The Wealth Exchange
The Wealth Exchange provides access to the experts on the issues that are important to affluent families and business leaders across Canada. Providing in-depth conversations on a wide range of topics, the podcast has featured change makers, business leaders, subject matter experts and humanitarians from around the globe.
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Beyond the Hype: How Long-Term Investors Are Thinking About AI
02/19/2026
Beyond the Hype: How Long-Term Investors Are Thinking About AI
Artificial intelligence sits at the center of today’s market narrative, surrounded by extraordinary investment, ambitious projections, and no shortage of bold claims. Yet as capital pours into infrastructure, chips, and data centers, investors are increasingly asking a more difficult question: what does realistic, long-term value creation from AI actually look like? In this episode, host Chris Nicola, CEO of Nicola Wealth, sits down with Eugene Wong, Associate Portfolio Manager | Public Assets, to unpack what’s really happening inside the AI super cycle. Drawing on Eugene’s research paper “The AI Gold Rush” and his background in technology, the conversation explores the scale of AI infrastructure spending, the gap between investment and earnings, and why productivity gains have so far fallen short of the most optimistic forecasts. For investors looking to move beyond headlines and understand how AI fits into a disciplined, long-term investment framework, this episode offers a thoughtful, grounded perspective on where we may be in the cycle, and how patience, selectivity, and realism matter most as the story continues to unfold.
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5 Mistakes Even Seasoned Investors Can Make
02/05/2026
5 Mistakes Even Seasoned Investors Can Make
Most investing mistakes do not happen in moments of panic. They often happen when confidence is high, markets feel calm, and success starts to feel familiar. In this episode of The Wealth Exchange, James Atherton, Vice President, Private Wealth | Client Relationship Manager and Chris Warner, Wealth Advisor | Client Relationship Manager examine five common errors seasoned investors can make, and share practical frameworks for staying disciplined, aligned, and prepared through every phase of the cycle. Through real client experiences and practical insight, the conversation explores how discipline can drift, risk can quietly increase, and well-intentioned decisions around taxes, liquidity, and portfolio structure can have unintended consequences. The discussion challenges common assumptions about experience and safety, and highlights why strong markets can be just as dangerous as volatile ones. For investors who want to protect what they have built and sharpen their decision-making before mistakes become potentially expensive, this episode offers perspective, clarity, and a timely reminder that lasting success is rarely accidental.
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Why Infrastructure Can Be a Steady Force in a Volatile Market
01/29/2026
Why Infrastructure Can Be a Steady Force in a Volatile Market
Infrastructure continues to play a distinct role in portfolios, particularly during periods of economic and market change. In this episode of The Wealth Exchange, host Jasmine Marichic, Wealth Advisor | Client Relationship Manager at Nicola Wealth, speaks with Ashley Ng, Senior Director and Head of Infrastructure Investments, and Sebastian Nicholson, Principal, Infrastructure Investments, about infrastructure. Drawing on real-world examples, from power grids and data centres to energy transition assets, the conversation explores how infrastructure generates cash flows, responds to inflation, and behaves in shifting interest rate environments. Ashley and Sebastian also discuss current areas of focus, including digital infrastructure supporting AI, energy security, and the role of private capital in upgrading essential infrastructure. This episode offers a clear, practical discussion for investors looking to better understand how infrastructure may fit within a diversified portfolio.
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What Are You Really Passing Down? Values, Wealth, or Confusion
01/23/2026
What Are You Really Passing Down? Values, Wealth, or Confusion
Legacy is often treated as an end-of-life conversation, but what if it is actually a daily practice? In this episode of The Wealth Exchange, host Cassandra Cross is joined by Teresa Virani, Executive Director of Philanthropy at Nicola Wealth, to explore how legacy is shifting from an end-of-life concept to a lived and intentional practice. Drawing on her work with families across Canada, Teresa shares how wealth becomes most meaningful when it is directed with purpose rather than simply accumulated. The conversation examines how philanthropy can strengthen family connections, prepare the next generation for stewardship, and bring clarity to wealth transfer conversations that often feel complex or emotional. Together, Cassandra and Teresa discuss how women are redefining wealth through confidence, collaboration, and long-term thinking. They explore everything from involving children earlier in financial conversations to using strategic giving tools that align generosity with values and long-term planning. For women and families looking to approach wealth with greater intention, this episode offers a thoughtful perspective on how legacy is built in real time through the choices we make, the conversations we have, and the values we choose to live by.
