Christine Dobby
@christinedobby.bsky.social
Toronto-based Canadian Finance Reporter for Bloomberg
Author of weekly Bay Street Edition newsletter https://www.bloomberg.com/account/newsletters/bay-street-edition
cdobby1@bloomberg.net; Signal CDobby.50; DM for WhatsApp/cell
She/her. Views my own.
Author of weekly Bay Street Edition newsletter https://www.bloomberg.com/account/newsletters/bay-street-edition
cdobby1@bloomberg.net; Signal CDobby.50; DM for WhatsApp/cell
She/her. Views my own.
Mark Carney drew criticism when his finance minister said the government has no plan to release a budget soon. But it’s also worth looking at another early move by the Canadian PM. Read more in this week's Bay Street Edition, Bloomberg's Canada newsletter: www.bloomberg.com/news/newslet...
Elbows Up, Pens Down: Carney Burns Political Capital by Scrapping Budget
Also: Canadian stocks are so back
www.bloomberg.com
May 16, 2025 at 6:46 PM
Mark Carney drew criticism when his finance minister said the government has no plan to release a budget soon. But it’s also worth looking at another early move by the Canadian PM. Read more in this week's Bay Street Edition, Bloomberg's Canada newsletter: www.bloomberg.com/news/newslet...
Reposted by Christine Dobby
Helpful list from the CBC on which ridings remain too close to call. Liberals would need to flip 4 of these without losing any other seats in order to get to a majority. www.cbc.ca/news/politic...
April 29, 2025 at 3:04 PM
Helpful list from the CBC on which ridings remain too close to call. Liberals would need to flip 4 of these without losing any other seats in order to get to a majority. www.cbc.ca/news/politic...
Reposted by Christine Dobby
Donald Trump said: "American banks, are not allowed to do business in Canada. Can you believe that?”
We can’t, because it isn’t true, says @christinedobby.bsky.social in the Bay Street Edition.
www.bloomberg.com/news/newslet...
We can’t, because it isn’t true, says @christinedobby.bsky.social in the Bay Street Edition.
www.bloomberg.com/news/newslet...
February 7, 2025 at 3:53 PM
Donald Trump said: "American banks, are not allowed to do business in Canada. Can you believe that?”
We can’t, because it isn’t true, says @christinedobby.bsky.social in the Bay Street Edition.
www.bloomberg.com/news/newslet...
We can’t, because it isn’t true, says @christinedobby.bsky.social in the Bay Street Edition.
www.bloomberg.com/news/newslet...
Reposted by Christine Dobby
A defiant Prime Minister Justin Trudeau, all smiles at his political party’s end-of-year festivities, tried to downplay the most serious challenge yet facing his leadership.
“Like most families, sometimes we have fights around the holidays..."
“Like most families, sometimes we have fights around the holidays..."
Trudeau Tries to Brush Off Deputy’s Exit as Festive Family Spat
A defiant Prime Minister Justin Trudeau, all smiles at his political party’s end-of-year festivities, tried to downplay the most serious challenge yet facing his leadership.
www.bloomberg.com
December 18, 2024 at 3:30 AM
A defiant Prime Minister Justin Trudeau, all smiles at his political party’s end-of-year festivities, tried to downplay the most serious challenge yet facing his leadership.
“Like most families, sometimes we have fights around the holidays..."
“Like most families, sometimes we have fights around the holidays..."
Chrystia Freeland's resignation letter began with the typical bromides, then absolutely eviscerated the prime minister. A special edition of our Canada newsletter, with insight from @brianplatt.bsky.social, looks at the turmoil in the capital www.bloomberg.com/news/newslet...
It’s Maximum Chaos in Ottawa as Freeland Eviscerates Trudeau
The story behind 12 hours of turmoil in Canada’s capital
www.bloomberg.com
December 17, 2024 at 4:00 PM
Chrystia Freeland's resignation letter began with the typical bromides, then absolutely eviscerated the prime minister. A special edition of our Canada newsletter, with insight from @brianplatt.bsky.social, looks at the turmoil in the capital www.bloomberg.com/news/newslet...
