Down to Business

What you need to know about Canadian business this week in under 30 minutes. Hosted by the Financial Post's Gabe Friedman.

Business
News
Business News
1
What the U.S. EV tax credit means for Canada
Flavio Volpe explains how the U.S. infrastructure bill will affect Canada's auto industry
21 min
2
Why blockchain development technology is crucia...
Ethan Lou explains why he thinks blockchain technology holds so much promise
23 min
3
Canada's biggest risk in green transition is mi...
Rachel Samson, research director for clean growth at the Canadian Institute for Climate Choices, talks about the COP26 summit
18 min
4
Why the post-pandemic economy is humbling forec...
This week on Down to Business, Beata Caranici, chief economist of TD Bank, talks about the uncertainty the economy is facing as it struggles to emerge from the pandemic.
23 min
5
Why Calgary's new mayor wants to declare a 'cli...
This week on Down to Business, host Gabriel Friedman talks with Calgary's first female mayor Jyoti Gondek about the polarization around climate change and fossil fuels and how she plans to attract investors to the city’s burgeoning cleantech economy.
15 min
6
This tech company grew fivefold in just over a ...
This week on Down to Business, Lightspeed CEO Dax DaSilva talks about his company's remarkable growth spurt, how it is attracting and keeping talent and why Canada is actually an amazing place to headquarter your tech company.
19 min
7
Addressing single use plastics left behind by t...
This week on Down to Business podcast, Megan Takeda-Tully talks about starting a company during a pandemic, the challenges of her endeavor and what’s at stake
14 min
8
Canada's unemployment is high but the number of...
This week on Down To Business, Prof. Jennifer Robson talks about whether employers may end up hiking wages, the labour shortage and the Canada Recovery Benefit.
16 min
9
Canada is addicted to high-rising home prices —...
This week on Down To Business Prof. Paul Kershaw talks about how rising real estate prices are distorting Canada’s economic growth and hurting younger generations.
21 min
10
Uncovering Canada's role in supporting slavery ...
This week on Down to Business, University of Toronto's Padraic Scanlan talks about the controversy around Henry Dundas and some unsettling chapters of Canada’s past.  
18 min
11
'That world is over:' Airbnb CEO on how the pan...
This week on Down to Business Brian Chesky, co-founder and CEO of Airbnb, talks about how his tech startup survived the most disruptive time for travel since World War II — and came out stronger
33 min
12
How facial recognition technology impacts our d...
This week on Down to Business, Wendy Wong, a professor of political science at the University of Toronto where she is also a research lead at the Schwartz Reisman Institute for Technology and Society and Canada Research Chair in Global Governance and...
19 min
13
Smaller housing markets set for a shock when li...
With the Federal Election around the corner, leaders are rolling out their political platforms, including promises on housing and affordability. This week on Down to Business we talk to John Pasalis, president of Realosophy, about whether government...
12 min
14
'The pandemic is going to be a catalyst to chan...
This week on "Down to Business," Deloitte chief economist Craig Alexander talks with Financial Post's Larysa Harapyn about the election issues dominating Canada's economic landscape: the recovery, underinvestment in business and infrastructure, and...
18 min
15
The jobs most at risk of being transformed by a...
This week on Down to Business, Natalia Mishagina, research director at the Institute for Research on Public Policy in Montreal, where she focuses on the future of skills and adult learning, speaks with host Gabriel Friedman to discuss technology's...
15 min
16
Pave paradise … how parking lots are choking ou...
This week on Down to Business, urban planner Ashley Salvador talks about how Edmonton, a city with 50% more parking than it needs, is the first city in Canada to ditch minimum parking requirements. Most cities have way more mandated parking than...
19 min
17
People need to accept that Canada is the fourth...
This week on Down to Business, Seamus O’Regan, Canada's Minister of Natural Resources, talks about the importance of the oil and gas industry to the economy and why he believes the carbon tax is the “most elegant solution” to emissions. 
21 min
18
'We're in trouble:' Ag expert warns there's no ...
This week on Down to Business, Lenore Newman, director of the Food and Agriculture Institute at University of the Fraser Valley, explains what climate change and extreme weather mean for Canada’s food supply.
