In This Economy?!

It's mortgage renewal time: What to do if your payments are going up

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 10 Apr 2026 08:00:00 +0000

The majority of Canadian mortgages are up for renewal this year, marking one of the most significant mortgage renewal periods in decades.

And while some payments may be going down, most are likely to go up, meaning it might be time to make some adjustments to your household finances.

Host Kris McCusker is speaking with Alana Riley, Head of Mortgage, Banking, and Insurance at IG Wealth Management about what this renewal might mean for you, and how what you can do if you're mortgage ends up taking an even bigger bite out of your finances.

Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

Q1 Recap: Market swings, mayhem and Trump

rogerspodcastnetwork@rci.rogers.com (Mike Eppel, Josh Sheluk, Colin White) — Fri, 3 Apr 2026 08:00:00 +0000

It's been a chaotic Q1 to say the least.

Between all the Truth Social posts from US President Trump and his geopolitical stunts across the world - the markets have taken a hit. It's led to big slumps from record highs for tech stocks, and the run-up to record highs for the energy sector.

Host Mike Eppel speaks to Colin White, CEO & portfolio manager, and Josh Sheluk, CIO & portfolio manager at Verecan Capital Management for a recap of the Canadian economy throughout Q1.

Being single is more expensive than you think

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 27 Mar 2026 08:00:00 +0000

Enjoy this special feed drop of our sister show 'In This Economy?!'

It’s known as “the singles tax” – an extra amount that solo earners pay to go through life without a partner. In some cases it can be punitive, and it’s prompted many Canadians to get creative.

Host Kris McCusker speaks to financial journalist and author Renée Sylvestre-Williams about her book “The Singles Tax: No Nonsense Financial Advice for Solo Earners,” which can be found at your favourite book store.

Economic uncertainty amid a global crisis: what happens next?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 20 Mar 2026 08:00:00 +0000

The war in the Middle East has pushed global markets into turmoil, throwing early forecasts right out the window.

And even before this crisis began, Canada was already on a shaky trajectory, with the biggest economic risk expected to come from upcoming trade negotiations with the United States.

Host Mike Eppel speaks to Dr. Eric Kam, professor of economics at Toronto Metropolitan University, to discuss the challenges facing policymakers right now—and, more importantly, what Canada needs to do to finally break out of the boom‑and‑bust cycle tied to global energy markets.

Are companies using AI as an excuse to lay you off?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel, Ben Shiller) — Thu, 5 Mar 2026 09:00:00 +0000

Just three months in, and 2026 is already being coined as the 'Year of the Layoff', with companies blaming AI for letting chunks of their workforce go.

But is tech really replacing workers — or just being used as a convenient excuse?

Host Mike Eppel speaks to Ben Shiller, Brandeis University economist and associate professor, and author of 'A.I. Economics: How Technology Transforms Jobs, Markets, Life, and Our Future'. The two discuss the fears of a shrinking white‑collar job market, the realities of AI’s impact, and why your future job security may depend on the sector you choose.

How can young Canadians get a head start on saving for retirement?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 26 Feb 2026 09:00:00 +0000

Times are tough for many Canadians, and for young Canadians, it may sometimes seem next to impossible to make ends meet.

A survey from IG Wealth Management shows the landscape for young people is changing because employee pension plans are disappearing – which means the need to save more.

Host Kris McCusker speaks to Aurèle Courcelles, Vice-President of Tax and Estate Planning about how to get the process started – and why an expert could be key to your success.

Is Canada's motorcycle market impacted by Trump's trade war?

rogerspodcastnetwork@rci.rogers.com (Landon French, Mike Eppel) — Thu, 19 Feb 2026 09:00:00 +0000

There's been a big focus on how Canada’s auto industry has been dealing with the trade upheaval with the U.S., but what about the motorcycle market? And with spring (hopefully) around the corner, Canadian motorcycle enthusiasts are curious about the state of the market.

Host Mike Eppel speaks to Landon French, President and CEO of Moto Canada, ahead of the Toronto Motorcycle and Powersport Show. The two discuss whether or not motorcycles are subject to tariffs, how the market has been affected by the trade disruption, and what trends Canada’s tourism sector is observing.

Are restaurants thriving?! In this economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 13 Feb 2026 09:00:00 +0000

Canadian restaurant operators could be in for another rough year – thanks to uncertainty around trade with the U-S and higher food costs – along with a few other factors.

And the industry, which has been struggling for years, is important to the country’s economy. But the numbers are not trending in the right direction.

Hope is not lost.

Host Kris McCusker takes a closer look at a report from Restaurants Canada with the President and CEO, Kelly Higginson.

How did Canada get into an economic slump?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 5 Feb 2026 09:00:00 +0000

The Bank of Canada has described what happened to the economy in 2025 as a shift away from normal trade relations with the United States and elevated uncertainty for households and businesses.

While Bank of Canada Governor Tiff Macklem has said what happens with the economy this year—and for interest rates—will be determined by the upcoming USMCA trade talks, today's guest argues there are much larger structural issues where you could argue the economy is already in a recession and needs dramatic policy changes by the federal government.

Host Mike Eppel speaks to David Rosenberg, President and Founder, Rosenberg Research to discuss their predictions on the Canadian dollar and interest rates.

Do loyalty programs still pay off? Breaking down changes for Canadian consumers

rogerspodcastnetwork@rci.rogers.com (Mike Eppel, Patrick Sojka) — Thu, 29 Jan 2026 09:00:00 +0000

One of the original travel rewards programs in the Canadian market is getting a major rebrand.

Air Miles, which has been around since 1992, will soon be called Blue Rewards, as owner BMO refreshes the brand to highlight that it’s about more than just travel. At the same time, a longtime Air Miles partner, Shell, is making a move of its own—joining the Scene+ program operated by Scotiabank.

Host Mike Eppel speaks to Patrick Sojka, founder of RewardsCanada.ca which is a Canadian loyalty rewards database, to break down what these changes mean for consumers, and take a broader look at the more than 180 loyalty brands competing for Canadians’ attention.

In the market for a new ride? Prepare to spend big!

rogerspodcastnetwork@rci.rogers.com (Barish Arkurek, Mike Eppel) — Thu, 22 Jan 2026 09:00:00 +0000

If you're in the market for a new truck or car, you might face sticker shock!

