Derek DeCloet's Avatar

Derek DeCloet

@decloet

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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Latest posts by Derek DeCloet @decloet

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And Now for the Battle Over Tariff Refunds The Supreme Court’s decision invalidating President Donald Trump’s “emergency” tariffs was a landmark victory for the rule of law. But it leaves a huge economic question unresolved: What happens to the roughly $175 billion that the federal government illegally collected from US companies?

The next steps on tariff refunds will involve litigation — maybe lots of it, and small businesses are still at a disadvantage

24.02.2026 11:45 👍 2 🔁 4 💬 0 📌 0
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Heartbreaking finish this morning. Team Canada left everything on the ice in an incredible gold medal game. Across Courtenay–Alberni and Vancouver Island, people were up early cheering together. Thank you to every player who wore the maple leaf with pride. You inspired us all.

22.02.2026 16:38 👍 904 🔁 74 💬 44 📌 8

we are

22.02.2026 16:58 👍 4 🔁 0 💬 0 📌 0

Canada rn

22.02.2026 14:32 👍 51 🔁 6 💬 2 📌 0

bluesky, the north american yelling about hockey app

22.02.2026 15:25 👍 1230 🔁 177 💬 31 📌 12

Great hockey game

22.02.2026 15:59 👍 1 🔁 0 💬 0 📌 0

Time to stress-pace at home

#Canada

22.02.2026 13:13 👍 4 🔁 0 💬 0 📌 1
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Do they though

21.02.2026 15:30 👍 1272 🔁 185 💬 56 📌 21

Have had good experience with U File

21.02.2026 01:47 👍 1 🔁 0 💬 0 📌 0

I’m as surprised as anyone that an app that let people buy a burrito on instalments, with zero credit checks, is having a problem with loan quality

19.02.2026 18:24 👍 210 🔁 38 💬 7 📌 3

100% THIS 👇

20.02.2026 00:50 👍 9 🔁 0 💬 0 📌 0
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SAME

18.02.2026 22:30 👍 7 🔁 0 💬 0 📌 0

Mitch Marner, as clutch as ever

18.02.2026 18:30 👍 2 🔁 0 💬 0 📌 0
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Here is the study Kevin Hassett is so mad about

18.02.2026 18:02 👍 4 🔁 1 💬 0 📌 0
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Yes Excel, that's exactly what I was going for

17.02.2026 23:02 👍 5 🔁 1 💬 0 📌 0
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The Canada Revenue Agency chatbot. So it can answer tax questions but it doesn't know the day of the week?

31.01.2026 14:06 👍 15 🔁 5 💬 2 📌 2
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My first remarks since being arrested last night.

30.01.2026 23:30 👍 25125 🔁 6659 💬 975 📌 281
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Trump’s Greenland Threats Put Crucial Climate Change Research at Risk Political tensions are hampering work on the island, which is key to understanding the effects of global warming.

Trump's threats to annex Greenland have cast a chill over international climate research on the island.

30.01.2026 11:30 👍 26 🔁 19 💬 3 📌 1
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New Angus Reid poll: 16% of Conservative Party of Canada supporters give Trump an "A" for his first first year back in office.

28.01.2026 12:43 👍 34 🔁 15 💬 6 📌 14
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anyone for barbecue?

25.01.2026 20:08 👍 2 🔁 2 💬 1 📌 0
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Lululemon Founder Slams Board After See-Through Leggings Fiasco Lululemon Athletica Inc. founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed on the company’s board of directors.

Lululemon founder Chip Wilson lashed out over the firm's latest product flop, calling it a “total operational failure” that he blamed on the board of directors.

“This is a new low for Lululemon,” Wilson said, referring to the “Get Low” leggings, which drew complaints for being see-through

21.01.2026 23:12 👍 0 🔁 1 💬 1 📌 0
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I've lived in Minnesota my whole life and have experienced some major cold snaps but this is the first time I've heard about exploding trees.

21.01.2026 19:03 👍 2088 🔁 449 💬 153 📌 397

Past administrations saw trade treaties as a way of improving Americans’ standard of living. This administration sees them as a method of gaining leverage over counterparties.

Of course traditional US allies such as Canada are going to look to increase business with other trading partners.

19.01.2026 01:15 👍 5 🔁 1 💬 0 📌 0
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HAHAHAHAHAAAAHA

17.01.2026 02:46 👍 4 🔁 0 💬 0 📌 0
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Everything Costs More Because the Algorithm Says So | The Walrus Tariffs and inflation dominate headlines, but personalized pricing is the real affordability crisis

"Everything costs more because the algorithm says so"

@vassb.bsky.social is really on one about personalized pricing. And she's right. It's predatory, and it makes it more difficult for us all to navigate the world.

It should be illegal.

thewalrus.ca/everything-c...

15.01.2026 14:19 👍 27 🔁 15 💬 0 📌 2
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ICE Shooting Should Be Mourned — and Investigated The simple question that Army lawyer Joseph Welch posed to Senator Joseph McCarthy in 1954 — “Have you no sense of decency?” — helped end a witch hunt that was tearing the country in two.

The ICE Shooting Should Be Mourned — and Investigated

Gift link:

www.bloomberg.com/opinion/arti...

15.01.2026 14:22 👍 3 🔁 2 💬 0 📌 0

The question Joseph Welch posed to Senator Joseph McCarthy in 1954 — “Have you no sense of decency?” — helped end a witch hunt that was tearing the US in two...After the killing of a Minneapolis woman by a federal agent, it’s unfortunately relevant again.

Our editorial (gift link in next post)

15.01.2026 14:20 👍 3 🔁 0 💬 2 📌 0
A map of the Arctic Ocean and surrounding territories, including the northernmost parts of Russia, Canada, the US and Europe, with Greenland at the center. Icons on the map show the concentration of specialty metals and other minerals on Greenland as well as the locations of various national military installations ringing the Arctic Ocean.

A map of the Arctic Ocean and surrounding territories, including the northernmost parts of Russia, Canada, the US and Europe, with Greenland at the center. Icons on the map show the concentration of specialty metals and other minerals on Greenland as well as the locations of various national military installations ringing the Arctic Ocean.

Take a moment to orient yourself with this map — www.bloomberg.com/news/article...

15.01.2026 11:52 👍 7 🔁 1 💬 0 📌 0
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Greenland Says It Chooses Denmark and Rules Out Joining US Greenland’s prime minister categorically ruled out joining the US and said the Arctic territory prefers to be in a union with Denmark, suggesting the island is putting independence plans on the back b...

Greenland’s prime minister categorically ruled out joining the US and said the Arctic territory prefers to be in a union with Denmark.

www.bloomberg.com/news/article...

13.01.2026 22:00 👍 37 🔁 9 💬 0 📌 0

- Changes to Alberta's electrical distribution rules, to the benefit of electricity providers in Montana

- removal of retaliatory tariffs on US products, put in place only after the Trump admin imposed tariffs on Canadian goods

ustr.gov/sites/defaul...

13.01.2026 19:21 👍 2 🔁 2 💬 1 📌 0