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The Global Infrastructure Opportunity Hiding in Plain Sight
01/15/2026
The Global Infrastructure Opportunity Hiding in Plain Sight
Infrastructure underpins everything from energy to transport... but how do the world's largest investors decide where to place billions in long-term capital? In this episode of The Wealth Exchange, host Robert Olsen is joined by Thomas Vieillescazes, Partner and Head of CVC DIF France, the infrastructure arm of global investment firm CVC. Alongside co-host Sebastian Nicholson, they explore how global infrastructure investing requires local teams with boots on the ground. From public-private partnerships to renewable energy, Thomas shares what it takes to manage major infrastructure assets, navigate complex regulations, and uncover opportunity in changing markets. With over €19 billion in assets under management, CVC DIF offers a rare, behind-the-scenes look at how large-scale infrastructure deals really come together.
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Markets Defy the Noise: Q4 2025
01/08/2026
Markets Defy the Noise: Q4 2025
In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Marichic to unpack what powered market resilience this year, and what it means for investors heading into 2026. Ben breaks down how rate cuts without recession, durable earnings, and an AI-driven capital spending cycle supported equities, while late-year rotation signaled a shift beyond crowded growth trades. He explores how AI is evolving from hype to payoff, why energy has split into two distinct paths, and how tariffs and political change shaped inflation and bond markets. Looking ahead to 2026, the conversation focuses on portfolio positioning in an expensive market - why diversification matters more than ever, how bonds and currencies are behaving differently, and where opportunities may emerge after a strong run.
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Federal Tax Shifts Explained: Enhancements, Risks & Planning Insights
12/18/2025
Federal Tax Shifts Explained: Enhancements, Risks & Planning Insights
With new tax credits, compliance updates, and evolving regulations, Canada’s tax landscape can be challenging to navigate. In this episode of The Wealth Exchange, Ethan Astaneh, Wealth Advisor | Client Relationship Manager at Nicola Wealth, sits down with Matt Baker of Baker Tilly, one of Canada’s largest independent accounting and business advisory firms, to break down what these recent changes mean for planning, investment, and compliance. Drawing on his extensive experience guiding clients through tax planning, compliance, and investment strategies, Matt explores both the enhancements designed to encourage investment, such as expanded SR&ED credits, flow-through share incentives, accelerated capital deductions, and the potential pitfalls that business owners need to watch for, from AMT considerations to emerging CRA review priorities. For business owners and investors seeking clarity, this episode offers a practical, expert-led perspective on navigating Canada’s evolving tax landscape, highlighting the areas of opportunity, the areas of risk, and what thoughtful planning can achieve. For details on Baker Tilly’s advisory services, or to connect with Matt Baker, visit
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Closing Out the Year: Important Tax and Planning Tips for Canadian Investors
12/11/2025
Closing Out the Year: Important Tax and Planning Tips for Canadian Investors
As 2025 comes to an end, many investors are weighing what the close of the year means for their financial picture and what steps are worth taking before the calendar turns. Understanding what matters most at year-end can help ensure your financial picture stays on track heading into 2026. In this episode of The Wealth Exchange, host James Atherton, Vice President of Private Wealth | Client Relationship Manager, sits down with Chris Warner, Wealth Advisor | Client Relationship Manager in our Victoria office, to break down the seven key planning items worth reviewing before year-end. Together they walk through practical considerations around tax-loss selling, charitable giving strategies, RIF and RRSP deadlines, maximizing TFSA room, how to use the FHSA effectively, and what parents should know about RESP contributions and available grants. James and Chris take a clear, conversational look at each topic, highlighting what’s changed this year, what commonly gets missed, and how thoughtful preparation now can help you enter the new year with confidence, without any last-minute financial surprises.
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Real Estate's Reset: What Today's Valuations Are Really Telling Us
12/04/2025
Real Estate's Reset: What Today's Valuations Are Really Telling Us
Real estate headlines have been dominated by uncertainty, from higher interest rates to shifting valuations and tightened liquidity. But for investors, the real question is what all of this means for the next phase of the cycle. In this episode, host Rob Olsen, Head of Nicola Wealth Private Capital, speaks with Mark Hannah, Head of Real Estate at Nicola Wealth, about the current state of the real estate market. With more than 40 years of experience navigating rising rates, recessions, and recoveries, Mark shares a long-term perspective on how real estate cycles typically unfold and what indicators he’s watching closely today. The conversation covers the areas shaping investor outcomes right now, including the state of debt markets, the impact of valuations, how liquidity is evolving, and why redemption activity has increased across the industry. For investors looking to understand where real estate may be heading next, this episode offers a clear, grounded view of a sector in transition and what patience and preparedness can mean over the long term.