The average price for a new vehicle in the Canadian market is now more than $60,000, and used vehicle prices are on the rise, too. So what options are you left with if you're looking for a new ride but can't afford the inflated price tag? How do tariffs play into the list price? And how will Prime Minister Mark Carney's trade deal with China affect the EV market?

Host Mike Eppel speaks to Barish Arkurek, VP Insights and intelligence for Autotader.ca, to discuss what consumers can expect.

How to invest during geopolitical volatility

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 15 Jan 2026 09:00:00 +0000

The headlines just two weeks into 2026 haven't fallen short of anything abysmal, especially centered around the happenings of US President Donald Trump. And although geopolitical uncertainty usually doesn't help the markets, Canadian stocks have continued to see record highs.

Host Mike Eppel speaks to Andrew Pyle, senior investment advisor and senior portfolio manager at CIBC Wood Gundy to discuss the dos and don'ts of investing during volatile times.

Deal or no Deal? How U.S. Trade talks will determine Canada's 2026 economy

rogerspodcastnetwork@rci.rogers.com (James McCann, Mike Eppel) — Thu, 8 Jan 2026 09:00:00 +0000

2025 was no walk in the park for investors, homeowners, or the ordinary Canadian alike on the economic front, and a little over a week into 2026, and it seems like this year isn't looking any better.

Host Mike Eppel speaks to James McCann, Senior Economist at Edward Jones to discuss what Canadians can expect from ongoing trade talks between Canada and the US, how the arrest of Venezuela's President, Nicolas Maduro, will affect Canada's oil sector, and potential interest decisions from the Bank of Canada.

Will 2026 bring any sort of stability in the real estate market?

rogerspodcastnetwork@rci.rogers.com (Shawn Zigelstein, Mike Eppel) — Thu, 18 Dec 2025 09:00:00 +0000

It's been a tumultuous year for the economy to say the least, especially in the interest of real estate and housing.

The Bank of Canada cut interest rates nine times, yet buyers are still erring on the side of caution, waiting for some sort of stability before diving head-first into the market.

Host Mike Eppel speaks to Shawn Zigelstein, broker and team leader for Royal Lepage to see what Canadians could expect heading into 2026.

Will grocery prices ever come down?

rogerspodcastnetwork@rci.rogers.com (Sylvain Charlebois, Mike Eppel) — Thu, 4 Dec 2025 09:00:00 +0000

It's the kind of relief Canadians have been waiting to see for a while, but year after year, the idea of grocery prices lowering seems to be farther and farther away.

Dalhousie University's annual publication, 'Canada's Food Price Report', found that families will be spending an extra 4% on groceries next year, coming out at more than $17,000.

Host Mike Eppel speaks to the lead author of the report, Sylvain Charlebois, to discuss the latest in Canada's food market, and whether or not Canadians should hold their breath for lower prices.

How likely are people 'buying Canadian' this holiday season?

rogerspodcastnetwork@rci.rogers.com (Karisa Marra, Mike Eppel) — Thu, 27 Nov 2025 09:00:00 +0000

Although the 'Buy Canadian' economic movement picked up most of its steam shortly after US President Trump announced tariffs on Canadian goods, the momentum is still going, even amid affordability struggles.

A new report from Square Canada says more than 60% of Canadians are willing to support local, Canadian businesses this holiday season even if it means digging deeper into their pockets.

Host Mike Eppel speaks to Karisa Marra, head of sales for Square Canada to discuss how Canadians are feeling heading into the holiday season, and how shopping with intention can sometimes feel better than trying to find the best deals.

Seasonal jobs are up, but is that a good sign for the economy?

rogerspodcastnetwork@rci.rogers.com (Brendon Bernard, Mike Eppel) — Thu, 20 Nov 2025 09:00:00 +0000

A recent report by Indeed Canada found that seasonal job postings are up 12% this year compared to 2024, which could offer some respite for those looking for work. Statistics Canada says the unemployment rate remains elevated for the month of October, sitting at 6.9%, while youth unemployment is basically double that at 14.1%.

Host Mike Eppel speaks to Brendon Bernard, senior economist at Indeed Canada to break down the report and discuss how the interest in holiday jobs says more about the bigger picture of the state of the economy. The also discuss how the current geopolitical climate plays into the unemployment market.

Will Budget 2025 finally solve Canada’s productivity problem?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Sat, 8 Nov 2025 09:00:00 +0000

Prime Minister Mark Carney introduced his first budget earlier this week, announcing a $78.3 billion deficit, as well as other major investments in defence, AI initiatives and housing.

Included in the 406-page report are changes to improving productivity by implementing corporate tax reforms to incentivize foreign investors, as well as accelerate domestic economic growth.

Host Mike Eppel speaks to Mikaela McQuade, policy and economics partner at PWC Canada, to break down whether or not Carney's investment into solving the 'productivity problem' will actually yield the results Canada deserves.

A snip to rates and a surge on the markets: an economic check-up!

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 31 Oct 2025 08:00:00 +0000

The Governor of the Bank of Canada, Tiff Macklem, announced the fourth policy interest rate cut this year, down by a quarter of a percentage point to 2.25%, signaling a steadiness in inflation, while simultaneously warning of a weakening economy. It comes in the midst of a volatile U.S.-Canada trade war, and ahead of a later-than-usual federal budget, with a projected deficit of close to $70 billion. Host Mike Eppel speaks to Barry Schwartz, President and Chief Investment Officer at Baskin Wealth to get a pulse check of the Canadian economy ahead of the upcoming November 4th federal budget. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

Will Canada have to kiss its sexy credit score goodbye?

rogerspodcastnetwork@rci.rogers.com (Randall Bartlett, Mike Eppel) — Thu, 23 Oct 2025 08:00:00 +0000

No one likes checking their credit score and seeing a hit to the rating - even the Canadian government.

Credit rating agencies are bracing for the upcoming November 4th federal budget, and with a lack of fiscal updates since the last federal budget under the Trudeau government, economists aren't quite sure what they should expect when it comes to the deficit.

So just how deep could the red ink run? And will the minority federal government receive the backing from any of the opposition parties to get it passed through the House?

Host Mike Eppel speaks to Randall Bartlett, Deputy Chief Economist at Desjardins to discuss what former-banker-turned-Prime Minister, Mark Carney, has up his sleeve for the upcoming budget, and what he plans to do about a potentially ominously large deficit.

