Mathieu Dion
@mathieudion.bsky.social
Montreal Bureau Chief at Bloomberg
English/Français
Views = mine
[email protected]
My stories: https://www.bloomberg.com/authors/AV1xQywAzxc/mathieu-dion
English/Français
Views = mine
[email protected]
My stories: https://www.bloomberg.com/authors/AV1xQywAzxc/mathieu-dion
Costs related to tariffs soared for Rio Tinto and Alcoa’s Canadian aluminum exports to the US in the first half of the year.
Rio Tinto: US$300 million
Alcoa: US$135 million
www.bloomberg.com/news/article...
Rio Tinto: US$300 million
Alcoa: US$135 million
www.bloomberg.com/news/article...
July 16, 2025 at 8:59 PM
Costs related to tariffs soared for Rio Tinto and Alcoa’s Canadian aluminum exports to the US in the first half of the year.
Rio Tinto: US$300 million
Alcoa: US$135 million
www.bloomberg.com/news/article...
Rio Tinto: US$300 million
Alcoa: US$135 million
www.bloomberg.com/news/article...
The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
May 8, 2025 at 3:55 PM
The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Finance minister Eric Girard told Bloomberg News that, despite Quebec’s credit downgrade, there is still important demand for the province’s bond issues.
“We’ve seen no movement in spreads. Zero basis point.”
“We’ve seen no movement in spreads. Zero basis point.”
April 30, 2025 at 5:15 PM
Finance minister Eric Girard told Bloomberg News that, despite Quebec’s credit downgrade, there is still important demand for the province’s bond issues.
“We’ve seen no movement in spreads. Zero basis point.”
“We’ve seen no movement in spreads. Zero basis point.”
The Canadian dollar swings as the election results come in.
April 29, 2025 at 3:25 AM
The Canadian dollar swings as the election results come in.
Economists at one of Canada’s biggest lenders are raising doubts about the fiscal plans offered by the leading parties in the country’s election, @erikhertzberg.bsky.social and Mario Baker Ramirez report.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
April 23, 2025 at 7:47 PM
Economists at one of Canada’s biggest lenders are raising doubts about the fiscal plans offered by the leading parties in the country’s election, @erikhertzberg.bsky.social and Mario Baker Ramirez report.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
2/ Le marché obligataire avait déjà pris en considération les plans budgétaires 2024-2025 et 2025-2026 et pris des positions en conséquence.
S&P, qui a abaissé la cote du Québec de AA- à A+, émet une analyse déjà faite par le marché, et il y a plusieurs autres agences.
S&P, qui a abaissé la cote du Québec de AA- à A+, émet une analyse déjà faite par le marché, et il y a plusieurs autres agences.
April 22, 2025 at 8:26 PM
2/ Le marché obligataire avait déjà pris en considération les plans budgétaires 2024-2025 et 2025-2026 et pris des positions en conséquence.
S&P, qui a abaissé la cote du Québec de AA- à A+, émet une analyse déjà faite par le marché, et il y a plusieurs autres agences.
S&P, qui a abaissé la cote du Québec de AA- à A+, émet une analyse déjà faite par le marché, et il y a plusieurs autres agences.
1/ La décote du Québec n'a pas d'effet sur les coûts d'emprunt dans l'immédiat.
Aujourd'hui, des obligations venant à échéance en 2034 ont été vendues à un prix moins élevé que la semaine dernière et des autres semaines avant.
Données compilées par Bloomberg :
Aujourd'hui, des obligations venant à échéance en 2034 ont été vendues à un prix moins élevé que la semaine dernière et des autres semaines avant.
Données compilées par Bloomberg :
April 22, 2025 at 8:26 PM
1/ La décote du Québec n'a pas d'effet sur les coûts d'emprunt dans l'immédiat.
Aujourd'hui, des obligations venant à échéance en 2034 ont été vendues à un prix moins élevé que la semaine dernière et des autres semaines avant.
Données compilées par Bloomberg :
Aujourd'hui, des obligations venant à échéance en 2034 ont été vendues à un prix moins élevé que la semaine dernière et des autres semaines avant.
Données compilées par Bloomberg :
“It’s going very well.”
- Donald Trump
- Donald Trump
April 3, 2025 at 7:55 PM
“It’s going very well.”
- Donald Trump
- Donald Trump
"We agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the US and Canada,” Trump said after talking to Carney.
CAD jumps:
CAD jumps:
March 28, 2025 at 3:18 PM
"We agree on many things, and will be meeting immediately after Canada’s upcoming Election to work on elements of Politics, Business, and all other factors, that will end up being great for both the US and Canada,” Trump said after talking to Carney.
CAD jumps:
CAD jumps:
Petit update sur Northvolt :
March 21, 2025 at 7:05 PM
Petit update sur Northvolt :
March 21, 2025 at 4:44 PM
Après Northvolt, le chantier de l'usine d'Ecopro BM de 1,2 milliards $ à Bécancour pourrait ne jamais redémarrer.
“If there are tariffs on Canadian products, there’s little difference from running a plant in Korea” and exporting directly to the US, the CEO of Ecopro Materials told Bloomberg News.
“If there are tariffs on Canadian products, there’s little difference from running a plant in Korea” and exporting directly to the US, the CEO of Ecopro Materials told Bloomberg News.
March 18, 2025 at 12:59 AM
Après Northvolt, le chantier de l'usine d'Ecopro BM de 1,2 milliards $ à Bécancour pourrait ne jamais redémarrer.
