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Cost of Living

CBC Radio

6
Followers
61
Plays
Cost of Living

Cost of Living

CBC Radio

6
Followers
61
Plays
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About Us

The Cost of Living ♥s money — how it makes (or breaks) us. We untangle the economic forces at play and transform our understanding of how money shapes our lives. Discover how everyday decisions connect with the larger economy in ways big, small, good, bad, obvious and unseen on The Cost of Living.

Latest Episodes

The realities of where business is done in today's world - from international customs to the retail space here at home

When corporations do business abroad, they have to adjust what they do and how they do it for their international partners. But today, our connected world is watching like never before. As Disney faces #BoycottMulan pushback, we take a closer look at how companies are operating far from home and why it matters We also take a page from Oscar the Grouch's book and find out what our trash is telling us about the COVID-19 economy in Canadian cities. And while the death of retail has been foretold, multiple times, what does it mean for our shopping spaces? Put on your jelly bracelets and your cool graffiti coat as we head to the mall.

27 min1 d ago
Comments
The realities of where business is done in today's world - from international customs to the retail space here at home

The future of the fur trade: what Canada's oldest industry is going through and what comes next

We head to North Bay, Ontario, for the only wild fur auction happening in North America this year despite a global pandemic. What is happening to the fur trade, a business that predates this country itself, amid not just the coronavirus but changing cultures and consumer demands internationally? As well, with the fall comes lots of changes. Kids are going back to school, businesses are reopening and government programs around the COVID-19 economic fallout are wrapping up or changing. We take the pulse of where the economy is at, and where it might go.

27 min1 w ago
Comments
The future of the fur trade: what Canada's oldest industry is going through and what comes next

The Cost of Living answers your questions about the cost of stuff — like payday loans, baby formula, glasses and ... modern monetary theory?

This week the team takes on questions from our listeners, who wanted business mysteries solved like - why has the price of baby formula changed so much over the years? Why are eyeglasses so expensive, anyway? Why are payday loan interest rates allowed to be so high? And just what is modern monetary theory — or MMT — anyway?

27 min1 w ago
Comments
The Cost of Living answers your questions about the cost of stuff — like payday loans, baby formula, glasses and ... modern monetary theory?

'Yes, they still use books!' — the familiar but different reality of back-to-school shopping in a pandemic

The return to the classroom for many, if not all, Canadian students means their parents are also heading back-to-school shopping. So what does that mean for kids, parents … and the retailers adjusting to new purchasing patterns as COVID-19 continues to adjust expectations and behaviours. And because your call is important to us, we take a closer look at just what has changed about hold music as call volumes skyrocket since, well, many of us have way more time at home to hold on for one more day.

26 min2 w ago
Comments
'Yes, they still use books!' — the familiar but different reality of back-to-school shopping in a pandemic

All that glitters is gold, they say — but is it real glitter or the perceived imaginary value of said glitter?

Gold prices have recently hit an all-time high. To some, this is sweet validation. To others, it's baffling why anyone would still care about gold. Is the traditional safe haven in times of uncertainty really a meaningful investment? Or as detractors say, are you just putting your money into something that, well, doesn't really do anything... We also look at why those bare shelves at your local sporting goods store might not be due to business woes, but the exact opposite. It's the summer of staycations, and that's leading to retail shortages when it comes to outdoor gear in Canada. And does it ever feel like someone is getting a better deal on their cell phone plan than you? We revisit a story from last October where we discovered the answer is yes — if they live in Saskatchewan or Quebec.

27 min3 w ago
Comments
All that glitters is gold, they say — but is it real glitter or the perceived imaginary value of said glitter?

What Canadians, their economy and their businesses can expect from new finance minister Chrystia Freeland

Canada has a new finance minister, and while Chrystia Freeland has been at the cabinet table in senior roles for years now, she's the first woman to hold many of the proverbial purse strings attached to the federal government. What can Canadians expect Minister Freeland do differently for our economy than her predecessor? Plus - with a new minister comes a new crop of lobbyists knocking on her office door. We explore just who is going to be lobbying Freeland, for what, and why? And in a flashback to pre-COVID times, we peek under the floating SCOBY to find out how kombucha went from a Japanese seaweed tea to a fermented staple on grocery and convenience store shelves.

27 minAUG 20
Comments
What Canadians, their economy and their businesses can expect from new finance minister Chrystia Freeland

We smelt it, Trump dealt it — aluminum and tariffs, that is. We explain how international trade affects prices from tinfoil to cooking oil

Whether you are growing canola on the prairies or canning craft beer in Vancouver - international trade spats have been a thorn in the side of Canadian businesses and consumer for the past two years. But as another fight with our American neighbours looms over aluminum tariffs, we explain what's happening. Plus canola prices are spiking to the highest level in years, but we head to a prairie farm to explain why that doesn't mean farmers raising one of Canada's most important crops will be taking home any more money from the market spike right now. And we look back at the economics of vaccine development, in a replay of a story that originally aired in late March 2020. Just how much does creating a vaccine cost? Here's a big hint - there are a lot of zeros at the end of that dollar figure.

