As the Financial Post’s preeminent business commentator, Terence Corcoran dissects economic policy, corporate governance, and energy markets through a free-market lens. With over 40 years of reporting experience, his work informs debates from Parliament Hill to Bay Street.
Corcoran’s journey began in Montreal, where he cut his teeth at The Gazette before ascending to editorial roles at the Financial Times of Canada and The Globe and Mail. His 1998 move to Conrad Black’s National Post solidified his reputation as a leading voice in Canadian business journalism. Over the years, he’s evolved from reporting on corporate scandals to dissecting macroeconomic trends, always maintaining a focus on market-driven solutions.
In this April 2025 analysis, Corcoran deconstructs former Bank of Canada governor Mark Carney’s vision for a climate-focused economic transformation. Through meticulous examination of carbon credit markets and Liberal policy proposals, the article reveals fundamental flaws in what Corcoran terms “superpower rhetoric.” His critique hinges on three pillars: the failure of voluntary carbon markets, the disconnect between political promises and market realities, and the risks of tying industrial policy to unproven technologies. By contrasting Carney’s utopian projections with historical emission data, Corcoran provides a sobering counterpoint to mainstream climate narratives.
This January 2025 commentary offers a prescient analysis of Mark Carney’s political ascension, drawing parallels with Justin Trudeau’s leadership style. Corcoran traces Carney’s ideological evolution from central banker to climate evangelist, highlighting concerning overlaps between corporate ESG mandates and government policy. The piece stands out for its early recognition of Carney’s “net zero revolution” as both an economic and cultural project, foreshadowing debates that would dominate the 2025 election cycle. Through exclusive interviews with energy sector executives, Corcoran exposes the practical challenges of implementing stakeholder capitalism at scale.
Published just days before this analysis, Corcoran’s latest work dissects the fallout from General Motors’ CAMI plant closure. Using this case study, he builds a compelling argument against government-led industrial strategies, complete with subsidy timelines and EV market data. The article’s strength lies in its granular examination of how $500 million in public funds failed to prevent market-driven layoffs, serving as a cautionary tale for current policy proposals. Corcoran supplements macroeconomic analysis with on-the-ground reporting from Ingersoll, Ontario, giving voice to displaced workers and skeptical economists alike.
Corcoran consistently engages with proposals that balance environmental goals with economic pragmatism. Successful pitches should focus on innovations reducing emissions without heavy subsidies—think carbon capture advancements with proven ROI metrics. His skepticism of top-down mandates makes him particularly receptive to case studies demonstrating private sector leadership.
With 14 trade-focused columns in 2025 alone, Corcoran prioritizes cross-border economic relationships. Pitches should highlight underreported impacts of tariffs or novel approaches to maintaining competitiveness. Recent interest in USMCA renegotiations suggests opportunities for exclusives with manufacturing executives.
Corcoran’s critiques of ESG frameworks create openings for nuanced discussions about shareholder value. Pitch investigative pieces on boardroom decision-making, particularly where stakeholder interests clash with financial realities. Data-driven analyses of CEO compensation tied to sustainability metrics could resonate strongly.
While supportive of traditional energy sectors, Corcoran welcomes evidence-based discussions about renewable integration. Focus on grid reliability studies or critical mineral supply chain challenges rather than ideological arguments. His recent coverage of hydrogen infrastructure gaps suggests particular interest in transitional technologies.
Leverage Corcoran’s appreciation for historical context by drawing parallels between current initiatives and past economic interventions. Pitches might examine how 1970s wage-price controls inform modern industrial strategies, providing fresh perspectives on recurring policy challenges.
“The voluntary carbon market idea is part of Carney’s unfinished carbon pricing strategy—a regulatory and financial dog’s breakfast.”
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