The Decibel

The Canada Mortgage and Housing Corporation has said it is no longer possible to return Canada to 2004 levels of housing affordability. We cannot build enough new housing supply to hit that target. So it’s changing its benchmark.

Rachelle Younglai covers housing and real estate for The Globe. She explains the CMHC’s new approach to affordability, what they say needs to happen to improve the cost of housing and what it means for home...

For months, the “buy Canadian” movement has inspired Canadians to shift their shopping habits away from American goods. While this has mostly been a patriotic move, some experts say recent cuts at the Food and Drug Administration, the agency responsible for inspecting 80 per cent of American food, might give Canadians another reason to think twice about buying American products at the grocery store.

Kate Helmore is The Globe’s agric...

In the social media age, it’s challenging to know what’s ‘normal’ for your finances. How are others able to afford lavish trips and expensive dinners? Are your friends getting ahead while you’re left behind? Will you be able to afford your long-term goals? This confusion has inspired a new term – money dysmorphia. And for some, this disconnect can mean worry, low self-esteem and a you-only-live-once spending mentality.

Shannon Lee S...

This week, Prime Minister Mark Carney has been in Europe for a series of meetings that are focused on strengthening ties. On Monday, he was in Brussels, Belgium, to sign a new defence partnership with the European Union. Mr. Carney then went to The Hague, in The Netherlands, to attend the NATO summit. Between the war in Ukraine and U.S. involvement in the conflict between Israel and Iran, a lot is at stake.

Kerry Buck was Canada’s a...

On Friday, the Liberals’ controversial Bill C-5 was passed by the House of Commons — it’s the only legislation to pass, ahead of Parliament rising for the summer.

Bill C-5, the One Canadian Economy Act, aims to remove barriers to interprovincial trade, fulfilling Prime Minister Mark Carney’s promise to do so by Canada Day. But the legislation would also give Carney’s cabinet the power to quickly approve big industrial projects deeme...

This weekend, the U.S. struck three Iranian nuclear facilities, as it warned Iran about its nuclear capabilities and attacks against Israel. U.S. President Donald Trump called the bombing mission “a spectacular military success” and threatened “future attacks” if a nuclear peace deal was not made.

The Globe’s international affairs columnist, Doug Saunders, joins The Decibel. He explains how the U.S. got involved in this conflict, wh...

Sage Morin’s life changed on May 19, 2013. A tragedy altered her family forever, and Sage was left to pick up the pieces, all while navigating her own deep grief and a complicated legal system.

More than a decade later, the trauma of her loss has become a badge of resilience and healing. Sage’s transformation is literal: She enters a wrestling ring, donning the character of a proud Cree fighter, inspiring a new generation of Indigen...

This year is off to a bad start for wildfires. To date, more than 40,000 people have had to evacuate their homes, and both Manitoba and Saskatchewan declared provincial states of emergency. Even people in communities thousands of miles from the fires have faced hazardous smoke.

Temur Durrani has been covering this year’s wildfires for The Globe. He joins us to talk about how wildfires in the summer have become the new normal and why...

Every year, some of the world’s most powerful leaders meet to discuss political and economic issues in the G7 summit. This year’s meeting, held in Kananaskis, Alberta, wrapped up on Tuesday. It was also the first G7 summit for Prime Minister Mark Carney.

The G7 offered an opportunity for leaders to try to improve relations with U.S. President Donald Trump, whose second term has been marked by tensions and trade wars. After increasin...

The long shadow war between Israel and Iran is now out in the open, as pressure mounts over a nuclear peace deal pushed by the U.S. and President Donald Trump. The growing conflict reached its fourth day – Israel continued its bombardment of Iranian cities and infrastructure, while Iran’s missiles evaded Israel’s aerial defence system and hit targets in the country. More than 200 Iranians have been killed so far, while at least 24 ...

Right now, the Canadian job market is tough. Unemployment is the highest it’s been since 2016, excluding the pandemic lockdown years. Young people and new grads are facing especially bleak job prospects. They’re worried not just about their employment, but also their future careers and long-term financial planning.

Meera Raman is the retirement and financial reporter for The Globe and Mail. She’s on the show today to explain why the...

Having social media accounts hacked is stressful. Usually, companies have formal channels for users to regain access. But for Meta platforms like Facebook and Instagram, some users say the social media giant isn’t responding.

Now, a new kind of broker has sprung up, helping people locked out of their accounts connect with a Meta employee or contractor who can expedite their request … for the right price. In 2022, Meta fired or disci...

Is expropriation, or forcing corporations to sell apartments to the government, a way to ease the housing crisis? Berlin seems to think so. In a landmark referendum back in 2021, the majority of Berliners voted ‘yes’ to forced sales, calling for the government to buy 240,000 apartments owned by some of Berlin’s mega landlords - whether they want to sell or not. Some call the strategy “radical” but needed. Others say it’s unconstitu...

Bill C-2, also known as the Strong Borders Act, is one of the first pieces of legislation by Prime Minister Mark Carney’s government. The 140-page bill proposes a series of enhanced powers for law enforcement and major changes to how the government processes some asylum claims and immigration applications.

Sara Mojtehedzadeh is an investigative reporter at The Globe who writes about immigration and refugees. She explains the details...

More than three years on, the war between Russia and Ukraine shows no signs of slowing. Ceasefire talks have stalled. Last week, Ukraine landed one of its biggest blows against Russia, when it smuggled drones inside Russian territory and destroyed or severely damaged more than 40 Russian warplanes. Russia hit back with some of its heaviest bombardment yet.

Ukraine’s demands for a ceasefire deal include returning the Ukrainian childr...

On Monday, closing arguments are set to begin in the trial of five former members of Canada’s 2018 World Junior Hockey Team. Michael McLeod, Dillon Dubé, Carter Hart, Cal Foote and Alex Formenton were charged with sexually assaulting a woman known publicly as E.M. in London, Ont. in June of 2018. Michael McLeod also faces a second charge of being a party to sexual assault. All five men have pleaded not guilty.

Rachel Giese is the au...

Maryam Fatima was born with a condition called hemimegalencephaly, a rare birth defect where one side of the brain is abnormally large. She suffered from severe seizures from the moment she was born. They became so bad that they stopped Maryam from feeding, sleeping and breathing. Her life was at risk.

That’s when a team at the Hospital for Sick Children in Toronto decided to attempt a first-in-Canada procedure to save Maryam’s life...

On Tuesday, U.S. President Donald Trump signed a new executive order that raised tariffs on steel and aluminum from 25 per cent to 50 per cent. One Canadian steel producer said this means that their American business is now ‘unviable’.

Jason Kirby is a staff reporter for The Globe’s Report on Business section. He explains why these higher steel and aluminum tariffs could mean higher prices on nearly everything, and what may have con...

This week, Prime Minister Mark Carney announced Ottawa’s plans to fast-track infrastructure projects. The effort aims to bolster the Canadian economy, as our trade war with the U.S. stretches on. Provinces are also in a rush to expedite project approvals and reviews — the controversial Bill 5 is currently working its way through the Ontario legislature, and B.C. just narrowly passed Bill 15.

Some Indigenous nations and leaders, alon...