Jeep production heads south, Canada's auto sector stays in purgatory

rogerspodcastnetwork@rci.rogers.com (Greg Layson, Mike Eppel) — Thu, 16 Oct 2025 08:00:00 +0000

Canada's automotive sector continues to trot along the bumpy road, after auto giant Stellantis announced its plans to relocate Jeep production from the Brampton Assembly Plant to a location in Illinois.

The Brampton plant has closed its doors in 2024 in preparation for the production of the new EV model, but that's also been paused after US President Trump's tariff announcement on the automotive sector earlier this year.

The residuals of Trump's push for domestic vehicle production has since threatened the livelihoods of more than 3,000 at the Brampton plant alone, with the rest of the sector biting its nails for whatever else the President has up his sleeves. And Ottawa has since announced it might bring Stellantis before a judge if it actually goes through with their $13B investment moving down South.

Host Mike Eppel speaks to Greg Layson, Digital and Mobile Editor at Automotive News Canada to break down the 'why' behind Stellantis' bombshell announcement, and where it leaves Canada's fragile automotive sector.

Is Ontario in a housing drought?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 26 Sep 2025 08:00:00 +0000

A recent report from the University of Ottawa shows 22 out of the 34 municipalities in Ontario were given failing grades in regards to taxes and red tape restrictions surrounding development acceleration.

And unfortunately, Toronto seems to be wearing that 'F' right on its sleeve, reporting under 120 new condo sales in the month of August - a number that hasn't been that low in decades.

And with the federal government making legislation to increase not just more housing, but affordable housing, how can we reignite builds?

Host Mike Eppel speaks to Residential Construction Council of Ontario President Richard Lyall to get the answers.

Back to the office! How to take the workplace from good to great

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Thu, 18 Sep 2025 08:00:00 +0000

One by one, companies are mandating their employees to kiss their hybrid work-from-home model goodbye and head back into the office.

But what once was before the pandemic rocked society's work-life balance, is no longer, and companies need to take the extra mile to ensure their offices pose as a productive workspace for their employees to thrive in.

Host of In This Economy!? Mike Eppel speaks to Sarah Bramley, Senior VP, Workplace Advisory for Colliers Canada. She co-authored a recent report that detailed the relationship between a great office space and increased productivity.

Why is it so hard for young people to find a job right now?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 5 Sep 2025 22:00:00 +0000

Finding a job is difficult for anyone right now, but especially for a certain sector.

Young people are having difficulty finding work. In fact, the youth unemployment rate this summer has been up to nearly 15%.

A new study is taking a look at the root causes and offering some possible solutions.

Host of In This Economy!? Mike Eppel speaks to L.J. Valencia, one of the co-authors of the Desjardins report.

Are Canadian farmers going to be okay after the latest tariff threat?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 15 Aug 2025 21:45:00 +0000

Being a farmer in Canada isn't easy at the best of times, and there's a new big challenge ahead.

This week, China announced a hefty tariff on our canola products, which happens to be this country's largest agricultural export.

Billions of dollars are at stake - so how damaging could this be?

Host of In This Economy?! Mike Eppel speaks with Mike von Massow, a professor in the Department of Food, Agriculture and Resource Economics at the University of Guelph.

Rating the overall health of the Canadian economy

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 8 Aug 2025 20:30:00 +0000

As we approach the end of the summer, how is the economy actually doing and what can we expect for the rest of 2025?

What does the data tell us about the impact of tariffs and what's really going on for Canadian businesses and households?

Host Mike Eppel speaks to Don Drummond, economist and Staufford-Dunning Fellow at Queen's University and fellow in residence at the C.D. Howe Institute.

How to make sense of strong economic signals when all the pundits say the sky is falling?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Thu, 17 Jul 2025 20:00:00 +0000

Despite all the noise about tariffs and their potential impact, it appears the Canadian economy is actually weathering the storm.

An interest rate cut looked like a slam dunk a month ago and now, with signs that the economy isn't falling off a cliff, it's highly doubtful that those rates will be going down.

So what to make of where we're at in this economy? How do you plan when things are so unpredictable?

Host Mike Eppel breaks it down with Royce Mendes, Managing Director and head of Macro Strategy at Desjardins.

How will the massive spending cuts being proposed by Ottawa impact you?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 11 Jul 2025 21:30:00 +0000

The civil service in Ottawa is bracing for layoffs.

It comes after Finance Minister Francois-Phillippe Champagne was tasked with finding $25-billion dollars in savings to offset the biggest increase in defense spending in a generation.

So how does that play in to our federal government's massive deficit? And how does that trickle down to you?

Host Mike Eppel speaks with Dr. Wayne Petrozzi, Professor Emeritus in the Department of Politics and Public Administration at Toronto Metropolitan University.

Are we becoming less concerned with data breaches?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 3 Jul 2025 20:50:00 +0000

A data breach used to be big news. It was disconcerting to those impacted and was normally followed by a class action lawsuit.

But as they become more ubiquitous, are we caring less? And if you're a victim of a data breach, what is the financial impact to you?

Host Mike Eppel speaks with Mike Hortobagyi, Senior Manager, Solutions Engineering at Otka Canada.

What can you expect from the economy in the second half of the year?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 26 Jun 2025 21:00:00 +0000

It's the mid-point of the year and it's the economic question everyone is asking - what's going to happen with interest rates?

On this episode of In This Economy - you'll hear from an expert about whether our economy is weakening and what that means for you.

Host Mike Eppel speaks with Royce Mendes, Managing Director of Macro Strategy at Desjardins to do some "fearless forecasting".

How do we REALLY deal with the issue of affordable housing?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 20 Jun 2025 13:00:00 +0000

Housing affordability is a buzz word lately but how likely is it that it will actually become reality?

Actual action on the issue has been really slow and housing starts aren't running at a pace that's it would need to be from a supply standpoint to make a meaningful difference.

So what are the issues? What are the barriers to fixing this serious problem?

Host Mike Eppel talks to Jordan Thomson, Director , Infrastructure Advisory at K-P-M-G Canada.

Are there implications for Canada from Trump's so-called "Big Beautiful Bill"?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 19 Jun 2025 16:00:00 +0000

In this crossover with The Big Story, you'll hear about the potential impact to Canadas economy from Trump's so-called "Big Beautiful Bill".

