BNN Bloomberg

BNN Bloomberg, previously known as Business News Network and Report on Business Television, is a specialty channel in Canada that focuses on business and financial news. It is owned by Bell Media and is located at 299 Queen Street West in the heart of Downtown Toronto. As of April 30, 2018, BNN Bloomberg has collaborated with the U.S. business channel Bloomberg Television, although it continues to create a significant amount of its daytime programming internally. Additionally, many of the shows aired on the channel are also broadcast on CFTE 1410 radio station in Vancouver, where it is branded as BNN Bloomberg Radio.

National, Trade/B2B

English

Television

Outlet metrics

Domain Authority

Ranking

Global

#19542

Canada

#497

Finance/Investing

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Monthly visitors

Articles

The Daily Chase: Gold keeps powering higher

2 days ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningGold keeps powering higher: The price of gold surged past US$3,500 an ounce for the first time this morning, as concern that U.S. President Donald Trump could fire U.S. Federal Reserve Chair Jerome Powell triggered a flight from U.S. stocks, bonds and the U.S. dollar. Bullion gained as much as 2.2 per cent to briefly touch $3,500, before pulling back.
Tariffs could cause cost of canned goods to rise by up to 40 cents a can, food processor warns

3 days ago | bnnbloomberg.ca | Pat Foran

One major food processor in Ontario warns the cost of their canned goods could go up to as high as an additional 40 cents per can due to Canada’s retaliatory tariffs. Sun-Brite Foods Inc., located near Leamington, Ont., is the Canadian-owned and operated producer of brands like Unico and Primo.
The Daily Chase: Trump’s Powell push weighing on markets

3 days ago | bnnbloomberg.ca | Terry Cain

Here are four things you need to know this morningTrump’s Powell push weighing on markets: North American stock markets are under pressure this morning. As has so often been the case in recent weeks, the primary source of that pressure is the White House… but this time it does not have to do with tariffs. Rather, investors are showing concern that U.S. President Donald Trump will act on his threat of firing U.S. Federal Reserve Chairman Jerome Powell.
How this Federal election could impact your investments: Dale Jackson

4 days ago | bnnbloomberg.ca | Dale Jackson

With the April 28th Federal election approaching, Canadians are getting a clearer picture of where the major parties stand on issues that could impact their investment portfolios. Here’s a quick take from what the major parties are saying on the campaign trail:Capital gains tax: politics asideHalf of capital gains generated as profit on the sale of equity investments are currently taxed as they have been for the past 25 years.
The Daily Chase: Central banks in the spotlight

1 week ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningStocks look to open higher: Stock futures are indicating a rebound for North American equity markets as positive signals from initial U.S.-Japan trade talks are stirring optimism agreements can be reached to defuse the global trade war. U.S. President Donald Trump said there was “big progress” in talks to strike a deal for Japan.
‘Confused’: Bank of Canada facing calls it should have cut amid inflation, growth risks

1 week ago | bnnbloomberg.ca | Daniel Johnson

Some experts are calling into question the Bank of Canada’s decision to hold its key policy rate amid trade uncertainty, as the central bank faces dual risks from downside economic impacts coupled with higher inflation expectations. The Bank of Canada announced Wednesday that it would leave its benchmark interest rate unchanged, waiting for a clearer picture of how trade uncertainty will affect the economy. The policy rate remained at 2.75 per cent following seven consecutive cuts since June.
‘Muddled picture’: Chief economist expects BoC to hold after latest inflation figures

1 week ago | bnnbloomberg.ca | Daniel Johnson

After inflation surprisingly slowed in March, one chief economist says he doesn’t expect a cut from Canada’s central bank on Wednesday, but highlighted he is forecasting about 100 basis points of cuts during the year. Statistics Canada reported Tuesday that the consumer price index rose 2.3 per cent on an annual basis in March, coming after an increase of 2.6 per cent the previous month. The figures came in lower than expectations among analysts polled by Reuters.
The Daily Chase: Trump tariffs still in the spotlight

1 week ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningTrump tariffs still in the spotlight: U.S. trade tariffs continue to hog the spotlight. Shares of U.S.-based automakers jumped yesterday after U.S. President Donald Trump suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. Trump announced a 25 per cent tariff on imported vehicles on March 27.
‘Market advantage’: TMX CEO says Canada should lower barriers for companies raising money

1 week ago | bnnbloomberg.ca | Daniel Johnson

The CEO of TMX Group, the operator of the Toronto Stock Exchange, is recommending changes Canada’s next federal government should make to lower barriers for companies looking to raise money. In an interview with BNN Bloomberg Monday, John McKenzie said that even before the U.S. election, Canada had been facing declining competitiveness and productivity.
Understanding the psychology of a bear market: Larry Berman

1 week ago | bnnbloomberg.ca | Larry Berman

If a recession-linked bear market is developing, we can expect a few things to happen. In an average recession, earnings per share (EPS) fall about 11 per cent. Currently, the S&P 500 Index has US$245 in trailing EPS and growth is still expected to be $268 this year. That expectation seems extremely unlikely. Post April 2 (“Liberation Day” tariff announcement), the strategists that have changed EPS targets are basically expecting little or no EPS growth.