Sign in

Erik Hertzberg

@erikhertzberg.bsky.social
236 followers 18 following 3 posts

Journalist with Bloomberg News.

PostsRepliesMedia
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 06/01/2026
President Donald Trump’s push to unlock Venezuelan crude is strengthening the political case for a proposed pipeline that would allow Canada to ship more oil to China and other Asian markets www.bloomberg.com/news/article... @brianplatt.bsky.social @erikhertzberg.bsky.social @bloomberg.com
021
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 09/12/2025
The Bank of Canada is likely to hold interest rates steady on Wednesday amid mounting evidence the country’s labor market and economy are stabilizing after the initial tariff shock, reports @erikhertzberg.bsky.social for @bloomberg.com www.bloomberg.com/news/article...
bloomberg.com
Bank of Canada Set to Hold as Growth Steadies After Tariff Shock: Decision Guide
The Bank of Canada is likely to hold interest rates steady on Wednesday amid mounting evidence the country’s labor market and economy are stabilizing after the initial tariff shock.
023
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 09/12/2025
Canada’s budget watchdog is walking back his most charged criticisms of Mark Carney’s fiscal policy, but says the government’s decision to drop its debt-to-GDP guideline is a major shift that warrants more public debate. @erikhertzberg.bsky.social @bloomberg.com www.bloomberg.com/news/article...
053
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 28/11/2025
A key measure of Canadian living standards has improved after the country’s statistical agency revised up the size of the economy in recent years www.bloomberg.com/news/article... @erikhertzberg.bsky.social @bloomberg.com
042
Erik Hertzberg @erikhertzberg.bsky.social · 25/09/2025
“We’ve over-relied on priming demand and not spent enough time on the tougher decisions of structural reform and making the investments that we need to actually grow the economy over the long term,” Bank of Canada Governor Tiff Macklem told me in Saskatoon #cdnecon www.bloomberg.com/news/article...
bloomberg.com
Macklem Backs Canada’s Fiscal Shift, Says Tough Reforms Needed
Bank of Canada Governor Tiff Macklem offered a subtle endorsement of the government’s plans to spend on infrastructure, saying policymakers in the past have not done enough to boost productivity and r...
010
Reposted by Erik Hertzberg
Thomas Seal @twseal.bsky.social · 16/09/2025
The long-anticipated fiscal plan will put a price tag on Prime Minister Mark Carney’s plans to boost the country’s expenditures on defense, housing and infrastructure. @erikhertzberg.bsky.social
bloomberg.com
Carney to Unveil Budget Nov. 4 as ‘Substantial’ Deficit Expected
Canada’s government will release its federal budget on Nov. 4, Finance Minister Francois-Philippe Champagne told Parliament on Tuesday in Ottawa.
001
Reposted by Erik Hertzberg
Brian Platt @brianplatt.bsky.social · 13/05/2025
To me, the biggest surprises today were: - Wilkinson dropped entirely from cabinet - Carlos Leitão (former Quebec finance minister) not in - Labour no longer a full cabinet job, downgraded to junior portfolio. Federal sectors have seen a ton of labour disruption recently
1265
Reposted by Erik Hertzberg
Mathieu Dion @mathieudion.bsky.social · 23/04/2025
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...
011
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 15/04/2025
The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war origin.www.bloomberg.com/news/article... @erikhertzberg.bsky.social
origin.www.bloomberg.com
Bank of Canada Likely to Pause to Assess Tariff Hit: Decision Guide
The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war.
012
Reposted by Erik Hertzberg
Laura Dhillon Kane @ldhillonkane.bsky.social · 14/04/2025
Canada’s fiscal position is set to worsen as the country’s two leading political parties vie to win an election by promising tax cuts and measures to protect industries from US President Donald Trump’s tariff barrage. www.bloomberg.com/news/article... @erikhertzberg.bsky.social
bloomberg.com
An Election Like No Other Promises to Damage Canada’s Finances
Canada’s fiscal position is set to worsen as the country’s two leading political parties vie to win an election by promising tax cuts and measures to protect industries from US President Donald Trump’...
001
Reposted by Erik Hertzberg
Thomas Seal @twseal.bsky.social · 21/03/2025
New: Canada is now on a path to crank up military spending. Where should the money go, and how does it square with its deep integration with the US? A deep dive including interviews with experts, a former forces chief and ex-defense minister:
bloomberg.com
Canada Rushes to Fund Its Neglected Military After Trump Threats
Three decades ago, Canada published a report about its future military plans. “The Cold War is over,” its first chapter began, before outlining the government’s massive budget pressures and proposing ...
194
Erik Hertzberg @erikhertzberg.bsky.social · 07/02/2025
www.bloomberg.com/news/article... Dominic LeBlanc said he believes incoming US Commerce Secretary Howard Lutnick will provide Trump with advice on the “global trade balance circumstance,” which would reveal Canada’s relatively small surplus. #cdnecon #cdnpoli
040
Reposted by Erik Hertzberg
Brian Platt @brianplatt.bsky.social · 10/01/2025
Trudeau's government is preparing a huge range of tariffs on US imports if Trump proceeds with his economy-wide 25% levy, sources say. This is not like 2018, where Canada only targeted a few strategic goods with retaliation. www.bloomberg.com/news/article...
bloomberg.com
Canada Plots Broad Tariff Retaliation If Trump Starts Trade War
Canada is drawing up plans for extensive tariffs against US products if Donald Trump follows through on his threat to put 25% levies on Canadian goods, according to people familiar with the matter.
5164
Reposted by Erik Hertzberg
Brian Platt @brianplatt.bsky.social · 12/12/2024
Export taxes on major commodities the US imports from Canada such as oil, uranium and potash are on the table as a retaliation measure if Trump imposes wide-scale tariffs, sources tell Bloomberg. It's a last resort option, but it's real. www.bloomberg.com/news/article...
bloomberg.com
Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad ta...
276
Reposted by Erik Hertzberg
Stephanie Hughes @stephaniehughes.bsky.social · 11/12/2024
"BOC Delivers Jumbo Cut But Suggests More Easing Far From Certain" via @erikhertzberg.bsky.social www.bloomberg.com/news/article...
bloomberg.com
Macklem Signals Return to Gradual Pacing With Hawkish Jumbo Cut
After quickly chopping interest rates down from the highest levels in two decades, the Bank of Canada is pivoting to a more gradual pace of adjustments — pushing back on expectations of a rush to chea...
011
Reposted by Erik Hertzberg
Brian Platt @brianplatt.bsky.social · 22/11/2024
Justin Trudeau signaled a return to his free-spending playbook as inflation wanes and an election looms, accelerating a bond selloff due to expectations of faster growth and a deeper deficit. Story by @erikhertzberg.bsky.social www.bloomberg.com/news/article...
bloomberg.com
Trudeau Reopens Spending Playbook, Shaking Up Bets for Rates, Growth
Canadian Prime Minister Justin Trudeau signaled a return to his free-spending playbook as inflation wanes and an election looms, accelerating a bond selloff due to expectations of faster growth and a ...
101
Reposted by Erik Hertzberg
Randy Thanthong-Knight @rtkwrites.bsky.social · 13/11/2024
Canadians broadly support Trudeau’s plan to drastically slash immigration targets, but the move has done little to boost his waning popularity, a new poll suggests. Just over half of the respondents said it has no impact on their impressions of the PM.
bloomberg.com
Trudeau’s Immigration Crackdown Fails to Revive His Slumping Support, Poll Says
Canadians broadly support Prime Minister Justin Trudeau’s plan to drastically slash immigration targets, but the move has done little to boost his waning popularity, a new poll suggests.
123