CBC
Cost of Living
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.
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Episodes
The billionaire backlash (Encore Edition) 10.07.2026 26:59
Today's tech billionaires are rich in a way the world has never seen, and they're not shy about flaunting the power that comes with it. It has some people asking: "Should there even be billionaires?" Plus, we ask if braces are the new midlife motorcycle and explore the long, and sometimes hilarious, history of corporate blunders.
A former bike thief explains why it's so easy to steal your ride (Encore Edition) 03.07.2026 26:29
Back in the day, bike thieves could snip through cheap cable locks, but they were stymied by the more expensive U-locks. Then, one power tool came along and changed everything. Also, why more women are travelling solo and and why many of us are just one "turning point moment" away from chucking it all and quitting our jobs.
The super duper savings show! 26.06.2026 26:55
There's more than one way to save, so why not try something new? Like an "unbreakable piggy bank"? Plus, how much do Canadians need to save to enjoy retirement? We explore why we over-value the things we save, and hear from a money coach who says if you want to save big you've got to think big, and stop feeling guilty about buying those daily lattes.
AI bots can shop for you. But should we trust them? 20.06.2026 27:15
AI agents can do all sorts of tasks for us — including shopping — but how do we know the bots are working for us, and not the company that made them? Plus, we ask if 99 cent price tags are finally being phased out, and make the case for why we might be in the golden age of free TV. So let's enjoy it while it lasts.
Canadians are crowdfunding to pay their bills 13.06.2026 27:52
Thousands of Canadians have launched GoFundMe campaigns this year, asking for help with everyday expenses. But, as more of us struggle with the cost of living, is crowdfunding the best way to keep up? Also, just how much does it cost small towns to maintain giant roadside attractions? And we ask: what does the rise of Elon Musk, the world's first trillionaire, say about capitalism in the 21st cent...
On the brink of CUSMA talks, should Canada get tough? 06.06.2026 27:37
Canada's free trade deal is up for renegotiation and the stakes are high. More than 70 per cent of our exports head south. So does Canada need to play tough at the CUSMA table? Also, we hear from small businesses across the country about their hopes and worries for trade talks and take a closer look at Canada's sacred cow: supply management.
Why Canadians are clinging to their jobs (even when they hate them) 30.05.2026 26:46
Switching jobs is always a risk, but with high unemployment and iffy economic vibes, right now it feels even riskier. That's why more Canadians are hanging onto their jobs, which is not so great for them — or the economy. Plus, we explore why tinned fish is reeling in a sea of protein-hungry consumers. And, this year’s World Cup is expected to be the biggest money-making event in sports history. S...
"Superfake" counterfeits are flooding into Canada. Here's why. 23.05.2026 27:45
High quality "superfakes" are on the rise, and luxury shoppers are lovin' it. They cost a fraction of the real thing, but who loses when everyone's buying knock-offs? Plus, shrinkflation is everywhere. So what’s being done in Canada to stop it? And, we explore how the Google search bar is changing and why it matters.
Could Canada profit from privatizing its airports? 16.05.2026 27:48
The feds are considering it, and countries like Spain and the U.K. have already gone that way. We looks to their example for what Canada can learn. Plus, the pros and cons of buying a rebuilt car and a conversation with economist Justin Wolfers about why he's trying to bring economics to the people.
How the avocado won our wallets 08.05.2026 26:06
Canada imports 20 times more avocados today than three decades ago — and that's no accident. We explore how the green fruit went from exotic specialty to kitchen staple. Also, how theatres are squeezing more money out of fewer customers and why some divorcees are still living with their ex.
What will Canada do about prediction markets? 01.05.2026 28:08
Betting on a future event — like, who will be a bridesmaid at Taylor Swift's wedding — is the whole point of prediction markets. Every year, Americans spend billions on these kind of bets, but Canada hasn't fully opened the door to them. So, should we let this type of trading in, put restrictions on it, or just say no? Also, what's old is new again as more Canadians take up film photography. And w...
Should you invest instead of buying a home? 24.04.2026 27:31
Buying real estate is seen as a surefire way to build wealth. But it's not the only option. With prices coming down and more rentals being built, the case for renting in Canada is looking better than it has in years. Also, have you been diagnosed with ADHD? Well, there's a financial planner for that. And we talk to the Canadian planning to build a hotel on the moon.
