Search

Elsewhere (as shown in Chapter 4), Malraux delivered speeches about Culture and the Arts, privileging themes such as destiny and praising the renewed friendship between France and Canada. Malraux visited Quebec during the era of Georges-Émile Lapalme, who (beginning in 1961) was the first Minister of Culture for the province of Quebec, and counterpart to Malraux in that position (there was no minister of culture as such within the Canadian federal government, only in the ten provinces). Propos et discours: edited by Claude Corbo, Montréal, VLB éditeur, Études québécoises series, 2022, 171 pp., CAN $26.95 (paper) ISBN: 978-2-8964-9868-0. [Extracted from the article]

Since the 2008 financial crisis, federal and provincial governments in Canada has consistently monitored its housing market. However, real estate markets in Canada seem to have significant regional imbalances with moderate evidence of overheating and price exuberance and strong evidence of over-evaluation for several quarters. In this perspective, this paper seeks to test the existence of real estate bubbles in Canada and their contagion. Our methodology, based on monthly data, relies on two steps: First, we build on a GSADF test developed by Phillips, Shi, and Yu (2015) to detect bubbles. Second, using a method developed by Greenaway-McGrevy and Phillips (2016), a non-parametric regression with time-varying coefficient, we verify if, in case of bubbles, there is a contagion among Canadian cities. Our results suggest that there are bubbles in the real estate markets of Toronto and Vancouver, while this is not the case for Montreal. [ABSTRACT FROM AUTHOR]

Up until now, values associated with heritage are generally similar: places are usually deemed worthy of preservation for their historical associations to important people or events, their aesthetic/architectural qualities, and their physical relation to their surrounding context. But, in the future, can these remain the only reasons for preserving a place? In the interests of pursuing the natural alliance between sustainable development and heritage conservation, the question begs to be asked in the particular context of heritage evaluations. Beyond its traditional cultural meanings, can the definition of heritage continue to broaden to encompass sustainability's criteria? This article proposes to examine how the paradigm of sustainable development can be incorporated in the current heritage evaluation methods used in Canada's federal and municipal levels of government. The Port of Montreal's grain elevator no. 5 (Silo No. 5), built between 1906 and 1958 and currently awaiting a new use, will be examined. By virtue of its size, situation, and volume, Silo No. 5 can provoke an interesting discussion about the possibilities of integrating social, economic, and environmental issues in heritage conservation processes. [ABSTRACT FROM AUTHOR]