June 25, 2021 | Housing Bubble in Canada One of the Biggest
Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash
Canada has one of the largest housing bubbles in the world, according to Bloomberg Economics. The top 3 countries at risk are New Zealand, Canada and Sweden.
The warnings signs are as intense as they were in the run-up to the global financial crisis in 2008, according to Bloomberg.
Could Canada’s housing bubble trigger another financial crisis?
Until now, Bloomberg news has been consistently positive on the Canadian real estate market. So this report could signal a shift in attitude there.
Questrade named Canada s Best Online Broker 2021 by globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
New Investors: Start Investing With as Little as $1! fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
June 4, 2021 | Activist David Threatens Exxon Mobil Goliath
Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash
Exxon Mobil suffered a setback at its annual shareholder meeting in voting for members of the board of directors. Exxon lost the vote on three members, giving an activist investment fund a quarter of the seats on the twelve-member board. This new firm, called Engine No. 1, says that it is “pursuing long-term value by harnessing the power of capitalism.”
Will this new David be able to slay Goliath?
Exxon Mobil has come under attack for its corporate governance as well as its non-action on climate change. Until now Exxon has managed to fend off its nay-sayers and continued to pursue a “business as usual” approach even as the oil and gas industry is facing enormous challenges.