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Fletcher Baragar, an economics professor at the University of Manitoba, says Canada should join forces with other nations facing Trump tariff threats — like Mexico, China and potentially the European Union — in order to strengthen economic ties over the next four years. (Karen Pauls/CBC)

Global News: Buy now, pay later: A help or a hindrance?

October 17, 2025 — 

Buy now, pay later services like Klarna and Affirm allow shoppers to spread payments out over time, usually without a fee … as long as they’re paid on time. Dr. Fletcher Baragar with the University of Manitoba’s Department of Economics says the services are designed to be user-friendly. “Make it easy, make it convenient, minimal questions asked,” he said.

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