Mastering Money: The Educator’s Edition

Mastering Money: The Educator’s Edition

Chartered Professional Accountants of Canada (CPA Canada)

CPA Canada Financial Literacy Podcast Series

40 minutes 11 seconds

S9 E06: Taxing Troubles: The Hidden Impact of Evasion – The Great Heist
Are tax evasion and tax fraud the same? How do they impact the lives of Canadians? This episode will discuss the alarming consequences of tax illegal practices and the effective solutions to combat them.

Hear from John Oakey, Chartered Professional Accountants CPA Canada’s VP Tax, on challenges and solutions while dealing with taxing troubles.

Key Takeaways:
- Learn the difference between tax fraud and tax evasion
- Find out more about individual forms of tax evasion
- Learn how tax evasion hurts individual Canadians and businesses.
Additional Resources:
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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.
29 February 2024, 1:00 pm
50 minutes 20 seconds

S9 E05: Protecting Your Castle – Safeguarding Against Fraudulent Property Sales
You’ve heard the horror stories in the news: a family leaves for vacation and on their return someone has sold their house out from under them. Or, maybe they find that somebody has applied for a mortgage in their name.

Who can fall victim to fraudulent property sales? In this eye-opening episode, we delve into a world where both lenders and homeowners can unknowingly become victims of deceit.

In this episode, Jennifer Fiddian-Green, Partner, National Advisory Services, Forensics, Grant Thornton LLP, discusses the tactics used by scammers to initiate property fraud and the preventive actions that you can take to safeguard your assets.

Key takeaways:

Understand the mechanics of fraudulent property sales.
- Learn common tactics used by fraudsters to initiate fraudulent property transfers.
- Learn precautionary actions property owners can take to minimize the risk of property fraud.
- Find out what legal protections and remedies are available to victims of fraudulent property transfers.
Additional Resources:
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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.
22 February 2024, 1:00 pm
55 minutes 8 seconds

S9 E04: Surviving the Shadows – Street Crimes and Robbery
Street robbery can have a lasting impact on individuals and their loved ones both financially and emotionally. In this episode, we discuss practical tips on how to protect yourself and how to deal with the aftermath of a street robbery to regain control over both the emotional and financial aspects of your life, such as why it’s imperative to make a police report.

We speak with Li Zhang, Director, Financial Literacy, at CPA Canada, as she talks about her experience with street robbery and the steps that she had taken to deal with the aftermath of the incident.

Key Takeaways:
- Learn how and why it’s necessary to make a report when you’re the victim of a crime.
- How to regain control of your life again after being robbed
- How to process your emotions and trauma to recover from your experience
Additional Resources:
Download transcript

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.
15 February 2024, 1:00 pm
24 minutes 59 seconds

S9 E03: Love, Lies, and Illusions – Unveiling Romance Scams and Money Mule Tactics
Love is a many-splendored thing, but it can turn into a nightmare when entangled with romantic catfishing scams. Certain people, such as aging, lonely seniors can fall victim to these kinds of scams and unwittingly become a money mule for thieves.

Join Jeff Horncastle, Acting Client and Communications Outreach Officer at Canadian Anti-Fraud Centre to know more on how to protect yourself and your loved ones from falling victim to romantic schemes.

Key Takeaways:
- Learn the red flags that may indicate a romance scam to protect you and your loved ones
- Learn how criminals may use AI tools to manipulate their potential victims.
- Learn who are most vulnerable to online romance scams
Additional Resources:
Download transcript

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.
8 February 2024, 1:00 pm
45 minutes 18 seconds

S9 E02: Cryptocurrency Scams – The Digital Deception
This episode explores the intricate world of cryptocurrency scams, key red flags, and strategies to protect oneself from falling prey to these schemes.

Join our experts Charlie Pettypiece, Senior Investigation Counsel in the Enforcement Branch of the Ontario Securities Commission and Dena Staikos, Manager in the Compliance and Registrant Regulation Branch of the Ontario Securities Commission, to learn more about Identifying warning signs of potential cryptocurrency scams and safe investing practices in the crypto market.

Key Takeaways:
- Learn all about digital assets and crypto asset trading platforms to get started on your crypto journey
- Learn why cryptocurrencies attract people and why it is crucial these assets are regulated
- Learn how to protect yourself when investing into crypto – and what red flags you need to look out for
Additional Resources:
Download transcript

“The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada or Ontario Securities Commission. 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.”
1 February 2024, 1:00 pm
28 minutes 55 seconds

S9 E01: Money Laundering – The Hidden Trail
Increased risks of fraud scams leading to money laundering have intensified as we step further into the digital era. As our financial institutions become more digitized, so increases a fraudster’s ability to generate and move illicit funds anonymously and instantaneously.

