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Why your recycled clothing is destined for the trash; rental scams on the rise: CBC’s Marketplace cheat sheet

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Why recycled clothing isn’t as green as you think

 

Featured VideoWith phrases like ‘less waste in the world’ recycled clothing sounds like a great idea. But the latest CBC Marketplace investigation reveals that might not be the case.

Retail brands have gone to great lengths to satisfy growing consumer demand for sustainable clothing, but many of the companies’ labels and claims do not stand up to scrutiny, particularly when it comes to recycled materials.

CBC’s Marketplace found a number of products labelled as recycled or made with recycled materials selling at five top Canadian retailers in the Toronto area. The items were available in-store and online across the country.

While clever marketing may lead consumers to believe their new shoes or clothes are made entirely from old ones, that’s simply not the case, says George Harding-Rolls, advocacy director for Eco-Age, a U.K.-based sustainability agency.

“We’re awash in a sea of green claims that are incredibly difficult to decipher,” said Harding-Rolls. In a report for the Changing Markets Foundation called Synthetic Anonymous, he reviewed some 4,000 products from 12 online brands and found that 59 per cent of green claims are unsubstantiated or misleading. Many of those claims were tied to recycled polyester.

Experts say less than one per cent of the world’s fashion waste is currently recycled in the truest sense of the word and almost all of the recycled polyester fashion brands use is made from old plastic bottles.

“If you’re using plastic bottles, you’re actually taking bottles out of a potentially closed-loop recycling system, and then giving them a one-way ticket to a landfill disposal,” Harding-Rolls said. Read more

You can watch Marketplace’s latest investigation, “Exposing the Secrets of Sustainable Fashion,” anytime on CBC Gem.

$950 for an apartment? A steal if it’s real, but an Ontario man is now just one of the latest scam victims

Chris Norris said he thought he found an affordable rental on Facebook marketplace, but it turned out to be a scam. (Marc Doucette/CBC)

Chris Norris is running out of time to find somewhere to live.

He needs to be out of his rental in Thunder Bay, Ont., by the end of October, and being on long-term disability means his budget is tight. It’s even tighter now, after falling prey to a scammer who took a $400 deposit from him for an apartment that wasn’t real.

“It was very defeating — you’re out that money, you’re not going to get that money back, there’s no recourse,” Norris said.

Rental scams are becoming more common across Canada, according to anti-fraud interests, and scammers are rarely held accountable.

The scam against Norris took place on Facebook, when someone responded to his ad looking for a rental. They offered a unit for $950 a month all inclusive, which is a good deal in Thunder Bay’s rental market, so Norris felt he needed to do whatever it took to sign that lease.

“I got to jump the gun and make sure I’m doing everything I can to secure a place,” said Norris. “I desperately need a place because my landlord is selling where I am right now.”

After paying the $400 deposit, the person started asking for more money, which made Norris suspicious. When he went to the house for a viewing, he found someone living there who said the apartment was definitely not for rent. When Norris tried to contact the person offering the unit, they blocked him on Facebook, leaving him out $400.

If you are looking for an apartment, here are some helpful tips from the Advocacy Centre for Tenants Ontario and Interac’s Cyber Market Intelligence and Financial Crimes centre.

Red flags to look for in rental ads:

  • Seems “too good to be true” (i.e., below market rent, low price for a “luxury” unit).
  • Ad lacks specific information about the location or seems generic.
  • Advertiser is unable to show apartment in person, provides excuses.
  • Advertiser tries to create sense of urgency and requests money before showing the unit.
  • Requests payment by wire transfer, bitcoin.

Resources if you’ve been the victim of a rental scam:

  • Report fraud to the Canadian Anti-Fraud Centre on their website or by calling 1‑888-495-8501.
  • Contact your bank or the vendor you used to send the money.
  • Alert Service Canada to ensure personal information provided such as SIN aren’t used fraudulently at 1-866-274-6627. Read more 

She worked full time and after monthly bills, there was $9 left for food

Steph Finlayson posted on TikTok about her struggles to cover monthly expenses, even with a decent job and while living frugally. (Submitted)

It was a selfie video recorded and posted in a moment of extreme frustration.

