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What are we reading? May 12, 2022

Each week, BIV staff will share with you some of the interesting stories we have found from around the web. Glen Korstrom, reporter: A downdraft in the Canadian housing market has started, as higher interest rates push up mortgage rates.
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Photo: Minerva Studio, iStock, Getty Images Plus

Each week, BIV staff will share with you some of the interesting stories we have found from around the web.

Glen Korstrom, reporter:

A downdraft in the Canadian housing market has started, as higher interest rates push up mortgage rates. For the first time since 2010, five-year fixed mortgage rates are all above four per cent. – National Post

​​https://financialpost.com/executive/executive-summary/posthaste-the-way-the-housing-market-is-stalling-the-bank-of-canada-may-have-to-hit-the-brakes-sooner-than-expected

Consolidation could come to streaming platforms. One analyst is urging Disney to buy Netflix. – Barron’s 

https://www.barrons.com/articles/affirm-j-p-morgan-starts-coverage-neutral-rating-51652289029


 

Timothy Renshaw, managing editor:

Interesting data on the multibillion-dollar value of energy trading between Canada and the United States. U.S. Energy Information Administration

https://www.eia.gov/todayinenergy/detail.php?id=52338

And while we are on the subject of resources worth multibillions, consider the value of all that plastic in North American landfills. – Science Alert

https://www.sciencealert.com/all-that-plastic-that-ends-up-in-landfill-is-worth-billions-scientists-say

Ending with a bang: the loudest sound ever recorded on Earth, and it was not the Ted Nugent Band's December 1974 performance at Vancouver's Commodore Ballroom. – Discover Music

https://www.classicfm.com/discover-music/loudest-recorded-sound-krakatoa-volcano/

Mark Falkenberg, deputy managing editor:

Interesting if unsettling look at the psychology of disaster preparation – or lack thereof – in North America. – The Walrus

https://thewalrus.ca/next-major-earthquake-north-america/

Astronomers have long known there’s a supermassive black hole in the centre of the Milky Way galaxy. Now there’s a pretty clear photo of it, courtesy of the Event Horizon Telescope. – Scientific American

https://www.scientificamerican.com/article/the-first-picture-of-the-black-hole-at-the-milky-ways-heart-has-been-revealed/