High interest rates and The Bank of Canada, explained

Move over 'Let It Go,' we're talking about Bruno: There are two kinds of people in this world: those who have “We Don’t Talk About Bruno” stuck in their head, and those who don’t … yet. The Disney song is a viral sensation and unexpected hit from the 2021 film, Encanto. Michael Birenbaum Quintero is an ethnomusicologist and Associate Professor at Boston University. Even he agrees it’s a catchy tune, and explores its musical influences along with the movie’s wider representation of Colombian and Latin American music and culture. by The Decibel

17 min listen

Thinking through Quebec’s unvaxxed tax: Quebec is the first jurisdiction in Canada to propose a ‘health contribution’ tax for people who choose not to get vaccinated against COVID-19. This has sparked a debate about whether some government pandemic measures are going too far into the realm of being punitive. Dr. Devon Greyson, an assistant professor at the School of Population and Public Health at the University of British Columbia, has been studying vaccine hesitancy since 2015. They break down the ethical considerations of this controversial piece of proposed public health policy. Editor’s note: An earlier version of this text misidentified Dr. Greyson as an associate professor at the School of Population and Public Health at the University of British Columbia. by The Decibel

21 min listen

Who betrayed Anne Frank?: The Diary of Anne Frank is one of the most widely read first-person accounts of the Holocaust. The question of how Anne and her family were discovered has haunted readers for decades. In a new book, The Betrayal of Anne Frank: A Cold Case Investigation, author Rosemary Sullivan details what an investigative team found when they set out to answer: who tipped off the authorities to Anne’s hiding spot? Turns out, it’s more complicated than you’d think. Marsha Lederman, the Globe’s Western Arts Correspondent, interviewed Sullivan about her book, and explains what they found, and what we can learn from this story today. by The Decibel

21 min listen

Where the Conservative Party of Canada goes from here: The vote was 73 to 45. And with that, Erin O’Toole’s leadership of the Conservative Party of Canada is over. This dismissal comes after months of internal strife as MPs questioned the direction of the party under Mr. O’Toole. Conservatives now have to launch a leadership race to decide the direction of their party, without tearing it apart. Political columnist and writer-at-large John Ibbitson argues that the in-fighting in the party that is Canada’s Official Opposition is not just bad for their supporters, but bad for the country as a whole. by The Decibel

19 min listen

Why some Nunavut elders spend their final years alone in Ottawa: Sending a loved one to an assisted-living home is never an easy choice. For the people of Nunavut, the majority of whom are Inuit, it’s even harder. The territory has 36 beds for elders in four different communities. That means 21 of its 25 fly-in communities are without any options for elder care that don’t involve sending a family member away. And some families – whose elders need more intensive care – must choose between providing all of the care themselves, or sending their loved ones to Ottawa, where there is a long-term care home that houses Inuit elders. Kelly Grant, the Globe’s national health care reporter, went to Nunavut to provide an in-depth look at health care in Nunavut and the challenges its residents face accessing it. While there, she found that the lack of elder care in the territory was one of the most common complaints and one of the hardest issues to solve. by The Decibel

21 min listen

The promises and limitations of the new COVID-19 pill: There’s a new treatment for COVID-19 in Canada. If taken at the right time during the infection, it can help keep people who have caught the virus out of the hospital. But there are some caveats. In fact, there are a lot. Carly Weeks is one of The Globe’s health reporters and she explains how the new pill from Pfizer works, who can take it and why it’s already in short supply. by The Decibel

16 min listen

Why protesting truck drivers are heading for Ottawa: Truckers are now subject to the same rules as other travellers at the border, which means they can be refused entry or required to quarantine if they are unvaccinated. Even though, according to the Canadian Trucking Alliance, there’s no reason to think truckers are less vaccinated than average, the new vaccination mandate has become the subject of vigorous political debate. It even spurred a protest in the form of a group of truckers and their supporters headed to Ottawa, calling themselves “the Freedom Convoy.” But as parliamentary reporter Kristy Kirkup explains, what’s driving the delay and shortages of some products in stores across the country is more complex than any one policy. by The Decibel