Stephanie Finlayson of Woodstock, Ont., had been going over her monthly budget, trying to find a way to cover costs from food and insurance to fixing or replacing her 2005 Honda Accord.

The car, which she’s still driving, has a leaky radiator and 377,000 kilometres on the odometer. It needs more work, but her mechanic doesn’t recommend she put more money into it. He was also worried its creaky frame might not survive another trip up the hoist at his shop.

After running some numbers and having a conversation with her father about her financial situation, Finlayson put the phone on the dash and pushed record.

“I worked eight and a half hours today, knowing that it’s not enough. It won’t be enough,” she said in the video while fighting back tears.

Finlayson posted the video in September. It now has more than 9,100 shares, 64,000 likes and almost 18,000 comments.

“I posted it on TikTok but I didn’t think anybody would see it,” she said.

In the video, Finlayson, 42, tearfully explains that her fixed monthly bills are $2,701 against an income of $2,710.

“Do the math,” she said on the video. “Nine dollars a month before I pay for food.”

She feels her video surfaced a situation many Canadians are dealing with, but few are willing to speak about.

“People can relate,” she said. “People are afraid to speak up and say ‘Hey, I’m struggling.'” Read more

 

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Netflix’s subscriber growth slows as gains from password-sharing crackdown subside

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Netflix on Thursday reported that its subscriber growth slowed dramatically during the summer, a sign the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off.

The 5.1 million subscribers that Netflix added during the July-September period represented a 42% decline from the total gained during the same time last year. Even so, the company’s revenue and profit rose at a faster pace than analysts had projected, according to FactSet Research.

Netflix ended September with 282.7 million worldwide subscribers — far more than any other streaming service.

The Los Gatos, California, company earned $2.36 billion, or $5.40 per share, a 41% increase from the same time last year. Revenue climbed 15% from a year ago to $9.82 billion. Netflix management predicted the company’s revenue will rise at the same 15% year-over-year pace during the October-December period, slightly than better than analysts have been expecting.

The strong financial performance in the past quarter coupled with the upbeat forecast eclipsed any worries about slowing subscriber growth. Netflix’s stock price surged nearly 4% in extended trading after the numbers came out, building upon a more than 40% increase in the company’s shares so far this year.

The past quarter’s subscriber gains were the lowest posted in any three-month period since the beginning of last year. That drop-off indicates Netflix is shifting to a new phase after reaping the benefits from a ban on the once-rampant practice of sharing account passwords that enabled an estimated 100 million people watch its popular service without paying for it.

The crackdown, triggered by a rare loss of subscribers coming out of the pandemic in 2022, helped Netflix add 57 million subscribers from June 2022 through this June — an average of more than 7 million per quarter, while many of its industry rivals have been struggling as households curbed their discretionary spending.

Netflix’s gains also were propelled by a low-priced version of its service that included commercials for the first time in its history. The company still is only getting a small fraction of its revenue from the 2-year-old advertising push, but Netflix is intensifying its focus on that segment of its business to help boost its profits.

In a letter to shareholder, Netflix reiterated previous cautionary notes about its expansion into advertising, though the low-priced option including commercials has become its fastest growing segment.

“We have much more work to do improving our offering for advertisers, which will be a priority over the next few years,” Netflix management wrote in the letter.

As part of its evolution, Netflix has been increasingly supplementing its lineup of scripted TV series and movies with live programming, such as a Labor Day spectacle featuring renowned glutton Joey Chestnut setting a world record for gorging on hot dogs in a showdown with his longtime nemesis Takeru Kobayashi.

Netflix will be trying to attract more viewer during the current quarter with a Nov. 15 fight pitting former heavyweight champion Mike Tyson against Jake Paul, a YouTube sensation turned boxer, and two National Football League games on Christmas Day.

The Canadian Press. All rights reserved.

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All Magic Spells (TM) : Top Converting Magic Spell eCommerce Store

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