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 WorkUnderwriting Explained: What Does a 'Successful' IPO Really Cost You? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When a hot new stock debuts on the…
How Canadian Markets WorkEpisode 53: Rights and Warrants (The Cost of Doing Nothing)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When an envelope arrives from a…
How Canadian Markets WorkEpisode 52: Types of Preferreds (The Protection That Ran Backwards)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode 52: Types of Preferreds (The Protection That…
How Canadian Markets WorkPreferred Shares Explained: Stock or Bond — What Are You Buying? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Preferred shares are frequently called…
How Canadian Markets WorkEpisode 50: Splits and Buybacks
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary A stock split might seem like pure…
How Canadian Markets WorkDual-Class Shares Explained: Does Your Vote Actually Count? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In many of Canada's largest public…
How Canadian Markets WorkEpisode 48: Dividends
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When a company pays you a…
How Canadian Markets WorkEpisode 47: What You Own When You Own a Share
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When you buy a stock, what do you…
How Canadian Markets WorkEpisode 46: How Bonds Actually Trade
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Why does buying a stock feel so…
How Canadian Markets WorkReal Return Bonds Explained: Do They Really Beat Inflation? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Conventional bonds promise fixed…
How Canadian Markets WorkEpisode 44: Bonds with Options Attached
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary If two bonds have the same issuer…
How Canadian Markets WorkCredit Ratings Explained: Can You Trust a AAA Rating? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary A single letter grade assigned by a…
How Canadian Markets WorkThe Yield Curve Explained: Why Does Everyone Watch It Before a Recession? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Lending money for ten years should pay…
How Canadian Markets WorkEpisode 41: Duration
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Why do two bond portfolios of…
How Canadian Markets WorkThe See-Saw Explained: What Trade-Off Is Your Portfolio Making? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Perhaps the most famous rule in fixed…
How Canadian Markets WorkYield Explained: Do You Know Which Yield You're Chasing? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary "What's the yield?" is a deceptively…
How Canadian Markets WorkEpisode 38: Bond Pricing From Scratch
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Why do bond prices fall when interest…
How Canadian Markets WorkEpisode 37: Corporate Bonds
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When a company fails, who gets paid…
How Canadian Markets WorkEpisode 36: Provincial and Municipal Debt
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Why does Ontario pay more than Ottawa…
How Canadian Markets WorkEpisode 35: Government of Canada Debt
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Every interest rate in Canada—from…
How Canadian Markets WorkThe Four Numbers Explained: Which 4 Numbers Decide Your Returns? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When pulling up a bond quote…
How Canadian Markets WorkEpisode 33: What a Bond Really Is
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary A bond is simply a loan you can sell…
How Canadian Markets WorkEpisode 32: Anatomy of a Recession
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Economic downturns are often grouped…
How Canadian Markets WorkReading a Data Release Explained: Why Does Good News Crash the Market? | Canadian Investing
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary The jobs report comes out showing…
How Canadian Markets WorkEpisode 30: Balance of Payments (The Double-Sided Identity)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary The word "deficit" sounds like losing…
How Canadian Markets WorkEpisode 29: The Loonie (The Textbook Relationship Decays)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Why did the Canadian dollar stop…
How Canadian Markets WorkEpisode 28: Fiscal Policy (Debt, Deficits, and the Denominator)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Monetary policy is set by a small…
How Canadian Markets WorkEpisode 27: Unconventional Policy (When Rates Hit the Floor)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary What happens when the central bank…
How Canadian Markets WorkEpisode 26: How a Rate Decision Reaches You
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary The Bank of Canada sets one single…
How Canadian Markets WorkEpisode 25: The Bank of Canada's Mandate (Why Zero is Dangerous)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary If inflation erodes our purchasing…
How Canadian Markets WorkEpisode 24: Inflation and the CPI (The Shared Basket Illusion)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary When the inflation rate is reported at…
How Canadian Markets WorkEpisode 23: Reading the Labour Market
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary The headline unemployment rate falls…
How Canadian Markets WorkEpisode 22: The Business Cycle (Visible Only in Hindsight)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Are we in a recession right now? John…
How Canadian Markets WorkEpisode 21: What GDP Measures (And What It Leaves Out)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary An economy grows by two percent, but…
How Canadian Markets WorkEthics in Practice Explained: Who Does Your Advisor Really Work For? | 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, John and Jane close…
How Canadian Markets WorkEpisode 19: Insider Trading and Disclosure
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary A dinner party guest casually hears…
How Canadian Markets WorkEpisode 18: Investor Protection Funds and the "Missing Asset" Rule
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary If your bank fails, CDIC protects your…
How Canadian Markets WorkEpisode 17: Deposit Insurance and the Shared Charter Trap
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary John and Jane tackle the plumbing of…
How Canadian Markets WorkEpisode 16: Know Your Product and Suitability
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary An advisor could understand your…
How Canadian Markets WorkKnow Your Client Explained: What Can That Form Stop You From Buying? | 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, John and Jane explore…
How Canadian Markets WorkEpisode 14: Registration Categories
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary Four people hand you a business card…
How Canadian Markets WorkEpisode 13: CIRO and Supervised Self-Regulation
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, John and Jane tackle…
How Canadian Markets WorkEpisode 12: The CSA and the Passport System
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode 12: The CSA and the Passport System Episode…
How Canadian Markets WorkEpisode 10: Short Selling
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, John and Jane explain…
How Canadian Markets WorkEpisode 11: Why Canada Has No National Regulator
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode 11: Why Canada Has No National Regulator…
How Canadian Markets WorkEpisode 9: Cash and Margin Accounts
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! How Canadian Markets Work Episode 9: Cash and Margin…
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! Episode 8: Clearing and Settlement Episode Summary In…
How Canadian Markets WorkEpisode 7: Alternative Trading Systems and Dark Pools
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary John corrects a fundamental…
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! Episode Summary In this episode, John and Jane trace…
How Canadian Markets WorkEpisode 5: Canada's Exchanges
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Episode Summary In this episode, John and Jane reveal…
How Canadian Markets WorkEpisode 4: Auction Markets and Dealer Markets
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! How Canadian Markets Work Episode 4: Auction Markets…
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! How Canadian Markets Work Episode 3: Who’s In the Room…
How Canadian Markets WorkPrimary and Secondary Markets
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Primary and Secondary Markets Episode Summary In this…
How Canadian Markets WorkWhat Capital Actually Is
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! How Canadian Markets Work Episode 1: What Capital…