Terry Cain

Toronto

Senior Writer and Lineup Editor at BNN Bloomberg

Freelance Writer at Freelance

Jack-of-all-trades at BNN Bloomberg, Leslieville resident, die hard Blue Jays fan

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Articles

The Daily Chase: Carney set to unveil cabinet

2 days ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningCarney set to unveil cabinet: Prime Minister Mark Carney is set to unveil his cabinet today… and the group is expected to include several new faces. CTV News has confirmed more than half of its members will be new. The Prime Minister’s office says Carney’s cabinet will be a more focused roster, and while the core slate of cabinet ministers is expected to stay under 30 people, he’ll also be appointing up to 10 secretaries of state.
The Daily Chase: Stocks soar on U.S.-China agreement

3 days ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningStocks soar on U.S.-China agreement: North American stock markets were set to open sharply higher after the United States and China agreed to temporarily lower tariffs on each other’s products.
The Week Ahead: Canada home sales; U.S. CPI data due

4 days ago | bnnbloomberg.ca | Terry Cain

Monday May 12 Earnings: Hudbay Minerals Inc K92 Mining Inc Finning International Inc Denison Mines Corp Constellation Software Inc Tuesday May 13 8:30 a.m. U.S. Consumer Price Index (April) Earnings: Endeavour Silver Corp Aya Gold & Silver Inc Peyto Exploration Northland Power Inc Power Corp of Canada CAE Inc Wednesday May 14 Earnings: Bird Construction Inc Birchcliff Energy Ltd Thursday May 15 8:15 a.m. Canada Housing Starts (April) 8:30 a.m. Canada Manufacturing Sales & Orders (March)...
The Daily Chase: Canadian job creation remains sluggish

6 days ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningMore sluggish job creation: The Canadian economy continues to create jobs at a sluggish pace. Employment grew by just 7,400 positions in April, and the unemployment rate rose to 6.9 per cent. The jobless rate matches a level last seen in November, which was the highest since January 2017 outside of the pandemic.
The Daily Chase: BCE cuts dividend

6 days ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningBCE cuts dividend by 56%: BCE has cut its dividend by 56 per cent – the company’s first dividend reduction in 17 years. CEO Mirko Bibic says the move will strengthen BCE’s balance sheet, while maintaining flexibility in a time of economic uncertainty. The move follows months of pressure from analysts and investors.
The Daily Chase: Carney meets with Trump

1 week ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningHigh stakes as Carney meets with Trump: Prime Minister Mark Carney is in Washington today for a crucial meeting with U.S. President Donald Trump. As Bloomberg News notes, Carney has tried to lower expectations for the meeting, saying he foresees “difficult but constructive” talks and no immediate solution to simmering trade tensions.
The Daily Chase: Trump repeats threats ahead of Carney meeting

1 week ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningTrump repeats threats ahead of Carney meeting: As Prime Minister Mark Carney prepares to travel to Washington to meet with Donald Trump, the U.S. president continues to indicate he would like America to absorb its northern neighbour. In a television interview yesterday, Trump said it is “highly unlikely” the United States would ever use military force to annex Canada, though he maintains he will continue to push to make it the 51st state.
The Daily Chase: GM cutting Canadian production

1 week ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningGM cutting Oshawa shift: General Motors is cutting back on its production in Ontario. GM says its Oshawa assembly plant will return to a two-shift operation, citing expected reduced demand, and what it calls “the evolving trade environment.” The automaker says the changes will help support a sustainable manufacturing footprint as it reorients the Oshawa plant to build more trucks in Canada for Canadian customers.
The Daily Chase: Tech earnings boost markets

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningTech earnings boost markets: North American stocks were set to open higher Thursday, as strong earnings from two titans of the tech sector reassured investors. Shares of Meta rallied in the pre-market after a revenue beat in the first quarter. Meta’s advertising sales, which make up 98 percent of its business, also defied analyst concerns about the impact of the trade war on the global economy.
The Daily Chase: Canadian economy declines

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningCanadian economy declines: There is fresh evidence today that Canada’s economy is in sluggish shape. Gross domestic product contracted by 0.2 per cent in February, missing expectations for zero growth and wiping away half of January’s 0.4 per cent expansion. It was the first monthly contraction since November, and was led lower by mining, oil and gas, construction, transportation and warehousing, and real estate.