Free Lunch by The Peak

Follow Free Lunch by The Peak
Share on
Copy link to clipboard

Free Lunch by The Peak breaks down what’s happening in the economy and markets, and why it matters to Canadians. Join us every week for deep-dive interviews that go beyond the headlines with the country’s most interesting minds in economics, business, tech, and finance.

The Peak


    • May 7, 2024 LATEST EPISODE
    • weekly NEW EPISODES
    • 48m AVG DURATION
    • 75 EPISODES


    Search for episodes from Free Lunch by The Peak with a specific topic:

    Latest episodes from Free Lunch by The Peak

    How Canadian Banks Are Using AI Today

    Play Episode Listen Later May 7, 2024 45:43


    Banks have been using machine learning and data science for a long time. But Eric Morrow, BMO's Managing Director of the bank's Enterprise Data Science & AI group, believes new advances in AI tech are expanding the range of what can be done. On this episode, he explains how Canadian banks are using AI, what the limitations are, and how AI gets adopted at large companies with a low tolerance for risk. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why This Investor Thinks The Loonie Could Fall To 50 Cents

    Play Episode Listen Later May 1, 2024 35:35


    Jean-François Tardif, president of Timelo Investment Management, sees the Canadian and American economies diverging and thinks it could lead to the loonie falling to 50 cents against the U.S. dollar. In this episode, he explains why he believes that's a likely outcome, why Canada's currency is becoming detached from commodity prices, and how these changes are shaping his investment decisions. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Tyler Meredith Explains How Budgets Get Made

    Play Episode Listen Later Apr 23, 2024 42:34


    Tyler Meredith has been one of the driving forces behind no fewer than six federal budgets and served as the top economic advisor to Prime Minister Trudeau and two finance ministers, so he knows a thing or two about how budgets are made. Today he joins us to explain how exactly the federal government's budget (like the one released last week) is put together, where the ideas come from, who decides what makes it in, how plans turn into policy, and how the money actually gets distributed. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why Statistics Canada Doesn't Know How Rich People Are

    Play Episode Listen Later Apr 16, 2024 29:09


    Our official statistics dramatically underestimate how rich the richest Canadians are. That's the finding of a new report by Dan Skilleter at Social Capital Partners, a think tank that studies Canada's economy. In fact, when it comes to wealth inequality, Canada isn't much more equal than the United States. Dan joins us today to detail what he found in his new report and explain why Statistics Canada doesn't give us an accurate picture of wealth in our country. ----- Read the report: https://static1.squarespace.com/static/5edfe6ed26bc3e59001d42d7/t/660d936553bb3e4b2d8bbded/1712165735599/2024.04.04-SCP-Billionaire+Blindspot+-+FINAL.pdf More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: Why Public Transit In Canada (Mostly) Sucks

    Play Episode Listen Later Apr 9, 2024 49:33


    If you want to make yourself mad about the state of transportation in Canada, all you have to do is go to Europe.  Anyone who's made the trip can tell you that in almost every European country, it's faster, more convenient, and more comfortable to take public transportation than it is here.  And the same is true now in many parts of Asia—places that not long ago were much poorer than Canada, with much less well-developed infrastructure.  So why is public transportation in Canada so far behind these other parts of the world? Why does it seem to take forever to get anything built here (and cost way more)? And what would we need to do differently to fix it? To answer these questions, we're joined by Reece Martin, who is a public transport expert, consultant, and creator of the wonderful and fascinating YouTube channel RMTransit, which has 250,000 subscribers and hundreds of videos all about different transportation systems around the world.  ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Batteries Work And The Innovation That Could Make Them Better

    Play Episode Listen Later Apr 2, 2024 49:07


    If the world is going to pull off a clean energy transition, we need way more batteries. And we need them to be more efficient, more affordable, and more powerful. That's where Dr. Michael Metzger and the Canadian Battery Innovation Centre at Dalhouse University come in. They're working at the cutting edge of battery technology, and on this episode Dr. Metzger joins us to explain how batteries work, what their limitations are, and some of the innovations scientists are working on to make them better. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Indigenous Communities Are Taking A Stake In Canada's Economy

    Play Episode Listen Later Mar 26, 2024 47:55


    Indigenous communities were more or less shut out of fully participating in Canada's economy for centuries, but that is beginning to change. Quietly, First Nations and Indigenous communities across Canada are beginning to take ownership stakes in major clean energy, resource development, and infrastructure projects. But this isn't happening without complications and challenges. On this episode, we talk with Mark Podlasly, a member of the Nlaka'pamux Nation and Chief Sustainability Officer for the First Nations Major Projects Coalition, about why it's happening now, the history that has led to this point, the size of the opportunity for Indigenous communities, and some of the obstacles that still remain. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: Why The World Is Embracing Industrial Policy