15 min listen

How Boris Johnson might survive his boozy scandal: U.K. Prime Minister Boris Johnson is on a whirlwind trip to Ukraine as his political fate is being fought in the country’s Parliament and in its press. A report, by senior civil servant Sue Gray, highlighted excessive alcohol consumption by staff and said that some of the gatherings at 10 Downing Street represented a failure in leadership during a time when the rest of the country was under strict lockdowns and expected to be doing their part to prevent the transmission of COVID-19. Now, Europe Correspondent Paul Waldie tells us what was in the report, what’s been left out, and why it might not be enough to oust a political survivor like Boris Johnson. by The Decibel

19 min listen

The new expanded powers banks have under the Emergencies Act: A big part of the federal government’s plan to end the convoy protests and blockades includes targeting the flow of money to them. Banks were granted expanded powers and liability protection as part of the Emergencies Act announcement on February 14. But how comfortable are Canadian financial institutions with policing their own customers and freely sharing information with law enforcement? Banking reporter James Bradshaw has been speaking with officials at the big banks and explains exactly how they think they’ll be proceeding under these new powers. by The Decibel

22 min listen

Why last year’s hottest stocks are cooling off: The pandemic promised a gold mine for companies like Zoom, Shopify, and Peloton. And at first, these companies did see a boost in their stock value. But the ground started to shift at the end of 2021 and now these stocks, which are often darlings of retail investors, are seeing substantial drops. Report on Business reporter and columnist Tim Kiladze explains what has led to this investor whiplash and how a lot of trading on the stock market has become detached from the actual value of some companies. by The Decibel

17 min listen

The Bank of Canada’s plan to cool inflation: In a surprising twist, at least in Bank of Canada news, the central bank decided on Wednesday to keep its key interest rate at a record low of 0.25 per cent. It was widely expected that the bank would announce a rate hike in order to cool Canada’s soaring inflation. The Governor of the Bank of Canada, Tiff Macklem, did say interest rate hikes are coming in the near future – and that means borrowing costs are also going up. Mark Rendell covers the Bank of Canada, finance and economics for The Globe. He explains what the Bank of Canada’s recent decision means. Plus, he’ll get into just how our central bank works and its role in making our economy run smoothly. by The Decibel

15 min listen

Canada vs. U.S.: Inside women’s hockey’s greatest rivalry: Canada’s women’s hockey team is going for gold at the Beijing Olympics. They’ll face off against their rivals: Team USA. It’s the sixth time these teams have met in an Olympic final. While these two teams have dominated since women’s hockey was introduced to the Olympics in 1998, other countries have struggled to keep up. Globe sports reporter, Rachel Brady, is in Beijing covering the Olympics. She’s on the show to tell us why Canada and the U.S. keep meeting in the finals, what needs to be done for women’s hockey to continue to grow and why there are still so few opportunities outside of the Olympics for these elite athletes. by The Decibel

16 min listen

Trudeau’s tough line, O’Toole’s ‘changing message’ on protesting truckers: Over the weekend, Ottawa’s Parliament Hill and downtown area saw thousands of protestors arrive as part of the “Freedom Convoy,” originally sparked by a new vaccine mandate that would impose the same restrictions on unvaccinated truckers as other travellers across the border. A smaller number remained in the capital city on Monday, blocking roads and blaring truck horns. Parliamentary reporter Marieke Walsh joins from just a few blocks away to tell us what’s happened on Monday and how federal party leaders are responding. by The Decibel

23 min listen

Canada's 'Bitcoin Widow' finally speaks: When Gerald Cotten died suddenly in 2018, he was only 30 years old, but fabulously wealthy thanks to founding Quadriga, one of the first cryptocurrency exchanges. Or at least, that’s how it seemed. His death coincided with growing concerns about the legitimacy of Quadriga. After investigating, the Ontario Securities Commission said Quadriga was run like a Ponzi scheme. More than Quadriga clients collectively lost more than $200 million. Jennifer Kathleen Margaret Roberston was Cotten’s wife, and was there when he died. And despite being at the centre of a huge scandal, she’s never spoken publicly about her husband’s fraud or death – or the suspicion it cast on her – until now. Telecom reporter Alexandra Posadzki and ROB reporter Joe Castaldo interviewed Robertson about her memoir, Bitcoin Widow: Love, Betrayal and the Missing Millions. They bring us that interview, and their expertise as journalists who’ve been covering this story from the be by The Decibel

