TLDR

Arshy Mann, co-founder of The Hatchet, dives into the turbulent world of tariffs and trade, emphasizing the ongoing conflicts between Canada and the U.S. He outlines how Canadian officials are maneuvering through the latest challenges posed by rising tariffs. Additionally, Arshy discusses the intriguing rise of novelty merchandise at movie theaters, such as collectible popcorn buckets, and how theaters are enhancing experiences to appeal to younger audiences. It's a lively conversation filled with insights on both trade and entertainment!

Childcare costs have been rising higher…and higher…and higher. On this week’s TLDR, we run the numbers to figure out just what it costs to raise a kid in 2025, with help from journalist Michelle Cyca. And, we get quizzed once more by the genius behind the TLDR newsletter’s FOMO index, Stacey Woods.This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz, with appearances by Michelle Cyca and Stacey Woods. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe 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.

Explore the monopolistic grip on Canada's airline industry, focusing on how limited competition affects prices and consumer choice. Discover a surprising proposal to shake things up in air travel, along with a deep dive into Jernovax, an innovative painkiller that aims to combat the opioid crisis without addiction. The hosts also tackle the rise of financial scams, the deceptive 'pump and dump' scheme, and emphasize the importance of due diligence when investing. It's a lively discussion that blends serious topics with moments of humor.

Rudy Adler, cofounder of Wealthsimple and a passionate crypto enthusiast, joins the conversation to explore the evolving landscape of cryptocurrency. The discussion highlights Bitcoin's rising status as a safe haven asset and the impact of recent U.S. Senate regulations on the crypto market. Adler also reflects on the role of stablecoins in global transactions. Additionally, the hosts tackle rising veterinary costs for pet care and the fierce competition for lucrative finance internships, sharing amusing anecdotes from their own experiences.

The housing market is colder than anticipated, with rising inventory and declining buyer interest leading to falling home prices. A mortgage expert shares insights into these surprising shifts and what the future may hold. The discussion also takes a playful turn as hosts dissect the film 'Mountainhead,' exploring themes of power and detachment among tech elites. Personal finance strategies spark lively debates, tackling everything from car loans to the nuances of joint versus separate accounts in relationships.

Of all the tasty money news this week, the most satisfying was the TACO trade. (For the uninitiated, that’s “Trump Always Chickens Out.”) On this week’s TLDR, we look at the art and science behind the move — and whether its popularity might spell its demise. Plus, we do a deep dive into FinTok archetypes to help decode the personal finance advice proliferating on social media. And, we learn about the remote working scheme that… helped fund the North Korean regime?! We’ve got it all.This episode was hosted by Devin Friedman, former hedgefunder Matthew Karasz, journalist Claire Porter Robbins and author Jared Sullivan. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe 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.

John Cassidy, a staff writer at the New Yorker and author of "Capitalism and Its Critics," dives into the current job market crisis. He discusses how AI is altering job recruitment and the emotional toll it takes on seekers. Cassidy also reflects on the historical evolution of capitalism, linking it to today's economic challenges and critiques. The conversation touches on the struggles over technological displacement, suggesting that while capitalism can drive progress, it also needs reform to address its exploitative tendencies.

Dive into the fascinating shift known as the "Ozempicification" of our diets, transforming how we approach weight loss and consumer behavior. Discover how this trend has led to the bankruptcy of Weight Watchers and impacted the food and fitness industries. Explore the decline in alcohol consumption among younger generations and the rise of non-alcoholic beverages. Tackle the tension between economic indicators and public sentiment in Canada, as well as the complexities of potential recessions amid trade tensions. It's a wild ride through diet, drink, and dollars!

In this discussion, Swapnil Parikh, Vice President of Product at Wealthsimple, shares insights on the recent U.S.-China tariff reductions and their ripple effects on global trade and retail. He dives into how one cargo ship encapsulates the challenges businesses face in navigating these changes. The conversation also turns to Warren Buffett's imminent retirement, exploring his lasting influence and the principles that shaped his investment legacy. Additionally, they analyze the dynamics between retail and institutional traders in today's volatile markets.

John McKenzie, CEO of TMX Group, shares insights on Canada’s housing market slump, highlighting a startling 23% drop in Toronto condo sales. He discusses the mixed signals of the economy, addressing the unique challenges of declining property values and rising interest rates. McKenzie also dives into the evolving role of stock exchanges, emphasizing the shift towards data services over traditional transaction revenues. The conversation concludes with a look at potential economic reforms and the need for infrastructure investments to spark growth.