    Play Episode Listen Later Mar 19, 2024 45:26


    This episode originally aired on October 17, 2023. Many of us have a vague sense of what industrial policy means, and we might even have an opinion about the specific forms it can take. But that fuzziness around even the definition of industrial policy has made studying it — and learning what makes industrial policy succeed and fail — difficult. Dr. Réka Juhász is trying to change that. Through her innovative academic work (and that of her collaborators at The Industrial Policy Group), she is advancing our understanding of how governments are using industrial policy, and what specific policies they are adopting. On this episode, Réka walks us through how she took a new approach to researching this topic, what actually constitutes industrial policy, and why she believes more governments have turned to these policies in recent years. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    The World's Big Election Year (And What It Means For Canada)

    Play Episode Listen Later Mar 12, 2024 56:27


    It's a big year for elections, with voters heading to the polls in 64 countries representing nearly half of the world's population. How some of those votes turn out will have a major impact on Canada. In this episode, Graeme Thompson, senior analyst with Eurasia Group's Global Macro-Geopolitics practice, joins us to break down what's happening in elections in India, Mexico, the UK, and — of course — the United States, what the likely outcomes are, and what it means for Canada. Ed. note: The audio is a bit messier than usual on this one, but it should still be listenable. Sorry about that! ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Meet The Canadian Chip Company Challenging The Big Players

    Play Episode Listen Later Mar 5, 2024 52:31


    The semiconductor industry is dominated by giant companies like TSMC, Intel, and Nvidia. But more and more startups are beginning to emerge in the space, and one promising example is based Canada. Untether AI is a specialized chipmaker focusing on applications where energy efficiency and speed are critical. To date, it's raised more than $200 million. Untether's CEO Chris Walker joins us on this episode to talk about the chip business, how smaller players can compete with the Nvidia's of the world, and (patiently) explain to us how the actual hardware of chips works. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What We Can Learn From Tokyo About How To Build Great Cities

    Play Episode Listen Later Feb 27, 2024 54:59


    Tokyo is the most populous city in the world, and is growing just as quickly as Canada's largest cities. Yet unlike Canadian cities, Tokyo's housing is still (shockingly) affordable, its transit is fast and reliable, and it's teeming with small businesses and entrepreneurs trying their hand at restaurants, cafes, book stores, and all variety of niche services. So how did they do it? And what lessons can we learn about our own cities from Tokyo's experience? Joe McReynolds, co-author of Emergent Tokyo: Designing the Spontaneous City, joins us on this episode to explain. ----- Links: Emergent Tokyo: https://oroeditions.com/product/emergent-tokyo Follow Joe: @McReynoldsJoe More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    The Case For A Bull Market

    Play Episode Listen Later Feb 20, 2024 51:30


    BMO Capital Markets Chief Investment Strategist Brian Belski feels pretty good about where the stock market is headed this year. He joins us on this episode of Free Lunch to explain why he's bullish, the sectors and stocks he likes right now, and why he thinks turning off the news is one of the best things you can do for your portfolio. ----- Links: BMO 2024 Market Outlook: https://nesbittburns.bmo.com/delegate/services/file/530281/content More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Will The Sports Streaming Bundle Kill Cable?

    Play Episode Listen Later Feb 13, 2024 38:05


    Adam Seaborn from Playmaker Capital joins us to talk about recently announced plans by Disney, Fox, and Warner Bros. to launch a sports streaming bundle, what it means for the sports media business, and who wins and who loses when streaming takes over the sports world. Plus: What makes the NFL such a great television product? ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Companies Are Responding To New Supply Chain Shocks

    Play Episode Listen Later Feb 6, 2024 48:39


    New year, new supply chain disruptions. Between conflicts in the Middle East impacting shipping in the Red Sea, drought paralyzing the Panama Canal, or the ongoing war in Ukraine, we are not done with supply chain disruptions just because the pandemic is behind us. Polly Mitchell-Guthrie is with Kinaxis, a Canada-based supply-chain management platform, to share with us how businesses are responding to the latest wave of supply chain disruptions. 3:38 - Overview of the big disruptions impacting supply chains today 6:26 - What happens inside a company when their supply chain breaks 10:40 - How long it takes before consumers start feeling the impact of supply chain disruptions 12:33 - How companies are changing to make their supply chains more resilient 17:40 - How much do companies actually know about suppliers in their supply chain 23:00 - Is friendshoring actually going to happen? 30:08 - Is there still room for supply chain normalization to reduce inflation? 37:11 - Tech innovation happening in supply chain management 42:21 - Risks to supply chains to watch for this year ----- Links: SiteNews More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why Does It Cost So Much To Build Housing

    Play Episode Listen Later Jan 30, 2024 42:21


    One of the big factors driving our housing affordability crisis is that it's become much more expensive to build new housing than it used to be. But why? To get an overview of what's driving growth in housing costs, we're joined by Russell Hixson, the editor of SiteNews, a trade outlet covering Canada's construction sector. 2:12 - What it costs to build housing in different cities now, and why it's increased so much. 5:53 - Where builders are seeing their costs grow the most. 7:59 - What's happening with lumber prices. 10:06 - How builders have responded to higher costs. 14:14 - How costs break down between materials and labour. 19:56 - How a shortage of construction labour is driving up costs. 23:33 - Potential technological solutions that could lower costs in the near term. 28:57 - What policy changes could be made by governments to lower costs. ----- Links: SiteNews More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    The Tech Revolution Happening In Brain Health

