Montreal Bureau Chief at Bloomberg | English/Français | Views = mine | [email protected]
Montréal, Québec, Canada
Joined September 2009
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Much of Canada’s data and voice traffic travels through US networks, but US threats against Canadian sovereignty have forced Prime Minister Mark Carney’s government to review this vulnerability.
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The idea of a referendum on Quebec’s independence is back on the table in the Canadian province, with the PQ leading in polls ahead of an October election.
In the September issue of Bloomberg Businessweek, we ask: Could Quebec really go it alone?
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Mathieu Dion retweeted
Air Canada's CEO Michael Rousseau is stepping down following blowback from a video statement he gave — almost entirely in English — after an Express plane collided with a fire truck at LaGuardia airport on March 22.
@Mathieu_Dion explains why the CEO's lack of a French apology led to this moment bloom.bg/410HjBn
Air Canada CEO Michael Rousseau announced he’s leaving after creating a public relations fiasco with an English-language video about the deadly runway collision at LaGuardia Airport in New York.
Rousseau, 68, was paid C$13.1 million last year.
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Quebec Pension Fund Condemns Air Canada CEO's Video, Joining Carney
"There is no doubt that the video should have been in both official languages," La Caisse said in an emailed statement to Bloomberg News.
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Here's a chart of Quebec's 30-year bond yield minus Ontario's over the past year -- it is an indication of a higher risk premium for Quebec bonds due to multiple factors, including referendum talks:
Mathieu Dion retweeted
La perspective d’un référendum sur l’indépendance du Québec fait déjà mal aux finances de la province, selon le ministre Eric Girard. «C'est un projet politique légitime, mais ce n'est pas un bon projet économique» dit-il en entrevue à #Zoneéconomie
Quebec’s Desjardins Group wants to expand further in the rest of Canada, its top executive said, an ambition that means it needs to make deals and add staff in wealth management and capital markets.
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L'écart de crédit des obligations 30 ans du Québec par rapport à l'Ontario a pris de l'ampleur dans les dernières semaines, notamment et non exclusivement en raison de la possibilité d'un référendum.
Nous avons écrit sur le sujet à quelques reprises :
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Several Canadian provinces pulled US wine and spirits from stores after President Donald Trump started a trade war, costing American booze-makers millions of dollars in sales, with almost three-quarters of Canadians still supporting the initiative.
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British startup Awendio Solaris is drafting plans to invest as much as C$1 billion into a solar technologies factory in Canada, though it still needs to secure power supply and financing.
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(Bloomberg) -- Laurentian Bank reached a deal to sell its itself to Fairstone Bank for C$1.9 billion, part of a strategy to refocus the Canadian bank on its commercial-lending operations.
National Bank of Canada will acquire all retail and small-business assets and liabilities.
Full story: bloomberg.com/news/articles/…
La Caisse will be meeting with @PKP_Qc and his team “so that they can take us through the details of their plan,” it said in an emailed statement.
Péladeau is pushing for partial control of the board of vacation provider Transat AT Inc.
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