The Decibel

If you’ve bought something online recently, you’ve probably seen a payment option to spread out the purchase in installments. This is known as Buy Now, Pay Later and it’s popping up all over Canada with companies like Amazon, Adidas, Samsung and Sleep Country. But why is it all over the place all of a sudden?Finance reporter and columnist Tim Kiladze looked into it, and he explains where it came from, how it affects credit, and how it encourages people to spend more money.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Next week, China’s ruling Communist Party is expected to announce an unprecedented third term for its leader, Xi Jinping. Mr. Xi has consolidated his power over the last decade, cracking down on billionaires, movie stars and businesses seen as going against party ideology.Asia correspondent James Griffiths tells us about Mr. Xi’s vision for China and what his grip on the country means for the future of their economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There’s an experiment under way on the roadways around the Greater Toronto Area. Loblaw Companies Ltd. has partnered with autonomous vehicle company Gatik and is using five driverless delivery trucks to ship products around. And since August, they haven’t had a human ‘safety driver’ on board.The Globe and Mail’s retail reporter Susan Krashinsky Robertson discusses how the technology for these driverless trucks works, why Loblaw is investing in the technology and what this means for shoppers and the grocery industry in Canada.Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On Tuesday, the CEO of Hockey Canada, Scott Smith, left the organization and the entire board of directors resigned. The organization has been embroiled in controversy for months over its handling of sexual assaults, specifically the fact that Hockey Canada used funds – paid in part by registration fees – to settle sexual assault claims.Globe and Mail columnist Gary Mason has been writing on this for months. He explains the culture problem he sees at Hockey Canada and in hockey more generally, and what it might take to fix it.Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.comEditor’s Note: An earlier version of these show notes stated that Scott Smith had resigned. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The company that owns Facebook might be in trouble. Meta’s stock has plunged nearly 60 per cent this year, Facebook has been losing active users, existing users are consistently complaining about the company’s other social media platform Instagram, and fresh upstarts with their own apps are gobbling up the public’s attention.As Meta executives pour billions of dollars into the virtual reality world they call the Metaverse, The Globe’s technology reporter Temur Durrani explains the problems within Facebook, what they say about the state of social media more broadly, and what social media might look like in the future.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Adaptable, smart and invasive. No we’re not talking about humans. We’re talking about wild boars. With their populations growing and sightings – even around big metropolitan areas – increasing, governments are rushing to find ways to contain them before they wreak ecological and agricultural damage.Jana G. Pruden, a feature writer for The Globe and Mail, discusses what kind of damage these creatures can do and why letting hunters lose on them is not the answer.This episode originally aired July 4, 2022. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the second quarter of 2022 housing affordability in Canada saw its “worst deterioration” in more than 40 years. At the same time, rents across the country are skyrocketing. For young adults between the ages of 25-29, that means living on your own is more out of reach than ever – even if you’ve graduated from university and have a full-time job.Personal finance reporter, Erica Alini crunched the numbers to get a snapshot of just how expensive it is for young adults trying to find a place to live right now.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Ukrainian military has made substantial advancements in two regions of the country in the past few days. Those gains come as Russian President Vladimir Putin formalizes his annexation of four regions of Ukraine, where young male residents live in fear that they might be conscripted into the Russian army.The Globe’s Janice Dickson is in Kyiv and has been travelling to different regions of the country for the past two weeks. She tells us how people in the annexed territories are feeling, and what the new advancements could mean for the ongoing war.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Liz Truss’s ‘mini budget’ didn’t get a mini reaction. The plan, which initially included a cut in personal income tax for the top earners, sent markets into a panic and sent the pound plummeting to near parity with the U.S. dollar — something that hasn’t happened since the mid-1980s.But why did the markets react that way to a budget? And what was Truss trying to do in the first place? Lucille Perreault is a researcher at the Sprott School of Business at Carleton University, and she specializes in taxes. She explains the economics at work and what Canada can learn from the fallout.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a meteoric rise, the value of NFTs plummeted. But here’s the weird thing: that’s when people started stealing them. In the span of a year, one report pegs the total theft at US $100 million.The Globe’s Rita Trichur is on the show to tell us how people are being scammed out of the NFTs they paid so much for. And don’t worry, we’ll explain what an NFT is, too.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.