Learn about the clearing system used in the Canadian securities market, including the role of CDS Clearing and Depository Services, the netting process, and key roles of an investment dealer.
Learn about Credit Unions and Caisses Populaires, their financial services, the Cooperative Credit Associations Act (CCAA), and the investment rules they must follow.
Explore the phenomenal growth and intricacies of various derivative instruments. Learn about the impact of market volatility, financial deregulation, and advances in technology on derivatives. Understand the role of derivatives in portfolios for institutional and retail investors.
Understand the key differences between exchange-traded and over-the-counter (OTC) derivatives markets, including standardization, liquidity, privacy, and default risk.
Gain a thorough understanding of essential options terminology including strike price, option premium, expiration date, trading unit, and other key concepts.
Learn everything about warrants in this comprehensive guide: their characteristics, valuation, and advantages, along with essential definitions and key takeaways.
A comprehensive summary of key aspects of derivatives discussed in this chapter including types of derivative contracts, participants, and their uses.
Learn the differences between private and public corporations, their by-laws, voting rights, and shareholders' meetings. Understand the importance of voting by proxy, voting trusts, and more in the Canadian context.
Comprehensive guide on the role and responsibilities of the finance department within investment dealers, focusing on both government and corporate finance.
Learn about when a prospectus is required for the distribution or sale of securities, including scenarios for new issues and obligations in various provinces in Canada.
Understand the complete details provided in a final prospectus, including the requirements for material facts, cover page, summary, issuer information, securities data, and more.
A comprehensive guide to understanding after-market stabilization in securities offerings, including greenshoe options, penalty bids, and stabilizing bids.
Explore the three major stock market theories - efficient market hypothesis, random walk theory, and rational expectations hypothesis, along with their variations and implications for investment strategies.
A thorough examination of Industries Life Cycle stages: Emerging Growth, Growth, Maturity, and Decline. Understand how each stage affects industry performance, companies involved, and investment valuation.
Learn the fundamentals of conducting company analysis for determining investment potential in this chapter. This guide offers tools and insights into assessing a company’s financial statements and identifying risks and opportunities.
Learn the principles and methodologies of combining securities in a portfolio to optimize risk and return in the Canadian Securities Course.
A comprehensive summary of Chapter 15, addressing key concepts such as risk, asset allocation, correlation, portfolio management strategies, and frequently asked questions.
Learn about Step 1 in the portfolio management process: determining investment objectives and constraints. Understanding these factors is critical for effective asset allocation tailored to a client's specific needs.
Learn about National Instruments 81-101 and 81-102, essential regulatory measures governing mutual funds in Canada.
Learn about Commodity Funds that invest in physical commodities and derivatives. Understand their exposure limits and leverage criteria.
Comprehensive guide on index funds in the context of the Canadian Securities Course, explaining their objectives, structure, benefits, and associated risks.
Guide on various withdrawal plans for investors in mutual funds, including ratio withdrawal plans, fixed-dollar withdrawal plans, fixed-period withdrawal plans, and life expectancy-adjusted withdrawal plans.
Understand the key characteristics of capital in the context of investment management, including mobility, sensitivity, and scarcity.
A comprehensive guide detailing event-driven strategies including merger (risk arbitrage) strategies, high-yield bond strategies, and distressed securities strategies. Learn how these unique corporate structures can generate profit through strategic investments.
Learn about the structure of segregated funds in the context of the Canadian securities industry. Discover the roles of the contract holder, annuitant, and beneficiary, and understand the legal aspects of segregated fund contracts.
Explore the disadvantages of Labour-sponsored Venture Capital Corporations (LSVCCs), including high risk, complex redemption processes, and high administrative costs, making them suitable only for high-risk-tolerant investors.
Learn about the structure of closed-end funds, including their trading mechanisms, pricing dynamics, and key attributes.
Explore the several disadvantages of closed-end funds compared to open-end funds, including trading at discounts to NAVPS, liquidity concerns, and tax implications.
Learn about the taxation principles for income trusts, including the differences between general income trusts and Canadian REITs.
Understanding the process of calculating income tax in Canada, including steps on taxable income, allowable deductions, tax credits, and net tax payable.
Learn about Tax-Free Savings Accounts (TFSAs), including basic rules, taxation, qualified investments, contributions, and withdrawals. Discover how they can fit into your financial planning.
Understand the concept of discharging debts in the context of tax strategies involving spouses and non-arm’s length individuals. Learn the rules, strategies, and examples that demonstrate how this can be utilized for tax savings.
Learn about the benefits and drawbacks of fee-based accounts used in financial services, including financial planning and wealth management advantages as well as potential higher costs and extra fees.
Learn about the Office of the Superintendent of Financial Institutions (OSFI), its role as Canada's financial regulatory body, and the institutions it oversees.
Explore the principles-based regulatory model in the Canadian securities industry, learn its objectives, benefits over rules-based regulation, and see real-life examples.
Comprehensive guide on arbitration for dispute resolution in the Canadian securities industry, covering process, criteria, and benefits.
Comprehensive summary and key takeaways from Chapter 3 on the Canadian regulatory environment in the Canadian Securities Course. Includes frequently asked questions and review questions for comprehensive understanding.
Comprehensive guide to understanding market dynamics including demand, supply, and market equilibrium, tailored for Canadian Securities Course exam preparation.
An in-depth overview of the balance of payments, including its core components: the current account and the capital and financial account, and their impact on economic transactions between a country and the rest of the world.
Comprehensive summary of economic fundamentals related to markets, GDP, business cycles, interest rates, inflation, and financial indicators. Important guidelines for understanding economic behavior in the Canadian context.
Comprehensive summary and insights on economic policies, fiscal and monetary strategies, and their impact on Canadian economy. Review vital concepts, challenges, frequently asked questions, and key takeaways for an effective understanding.
Understand the relative impact of yield changes on bond pricing. This section details how percentage changes in yield affect bond prices more significantly when rates are lower and explains the asymmetrical effects of yield increases and decreases.
Explore the essential details about dividends in equity securities, including dividend policy, payment methods, ex-dividend dates, dividend reinvestment plans, and stock dividends.
Learn about Straight Preferred Shares, their features, market behavior, and benefits for investors. Explore an example to understand yield dynamics.
Learn about the structure, benefits, and risks of foreign-pay preferred shares issued by Canadian companies, along with an illustrative example.
