Cost of Living

With Canada under pressure to meet its NATO commitments, the Liberals, Conservatives and NDP are making promises to increase military spending. So, could we leverage that money to spur innovation and boost the Canadian economy? 

It's not a trivial question. In fact, how people are feeling about their finances can be a key economic indicator. And right now, that indicator is flashing red. So we thought we'd fan out across the country and ask people — how's it going?

Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then, starting with the Obama administration, the country turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On this episode of NPR's The Indicator from Planet Money, how American grievances paralyzed the WTO's dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to.More episodes of The Indicator are available at: https://www.npr.org/podcasts/510325/the-indicator-from-planet-money

Economist Justin Wolfers says Trump’s tariffs are "madness" and — on behalf of America — wants to apologize. He tells us why the U.S. president’s zero sum view of economics fails to understand the benefits of global trade.

Toronto and Vancouver can't build housing fast enough to keep up with demand. So what if Canada invested billions to turn a smaller city into their superstar rival? Could it create balance in the housing universe?

When people are nervous about the future of the economy, they often hold back. Maybe they don’t buy that new fridge or take that new job in a different province. It all adds up to a potential stall in our economy. And that just makes people even more uncertain. But is there a way to break the cycle?

Back when North American free trade was still just an idea, Liberal leader John Turner opposed it. He warned that handing over the "economic levers" could lead to a loss of Canada's political independence. Brian Mulroney won the election and free trade brought Canada all kinds of prosperity. But now? Well, we explore why Turner's ideas are having an "I told you so" moment. 

Some believe there's a silver lining to our neighbour to the south suddenly turning hostile. Paul Haavardsrud talks to a couple of experts who say it's time to put the pedal to the metal — and get the economy back on track.