The bill could potentially have implications for Canadian investors and pension plans.

Host Mike Eppel breaks down what it all means with guest Stephen Johnston, Director of Asset Management for Omnigence.

Interest rates weren't cut this week. Why? It's complicated.

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Fri, 6 Jun 2025 20:00:00 +0000

Interest rates weren't cut this week. Why? Well, it's complicated.

The Bank of Canada didn't give borrowers a break when it set policy on Wednesday, as Tiff Macklem cited the need to wait for more data points.

The word "uncertainty" is being thrown around, although ironically, the economy was actually stronger in the first quarter than forecast.

Host Mike Eppel speaks to experts about the lack of a cut and what that means for the market, home buyers and home owners.

Guests:

Claire Fan, Senior Economist, Royal Bank of Canada

Phil Soper, President Royal LePage

Buying a Cottage? In This Economy!?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 23 May 2025 19:30:00 +0000

The pandemic was a boom time in the cottage industry. As people decamped out of the city, the prices for cottages skyrocketed.

However, in this softened real estate market, it's not easy to hold on to two homes, and that's becoming more obvious with the amount of cottages currently on the market.

Host Mike Eppel digs into cottage life with Kingsley Ma, area VP of Re/Max Canada.

No federal budget this year: what does that mean for Canadians?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 16 May 2025 19:14:08 +0000

A big week on the budget front, for multiple reasons.

Not only did Ontario release a budget that aims to get the province through the trade war, we learned that the new Liberal government will NOT be releasing a spring document.

Host of "In This Economy" Mike Eppel digs into the consequences of all the budget news this week and has a sneak peek on what the Bank of Canada might do next.

Post-election, digging into whether or not our economy will fall into recession

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 2 May 2025 12:00:00 +0000

We now have clarity now on Canada's new government, but predictions about the state of economy going forward are murkier.

There are signs the economy is contracting, so what does that mean for you?

Host Mike Eppel speaks with Dawn Desjardins, Chief Economist at Deloitte Canada.

Quick listen: How Monday's vote is impacting markets and looking at the challenges ahead

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Tue, 29 Apr 2025 17:24:22 +0000

Monday's vote is being closely analyzed, both to finalize the results, and to determine what the impact on the market and economy will be.

In this episode of "In This Economy", host Mike Eppel looks at what happened last night, and what the upcoming challenges will be with guest Randall Bartlett, Deputy Chief Economist of Desjardins Group.

Looking at the plight of small businesses in this very challenged year

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 25 Apr 2025 21:00:00 +0000

Owning a small or medium sized business is never easy, and this year, it's been even more challenging. The small business sector is the country's largest employer and they're facing a ton of uncertainty from tariffs and the threat of higher inflation and a potential recession.

Host Mike Eppel talks to Simon Gauldeault, Chief Economist and VP of Research for the Canadian Federation of Independent Business to get his take.

Minding your mortgage in the midst of a trade war

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sun, 13 Apr 2025 08:00:00 +0000

It's a fluctuation that would - and did - send anyone over the edge, even those in the Canadian real estate market. Although the volatility didn't burn this side of the border nearly as much as it did to the south, the question still stands: what's in store for those Canadians cued up for a mortgage renewal this year? Host Mike Eppel speaks to Victor Tran, Mortgage and Real Estate Expert at rates.ca to discuss what the numbers mean and what we can expect to come in a seemingly never-ending tit-for-tat global trade war. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

How short-sighted was Trump's Liberation Day?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Sun, 6 Apr 2025 08:00:00 +0000

US President Donald Trump dubbed it 'Liberation Day', and it seemed like numbers across the North American stock market took the word 'liberate' and headed south. Besides the historic plunging of some of Wall Street's benchmarks as a result of the Trump's latest tariff announcement on April 2, his long-term goal of a stronger America seems more farther in the distance than he might've originally projected. But what exactly did he project? And was there any sort of input from the big players he's now backing into a corner to make his domestic-grown dreams come true? Host Mike Eppel speaks to Chief Deputy Economist at Desjardins, Randall Bartlett to make sense of the numbers. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

Is Canada's economy in a strong place these days?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Sat, 29 Mar 2025 08:00:00 +0000

A Canadian economy once regaining its strength and gusto, is seeming to slip in its grip on success. GDP numbers from Statistics Canada were on the up to start off 2025...but the data now shows a different picture. So, where do we go from here? What's in store for Canada's economy amid Trump tariff threats? Are we in for a 'stagflation' scenario? And what does this all mean for your pocket? Host Mike Eppel speaks with Richard Forbes, Principal Economist of the Conference Board of Canada about what the current inflation numbers mean, how Trump's tariffs (and possibly new ones) could further impact the economy, and what we can look for in the coming weeks. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at rogerspodcastnetwork@rci.rogers.com. Thanks for listening! Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

How Canadian business operators are dealing with so much uncertainty

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 14 Mar 2025 18:00:00 +0000

Trying to run a business in this economy is anything but easy. Uncertainty, unease and pressure from so many different factors are creating a very difficult situation for Canadian operators.

Host Mike Eppel speaks with Mike Tzimas, president of the Napoleon Group of Companies about the current situation, the impact on tariffs, and how difficult it is to be a Canadian business operator in this climate.

Forecasting what's next...In This Economy!?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 7 Mar 2025 21:00:00 +0000

It's been another week of uncertainty for the financial markets. With back and forth announcements on tariffs happening this week, it's been next to impossible to gauge what will happen next.

Host Mike Eppel is trying to make sense of it with Avery Shenfeld, Chief Economist at C-I-B-C.

Where to find the money to make an RRSP contribution

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 22 Feb 2025 01:00:00 +0000

You want to save for your retirement - but where do you find the money?

Head's up - the RRSP deadline is coming up on March 3, 2025.

Host Mike Eppel is talking to an expert on why it's imperative to start saving for your retirement and how to make it less stressful.

How far are you willing to go to buy Canadian?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 14 Feb 2025 23:00:00 +0000

The "buy Canada" movement remains strong in the wake of tariffs levied against Canada, with more being tariffs reportedly on the way.

So how far would you go to buy Canadian?

Host Mike Eppel speaks to retail analyst Bruce Winder about economic show of patriotism and whether or not it's sustainable in this economy.

