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This is our last episode until the fall, so we thought we'd use the time to reflect on what we've learned so far, answer some of your feedback and talk about what's coming up next.
In the meantime, we'll be revisiting a few of our earlier episodes and providing occasional news updates on events that matter to your wallet. Another Interest rate cut?! In this economy?!
Thanks for listening and talk to you in September!
Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at [email protected]. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
Through email at [email protected]
Or by calling 416-935-5935 and leaving us a voicemail
Or @thebigstoryfpn on Twitter
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Mess with the finely balanced ecosystem of the ocean? On purpose?! What could go wrong?! But the truth is, we've messed with it already. The oceans suck up a lot of our carbon, and you may have noticed they get hotter every year. But what if there was a way to store carbon in the ocean, possibly forever, where it wouldn't do any damage?
Welcome to the world of marine geoengineering—a field gaining a lot of attention, as well as a lot of investment, including in Canadian companies. We might not understand the depths of the ocean's ecosystem enough to ensure we won't do anything truly horrible...but eventually we might have no option but to try it anyway...
GUEST: Moira Donovan, writing in The Walrus
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British Columbia is introducing regulations that the province says will improve the lives of gig workers who deliver meals and offer rideshares—including a minimum wage while working and safe work protections among other things. Other regulations have slowly been introduced around the world.
But do these protections actually help workers? Will the companies that pay them pass the prices along to consumers, or leave these jurisdictions altogether? As more and more jobs shift to this kind of work, what needs to be done to ensure workers can actually make a living doing it?
GUEST: Valerio De Stefano, Canada Research Chair in Innovation in Law and Society at Osgoode Hall Law School at York University
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Toronto-St. Paul's had been a Liberal seat for more than 30 years. Not anymore. In the early hours of Tuesday morning, the Conservative candidate pulled off the upset and sent shockwaves through both parties, and the public. How did they do it?
Everyone knew the Liberals, as well as Justin Trudeau, were unpopular—but if any riding was supposed to be safe for them it was this one. Now any sense of safety is out the window, and everyone wants to know what happens now...
GUEST: Stephanie Taylor, Parliament Hill reporter, The Canadian Press
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There's a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them.
So how hard is it to offload a condo in one of North America's hottest property markets? What happened to all of the motivated buyers? And what does the trend say more broadly about the state of Canadian real estate?
GUEST: Diana Zlomislic, Housing reporter for The Toronto Star
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
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All NATO members are required to spend the equivalent of 2% of GDP on their military, and Canada has always fallen short of that benchmark. But now, more frequent domestic crises, mounting geopolitical turmoil, and harsh rhetoric from south of the border, may mean that it's time to put up or shut up when it comes to military spending.
So where do the biggest gaps in our capabilities exist? How difficult will it be to remedy them? And what sort of military do we as Canadians actually want?
GUEST: Matt Gurney, Columnist, Co-founder of The Line
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On what is a sweltering weekend across much of Canada, we thought we'd revisit an episode that takes place in cooler climes. It's the quirky story of how a war fought using bottles of whisky led to the establishment of Canada's first and only land border with Europe. Enjoy!
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ORIGINAL SHOW NOTES:
50 years ago, a dispute arose between Canada and Denmark over Hans Island, a piece of land that exists almost exactly halfway between the coast of Nunavut and Greenland, a Danish territory. The island holds value as a hunting ground for local Indigenous populations, but holds no strategic or economic value for either nation. And yet, for five decades our two countries were unable to reach an agreement over ownership of the island. Canadian and Danish troops would, reportedly, exchange bottles of booze with one another, which is why the conflict is sometimes called the 'whisky war'.
Recently, Canada, Greenland and Denmark reached an agreement that brought the conflict to the close. Essentially, they drew a line down the middle of the island, thus creating the first land border between Canada and Europe.
So what does that actually mean in a geopolitical sense? Why did it take half a century to come up with a solution that sounds like it was written by a third grader? And as wider swathes of the region become accessible due to climate change, could the resolution serve as a framework for future Arctic diplomacy?
GUEST: Martin Breum, Danish journalist and Arctic expert.
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
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This month, schools across the country will be closing for the summer. And the kids? Well, their parents will have to figure out what to do with them. Nowadays, there's a lot of pressure to register kids for expensive camps and classes, but is all that really necessary? Can the kids just do nothing all summer?
Jordan speaks with Alyson Schafer, one of Canada's leading parenting experts, to find some affordable ways to make sure the kids are safe and occupied this holiday.
Here's a link to the episode about having kids!Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at [email protected]. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
Through email at [email protected]
Or by calling 416-935-5935 and leaving us a voicemail
Or @thebigstoryfpn on Twitter
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For decades, the sight of a bald eagle anywhere near Southern Ontario was basically an impossibility. The species has nearly been extinguished twice in the past century, and while many of the majestic birds had bounced back on the west cost, there simply weren't enough of them around the Great Lakes to sustain a population boom.
Over the past few years, slowly and carefully, and with plenty of help from dedicated conservationists, that's changed. There are even bald eagles nesting in Toronto. How did it happen? And what can it teach us about preserving iconic species in the years to come?
GUEST: Emma McIntosh, Ontario Reporter, The Narwhal
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The Liberals say their changes to the capital gains tax mean that Canada's ultra rich will pay a little more, money they can easily afford. The Conservatives say the Liberals are taxing small business owners and Canadians already struggling to get by. Who's right? What if they both are?
