DeCloet @decloet.bsky.social · 13/09/2026
A thread on American strategic interests and Trump’s trade war with Canada
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Derek DeCloet @decloet.bsky.social · 12/09/2026
sunrise over Lake Ontario.
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Winnipeg Free Press @winnipegfreepress.com · 11/09/2026
INTERNATIONAL PEACE GARDEN — Hundreds of people on the American side of the International Peace Garden, which straddles the Manitoba-North Dakota border, bowed their heads and observed a moment of silence Friday on the 25th anniversary of the 9/11 terrorist attacks.
winnipegfreepress.com
International Peace Garden 9/11 remembrance ‘especially meaningful’
Victims, first responders honoured at 25th anniversary event at Canada-U.S. border
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Derek DeCloet @decloet.bsky.social · 11/09/2026
absolutely we would www.nytimes.com/2026/09/10/o...
nytimes.com
Opinion | This Tiny Canadian Town Took In Americans on 9/11. It Would Again.
A tiny slice of Newfoundland welcomed in stranded passengers.
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Thomas Seal @twseal.bsky.social · 10/09/2026
“This is a key part of our plan to build the industrial capacity to produce millions of drones within the next two years,” Carney said. “One third of all the drones we manufacture will go to support Ukraine’s defense of its homeland.”
bloomberg.com
Canada Targets Millions of Drones, With a Third Going to Ukraine
Prime Minister Mark Carney and President Volodymyr Zelenskyy signed a declaration of a 100-year partnership between their two countries, as Canada pledged to boost its drone production capacity and se...
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Derek DeCloet @decloet.bsky.social · 10/09/2026
Many people have forgotten that it's Congress that actually decides this stuff www.bloomberg.com/news/article...
bloomberg.com
Can Trump Really Pay Every Adult American a $5,000 ‘Dividend’?
During his keynote speech at the first Republican midterm convention, US President Donald Trump made an extraordinary announcement: He said he would pay every American adult a $5,000 “Trump dividend” ...
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Michael McKee @mckonomy.bsky.social · 10/09/2026
Perhaps what's more ridiculous than Trump's pledge to give every American $5000 is that some news organizations are reporting it as if it could happen.
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Thomas Seal @twseal.bsky.social · 09/09/2026
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
bloomberg.com
Carney Woos Investors on Deals for Data Centers, Mines and LNG
Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars worth of projects spanning data centers, advanced manufacturing, liquefied natural gas, po...
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EconReporter @econreporter.bsky.social · 09/09/2026
No Whey 🫵😀
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Thomas Seal @twseal.bsky.social · 05/09/2026
Exclusive: Chip Wilson, the billionaire founder of Lululemon (and still a top, active shareholder) is divorcing from Shannon “Summer” Wilson, his wife and business partner of more than 20 years, who was one of the apparel company’s key early employees.
bloomberg.com
Lululemon Founder Chip Wilson and His Wife Are Divorcing
Chip Wilson, the billionaire founder of Lululemon Athletica Inc., is divorcing from Shannon “Summer” Wilson, his wife and business partner of more than 20 years, who was one of the apparel company’s e...
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Derek DeCloet @decloet.bsky.social · 01/09/2026
The US-Canada trade war serves no intelligible purpose -- read the Bloomberg editorial (gift link, no paywall) www.bloomberg.com/opinion/arti...
bloomberg.com
US-Canada Trade War Serves No Intelligible Purpose
After trade talks with Canada collapsed last week, the US announced new tariffs of 50% on hundreds of products, Canada promised to retaliate “dollar for dollar,” and the White House said it would meet...
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Derek DeCloet @decloet.bsky.social · 30/08/2026
Canadian history/political watchers: as far as you can remember, has there ever been a provincial premier with the US public profile that Doug Ford has?