Is anything making sense anymore in this economy?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 8 Feb 2025 03:00:00 +0000

Is anything making sense anymore in this economy?

Between the ping-ponging markets, the on and off tariffs and the latest economic data, the week's been far from boring.

To make sense of it all, host Mike Eppel speaks with Pedro Antunes, Chief Economist at the Conference Board of Canada.

Wintering in Florida? In This Economy!?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Fri, 31 Jan 2025 22:00:00 +0000

Going to Florida to escape the Canadian winter - pretty normal for a large number of Canadians.

Going to Florida in this economy? Anything but.

With the tariff threat and the weakened Canadian dollar, it's all feeling upside down. And what's happening with Snowbirds who normally spend the entire winter in the warmer U.S. climes?

Host Mike Eppel speaks with Wayne Smith, Director of the Institute of Hospitality and Tourism Research, at the Ted Rogers School of Hospitality and Tourism Management, Toronto Metropolitan University.

What's going to happen to interest rates next week?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 25 Jan 2025 01:30:00 +0000

If you weren't sure what was going to happen with interest rates with the new U.S. administration in place, you're not alone.

We're just days ahead from the first policy announcement from the Bank of Canada and it's to be interesting to see where it goes.

Host Mike Eppel speaks with Royce Mendes, Managing Director and head of Macrostrategy at Desjardins Capital Markets.

In This Economy week in review: fact checks, threats and the slumping Canadian dollar

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sun, 12 Jan 2025 09:00:00 +0000

Has the first week of January felt like A LOT?

You're not alone. There are so many things going on in this economy right now that could impact you.

Host Mike Eppel is here to break down all the headlines that have made up this very busy news week including the Canadian dollar, the threat of tariffs and takeover and Meta abandoning fact-checkers.

What does the Trudeau resignation mean for your finances?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Wed, 8 Jan 2025 09:00:00 +0000

There are still more questions than answers after Prime Minister Justin Trudeau announced his resignation this week.

That includes legislation involving your finances.

Host Kris McCusker speaks to Jamie Golombek, Managing Director of Tax and Estate Planning with CIBC Private Wealth about how people should treat changes around capital gains and a proposed extension on charitable donations.

Which economic predictions about 2024 actually came true?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 21 Dec 2024 09:00:00 +0000

It was a volatile year for the Canadian economy. Host Mike Eppel speaks with Doug Porter, Chief Economist at BMO about what predictions came true this year and what Canadians can expect in 2025.

Is a good time to change jobs?

rogerspodcastnetwork@rci.rogers.com (Mike Eppel) — Thu, 12 Dec 2024 09:00:00 +0000

A new study suggests 74% of Canadian professionals are looking to change jobs.

In this economy, is now a good time? Is the grass always greener?

Host Mike Eppel speaks with Martin Fox, Managing Director at Robert Walters Canada.

Is it okay to skip the presents this holiday season?

rogerspodcastnetwork@rci.rogers.com (Kris McCusker) — Sun, 8 Dec 2024 09:00:00 +0000

Times are tough for many Canadians - and maybe spending money you don't have doesn't fit into your plans this year.

Or maybe you want the money you do spend on gifts to be put to good use.

Lisa Hannam is the Editor in Chief at MoneySense.ca.

She speaks to Kris McCusker about how to have an awkward conversation if you don't want to buy gifts this year - and would rather focus on what's really important.

How dangerous is it to buy now, pay later?

rogerspodcastnetwork@rci.rogers.com (Richard Southern) — Thu, 5 Dec 2024 09:00:00 +0000

You can now literally finance, anything.

Host Richard Southern is speaking with Tom Rakocevic, Ontario NDP MPP and Privacy Manager, John Halligan on this episode of In This Economy.

It costs HOW MUCH to raise a kid in Canada?!?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 30 Nov 2024 09:00:00 +0000

If it feels like your kids are bleeding you dry, there's evidence that it's actually true.

A new story in the Walrus suggests the average amount to raise 2 kids until they're 17 is $293,000, even more if the kids attend post-secondary.

Host Kris McCusker is speaking with the writer of the piece in the Walrus, Chantal Braganza.

Breaking down the federal government's GST holiday

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 23 Nov 2024 09:00:00 +0000

You're about to get a break on the GST/HST on a bunch of items just in time for Christmas. On top of that, $250 cheques will be mailed out to Canadians this spring who make under a certain amount. But is this really a gift to the economy?

In This Economy host Mike Eppel speaks to Managing Director, Canadian Rates & Macro Strategist at BMO, Benjamin Reitzes.

Winter tires are expensive. But are they worth the investment?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 14 Nov 2024 09:00:00 +0000

The colder weather has finally arrived, and with it a big question: Is it time to put winter tires on the car? Climate change may have you questioning the necessity of winter tires, and the price tag is certainly not making that decision any easier. So we want to know, are winter tires worth the upfront cost? And what do they really do anyway?

GUEST: Lorraine Sommerfeld, columnist with Driving.ca.

How to limit spending without ruining the holidays

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 7 Nov 2024 09:00:00 +0000

This holiday season, about one third of Canadians are planning to either buy fewer gifts, or spend less on the gifts they do buy because they're struggling with their finances. Today, we're looking at ways to limit holiday spending without disappointing anyone.

GUEST: Shannon Lee Simmons, Certified Financial Planner (CFP), Chartered Investment Manager (CIM) and founder of the award winning New School of Finance.

Everything you need to know about switching banks

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 31 Oct 2024 08:00:00 +0000

Many of us, at one point or another, have thought about changing banks. But with those thoughts comes a little uncertainty. How much time will it take? How much money will it cost? Will it impact my borrowing power? Today we tackle everything you need to know about switching banks, so you can understand your options and make a sound decision.

GUEST: Rubina Ahmed-Haq, personal finance expert and multimedia journalist.

Is the Canadian job market really improving?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 24 Oct 2024 08:00:00 +0000

You may have seen recent headlines about Canada's economy adding 47,000 new jobs in September and full-time employment seeing the largest gain in two years. These numbers sound positive, but do they tell the full story? What does this mean for people currently looking for work? And how does it help, or hinder, those who are currently employed but hoping for a raise or promotion?

GUEST: Emily Durham is a career coach and host of The Straight Shooter Recruiter podcast.

