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The Daily Chase: Quebecor wants Freedom; Scotia puts feds in inflation hot seat

The Daily Chase: Quebecor wants Freedom; Scotia puts feds in inflation hot seat

BNN Bloomberg
Monday, June 20, 2022 12:56:07 PM UTC

Pierre-Karl Péladeau, the avowed Quebec separatist, has now positioned himself as the federal government's potential ticket to a legitimate fourth national wireless carrier.

 MARKET WATCH

U.S. markets are closed today, meaning the TSX will get all of our attention after last week’s miserable performance that saw the index tumble deep into correction territory. It’s a broadly mixed picture for commodity prices this morning: while crude oil futures are steady, iron ore prices have been down almost eight per cent amid persistent concern about the outlook for China’s economy. Those moves pale in comparison to what played out in the crypto market over the weekend, as Bitcoin tumbled as low as US$17,599.73 before climbing back above US$20,000. On a percentage basis, Ethereum was hit harder. FTX CEO Sam Bankman-Fried told NPR he thinks the industry has “a responsibility to seriously consider stepping in, even if it is at a loss to ourselves, to stem contagion.”

SCOTIA STIRS THE POT ON INFLATION

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