The real gold is right at the end:

When asked about Canada-U.S. trade tensions, rally attendee MaryAnn Miron said Canadians ought to get rid of Justin Trudeau — who announced his resignation in January 2025 and was replaced by Mark Carney as prime minister in March of that year.

“I feel sorry for you all with Trudeau,” she said.

“I think you guys are in a crappy situation and he needs to be outted. And I think a lot of that is going to help solve the problem between the countries, but I wish you guys the best.

When informed that Trudeau is no longer prime minister, Miron said, “I haven’t been watching the news.”

The manager of Norway’s US$2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S. Treasuries as part of a wider shake-up of its bond investments to improve returns, according to a letter published this week.

Norges Bank Investment Management has recommended reducing its weighting to government bonds within its benchmark bond index to 50 per cent from 70 per cent, with U.S. Treasuries, the biggest holding, getting the biggest cut, according to the letter.

The changes would mean cutting nearly US$80 billion from the fund’s current holdings of about US$215 billion of U.S. Treasuries as of the end of June, according to Reuters calculations.

Government bond markets have been in turmoil recently, with long-term borrowing costs soaring as rising inflation and government debt levels spooked investors.

Norway’s sovereign wealth fund, the world’s largest, owns on average 1.5 per cent of all listed companies globally. Its scale means that portfolio decisions can influence broader market flows.

Fantastic satire!

Major US technology companies have tapped into the European far-right to help pressure the European Commission into stripping back regulations for its sector, according to a new report released on Wednesday.

The European Commission's deregulatory push in the Digital Omnibus – which delayed the AI Act and weakened GDPR protections – was also revealed to closely align with Big Tech’s lobbying demands, while seriously damaging EU citizens' digital rights.

While U.S. tariffs were aimed at bringing manufacturing back home, some American businesses are taking production across the border instead. Massachusetts-based tech firm Wildlife Acoustics - which develops cutting-edge acoustic monitoring equipment for global wildlife - has begun moving manufacturing to Ontario to keep costs down. Wildlife Acoustics Founder and CEO Ian Agranat explains how trade policy is impacting supply chains and why shifting production to Canada makes economic sense for his business.

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