How to choose a credit card that makes sense for you

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 17 Oct 2024 08:00:00 +0000

Credit card debt has been skyrocketing among many Canadians, basically since the pandemic began. And while it would be nice to be able to go without it, that's not a reality for many of us. So how do you sort through the hundreds of cards out there—and their various rewards, annual fees and interest rates—and choose one that actually works for you? We speak to Shannon Terrell, who's sifted through every card out there for NerdWallet, to find out how you can end up in a better financial place.

Why are Canadian insolvencies close to record highs?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 10 Oct 2024 08:00:00 +0000

New data shows that consumer insolvency rates in Canada are approaching highs not seen since the financial crisis of 2008-09. Why are so many Canadians going broke? Will falling interest rates help change that? How can you tell if you're dangerously close to the edge, and what should you do about it if you are? We speak to licensed insolvency trustee, Doug Hoyes, to help understand the rising numbers and current options.

What the new mortgage rules mean for new (and existing) home buyers

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 26 Sep 2024 08:00:00 +0000

The federal government has announced changes to mortgage amortizations and insurance rules, calling them “the most significant mortgage reforms in decades.” But what do these changes really mean for new home buyers? And existing ones? Will they help with the affordability crisis, or focus more on accessibility?

GUEST: Angela Calla, accredited mortgage professional and author of 'The Mortgage Code'

Inflation is back to 2%. So the economy is fixed now, right?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 19 Sep 2024 08:00:00 +0000

It's been quite a long (and expensive!) journey, but the latest numbers show that the inflation rate in Canada has finally fallen to the Bank of Canada's "target rate" for the first time in more than three years. So does that mean all our troubles are over? Why is two percent the ideal target for the BoC? And what does this data tell us about the economy we'll be living in for the next several months?

GUEST: Mike Eppel, 680 News Sr. Business Editor

Are car prices finally coming down?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 14 Sep 2024 08:00:00 +0000

After years of shortages, dealership lots are finally full of new vehicles again. The question is if this will bring down prices that spiked during the pandemic? In this episode of Today, In This Economy, we chat with Driving.ca columnist Lorraine Sommerfeld about what to expect in the marketplace and everything you need to know about buying a new or used car this fall.

(We're hard at work on a new season of In This Economy?!—but this fall we're also introducing shorter episodes that let our experts explain what the latest piece of economic news means for you, right now, Today, In This Economy.)

How many subscriptions is too many in this economy?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 31 Aug 2024 08:00:00 +0000

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

Netflix. Disney+. Prime. Apple TV+. Spotify. Newspapers. Magazines. Video games. Substacks. A secret caller (hint: you know him!) has a minor subscription addiction and needs help getting his spending under control. Jordan asks Barry Hertz, Deputy Arts Editor and Film Editor for The Globe and Mail, to explain the subscription boom we're living in, and learn a few tips to avoid high fees.

What does it take to be a freelancer in this economy?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 17 Aug 2024 08:00:00 +0000

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

Suki is in the market for her first car. She would like to purchase an electric vehicle but doesn't know if she can really afford it. Jordan interviews an auto industry expert to better understand current market trends and develop a roadmap for buying a car right now.

Frances has been a freelancer for the past 10 years. In that time she's never been able to stick to a budget. This year, she wants to change that, but an unpredictable payment schedule mixed with the rising cost of goods is making that goal more difficult. Jordan talks to small business accountant, Joe Collins, about how to build and maintain a budget when nothing in your financial world is predictable.

Everything you need to know as a first time car buyer in this economy

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 3 Aug 2024 08:00:00 +0000

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

Is it possible to avoid debt in this economy?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 20 Jul 2024 08:00:00 +0000

This episode originally 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.

Everything you need to know about the capital gains tax

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 11 Jul 2024 08:00:00 +0000

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?

GUEST: Laura Dhillon Kane, Ottawa bureau chief, Bloomberg News

A Summer Break?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 27 Jun 2024 14:16:01 +0000

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!

Entertain the Kids?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 20 Jun 2024 08:00:00 +0000

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?

Jordan speaks with Alyson Schafer, one of Canada's leading parenting experts, to find some affordable ways to make sure the kids are safe and occupied this holiday.

Here's a link to the episode about having kids!

Buy new clothes?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 13 Jun 2024 08:00:00 +0000

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?

Jordan talks to Kelly Drennan, the founder of Fashion Takes Action, a non profit organization that's devoted to advancing sustainability in the fashion industry.

So... the interest rate has been cut. Now what?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 6 Jun 2024 08:00:00 +0000

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?

GUEST: David, senior economist for the Canadian Centre for Policy Alternatives’ National Office

Become a landlord?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 30 May 2024 08:00:00 +0000

Cheap. Entitled. Greedy. Those are just a few things that come to mind when one thinks about a landlord. But have you ever considered becoming one?

According to data collected by the Canadian Real Estate Association, the current average cost of a house in Canada is just over $700 thousand dollars. Simultaneously, the cost of renting remains at an all-time high. Buying a house that has a basement unit, or something you can rent out to help cover your mortgage, might seem like an appealing option. But is it really that easy?

Jordan speaks with Nelda Schulte, a landlord coach and author of "Canadian Landlords Handbook" to find out the hidden reality of rental properties.

Take a vacation?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 23 May 2024 08:00:00 +0000

Summer is around the corner, and a lot of us are dreaming of a holiday. But post pandemic it feels like everything has skyrocketed. So how can you still have a fun and meaningful family vacation in this economy?

Natalie Preddie is a writer and a TV personality who specializes in travel. As a seasoned traveler herself, whether that's solo or with a family, on a plane or in a train, she is full of tips for how to make that dream of vacation a reality.

We live in the age of boycotts. But which ones work?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Sat, 18 May 2024 08:00:00 +0000

We're in the middle of a month in which thousands of Canadians have sworn to boycott any store or product produced by Loblaw Companies Ltd. That includes an awful lot of stores and products, and would require some severe changing of habits. Which is why it probably won't work.

It seems that every week we're encouraged to boycott something, but how many of these protests actually result in change from the targeted company, any why? What should Canadians who want to encourage companies like Loblaw to change their strategies actually do to get some traction? And what should boycott organizers aim for to encourage the maximum number of people to join in?