27 minAUG 13
Comments
We smelt it, Trump dealt it — aluminum and tariffs, that is. We explain how international trade affects prices from tinfoil to cooking oil

Is the reboot of our economy on an upward trajectory or is it game over (user wins)? Plus what happens when Donald Trump and China are Microsoft's window into TikTok?

Canada's economy is trudging back from the depths of the coronavirus lockdown. But the road isn't exactly smooth. We look at the state of our economic recovery, and whether it's all clear or more worthy of a "yikes!" And Donald Trump has been threatening to ban the social media video platform TikTok unless it finds a U.S.-based buyer before Sept. 15. Microsoft may be waiting in the wings, but it could be harder to make happen than getting a millennial to learn the "Savage" dance. We also take a look back at one of our stories from the past year and explain why accents — and the diverse actors who have them — are behind the booming business of the human voice.

27 minAUG 7
Comments
Is the reboot of our economy on an upward trajectory or is it game over (user wins)? Plus what happens when Donald Trump and China are Microsoft's window into TikTok?

How Trump's H-1B policy is benefiting the Canadian economy, plus a closer look at 'pandemic pay'

This week on The Cost of Living, host Paul Haavardsrud asks: Is Canada "Plan B" for the world's best and brightest? As the Trump administration continues to close U.S. borders, wefind outif a loss for the U.S. can be Canada's gain. Also on the program, producer Richard Raycraft takes a closer look at what it means to get so-called 'pandemic pay.' Finally, we replay producer Tracy Fuller's piece from December 2019 on the economics of babysitting.

27 minJUL 30
Comments
How Trump's H-1B policy is benefiting the Canadian economy, plus a closer look at 'pandemic pay'

The price of delaying the Olympic dream, the cost of wildfires and why we're hoarding cash

We explore the cost of delayed Olympic dreams, as we hit the time that Tokyo 2020 would have been getting started… before it changed to Tokyo 2021. How does postponing the Games affect the finances of Canadian athletes? Plus despite many businesses refusing to accept cash in the first two months of the pandemic, Canadians seemed to really want to keep their hands on those plastic carriers of currency. Finally, we explore the costs associated with wildfires in multiple parts of this country, and how they're affecting businesses, whole industries and our insurance premiums.

28 minJUL 24
Comments
The price of delaying the Olympic dream, the cost of wildfires and why we're hoarding cash

Latest Episodes

The realities of where business is done in today's world - from international customs to the retail space here at home

When corporations do business abroad, they have to adjust what they do and how they do it for their international partners. But today, our connected world is watching like never before. As Disney faces #BoycottMulan pushback, we take a closer look at how companies are operating far from home and why it matters We also take a page from Oscar the Grouch's book and find out what our trash is telling us about the COVID-19 economy in Canadian cities. And while the death of retail has been foretold, multiple times, what does it mean for our shopping spaces? Put on your jelly bracelets and your cool graffiti coat as we head to the mall.

27 min1 d ago
Comments
The realities of where business is done in today's world - from international customs to the retail space here at home

The future of the fur trade: what Canada's oldest industry is going through and what comes next

We head to North Bay, Ontario, for the only wild fur auction happening in North America this year despite a global pandemic. What is happening to the fur trade, a business that predates this country itself, amid not just the coronavirus but changing cultures and consumer demands internationally? As well, with the fall comes lots of changes. Kids are going back to school, businesses are reopening and government programs around the COVID-19 economic fallout are wrapping up or changing. We take the pulse of where the economy is at, and where it might go.

27 min1 w ago
Comments
The future of the fur trade: what Canada's oldest industry is going through and what comes next

The Cost of Living answers your questions about the cost of stuff — like payday loans, baby formula, glasses and ... modern monetary theory?

This week the team takes on questions from our listeners, who wanted business mysteries solved like - why has the price of baby formula changed so much over the years? Why are eyeglasses so expensive, anyway? Why are payday loan interest rates allowed to be so high? And just what is modern monetary theory — or MMT — anyway?

27 min1 w ago
Comments
The Cost of Living answers your questions about the cost of stuff — like payday loans, baby formula, glasses and ... modern monetary theory?

'Yes, they still use books!' — the familiar but different reality of back-to-school shopping in a pandemic

The return to the classroom for many, if not all, Canadian students means their parents are also heading back-to-school shopping. So what does that mean for kids, parents … and the retailers adjusting to new purchasing patterns as COVID-19 continues to adjust expectations and behaviours. And because your call is important to us, we take a closer look at just what has changed about hold music as call volumes skyrocket since, well, many of us have way more time at home to hold on for one more day.

