It was a localized version of the U.S. financial news channel Bloomberg Television, but featured opt-outs for additional programs covering Canadian business news. The channel launched on November 17, 2015, replacing the American version that was readily available in Canada. The channel shut down on October 5, 2017, subsequently being replaced by the American version on the same day.
On February 26, 2015, Channel Zero announced it had reached an agreement with Bloomberg L.P. to launch a localized Canadian business news channel as an offshoot of its original American Bloomberg Television channel which was currently being distributed in Canada for several years at the time. It was later announced that the channel was expected to launch on November 16, 2015 with its studios located in downtown Toronto in the city's financial district.
The channel launched one day later than expected on November 17, 2015. At the time of launch, the American service was withheld from being distributed by Canadian television service providers at the request of its owners, although it remained a legally authorized channel for distribution in Canada by the Canadian Radio-television and Telecommunications Commission (CRTC).
Programming on the service largely mirrored the American channel's schedule, with the addition of its Canadian series, Bloomberg North and The Daily Brief, which was later cancelled and replaced with Bloomberg Markets: Canada in January 2017, and paid programming.
Originally launched as an exempt discretionary service that did not require a CRTC-granted television licence as it did not at launch have the required 200,000 subscribers, the channel was granted a CRTC licence on August 17, 2017 after reaching that subscriber level in 2016.
On the same day Channel Zero was granted its licence for Bloomberg TV Canada by the CRTC, Channel Zero announced in a statement that it would be cancelling all Canadian original productions for the channel and laying off 22 members of its staff relating to those productions, leading to speculation of how Channel Zero would maintain its required Canadian content quotas with no original Canadian productions. The statement referred to September 1, 2017 as the date the channel will be "changing the focus" of its programming, however, still maintaining that the channel will focus on business news and information, with reporting from Bloomberg studios in Canada and around the world, suggesting the channel will remain in operation. However, on October 5, 2017, the channel was discontinued and replaced with the American Bloomberg Television service, the channel Bloomberg TV Canada replaced at its launch in 2015.
On October 13, 2015, CBC announced Amanda Lang was leaving for Bloomberg TV Canada. The network has also hired former BNN journalists Pamela Ritchie as anchor of The Daily Brief and Michael Bancroft as executive producer of the channel.
After Bloomberg TV Canada launched, fellow CBC reporter/anchor Danielle Bochove followed her former colleague across town to join Bloomberg TV Canada primarily on a part-time basis, serving as substitute anchor for Bloomberg North and, occasionally, The Daily Brief, in addition to occasional reporting duties covering Canadian financial markets alongside her colleagues.
In February 2016, Channel Zero shuffled around its Bloomberg North anchor team, reducing Amanda Lang to Tuesdays & Wednesdays and luring away her fellow CBC and BNN colleague Rudyard Griffiths as anchor of the Monday program along with another former Lang colleague, Pat Kiernan, who returned to Canada to join Bloomberg TV Canada and who previously worked for CNNfn anchoring The Money Gang with Lang, Christine Romans and Ali Velshi between 2000-2004, anchoring on Thursdays. Griffiths, Lang and Kiernan rotate on Fridays anchoring an "encore"-type show recaping the week's business news stories and interviews.
In March 2016, Global National business and consumer affairs reporter Jamie Sturgeon left to join Bloomberg TV Canada as a general assignment reporter covering Canadian financial markets. Shortly thereafter, former National Post newspaper reporter Eric Lam for their Financial Post business and markets section joined Bloomberg TV Canada as another general assignment reporter covering Canadian financial markets.
As of May 2016, former TechTV Call For Help co-host and BNN App Central co-host Amber MacArthur has been seen occasionally filling in as a substitute co-anchor of Bloomberg North alongside WIND Mobile co-founder Anthony Lacavera, including the program on August 16, 2016.