GUEST: François Neville, Associate Professor of Strategic Management at McMaster University’s DeGroote School of Business

Mental Health Crisis?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 16 May 2024 08:00:00 +0000

Patrick's family member is diagnosed with bipolar disorder and addicted to cocaine stimulants. Patrick and his wife have been trying to fund treatment through private means but are running out of money. They are worried long wait times and delays in the public system will be a barrier to care for their beloved family member.

Jordan speaks to Nadeem Esmail, senior fellow at the Fraser Institute who has studied the current state of mental health care in Canada and how we compare to other nations.

A Basic Income?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 9 May 2024 08:00:00 +0000

In 2017, the Ontario Liberal government instituted a basic income pilot where participants across the province would receive $1,400 a month for three years. That project has since been cancelled, but basic income, as an idea, continues to be brought up as a potential solution to our money problems. So, could it be? And how would it work in practice?

Jordan invites health economist Evelyn Forget from the School of Medicine at the University of Manitoba on to find out. Forget has been studying the effects and feasibility of basic income for many years. She's also written books on the subject, including "Basic income for Canadians, from the COVID-19 Emergency to Financial Security for All."

Retire?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 2 May 2024 08:00:00 +0000

A 44-year-old listener named Brian is wondering if retirement is a reality for him. And if it is, what that retirement will look like. Is it the image of cocktails on the beach and days spent playing golf that many of us associate with this stage of life? Or is it something a little different?

Jordan speaks with Alyssa Brierley, Executive Director of the National Institute on Aging at Toronto Metropolitan University to help define what retirement looks like in this era.

Pre-nups?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 25 Apr 2024 08:00:00 +0000

In pop culture, pre-nuptial agreements (or pre-nups) are usually talked about as something that protects a rich person from marrying a gold digger. But these days, most of us don’t have much gold to dig for; that said, there are still things couples need to think about before combining finances.

Jordan talks to Georgina Carson, a family lawyer and partner at Carson, Chousky and Lein to get the low-down on marriage and cohabitation contracts, and find out what steps couples should take when they start to think about sharing bank accounts, property and debt.

Do you have a money problem? Call and leave us a message at 416-935-5935. Or email us at

hello@itepod.ca

You can also find us on Instagram and TikTok @InThisEconomyPod. Don’t forget to leave a call-back number so we can get in touch.

What the federal budget means for you

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 18 Apr 2024 08:00:00 +0000

We're off this week, but thought you might benefit from hearing this episode, which originally ran on The Big Story April 16, 2024.

In the weeks leading up to Tuesday's budget announcement, the federal government has been hammering a message that this document would make life more affordable for Canadians.

Does it accomplish that? What's in here that will matter to your wallet in the months to come? What takes aim at trying to bring down the cost of living over the next several years? And who's going to end up paying for all this?

GUEST: Jim Stanford, economist and Director of The Centre for Future Work

Die?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 11 Apr 2024 08:00:00 +0000

More and more Canadians are struggling to afford the costs associated with the death of a loved one. In Newfoundland, a recent news report reveals bodies are piling up in a freezer outside of a morgue for this reason.

Jordan talks to Erin Bury, CEO and co-founder of Willful, a digital estate planning app that aims to make estate planning more accessible and affordable.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Contribute to RRSPs?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 4 Apr 2024 08:00:00 +0000

Should I put my savings into an RRSP? If I do that, will I pay less taxes? What happens if I want to access that money before I retire? These are just a few of the RRSP-related questions we've received lately. So, here's everything you need to know about RRSPs in one episode. Just in time for tax season!

With Jackie Porter, certified financial planner and ambassador for FP Canada, a national not-for-profit organization dedicated to championing better financial wellness for all Canadians. Learn more about FP Canada here.

For clarity, here are some of the rules around RRSP contributions and withdrawals:

Your annual contribution limit is determined by your previous year’s income.
For the most part, if you make a withdrawal from your RRSP account, it is considered income, and taxed accordingly. Generally speaking, your financial institution will withhold the tax on your withdrawal. The rate depends on how much money you are withdrawing.
In certain instances, you can make a withdrawal WITHOUT any tax penalty - for example, using the Home Buyer’s Plan or the Lifelong Learning Plan.

For the full list of rules and regulations regarding RRSPs, you can visit the CRA’s website.

Learn Something?! From This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 28 Mar 2024 08:00:00 +0000

Frozen bank accounts, financial chaos, job loss, poverty. Those are all things Gonzalo witnessed while living through the largest foreign default in world history. Other than putting our current financial crisis into perspective, he wants to know if there’s anything we can learn from living through challenging times.

Jordan speaks with David Coletto, founder and CEO of Abacus Data, and Tanya Woods, Head of Government and Regulatory Affairs and Policy Council at Questrade Financial Group, to find an answer.

Dozens of subscriptions?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 21 Mar 2024 08:00:00 +0000

Jordan asks Barry Hertz, Deputy Arts Editor and Film Editor for The Globe and Mail, to explain the subscription boom we're living in, and learn a few tips to avoid high fees.

Change Jobs?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 14 Mar 2024 08:00:00 +0000

Cody wants to find a new job, in a new industry, but doesn't have the qualifications listed on the job postings he's seeing. Alan feels trapped in his current job by an unstable and unpredictable market. They both want to know if now is a good time to change careers, and how they should go about the transition.

To find out, Jordan reaches Alan Kearns, founder of CareerJoy, a firm that helps guide people through career transitions. Together they outline the costs that need to be considered when planning a career change.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Get Divorced?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 7 Mar 2024 09:00:00 +0000

Olivia is going through a divorce. And while it has been amicable, splitting assets feels impossible, especially when it comes to the home they share.

Jordan talks to Eva Sachs, the financial expert at The Modern Divorce, a Toronto company that helps couples reach divorce settlements without going to court.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Pay for Heating?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 29 Feb 2024 09:00:00 +0000

Matt is struggling to keep up with the cost of heating his home. And he's not alone, Canadians are reporting higher energy consumption costs across the country.

Jordan calls Violet Kopperson, a registered energy advisor from the Windfall Ecology Centre, to find out how Canadians can pay less to heat and cool their homes.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Is the Bank of Canada courting disaster for many Canadians?

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 22 Feb 2024 09:00:00 +0000

This is an episode of The Big Story which was first published on January 25, 2024.

