Derek DeCloet

4 days ago | financialpost.com | Layan Odeh |Derek DeCloet

Advertisement 1Picton says the shock of rapidly-changing U.S. trade and foreign policy may ultimately be a positive for CanadaArticle contentThe head of Canada’s Picton Mahoney Asset Management said the global market volatility that has faded in recent weeks is likely to return, and his firm is betting on it. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.

4 days ago | financialpost.com | Layan Odeh |Derek DeCloet

Advertisement 1The head of Canada’s Picton Mahoney Asset Management said the global market volatility that has faded in recent weeks is likely to return, and his firm is betting on it. Article content(Bloomberg) — The head of Canada’s Picton Mahoney Asset Management said the global market volatility that has faded in recent weeks is likely to return, and his firm is betting on it. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

4 days ago | bloomberg.com | Layan Odeh |Derek DeCloet

(Bloomberg) -- The head of Canada’s Picton Mahoney Asset Management said the global market volatility that has faded in recent weeks is likely to return, and his firm is betting on it. Equity markets have rallied sharply since US President Donald Trump paused many of the tariffs he had announced in his “Liberation Day” speech. The S&P 500 has surged 19% since the April 8 close and just notched up its best May since 1990. The VIX Index, a volatility gauge, has tumbled.

2 weeks ago | news.bloomberglaw.com | Mathieu Dion |Derek DeCloet

Prime Minister Mark Carney said Canada will begin to use artificial intelligence “at scale” to make the government more productive, as his administration looks for ways to squeeze out cost savings in a time of economic pressure. Carney released a letter spelling out seven major priorities for his new cabinet, one of which is “spending less on government operations” to free up money for other priorities.

2 weeks ago | bloomberg.com | Mathieu Dion |Derek DeCloet

Mark Carney, Canada's prime minister, shakes hands with Francois-Philippe Champagne, his finance minister, after a swearing-in ceremony at Rideau Hall in Ottawa on May 13. (Bloomberg) -- Prime Minister Mark Carney said Canada will begin to use artificial intelligence “at scale” to make the government more productive, as his administration looks for ways to squeeze out cost savings in a time of economic pressure.