Blogs & Comment

Winners & Losers: Taylor Swift dumps Spotify, Stephen Poloz irks Gen Y

♫ We are never, ever ever getting back together ♫

 Taylor Swift

Stream queen

Taylor Swift

OMG Taylor Swift totally just broke up with Spotify :(. This week, the recording artist and her record label pulled all of her albums from the popular streaming music service, which has been accused in the past of paying meagre royalties to musicians. Swift is one of the few artists in the world big enough to pull off such a power move. Her latest album, 1989, is expected to surpass one million sales in its first week, only the 19th album to ever do so. Swift has made her distaste of streaming services known before, penning an op-ed in the Wall Street Journal that claimed, “Piracy, file sharing and streaming have shrunk the numbers of paid albums drastically.” Her reasoning was, at times, befuddling: “The value of an album is, and will continue to be, based on the amount of heart and soul an artist has bled into a body of work, and the financial value that artists (and their labels) place on their music.” So the financial value of an album is based partly on…its financial value. Regardless, she’s left Spotify as heartbroken as ex-boyfriend Harry Styles. The company posted an awkward and slightly creepy plea on its blog for her to come back. “Taylor, we were both young when we first saw you, but now there’s more than 40 million of us who want you to stay, stay, stay. It’s a love story, baby, just say, Yes,” it read. On the bright side, Spotify is now the one place you can go to escape the musical bleating of Taylor Swift.

 Stephen Poloz

“Volunteer” at the local Burger King

Stephen Poloz

Kids today. They just don’t have the gumption to get out there and make a buck. That’s probably why the country’s youth unemployment rate stands at 13.5%. Bank of Canada Governor Stephen Poloz knows the score: “I bet almost everyone in this room knows at least one family with adult children living in the basement,” he said this week. “I’m pretty sure these kids have not taken early retirement.” Ha ha! Right on, Poloz! It’s about time someone called out the epidemic of loafing, basement-dwelling man-children holding back our economy. He’s got some advice for youth struggling to find jobs, too. “I say, look, having something unpaid on your CV is very worth it…Get some real-life experience even though you’re discouraged, even if it’s for free.” Working for free—such a simple solution. This is why we pay Poloz more than $430,000 per year, folks. Although, come to think of it, not all young people are so lucky as to live rent-free with their parents while searching for work, and need to make money to, you know, buy food and shelter. And such advice might only encourage employers to take further advantage of desperate, young workers through unpaid internship programs. We like you, Poloz, but maybe you should have thought this one through.