26 min2 w ago
Comments
'Yes, they still use books!' — the familiar but different reality of back-to-school shopping in a pandemic

All that glitters is gold, they say — but is it real glitter or the perceived imaginary value of said glitter?

Gold prices have recently hit an all-time high. To some, this is sweet validation. To others, it's baffling why anyone would still care about gold. Is the traditional safe haven in times of uncertainty really a meaningful investment? Or as detractors say, are you just putting your money into something that, well, doesn't really do anything... We also look at why those bare shelves at your local sporting goods store might not be due to business woes, but the exact opposite. It's the summer of staycations, and that's leading to retail shortages when it comes to outdoor gear in Canada. And does it ever feel like someone is getting a better deal on their cell phone plan than you? We revisit a story from last October where we discovered the answer is yes — if they live in Saskatchewan or Quebec.

27 min3 w ago
Comments
All that glitters is gold, they say — but is it real glitter or the perceived imaginary value of said glitter?

What Canadians, their economy and their businesses can expect from new finance minister Chrystia Freeland

Canada has a new finance minister, and while Chrystia Freeland has been at the cabinet table in senior roles for years now, she's the first woman to hold many of the proverbial purse strings attached to the federal government. What can Canadians expect Minister Freeland do differently for our economy than her predecessor? Plus - with a new minister comes a new crop of lobbyists knocking on her office door. We explore just who is going to be lobbying Freeland, for what, and why? And in a flashback to pre-COVID times, we peek under the floating SCOBY to find out how kombucha went from a Japanese seaweed tea to a fermented staple on grocery and convenience store shelves.

27 minAUG 20
Comments
What Canadians, their economy and their businesses can expect from new finance minister Chrystia Freeland

We smelt it, Trump dealt it — aluminum and tariffs, that is. We explain how international trade affects prices from tinfoil to cooking oil

Whether you are growing canola on the prairies or canning craft beer in Vancouver - international trade spats have been a thorn in the side of Canadian businesses and consumer for the past two years. But as another fight with our American neighbours looms over aluminum tariffs, we explain what's happening. Plus canola prices are spiking to the highest level in years, but we head to a prairie farm to explain why that doesn't mean farmers raising one of Canada's most important crops will be taking home any more money from the market spike right now. And we look back at the economics of vaccine development, in a replay of a story that originally aired in late March 2020. Just how much does creating a vaccine cost? Here's a big hint - there are a lot of zeros at the end of that dollar figure.

27 minAUG 13
Comments
We smelt it, Trump dealt it — aluminum and tariffs, that is. We explain how international trade affects prices from tinfoil to cooking oil

Is the reboot of our economy on an upward trajectory or is it game over (user wins)? Plus what happens when Donald Trump and China are Microsoft's window into TikTok?

Canada's economy is trudging back from the depths of the coronavirus lockdown. But the road isn't exactly smooth. We look at the state of our economic recovery, and whether it's all clear or more worthy of a "yikes!" And Donald Trump has been threatening to ban the social media video platform TikTok unless it finds a U.S.-based buyer before Sept. 15. Microsoft may be waiting in the wings, but it could be harder to make happen than getting a millennial to learn the "Savage" dance. We also take a look back at one of our stories from the past year and explain why accents — and the diverse actors who have them — are behind the booming business of the human voice.

27 minAUG 7
Comments
Is the reboot of our economy on an upward trajectory or is it game over (user wins)? Plus what happens when Donald Trump and China are Microsoft's window into TikTok?

How Trump's H-1B policy is benefiting the Canadian economy, plus a closer look at 'pandemic pay'

This week on The Cost of Living, host Paul Haavardsrud asks: Is Canada "Plan B" for the world's best and brightest? As the Trump administration continues to close U.S. borders, wefind outif a loss for the U.S. can be Canada's gain. Also on the program, producer Richard Raycraft takes a closer look at what it means to get so-called 'pandemic pay.' Finally, we replay producer Tracy Fuller's piece from December 2019 on the economics of babysitting.

27 minJUL 30
Comments
How Trump's H-1B policy is benefiting the Canadian economy, plus a closer look at 'pandemic pay'

The price of delaying the Olympic dream, the cost of wildfires and why we're hoarding cash

We explore the cost of delayed Olympic dreams, as we hit the time that Tokyo 2020 would have been getting started… before it changed to Tokyo 2021. How does postponing the Games affect the finances of Canadian athletes? Plus despite many businesses refusing to accept cash in the first two months of the pandemic, Canadians seemed to really want to keep their hands on those plastic carriers of currency. Finally, we explore the costs associated with wildfires in multiple parts of this country, and how they're affecting businesses, whole industries and our insurance premiums.

28 minJUL 24
Comments
The price of delaying the Olympic dream, the cost of wildfires and why we're hoarding cash
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