Bay Street Edition

BCE's Bibic Tries for a Reset by Finally Ending Dividend Drama

Also: A billion-dollar office-tower deal  

Mirko Bibic, chief executive officer of BCE Inc., says the company is “looking forward” after finally cutting its dividend payout.

Photographer: Graham Hughes/Bloomberg

Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.

I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about Bell’s move to slash its dividend payment, the outlook for mortgages and Wall Street bonuses. Plus: what the heck is a Labubu?