    Play Episode Listen Later Jan 23, 2024 53:01


    There are a lot of exciting developments happening in the neurotechnology space that could dramatically improve how we detect, prevent, and treat cognitive decline and conditions like dementia and diseases like Alzheimer's. On this episode, one of the world's foremost neuroscientists, Dr. Allison Sekuler, joins us to talk about her work in this field, some of the innovations she's most excited about, how innovations in AI and AR/VR will be applied to brain health, and what it's going to mean for how we age. Also: We get her advice on how to keep our brains working well into our old age.

    Economic Lessons From 2023 For The Year Ahead

    Play Episode Listen Later Jan 16, 2024 24:54


    This time last year, not many people were predicting the economy would look like it does today. Many big name economists predicted that we would need to endure years of high unemployment to get inflation back down to a more manageable level. So why were those forecasts so off? And what lessons should we draw from what happened last year to inform our predictions for the economy this year? Roger Aliaga-Díaz is Vanguard's Global Head of Portfolio Construction and Chief Economist for the Americas. He joins us on this episode to talk about his outlook for the economy in the year ahead and how the last cycle is shaping his thinking. 1:57 - What's the outlook for Canada's economy this year. 3:04 - Why rates are likely to stay elevated for years to come. 7:11 - How government spending pushes rates higher. 9:08 - Why so many economists got inflation wrong and what lessons we can learn. 16:52 - What are the factors keeping inflation above the 2% target. 19:25 - How should ordinary investors think about allocating their investments this year. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Where The Housing Market Is Headed In 2024

    Play Episode Listen Later Jan 9, 2024 61:36


    And we're back for 2024. On this episode, Daniel Foch, real estate investor and co-host of the Canadian Real Estate Investor Podcast, joins us to break down the state of Canada's housing market heading into 2024 and his bets for the year to come. 5:46 - The three possible scenarios ahead of us 8:26 - What a soft landing in the economy means for housing 10:48 - The looming "renewal wall" in mortgages and what it means 13:21 - Why Canada is turning into a renters economy 14:58 - Why purpose-built rentals are becoming popular again 19:12 - Why the government doesn't actually know much about who owns what real estate 23:52 - What's happening with rents 27:04 - The impact of international students on the rental market 36:27 - Do rental builds still pencil if population growth slows? 42:04 - The impact of recent zoning changes on supply 53:00 - Dan's bets as an investor for 2024 ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Our predictions for 2024

    Play Episode Listen Later Dec 26, 2023 40:06


    The Free Lunch gang and Brett Chang from The Peak Daily podcast see how their forecasts from last year fared and make some new calls for the year to come. Thanks for listening, and see you back in the new year. Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Craft Breweries Invent New Beers

    Play Episode Listen Later Dec 19, 2023 47:44


    Adin Wener is one of the owners and founders of Henderson Brewing Company, one of the largest craft breweries in Toronto, and he joins us today to explain the ins-and-outs of the craft beer business, from supply to chains to hardware innovation to product development. 3:10 - What is Henderson Brewing and how did it grow? 7:11 - Why craft beer boomed, and where it's at today. 9:13 - The basics of the craft brewery business model. 11:29 - How bars and restaurants choose what beer to serve. 14:10 - The margins on brewing beer vs. hospitality and events. 18:55 - How Henderson develops new beers. 25:06 - Why some beers flop. 27:59 - Are young people drinking less than in the past? 31:36 - Why non-alcoholic beer is getting better. 36:58 - What sort of innovations have there been in brewing? 42:33 - Big trends in beer and alcohol. — Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How To Sell a Province with Vic Fedeli

    Play Episode Listen Later Dec 12, 2023 35:53


    As Ontario's Minister of Economic Development, Job Creation and Trade, Vic Fedeli has been front and centre for some of the largest investments in the province's history happening in clean tech. He joins us today to talk about how he thinks about industrial policy, what it takes to attract businesses to the province, and why he thinks the big bets the province has taken on EVs and batteries will pay off. 3:28 - What does it mean to "sell Ontario"? 6:41 - What businesses is the province trying to attract? 9:11 - How the province has worked with the federal government to attract business. 12:06 - The case for the province's large investments in battery and EV plants. 17:00 - Does Ontario have a shortage of skilled workers needed for cleantech? 19:48 - Has the province embraced industrial strategy? Is that a change from the past? 30:17 - Which one federal policy would you change to attract more business to the province? — Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Brian Armstrong On The Future of Crypto