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How Credit Secondaries Fit Into Today’s Private Credit Market
12/01/2025
How Credit Secondaries Fit Into Today’s Private Credit Market
In this episode of The Wealth Exchange, Rob Olsen, Head of Private Capital, is joined by Stacey Mouadeb, Director in Nicola Wealth’s private debt platform, for a conversation with Rick Jain, Partner and Global Head of Private Credit at Pantheon. Together, they break down credit secondaries: what they are, how they work, and why more institutions are using them to create liquidity, rebalance portfolios, and manage risk. Rick explains how buying existing portfolios of loans at a discount can help investors seek income, diversification, and potential upside, while still putting capital protection first – a key difference from traditional private equity secondaries. The discussion also follows Rick’s path from growing up in Toronto to building a global private credit platform in New York, and explores how Pantheon and Nicola Wealth think about quality, scale, and downside protection in today’s environment. Whether you’re already invested in private credit or simply curious about how this part of the market works, this episode offers a clear, practical introduction to an area that is becoming increasingly important for investors.
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The Heart of Giving: A Conversation with Dr. Chris and Leslie Reilly
11/28/2025
The Heart of Giving: A Conversation with Dr. Chris and Leslie Reilly
In this episode of The Wealth Exchange, host Tim Stranks, Wealth Advisor and Director of the Nicola Wealth Private Giving Foundation, sits down with Dr. Chris and Leslie Reilly to talk about the purpose and impact behind their lifetime of philanthropy. As longtime Nicola Wealth clients and dedicated supporters of BC Children’s Hospital, the Reillys share how their personal experiences, professional lives, and family values shaped their commitment to giving. Chris reflects on his career at BC Children’s as a current surgeon and former Head of Orthopedic Surgery, the mentors who guided him, and the transformational role donor support plays in equipment, research, and global medical training. Leslie offers her perspective from both social work and community involvement, highlighting how meaningful giving extends far beyond financial contributions. Together, they discuss how planned philanthropy helped them become more intentional with their support, how donor-funded advancements have changed children’s lives, and why giving has become a central part of their family’s legacy. Their story illustrates how thoughtful philanthropy can drive measurable results.
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Investing in You: The Return on Self-Investment for Women
11/13/2025
Investing in You: The Return on Self-Investment for Women
In this episode, hosts Cassandra Cross, Wealth Advisor | Client Relationship Manager, and Selena Woo, Vice President, Private Wealth – Associates, explore what it truly means to invest in yourself, personally, professionally, and financially. Drawing from their own experiences, Cassandra and Selena share how self-belief, strategic choices, and intentional self-care can create lasting returns that extend beyond financial success. From Selena’s philosophy of “decades of compounding confidence” to Cassandra’s lessons on balance after burnout, they offer practical insights on how women can redefine wealth, success, and legacy on their own terms. Recognizing yourself as your greatest asset can change everything. Every decision to invest in your growth, whether paying down debt, pursuing new opportunities, or prioritizing well-being, builds confidence, resilience, and long-term impact.
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From Policy to Progress: Insights on the Future of Private Capital
11/07/2025
From Policy to Progress: Insights on the Future of Private Capital
What does it take to build lasting value in a world where markets and technology are evolving faster than ever? In this episode of The Wealth Exchange, host Rob Olsen, Head of Nicola Wealth Private Capital, and co-host Kent Sio, Principal, Private Equity and Venture Capital, sit down with Perry Miele, Managing Partner at Beringer Capital, for a dynamic conversation on the future of private capital. From navigating NAFTA negotiations to leading global businesses, Perry shares thoughtful lessons on leadership, digital transformation, and the growing influence of AI in modern investing. He also discusses the importance of staying disciplined in a shifting market and why optimism and long-term thinking remain essential to success in private equity.
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Carrying It All: Women, Wealth & the Invisible Load
10/30/2025
Carrying It All: Women, Wealth & the Invisible Load
Behind every career move, family milestone, and household decision lies a financial story that rarely gets told. In this episode, Cassandra Cross, Wealth Advisor and Client Relationship Manager at Nicola Wealth, sits down with estate lawyer Christianne Murphy to explore the often-overlooked “invisible load” women carry, especially during major life transitions like marriage, motherhood, caregiving, or career changes. Together, they unpack the emotional and financial weight of this hidden labour, share personal stories, and offer actionable strategies to help women protect their financial identity, plan with confidence, and create space for their own goals.
