Mastering Money

Mastering Money

By Chartered Professional Accountants of Canada (CPA Canada)EducationHow To
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Mastering Money episodes

  • S8 E03: Decoding Compensation - Beyond the Numbers

    Your salary doesn’t paint the entire picture of your compensation. Benefits, flexible work, vacation time and more are all part of the overall package that contributes to your job satisfaction and financial well-being. 

    We cover all components of your compensation and talk about how to properly evaluate them to make informed decisions about your career path. 

    Join Carolyn Hamer, Deloitte Canada’s National Leader of Workforce Transformation, to know more on how to value benefits beyond just the salary and understand how to negotiate for fair compensation packages that align with your career goals and aspirations. 

    Key Takeaways: 

    • Learn to evaluate non-monetary benefits of your compensation 
    • Learn how different generations evaluate job satisfaction 
    • Evaluate how your personal priorities line up with your desired compensation package 
    • Additional Resources: 

      • Canadian banks go on a hiring spree, defying tight labour market  
      • Work-life balance preferred over big salaries, CPAs say 
      • The Deloitte Global 2023 Gen Z and Millennial Survey 
      • 2023 Global human capital trends - Deloitte Insights 
      • The Intelligence Revolution - Future-proofing Canada’s workforce 
      • "We’re very different": Gen X and Y compare their views on finance 
      • Generational wealth: is it harder for young people to get ahead? 
      • Download transcript 

        This season is proudly brought to you by Pivot Magazine.  

        The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

        42 min
      • S8 E02: Future-Proofing Your Career - Strategies for Success

        Can you ever prepare for sudden job loss? Maybe not, but you can take steps to future-proof your career and learn to navigate career uncertainties with grace. We talk about the strategies you can take to protect yourself and your career.

        Join our expert Pat Romain, The National Practice Leader - Career Transition @Gallagher, to learn more on how to develop a growth mindset, identify transferable skills, and harness the power of continuous learning to stay relevant in a rapidly changing job market. 

        Key Takeaways: 

        • Networking looks different in the digital age but is still one of the most valuable tools to tap into the hidden job market. 
        • AI is here to stay – learn how to work it to your advantage 
        • In the case of job loss – learn to assess if your skills have become  redundant, and how you can upskill or utilize your knowledge in another job or industry
        • Additional Resources: 

          • Survive and thrive: Move ahead financially after losing your job 
          • Download transcript 

            This season is proudly brought to you by Pivot Magazine.  

            The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

            37 min
          • S8 E01: Interest Rates, Inflation, and I

            When it comes to interest rates and inflation in Canada, what is their significance? What are the driving forces causing their fluctuation? And why should you care? We dive into the complexities of interest rates and inflation, exploring their impact on employment, wages, immigration, and mortgages. 

            Join David-Alexandre Brassard, CPA Canada’s chief economist since July 2021, in a discussion on interest rates and inflation and their influence on employment and financial planning. Learn more about how to navigate economic forces and ensure your financial stability amidst changing market conditions. 

            Key Takeaways: 

            • Learn the driving force behind current inflation numbers 
            • Is it worth taking a new job during times of economic uncertainty? 
            • Learn how your mortgage is affected by inflation – and what you can do about it 
            • Learn why Canadian’s spending habits haven’t changed with inflation. 
            • Resources: 

              • Economic optimism climbing despite recession expected this year: CPA Canada Business Monitor (Q2 2023) 
              • Debt and inflation data
              • Download transcript 

                This season is proudly brought to you by Pivot Magazine.  

                The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.   

                37 min
              • S8 Teaser: The future of labour is here

                Join host Doretta Thompson and PIVOT Magazine Associate Publisher, Douglas Dunlop, as they discuss what is upcoming in season 8 of our mastering money podcast. The future of labour is here, are you ready? 

                Download transcript

                This season is proudly brought to you by Pivot Magazine. 

                3 min
              • S7 E06: Talking About Debt

                Talking about debt can be hard as it can bring up many emotions, including shame, guilt, and despair. But talking about debt is often the first hurdle to master so that one can concentrate on recovery.

                We sat down with Jeff Lewis, CPA, CA, FCCA, CIRP, LIT, Senior Vice-President and Partner at BDO Debt Solutions and Chantel Chapman, Co-Founder of The Trauma of Money and Financial Trauma Researcher and Educator, to learn more about the power of talking about debt, owning debt, and focusing on the road forward.

                Additional Resources:

                • BDO Debt Solutions
                • The Trauma of Money
                • Download transcript

                  This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.   

                  This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt. 