    Play Episode Listen Later Dec 5, 2023 28:42


    Crypto has been through a challenging period, with the sharp decline of prices in DeFI and NFT markets, the collapse of FTX, and Binance's CEO facing criminal charges. But with Bitcoin on a sustained rise, there are signs that the crypto winter may be ending. Coinbase CEO Brian Armstrong joins us to talk about what's next for the industry and his long-term vision for crypto. 2:33 - After everything that's gone down in the sector, why should people still care about crypto? 5:50 - What use cases for crypto is Brian most interested in? 8:59 - Is crypto a useful hedge against inflation? 12:00 - How crypto could shape monetary and fiscal policy. 13:11 - How should people protect themselves from the volatility of crypto? 15:32 - How does Coinbase make its money now, and how will that evolve? 20:01 - What's the regulatory environment for crypto like in Canada? 21:23 - As crypto becomes more regulated, do exchanges become just another centralized financial institution? 24:36 - Brian's long-term vision for crypto and what motivates him. — Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What The OpenAI Shakeup Means For AI

    Play Episode Listen Later Nov 28, 2023 58:38


    Jeremie Harris, co-founder of AI safety research company Gladstone AI, joins us to explain the fallout from the OpenAI board shakeup, what it means for the AI space, and the implications for work on AI safety. 2:37 - What went down at OpenAI 7:19 - What this means for Microsoft 9:00 - Winners & losers post-shakeup 11:04 - The conflict between the AI safety crowd and accelerationists 14:23 - Differences between OpenAI and Anthropic's approach to safety 17:23 - Impact of OpenAI changes on AI safety 21:58 - Was there a breakthrough at OpenAI? What is Q*? 32:09 - What would real-world consequences of better AI be? 41:06 - The effective altruist movement and role it plays in AI 47:45 - Are we making progress on AI safety problems? What's the prognosis? — Links: Gladstone AI (https://www.gladstone.ai/) Last Week in AI Podcast (https://www.lastweekinai.com/) Jeremie's first episode on Free Lunch (https://readthepeak.com/episodes/a-disturbing-conversation-about-ai) More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Free Lunch Goes Deep On Competition In Canada: Part 2

    Play Episode Listen Later Nov 21, 2023 38:09


    In a lot of ways, the economy we have is created by our laws. That may seem obvious, but it's easy to forget that when you're just going about your business, all those little daily transactions happen with a larger framework. Things like how much the stuff you buy costs and what people get paid are, to a great extent, determined by the laws we make rather than just “economic laws.” One of the most important pillars of that institutional framework our economy functions in is competition law, and to really understand Canada's competition laws and how they work, on this episodewe're joined by Professor Jennifer Quaid. Professor Quaid is an Associate Professor and Vice-Dean of Research in the Civil Law Section at the University of Ottawa's Faculty of Law, and she's worked on some of the most important competition cases in Canada.  Today's show is a true deep dive, and quite long, so we've turned it into two parts. In the first part last week, we looked at the details of what competition law is for, and how it's meant to work in Canada. In this episode, part 2, we look at how that law was applied in the case of the Rogers-Shaw deal, and some of the changes to competition law the federal government is exploring now.  — Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Free Lunch Goes Deep On Competition In Canada: Part 1

    Play Episode Listen Later Nov 14, 2023 48:06


    In a lot of ways, the economy we have is created by our laws. That may seem obvious, but it's easy to forget that when you're just going about your business, all those little daily transactions happen with a larger framework. Things like how much the stuff you buy costs and what people get paid are, to a great extent, determined by the laws we make rather than just “economic laws.” One of the most important pillars of that institutional framework our economy functions in is competition law, and to really understand Canada's competition laws and how they work, on this episodewe're joined by Professor Jennifer Quaid. Professor Quaid is an Associate Professor and Vice-Dean of Research in the Civil Law Section at the University of Ottawa's Faculty of Law, and she's worked on some of the most important competition cases in Canada.  Today's show is a true deep dive, and quite long, so we've turned it into two parts. In this first part, we get into the details of what competition law is for, and how it's meant to work in Canada. Next episode, in part 2, we'll look at how that law was applied in the case of the Rogers-Shaw deal, and some of the changes to competition law the federal government is exploring now.  — Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What's Next For Electric Vehicles

    Play Episode Listen Later Nov 7, 2023 47:27


    Two things are true: Electric vehicles have never been better, and the vast majority of people in Canada (and the US) still aren't buying them. So what's going on? Has the EV transition hit a roadblock or are these natural growing pains that will get worked out in time? And how are the automakers factoring all this into their plans for the future? Brian Kingston, President and CEO of the Canadian Vehicle Manufacturers' Association, joins us on this episode to explain what's going on inside the automaking sector and where the Big Three automakers see challenges and opportunities when it comes to EVs. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: Is Canada's Immigration System Broken?

