Chapter 1: The Canadian Securities Industry

In this section

• 1.1 Overview of the Canadian Securities Industry
  • 1.1.1 History of the Canadian Securities Market
    An in-depth exploration of the evolution, regulatory advancements, and influential economic events that have shaped the Canadian securities market.
  • 1.1.2 Current Structure of the Market
    An in-depth look at the current structure of the Canadian securities market including primary and secondary markets, organizational hierarchy, and market segments.
  • 1.1.3 Types of Securities
    A detailed examination of the various types of securities within the Canadian securities industry including equities, fixed-income securities, derivatives, and alternative investments.
  • 1.1.4 Key Participants and Their Roles
    An in-depth look at the key participants in the Canadian securities industry, including issuers, investors, brokers and dealers, and regulators.
• 1.2 The Investment Dealer’s Role as a Financial Intermediary
  • 1.2.1 Functions of Investment Dealers
    This section explores the central functions of investment dealers, including their roles in intermediation, risk management, and the production of research and analysis to support investment decisions.
  • 1.2.2 Brokerage Services
    An in-depth look at brokerage services and the crucial roles they play within the Canadian securities industry, focusing on execution of trades and account management.
  • 1.2.3 Underwriting and Issuance of Securities
    An in-depth exploration of the underwriting process, syndication, and the role of initial public offerings (IPOs) in raising capital within the Canadian securities industry.
  • 1.2.4 Market Making and Liquidity Provision
    Understanding market making and the importance of liquidity provision in the securities market with insights into bid-ask spreads and the distinction between principal and agency transactions.
  • 1.2.5 Advisory Services
    Detailing the critical advisory services provided by investment dealers, focusing on financial planning, mergers and acquisitions, and wealth management.
• 1.3 Financial Intermediaries Other than Investment Dealers
  • 1.3.1 Banks and Credit Unions
    Understanding the pivotal roles banks and credit unions play in the Canadian capital markets and their critical functions in savings and loans.
  • 1.3.2 Mutual Funds
    Explore the role of mutual funds as financial intermediaries, and learn about investment pooling, fund types, and the regulatory framework governing mutual funds in Canada.
  • 1.3.3 Pension Funds
    Exploration of the role, management strategies, and regulatory framework surrounding pension funds in Canada.
  • 1.3.4 Insurance Companies
    An in-depth analysis of insurance companies as financial intermediaries in the Canadian securities industry, focusing on their investment activities and risk mitigation strategies.
  • 1.3.5 Trust Companies
    An in-depth look at trust companies, their asset management, custodial services, and their role within the Canadian financial system.
• 1.4 Financial Market Trends
  • 1.4.1 Technological Innovations
    An exploration of technological advancements in the Canadian securities industry and their impact on trading and fintech developments.
  • 1.4.2 Regulatory Changes
    Examining the implications of new regulations on compliance requirements for market participants, and measures to enhance investor protection and market transparency.
  • 1.4.3 Globalization of Markets
    An in-depth analysis of the globalization of markets, focusing on cross-border trading and international cooperation in the Canadian context.
  • 1.4.4 Market Consolidation
    An in-depth analysis of market consolidation within the Canadian securities industry, highlighting trends in mergers and acquisitions, and their impact on competition.
  • 1.4.5 Emergence of New Financial Products
    An in-depth look at how innovative financial products are reshaping the Canadian securities landscape in response to changing investor demands.