The changes to the tax were bound to become a political football: A complicated tweak to an existing tax that can be easily spun by either side of the aisle. So who will it really hurt? Will it help? What do you need to understand before you panic sell the family cottage?
GUEST: Laura Dhillon Kane, Ottawa bureau chief, Bloomberg News
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A few weeks ago, temperatures in India blasted past 50 degrees Celsius. Currently much of the United States and parts of Canada are in the grip of a heat dome that could shatter records. Summer's hot, and heat waves happen. We know this. But if a heat wave is a period of time with temperatures above normal, and the "normal" temperature keeps rising...
What do the heat waves of the future mean for us? What exactly is a "wet bulb" measurement? Which parts of the world can withstand the heat to come, and how can we prepare the ones that can't?
GUEST: Dr. Kent Moore, professor of atmospheric physics, University of Toronto
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Typically, a broken water main does not plunge a city into weeks of critical water shortages and a state of emergency. But the pipe that broke on June 5 wasn't a typical water main. Now, almost two weeks later, the city is estimating another three to five weeks for full repairs, and until then Calgarians are under water restrictions.
How did the break happen, and could it have been prevented? Why will repairs take so long? What might happen if the city gets close to running out of water? And will the Calgary Stampede, due to start on July 5th, still go on as scheduled?
GUEST: Kerry Black, Assistant Professor and Canada Research Chair, Department of Civil Engineering, University of Calgary
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Richmound, Saskatchewan thought they'd have seen the last of the so-called "Queen of Canada" by now. It's been almost a year since Romana Didulo and her followers moved into an empty school in the tiny prairie town. And they're still here.
Nearly a year of living next door to a dozen or more conspiracy theorists who promise public executions does some strange things to a small community. When everyone knows everyone, and everybody has to pick a side, what happens? Nothing good.
GUEST: Rachel Browne, investigative journalist (Read Rachel's story in The Walrus.)
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We're coming up on the show's six year anniversary, and so we wanted to revisit the first episode we ever released to show just how far we've come in that time. We hope you enjoy!
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Prime Minister Justin Trudeau managed to green light recreational marijuana in Canada, but there is still a lot to get done before legalized weed makes its way into the hands of Canadians. Maclean's Ottawa bureau chief, John Geddes, explains how the Liberals kept their landmark promise and what will happen next.
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Tova wrote into the show expressing frustration with the price of clothes at brick and mortar stores. She wants to shop online but doesn't like the hassles associated with making returns. Tova's email got us thinking about our own evolving shopping habits and what it means for both the economy and the environment. Do we need to reframe how we think about buying clothes?
Jordan talks to Kelly Drennan, the founder of Fashion Takes Action, a non profit organization that's devoted to advancing sustainability in the fashion industry.
Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at [email protected]. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
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Using glue to stick cheese on a pizza. Drinking urine to pass kidney stones. The past few weeks have been filled with weird, hilarious and definitively wrong answers supplied by Google's new AI Overview. The criticism became so intense that Google has fixed many of the answers manually, but it's still determined to push forward incorporating AI into its responses. Why?
How did AI mess these simple questions up? What has Google lost as it moves forward with its plans? And ... does the company understand what its chief product is actually for, or how people use it?
GUEST: Max Read, author of Read Max on Substack
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Last week, a bombshell report revealed multiple Canadian parliamentarians have, intentionally and unintentionally, worked with foreign agents to interfere in our politics. The revelation sparked furious debate around who these MPs are, what they've done to undermine Canada's interest and whether or not the "traitors"—as many called them—should be named.
Today, we'll bring you on a deep dive into the world of foreign interference, security clearance, intelligence gathering and how to protect Canada's interests while still keeping the public informed. It's not as simple as naming names.
GUEST: Stephanie Carvin, former national security analyst, Associate Professor at the Norman Paterson School of International Affairs, author of Stand on Guard: Reassessing threats to Canada's National Security
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The CRTC decided last week to levy a tax on the Canadian revenue made by the giant streaming services. This money will ostensibly go towards supporting Canadian creators and improving Canadian content...which is what exactly?
This is where Bill C-11 gets interesting, because streamers already spend a ton of money making content in Canada, or purchasing stories and IP created by Canadians. Much of that won't count, so what will? And who will end up paying for the tax on those services—American corporations or, as some experts have warned, all of us, with rising Netflix prices?
GUEST: Michael Geist, Canada Research Chair in Internet and E-Commerce Law at the University of Ottawa
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This weekend saw four Israeli hostages rescued at the cost of at least 200 Palestinian lives. While the world debates the calculus of that manoeuvre, it is either way more lives lost in a conflict overflowing with them. When this began, very few experts could have imagined Israel's bloody response to Hamas' Oct. 7 attacks lasting eight months. But here we are, with ceasefire deals and hostage exchanges having failed every time they've seemed close.
Is there still a way to end the bloodshed? Will there be anything left of Gaza by the time there is?
GUEST: Khaled Elgindy, senior fellow, Middle East Institute; Director of the Middle East Institute's Program on Palestine and Israeli-Palestinian Affairs
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The 1930s was a disastrous time for Alberta, as crops failed and topsoil blew away in the wind. And while the province is not currently at that level today, all signs are pointing towards a period of prolonged drought in the province.
This is a problem even a month of rain can't fix. And every government in the province is having to dramatically rethink how they handle water when it becomes scarce. What does the future hold for Alberta's crops? And what are we doing now to avoid the worst-case scenarios?
GUEST: Tyler Dawson, Alberta correspondent, National Post
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