21 min
19
The huge human, social and economic costs of go...
This week, on Down to Business, Heather Reisman, chief executive of Toronto-based Indigo Books and Music Inc. speaks with host Gabriel Friedman about how her business fared during the pandemic, when customer browsing abruptly came to a halt.
19 min
20
Deciphering the mysteries of the pandemic job c...
This week on Down to Business, Fabian Lange, Canadian Research Chair in Labour and Personnel Economics at McGill University, talks about how the pandemic has affected employment across Canada.  
14 min
21
Canada can't escape China, so here's how it can...
This week, on Down to Business, Sharon Zhengyang Sun, trade policy economist for the Canada West Foundation, and a distinguished fellow for the Asia Pacific Foundation of Canada, speaks to host Gabriel Friedman about the implications of Canada’s...
18 min
22
Not since Expo '67: pandemic leads to first tra...
This week on Down to Business, David Jacobson, a former U.S Ambassador to Canada, talks about the economic impact, both directly and indirectly, of closing our borders with our biggest trading partner.
16 min
23
'Stark, unmistakeable and tragic': The failure ...
This week Down to Business talks to Alex Himelfarb, a former clerk of the privy council, about why more than two-thirds of Canada's deaths during the COVID-19 crisis occurred in long-term care homes, 50 per cent more than in other OECD countries.
14 min
24
Canada is showing the world how carbon pricing ...
This week on Down to Business, Yale economist William Nordhaus discusses the economics of climate change.
19 min
25
Death of the office, no. But there will be an e...
This week on Down to Business, Financial Post's Larysa Harapyn talks to RioCan CEO Jonathan Gitlin about how the pandemic is changing the commercial real estate landscape.
16 min
26
Canadian restaurants closed for more than 365 d...
As we look forward to a summer of possibly "getting back to normal," businesses struggle with the prospect of reopening, only to close again. In this first of a two-part series on reopening, Down to Business talks to Todd Barclay, CEO of Restaurant...
17 min
27
Working from home and the office not as easy as...
This week Down to Business talks to workplace expert Doron Melnick who says a hybrid between working from home and in the office could be the best of both worlds. But before we get there employers need to address the challenges of integrating a...
14 min
28
Myths about Canada's pandemic 'recession': Spro...
This week, on Down to Business, Ian Lee, an associate professor of Management at Carleton University’s Sprott School of Business, offers his passionate take on how Canada has squandered precious resources on a recession that wasn't a recession.  
17 min
29
Why everybody is stressing out about rare earth...
This week on Down to Business, Neo Performance Materials CEO Constantine Karayannopoulos talks about brewing international tensions over rare earths and why we need them for the future.  
20 min
30
ESG 'fantasy' distracts from real climate chang...
This week on Down to Business,Tariq Fancy, the former chief investment officer for sustainable investing at Blackrock, explains how he became a cynic about ESG investments.
21 min
31
How 'urban mining' could someday replace pullin...
This week on Down to Business, Li-Cycle's Ajay Kochar talks about the race to remake the North American recycling landscape.
15 min
32
Forget bubbles, Canada has a housing affordabil...
High home prices and child care costs hurt Canada more than people think, economically hampering our next generation of workers and spenders, warns Manulife's chief economist.  
28 min
33
Days are numbered for fossil-fuel cars. Is Cana...
This week, on Down to Business, Brian Kingston, president and chief executive of the Canadian Vehicle Manufacturers Association, and Benjamin Sharpe, a senior researcher and Canada Regional Lead at the International Council on Clean Transportation,...
18 min
34
'Amazing economic opportunity for Canada' in Bi...
This week on Down to Business Clean Energy Canada's Sarah Petrevan talks about the economic imperative of nations going green. Canada, she says, is uniquely positioned to benefit from U.S. President Joe Biden's plan to transition to a low-carbon...
18 min
35
Watch for more fallout as tensions between Chin...
This week, on Down to Business, Wesley Wark, an expert on national security and intelligence, explores the nature of Canada’s tensions with China.
13 min
36
CP's 'historic and transformational' merger cou...
