He'll sign if Iran tells him to sign

US INDUSTRIAL PRODUCTION (MOM) (MAY) ACTUAL: 0.1% VS 0.7% PREVIOUS; EST 0.3%

U.S. DEBT BURDEN SURPASSES ENTIRE ANNUAL ECONOMIC OUTPUT AMERICA’S DEBT-TO-GDP RATIO CROSSES 100%, REACHING LEVELS LAST SEEN DURING WWI

The U.S. government ran a budget deficit in May of $293 billion, well above estimates and up 32% from a year earlier. The government also paid a record $133 billion in interest, a 44% YoY jump. Annualized, that's $1.6 trillion in interest, 30% of tax receipts! Disaster awaits!

#cdnpoli These things are incredibly capable - when they can fly and have all their bits working, which is about a quarter of the time. airandspaceforces.com/gao-on…

This piece should’ve emphasized that F-35 integration with other combat aircraft and AEW&C is necessary for NATO’s regional defence plans. F-35 would be flying alongside Eurofighters, Gripens and Rafales if war erupted against Russia. The problem is not specific to NORAD. The US must put interoperability requirements above its economic interests, unless its commitment to European security is a sham.

Woodfibre LNG CEO Luke Schauerte says global LNG buyers recognize Canada as stable supplier. And: "I do see Canadian LNG as Indigenous LNG." bit.ly/4fDH8EE Via BOEReport

Alcoa and the Port of Trois Rivières inaugurate new port facilities dedicated to unloading raw materials for the Deschambault Smelter newswire.ca/news-releases/al…

I don't blame a CEO from trying to maximize shareholder return, but @cenovus seems to make headlines about this more than his peers.

Don't get me started on aluminum, the dumbest tariff in the history of dumb US tariffs, because US manufacturing is flummoxed without Canadian primary aluminum.

Key to remember: Declining to renew the USMCA by July 1 does not end the deal. It remains in force for at least 10 years, it just enters a period of annual reviews. Trump *could* still move to withdraw from the deal, but that's not what he said today bloomberg.com/news/articles/…

A good summation of the auto industry stakes in CUSMA trade talks open.substack.com/pub/highsp…

Ukraine isn't testing the SKYNEX air defense system anymore. It's using it - and the results are rewriting Europe's defense orders. All four SKYNEX systems pledged by Germany have been delivered and are operational. Developed by Rheinmetall, each unit combines a 35mm automated anti-aircraft cannon with radar-guided targeting and a networked battle management system - designed specifically to intercept Shahed-type drones before they reach their targets. Ukraine's Air Force called the results "impeccable." Rheinmetall is now planning to scale production to 400 systems per year by 2027 - a decision driven directly by what Ukraine proved in combat. The drone war created the demand. Ukraine created the proof of concept.

Contract out? That’s what the route can support. Three nonstop flights a day on AC is pretty good.

iran is using hezbollah to complicate the ceasefire. more actors. more fronts. more ways for diplomacy to fail. @gzeromedia

"mostly gas" is a pretty good thing. More likely to get to tidewater, not as vulnerable to replacement by renewables, a major source for rail-transportable liquids like propane, it has a better long-term outlook than oil.

Althia is trying to defend a form of governance - call it Progressive Liberalism, Bleeding Heart Liberalism, whatever - and hold Carney to the standards of the Trudeau era We can like (or, in my case, significantly dislike) that brand of politics but it’s well within her rights

A reminder to the anti-climate change zealots. There are sound economic and political reasons for Canada to support a low carbon future.

DOE lab seeks input on a ‘Carbon Border Adjustment Mechanism Study’ ow.ly/wmeW106zgfj