In the 1920’s Vancouver residents were adamant that building a bridge across the Burrard Inlet would negatively impact Stanley Park. It was a topic that garnered much attention and was widely covered by the press. Vancouverites were even asked to vote on the building of a bridge in a plebiscite vote in 1927. Vancouverites defeated…
Vancouver’s Stanley Park
Stanley Park, created in 1887, is an iconic Vancouver landmark and is one of Canada’s largest urban parks. Circling its outer edges is an 8.8 km long seawall that is surrounded by Coal Harbour, the Burrard Inlet and English Bay. The seawall’s construction began in 1914 and took more than 50 years to complete. Stanely…
Vancouver Ports & Old Trucks
Rolling Truck Age Program Given that 2021 was an exceptionally tough year for the province, the Vancouver Fraser Port Authority announced it will not enact its Rolling Truck Age Program — an initiative that would prohibit older, more polluting diesel trucks from entering its facilities. Designed in 2015 The Port Authority’s Rolling Truck Age Program,…
China’s Declining Population
Statistics show that in 2021 China’s birthrate was only slightly higher than its death rate. China’s declining birthrate is occurring amidst a backdrop of everchanging government policy. In 2015 China announced it was raising the number of children that married couples could have from one to two. More recently the Chinese government has increased this…
What is a Market Cap?
Market Cap Commonly referred to as “market caps” market capitalization is a term used to refer to the total value of a company’s shares of stock. A company’s “market cap” is achieved by multiplying the price of a stock by the number of its outstanding shares. Hence, if a company had 20 million shares that…
The Pick Up Truck Generation
Throughout the last decade, demographers have predicted that Millennials would become the generation that was not interested in owning or driving vehicles. This rationale was based on the rise of car share programs, increased interest in developing public transit, and the explosion of e-bikes. These consumer trends were considered to be the hallmarks of Millennial…
Serverless Computing
According to technology trend spotters, serverless computing will become the next big thing in 2022. Experts believe that the growth of serverless computing will be linked to its ability to allow developers to build applications faster and more cost-efficiently by eliminating the need for these same workers to manage infrastructure. What is Serverless Computing? Serverless…
What is Short Selling?
According to Investopedia (www.investopedia.com) short selling is an investment strategy that is speculative in nature. Inasmuch as a stock or security price might drop in value, experienced traders sometimes use a “short” position to speculate that the stock or security will drop in value. Experienced investors understand that short selling is highly speculative and carries…
China’s Brewing Debt Crisis
China’s Local Government Financing Vehicles (LGFV) Estimates from Goldman Sachs (www.goldmansachs.com) show that outstanding levels of debt are piling up for China’s local government financing vehicles (LGFV). This is significant as it is estimated that China’s LGFVs reportedly account for 54% of China’s GDP. Leverage Overload Beginning in 2013 China began using a system of…