Experts predict the Bank of Canada will begin to lower interest rates later this year—just not Wednesday when it held the rate flat. But as inflation has slowed in many areas, it's created an interesting problem for the bank and a troubling one for many Canadians.

One of the main factors driving inflation right now is the cost of shelter—otherwise known as rising rents and mortgage costs. Those increases are driven by ... the high interest rates the bank is waiting to lower. The BoC wants to follow through on its "soft landing" by taking a cautious approach to lowering rates. But by waiting too long, are they courting disaster for millions of Canadians trying to make their monthly home payments?

GUEST: David Macdonald, senior economist for the Canadian Centre for Policy Alternatives’ National Office

Buy a Condo?! In This Economy?!!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 15 Feb 2024 09:00:00 +0000

Jennie has been searching for a one-bedroom condo in Vancouver for over two years. Despite having money for a downpayment, her search has been largely unsuccessful. Now, she's wondering if home ownership is really the best option.

Jordan calls Dr. Tom Davidoff, housing economist and real estate development expert, to find out if buying a condo is a good investment in today's market.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Have a Kid?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 8 Feb 2024 09:00:00 +0000

Kacey and her partner just welcomed a new baby girl into their lives. And with this bundle of joy has also come a ton of new expenses.

Jordan talks to money expert and mom of two, Melissa Leong, to find out how new parents are making it work.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

A Health Emergency?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 1 Feb 2024 09:00:00 +0000

Lynda has a dental emergency and is struggling to cover the cost of treatment.

Jordan speaks with Dr. Carlos Quiñonez to figure out how Canadians can get the dental care they need right now.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Rent an Apartment?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 25 Jan 2024 09:00:00 +0000

Rachael feels trapped in her Toronto rental because she can't afford to move. She has no plans of ever owning a home and wants to know what, if any, rental protections exist to curb rising rates.

Jordan talks to political economist and author Ricardo Tranjan about how policy can help protect renters in Canada.

A Wedding?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 18 Jan 2024 09:00:00 +0000

This year, Erica is getting married! Together, with her fiancé, they set a budget of $50,000, however, she's a few months away from the big day and the actual cost is closer to $75,000. Erica blames the inflated budget on hidden fees from vendors and wants to know if she's being charged fairly.

Jordan talks to wedding planner, Shalini Misri, to figure out what's behind these hidden fees and how to avoid them.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Pay Back CERB...or Go Bankrupt?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 11 Jan 2024 09:00:00 +0000

Kara is being asked to pay back all the money she received from the Canada Emergency Response Benefit back in 2020. But she’s making less now than she was before the pandemic and all of her expenses have gone up. She doesn't have the means to pay the Canada Revenue Agency and might have to file bankruptcy as a result.

Jordan talks to Elizabeth Mulholland to find out why the CRA is going after this money now. Then speaks with licensed insolvency trustee, Doug Hoyes, to learn more about what it means to go bankrupt in Canada.

Stick to a Budget?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 4 Jan 2024 09:00:00 +0000

Jordan talks to small business accountant, Joe Collins, about how to build and maintain a budget when nothing in your financial world is predictable.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

What we've learned so far

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 21 Dec 2023 09:00:00 +0000

A little update on what we've learned after making a few episodes. Jordan Heath-Rawlings reflects on what it's like having a side hustle. And producer, Stefanie Phillips, reads some scandalous feedback.

Avoiding Debt?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 14 Dec 2023 09:00:00 +0000

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.

Hosting a Party?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 7 Dec 2023 09:00:00 +0000

Sal is getting ready to host family and friends for the holidays but is worried about how much food, drinks and gifts will cost this year.

Jordan talks to retail analyst, Bruce Winder, to breakdown the cost of hosting and find creative ways to save. Then, he talks to financial expert, Kelley Keehn, about how to handle tricky money conversations with your guests.

A Social Life?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 30 Nov 2023 09:00:00 +0000

Mo feels guilty spending money on social events like concerts, restaurant outings and shopping trips. But they are tired of missing memorable moments with friends.

Jordan interviews personal finance expert, Shannon Lee Simmons, to determine if there’s a way to have fun without ditching your financial goals or racking up credit card debt.

Quit My Job?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 23 Nov 2023 09:00:00 +0000

Sam wants to leave her comfortable white collar job to pursue her passion project full time. But she's not sure if she's financially ready to make the jump.

Jordan interviews personal finance expert, Jessica Moorhouse, who went down a similar path a few years ago. Together they break down how to manage this massive transition.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Buy a Car?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 16 Nov 2023 09:00:00 +0000

Suki is in the market for her first car. She would like to purchase an electric vehicle but doesn't know if she can really afford it.

Jordan interviews an auto industry expert to better understand current market trends and develop a roadmap for buying a car right now.

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Healthy?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 9 Nov 2023 09:00:00 +0000

Daniella wants to prioritize her health. But is having a hard time justifying the costs she has incurred trying to eat healthier and feel stronger.

Jordan interviews an author who has written about modern wellness culture to unpack the ways we've altered our understanding of health and wellness. Together they try to answer: How much should it really cost to take care of our well being?

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Home Ownership?! In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 2 Nov 2023 08:00:00 +0000

Jeremiah has seen real estate prices sky rocket to astronomical levels and he's worried he won't be able to afford a home. He's curious about co-ownership and wonders if it's possible for him.

Jordan interviews two real estate professionals who specialize in co-ownership sales. Then, he speaks with someone who's living in a home he owns with his partner and another couple. Together they try to answer: Is co-ownership a viable path to home ownership?

Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.com. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

Why we're making this show

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Thu, 26 Oct 2023 08:00:00 +0000

Before we release the first episode, we want to tell you more about why we're making this show. Host Jordan Heath-Rawlings reveals that he, too, has a side hustle. And producer, Stefanie Phillips, gets school'd on the definition of a survival guide.

Introducing: In This Economy?!

rogerspodcastnetwork@rci.rogers.com (Frequency Podcast Network) — Wed, 18 Oct 2023 20:15:21 +0000

Jordan Heath-Rawlings is a journalist who wants to help you understand the systems that create your money problems. His award-winning podcast, The Big Story, has been telling stories that inform Canadians for over five years. And in that time, there's really only been one big story: A growing percent of the population can't afford to live basic, comfortable lives — and they want answers. Listen to the first episode on November 2nd.