This week, on Down to Business, it’s a story about creating the first transcontinental railroad, the corporate titans who invest in rail, the North American supply chains and trade they serve and about Hunter Harrison, who transformed the industry....
22 min
37
'Big, big changes' in the pipeline as COVID acc...
This week on Down to Business, Jumana Saleheen, chief economist for the commodity research firm CRU, talks about the impacts, paradoxes and opportunities in the transition away from fossil fuels.
15 min
38
Pandemic showed the inability of the world to a...
This week on Down to Business, to mark PDAC's virtual mining conference, Barrick Gold CEO Mark Bristow explains why he does not think the crisis is over and how the gold industry still has a lot of work to do.
24 min
39
Buttergate, the Canadian dairy controversy that...
This week Down to Business talks to Sylvain Charlebois, professor and director at the Dalhousie University's Agri-Food Analytics Lab, about 'Buttergate,' the hard butter controversy that cast a global spotlight on Canada's dairy business.  
18 min
40
COVID-weary Canada should brace for 'worst wave...
This week Down to Business looks at how we are coping with the pandemic one year on and the challenges of vaccine rollout in Canada, perhaps the single biggest issue right now affecting the economic recovery
26 min
41
How Alberta's old oil wells could feed the worl...
This week on Down to Business, Chris Doornbros explains how his company Calgary-based E3 Metals is working on technology to extract lithium from old oil and gas reservoirs in Alberta, and how this process could help revolutionize the way we use...
17 min
42
Brace yourself for 'very dismal' economic numbe...
Deloitte chief economist Craig Alexander talks about what lies ahead as we battle a second wave of the coronavirus and how the pandemic's legacy will be deep economic scars, but also opportunities and innovation.    
19 min
43
Market manipulation or David vs Goliath? Unpack...
This week on Down to Business, host Gabriel Friedman talks to two financial experts with very different takes on the wild run-up in stocks brought on by Reddit message boards and online trading.
30 min
44
David Dodge on the challenges ahead for Canada'...
This week on Down to Business, economist David Dodge, former governor of the Bank of Canada, talks about missed opportunities during the pandemic and how the government now must find a way to invest money so that it increases the country’s productivity.
18 min
45
'Real potential for on-going terrorist acts' in...
This week on Down to Business, Carleton political science professor Laura Macdonald talks about the angry mobs storming the Capitol and what U.S. instability means for Canada, and for the North American regional economy.
11 min
46
Outlook for the economy brighter than many thin...
This week on Down to Business CIBC senior economist Royce Mendes tells us why he is more optimistic than many of his peers and how the economic recovery is already within sight.
20 min
47
How COVID will change how small business is con...
This week on Down to Business Andy Yan of Simon Fraser University, who has earned a reputation as a keen observer of trends in real estate and small business, talks about how the pandemic has interrupted, accelerated and amplified trends and what our...
16 min
48
Hoping 'this nightmare will be over soon': On t...
On this week’s episode of Down to Business, Trevor David, the owner, and self-described “chief cook and bottlewasher” at The Art of BBQ smokehouse in locked-down Toronto, describes how restaurants who have had their business cut by more than...
17 min
49
The 'inspiration and anxiety' of running a high...
This week on Down to Business, Maple Leaf Foods CEO Michael McCain, a billionaire known for his ability to handle a crisis, says 2020 has generated new levels of anxiety and inspiration.  
22 min
50
The best way to get people the help they need i...
This week on Down to Business, Shari Eli, an economist at the University of Toronto, explains what history says about the long-term effects of welfare and work programs and talks about the recovery from the pandemic and who is affected most.
18 min
51
Misconceptions about the COVID vaccines now hit...
This week on Down To Business, Tom Blackwell, a reporter for the National Post, talks about how we are not getting the whole story on the new COVID-19 vaccines and how it’s a mistake to think they can end the pandemic.
20 min
52
Canada could be stuck with holdovers from Trump...
This week, on Down to Business, Meredith Lilly, a former trade adviser for Stephen Harper, discusses how Canada’s trade relationship with the U.S. has evolved.
22 min
53
Stephen Poloz on interest rates, our oil indust...
This week on Down to Business, the former governor of the Bank of Canada talks about the state of Canada’s affairs, including its economic recovery and any potential impacts from the U.S. election.
