The Globe and Mail reports in its Tuesday, May 5, edition that an unnamed source says Bay Street veteran Katherine Tweedie has been named head of Canada at BlackRock. The Globe's Jameson Berkow writes that Mr. Tweedie is starting her new role this summer. The Globe says BlackRock Canada declined to comment, as did Ms. Tweedie. BlackRock's assets under management recently surpassed $14-trillion (U.S.). As of October, 2025, BlackRock managed more than $480-billion (Canadian) on behalf of its Canadian clients, including more than 200 pension plans. Ms. Tweedie currently works as the Toronto-based co-head of the North American institutional client group and head of Canada for Ninety One, an Anglo-South African investment manager, which as of March 31 held $226-billion (U.S.) in assets. Prior to joining Ninety One in 2012, she worked at the World Economic Forum, where she led all African-related affairs and engagement at the annual gathering in Davos. Ms. Tweedie replaces Marcia Moffat, who stepped down as head of BlackRock Canada in February, after having held that role since 2015. She joined the board of directors of insurance giant Sun Life Financial in March.