19 min listen

What scares Sarah Polley?: Most people want to shy away from life’s hard moments. But not Canadian actor and filmmaker Sarah Polley. In her first book, Run Towards the Danger, she shares six personal essays that explore some of the most difficult moments of her life. Sarah discusses the slippery nature of memories, how her relationship with her body has changed and what it’s been like to have the world read about vulnerable moments from her private life. by The Decibel

23 min listen

The secrets behind a medal-contending ice dance performance: Canadians fell in love with the Olympic sport of ice dancing after Tessa Virtue and Scott Moir won gold at both the 2010 Winter Games in Vancouver and the 2018 Olympics in South Korea. But they’ve since retired and reigning world bronze medallists, Piper Gilles and Paul Poirier, are hoping to capture the hearts of fans and place on the podium. Timothy Moore, a videographer for The Globe, spoke with Gilles, Poirier and one of their coaches, Carol Lane, to learn about how they construct their highly technical rhythm dance routine, what they think about when they are performing and why they decided to wear bright orange spandex on the world stage. by The Decibel

14 min listen

How Colombia makes Valentine’s Day bloom in Canada: Valentine’s Day and red roses go hand-in-hand, and for those of us heading to local shops across Canada to pick up a bouquet, you might be surprised to learn those flowers most likely came from Colombia. The country is the second-largest flower exporter in the world, and they ship about 650-million stems overseas just for Valentine’s Day. Yader Guzman is a freelance photographer based in Bogota who documented the journey of some of these flowers for The Globe. He tells us how they go from greenhouses in Bogota to local stores in Canada and how this became such a huge industry for Colombia. by The Decibel

14 min listen

Hot desks are not cool with office workers by The Decibel

16 min listen

Russia and Ukraine at the brink of war: Senior international correspondent Mark MacKinnon is back in Ukraine, as officials from Canada and the U.S. — as well as military equipment from Britain — fly in to show support for Ukraine and try to dissuade Russia from invading. There’s not much indication it’s working, and as Mark explains, while there are more talks scheduled for later in the week, hope of a peaceful solution seems to be fading fast. by The Decibel

18 min listen

1.7 million warned they may have to pay back CERB relief: Three million people lost their jobs at the beginning of the pandemic. In response, the federal government introduced the Canada Emergency Response Benefit (CERB). The program provided $2,000 a month for up to seven months to people living in Canada that had stopped working because of the COVID-19 pandemic. The government paid out $81.6-billion to almost 9-million people. Two years later, 1.7 million people may have to pay some of that money back. And it’s not because of a mistake they made on their application. Erica Alini is a personal finance reporter at the Globe and she tells us why some people are being asked to pay back money, how to figure out if you are one of those people and how this isn’t the first time there’s been confusion around CERB. by The Decibel

16 min listen

Behind the food fight over rising grocery prices: Last week, Frito-Lay, which makes Lays potato chips, but also others like Miss Vickies and Doritos, stopped sending their chips to any of the stores owned by Loblaw. And since Loblaw is the biggest grocer in Canada, that’s a lot of stores: there’s Loblaws, of course, and No Frills, Valu-Mart, Provigo if you’re in Quebec – even Shoppers Drug Mart. Today, the Globe’s retailing reporter, Susan Krashinsky Roberston, will break down what the two companies are fighting over and why a lot more of these tough negotiations might be going on behind closed doors. by The Decibel

15 min listen

One Black man’s quest for parole after 30 years in prison: When Renford Farrier was given a life sentence for killing a man, he believed he’d be out on parole after 10 years. Thirty years later, he’s still in prison and believes racism is partly to blame. A Globe analysis found that Indigenous, Black and other racialized men are less likely than their white counterparts to be paroled within the first year they’re eligible. Investigative reporter Tom Cardoso explains what that analysis found, and interviews Farrier about his time in prison, why he thinks racism played a role in being denied parole, and what he plans to do when he is finally released. by The Decibel

