In This Economy?‪!‬ Frequency Podcast Network

This episode first aired on In This Economy?! December 2023. We thought you might enjoy the listen while the show is on a short break.

Anna has $9000 in credit card debt and needs help getting her spending under control. Jordan talks to money expert, Tori Dunlap, about why our collective credit card debt is rising and how users can avoid accumulating more debt than they can handle.

This episode first aired on The Big Story June 20, 2024. We thought you might enjoy the listen while In This Economy?! is on pause for the summer.

The Liberals say their changes to the capital gains tax mean that Canada's ultra rich will pay a little more, money they can easily afford. The Conservatives say the Liberals are taxing small business owners and Canadians already struggling to get by. Who's right? What if they both are?

The changes to the tax were bound to become a political football: A complicated tweak to an existing tax that can be easily spun by either side of the aisle. So who will it really hurt? Will it help? What do you need to understand before you panic sell the family cottage?

This is our last episode until the fall, so we thought we'd use the time to reflect on what we've learned so far, answer some of your feedback and talk about what's coming up next.

In the meantime, we'll be revisiting a few of our earlier episodes and providing occasional news updates on events that matter to your wallet. Another Interest rate cut?! In this economy?!

Thanks for listening and talk to you in September!

This month, schools across the country will be closing for the summer. And the kids? Well, their parents will have to figure out what to do with them. Nowadays, there's a lot of pressure to register kids for expensive camps and classes, but is all that really necessary? Can the kids just do nothing all summer?

Tova wrote into the show expressing frustration with the price of clothes at brick and mortar stores. She wants to shop online but doesn't like the hassles associated with making returns. Tova's email got us thinking about our own evolving shopping habits and what it means for both the economy and the environment. Do we need to reframe how we think about buying clothes?

On Wednesday the Bank of Canada lowered its key interest rate for the first time in four years, after months spent at a 20-plus year high. The cut was just a quarter-point, but it could be a signal that easier economic times are on the way for millions of Canadians struggling with servicing their debt.

So what does this latest cut mean right now, and what might it mean in the future? And is this the start of a trend, or could the bank decide to walk it back later this year?