    Play Episode Listen Later Oct 31, 2023 40:16


    This episode originally aired in July 2023. Canada's population is growing quickly. Really quickly. Last month, we surpassed the 40 million mark, and we're growing faster than any other G7 country. Between 2016 and 2021, Canada has grown twice as quickly as the US. And the reason for that growth is simple: Immigration. Of the growth we saw in 2022, immigration accounted for around 95% of it. And this is by design. By 2025, the federal government wants to add 500,000 new permanent residents to Canada every year. So how our immigration system works matters quite a bit.  But a growing number of economists and experts are warning that it might not be working so well anymore. One of those people is Mikal Skuterud, a professor in the economics department at the University of Waterloo and the Director of the Canadian Labour Economics Forum.  Mikal has argued that the economic case for immigration policy has begun to break down as Canada has tried to scale up the number of people coming here. On this episode, he joins us to explain exactly how our immigration system works and why, in his view, it has started to fail.  ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Retailers Are Adapting To The Inflation Era

    Play Episode Listen Later Oct 24, 2023 51:10


    The cost-of-living pressure created by high inflation and rising interest rates hurt consumers, of course. But it's also creating headaches for many retailers. In this episode, Marty Weintraub, leader of Deloitte's National Retail Consulting practice in Canada, joins us to explain the many ways that the cost-of-living squeeze Canadians are feeling is also impacting the retail sector, from a sharp uptick in shoplifting to a squeeze on mid-tier stores. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why The World Is Embracing Industrial Policy

    Play Episode Listen Later Oct 17, 2023 45:26


    Many of us have a vague sense of what industrial policy means, and we might even have an opinion about the specific forms it can take. But that fuzziness around even the definition of industrial policy has made studying it — and learning what makes industrial policy succeed and fail — difficult. Dr. Réka Juhász is trying to change that. Through her innovative academic work (and that of her collaborators at The Industrial Policy Group), she is advancing our understanding of how governments are using industrial policy, and what specific policies they are adopting. On this episode, Réka walks us through how she took a new approach to researching this topic, what actually constitutes industrial policy, and why she believes more governments have turned to these policies in recent years. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What Do The Autoworker Unions Want From The Big Three

    Play Episode Listen Later Oct 10, 2023 38:38


    A lot of the big trends in the economy right now are converging in the auto sector, and the negotiations over new contracts for autoworkers at the Big Three carmakers: Ford, GM, and Stellantis.  You've got the conflict between workers and employers over wages, and some evidence that workers may have more leverage than they've had in a long time. You've got the clean energy transition, with the rise of EVs and what that means for the industry and people who work in it. And you've got the push to manufacture more things onshore again, and preserve an industry that's been an engine for middle-class jobs for decades. On today's show Jim Stanford joins us to explain how all these issues are playing a role in the negotiations between Unifor and UAW and the Big Three, and what autoworkers want to see in their new contracts. Jim is an economist and Director of the Centre for Future Work, and spent 20 years as Economist and Director of Policy for the union formerly known as the Canadian Auto Workers (and now known as Unifor).  Note: This episode was recorded prior to the Unifor strike at the GM facilities in Ontario. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Canada's Looming Succession Problem

    Play Episode Listen Later Oct 3, 2023 41:49


    76% of people who own small-to-medium-sized businesses are planning to retire within the next decade. What happens when they call it quits? Who will take over those businesses, if anyone? What will happen to the people they employ? These are all pressing questions, but the vast majority of small business owners in Canada do not have a succession plan. On this episode, Cordell Jacks, CEO and General Partner of The Regenerative Capital Group, joins us to explain... The scale of the wave of retirements coming in Canadian small businesses. The risks to the economy if we don't plan for the succession wave. Why entrepreneurs who buy businesses succeed more often than those who start from scratch. The interesting way his investment fund is incorporating social and community impact into their business model. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why Public Transit In Canada (Mostly) Sucks

    Play Episode Listen Later Sep 26, 2023 49:33


    If you want to make yourself mad about the state of transportation in Canada, all you have to do is go to Europe.  Anyone who's made the trip can tell you that in almost every European country, it's faster, more convenient, and more comfortable to take public transportation than it is here.  And the same is true now in many parts of Asia—places that not long ago were much poorer than Canada, with much less well-developed infrastructure.  So why is public transportation in Canada so far behind these other parts of the world? Why does it seem to take forever to get anything built here (and cost way more)? And what would we need to do differently to fix it? To answer these questions, we're joined by Reece Martin, who is a public transport expert, consultant, and creator of the wonderful and fascinating YouTube channel RMTransit, which has 250,000 subscribers and hundreds of videos all about different transportation systems around the world.  ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Unpacking Canada's Confusing Job Market

    Play Episode Listen Later Sep 19, 2023 56:31


    Canada's job market is confusing right now. On one hand, unemployment is still near record lows, last month's job numbers from StatsCan exceeded expectations, and wages are finally starting to increase faster than inflation.  But...  Our population is growing so quickly that we actually added more people in July than the 40,000 jobs that were created, job vacancies are drying up, and compared to the US, our wage growth hasn't been great at all.  Brendon Bernard is the Senior Economist at Indeed.com, and he's back on the pod to unpack what's going on in Canada's job market and what it means for workers and businesses. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What's Driving Ontario's Nuclear Renaissance

