Thursday morning news drop
CPABC: Greater Victoria housing starts and major project inventory slowdown in 2020 According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, the number of housing units that began construction across Greater Victoria declined by 12.4 per cent in 2020 compared to the number started in 2019. (Financial Post)
It’s never been cheaper for governments to borrow. What could possibly go wrong? The recent report of the Commons finance committee contains 145 separate recommendations for this spring’s federal budget. They urge the government to spend more on everything from long-term care to universal pharmacare to a national early learning and child-care system and beyond: on young and old, on education and housing, on cities, on airports, on and on and on. (Globe and Mail)
Canadian power companies face climate change reckoning after Texas's free-wheeling electricity grid freezes At least three Canadian utilities saw predictable cash flows in loosely regulated market, but failed to foresee climate risk (Financial Post)
This Book Is Not About Baseball. But Baseball Teams Swear by It. A psychology book by a Nobel Prize-winning author has become a must-read in front offices. It is changing the sport, bringing us full circle from Moneyball. (New York Times)
The Power and the Silence: What Goes on Behind the Boss’s Back Power, true power, is a wonder to behold. It is also, for the powerless, unnerving, chiefly because it calls for self-suppression in quantities equal to power’s immense self-confidence. Survival, I learned then, is not our strongest drive, whatever the evolutionists may say. Our strongest drive is to please the people over us, especially those who have no one over them. (Unbound)
I know what I’ve been put on earth to do Downtown Josh Brown is not only a first-rate CEO, he is a deeply insightful person whose judgment and insights that people rely on everyday. He spent his 20’s broke, miserable and stuck in a dead-end job. He knew he wasn’t meant to be living and working the way he was and there was a massive chip on his shoulder as he turned things around in his 30’s. (Reformed Broker - Downtown Josh Brown)
The 25 Greatest Art Heists of All Time Although technology has gotten more sophisticated and the means by which heists are committed have changed, burglaries of the world’s greatest artworks continue to be executed often, effectively adding new and bizarre chapters to the annals of art history in the process. (Arts News)
