Benjamin Tal — CIBC’s Deputy Chief Economist — is seemingly everywhere. And earlier today, he was delivering an annual economic update at an online event hosted by Brattys LLP (our condo lawyers) in partnership with CIBC. Below are a handful of slides that I found… Read More
Here are some interesting figures about Venice take from this recent FT article by Chris Allnutt: Tourist visits to Venice last year were estimated to be about 1/5 of what they usually are Short-term rental bookings as of December 2020 were down about 74% year-over-year… Read More
If you’ve been following the housing market (in most cities) over the last year, this chart likely won’t surprise you. It is from a recent City Observatory article by Joe Cortright talking about the “k-shaped housing market” that we have seen emerge over the last… Read More
Here are the results from a recent survey by The Harris Poll and the Chicago Council on Global Affairs, which asked 1,200 residents from the six largest metropolitan areas in the US how they were feeling about urban and suburban life during this pandemic. (The… Read More
The New Consumer and Coefficient Capital recently teamed up to publish their inaugural consumer trends report. It is a look at what changed this year and what might actually endure as we get past all of this. Some of it is perhaps intuitive once you… Read More
The Commons Project and the World Economic Forum are piloting an initiative right now called the CommonPass framework, and a number of airlines, including Lufthansa and Swiss International Air, are expected to start rolling it out before the end of the year. What the CommonPass… Read More
Back in March and April, there was a belief that big and dense cities were going to pose a serious problem in the fight against COVID-19. The narrative was that the benefits of urban density suddenly flip to glaring negatives during a pandemic. Elevators are… Read More
One of the things that I don’t think we are doing a good job of here in Canada is promoting our COVID Alert app. Most of the people I talk to don’t seem to have it installed on their phones. And most of the people… Read More
“We learn from history that we do not learn from history.” -Georg Hegel Back in March, I was reading everything I could find about COVID-19 and about pandemics. Eventually that tapered off. But this week I decided that it was time to go back and… Read More
Seeing people out at bars and at amusements parks in this WSJ video about Wuhan, China is a little odd given that in this part of the world we are decisively in our second wave. But that is what is happening. In fact, the title… Read More
