Cost of Living

<p>Money talks. We translate. Every Friday, Paul Haavardsrud looks at the way money shapes our lives in ways big, small, obvious, and unseen. From Big Macs to Big Banks, the Cost of Living connects the dots between the economy and everyday life.</p>

Is the early to bed generation killing nightlife?

Staying out 'til the wee hours of the morning? That's not happening as much anymore, and restaurants and bars are feeling it. Also, how to find Lego for 2 cents at Walmart and author Danny Funt talks about his new book: Everybody Loses: the Tumultuous Rise of American Sports Gambling.

11-22
30:57

The Wealthy Barber is back

When David Chilton self-published The Wealthy Barber in 1989, it turned into a personal finance phenomenon. Paul Haavardsrud talks with him about the new updated version of his book. We explain why more Gen Z's are "vibe investing" and look at how realistic it is for Canada to go whole hog on "Buy Canadian."

11-08
28:56

How AI could turn pricing into a moving target

If it feels like the price of everything from flights to juice boxes never stay put — you're not wrong. And artificial intelligence could make those prices even more slippery. Also, we look at the rewards and risk of credit card churning and why so many people are suddenly talking about digital sovereignty.We'd love to hear from you! Complete our listener survey here.

10-31
29:33

Is Artificial Intelligence the mother of all bubbles?

AI has all the ingredients needed for a bubble. So if it pops, could it put us all at risk? We also revisit a Halloween favourite about buying and selling haunted houses and we speak to author Tomas Chamorro-Premuzic about why being yourself at work is overratedWe'd love to hear from you! Complete our listener survey here.

10-24
29:21

What's creative destruction? Buckle up. We're living through it

Creative destruction is a way of explaining how new ideas destroy the old in an economy. In an ideal world, these changes make us all healthier and wealthier, right? Right?! With AI promising to upend the economy, we speak with Avi Goldfarb from the U of T's Creative Destruction Lab about how to prepare for it. We also look at why more First Nations are getting into the housing business and why cheap eats are so hard to find at the airport.We'd love to hear from you! Complete our listener survey here.

10-17
28:09

Why do booze-free drinks cost nearly as much as the real thing? (And other mysteries solved!)

This week, we answer some of your burning questions about the economy. Like, why does Canada import stuff that we produce here? Should you pay in CAD when travelling abroad? And, how expensive is the #rvlife?Fill out our listener survey here. We appreciate your input! 

10-10
29:11

If the U.S. is remaking the rules, where does that leave Canada?

The post-WWII rules-based order has been good to Canada. International trade agreements and cooperation have brought peace and prosperity. But with Trump now tearing up the playbook, will we have to follow suit? Or can we find new partners who still want to play the old game the old way? Also, why more North Americans are willing to splurge on business class flights and why long waitlists are pushing Canadians to shop for new hips abroad.We value your input. Fill out our listener questionnaire here!

10-03
29:16

Ireland supercharged its economy by slashing taxes. Should Canada do the same?

More than two decades ago, Ireland radically cut corporate taxes and produced an "economic miracle." Now some say Canada should look to the Emerald Isle and perform a miracle of its own. We find out why some people are learning to love Canadian Gamays and Pinot Noirs. And could a proposed takeover of Teck, one of our last mining giants, be a test of the country's newfound economic nationalism?

09-19
29:21

Why companies aren’t going public anymore

Only a handful of companies have gone public on the TSX in the last few years. Paul Haavardsrud explores why that’s bad for investors and the economy at large. Also, we explore why so many adults are now getting mid-life braces. But, first up, is our love of big SUVs making traffic congestion worse?

09-12
27:25

Split up? In this economy?!

About one in three marriages end in divorce in Canada. But the high cost of housing has some people doing the unthinkable — continuing to live with their ex.

09-05
27:35

From the archives: Your questions about the economy

This week, we dug through the vaults to find the best of your questions! Like, why does a deli roast chicken cost less than cooking one yourself? What's the deal with reverse mortgages? And do charities really make money from those giant clothing donation bins?

08-29
29:07

Has Canada's EV dream stalled?

Canadians have hit the breaks on buying electric vehicles. But to meet the federal mandate, 10 years from now, every new vehicle sold in this country will have to be zero emission. So how are we going to get there?

08-22
29:14

Why hasn't the tariff apocalypse happened?

Back in the spring, Trump's tariff threats had Canadians ducking for cover. We were bracing for massive job losses, inflation, even a full-blown recession. But for the most part, the economy is chugging along better than expected. So what gives?

08-15
28:35

Should Canada join the EU?

It's not as far-fetched as it sounds. Canada needs new economic allies, and we meet a lot of the criteria for membership. So could we? Should we? Montreal political scientist, Frederic Menard, outlines the pros and cons of joining the EU. 

08-08
29:14

Rob Carrick on 3 decades of writing about personal finance

The world of money has changed a lot since the 90s, and Rob Carrick has seen it all. From the 2008 financial crisis to the recent rise in housing prices, Rob looks back at a career as the personal finance columnist for the Globe and Mail.

08-01
29:17

This number is the magic key to your identity

Social insurance numbers are like snowflakes. No two are alike. That's what makes them so valuable to the wrong kind of people. So if SINs are so important to hold close, why are we asked to share them so often?

07-25
28:26

Do you know where your retirement savings are? (Encore)

Some of us might forget $20 in a coat pocket, but what about thousands of dollars in pension payments? It happens more often than you might think. We'll explain why Canadians lose track of their own retirement savings and how to reclaim them. 

07-18
27:58

Here comes the sun (Encore)

A world powered by solar energy has been on the horizon for years. But with costs dropping at a rapid pace, the renewable may be about to have its moment in the sun. So what could we achieve with all that cheap, unlimited energy?

07-11
28:00

Is Canada pulling back too much on immigration? (Encore)

Massive population growth in the last few years put pressure on housing and healthcare. But all those people have also been pouring money into the economy and, by some accounts, keeping us out of a recession. So does a plan for negative population growth risk steering us into the economic ditch?

07-04
28:49

How do Americans feel about the trade war — and Canada?

Trump's tariffs have caused a lot of aggro between Canada and the U.S. But on a personal level, many of us still have friends down south. NPR host Darian Woods with the economics podcast, The Indicator, joins us to talk about covering Trump, how average Americans feel about the tariffs and the state of our cross-border relationship. 

06-27
29:32

Moshe Wise

The biggest cost is always TAXES.

09-20 Reply

Sahar Salimi

I don't mind paying the credit card fee, only if I'm paying less for the product/service. because they were supposed to have the fee incorporated in their prices, so if they are taking that oit, I should be paying less.

10-04 Reply

Sahar Salimi

I agree with the caller at the end of the show. why not start a trend or hashtag to share everyone's salaries? If you're not comfortable sharing your salary, how can you expect transparency from others? or if you legally can't share that info, maybe it's time to share that too, so it leads to policy changes...

01-25 Reply

Joel T

Hot Garbage… misleading title.

04-07 Reply

Recommend Channels