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Cost of Living

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.

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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.

The future of ghost kitchens looks very much alive

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We dive into the world of ghost kitchens and their real life role in the future of takeout. How scary could a global recession be for us in Canada? Plus, how to sell a house you think might be haunted and potentially avoid moving in with paranormal roomies.

Oct 28 2022

27mins

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How the hot used car market is pushing some Canadians to shop overseas

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The used car market is still on a high, and some Canadians are seeking savings by importing used family and passenger cars from Japan. Plus, who owns your vet clinic and why it matters and — why you should spend your gift cards. Like now.

Oct 21 2022

26mins

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'Our biggest test in 30 years,' says Tiff Macklem on inflation fight

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The Governor of the Bank of Canada has raised interest rates at a rapid clip, trying to cool inflation. And it looks like it might be working — a little. But at what cost? Tiff Macklem joins Paul Haavarsrud to explain. Plus, we explore the growth of crowdsourced parcel shipping and not-so-extreme couponing.

Oct 07 2022

27mins

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The sweet smell of scent marketing

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Ever wander into an Abercrombie and Fitch and think, "Am I catching a whiff of white bergamot?" Of course you don't. You're not a nerd! You're just looking for a pair of cheap jeans before hitting the food court for a fro-yo. But scent marketing is a real thing, and like Proust's madeleines — the scent of those jeans will linger in your memory long after you've bought them. Jennifer Dorozio explains.

Oct 04 2022

4mins

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Credit card user? You could soon pay more for every purchase

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Every time you use a credit card, an interchange fee is charged. Starting this week, the rules around those fees will change — and consumers could start paying more. Plus, we look at the strategy behind restaurants' not-so-secret menus and, the youngest dragon from Dragon's Den joins us for a chat.

Sep 30 2022

27mins

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Should we pay people to do job interviews?

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Applying for a job can be a job itself. You have to update your resume and write a fresh cover letter for each position and, sometimes, you're asked to fill out a questionnaire or complete an assignment. Then, there can be multiple interviews.

All of that can add up to a lot of hours. And yet, job seekers are expected to do it all for free. Danielle Nerman asks whether employers should start paying people for their time

Sep 27 2022

5mins

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If inflation has peaked, why is stuff still so expensive?

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Commodity prices are down, supply chains are unclogging and the latest Statistics Canada numbers show inflation may have peaked — but that doesn't mean prices are going down just yet. Also, we look at life in Russian under sanctions and why some stores have signature scents.

Sep 23 2022

26mins

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The Queen's death and what it means for HP Sauce or Burberry

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HP Sauce, Kellogg's Cornflakes and Cadbury chocolate — these are just some of the late Queen Elizabeth's favourite brands - and they are among hundreds of products that hold royal warrants. So what happens now that Her Majesty is no longer with us? Plus, how to know if you're being quietly fired. We also explain what's happening with the pending (or not so pending) Rogers and Shaw merger.

Sep 16 2022

27mins

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When a house price falls in the city — who hears it?

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Dropping house prices are designed to help curb inflation, but not without causing pain to some recent buyers. So how does that ripple through the Canadian economy? Plus — why some people are secretly working two full-time jobs from home. And should we pay people to interview for jobs?

Sep 11 2022

25mins

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The multi-million dollar business of discarded stuff

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You've got questions, we've got answers! We look at why beer comes in tall cans these days, what's going on with per-unit pricing at grocery stores, how charities make money from donation bins, and what you are actually paying for when you get organic eggs.

Sep 02 2022

27mins

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Big Oil, Big Pharma, Big ... Book?

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In the publishing world, five companies run the show: Penguin Random House, HarperCollins, Hachette, Simon & Schuster and MacMillan. We look at what a proposed merger between two of them could mean for readers. Plus — how to quit your job and not burn bridges, plus bye-bye to Air Miles at one of Canada's biggest grocers.

Aug 26 2022

27mins

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Tip-flation has some restaurants asking for up to 30% in tips

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Just like everything else, the cost of dining out is on the rise, and we are tipping more generously than ever. That explains why some restaurants are now suggesting tip options as high as 30% on their point of sale machines. We also share advise from an HR expert on how to have hard — but constructive — conversations with your team when you are a manager. And we take a look back at the right to repair the expensive stuff you purchase.

Aug 19 2022

25mins

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Why hard times can be the best time to start a business

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It takes guts to launch a business when a recession is looming. But it's not always a bad move — some of the world's most successful businesses started during hard economic times! Also, why it pays to manage up at work, and why electric vehicles are so scarce.

Aug 12 2022

26mins

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Why higher interest rates could solve the labour crunch

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Higher interest rates are about to save the day! Well, kind of. When it becomes more expensive to take on debt, more businesses will go bankrupt — and that means job losses.

Aug 05 2022

10mins

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SNACK-SIZED COST! Ford feels the power, and sees the energy comin' up. Electric truck!

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Even with the sale of electric vehicles on the rise, they still make up only about 3% of all cars on the road in Canada. Enter the Ford F-150 Lightning. The automaker wants to double production of the electric truck, which promises to go nearly 500 km on a single charge - and oh, did we mention it can power your home in case of emergency?

Jul 26 2022

10mins

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SNACK-SIZED COST! Canada's hot housing versus .... hot ramen noodles?

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Canadian politicians and business leaders are often extolling the virtues of diversifying the economy and attracting jobs to this country. But for some businesses, getting the capital to build up jobs domestically can be difficult. Anis Heydari spoke to an entrepreneur who hit that roadblock when he tried building a high protein, plant-based ramen noodle factory in Canada.

Jul 20 2022

9mins

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SNACK-SIZED COST! Why wait two weeks to get paid if you don't have to?

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ORIGINALLY AIRED JANUARY 2022 - Traditionally, Canadians get paid every two or every four weeks. For years, payroll systems have existed on that time cycle because, well, they had to. It took time to get paperwork done. But a new market is emerging for getting paid - whenever you want. Work your 8 hour shift and want your money right away? It's yours... if your employer wants it to be. Jennifer Keene looks at the new trend to get your money on demand.

Jul 13 2022

9mins

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SNACK-SIZED COST! Hand-written notes and the personal touch in business

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There's just something about a hand-written note that makes you feel good. And Canadian businesses want you to have that "feel good" feeling — about them. As Danielle Nerman discovered back in January 2022, businesses are now adding personalized, handwritten messages to everything from Skip the Dishes deliveries to locally made shampoo orders.

Jul 09 2022

6mins

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What goes on our money after Queen Elizabeth dies? And other important questions

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We're taking on the economic mysteries called in by listeners. What happens to donations made at the grocery checkout? Can your heirs sell off your beloved iTunes collection? What happens to our cash after Elizabeth II is no longer Queen? And how seriously can we take the economic promises tied to big events?

Jul 03 2022

26mins

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Could crypto investments become virtually worthless?

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We talk to a self-described "crypto-skeptic" about why bitcoin and others in the crypto world are crashing in value and why it could be akin to an old-fashioned run on the bank. Plus, what does it mean for a small business when Deadpool himself endorses your Greek food?

Jun 26 2022

27mins

Play

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