                  The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

                  57 min
                • S7 E05: Debt in the Golden Years and Beyond

                  You’re ready to retire and enter what has been called “the golden years” only to bring an unwelcome guest with you - Debt. This is the sad reality for many entering this stage of life, which is supposed to be about relaxing and freedom after years of hard work. For some, retirement is put on the backburner as they are forced to work longer, lend money to adult children, and get their finances under control.

                  Hear from Christine Lang, BA(Econ), CPA, CGA, CCS, President and Principal Advisor, LANG Financial Consulting and Wealth Solutions on how debt can impact your retirement and what you can do to move forward so that you can enjoy those golden years.

                  Additional Resources:

                  • Financial Advice for All
                  • Credit Counselling Canada
                  • CPA Canada Financial Literacy Resources
                  • Advocis | The Financial Advisors Association of Canada
                  • Seniors & Debt - A Growing Problem That We Can Help Fix
                  • Download transcript

                    This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.   

                    This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt. 

                    The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

                    34 min
                  • S7 E04: Debt Traps

                    Have you heard of the term debt trap? Have you, or someone you know, fallen into one or several? If we aren’t careful, it's easy to fall into a debt trap that can seem like a never-ending mountain to climb over.

                    Join Ilan Kibel, BDO Partner and Senior Vice President, as he explains what a debt trap is, examples of these traps, red flags to look out for and how one can pull themselves out to move forward financially.  

                    Additional resources:

                    • BDO Debt Solutions
                    • How much debt is too much?
                    • CPA Canada Financial Literacy Resources
                    • Download transcript

                      This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.  

                      This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt.

                      The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

                      44 min
                    • S7 E03: Credit Scores

                      How often do you check your credit score? Do you know all the ways credit, good or bad, can affect you? Your credit score is so much more than a simple three-digit number, and it can follow and weigh you down for years if it gets too low. Understanding how to build and keep a healthy credit score is a key pillar of good personal finance. 

                      Join Julie Kuzmic, Senior Compliance Officer, Consumer Advocacy at Equifax Canada, as she gives listeners a crash course on building a strong credit score, debunking credit score myths, and of course understanding how debt can affect credit.  

                      Additional resources: 

                      • Equifax Canada
                      • Credit Counselling Canada
                      • CPA Canada Financial Literacy Resources 
                      • Download Transcipts

                        This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.   

                        This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt. 

                        The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

                        49 min
                      • S7 E02: When Are You in Over Your Head?

                        If you’re not careful, debt can be overwhelming, and you can find yourself feeling like there’s no way out. Understanding the warning signs that you may need help getting your debt under control is only the first step in moving towards a solution that works for you now and in the future.

                        Hear from Nancy Snedden, Personal Debt Solutions Leader, Advisory with BDO Canada as she walks listeners through the process of recognizing and dealing with your debt problem through effective credit counselling and meaningful action. With the right guidance, life after debt is possible and you’ll come out the other side feeling relieved and in control.

                        Additional resources:

                        • BDO Debt Solutions
                        • How much debt is too much?
                        • CPA Canada Financial Literacy Resources
                        • Financial Consumer Agency of Canada
                        • Find an active Licensed Insolvency Trustee
                        • Protecting the public
                        • Download transcript

                          This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.  

                          This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt.

                          The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

                          38 min
                        • S7 E01: Household Debt in Canada - A Snapshot

                          When it comes to household debt in Canada, what do the numbers tell us? Recent economic volatility and rises in the costs of living have left many feeling uneasy about their financial situation. How is the average Canadian being affected by debt, and should we be concerned about the direction debt numbers are trending towards?

                          Join our expert Guy Gellatly, Chief Economic Advisor in the Analytical Studies Branch at Statistics Canada, for an in-depth look at household debt in Canada and what the numbers mean for the average Canadian. Looking at the big picture can offer valuable insight into how we are coping with debt and what we can do to prevent the numbers from getting out of control.

                          Additional resources:

                          • Canadians are falling deeper into debt
                          • Consumer Price Index Personal Inflation Calculator
                          • Behind the Numbers: What’s Causing Growth in Food Prices
                          • The rise in prices for wheat-based food products
                          • Pharmaceutical access and use during the pandemic
                          • Trends in household non-mortgage loans: The evolution of Canadian household debt before and during Covid-19
                          • CPA Canada Financial Literacy Resources
                          • Download transcript

                            This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.  

                            This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt.

                            The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

                            33 min

                          About Mastering Money

                          From the publisher's feed

                          An original podcast from the Chartered Professional Accountants of Canada. Our financial literacy podcast talks about key issues, trends and tips as they relate to financial education.

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