Canada-EU Pivot: Prime Minister Mark Carney says Canada is pursuing a “unique alliance” with the EU (not EU membership), with visa-rule changes to/from Europe flagged as a “possibility” as he heads to France for talks with EU leaders. Investment Summit Push: At the Canada Investment Summit, Carney unveiled a “productivity mega deduction” cutting the marginal effective tax rate on new business investment to 6.4% and expanding eligible assets to 65%+—including oil & gas pipelines and critical infrastructure—while also pitching long-term airport concessions. Regulatory Shift in Energy Approvals: Ottawa is scaling back federal impact assessments for some energy projects, removing new in situ oilsands facilities and gas-fired power plants from the federal project list and shifting more review to provinces and the Canada Energy Regulator. Power Grid & Nuclear Cooperation: Saskatchewan, Alberta and the N.W.T. signed a nuclear-and-transmission MOU to strengthen Western and northern electricity reliability. LNG to Europe: Naftogaz and Kino Aski LNG signed an MoU to explore adding Canadian low-carbon LNG to Naftogaz’s European supply options. Data Centres & Power: Bell and Saskatchewan are moving toward a major AI data centre expansion, but the province’s “bring your own power” rules keep electricity supply front and centre. Market Pulse: Oil pushed back above $100 as U.S. gasoline and diesel prices rose on Iran-related and Red Sea disruptions, feeding broader market jitters.