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Cost of Living·FULL EPISODE

Making money at home, sending money abroad — and what the heck is a stonk?

Young people are bearing the brunt of pandemic job losses. Plus we explain just what has been happening with so-called "meme stocks" over the past few days. And we follow the money when it comes to international remittances from the Filipino community.

The Cost of Living for January 31, 2020

CBC Radio ·
Caption
Joy Tajanlangit (left) owns a store in Calgary that helps the Filipino community send remittances to the Philippines, a practice that hasn't dropped much in Canada since the pandemic hit. Plus we explain what's happening with GameStop and the stock market. We also look at how Canada's job market isn't recovering equally for all. (Submitted by Joy Tajanlangit, The Associated Press)
Cost of Living27:30Making money at home, sending money abroad — and what the heck is a stonk?
  • The Cost of Living ❤s money — how it makes (or breaks) us.
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Young people are bearing the brunt of pandemic job losses over the last year.

We take a closer look at who is working and who isn't as the economy continues to face challenges from COVID-19 and its fallout.
Cost of Living9:59Jobs, jobs, jobs: how some Canadians are experiencing the damaged pandemic labour market more than others

Plus we explain just what has been happening with so-called "meme stocks" recently.

Why has the hottest stock been a video game store that was flirting with major challenges just a few weeks ago?
Cost of Living4:35Meme stocks and WTF is going on with $GME, $AMC, $BB and /r/wallstreetbets

Finally we follow the money when it comes to international remittances from the Filipino community. Despite the pandemic, the amount of money sent from Canada to the Philippines was relatively unchanged in 2020. 

We talk to members of Calgary's Filipino community to find out how remittance works, why it matters — and why the amount of money hasn't gone down.
Cost of Living10:12$1 billion in remittances from Canada's Filipino communities to the Philippines despite COVID-19

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