25 min listen

What Trudeau, Ford are doing to end the convoy protests: Three weeks into the convoy protests, political leaders on all levels of government are looking at what levers they can pull. On Monday, Prime Minister Justin Trudeau invoked the Emergencies Act. Meanwhile, Ontario Premier Doug Ford is keeping the province in a state of emergency. And Ottawa Mayor Jim Watson is attempting to negotiate with the truckers who remain in residential neighbourhoods in the capital. Jeff Gray, The Globe’s Queen’s Park reporter, gives us an update of what happened over the weekend and explains the various moves Prime Minister Justin Trudeau and Ontario’s Doug Ford have made in recent days as the public’s patience wears thin on the ongoing protests and blockades at various border crossings and in Ottawa. by The Decibel

16 min listen

The early favourites in the Conservative leadership race: The race to become the next federal leader of the Conservative Party of Canada is kicking off, not long after the ousting of Erin O’Toole. Chief political writer Campbell Clark says “blast from the past” Jean Charest could have a shot at the top job, but likely isn’t the favourite. He’ll tell us who the early favourites are – including Charest, Pierre Poilievre, and Leslyn Lewis – and what this election might reveal about the identity and direction of the Conservative Party. by The Decibel

23 min listen

Dr. Bonnie Henry on what B.C. did differently during the COVID-19 pandemic: British Columbia’s health officer, Dr. Bonnie Henry, announced on Feb. 15 that the province would be easing COVID-19 restrictions. This includes removing capacity limits at gyms, restaurants and nightclubs – even dancing is back. But the province isn’t getting rid of their vaccine passport and that has set B.C. apart from places like Quebec, Ontario, Alberta, Saskatchewan and Manitoba – provinces that have decided to end vaccine mandates. It’s not the first time British Columbia has been on a divergent path from how other parts of the country have responded to COVID-19. Dr. Henry has been praised and criticized for how she’s brought the province through the pandemic. She’s on the show to tell us what’s behind some of her decisions, where she sees the pandemic going in the near future and what it’s like being the face of public health measures. by The Decibel

22 min listen

On the ground in Ukraine as the war takes a turn: Russia is gaining ground in its invasion of Ukraine. On day 7 of the war, Russia occupied Kherson, a key city in the southern part of Ukraine. Russia started targeting densely populated areas like Kyiv and Kharkiv with heavy shelling, destroying buildings and killing civilians. On March 2, Ukraine’s emergency service said the Russian invasion has killed more than 2,000 civilians in the country. Senior international correspondent Mark Mackinnon is in Lviv, Ukraine. He is back on the show to tell us what Russia’s gains mean for the people of Ukraine and whether they have a chance at holding Russian troops back. Plus, he tells us about his journey out of Kyiv as the invasion on Ukraine began. by The Decibel

21 min listen

How Black porters made Canada a fairer place by The Decibel

22 min listen

How the James Webb Space Telescope will take us back in time: It has taken billions of dollars and more than two decades to build, but the successor to the Hubble Telescope is in space and waking up. Thanks to its ability to observe infrared light, the James Webb Space Telescope is able to see way beyond Hubble’s range and further back in time. Science reporter Ivan Semeniuk explains how this new telescope works, what scientists hope to learn from it and why Canada’s contributions are critical to the mission’s success. by The Decibel

19 min listen

Russia makes its move in Ukraine: After a fiery speech on Monday, Russian President Vladimir Putin sent Russian troops across the border into Ukraine’s breakaway regions that make up the Donbas region. Western nations are reacting by imposing sanctions on Russia, with Germany going so far as to stop the certification of the NordStream 2 natural gas pipeline that Putin had hoped would deliver fuel to Europe, bypassing Ukraine. So is this move a prelude to a wider invasion? Or has the invasion started? The Globe’s senior international correspondent, Mark MacKinnon, discusses the role of diplomacy now that this conflict has moved into a more inauspicious stage. by The Decibel

18 min listen

Setting the stage for an arts comeback: The arts industry has been decimated by COVID-19 lockdowns. Performance arts like theatre, ballet and live music have been particularly hard hit. According to the Canadian Association for Performing Arts, one in four workers in the sector lost their job in 2020. Then, there’s the audience. For those who love going to see plays, listening to a favourite band live or experiencing any form of art in a social setting, the pandemic has meant losing that world. Kate Taylor is a cultural columnist and visual art critic for the Globe. She tells us how people are feeling in the industry, the hopes for a comeback and how art might one day look back and reflect on this unprecedented time. by The Decibel

15 min listen

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High interest rates and The Bank of Canada, explained

High interest rates and The Bank of Canada, explained

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