What is money laundering? How has it evolved? How can it affect you? In this episode, we dive into the complexities of money laundering, exploring its impact on society, businesses, and individuals. We will also discuss governmental measures and initiatives to counteract these challenges and how you can report suspicious financial activities.

Join Terence Karacsony, CPA, CA, CFF, MFAcc Senior Manager in the Valuations, Forensics and Litigation Support practice of the Winnipeg Office of MNP LLP and Sarah Mulhall Director, Regulatory Affairs and Public Interest at CPA Canada, as we discuss the multifaceted landscape of money laundering, its consequences, and the collaborative efforts necessary to address this global issue.

Key Takeaways:
1. Learn and understand the methods of money laundering and its illicit origins.
2. Explore how the evolution of technology can be both exploited and used as a preventative tool against money laundering.
3. Understand the role of financial institutions, businesses and CPAs in detecting, mitigating and preventing money laundering.
4. Discover how money laundering affects business, society and everyday Canadians.
5. Understand the importance of reporting suspicious activities and why individuals must report such behaviour.
Resources:
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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.
25 January 2024, 1:00 pm
37 seconds

S9 Teaser: The dark side of money

Join host Doretta Thompson in season 9 of our Mastering Money podcast. We’re talking about the dark side of money.

Together, we'll unravel the mysterious world of romance and cryptocurrency scams, tax trouble, robbery, money laundering fraudulent home sales and more. Through expert analysis and real-life stories, we dive into the complexities behind these disturbing realities and offer tips to protect you and your loved ones.

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7 December 2023, 5:00 pm
39 minutes 55 seconds

S8 E06: What is a Side Hustle? And is it always about Survival?
The gig economy is here to stay as more individuals are engaging in side hustles to diversify their income streams. This episode will discuss the opportunities and challenges of side hustles, share success stories, and highlight key considerations for those looking to pursue additional income streams.

Hear from Gerald Narciso, a Vancouver-based freelance writer who wrote in The New York Times, The Washington Post, The Globe and Mail, and Bleacher Report/CNN, on challenges and opportunities while pursuing side hustles.

Key Takeaways:
- Learn about side hustles – and find out why millennials and gen Z are leading the charge
- Learn how to turn your side hustle survival into a side hustle romance
- Learn how to prevent your side hustle from jeopardizing your day job
Additional Resources:
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.
12 October 2023, 3:33 pm
33 minutes 24 seconds

S8 E05: Preparing the next generation
Where are your kids learning about money? In a changing financial landscape, how do we help our children manage their money in a world where cash is no longer king?

We discuss how parents can manage these obstacles and pass good financial sense onto the next generation.

In this episode, Hector Crespo, CEO at Mydoh, discusses the importance of financial conversations with kids and how they can help build a solid foundation for their future. Discover effective ways to teach kids about money management, saving, and the value of responsible financial decision-making.

Key takeaways:
- Learn how to have the money talk with your kids – and when
- Unpack your own relationship with money and learn how that’s projected on to your kids
- Learn how to discuss nontraditional financial sources with your kids as well as merging their passions with their work
Additional Resources:
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.
5 October 2023, 4:00 pm
40 minutes 6 seconds

S8 E04: Will AI take over the Job Market?
Artificial Intelligence (AI) is here to stay. With more jobs being automated, are you at risk of being left behind?

We discuss the potential benefits and risks of AI adoption, how it might reshape industries and considerations you need to make to remain employable in a world driven by AI.

Hear from Shesta Babar, KPMG, as we explore the impact of AI on the labor force. Discover more about how AI technology is reshaping industries and learn how to adapt and collaborate with AI to ensure your employability in the future.

Key Takeaways:
- How is AI affecting your industry or profession.
- What opportunities does human-AI collaboration present and in which areas human skills can complement AI capabilities.
- What human skills are irreplaceable and less likely to be automated.
- How to stay updated on AI developments and invest in learning AI-related skills to enhance employment prospects.
- How to adapt a growth mindset and view AI as a tool for enhancing productivity rather than a threat.
Additional Resources:
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.
28 September 2023, 4:00 pm
41 minutes 2 seconds

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:
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.
21 September 2023, 4:00 pm
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