The Globe and Mail just published this article about Canada's real estate markets. It's behind a paywall, but if you're able to access it, you'll find 10 housing charts. The first is called "Winners and losers," and what it shows is the percentage change in CREA's home price index since February 2022 — which, in hindsight, was the top of the market. (I don't know what the end date is for this data, though.)
The first thing you'll see is that, very broadly, there's Southern Ontario and Greater Vancouver, and then the rest of Canada. Prices have fallen materially in Canada's most expensive markets, whereas in cities like Calgary, Saskatoon, and Moncton, nominal home prices are up by double-digit percentages. There isn't just one Canadian market.
The other thing I found interesting is the title "Winners and losers," because it reminded me of the great paradox of modern housing policy. And by this I mean: which cities are winning and which are losing? If you already own a home, then winning is positive price appreciation. But if you don't already own a home and you'd like to in the future, well then, falling home prices is winning — they've just become more affordable.
Not surprisingly, it's hard solving for two opposing kinds of winning.
A few weeks ago, my wife told me about an app called Yuka. What it does is scan the barcodes of food products and cosmetics and then give you a health rating out of 100. You can also drill deeper if you'd like to better understand why a particular food item is healthy — or not healthy.
Since then, a few things have happened:
I've told as many people as possible about it. (I have my parents scanning at the grocery store.)
Grocery shopping takes a lot longer. (I have a colleague who has been mistaken for a store employee while using the app.)
We've made meaningful changes to the food we buy.
And it's not like we weren't trying to shop healthy before.
It works a lot like France's Nutri-Score, except you have to do a bit more work. As soon as I see a low score, I no longer want the product and I move on to an alternative or I eschew it altogether. I can only imagine the positive impact that an app like this will have on our health and on the broader food landscape as our individual decisions compound over time.
It also feels like a perfect use case for augmented reality and spatial computing. Right now, I have to juggle my phone in one hand and a basket in the other. But imagine a world where I can just pick up a package of Reese's Peanut Butter Cups and my glasses will automatically tell me they're a 0/100. That world is coming.
If you care about the food you put into your body, I would highly recommend downloading Yuka on your phone. Ignorance is bliss until you're no longer ignorant.

Data centers require electricity.
And as we have talked about before, total electricity consumption by US data centers is forecasted to reach somewhere between 6.7 - 12% of total consumption by 2028 (figure from the US Department of Energy). Last year, Goldman Sachs also estimated that data center power demand would grow 160% by 2030.
I kind of wonder if these numbers might be understated — given our current AI bubble — but whatever the case may be, we're going to need a lot more electricity going forward. There's no such thing as a wealthy, low-energy nation.
Given all of this, I'm struggling to understand why the US would move to cancel what would have been the largest solar project in North America. Esmeralda 7, which was to be located on 62,300 acres of federal land to the north-west of Las Vegas, was expected to be a 6.2 gigawatt project — enough to power nearly 2 million homes.
Instead, the Department of the Interior seems to be determined to accelerate fossil fuel projects, and help China maintain its clear dominance in renewables. I guess that makes sense in some world if you think renewal energy projects are a "
The Globe and Mail just published this article about Canada's real estate markets. It's behind a paywall, but if you're able to access it, you'll find 10 housing charts. The first is called "Winners and losers," and what it shows is the percentage change in CREA's home price index since February 2022 — which, in hindsight, was the top of the market. (I don't know what the end date is for this data, though.)
The first thing you'll see is that, very broadly, there's Southern Ontario and Greater Vancouver, and then the rest of Canada. Prices have fallen materially in Canada's most expensive markets, whereas in cities like Calgary, Saskatoon, and Moncton, nominal home prices are up by double-digit percentages. There isn't just one Canadian market.
The other thing I found interesting is the title "Winners and losers," because it reminded me of the great paradox of modern housing policy. And by this I mean: which cities are winning and which are losing? If you already own a home, then winning is positive price appreciation. But if you don't already own a home and you'd like to in the future, well then, falling home prices is winning — they've just become more affordable.
Not surprisingly, it's hard solving for two opposing kinds of winning.
A few weeks ago, my wife told me about an app called Yuka. What it does is scan the barcodes of food products and cosmetics and then give you a health rating out of 100. You can also drill deeper if you'd like to better understand why a particular food item is healthy — or not healthy.
Since then, a few things have happened:
I've told as many people as possible about it. (I have my parents scanning at the grocery store.)
Grocery shopping takes a lot longer. (I have a colleague who has been mistaken for a store employee while using the app.)
We've made meaningful changes to the food we buy.
And it's not like we weren't trying to shop healthy before.
It works a lot like France's Nutri-Score, except you have to do a bit more work. As soon as I see a low score, I no longer want the product and I move on to an alternative or I eschew it altogether. I can only imagine the positive impact that an app like this will have on our health and on the broader food landscape as our individual decisions compound over time.
It also feels like a perfect use case for augmented reality and spatial computing. Right now, I have to juggle my phone in one hand and a basket in the other. But imagine a world where I can just pick up a package of Reese's Peanut Butter Cups and my glasses will automatically tell me they're a 0/100. That world is coming.
If you care about the food you put into your body, I would highly recommend downloading Yuka on your phone. Ignorance is bliss until you're no longer ignorant.

Data centers require electricity.
And as we have talked about before, total electricity consumption by US data centers is forecasted to reach somewhere between 6.7 - 12% of total consumption by 2028 (figure from the US Department of Energy). Last year, Goldman Sachs also estimated that data center power demand would grow 160% by 2030.
I kind of wonder if these numbers might be understated — given our current AI bubble — but whatever the case may be, we're going to need a lot more electricity going forward. There's no such thing as a wealthy, low-energy nation.
Given all of this, I'm struggling to understand why the US would move to cancel what would have been the largest solar project in North America. Esmeralda 7, which was to be located on 62,300 acres of federal land to the north-west of Las Vegas, was expected to be a 6.2 gigawatt project — enough to power nearly 2 million homes.
Instead, the Department of the Interior seems to be determined to accelerate fossil fuel projects, and help China maintain its clear dominance in renewables. I guess that makes sense in some world if you think renewal energy projects are a "
Cover photo by American Public Power Association on Unsplash
Cover photo by American Public Power Association on Unsplash
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