Bay Street Edition: We look at the prospect of a Canadian mortgage war, what to expect from bank earnings next week and CI Financial’s privatization plan. Plus, are you old enough to be reading this tweet? www.bloomberg.com/news/newslet...
The Great Canadian Mortgage War Is Coming
Also: All the fallout over Trump’s tariff pledge
www.bloomberg.com
November 29, 2024 at 2:51 PM
Bay Street Edition: We look at the prospect of a Canadian mortgage war, what to expect from bank earnings next week and CI Financial’s privatization plan. Plus, are you old enough to be reading this tweet? www.bloomberg.com/news/newslet...
Reposted by Christine Dobby
Here's US data on "encounters" with border staff -- yellow line is Mexico border, black line is Canada.
Vast majority of the latter are people trying to enter US through a regular border-entry point (but aren't authorized/no paperwork etc). Very few are sneaking into US from Canada off the grid.
Vast majority of the latter are people trying to enter US through a regular border-entry point (but aren't authorized/no paperwork etc). Very few are sneaking into US from Canada off the grid.
November 27, 2024 at 3:17 AM
Here's US data on "encounters" with border staff -- yellow line is Mexico border, black line is Canada.
Vast majority of the latter are people trying to enter US through a regular border-entry point (but aren't authorized/no paperwork etc). Very few are sneaking into US from Canada off the grid.
Vast majority of the latter are people trying to enter US through a regular border-entry point (but aren't authorized/no paperwork etc). Very few are sneaking into US from Canada off the grid.
Reposted by Christine Dobby
with @stephaniehughes.bsky.social:
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
Canadian Stocks Drop as Traders Sell Into Trump’s Tariff Threats
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
www.bloomberg.com
November 26, 2024 at 5:48 PM
with @stephaniehughes.bsky.social:
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
Hard to read, but another important story about teens and the opioid crisis
After his 15-year-old son died from a fake pill purchased online, a Montreal father warns overdose can happen to anyone, by Marcus Gee
www.theglobeandmail.com/canada/artic... via @theglobeandmail.com #ToxicDrugCrisis
www.theglobeandmail.com/canada/artic... via @theglobeandmail.com #ToxicDrugCrisis
After his teenage son died from a fake pill, a Montreal father warns overdose can happen to anyone
Christian Boivin’s grief for 15-year-old Mathis and pleas for change shine a light on the increasingly contaminated illicit drug supply
www.theglobeandmail.com
November 23, 2024 at 1:55 PM
Hard to read, but another important story about teens and the opioid crisis
TD Bank's money-laundering problems destroyed CEO Bharat Masrani's legacy, but now some shareholders are asking: where's the accountability for the board? Read Bay Street Edition, our weekly newsletter: www.bloomberg.com/news/newslet...
TD Investors Turn Spotlight on Board as US Penalties Sink In
Also: How Roy Gori made the decision to retire as Manulife CEO
www.bloomberg.com
November 22, 2024 at 7:23 PM
TD Bank's money-laundering problems destroyed CEO Bharat Masrani's legacy, but now some shareholders are asking: where's the accountability for the board? Read Bay Street Edition, our weekly newsletter: www.bloomberg.com/news/newslet...
Public service journalism 👏
Since there’s ambiguity in the press release language on alcohol, Bloomberg checked and confirmed the GST is being removed from *all* wine, not just that below 7% alcohol content. Carry on.
Trudeau announces the government will send a one-time $250 cheque this spring to 18.7 million Canadians who earn less than $150,000 annually. It will also remove the GST for two months on the following items:
November 21, 2024 at 8:44 PM
Public service journalism 👏
Reposted by Christine Dobby
Latest from me:
The trading gives Groupe Dynamite a market value of about C$2.2 billion, and Chief Executive Officer Andrew Lutfy’s stake around C$1.9 billion.
The trading gives Groupe Dynamite a market value of about C$2.2 billion, and Chief Executive Officer Andrew Lutfy’s stake around C$1.9 billion.
Groupe Dynamite Shares Fall 2% in First Canadian IPO of 2024
Groupe Dynamite Inc. shares fell 2% in Toronto after its C$300 million ($215 million) initial public offering, Canada’s first corporate listing since March 2023.
www.bloomberg.com
November 21, 2024 at 4:56 PM
Latest from me:
The trading gives Groupe Dynamite a market value of about C$2.2 billion, and Chief Executive Officer Andrew Lutfy’s stake around C$1.9 billion.