    Play Episode Listen Later Sep 12, 2023 37:58


    If you look at a chart of global nuclear energy output over time, what you see is hockey-stick growth from the mid-1960s through the mid-1990s—and then nothing. After growing from zero to around 2600 THw, we just stopped building more of it. But that's starting to change.  Around the world, new nuclear projects are starting up, and plants scheduled for shutdown are being refurbished to last for decades to come. And one of the places at the forefront of this nuclear renaissance is Ontario.  Ontario already produces an outsized share of the world's nuclear energy—around 3.7% of the global total, ahead of Germany and the UK.  And in the last couple of years, it announced plans to increase that dramatically, with new reactors and refurbishments at its plants in Bruce Country, Darlington, and Pickering.  We recently had the chance to tour the Pickering facility and see firsthand the work that's going on there.  Afterward, we sat down with Riley Found, a Senior Manager for New Nuclear Growth at Ontario Power Generation, to talk about what's driving the renaissance in Ontario's nuclear sector and what's changed since the last time we built nuclear in the 1980s. ----- More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: A Disturbing Conversation About AI

    Play Episode Listen Later Sep 5, 2023 65:22


    This episode originally aired on April 4, 2023. In the past six months, publicly-available artificial intelligence models have advanced from an interesting toy to, with the launch of ChatGPT-4, something altogether different. The new version of OpenAI's language model can write reasonably good code, pass standardized tests like the LSAT with flying colours, and understand subtle jokes—things that machines have never done. As its capabilities have advanced, a growing number of people have expressed concern that AI could pose a threat to people—not just by wiping out jobs or being used to spread disinformation, but by acquiring goals of their own, and pursuing them at our expense. Our guest today, AI safety researcher Jérémie Harris, has advised top security officials in the US and Canada on these risks, and he joins us today to explain why he is concerned about where artificial intelligence is heading, and what it means for us. ----- Links: Get Jeremie's new book, Quantum Physics Made Me Do It Follow Jeremie on Twitter More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What We Can Learn About Meta's News Block From Europe

    Play Episode Listen Later Aug 29, 2023 52:58


    The Online News Act, or Bill C-18, has already radically changed how Canadians get their news. First and foremost, we can no longer get it on Facebook or Instagram. Google may be the next to go, depending on what the final regulations look like. But Canada isn't the first country to attempt to bring in regulations like C-18. Several European countries have tried to force Big Tech to pay publishers, too, and in some cases have been subject to news blocks that are still in effect. Ricard Gil is an Associate Professor and Distinguished Faculty Fellow of Business Economics Smith School of Business of Queen's University, and has studied the impact of these regulations on the media industry in European countries. He joins us to explain what happened in Europe and how Big Tech's response has impacted the sector there. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How To Invest When The Economy Is This Confusing

    Play Episode Listen Later Aug 22, 2023 36:38


    A recession is coming. A soft landing is around the corner. Inflation is here to stay. Inflation is transitory. Rates are going to stay elevated indefinitely. Central banks are going to cut rates soon. These are all messages that investors have heard at some point over the past two years or so, as every new bit of economic data seems to bring new forecasts about where the economy is heading. In such a confusing environment filled with mixed signals, how can the average person hope to manage their money effectively? On this episode, Andrei Bruno, Director, Exchange Traded Funds for Fidelity Canada, joins us to bring some clarity to this muddled picture and share his view on how to make smart investment decisions when the future is so unclear. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What It's Like To Run A Restaurant In An Era Of Economic Turmoil

    Play Episode Listen Later Aug 15, 2023 40:05


    The economy has been through a pretty turbulent period over the past few years, and one of the sectors that's experienced that the most has to be the restaurant industry.  Pretty much all the big macro trends we've lived through show up here. Whether it's the supply shocks of COVID, the inflation of the past 18 months, or disruptions in the labour market, restaurants have experienced all of these things in a really dramatic way.  And through it all, they've had to go on opening their doors and serving customers every night if they wanted to stay in business.  Today we talk to someone who has lived and worked through this firsthand to find out what it's been like to be in the trenches running a restaurant during all of this, and what that can teach us about what's going on in the economy more broadly. Our guest Yannick Bigourdan is the owner and operator of some of the best restaurants in Toronto, including The Carbon Bar and Lucie, and was also behind two local institutions, Nota Bene and Splendido. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: Why Canada's Healthcare System Is Breaking

    Play Episode Listen Later Aug 8, 2023 64:29


    This episode originally aired on January 24, 2023. Anyone who has dealt with Canada's healthcare system knows that it's under incredible strain. Part of that is because of the pandemic and the backlogs that piled up over the past three years. But many of the factors that led to the crisis we're now facing have been building up for much longer than that. Dr. Saad Ahmed, a family physician based out of Vancouver and lecturer at the University of Toronto's Department of Family & Community Medicine, joins us to break down how exactly our healthcare system works and explain the root causes of its biggest problems. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Wildfires Are Impacting Canada's Forestry Sector