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Architects of Legacy: In Conversation with Isadore Sharp & John Nicola
10/23/2025
Architects of Legacy: In Conversation with Isadore Sharp & John Nicola
What makes a legacy last? In this special conversation, Isadore “Issy” Sharp, founder of the Four Seasons Hotels and Resorts, joins John Nicola, founder and CEO of Nicola Wealth, to reflect on the principles that built two enduring organizations. Moderated by Ori Mandowsky with opening remarks from Chris Nicola, the discussion explores how values like service, culture, and generosity can shape success far beyond the balance sheet. Together, they discuss the Golden Rule that defined Four Seasons, the “Share the Pie” philosophy behind Nicola Wealth, and how both founders approach succession, leadership, and philanthropy with intention.
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Equity Gains and Economic Strains: Q3 2025
10/09/2025
Equity Gains and Economic Strains: Q3 2025
A resilient market masked a quarter defined by policy tension, valuation concerns, and inflation uncertainty. In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Marichic to unpack a quarter marked by rising equity markets and rising risks. From the evolving US–Canada tariff dispute and its implications for key industries, to concentrated market leadership, high valuations, sticky inflation, and bond volatility, Ben explores the complex macro environment investors face today. He also explains why diversification, real assets, and illiquidity premiums can play a vital role in helping build more resilient portfolios.
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Beyond RRSPs: The IPP Advantage
09/25/2025
Beyond RRSPs: The IPP Advantage
In this weeks episode, Ethan Astaneh, Client Relationship Manager at Nicola Wealth, explains how IPPs work for incorporated professionals, business owners, and executives - offering tax deferral, income splitting, and estate planning benefits that can help families manage wealth more efficiently. Discover real world examples, eligibility criteria, and why successful professionals are incorporating IPPs as a complement to traditional RRSPs. If you're earning high T4 income or planning to sell your business, this retirement strategy could enhance your long-term retirement and estate planning.
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Sarah McLachlan & John Nicola on Music, Mentorship, and Miracles
09/18/2025
Sarah McLachlan & John Nicola on Music, Mentorship, and Miracles
Music has the power to transform lives, and few understand this better than Sarah McLachlan. In this episode, host John Nicola, CEO, CIO and Chairman at Nicola Wealth, sits down with the Grammy-winning artist and philanthropist to explore her remarkable journey from a 19-year-old with a record deal to the founder of a groundbreaking music education program. Together, they trace McLachlan's path from Halifax to Vancouver, her early experiences with World Vision that sparked a lifelong commitment to giving back, and the creation of Sarah McLachlan School of Music 24 years ago. The conversation dives deep into the school's barrier-free model, serving 1,200 students across Vancouver, New Westminster, and Edmonton with completely free programming, and the extraordinary results - including a 99% high school graduation rate among participants. McLachlan shares insights from her annual "Barefoot in the Backyard" fundraiser, the challenges of scaling a nonprofit organization, and her vision for sustainable philanthropy. The discussion also explores broader themes around community impact, the infinite game of giving back, and how access to music education can provide vulnerable youth with mentorship, connection, and a safe space to discover their authentic selves.
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The Rational Investor: Navigating Behavioural Pitfalls with John Nicola
08/28/2025
The Rational Investor: Navigating Behavioural Pitfalls with John Nicola
Even the most disciplined investors can be influenced by emotions and biases. In this episode, Benjamin Jang, Investment Strategist at Nicola Wealth, introduces John Nicola, Chairman, CEO & CIO, who explores the field of behavioural finance. John examines the psychological traps that can influence even the most experienced investors, from loss aversion and overconfidence to anchoring and confirmation bias, and how these behaviours can affect long-term returns. Drawing on historical examples and modern research, John highlights practical ways investors can counteract bias through systematic rebalancing, disciplined asset allocation, and diversification.
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Housing at a Crossroads: What’s Driving Canada’s Real Estate Market?
08/22/2025
Housing at a Crossroads: What’s Driving Canada’s Real Estate Market?
