Easter Bunny for the Wallet; Schools vs Social Media Giants: CBC Marketplace Review | SVK News

CBC's weekly Marketplace program brings you the most important news from the world of consumer markets and health. Cocoa prices have tripled over the past year due to unfavorable weather conditions and the spread of disease among crops in West Africa, where more than 70% of the world's cocoa supply is produced.

Climate change is making your grocery basket more expensive. Chocolate, rice, and olive oil are just a few products that have become more expensive due to climate events. For example, due to droughts and diseases in West Africa, cocoa harvests have significantly decreased, leading to a tripling of its price over the past year.

In the US, significant changes are promised in the ways real estate agents are compensated, which could impact the Canadian real estate market. In Canada, two lawsuits against various real estate organizations aim to change the payment methods for realtors when selling homes.

Meta Platforms, the owner of Instagram and Facebook, as well as Snapchat and TikTok, has been hit with lawsuits due to the harm caused to students and the education system. Four of the largest school boards in Ontario are seeking approximately $4.5 billion in damages caused by social media.

All these events show how happenings in the world affect our daily lives and how important it is to keep track of news and changes in various sectors.