The podcast dives into the declining Canadian dollar and its impact on everyday consumers. One host shares her adventure of exclusively buying Canadian products, revealing amusing highs and lows. They also explore the challenges faced by the Canadian film industry amid trade tensions and currency fluctuations. Tim Hortons becomes a focal point for discussing Canadian identity in a global market. The conversation is filled with insights on ethical shopping and the importance of a diverse investment approach.
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question_answer ANECDOTE
Buying Canadian Challenge
Sarah Rieger attempted to buy only Canadian products for a week.
This seemingly simple task proved challenging due to complex supply chains and labeling ambiguities.
insights INSIGHT
Canadian Labeling Nuances
"Made in Canada" requires 51% Canadian ingredients and assembly, transforming the rest.
"Product of Canada" denotes 98% Canadian content, including packaging.
question_answer ANECDOTE
Mystery Gas
Even in an oil-producing nation like Canada, determining the origin of gasoline is difficult.
Refinement locations are often unclear, making it hard to buy truly Canadian gas.
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In this memoir, Elamin Abdelmahmoud recounts his life from his childhood in Sudan to his immigration to Canada at the age of 12. He navigates the complexities of balancing a new racial identity, learning English, and dealing with the aftermath of 9/11 as a Muslim teen. The book explores themes of identity, culture, and belonging through humorous and intellectually fierce essays, reflecting on his experiences with popular culture, family, and the immigrant experience.
The Canadian dollar’s been on the decline since last fall. On this week’s TLDR, how our wobbly currency might be affecting your pocketbook — and what you might want to do about it. And, last week, Sarah pledged to buy only Canadian products and services. Now, she shares all the highs, lows and lessons of her weeklong experiment. Plus, with Canada-U.S. trade in jeopardy, CBC’s Elamin Abdelmahmoud weighs in on the future of our film and TV industry.
This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr
The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.
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