    Play Episode Listen Later Aug 1, 2023 52:50


    The wildfires Canada has experienced this year have been the worst on record, and it's not even close. Most of us have been impacted in one way or another. Hundreds of thousands of people have been evacuated from their homes, and—tragically—a number of people have lost their lives. In this episode on Canada's wildfires, we are joined by Derek Nighbor, President of the Forest Products Association of Canada, to look at their impact on the forestry industry, how businesses in the sector are responding, whether we're facing another supply shock that will drive up prices in the lumber market, and what role the industry can play in mitigating the harm of wildfires in the future. We also talk about why this year's fires are so much worse than past seasons, and what other countries have done to reduce the risk of forest fires that Canada could look to for lessons. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    What's Next For The Cannabis Industry

    Play Episode Listen Later Jul 25, 2023 47:06


    A lot has happened since 2018, but if you think back to that time, you might remember that Canada's cannabis industry was booming.  There were multiple Canadian cannabis businesses that were valued at multiple billions of dollars. People were getting rich trading weed stocks and starting weed companies.  And this wasn't just money moving around, like with meme stocks during the pandemic. The largest companies, like Canopy, Aurora, and Aphria, were spending money to build massive facilities across Canada and hiring thousands of people.  Then it all came crashing down.  Last week, the Nasdaq stock exchange said it would delist Canopy Growth Corp because its stock, which once traded for around $60, has been below the Nasdaq's $1 threshold for too long.  So what happened? On today's episode, Jay Rosenthal joins me to explain what went wrong in the cannabis industry and talk about what's next for the sector both in Canada and the US.  Jay is the Director of Content at Dutchie, a leading tech partner for cannabis retailers around the world, and the co-founder of the Business of Cannabis. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How The Bank Of Canada Is Thinking About Interest Rates

    Play Episode Listen Later Jul 18, 2023 53:15


    Last week the Bank of Canada hiked its policy interest rate to 5%, a 22-year high and a 10x jump from where they sat just over one year ago. By now, everyone is familiar with the Bank's rationale for aggressively raising rates: It has a mandate to ensure price stability and bring inflation down to a target of 2%. But how are higher rates actually pushing inflation down? When prices are driven up by supply shocks in Eastern Europe or labour strikes at ports, how much control over inflation does Canada's central bank actually have? On today's episode, economist and Columbia Business School professor Brett House joins us to explain how the Bank of Canada is thinking about interest rates and inflation today, what factors motivated them to raise rates again last week, and his view on whether we're now entering a new era of persistently higher inflation. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Does Canada Have A Role To Play In The Chip Wars?

    Play Episode Listen Later Jul 11, 2023 45:53


    Fun fact: Canada used to be something of a semiconductor manufacturing power. Ottawa was a centre of innovation in the space, with local telecom companies like Nortel Networks at one point employing nearly 100,000 people around the world. Things have changed since then, of course. Nortel and Ottawa's other telecom giants are gone (or shadows of their former selves), either bought out or put under by foreign competition. And Canada is no longer a big semiconductor player. Meanwhile, the importance of semiconductors (or chips) in the global economy has grown dramatically, with virtually all electronics depending on them to one degree or another. And for many years, Canada (and much of the rest of the world) has been happy to rely on semiconductors made abroad in manufacturing hubs like Taiwan. But that has begun to change, as tensions with China have raised the spectre of suddenly losing access to a strategically vital piece of hardware. That's ignited a "chip war" over who will make the most advanced semiconductors, and control the technology needed to do it. Set against this backdrop, does Canada have a role to play in semiconductors? Benjamin Bergen thinks so. He is the president of the Council of Canadian Innovators, one of the groups that recently came together to launch SILICAN, an organization focused on advocating for Canada's semiconductor industry. He joins us on this episode to make the case for turning Canada into a semiconductor power once again. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Is Canada's Immigration System Broken?

    Play Episode Listen Later Jul 4, 2023 42:16


    Canada's population is growing quickly. Really quickly. Last month, we surpassed the 40 million mark, and we're growing faster than any other G7 country. Between 2016 and 2021, Canada has grown twice as quickly as the US. And the reason for that growth is simple: Immigration. Of the growth we saw in 2022, immigration accounted for around 95% of it. And this is by design. By 2025, the federal government wants to add 500,000 new permanent residents to Canada every year. So how our immigration system works matters quite a bit.  But a growing number of economists and experts are warning that it might not be working so well anymore. One of those people is Mikal Skuterud, a professor in the economics department at the University of Waterloo and the Director of the Canadian Labour Economics Forum.  Mikal has argued that the economic case for immigration policy has begun to break down as Canada has tried to scale up the number of people coming here. On this episode, he joins us to explain exactly how our immigration system works and why, in his view, it has started to fail.  ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Why Biotech Is Way Bigger Than Vaccines

