In 2023, there were 379,000 babies born in Italy. This is down from 393,000 babies in the prior year and represents a new record low. Already in 2022, the number of births was noted as being the fewest since Italy’s unification in 1861. The result… Read More
The $418 million commissions lawsuit that was settled last week with the National Association of Realtors (NAR) is certainly a big deal. The NAR is trying to sound positive, but all signs point to this outcome being meaningful for the industry. TD Cowen Insights is… Read More
I admire Warren Buffet’s humility: In the physical world, great buildings are linked to their architect while those who had poured the concrete or installed the windows are soon forgotten. Berkshire has become a great company. Though I have long been in charge of the… Read More
I sometimes wonder if I wasn’t born and raised in Toronto if I still would have gone to architecture school and become a real estate developer. I mean, if I grew up in Paris, maybe I would have become a fashion designer. Or if I… Read More
I was speaking with our lawyer in Park City this week, and he commented to me that he wouldn’t be going into the office next week because Old Town would be too hectic with the Sundance Film Festival going on. His office is right on… Read More
Yesterday we looked in the rear-view mirror. Today we’re looking forward: And there you have it. My current thoughts for this upcoming year. I should note that I’m not an economist, analyst, or an expert on souvlaki demand for that matter. But I enjoy writing… Read More
If you’re looking for a rough overview of how US business income taxation works — and who isn’t really — this is an interesting article by Matt Levine. He has a knack for making this stuff a lot more interesting. The real purpose of the… Read More
Last week was “forum week” in Toronto. (That is, it was the Toronto Real Estate Forum.) And as is the case every year, Benjamin Tal, deputy chief economist of CIBC, opened up the event with his usual macro view of the world. For those of… Read More
I’m a big fan of Anthony Bourdain and I have seen a lot of his shows. However, up until last night, I was under the impression that he had never done an episode about Toronto. Turns out I was wrong. Yesterday I discovered that, back… Read More
Canada has a lot going for it: By land mass it is the second-largest country in the world, with the longest coastline. Bookended by the vast Pacific and Atlantic oceans it has enormous trading advantages, alongside access to the largely untapped Arctic to its north.… Read More
BRANDON DONNELLY 