How does all the weird food end up at Winners? 18.04.2026 28:01
The food aisle at Winners is like the land of misfit toys, with egg white spaghetti noodles next to matcha-flavoured protein powder. But is the randomness simply an accident? And, from donuts to chia seeds, we explore why so many products have their own national day on the calendar. Plus, could Anthropic's Mythos give cyber-criminals the tool they need to hack the world's computer systems? We talk...
Is Canada really poorer than Alabama? 11.04.2026 27:44
Yep, if you compare our economies based on GDP per capita, but Paul Haavardsrud looks at how that measure for our standard of living has its limits. Plus, why you shouldn't be too secretive about your inheritance plans, and a chat with transportation expert Matti Siemiatycki about the pros and cons of a proposed high-speed train between Toronto and Quebec City that comes with a whopping price tag.
Why more Canadians are getting into 'boring businesses' 04.04.2026 27:47
More Canadians are finding job security by charting their own path. They're buying so-called "boring businesses," like vending machines, dry cleaners and sign shops. But is it the road to the easy life? Also, we look at the chances of stagflation happening in Canada and explain why we're becoming a nation of candy lovers.
Is the early to bed generation killing nightlife? (Encore Edition) 27.03.2026 27:55
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 book: Everybody Loses: the Tumultuous Rise of American Sports Gambling. ( Originally aired November 23, 2025 )
A big reason the U.S. still needs Canada? Our aluminum 21.03.2026 27:41
As CUSMA negotiations approach, U.S. President Donald Trump is downplaying Canada's importance. Not to brag, but America still depends heavily on Canadian aluminum. Plus, feeling buried by your to-do list? Maybe it’s time to throw an “admin party.” And, we ask housing economist Mike Moffatt if falling home prices are a blip or a sign of larger change.
Scam Nation 14.03.2026 28:01
Artificial intelligence is making scams harder to spot and Canadians are losing millions every year to fraud. So is it worth it to pay for personal cyber risk insurance? Also, we explain why older job hunters are botoxing their resumes and ask: Could the global oil shock change the conversation around Canada's future as an energy superpower?
BONUS: How high could oil prices go? 10.03.2026 10:23
The war in Iran and the effective closure of the Strait of Hormuz have interrupted critical oil supply chains. Now gas prices are rising. Energy analyst Rory Johnston, who writes the Substack Commodity Context , explains what an oil shock could mean for the Canadian economy, and what might happen next.
Why microwaves will likely get cheaper but your haircut won't 06.03.2026 27:47
Some services, like barbering and childcare, cost way more than they did in the past and keep going up in price. On the other hand, a lot of manufactured goods, like TV's, have become less expensive. And the "Baumol effect" could explain why. Plus, we look at the rise of extra spicy foods on restaurant menus and what's at stake as cargo ships sit idle near the Strait of Hormuz.
BONUS: Iran and the year of economic uncertainty 04.03.2026 9:18
As Iran counter attacks by targeting energy infrastructure in neighbouring countries and threatening to shut off access to the Strait of Hormuz, we explore how Canada moves forward in a global economy dealing with even more chaos and uncertainty. Paul Haavardsrud talks to Stephanie Carvin, a professor of International Affairs at Carleton University.
BONUS: What does the Iran conflict mean for the global economy? 01.03.2026 9:59
Roughly a quarter of the world's oil supply is at risk as the biggest military strike in decades unfolds in the Middle East. Rory Johnston is a geopolitical analyst who writes the Substack Commodity Context . He talks to Paul Haavardsrud about how this conflict play out for Canadian crude and the global economy.
Are we in a cost of living crisis? Maybe not. 27.02.2026 27:39
It may feel like there’s an affordability crisis but is it really all that bad? Also, we explain why more Canadian women are getting financially lit and look into the idea of a mandatory national service for young folk.
The billionaire backlash 20.02.2026 27:08
Today's tech billionaires are insanely rich in a way we've never seen before, and they're not shy about flaunting the power that comes with it (we're looking at you, Elon). Now, the rise of this uber-wealthy class has some people asking: "Should there even be billionaires?" Plus, the financial complications of marrying in mid-life, and Trump's tariff defeat.
He used to steal bikes — and it was easy 13.02.2026 28:04
Back in the day, bike thieves could snip through cheap cable locks, but they were stymied by the more expensive U-locks. Not anymore. An ex-thief explains how one power tool has made it way easier to take off with your fixie. Also, how AI chatbots are levelling the playing field when it comes to dealing with experts. And we talk to Peter Nowak, the journalist behind a new Substack focusing on mono...
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