Friday morning news drop and videos of the week
Canada faces skilled labour crunch when 700,000 tradespeople retire this decade, warns RBC Workforce will see a 10,000-worker deficit in 56 nationally recognized so-called Red Seal trades over next five years (RBC)
America’s Inflation Story Is Entering a New Phase Idiosyncratic price spikes due to reopening and troubles in the motor vehicle supply chain are fading or reversing. But keep an eye on housing, health care, and restaurants. (The Overshoot)
Future Returns: Navigating the Municipal Bond Market The benefits of owning the highest quality of these tax-free securities relative to Treasuries or investment-grade corporate bonds have diminished as the rush to munis has pushed prices higher, and yields lower. But high prices, and low yields, haven’t quashed investor interest in munis. (Penta)
Fossil fuel subsidies are one of Canada’s biggest climate conundrums: where do the parties stand? In 2009, when Canada and other G20 nations first pledged to tackle fossil fuel subsidies, a collective promise was made to do away with ‘inefficient’ subsidies. But the term inefficient has never been defined, giving governments and political parties during this election a significant amount of wiggle room (Narwhal)
Most fossil-fuel reserves must remain untapped to hit 1.5 °C warming goal Modelling suggests that many planned coal, oil and gas extraction projects will not be viable if the world hopes to achieve climate targets. (Nature)
The housing theory of everything Western housing shortages do not just prevent many from ever affording their own home. They also drive inequality, climate change, low productivity growth, obesity, and even falling fertility rates. (Works in Progress)
Green Party Housing Platform The Green Party’s pitch about re-focusing CMHC’s core mandate is bold, and their platform focuses a lot on homelessness. However, most of the Green Party’s commitments lack nuance, and many encroach on provincial/territorial jurisdiction. I get the impression party officials have spoken extensively to grassroots activists, and less so to experienced practitioners. (Nick Falvo)
It’s getting harder for people to believe that Facebook is a net good for society A new series of reports from the Wall Street Journal, “The Facebook files,” provides damning evidence that Facebook has studied and long known that its products cause measurable, real-world harm — including on teenagers’ mental health — and then stifled that research while denying and downplaying that harm to the public. Perhaps the latest Facebook scandal might stick. (Recode)
What’s Behind the Wave of Immersive Van Gogh Exhibits There are nearly 40 Impressionist-ish installations across the U.S., thanks to “Emily in Paris.” Do the exhibitions live up to the hype? (Bloomberg)
An interview with Mary-Kate and Ashley Olsen The sisters, who by then needed no introduction as childhood stars turned tween idols, started The Row at just 18 years old. Their backgrounds were unexpected training grounds for a career in fashion. Not that they would ever talk about that time in too much detail. (i-D)
Videos of the Week
John John in Europe -- LE VIEUX MONDE EN ROUGE
If I was goofy -- JJF surfing the other way
Alex Volokhov - Svoboda: Svoboda is a Slavic word tied to an expression of freedom. Mountain bike athlete Alex Volokhov conveys that sense of creativity through his own riding and trail-building, with values further ingrained into him from the considerable time he spent with the late Jordie Lunn. The cumulative months spent completely alone in the pouring rain hauling dirt or digging through difficult roots are completely justified in the pursuit of creation, and giving life to an idea built from the ground up. Director: Liam Mullany.
RESURGENCE | Anthony Messere Building upon a decade of competing at the highest level of freeride and slopestyle competitions around the world, Anthony Messere’s riding career is undergoing a resurgence; still boosting to the moon off a left hip, but to a new level of enjoyment and creativity aboard Polygon Bikes.
GABRIEL CHAVEZ AT DIRT WORLD
Best BMX Riding from the Battle of Hastings2021
FELIX PRANGENBERG // WORLD OF UNCERTAINTY - ÉCLAT BMX
Emerica's "THIS" Video Figgy and Collin go back to back, getting buck on bumps and big sets while Dixon and the team jump in to make it a family affair. Don’t blow it—you gotta see THIS.
Shintaro Hongo "WKND" Part Any wall, anywhere, Shintaro puts four down on every surface in his path, while Nikolai, Tanner and Uncle B pop in to add to the hype.
Homegroan by Nate Galligani From the bricks of EMB to the Oakland Courthouse, The Bay’s hallowed grounds provide the perfect backdrop for Drake Johnson, Jonathan Perez, Nico Hiraga, Tory Hereford and friends to get down.
Benny Milam's Summer Dream | ENCHANTED FOREST At Trollhaugen Resort in Dresser, Wisconsin, snowboarders like Benny Milam have developed an innate ability to sniff out features and lines in unexpected places, and make the most of the little things while dreaming big.