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Derek DeCloet @decloet.bsky.social · 30/08/2026
mostly Poor Dad, then
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Derek DeCloet @decloet.bsky.social · 29/08/2026
battling it out on Lake Ontario
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Derek DeCloet @decloet.bsky.social · 27/08/2026
prescient headline, it turns out
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Derek DeCloet @decloet.bsky.social · 25/08/2026
The views of Lake Ontario from the Bloomberg Toronto bureau are quite nice
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Derek DeCloet @decloet.bsky.social · 25/08/2026
Here’s a new ad from Ford, touting its 🇨🇦 employees and assembly plant. This plant and others like it were at the heart of why trade talks failed. I want to hear from 🇨🇦 consumers. If Ford, GM or others shut their 🇨🇦 factories, would you buy their vehicles? Email in my bio.
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Carl Quintanilla @carlquintanilla.bsky.social · 25/08/2026
DRUCKENMILLER (Bessent’s former boss): “.. You can’t buy your way out of a solvency conversation with liquidity tools. You can only postpone the conversation and raise the eventual price. .. Let the bond market speak.” www.wsj.com/opinion/let-...
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Derek DeCloet @decloet.bsky.social · 24/08/2026
am I ever
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Thomas Seal @twseal.bsky.social · 22/08/2026
I asked British Columbia Premier @davidebybc.bsky.social about whether he and colleagues are thinking about taxing or restricting US access to Canadian critical minerals:
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Derek DeCloet @decloet.bsky.social · 19/08/2026
I can assure you that CNN is not doing this right now
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Thomas Seal @twseal.bsky.social · 17/08/2026
Auto tariffs proving a big obstacle in US-Canada talks Canada has pushed to reduce the rate to 10%, or expand an exemption that applies to US parts... But the US has held firm to a minimum 15% @brianplatt.bsky.social, David Welch, @joshwingrovebbg.bsky.social, Alicia Diaz report:
bloomberg.com
US-Canada Trade Talks Are Bogged Down by Auto Sector Tariffs
With less than 36 hours to go before new US tariffs on Canada are set to kick in, automotive sector rules are proving to be a major obstacle in negotiations, according to people familiar with the matt...
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Derek DeCloet @decloet.bsky.social · 14/08/2026
Inflation crisis in Iran
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Derek DeCloet @decloet.bsky.social · 14/08/2026
Count Binface received 26.7% of the vote
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Derek DeCloet @decloet.bsky.social · 13/08/2026
why yes, AI chatbot, in fact I WAS looking for the start time of a tennis match played six days ago 🤔
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Derek DeCloet @decloet.bsky.social · 12/08/2026
Just a staggering and indefensible breach of ethics by a journalist. www.nytimes.com/2026/08/12/b...
nytimes.com
Forbes Fired Top Editor After Discovering He Received Secret $6 Million Payment (Gift Article)
Randall Lane, the magazine’s chief content officer, received the money from the founder of Shook Research, which has worked with Forbes on content about wealth advisers.
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Nolan Hicks @ndhapple.bsky.social · 07/08/2026
FROM RUSSIA WITH BLOOD: “As Moscow burned through munitions it turned to Pyongyang for a rare source of Soviet-era artillery. North Korea’s domestic stockpiles suddenly became a valuable resource that Kim was able to convert into cash” www.bloomberg.com/graphics/202...
bloomberg.com
Kim Jong Un Flouted Sanctions to Amass $22 Billion Windfall
Kim Jong Un’s regime has quietly amassed a $22 billion windfall, giving North Korea more financial firepower than at any point during his 15 years in power.
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Bloomberg News @bloomberg.com · 05/08/2026
Isaac Langleben and Jacqueline Prehogan built Open Farm together. Now they're taking the company public at a roughly $1 billion valuation.
bloom.bg
Howard Schultz-Backed Pet Food Maker Open Farm Eyes Toronto IPO
It’s one thing for life partners to start a business together. It’s another to turn it into a $1 billion company. That’s what Isaac Langleben and Jacqueline Prehogan might accomplish by going public with Open Farm Inc.