33 min
54
What went wrong with Ontario's COVID-19 testing
On this week’s Down to Business, the National Post's Richard Warnica talks about how the province has not been able to meet its testing needs and the lack of foresight behind it.
22 min
55
How luxury parka maker Canada Goose filled a cr...
This week, on Down to Business, Dani Reiss, chief executive of Canada Goose, talks about how his company stepped up when the country found itself facing a critical shortage of personal protective equipment.
23 min
56
Unpacking the ugly conflict over lobster fisher...
This week on Down to Business, Dalhousie’s Megan Bailey sets the record straight on the historical, legal and environmental facts of the dispute that has sparked shocking violence in southern Nova Scotia.  
25 min
57
Will Canada's housing friendly recession last? ...
This week on Down To Business, Gabriel Friedman talks to CIBC Deputy Chief Economist Bejamin Tal about how high housing prices in the middle of one of the worst recessions in history have exposed Canada’s income inequality crisis and where the...
22 min
58
Oil’s demise will be more gradual than many ima...
This week on Down To Business, Gabriel Friedman talks to pulitzer prize-winning analyst Daniel Yergin on the future of energy and Canada’s oilsands and how pipelines have become the new political battleground.
22 min
59
How Canada can pull from behind the curve to a ...
This week on Down to Business, Cedric Smith, an analyst at the clean energy think tank, Pembina Institute, talks about the opportunities for this country in the green economy.
15 min
60
Oil and Blood: Saudi Arabia's crown prince pose...
This week, on Down to Business, Justin Scheck, a reporter at the Wall Street Journal and co-author of Blood and Oil, a new book about Saudi Arabia, discusses how the oil-rich nation is trying to diversify its economy. The book takes a closer look at...
21 min
61
How consumer behaviour has changed during COVID...
The last recession gave birth to the gig economy, in which companies like Airbnb and Uber convinced people to monetize their houses and cars. COVID will make changes too, in commerce and beyond. This week, on Down to Business, Anindya Sen, an...
18 min
62
Why the world’s resource king is so interested ...
BHP Group, one of the world’s largest mining corporations, is known for iron ore and copper, petroleum and coal, not potash. But that may be changing. This week on Down to Business, host Gabriel Friedman talks to BHP’s new chief executive Mike...
21 min
63
Conflicting data show this recession is anythin...
Despite a record drop in economic activity, 2020 is set to be a bumper year for growth in disposal income — what gives? This week on Down to Business host Gabriel Friedman talks to Conference Board of Canada chief economist Pedro Antunes about the...
18 min
64
What Chrystia Freeland brings to the table as C...
Canada’s finance minister Bill Morneau abruptly resigned last week in the middle of one of worst economic crises since the Second World War. His replacement, deputy prime minister Chrystia Freeland, has strong experience on Parliament Hill but less...
18 min
65
What record high gold prices mean for mining co...
On this week’s Down to Business, host Gabriel Friedman speaks with Agnico Eagle Mines Ltd. CEO Sean Boyd about what it’s been like to run a gold company amid a pandemic and record gold prices.
22 min
66
What the decision whether to reopen schools thi...
On this week’s Down to Business, as part of our series on Reopening Canada, Clementine Van Effenterre, an assistant professor of economics at the University of Toronto, talks about how the pandemic is affecting working families and what that means...
17 min
67
How consumer behaviours are changing as a resul...
On this week’s Down to Business, Ernie Johannson, group head of personal and business banking in North America for BMO Financial Group, speaks to host Gabriel Friedman about shifting consumer habits and describes the initial challenges of trying to...
14 min
68
We’re going to be living in a deflationary worl...
On this week's Down to Business, Irene Lauro, a senior economist at Schroders, explains the ripple effects of “reshoring” and how deflation is a top concern for economists as the recovery moves forward.
15 min
69
How the world of work is changing in Canada for...
This week on Down to Business, Jaqui Parchment, chief executive of Mercer Canada, one of the largest human resources consulting firms in the world, talks to Gabriel Friedman about what’s happening in workplaces throughout the country, whether in the...