Canada’s housing market is at a crossroads, driven by record immigration, shifting interest rates, and mounting construction challenges. In this episode, host Ethan Astaneh, Wealth Advisor | Client Relationship Manager, sits down with Dan Wurtele and Ryan Dash of The Vancouver Life Real Estate Group for a data-driven look at the state of Canadian real estate. Together, they unpack the demand story behind immigration, what interest rates and cap rates are signalling, and why investor sentiment remains cautious. The conversation also dives into stalled development projects, the rise of purpose-built rentals, and new opportunities emerging in multiplex housing, shedding light on what these shifts mean for homeowners, investors, and the next generation of buyers.
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Planning Through Uncertainty: A Guide for High-Net-Worth Families
07/31/2025
Planning Through Uncertainty: A Guide for High-Net-Worth Families
In this episode, Vanessa Flockton, President of Private Wealth at Nicola Wealth, addresses the questions on every investor’s mind: How do you plan and invest when the world feels anything but stable? From rising geopolitical tensions and tariff wars to market volatility and inflation concerns, Vanessa shares a grounded approach to navigating uncertainty through disciplined financial planning. With a sample case study of long-time clients, Vanessa illustrates how Nicola Wealth’s disciplined approach, grounded in personalized planning, diversified asset allocation, and a focus on cash-flow-generating investments, can help families stay on track, even in uncertain times.
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Pattern Recognition and Persistence: Hard-Won Lessons from a PE Veteran
07/24/2025
Pattern Recognition and Persistence: Hard-Won Lessons from a PE Veteran
What does it take to build a lasting career in private capital? In this episode, Nicola Wealth’s Rob Olsen sits down with Mike Mazan, longtime private equity leader, board member, and co-founder of KingsPeak Partners, to explore the evolution of Canada’s private capital landscape over the past two decades. From early lessons at McKinsey and Rogers to landmark investments at Birch Hill Equity Partners, including early backing of Constellation Software, Mike reflects on the wins, the pivots, and the leadership values that shape successful long-term investing. He shares his transition to family office investing, his motivations for co-founding Kingspeak, and how he and his partners are deploying their own capital with an indefinite time horizon.
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Canadian Markets vs. Tariff Headwinds: Q2 2025
07/17/2025
Canadian Markets vs. Tariff Headwinds: Q2 2025
Markets may be rising, but risks are too. In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Maricic to unpack the sharp contrasts of the second quarter of 2025 — from tariff shocks and interest rate uncertainty to surprising equity rebounds. Together, they explore where Nicola Wealth sees opportunity in today’s complex environment, including fixed income, public equities, and secondary private markets. They also touch on reporting transparency, the importance of rebalancing, and strategies to help investors avoid emotional decision-making.
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People First, Profit Follows: Building a Legacy of Generosity
07/03/2025
People First, Profit Follows: Building a Legacy of Generosity
Mark Therriault, Vice President of Business Succession and Estate Planning, sits down with Mike and Karen Heppell, founders of Longboard Architectural Products. From betting the farm on a manufacturing startup to creating one of Abbotsford’s most admired workplace cultures, the Heppells share their journey of grit, vision, and leading with purpose. They share how they built a thriving business grounded in people-first values, operational excellence, and community impact, and why generosity is now embedded in their culture, from philanthropy to employee engagement.
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Going on a Bear Hunt: Four Market Factors to Consider
06/24/2025
Going on a Bear Hunt: Four Market Factors to Consider
Recorded live on June 3 in Victoria, Nicola Wealth Advisor | Client Relationship Manager, Chris Warner, hosts a timely discussion on the forces shaping today’s investment environment. Ben Jang, Portfolio Manager, Investment Strategist, opens with a compelling analysis of the four key indicators that have preceded every bear market over the past 200 years, and why all four are now in play. Shaun Blythen, Vice President, Real Estate Investments & Portfolio Strategy, provides an update on Nicola Real Estate’s development activity in Victoria and discusses the long-term role of real estate in diversified portfolios. Ashley Ng, Senior Director, Head of Infrastructure Investments, closes the conversation with a look at the role of infrastructure within private capital and how the asset class has historically demonstrated resilience through various market conditions. Together, these insights highlight how a thoughtful, multi-asset approach can help investors remain resilient and well-positioned, even as conditions shift. 13:42 - 13:47 - 8.1% annualized return for Nicola Core Portfolio Fund. Ranking by 10-year Return as of Dec 31, 2024. Compared against AIMCO, BCi, CDPQ, CPP, HOOPP, OMERS, OTPP, PSP. PSP and BCi as of March 2024. 14:47 - 14:58 - Total Portfolio Returns (Dec 1986 - June 2024, Equal Weighted %). Outperformance in reference to TSX Composite. 14:58 - 15:08 - Annualized Volatility (Dec 1986 - June 2024). Outperformance in reference to TSX Composite. 17:27 - 17:34 - Nicola Canadian Real Estate Limited Partnership; inception date: Dec 2005. Since inception return of 8.9% 17:35 - 17:49 - Nicola U.S. Real Estate Limited Partnership; inception date: June 2010. Since inception return of 9.9% 17:50 - 18:01 - Nicola Value Add Real Estate Limited Partnership; inception date: Nov 2014. Since inception return of 11.9%
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How Altos Ventures Built Success by Thinking Long Term
06/12/2025
How Altos Ventures Built Success by Thinking Long Term
In this episode, Rob Olsen, Head of Private Capital at Nicola Wealth, and Jason Luo, Senior Director of Venture Capital, speak with Han Kim, Co-Founder and Managing Partner at Altos Ventures, a global venture capital firm known for backing breakout companies like Roblox, Coupang, and Woowa Brothers. Han walks through Altos’ early challenges, from launching a fund just before the Asian financial crisis to navigating the dot-com bubble, and explains how those experiences shaped a long-term, founder-first approach to venture investing. The conversation explores what it means to invest with conviction, why the best opportunities often require patience, and how staying close to founders can lead to rare, compounding outcomes.
