Shows / How Canadian Markets Work
How Canadian Markets Work
Most financial content is trying to sell you something. This isn't.
How Canadian Markets Work is a series about the machinery underneath Canadian
finance — how capital actually moves from people who have it to people who need
it, and who takes a cut along the way.
Each episode is about twenty minutes and covers exactly one idea. Not three. One.
Your hosts John and Jane work through it in conversation: John explains how the
structure is built, Jane asks the question you were already thinking and…
Episodes
How Canadian Markets WorkEpisode 14: Registration Categories | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Not everyone who gives investment advice in Canada is…
How Canadian Markets WorkEpisode 13: CIRO and Supervised Self-Regulation | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! The Canadian Investment Regulatory Organization (CIRO)…
How Canadian Markets WorkEpisode 12: The CSA and the Passport System | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Canada has no single national securities regulator…
How Canadian Markets WorkEpisode 11: Why Canada Has No National Regulator | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we explain Canada's unusual…
How Canadian Markets WorkShort Selling | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we dissect short selling: borrowing…
How Canadian Markets WorkEpisode 9: Cash and Margin Accounts | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we unpack margin — borrowing against…
How Canadian Markets WorkClearing and Settlement Explained: Where Does Your Money Go After a Trade? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we explain why your trade doesn't…
How Canadian Markets WorkEpisode 7: Alternative Trading Systems and Dark Pools | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we follow a trade through Canada's…
How Canadian Markets WorkThe Life of an Order Explained: What Happens After You Hit Buy? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we trace what really happens between…
How Canadian Markets WorkEpisode 5: Canada's Exchanges | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we break down how Canada's stock…
How Canadian Markets WorkEpisode 4: Auction Markets and Dealer Markets | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Why can you see a stock's price but not a bond's?…
How Canadian Markets WorkWho's In the Room Explained: Who Touches Your Money Before You Do? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! You tap "buy" and shares appear in your account — but…
How Canadian Markets WorkPrimary and Secondary Markets | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Ever wondered where your money actually goes when you…
How Canadian Markets WorkWhat Capital Actually Is | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we open up the plumbing of the…
How Canadian Markets WorkEpisode 100: The Financial Planning Process (The Final Finding)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this grand finale of our…
How Canadian Markets WorkEpisode 99: Registered Plans (The Symmetric Choice)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, we tackle the single…
How Canadian Markets WorkEpisode 98: Canadian Investment Taxation (The After-Tax Reality)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs a…
How Canadian Markets WorkEpisode 97: Measuring Performance (The Timing Mismatch)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the profound…
How Canadian Markets WorkEpisode 96: The Portfolio Management Process (The Behavioral Shield)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode introduces the formal…
How Canadian Markets WorkEpisode 95: Asset Allocation (The Master Lever)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the single…
How Canadian Markets WorkDiversification Explained: Is Your Portfolio Actually Diversified? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the…
How Canadian Markets WorkEpisode 93: Risk and Return (The Sequence Trap)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the…
How Canadian Markets WorkStructured Products Explained: Are You Overpaying for That Guarantee? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, we take apart one of…
How Canadian Markets WorkEpisode 91: REITs and Income Trusts (The Depreciation Illusion)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs real estate…
How Canadian Markets WorkEpisode 90: Hedge Funds (The Asymmetry of the Take)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, we strip away the…
How Canadian Markets WorkSegregated Funds Explained: What Does That Guarantee Really Cost? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the unique…
How Canadian Markets WorkEpisode 88: ETFs vs. Mutual Funds (The Small Saver's Math)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the heated…
How Canadian Markets WorkHow an ETF Is Built Explained: What Keeps ETF Prices Honest? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode deconstructs the elegant…
How Canadian Markets WorkEpisode 86: Fund Regulation and Disclosure (The Five-Minute Audit)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode pulls back the curtain on…
