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BNN Bloomberg Picks
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6:01Inflation, geopolitics weighing on tourism industry
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13:41Project Liberty bid for TikTok assets part of plan to build 'a better internet'
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7:15
Waabi CEO aims to launch driverless trucks 'faster and safer than everybody else'
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8:07Put Shopify in your shopping cart, says Evercore's Mark Mahaney
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'I live in hell': Anti-growth fervour grips U.S. South after pandemic boom
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8:37'50-50 chance' that AI outsmarts humanity, Geoffrey Hinton says
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Jun 21
With less than a week before Canada’s capital gains tax inclusion rate is set to rise, the country’s largest small-business association is renewing calls for the federal government to scrap the change or risk negatively impacting thousands of enterprises and their owners.
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Jun 21
6:12Canada's China EV tariff plan draws debate over best approach
Automotive and environmental groups are at odds over how far Canada should go in imposing new tariffs on Chinese-made electric vehicles, as Prime Minister Justin Trudeau’s government weighs levies to protect the domestic industry.
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Jun 21
6:02Online mortgage lender Nesto acquires mortgage finance company CMLS Group
Online mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.
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14h ago
7:50Markets today: Nasdaq futures under pressure as Nvidia retreats
Nasdaq 100 futures were under pressure on Monday morning, with Nvidia Corp. set for a third day of losses as investors cooled on tech’s sky-high valuations.
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Jun 21
8:35AI companies focusing on production over promises in 2024: Cohere co-founder
In an interview with BNN Bloomberg on Wednesday, Nick Frosst, co-founder of Cohere says the science-fiction-styled doomsday scenario some fear will emerge from AI is not realistic.
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Jun 20
Canadian homebuyers are increasingly opting for variable-rate mortgages as expectations build that policymakers are about to provide further relief on borrowing costs.
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13h ago
4:56Oil price news: Oil creeps up after loss as prices take cues from wider markets
Oil edged higher as it drew support from a firmer tone across wider markets.
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56m ago
The Daily Chase: Target takes aim at third-party selling with Shopify partnership
Here are five things you need to know this morning.
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Jun 19
Automakers in Canada say it’s doubtful there will be enough consumer demand for electric vehicles to reach the government’s target of phasing out new gasoline-powered vehicles by 2035.
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Jun 21
Canada May retail sales likely fall 0.6% after April rebound
Canadian retail sales likely dropped last month, nearly wiping out all of April’s gains and highlighting weakness in consumer spending that will keep more Bank of Canada rate cuts on the table this year.
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Jun 21
8:55Nvidia sheds US$200 billion in value after short run as top stock
Nvidia Corp.’s run as the world’s most valuable company didn’t last long.
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Jun 21
5:42Car dealers reel from cyberattack on US$1.2 trillion market
A dealership in Phoenix is handwriting paper contracts and gauging creditworthiness with guesswork. A Jeep owner in Alabama keeps calling about when a replacement part will be in stock. A family in New Jersey is waiting for word on when they can take delivery of their new Audi.
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Jun 20
5:36Canada prepares potential tariffs on Chinese EVs after U.S. and EU moves
Prime Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles to align Canada with actions taken by the U.S. and European Union, according to people familiar with the matter.
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Jun 18
Canada’s economy appears to be positioned for a rebound after experiencing weakness last year, but consumer spending is expected to be impacted by higher borrowing costs, tighter immigration policy and a softer labour market, according to a report.
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Jun 21
The Week Ahead: CPI, GDP data due
A look at what investors will be watching in the upcoming week.
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Jun 21
4:34Trudeau's future is tied to the vote of a rich Toronto neighbourhood
The streets of Toronto’s Forest Hill neighbourhood are lined with arching maple trees and multimillion-dollar homes, a plummy refuge for some of Canada’s wealthiest families and top business leaders. Now it’s also a red-hot political battleground in the fight to control the country’s highest office.