“If there are tariffs on Canadian products, there’s little difference from running a plant in Korea” and exporting directly to the US, the CEO of Ecopro Materials told Bloomberg News.
“If there are tariffs on Canadian products, there’s little difference from running a plant in Korea” and exporting directly to the US, the CEO of Ecopro Materials told Bloomberg News.
American manufacturers are already paying much higher prices for aluminum, steel and copper than rival plants overseas, in a trend that’s sapping business confidence and stoking worries about inflation even before tariffs on metals come into effect.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
March 11, 2025 at 5:07 PM
American manufacturers are already paying much higher prices for aluminum, steel and copper than rival plants overseas, in a trend that’s sapping business confidence and stoking worries about inflation even before tariffs on metals come into effect.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
What if Canadian pension funds had invested more in the economy here, instead of betting on assets all over the world? Would Canada be in a better position to deal with a trade war?
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
March 11, 2025 at 2:55 PM
What if Canadian pension funds had invested more in the economy here, instead of betting on assets all over the world? Would Canada be in a better position to deal with a trade war?
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
On Monday, Ontario will add a 25% surcharge on its power exports to the US.
“It’s far from evident how that works,” Hydro-Quebec’s CEO said last month. “If you come in at a price that is 10% or 15% higher, the market is just going to stay at whatever the spot market price is.”
“It’s far from evident how that works,” Hydro-Quebec’s CEO said last month. “If you come in at a price that is 10% or 15% higher, the market is just going to stay at whatever the spot market price is.”
March 6, 2025 at 7:53 PM
On Monday, Ontario will add a 25% surcharge on its power exports to the US.
“It’s far from evident how that works,” Hydro-Quebec’s CEO said last month. “If you come in at a price that is 10% or 15% higher, the market is just going to stay at whatever the spot market price is.”
“It’s far from evident how that works,” Hydro-Quebec’s CEO said last month. “If you come in at a price that is 10% or 15% higher, the market is just going to stay at whatever the spot market price is.”
What's going on with the US aluminum market since Trump announced the 25% tariff, starting March 12?
A US regional premium on aluminum prices is up by 75% YTD, and the metal just keeps flowing with buyers set to bear the tariffs.
w/ Joe Deaux
www.bloomberg.com/news/article...
A US regional premium on aluminum prices is up by 75% YTD, and the metal just keeps flowing with buyers set to bear the tariffs.
w/ Joe Deaux
www.bloomberg.com/news/article...
February 24, 2025 at 6:30 PM
What's going on with the US aluminum market since Trump announced the 25% tariff, starting March 12?
A US regional premium on aluminum prices is up by 75% YTD, and the metal just keeps flowing with buyers set to bear the tariffs.
w/ Joe Deaux
www.bloomberg.com/news/article...
A US regional premium on aluminum prices is up by 75% YTD, and the metal just keeps flowing with buyers set to bear the tariffs.
w/ Joe Deaux
www.bloomberg.com/news/article...
Trump’s tariffs are rattling consumer confidence in Canada, with 65% of Canadians saying they expect the economy to weaken over the next six months.
That’s the highest percentage of people with a negative economic outlook since June 2020.
www.bloomberg.com/news/article...
That’s the highest percentage of people with a negative economic outlook since June 2020.
www.bloomberg.com/news/article...
February 24, 2025 at 1:22 PM
Trump’s tariffs are rattling consumer confidence in Canada, with 65% of Canadians saying they expect the economy to weaken over the next six months.
That’s the highest percentage of people with a negative economic outlook since June 2020.
www.bloomberg.com/news/article...
That’s the highest percentage of people with a negative economic outlook since June 2020.
www.bloomberg.com/news/article...
TFI pèse 15 milliards $ à la Bourse de Toronto. Sa performance, soutenue par de nombreuses acquisitions, a été extraordinaire dans les 5 dernières années.
February 19, 2025 at 9:59 PM
TFI pèse 15 milliards $ à la Bourse de Toronto. Sa performance, soutenue par de nombreuses acquisitions, a été extraordinaire dans les 5 dernières années.
It's a first step: Canada awarded a contract for a 1,000-kilometer high-speed passenger rail project between Toronto and Quebec City to a group led by the Caisse de Depot et Placement du Quebec.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
February 19, 2025 at 3:48 PM
It's a first step: Canada awarded a contract for a 1,000-kilometer high-speed passenger rail project between Toronto and Quebec City to a group led by the Caisse de Depot et Placement du Quebec.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Retaliation mode: Quebec's Premier pitches export tariffs on aluminum.
The experience of Trump’s first attempt to use steel and aluminum tariffs in 2018 and 2019 suggests that much of the cost would be borne by US companies.
www.bloomberg.com/news/article...
The experience of Trump’s first attempt to use steel and aluminum tariffs in 2018 and 2019 suggests that much of the cost would be borne by US companies.
www.bloomberg.com/news/article...
February 12, 2025 at 4:21 PM
Retaliation mode: Quebec's Premier pitches export tariffs on aluminum.
The experience of Trump’s first attempt to use steel and aluminum tariffs in 2018 and 2019 suggests that much of the cost would be borne by US companies.
www.bloomberg.com/news/article...
The experience of Trump’s first attempt to use steel and aluminum tariffs in 2018 and 2019 suggests that much of the cost would be borne by US companies.
www.bloomberg.com/news/article...
President Donald Trump said he will announce 25% tariffs on all imports of steel and aluminum on Monday.
February 9, 2025 at 9:39 PM
President Donald Trump said he will announce 25% tariffs on all imports of steel and aluminum on Monday.