In this discussion, Salman Farooqui, a journalist for the Globe and Mail’s Report on Business specializing in natural disaster economics, unpacks the devastating impact of the L.A. wildfires, which could lead to skyrocketing insurance rates across Canada. He highlights the staggering financial implications, estimating losses could reach $275 billion. Farooqui also delves into how Canada’s insurance industry is adapting to these trends and discusses essential strategies homeowners can adopt to mitigate risks and potentially save on insurance costs.

Salmaan Farooqui, a personal finance reporter with the Globe’s Report on Business, discusses the basics of capital gains tax in Canada and how the recent changes might impact Canadians. The podcast explores the implications for wealthy individuals, middle-class Canadians, small business owners, and the effectiveness of the new tax measures in generating revenue.

Data editor Mahima Singh and personal finance reporter Salmaan Farooqui from The Globe and Mail discuss ranking Canada's most livable cities. They explore factors like affordability, safety, education, and access to amenities and healthcare. Victoria, BC takes the top spot despite housing shortages. The podcast delves into the methodology of the rankings, the impact of demographics, climate, and amenities on city rankings, and the preference of immigrants for mid-sized cities.