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Derek DeCloet @decloet.bsky.social · 03/08/2026
funny name for a politician
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Derek DeCloet @decloet.bsky.social · 02/08/2026
UEFA knows the sport absolutely doesn’t need Gianni Infantino around in order to prosper.
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Derek DeCloet @decloet.bsky.social · 01/08/2026
The prosecutor, having looked at the evidence on which she laid felony charges, determined the evidence made no sense
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Derek DeCloet @decloet.bsky.social · 31/07/2026
The strongest possible guardrail would be not to allow Google Earth to be used for fake images
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Derek DeCloet @decloet.bsky.social · 31/07/2026
Here's a fun fact for the "US doesn't need anything from Canada" crowd. New data this morning from Statistics Canada: "In May, exports of electricity to the United States rose 70.4% year over year to 4.6 million MWh, the highest level since January 2025"
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Derek DeCloet @decloet.bsky.social · 31/07/2026
I’ve had higher-scoring moves in Crossplay, but never one that made me as happy as this
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Derek DeCloet @decloet.bsky.social · 31/07/2026
This is 100% correct
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Derek DeCloet @decloet.bsky.social · 30/07/2026
UEFA countries have won 13 of the 23 World Cups. Europe has the best club competition and leagues — by far. Objectively, UEFA does not need FIFA.
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Robert Evans (the Only Robert Evans) @iwriteok.bsky.social · 25/07/2026
bloomberg has a fun article today arguing that the Cybertruck is the biggest flop in automotive history. it includes this glorious graph.
A graph showing how the edsel and Cybertruck both performed based on their sales target and actual year one and year two sales. The edsel was expected to sell 200k units in its first year. It sold slightly over 50k, and less than 50k the next year

The Cybertruck had a sales.target of 250k in its first year. They sold around 40k, the next year they sold about half as many.
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Tim O’Brien @timobrien.bsky.social · 25/07/2026
A Bloomberg News analysis of Skype messages, flight records and other documents released by DOJ show that from the time of his release from jail in 2009, through to his arrest in July 2019, Epstein ran a trafficking network that spanned the globe. www.bloomberg.com/graphics/202...
bloomberg.com
The Flight Network Behind Jeffrey Epstein’s Trafficking Operation
Thousands of flights booked by the pedophile financier’s staff connected associates and victims to a global network of properties
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Derek DeCloet @decloet.bsky.social · 19/07/2026
Has FIFA rescinded Spain’s goal yet?
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Derek DeCloet @decloet.bsky.social · 19/07/2026
There’s only one World Cup 🇪🇸 ⚽️ 🇦🇷
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Derek DeCloet @decloet.bsky.social · 19/07/2026
"I think we call him 'Sycophant-ino' now" -- soccer great Gary Lineker has some views on FIFA head Gianni Infantino. Read the highlights of Lineker's interview with Bloomberg's Mishal Husain. www.bloomberg.com/features/202...
bloomberg.com
Gary Lineker Is Worried About the Trump World Cup
The former England star wants to talk about football on his new Netflix show, but says he’s also ready to call out the US president.
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Derek DeCloet @decloet.bsky.social · 17/07/2026
huh that’s funny. A World Cup hat for the Italian team. A printing error.
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Derek DeCloet @decloet.bsky.social · 16/07/2026
I was away, now I’m back and wow, Toronto really does smell like a campfire
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Brian Platt @brianplatt.bsky.social · 11/07/2026
Our update on the Gordie Howe bridge story has a ton of detail on what exactly Canada and the US agreed to on tolls and other issues. Reported with colleagues Josh Wingrove and David Welch www.bloomberg.com/news/article...
bloomberg.com
US, Canada Strike Deal to Open Detroit-Windsor Bridge in July
The US and Canada will open the delayed Gordie Howe International Bridge connecting Detroit with Windsor, Ontario, on July 27, after the Canadian government agreed to give the US a share of net toll p...
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