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The Uncertainty Premium: Finding Value When Markets Fear Change
06/05/2025
The Uncertainty Premium: Finding Value When Markets Fear Change
Recorded live on May 29 at the Nicola Wealth Vancouver Strategic Insights event, this episode features Chairman, CEO, and CIO John Nicola in conversation with the firm’s senior investment leaders. Together, they explore how the team is approaching today’s market environment and identifying opportunities across real estate, private capital, and public assets. Featuring: Alex Messina, Managing Director, Nicola Real Estate Robert Olsen, Head of Private Capital Ben Jang, Portfolio Manager, Investment Strategist William John, Co-Head, Public Assets – Fixed Income This episode shares our perspectives on portfolio construction and the role of different asset classes in a diversified strategy.
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John Nicola on Strategy, Succession & Serendipity
05/29/2025
John Nicola on Strategy, Succession & Serendipity
In this special episode recorded live at the Canada Private Markets Meeting in Toronto, Nicola Wealth’s Founder, Chairman, CEO and CIO, John Nicola joins Michael Kaumeyer, Vice Chair, Nicola Family, for an insightful conversation on leadership, legacy, and navigating uncertainty. John reflects on the unexpected path that led him into financial services and the deliberate decisions that shaped Nicola Wealth’s unique model, one built on integrated planning, long-term thinking, and shared ownership. From early lessons in sales to building a multi-generational firm, John shares what he’s learned about scaling with purpose and preparing for succession. The discussion also explores today’s shifting economic and geopolitical landscape, with John offering a candid perspective on risk, cash flow, and how thoughtful portfolio construction can offer stability in volatile times.
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The Role of Private Debt in Today’s Market with Rob Olsen, Matt Choi and Rahman Vahabzadeh
05/15/2025
The Role of Private Debt in Today’s Market with Rob Olsen, Matt Choi and Rahman Vahabzadeh
In this episode of In the Ring with Rob, host Rob Olsen is joined by Nicola Wealth’s Matt Choi and guest Rahman Vahabzadeh, Managing Director at Audax Private Debt, one of the most established firms in the space with over $24 billion in assets under management. Together, they explore how private debt has evolved into a key component of today’s investment portfolios, why it’s gaining traction with both institutional and individual investors, and how firms like Audax are navigating an increasingly complex and competitive market. From the rise of unitranche financing to what makes a deal resilient in uncertain times, this episode offers a clear, inside look at how private lenders approach risk, return, and long-term opportunity in the U.S. middle market.
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Carney and Trump, What's Next?
05/08/2025
Carney and Trump, What's Next?
In this timely episode, Gary Mar, President and CEO of the Canada West Foundation and former Alberta Cabinet Minister, joins Ben Jang, Portfolio Manager and Investment Strategist at Nicola Wealth, to discuss the recent Canadian federal election and what the results could mean for the economy, energy, and national unity. The conversation explores the potential for cross-party cooperation, the evolving relationship with the United States, and how Canada can strengthen its position through productivity, infrastructure, and Arctic strategy. Together, they offer a thoughtful and wide-ranging discussion on the decisions that could shape Canada’s economic future.
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