A comprehensive introduction to the foundational concepts of financial intermediation, including real-life scenarios illustrating the roles of capital users and suppliers, the functions of financial intermediaries, and the impact on economic development.
Gain an in-depth understanding of the principal and agency functions of investment dealers. Learn how these roles impact the trading of securities and the services provided by investment dealers.
Explore the roles and services of trust and loan companies in Canada, their regulatory framework, and their significance in financial planning and asset management.
An in-depth exploration of robo-advisors, their emergence in the investment landscape, particularly in the United States and Canada, their key features, benefits, and impact on the financial industry.
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.
Learn key concepts about derivative markets including their structure, types, features, and differences between the over-the-counter (OTC) market and exchange-traded derivatives.
A comprehensive guide on the explosive growth of financial derivatives, driven by factors like volatile interest rates, financial deregulation, globalization, and advances in information technology. This section delves into the most commonly used financial assets, such as equities, interest rates, and currencies.
Learn about different option strategies that corporations employ to manage risk related to interest rates, exchange rates, and commodity prices.
An in-depth overview on the necessity of understanding financial statements for wise investment decisions, emphasizing a corporation's future performance and past records.
Explore the advantages and disadvantages of incorporation in this comprehensive guide. Understand why incorporation as a legal entity might benefit or constrain your business.
An in-depth guide to understanding the statement of changes in equity, retained earnings, total comprehensive income, and non-controlling interest in the context of financial statements.
Understand the continuous disclosure requirements for reporting issuers in Canada, including the significance of material changes, the standards for financial statements, and the necessary steps to ensure compliance.
An in-depth guide to understanding the statutory rights of investors in Canada, including withdrawal, rescission, and action for damages under National Instrument 41-101 General Prospectus Requirements.
An in-depth guide to securities distributions through exchanges, focusing on the approval process, requirements, and exemptions for issuers.
A comprehensive guide to understanding the NEX Board on the TSX Venture Exchange, including its purpose, types of issuers, benefits, and FAQs.
Understand the processes and reasons behind the withdrawal of trading privileges on stock exchanges, including temporary interruptions and delisting procedures.
This introduction provides a comprehensive overview of the essential tools and techniques for evaluating investment opportunities, incorporating both fundamental and technical analysis within the financial markets.
Learn about fundamental analysis in the context of the Canadian Securities Course (CSC), including its importance in evaluating capital market conditions, economic conditions, industry conditions, and individual companies to measure intrinsic value.
Discover the fundamentals and key concepts of technical analysis in securities trading. Learn how past price movements and market sentiment help predict future price directions.
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.
Learn about the impact of monetary policy on the economy, securities market, and the effects of inflation on corporate profits and price-earnings multiples.
Explore the commonly used tools in technical analysis, including chart analysis, quantitative analysis, sentiment indicators, and cycle analysis. Learn how these methods can help identify trends and make informed investment decisions.
An introductory chapter on the portfolio approach, where key techniques to analyze and measure portfolio risk and return are explored, along with management styles in equity and fixed-income portfolios.
A comprehensive guide on calculating the rate of return for a portfolio including mathematical formulas, examples, FAQs, and key takeaways.
An in-depth guide on how to measure risk in a portfolio, balancing diversification, and strategies to limit losses using derivatives.
Explore the various styles of fixed-income managers and how their strategies differ based on term-to-maturity, credit quality, and interest rate anticipation. Learn about the terms, frequently asked questions, and key concepts in fixed-income management.
Detailed guide on the simplified prospectus required for mutual funds, including its components, annual filings, and associated documents such as the annual information form.
Comprehensive guide to mutual fund restrictions including management limitations, regulatory controls on derivatives, prohibited selling practices, and detailed reporting requirements for mutual funds in Canada.
Explore the significance of KYC information in opening accounts, touching on financial interest, changes in clients' circumstances, and compliance with AML and ATF regulations.
Learn about factors to consider when recommending mutual fund investments, including portfolio holdings, risk and reward, management styles, withdrawal methods, tax implications, and evaluating performance against benchmarks in Canadian regulations.
Detailed exploration of different types of equity funds, their objectives, risk profiles, and tax implications. In-depth analysis of sub-categories such as small-cap and mid-cap funds and dividend funds.
Learn about Commodity Funds that invest in physical commodities and derivatives. Understand their exposure limits and leverage criteria.
Discover the differences and implications of Indexing and Closet Indexing in mutual fund management. Learn about their advantages, disadvantages, and suitability for different investment strategies.
Enhance your understanding of reinvesting distributions, and grasp how it influences net asset value per share (NAVPS), mutual funds, and long-term investment growth.
Deep dive into the complexities of mutual fund performance. Learn about various challenges and factors affecting mutual fund assessment, key terms, performance metrics, and common pitfalls.
A comprehensive guide on the general disclosure requirements for exchange-traded funds (ETFs) as set out in NI 41-101, including detailed insights into the ETF Facts document, the creation and redemption process, and various ETF types and risks.
Learn the intricacies of the primary and secondary markets, how they function, and their roles in the financial ecosystem. Dive into the specifics of initial public offerings (IPOs), trading mechanisms, and much more.
Understand the workings of auction markets, including key concepts like bid-ask spreads, trades, and types of stock exchanges in Canada. This section covers the fundamental aspects of how securities are bought and sold and includes detailed examples and key definitions.
