Believing Canadian pension plans can lead us out of this housing affordability crisis would be a fool’s errand. The irony is that a main cause of the housing affordability crisis is that Canada’s inadequate public pension system forces people to rely on private real estate markets to fund their retirement income.
Regulations cannot be just words on paper and hopes that Risk Offices in corporations implement them. Regulating capital takes resources and those resources should be paid by capital and imposed by the state.
Just Transition is a concept of the state intervening when the private market fails at a scale that it cannot possibly respond in a reasonable time frame. That kind of thing happens all the time and it isn't just when climate policies are implemented.
The Environmental, Social, and Governance (ESG) group of risk evaluations for companies is under constant attack from all sides. The framework for investing was an attempt just before the pandemic to push a more sustainable investment program while continuing to make higher returns. A cottage industry started-up supporting ESG and then everything changed.
It has become a tradition without which I cannot close the year. Before New Year's Eve, I compile the books I've read and share highlights with friends and readers. A simple tradition that allows me to look back on the places I've travelled to and the people I've met through reading.
As price inflation stays above the previous 30 year average, concerns about general price increases continue to shift from one consumer good to another. Right now, people are focused on food prices as food is so obviously getting more expensive month to month.
Instead of insecure passwords, password managers with passwords to access them, two-factor authentication through text message or app on your phone, and easily compromised services, we can now start using a simple, user-friendly physical USB key system.