The Rush to Real Estate and the Fall of MEC

Thursday morning news reads

  • What We Can Learn from the Fall of MEC The company’s failure is a warning to co-ops across the country (Walrus)

  • Business leaders split on idea of unleashing 'warrior accountants' on ESG issues Canada is lagging behind several other countries when it comes to reporting on environmental, social, and governance issues, says CPA (Financial Post)

  • Canadians piling on mortgage debt as hot housing market continues Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, StatsCan says (Financial Post)

  • What Will Happen to Your Next Home if Builders Get Their Way? A lobby is trying to block building codes that would help fight climate change. (New York Times)

  • Bitcoin cannot store energy Some people think Bitcoin can store energy. Unfortunately it doesn’t quite work like that. Bitcoin — like any financial asset — cannot store energy. But it might be able to help speed the transition to green energy in other ways. (Noahpinion)

  • How a 22-year-old L.A. native became Biden’s inauguration poet Jill Biden, a fan of Amanda Gorman’s work, convinced the inaugural committee she would be a perfect fit. And so before she even became First Lady, she accomplished more than her predecessor did during her entire 4 years in the White House. (Los Angeles Times)

rush-to-real-estate.png