23 min
70
The Canadian economy is reopening, get ready fo...
On this week's Down to Business, CIBC chief economist Avery Shenfeld talks to host Gabriel Friedman about the shape and speed of the recovery. While some sectors will rebound quickly, a second big chunk of the economy will see a very shallow recovery...
20 min
71
How the COVID-19 pandemic could – and should – ...
This week on Down to Business, G Adventures founder Bruce Poon Tip talks to host Emily Jackson about how COVID-19 has affected his business and how he believes the travel industry should evolve once people are free to move around again.
22 min
72
How corporate Canada can address systemic chall...
Nadine Spencer, president of the Black Business and Professional Association, talks to host Emily Jackson about the ongoing challenges faced by Canada’s black business community and what can be done to improve access to capital and diversity in the...
18 min
73
New leader takes helm of Bank of Canada in the ...
Financial Post columnist Kevin Carmichael talks to host Emily Jackson about the legacy of outgoing Bank of Canada governor Stephen Poloz, the decision to replace him with Tiff Macklem, what the bank needs to focus on going forward and why leadership...
23 min
74
‘Health and Safety is the new Black’: How COVID...
This week on Down to Business, Retail Council of Canada CEO Diane Brisebois talks with host Emily Jackson about the challenges facing retailers as they re-open and how between 25% and 30% may never come back.  
21 min
75
Goodbye office space, hello suburbs: Canadian r...
This week on Down to Business, Ryerson University real estate management professor Murtaza Haider talks to host Emily Jackson about the pandemic’s impact on housing and rental prices, how the shift to working from home could affect real estate in...
25 min
76
Screen time is way up, and this Vancouver produ...
Demand for entertainment has skyrocketed during the pandemic shut-in. Thunderbird Entertainment chief executive Jennifer Twiner-McCarron talks to host Emily Jackson about how her company has been able to thrive even with employees working from home...
16 min
77
Canada’s auto industry gears up to go back to w...
Auto sales are down 75% as the industry struggles with closed dealerships and shuttered factories. This week on Down to Business, Honda Canada’s new chief executive Jean Marc Leclerc discusses the impact of the COVID-19 pandemic on the auto sector...
17 min
78
Shockproofing Canada: How business can prepare ...
As COVID-19 continues to wreak havoc on people and economies around the world, Canada’s business community is starting to ask – what can we do to better prepare before the next crisis hits? Conference Board of Canada senior economist Julie Ades...
19 min
79
How farmers are taking the brunt of meat indust...
This week on Down to Business, host Emily Jackson talks to food market analyst Kevin Grier about why the meat industry was one of the first hit by the novel coronavirus outbreak in China, how big is the risk of a meat shortage and why this break in...
22 min
80
Shockproofing Canada: Why our drug supply can’t...
Canadian Generic Pharmaceutical Association president Jim Keon joins Down to Business host Emily Jackson to discuss the vulnerabilities in Canada’s drug supply chain during the pandemic, which has led to a run on drugs hospitals use to sedate...
18 min
81
Why Canada’s economy must reopen gradually to a...
This week on Down to Business, the CEO of the country’s largest community credit union talks to host Emily Jackson about how COVID-19 has affected members, the government’s response to the crisis, the lessons financial institutions can learn and...
27 min
82
Shockproofing Canada: How secure is our food su...
Canadian Federation of Agriculture president Mary Robinson joins Down to Business host Emily Jackson to discuss how the coronavirus pandemic exposed vulnerabilities in our food system and what lessons Canada can learn from the crisis.
20 min
83
As internet and phone usage skyrockets amid cor...
This week on Down to Business, host Emily Jackson talks to Telus executive Jim Senko about how telecoms are grappling with the huge boost in demand because of the pandemic shutdown and the industry’s earlier view on Ottawa’s push for a 25% price...
26 min
84
Shockproofing Canada’s energy sector: Former Sa...
Former Saskatchewan Premier Brad Wall joins Down to Business host Emily Jackson to discuss what energy self-sufficiency would look like in Canada and how the government could take action to create such a strategy. This special episode of Down to...
21 min
85
How Canada’s billions in coronavirus emergency ...
