Derek DeCloet's profile photo

Derek DeCloet

Toronto

Managing Editor at Bloomberg News

Canada editor for Bloomberg News. Opinions are mine. Facts matter. Follow me on Bluesky or LinkedIn. Email: [email protected] or [email protected]

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Articles

  • 2 weeks 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.

  • 2 weeks 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.

  • 2 weeks 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.

  • 3 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.

  • 3 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.

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Derek DeCloet
Derek DeCloet @decloet
23 May 25

You know which country has a free trade deal with the EU that it would like to expand? CANADA

Aaron Rupar
Aaron Rupar @atrupar

Trump announces (sort of) a 50% tariff on the EU https://t.co/8AJe6vEXUQ

Derek DeCloet
Derek DeCloet @decloet
23 May 25

they win ONE trophy and look

Tottenham Hotspur
Tottenham Hotspur @SpursOfficial

How many now lads? x

Derek DeCloet
Derek DeCloet @decloet
19 May 25

welp, don't need to worry about that!

Derek DeCloet
Derek DeCloet @decloet

It has already been a historic year for Canada -- a prime minister resigned, Trump started a trade war, all of his 51st state stuff, Elbows Up, a national election, etc. But if the Stanley Cup final is Edmonton v. Toronto, I think the place might actually combust.