Learn about Alternative Trading Systems (ATS) in the Canadian financial markets, covering electronic marketplaces for equity and fixed-income markets.
Learn about alternative investments, including their categories, benefits, risks, and structural features. Discover how these investments can enhance portfolio performance.
Explore why investors include alternative investments in their portfolios. Understand the concepts of diversification, alpha addition, and increasing a portfolio's absolute returns in this comprehensive guide.
An in-depth look into exempt market alternative funds, commonly known as hedge funds, their structures, strategies, and suitability for investors.
Comprehensive guide on the unique features of hedge funds including incentive fees, high-water marks, hurdle rates, liquidity, transparency, and investor protection.
Explore the structure, advantages, and disadvantages of Funds of Hedge Funds (FoHF) and Liquid Alternative Funds, understanding their role within Canadian investment portfolios.
In-depth exploration of directional investment strategies including long/short equity, global macro, emerging markets, dedicated short bias, and managed futures strategies. This chapter covers essential concepts, examples, mathematical calculations, and advantages and considerations.
Learn about the structure of closed-end funds, including their trading mechanisms, pricing dynamics, and key attributes.
Learn about the advantages and features of structured products within the Canadian securities landscape. Understand their benefits, risks, and tax implications.
Learn about the four types of income and how they are taxed under Canadian tax laws. Detailed insights on Employment Income, Business Income, Income from Property, and Capital Gains/Losses.
Comprehensive guide on the taxation of income in Canada, detailing federal and provincial tax rates, calculations, and illustrations.
Explore the various tax-deductible expenses related to investment income, including allowable carrying charges and those you cannot deduct. This guide provides comprehensive details to help you make informed decisions regarding tax deductions.
Comprehensive guide on determining capital gains or losses when disposing shares, principles of adjusted cost base, and considerations for warrants, rights, and stock dividends in Canadian taxation.
Learn about tax loss selling, a strategy used to minimize taxes by selling securities at a loss and offsetting capital gains. Find details on timing, calculations, and considerations for making this investment decision.
An in-depth guide on Pooled Registered Pension Plans (PRPPs) covering eligibility, benefits, administration, and comparisons with other registered investments like RRSPs.
Explore Household Accounts in the Canadian Securities landscape, detailing their structure, benefits, and the strategic allocation for optimal tax management across a family’s holdings.
Learn the essential six-step financial planning process including establishing client-advisor relationships, collecting data, analyzing information, recommending strategies, implementing plans, and conducting periodic reviews.
Comprehensive guide on the different stages in the life cycle of investors including early earning years, family commitment years, mature earning years, nearing retirement, and retired. Key insights on asset allocation, risk tolerance, and financial goals at each stage.
Explore the roles and responsibilities of retail and institutional investment dealers in the Canadian Securities market. Understand the different styles and guidelines they follow to serve their clients' needs, and stay updated with current trends.
Learn about IIROC's Client Relationship Model (CRM) which aims to enhance transparency, client trust, and suitability in investment dealings.
In this section, we discuss the exchange rate, its impact on the Canadian economy, and the key determinants influencing currency values.
Explore the impact of bond maturity on price volatility, illustrating why longer-term bonds are more volatile than shorter-term bonds. Learn with examples and detailed tables.
Explore the nuances of how coupon rates affect bond price volatility with detailed explanations, FAQs, formulas, charts, and a comprehensive glossary of terms.
Learn the comprehensive mechanics of non-electronic securities trade, including trade tickets, clearing and settlement, calculating accrued interest, and understanding bond indexes as described in the Canadian Securities Course.
An introduction to equity securities with a focus on common shares, comparing their long-term performance against bonds and inflation.
Understanding the benefits and risks of common share ownership is crucial for investors seeking to maximize returns and minimize risks. This guide explores key aspects such as capital appreciation, voting privileges, and limited liability, alongside potential risks like market volatility and dividend uncertainty.
Understand the concept of capital appreciation in the context of common shares, and how it impacts investors' decisions.
Understand the basics and strategic importance of stock splits and reverse stock splits (consolidations) for publicly-traded companies. Learn how these actions can influence share prices and investor perception.
Learn how to read and interpret stock quotations for listed and unlisted stocks traded on stock exchanges and over-the-counter (OTC) market.
Learn all about Retractable Preferred Shares, their characteristics, and examples. Understand key features that affect their value and how they compare to other financial instruments in volatile market conditions.
A comprehensive guide to understanding floating-rate preferred shares, including their market conditions, examples, characteristics, and implications for buyers.
An in-depth overview of major U.S. stock market indexes, including the Dow Jones Industrial Average and the S&P 500. Detailed explanations of their composition, calculations, and their usage as market performance indicators.
Understanding the various risks associated with short selling, including borrowing shares, maintaining adequate margin, liability for dividends, buy-in requirements, volatile price action, and regulatory risk.
Detailed guide covering the trading procedures within the Canadian Securities Market, including the steps involved in retail securities transactions, and settlement procedures. Discover important concepts, detailed steps, and common scenarios in trading stocks, bonds, options, and other securities.
Comprehensive guide to different types of stock orders including market, limit, day, good-through, on-stop sell, on-stop buy, and professional types.
