We've had an update to one of our most popular episodes -- the counterfeit toonie. Enjoy!

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They call it the "camel-toe toonie", and you will understand why as soon as you look at the front right paw of the polar bear on it. Since they were first discovered in circulation in 2020, estimates range from at least tens of thousands to likely millions of them reaching circulation.

But who is behind it? How do you counterfeit toonies at scale and get them into the banking system? And ... why toonies?

GUEST: Brent Mackie, creator of cameltoetoonies.ca, numismatist, treasurer of Waterloo Coin Society

We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:

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This episode first aired on November 14, 2024 over at In This Economy?!, our sister show at the Frequency Podcast Network. The show helps Canadians understand the systems behind their money problems so they can make informed decisions about their personal finances. If you like what you hear, please consider giving us a follow! 

The colder weather has finally arrived, and with it a big question: Is it time to put winter tires on the car? Climate change may have you questioning the necessity of winter tires, and the price tag is certainly not making that decision any easier. So we want to know, are winter tires worth the upfront cost? And what do they really do anyway? 

GUEST: Lorraine Sommerfeld, columnist with Driving.ca. 

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Many of us have a favourite garment — a sweater we've been wearing for the last ten years,  or a pair of sweatpants we throw on every night before cozying up in front of some Netflix. Then there's all those other clothes, the shirts you buy on sale that are lucky to survive ten wash cycles, or the sweaters that pill up almost instantly.  

Increasingly, it feels like more and more clothes belong to that second category. And it's not just so-called 'fast fashion' anymore, as the push to produce more for less drags down the quality of even the most reputable brands.

So why has it become so difficult to find a decent pair of pants that'll last more than a few months? And how do we fight back against a culture that increasingly sees clothing as disposable? 

GUEST: Monika Warzecha, Digital Editor at The Walrus, where she wrote about fast fashion

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The crime is horrific. The details are as bad as you can imagine. The woman at the centre of it, though? Exhibiting incredible bravery, under the worst possible circumstances. The rape trial of Gisele Pelicot's husband, and 50 other men, has transfixed the world. Not simply because of the crime itself, but because of the way Gisele has wrestled the narrative away from the ones the world all too often hears in the coverage and discussion of sex assault.

Today we'll take you inside that courtroom, with a reporter who has been covering the trial, to explain exactly what's happening within its walls, and within the justice system of France — but the impact of this case well beyond that, because Gisele Pelicot's bravery may change more than just narratives.

GUEST: Catherine Porter, international correspondent, The New York Times

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We tend to see the challenge we face in terms of raw numbers and targets that need to be hit. The number of dead from extreme weather. The all-time highs in temperature set in whatever city we're living in. The emission reduction figures we're definitely not on track to hit. And it can be depressing, and demoralizing, to say the least.

But there's good news: Focusing on the numbers doesn't change the fact that a shift to a net-zero world is inevitable now, and we're just arguing over the timeline and how much damage we'll do on the way. What if there was a way to make that transition that would also solve so many of the other problems we face? What if there was a way to do it that even the billionaires who tend to oppose typical environmental regulations would sign up for?

GUEST: Dr Elizabeth Sawin, Director of the Multisolving Institute; author of Multisolving: Creating Systems Change in a Fractured World

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If the entire online ecosystem feels like it's trying to scam you these days, well, you're not alone. And you're not wrong either. The past few years have seen a truly seismic growth in the amount of money Canadians have reported as lost to fraud, and most experts will tell you that's just the tip of the iceberg.

So what do you need to know about the most popular ones to protect yourself before you get drawn in? Where did this fraud boom come from? And why do police seem powerless to stop it? 

GUEST: Zak Vescera, Vancouver-based journalist focusing on white-collar crime, reporting for the Investigative Journalism Foundation

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It's been three years now since single-game sports betting was legalized in Canada. And since that time, it's become available...everywhere. Especially on your phone, in any number of apps, 24 hours a day. At the time there were concerns about what that easy access would do to problem gamblers. And we're finally getting a pretty clear picture of just what that has wrought.

So what can we tell about the increase in problem gambling? What did the initial legislation get right and wrong, and what's changed as we've progressed? What could we still do to protect those who struggle with betting? And with the billions in tax revenue taken in, what have governments been doing to make more resources available?

GUEST: Anthony Milton, writing in Maclean's

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With some already starting their holiday shopping, we bring you an episode from our vault on dynamic pricing. Enjoy!

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You and a friend might be given two different prices by the same website for the same item. Heck, you might be given two different prices yourself depending on where you are when you're browsing the site. It's a phenomenon that began as dynamic pricing—a computer balancing supply and demand to ensure everything was sold at a price the market was prepared to pay—but it's now gone well beyond that.

As algorithms become smarter and more advanced, and as we voluntarily offer our devices and the companies we do business with more of our information, the prices you see may take into account things like where you are, what device you're on, your shopping history and... well, everything the machine knows about you. Is this the kind of shopping experience we want? If not, what do we do about it?

GUEST: Colin Horgan, writing in The Walrus

We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:

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Or by calling 416-935-5935 and leaving us a voicemail

Or @thebigstoryfpn on Twitter

This episode first aired on November 7, 2024 over at In This Economy?!, our sister show at the Frequency Podcast Network. The show helps Canadians understand the systems behind their money problems so they can make informed decisions about their personal finances. If you like what you hear, please consider giving us a follow! 

This holiday season, about one third of Canadians are planning to either buy fewer gifts, or spend less on the gifts they do buy because they're struggling with their finances. Today, we're looking at ways to limit holiday spending without disappointing anyone.

GUEST: Shannon Lee Simmons, Certified Financial Planner (CFP), Chartered Investment Manager (CIM)  and founder of the award winning New School of Finance. 

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It's been a tough news week, let's end it on a butter note. Thieves in Guelph, Ontario—but not just in Guelph, Ontario—have been stealing hundreds of pounds of butter from grocery stores, making off with about $1,000 worth of the yellow gold with each successive heist. It's been happening for months, and the only people police managed to charge so far ... have vanished.

So why butter? Why so MUCH butter? What do you even do with a hundred pounds of butter at a time? Who's buying it and what are they using it for? And why, with so much evidence and such brazen thefts, have police not been able to stop it?

GUEST: Mark Colley, Toronto-based general assignment reporter for the Toronto Star

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In the end, it wasn't even particularly close. And now Canada and the world can only prepare for what a second term of President Donald Trump might look like. As the United States' closest neighbour, Trump's plans have the potential to impact many aspects of Canadian life—from trade to immigration to defence spending, our next federal election and much more than that.

So what should Canada do now to prepare? Is there really anything we can do? Where might Trump's biggest impact on Canada be felt? And what should Canadians expect the next four years to bring?

GUEST: David Moscrop, political writer and commentator; author of Too Dumb For Democracy

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