How Canadian Markets WorkEpisode 85: NAVPS (The Blind Commitment)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary If you buy an individual stock, you…
- How Canadian Markets Work
Fees Explained: How Much Is the 1.8% Illusion Costing You? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This is the episode many listeners…
How Canadian Markets WorkFund Categories Explained: Is Your ‘Active’ Fund Secretly Passive? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Many retail investors select funds…
How Canadian Markets WorkEpisode 82: Mutual Fund Structure (The Separation of Powers)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode examines the robust legal…
How Canadian Markets WorkEpisode 81: Why Managed Products Exist (The Cost of Convenience)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode kicks off our managed…
How Canadian Markets WorkEpisode 80: Reading a Chart (The Discipline of the Limit)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary While academic research shows that the…
How Canadian Markets WorkEpisode 79: Industry Analysis (The Quality of the Neighborhood)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode shifts our corporate…
How Canadian Markets WorkEpisode 78: Trend and Comparative Analysis (The Five-Year Story)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode puts the analytical tools…
How Canadian Markets WorkEpisode 77: Value Ratios (The Cyclical Trap)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode addresses the common but…
How Canadian Markets WorkEpisode 76: Operating Performance Ratios (Margins and the DuPont Machine)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode addresses the ultimate…
How Canadian Markets WorkEpisode 75: Leverage and Risk Ratios (The Double Amplifier)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, we address the common…
How Canadian Markets WorkLiquidity Ratios Explained: Could This Company Survive 90 Days? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode dives into liquidity…
How Canadian Markets WorkEpisode 73: The Notes and the Auditor's Report (Where the Truth Lives)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary While the core financial statements…
How Canadian Markets WorkEpisode 72: The Cash Flow Statement (Profitable and Bankrupt)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary While the income statement provides a…
How Canadian Markets WorkEpisode 71: The Income Statement (The Estimate of Profit)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode explores the income…
How Canadian Markets WorkEpisode 70: The Balance Sheet (The Photograph of Wealth)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode introduces our five-part…
How Canadian Markets WorkEpisode 69: Fundamental vs Technical (The Two Religions)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This season-opening episode kicks off…
How Canadian Markets WorkEpisode 68: Hedging vs Speculating (The Meaning of the Trade)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This season-finale episode of our…
How Canadian Markets WorkEpisode 67: Commodities (The Roll Cost Trap)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Many Canadian investors seek direct…
How Canadian Markets WorkEpisode 66: Rights vs Warrants vs Options (The Dilution Distinction)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Many investors confuse rights…
How Canadian Markets WorkEpisode 65: Covered Calls and Protective Puts (The Price of Protection)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode dissects the two options…
How Canadian Markets WorkEpisode 64: What Drives an Option's Price (Possibility as a Premium)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode breaks down the five key…
How Canadian Markets WorkEpisode 63: Calls and Puts (The Vocabulary of Risk)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode demystifies the…
How Canadian Markets WorkForwards and Futures Explained: How Can Leverage Wipe You Out? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode compares two derivative…
How Canadian Markets WorkEpisode 61: What a Derivative Is (The Farmer and the Bakery)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Despite their intimidating reputation…
How Canadian Markets WorkEpisode 60: Why Canada Looks Like Canada (The Diversification Delusion)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary If you ask an investor to list the…
How Canadian Markets WorkOrder Types Explained: Can a Stop-Loss Sell You Out? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary This episode untangles the mechanics…
How Canadian Markets WorkEpisode 58: Indexes (The Weighting Game)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary While we often hear that "the market"…
How Canadian Markets WorkEpisode 57: Listing and Delisting (The Freeze That Hurts More Than a Total Collapse)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Many investors believe that the…
How Canadian Markets WorkEpisode 56: The Exempt Market (The Price of Illiquidity)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary While we have spent multiple episodes…
How Canadian Markets WorkThe IPO Explained: Who Gets Rich Before You Can Buy? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary A profitable, growing private company…