Daniel Johnson
Digital Broadcast Journalist at BNN Bloomberg
Articles
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3 days ago |
bnnbloomberg.ca | Daniel Johnson
Real estate in the Greater Toronto Area has entered correction territory as tariffs and the current geopolitical situation are weighing on home buying activity, according to one real estate CEO. The Toronto Regional Real Estate Board said in a release Wednesday that home sales fell 13.3 per cent on an annual basis in May, with 6,244 homes changing hands. New listings reached 21,819 during the month, marking a 14 per cent increase from the previous year.
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5 days ago |
bnnbloomberg.ca | Daniel Johnson
BlackRock’s head of digital assets says he is seeing broader enthusiasm for the use case of stablecoins. BlackRock has many Bitcoin exchange traded products (ETP), with around $70 billion in assets around the world, Robbie Mitchnick said in an interview with BNN Bloomberg Monday. “So that’s been a pretty extraordinary story, having started just in January of 2024 when we launched the first...
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1 week ago |
bnnbloomberg.ca | Daniel Johnson
Canada’s economy is diverging as Bay Street gains amid more difficult broader conditions, according to one head of fixed income, after the release of better-than-expected first quarter gross domestic product (GDP) numbers. First quarter GDP came in at 2.2 per cent on an annualized basis, compared to 2.1 per cent in the previous quarter, which was downwardly revised.
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1 week ago |
bnnbloomberg.ca | Daniel Johnson
A Calgary-based energy company is expecting the acquisition of a natural gas and petroleum company in the Netherlands to boost its organic growth and cash flow, according to it’s CEO. Tenaz Energy announced in a release earlier this month that it completed the acquisition of 100 per cent of the shares of NAM Offshore B.V. from Nederlandse Aardolie Maatschappij B.V., a joint venture between Shell PLC and ExxonMobil Corporation.
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1 week ago |
bnnbloomberg.ca | Daniel Johnson
One portfolio manager says bank earnings are supporting Canada’s benchmark index. Earlier this month, the S&P/TSX Composite Index reached record highs, closing at 25,897.48. Early afternoon Wednesday, the TSX was trading slightly lower at 26,247.25. Ryan Bushell, CEO and portfolio manager at Newhaven Asset Management, said in an interview with BNN Bloomberg Wednesday that some of Canada’s largest lenders have posted decent results this week.
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