The trading gives Groupe Dynamite a market value of about C$2.2 billion, and Chief Executive Officer Andrew Lutfy’s stake around C$1.9 billion.
Reposted by Christine Dobby
Women’s fast-fashion retailer Dynamite starts trading on the TSX today after sealing a C$300M IPO, the first big corporate listing in a hot minute (close to two years). Ticker for the company, which also owns Garage, is GRGD. Story from @mathieudion.bsky.social
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Fast-Fashion Retailer Groupe Dynamite Seals $215 Million IPO in Canada
Canadian fast-fashion retailer Groupe Dynamite Inc. will start trading in Toronto on Thursday after sewing up a C$300 million ($215 million) initial public offering that will cement its largest shareh...
www.bloomberg.com
November 21, 2024 at 1:13 PM
Women’s fast-fashion retailer Dynamite starts trading on the TSX today after sealing a C$300M IPO, the first big corporate listing in a hot minute (close to two years). Ticker for the company, which also owns Garage, is GRGD. Story from @mathieudion.bsky.social
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Here's Layan and Paula's story on official news of Harper's appointment as AIMCo chair today www.bloomberg.com/news/article...
November 20, 2024 at 6:43 PM
Here's Layan and Paula's story on official news of Harper's appointment as AIMCo chair today www.bloomberg.com/news/article...
As Bloomberg's Paula Sambo, Layan Odeh and Dawn Lim reported last week... Alberta has appointed ex-Canadian PM Stephen Harper to be chair of the provincial investment manager AIMCo calgaryherald.com/business/pro...
Province appoints former PM Harper as AIMCo board chair, names three other members
The Alberta government has appointed former prime minister Stephen Harper as chair of AIMCo's board of directors.
calgaryherald.com
November 20, 2024 at 6:16 PM
As Bloomberg's Paula Sambo, Layan Odeh and Dawn Lim reported last week... Alberta has appointed ex-Canadian PM Stephen Harper to be chair of the provincial investment manager AIMCo calgaryherald.com/business/pro...
Canada's competition watchdog is investigating two of the country's largest furniture retailers, Leon's and The Brick (same owner), for alleged deceptive marketing related to tactics like inflated regular prices used when touting sales, false urgency to end of promos www.newswire.ca/news-release...
Competition Bureau advances an investigation into Leon's and The Brick's marketing practices
/CNW/ - Today, the Competition Bureau obtained a court order to gather information and advance an ongoing investigation into Leon's Furniture Limited and its...
www.newswire.ca
November 20, 2024 at 2:01 PM
Canada's competition watchdog is investigating two of the country's largest furniture retailers, Leon's and The Brick (same owner), for alleged deceptive marketing related to tactics like inflated regular prices used when touting sales, false urgency to end of promos www.newswire.ca/news-release...
Reposted by Christine Dobby
Going to try this again, as the previous link might not work. Starter pack of Bloomberg News journalists in Canada. Please follow us!
bsky.app/starter-pack...
bsky.app/starter-pack...
November 19, 2024 at 8:17 PM
Going to try this again, as the previous link might not work. Starter pack of Bloomberg News journalists in Canada. Please follow us!
bsky.app/starter-pack...
bsky.app/starter-pack...
Reposted by Christine Dobby
New from me: Shopify, Canada’s biggest tech company, is drawing criticism for hosting a store full of antisemitic merchandise, in a test of what the e-commerce platform is willing to accept under a new lighter-touch rulebook
Holocaust Denial Tests Tech Giant Shopify’s Free Speech Ethos
Shopify Inc., Canada’s biggest tech company, is drawing criticism for hosting an online store full of antisemitic merchandise, in a test of what the e-commerce platform is willing to accept under a ne...
www.bloomberg.com
November 18, 2024 at 11:02 PM
New from me: Shopify, Canada’s biggest tech company, is drawing criticism for hosting a store full of antisemitic merchandise, in a test of what the e-commerce platform is willing to accept under a new lighter-touch rulebook
Not just on the Bloomberg terminal
Here's a starter pack for the Bloomberg News team in Canada. Please give them a follow, thanks!
