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Money talks. We translate. Every Friday, Paul Haavardsrud looks at the way money shapes our lives in ways big, small, obvious, and unseen. From Big Macs to Big Banks, the Cost of Living connects the dots between the economy and everyday life.

Cost of Living

Both countries have just been given a 30-day reprieve from Trump's tariffs. So, can we work together to fend off the looming trade war with the U.S.? Paul Haavardsrud speaks with the former vice minister of trade for Mexico, Juan Carlos Baker, about what happens now.

BONUS! Did Canada and Mexico just become best friends?

We’ve known for a long time that being too dependent on the U.S. makes us vulnerable. They are our largest trading partner, but they aren't the only country in the world. Is it finally time for Canada to make more friends?

Who are Canada's new trade BFF's?

The former governor of the Bank of Canada Stephen Poloz has helped guide Canada through some uncertain times. But right now, he says his worry meter is "pretty far up there."

Is this year over yet?

If U.S President Donald Trump goes ahead with his plan to impose 25 per cent tariffs on all Canadian exports, Canada will retaliate with its own tariffs. Trouble is, the U.S. isn't nearly as dependent on exports as we are.

Tariff tit for tat

The U.S. wants to eat our economic lunch — to lure jobs, companies and head offices to America. The thing is, Canadian capital has been moving south for years. Can we stem the tide?

Trump wants Canadian jobs. Can we stop him?

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.

Now's the time to give'r, Canada

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.

Wait?! Was John Turner right about free trade?

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?

The only certainty is uncertainty

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?

Where is Canada's next superstar city?

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.

One American says 'sorry'

John Pasalis says building more housing isn't the only solution to high home prices. It ignores an even bigger problem: investors. He explains how decades of low interest rates and tax policy have turned us into a nation of real estate speculators — and until we fix that, prices aren't going anywhere.

Why 'build, baby build' won't be enough to fix housing

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