Wednesday morning news drop
Trudeau gives banks power to freeze funds without court order in bid to choke off protest funding New powers give institutions the ability to freeze corporate accounts and cancel insurance tied to trucks that are being used in the blockades (Financial Post)
Salary Transparency Is Good for Everybody Laws requiring companies to include salary ranges in job postings are good for women, young workers — and the companies themselves. (Bloomberg)
We Need Universal ESG Accounting Standards ESG accounting is a mess. Competing initiatives mean there’s no uniform set of standards for measuring a company’s progress on sustainability. The good news is that a new initiative, the International Sustainability Standards Board, promises to do for sustainability reporting what the International Accounting Standards Board (IASB) does for financial reporting — develop standards for companies to report their performance to investors. Though still fledgling, the ISSB’s ideal outcome would be if it becomes a global standard that integrates the work of all previous standards. Ideally, the SEC and EU can use its standards. Companies should give the ISSB their full support to make these standards the best they can be. (Harvard Business Review)
How Do Investors Fail? Which group of people (by age and sex) is least likely to die in the U.S. within the next year? For example, is it newborn girls? Teenage boys? Women in their thirties? Men in their fifties? Before reading on, think about this for a second and take a guess. (Of Dollars and Data)
‘Dead river flowing’: The Jordan River was once brimming with salmon, until three industries changed it forever Restoration efforts are slow going, but changes in industrial practice could help bring it back. (Capital Daily)
Resilience is Key Canada’s drug supply chain is more precarious than most of us realize (Walrus)
MLB's new proposal to MLBPA addresses 4 core economic issues Major League Baseball made a new proposal to the MLB Players Association on Saturday during a bargaining session in New York City, hoping to move negotiations for a new collective bargaining agreement in a positive direction. (MLB)
The dispersion of risk We all know that current prices are extremely high, but it’s anyone’s guess whether they are sustainable. On the one hand, average prices this year are pushing into uncharted territory on the affordability side even ahead of coming rate hikes, while on the other hand those averages are not based on a lot of sales and Victoria real estate has a record of surprising to the upside. (House Hunt Victoria)