CIBC tax expert Jamie Golombek talks to host Emily Jackson about new benefits designed to help Canadians weather the coronavirus crisis financially and how to access them.  
23 min
86
Meet the small manufacturers scaling up to buil...
Ventilators, surgical masks and testing kits have become hot commodities as countries race to buy up the medical equipment needed to fight the coronavirus pandemic. Host Emily Jackson talks to the small Canadian manufacturers who are stepping up to...
18 min
87
How coronavirus market chaos compares to 2008 f...
Watching the stock market these days is like looking at a falling elevator — and investors are starting to panic. Personal finance columnist Jonathan Chevreau joins host Emily Jackson with advice on how best to ride out this storm
19 min
88
Just how bad will the coronavirus pandemic be f...
BMO Financial Group chief economist Doug Porter joins host Emily Jackson to talk about the unprecedented turmoil the Canadian economy is already going through from the impact of coronavirus shutdowns and what it faces ahead.
17 min
89
Why Canada needs more women in finance (Women i...
Canada lags the G7 on promoting women in leadership roles. Only four per cent of companies listed on the TSX have a female CEO and 15 per cent a female chief financial officer. This week on Down to Business, Women in Capital Markets chief executive...
23 min
90
The inside story of Bombardier's asset sales (C...
Bombardier chief executive Alain Bellemare joins host Emily Jackson on this week’s Down to Business to talk about why the one-time Quebec manufacturing giant sold off major assets to focus exclusively on business jets
25 min
91
How rail blockades are connected to cancelled $...
This week on Down to Business, Financial Post resources reporter Gabe Friedman joins host Emily Jackson to discuss how the Wet’suwet’en rail blockades are connected to Teck Resources' decision not to build a $20-billion oilsands mine in Alberta,...
19 min
92
How we will be using drones in five years (Dron...
Drones are poised to be a big future player in the logistics and delivery business, whether they drop off pizza on your doorstep or carry replacement parts to offshore oil rigs. Drone Delivery Canada CEO Michael Zahra talks to host Emily Jackson about...
21 min
93
What makes Canada’s real estate market tick (Re...
This week on Down to Business, host Emily Jackson speaks with Re/Max Canada owner operator Pamela Alexander about the boom in real estate agents, how technology may disrupt how homes are bought and sold, and where she sees the real estate market going...
20 min
94
How Canada’s online grocery market could grow t...
Canadians buy almost everything online these days, yet we have lagged behind other countries when it comes to purchasing groceries over the internet. This week host Emily Jackson talks to Goodfood CEO Jonathan Ferrari about how that trend is turning,...
21 min
95
Powersports therapy: Inside the astonishing suc...
Seventeen years ago BRP was split from its parent company Bombardier; today its market value is almost twice as much. BRP CEO José Boisjoli talks to Down to Business host Emily Jackson about how they did it and what’s next  
18 min
96
Stock market bonanza due for ‘interruption’ of ...
The stock market is on fire this year even as economic indicators remain on the shaky side. Exuberance on one hand, skepticism on the other. Manulife chief economist Frances Donald talks to host Emily Jackson about how she sees the year unfolding for...
20 min
97
What’s in store for Canada’s energy sector in 2...
On this week's Down to Business, host Emily Jackson speaks with Jackie Forrest, senior director at the Arc Energy Research Institute, about some of the pressing issues facing the country’s oil and gas sector, from rising tensions in the Middle East...
23 min
98
Top takeaways from the Canadian business world ...
Financial Post editor Nicole MacAdam is moving on to become editor-in-chief of the Ottawa Citizen and Ottawa Sun. In this Down to Business bonus episode, she talks with host Emily Jackson about the important trends she has seen over the past four...
8 min
99
One trillion reasons investing will change in t...
On this week’s Down to Business, Joanna Rotenberg, group head of BMO wealth management, talks to host Emily Jackson about three sweeping changes coming in the next decade, how investment strategies will evolve and where the smart money is going in 2020.
20 min
100
How Canada's economy fared in 2019
This week on Down to Business, Financial Post national business columnist Kevin Carmichael joins host Emily Jackson to discuss Canada’s economic performance in 2019 and what it says about 2020.
23 min