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.
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.
If it feels like the price of everything from airfares to juice boxes never stay put — you're not wrong. And artificial intelligence could make those prices even more slippery. Also, we explain why more travellers are opting for a seat upgrade and explore how YouTube at the world.
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 (Originally aired October 12, 2025)
Hallmark's holiday movie formula is as polished as a glass snow globe. And why not? Between product placements and sponsorships, the movies are a winner for the card company. We take a look at the business sense behind the sensibility. Also, we make a spirited defense of IRL shopping and ask: How did Canada's economy weather a stormy 2025?
Pricey VIP experiences are increasingly for sale in places like theme parks, concert venues and ski resorts. So what does it mean for us to be divided into the haves and the have-mores? We examine what the sale of Warner Bros. could mean for the future of entertainment. And why are Canadians paying through le nez for French butter?
The U.S. used to be pretty hands off, let the market do its thing. Now it wants to be the puppet master. So what happened? Also, we explain why advent calendars have become so commercial and we talk to a historian about why certain toys catch lightening in a bottle. Remember Tickle Me Elmo?
Did you roll your eyes the last time someone said "inflation is coming down"? Yeah, that's fair. Your personal inflation rate can vary wildly depending on where you live, how old you are and whether you rent or own. We ask two Canadians to walk us through their personal inflation calculator and economist Mark Blyth explains how these differences may be partly responsible for the rise of polarization. Also, we dig into why Canadians are holding onto their cars longer.
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.
A lot of people are calling critical minerals a major opportunity for Canada - but we explain why their real benefit may be more strategic than economic. We ask why the price of toilet paper is so d@#m hard to figure out, and talk to author David Thomas about his new biography of Prem Watsa, the richest, savviest Canadian you've never heard of, behind one of Canada's most successful companies.
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."
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.
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 (for real) and we speak to author Tomas Chamorro-Premuzic about why being yourself at work is overrated
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.
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?
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.
More people listen to music on YouTube than Spotify. It's the world's biggest podcast platform and it's worth twice as much as Disney. So what does it mean when one media company commands so much of our attention? We explain why fast food restaurants are betting on hot hot hot menu items. Also, the U.S. is making it harder for the world's brightest minds to work in America. Soooo, maybe they wanna come here?
Today we’ve got a little bonus for you: the latest episode of a new CBC podcast called “See You In Court,” in which host Falen Johnson revisits the legal cases that changed Canada. The second case is one we thought Cost of Living listeners might like, because it’s all about a man who fights all the way to the Supreme Court to get his money!
In 1999, a Montreal businessman named Jean Marc Richard got a letter with this claim from Time Magazine: MR. JEAN MARC RICHARD HAS WON A CASH PRIZE OF $833,337! Others might clock it as junk mail and toss it, but the self-described “fighter” Mr. Richard is determined to get his promised payout, launching a court battle with one of North America’s biggest publishers.
Come hear how Richard v Time launched a battle over misleading advertising, and set a standard for consumer rights that is still used today.
And find more cases from See You in Court here: https://link.mgln.ai/syic-drop
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?
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?
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.
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?