go.bsky.app/GM4xQd8
go.bsky.app/GM4xQd8
Bloomberg Canada reporters
Join the conversation
go.bsky.app
November 19, 2024 at 3:20 PM
Not just on the Bloomberg terminal
CEO News: Manulife's Roy Gori, 56, will retire in May and be succeeded by the company's Asia head Phil Witherington. Health and longevity enthusiast Gori is leaving to spend more time with his family and pursue other passions, he said in an internal memo today www.bloomberg.com/news/article...
Manulife CEO Gori to Retire in May, Witherington to Succeed Him
Manulife Financial Corp. said Chief Executive Officer Roy Gori will retire in May and be succeeded by Phil Witherington, head of the company’s Asia business.
www.bloomberg.com
November 18, 2024 at 5:38 PM
CEO News: Manulife's Roy Gori, 56, will retire in May and be succeeded by the company's Asia head Phil Witherington. Health and longevity enthusiast Gori is leaving to spend more time with his family and pursue other passions, he said in an internal memo today www.bloomberg.com/news/article...
Reposted by Christine Dobby
Scoop: Humanoid robotics startup Sanctuary AI cut jobs following the departure of its founding CEO a few days ago, and another co-founder earlier this year
Robotics Startup Sanctuary AI Cuts Jobs After Two Co-Founders Leave
Canadian robotics startup Sanctuary AI cut jobs following the departures of its founding chief executive officer and another co-founder.
www.bloomberg.com
November 15, 2024 at 7:35 PM
Scoop: Humanoid robotics startup Sanctuary AI cut jobs following the departure of its founding CEO a few days ago, and another co-founder earlier this year
Reposted by Christine Dobby
Alberta's finance minister chose a dramatic way to purge the top leadership of pension manager AIMCO: He sacked them during an offsite meeting at the Westin hotel that included 170 staff. Our reporters have the inside story on what happened, and why.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Public Ambush Sends Alert to $120 Billion Alberta Pension: Government’s In Charge
It was supposed to be a bonding experience.
www.bloomberg.com
November 15, 2024 at 11:31 AM
Alberta's finance minister chose a dramatic way to purge the top leadership of pension manager AIMCO: He sacked them during an offsite meeting at the Westin hotel that included 170 staff. Our reporters have the inside story on what happened, and why.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Alberta Finance Minister Nate Horner chose the most dramatic way possible to show who's in charge at Aimco: He turned up at a leadership offsite to sack the CEO. Read more in Bay Street Edition, Bloomberg's weekly newsletter, written by me: www.bloomberg.com/news/newslet...
Mass Firings at Aimco Are a Warning Shot for the Maple Model
Also: What pushed the TSX past 25,000 this week
www.bloomberg.com
November 15, 2024 at 5:56 PM
Alberta Finance Minister Nate Horner chose the most dramatic way possible to show who's in charge at Aimco: He turned up at a leadership offsite to sack the CEO. Read more in Bay Street Edition, Bloomberg's weekly newsletter, written by me: www.bloomberg.com/news/newslet...
Reposted by Christine Dobby
“No well-run firm replaces all of its executive team and whole board at once. That’s a recipe for disaster.”
Bloomberg on the UCP government's kablooeying at AIMCo www.bnnbloomberg.ca/business/com...
Bloomberg on the UCP government's kablooeying at AIMCo www.bnnbloomberg.ca/business/com...
Public ambush sends alert to $169 billion Alberta pension: Government’s in charge
“To restore confidence in the agency, Alberta’s government has decided to reset the investment corporation’s focus with a new CEO and board,” the government of Alberta said in a statement.
www.bnnbloomberg.ca
November 15, 2024 at 5:52 PM
“No well-run firm replaces all of its executive team and whole board at once. That’s a recipe for disaster.”
Bloomberg on the UCP government's kablooeying at AIMCo www.bnnbloomberg.ca/business/com...
Bloomberg on the UCP government's kablooeying at AIMCo www.bnnbloomberg.ca/business/com...