    Play Episode Listen Later Jun 27, 2023 53:06


    As the COVID-19 pandemic spread around the world, the importance of the biotech sector suddenly became very clear to everyone. Things we have taken for granted for our entire lives—ready access to vaccines and medicine—became a scarce commodity, and the supply chains to deliver them became a top priority. But the biotech sector is far larger than just vaccines (or even pharmaceuticals). Biotech companies in Canada are working on products for customers in agriculture, manufacturing, and more. On this episode of Free Lunch, Andrew Casey joins us to explain how the biotech sector works, who the key players are, and preview some of the big innovations in the space. Andrew is the President & CEO of BIOTECanada, Canada's national biotechnology industry association. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    We Have A Problem With Men's Mental Health

    Play Episode Listen Later Jun 20, 2023 35:50


    By many measures, men aren't doing so well right now. Suicides and deaths of despair among men are rising. 15% of men report having no close friends. In a recent survey, 65% reported agreeing with the statement, "no one really knows me well." Men have fallen behind women when it comes to educational attainment, and most young men report feeling no sense of purpose. So, what's going on here? Matt Jeneroux thinks we have, among other things, a communication problem, and he joins us on this episode to explain why. Matt is the Member of Parliament for Edmonton Riverbend, the Shadow Minister for Supply Chains, and the founder of the Hi Dad Foundation, a non-profit set up to provide resources for young men and fathers in need of mental health support. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Is Toronto's New Multiplex Law A Way To Solve Canada's Housing Shortage?

    Play Episode Listen Later Jun 13, 2023 39:45


    Toronto is one of the epicentres of Canada's housing crisis. And while you may not care about the city's housing regulations (unless you live there), they are impacting you. Buyers priced out of the city end up scooping up homes elsewhere, driving up prices in other parts of the country. For a long time, Toronto hasn't done much to increase its own supply of homes. But that just changed: The city passed a new law making it possible to build multiplexes—up to 4 units in a single building—across the entire city. It's a big change in theory, but how will it play out in practice? Chris Spoke, a Toronto-based developer and real estate investor, joins us this week to explain how the change is playing out on the ground, and whether legal multiplexes can actually make a dent in our housing shortage. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Best Of: Why Is Canadian Housing So Expensive

    Play Episode Listen Later Jun 6, 2023 51:39


    Our hosts are off this week, so we're bringing you one of our favourite episodes (just our third-ever) from back in January. Enjoy! Canada's housing market has become our national obsession, and with good reason. Years of skyrocketing prices are now meeting surging mortgage rates, and the result is some of the least affordable housing in the world. What's driving that affordability crisis, and what comes next? On this episode of Free Lunch by The Peak, we speak with Mike Moffatt, a Senior Director at the Smart Prosperity Institute and Assistant Professor at Ivey Business School. Mike argues that a lack of supply is the key driver of expensive housing in Canada—we get into the details of why that is and some of the ways our dysfunctional housing market warps our economy.

    Does Basic Income Make Sense For Canada?

    Play Episode Listen Later May 30, 2023 51:10


    Basic income has been pitched as the solution to so many of our problems. Eliminating poverty, sparking entrepreneurship, empowering people to pursue their passions—all of these would be, its boosters claim, outcomes of a basic income. But not everyone is so optimistic about the idea. Lindsay Tedds is an associate professor at University of Calgary's Department of Economics, and co-authored the book Basic Income and a Just Society: Policy Choices for Canada's Social Safety Net. On this episode, she joins us to break down the pitfalls of a basic income, what the research shows its effects would be, and why she believes it's an idea that could, in many ways, actually make things worse. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    How Policing Works—And Doesn't—In Canada

    Play Episode Listen Later May 23, 2023 50:36


    Every aspect of our economy—every transaction, every contract— is ultimately shaped by our laws, which are enforced by the police. But how policing actually works is, for many of us, a black box. Who makes decisions about what the police should do? How much do we spend on the policing we get? Is our policing system working, and for who? How could it work better? On this episode of Free Lunch by The Peak, Kent Roach, University of Toronto law professor and author of the 2022 Donner Book Prize-nominated book Canadian Policing: How and Why it Must Change, joins us to discuss all these issues and more. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Should We Be Worried About The Office Market?

    Play Episode Listen Later May 16, 2023 50:55


    It's no secret that Canada's office market isn't doing so hot. Vacancies are still way above pre-pandemic levels, and some big companies like Shopify are giving up their leases altogether. In the US, where similar dynamics are in play, the value of some commercial buildings have been marked down by as much as 80% in fire sales by panicked landlords. Should we be worried about our own office real estate market? Brian Rosen, President and CEO of Colliers International's Canadian arm, joins us to explain what's going on in Canada's office real estate market, how landlords and tenants are responding, and what impact it's all likely to have on Canada's economy. ----- Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

    Claim Free Lunch by The Peak

    In order to claim this podcast we'll send an email to with a verification link. Simply click the link and you will be able to edit tags, request a refresh, and other features to take control of your podcast page!

    Claim Cancel