Thursday morning news drop
Victoria businesses, slipping through the cracks, are pleading for federal financial aid COVID subsidies based on previous earnings leave out new and newly expanded businesses like Bear & Joey, Hey Happy, and The Vicious Poodle (Capital Daily)
Tech in the City – Victoria’s bright future The tech sector is one of Victoria’s largest employers and continues to generate jobs at levels that match pre-pandemic recruitment. VIATEC (Victoria Innovation, Advanced Technology and Entrepreneurship Council) is currently posting an average of 120 jobs, a number that hasn’t changed much in a year.“ (Douglas)
Who’s Afraid of the Big Bad Economic Boom? There’s too much whining about the super-strong recovery. You don’t get a spurt like this without a few bruises. (Bloomberg)
First-Ever Chevrolet Silverado Electric Pickup General Motors President Mark Reuss today announced Chevrolet will introduce a Silverado electric pickup truck that will be built at the company’s Factory ZERO assembly plant in Detroit and Hamtramck, Michigan. Reuss also confirmed the recently revealed GMC HUMMER EV SUV will be built at Factory ZERO. (General Motors)
Rivian Will Go Where Even Tesla Doesn’t Dare Its charging map is wild, adventurous, and way less risky than relying on third parties (Green)
Green transition could displace majority of Canada’s energy workers Three-quarters of the Canadians employed in oil and gas could lose their jobs as the country pursues aggressive climate targets, according to a new report that warns governments must develop worker transition plans now to prevent disastrous consequences. (Globe and Mail)
When Death Is Preferable to Taxes The Canada Emergency Response Benefit helped me survive COVID-19’s first wave. Then the government tried to claw back the cash (Walrus)
The Robinhood Generation Is Debating Old School Investors on Trading Stocks The wrangling over the best way to go about investing is not only playing out online, but also making its way into the family sphere. (Bloomberg)
NFTs Weren’t Supposed to End Like This When we invented non-fungible tokens, we were trying to protect artists. But tech-world opportunism has struck again (The Atlantic)
Inside the mind of Bryson DeChambeau, golf’s polarising genius The US Open champion’s first coach and the fitness expert that’s overseen his dramatic transformation speak to Tom Kershaw about a relentless work ethic and desire to conquer the sport (Independent)
Dusting off the crystal ball If there’s one thing I’ve learned in a decade of analyzing Victoria’s housing market, it’s that you can’t predict the housing market. If you’re going to try to do that, you better learn to be humble. Similar to the stock market, there’s no shortage of people that will tell you where the market is going with certainty and with many very convincing arguments, but much of that is just our left hemispheres trying to rationalize a highly random process. (House Hunt Victoria)
