Cost of Living·FULL EPISODE

Market bubbles, electric cars — and remembering Black railway porters in Canada

We talk market weirdness, electric vehicles and Canada's future in the auto industry — and reveal the labour history of Black railway porters in this country.

The Cost of Living for February 7, 2020

A specialist works with traders on the floor of the New York Stock Exchange in early February, just as so-called "meme stocks" such as GameStop were fluctuating wildly. (Colin Ziemer/New York Stock Exchange via AP)

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Internationally, markets are hitting all-time highs, including the Toronto Stock Exchange. Financial markers — some conventional, others less so — are going up, despite the COVID-19 pandemic. The saga of GameStop, Reddit and retail investors is just one example of markets gone weird.

So is it time to worry, or just time to pay really close attention to what's happening right now?

General Motors says it's going all-electric by 2035. This could be the tipping point for the electric vehicle revolution. So will Canada's auto industry come along for the ride?

Finally, the first Black railway union in North America was formed in Canada back in 1919 — six years before that happened in the United States. It's a part of Black history in this country that still resonates today.

As Black History Month begins, we look at a part of the story told less often and how the legacy of Black porters still matters to Canadian workers today.

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