Bruce Sellery

Bruce Sellery, CEO of Credit Canada and author of "Moolala," discusses the alarming debt crisis in Canada. He shares insights on how personal experiences, such as divorce and rising living costs, can dramatically impact financial health. Bruce emphasizes the importance of understanding credit scores and offers practical advice for managing debt. With a background in journalism, he explores the emotional connections to money, highlighting the need for empathetic financial education to empower individuals in reclaiming their financial lives.

We’re in Toronto in Canada, North America's second-biggest financial centre after New York, where so-called ethical investing has become big business, with many investors choosing funds they believe are better for people and the planet. But amid growing concerns about misleading environmental claims, it can be hard to know what’s genuinely ethical and what’s just clever marketing. We explore how politics is reshaping corporate commitments and hear from campaigners and regulators working to crack down on financial greenwashing.If you wouild like to get in touch with the team, our email address is businessdaily@bbc.co.ukPresenter: Megan Lawton Producer: Sam GruetBusiness Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.Each episode is a 17-minute deep dive into a single topic, featuring expert analysis and the people at the heart of the story.Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, why bond markets are so powerful, China's property bubble, and Gen Z's experience of the current job market.We also feature in-depth interviews with company founders and some of the world's most prominent CEOs. These include Google's Sundar Pichai, Wikipedia founder Jimmy Wales, and the CEO of Starbucks, Brian Niccol.(Photo: Sustainability consultant Lindsay Hampson works with companies around the world, helping them navigate ESG frameworks. Credit: Jon Evans)

Shannon Lee Simmons, a certified financial planner and founder of the New School of Finance, and Bruce Sellery, CEO of Credit Canada, dive into the pitfalls of buy now, pay later (BNPL) services. They discuss how these tempting offers can lead to overspending, especially among younger consumers facing cash flow pressures. The duo highlights psychological aspects, like emotional spending, and the potential mental health toll of accumulating debt. They also provide tips on using BNPL wisely and the importance of setting spending boundaries.