Shadowing Practice: How Canada’s payment systems are under increasing control from the U.S. - Learn English Speaking with Video
בחר מצב תרגול
כל מצב פותח חדר תרגול במסך מלא.
120 משפטים
אם המשפטים קצרים או ארוכים מדי, לחץ על ערוך כדי להתאים אותם.
1
It's something most of us do every day.
2
Tap our credit cards, grab our goods, and go about our business.
3
But what happens after you tap represents a glaring vulnerability in our financial system.
4
Your morning producer, Mike Hiscock, looks at the control the United States has over our ability to move money.
5
Every morning, the bell rings, the markets open, and billions start moving.
6
It's the engine of our daily lives, a financial system we rarely question.
7
But Canada's vulnerabilities here are growing.
8
The last set of numbers that I saw suggested about 93 % of the market for credit is between
9
Visa and MasterCard.
10
Vas Bednar is the managing director of the Canadian Shield Institute, a think tank with a focus on digital sovereignty.
11
We are extremely reliant on foreign companies, and in that case, two very dominant American companies.
12
So that speaks to the power they can exert when it comes to the fees and the percentages that they charge,
13
but also the intelligence that they can gather.
14
It's a very rich data set to understand who people are, their demographics and their habits and their consumptive habits.
15
But I think the real kind of risk and portion of intrigue is
16
that reliance and that interdependence and how that interdependence can be weaponized.
17
Places like the UK and the EU have sort of signaled
18
that they're starting to look at building an alternative to Visa MasterCard.
19
And I think it raises some interesting kind of questions and opportunities.
20
You know, are we willing to confront the Visa card duopoly?
21
Credit card transactions are only the beginning.
22
I spoke to Carl Shimoda, who analyzes shifts in the global economy.
23
He explains how tight the American stranglehold of our payment systems really is.
24
so our credit transactions safe to say go through the united
25
states what about our debit transactions our debit transactions are relatively sovereign
26
they are mostly handled on the internet interact network here in canada
27
and that is that is a separate entity that's held here within canada what i'm noticing more
28
and more with debit cards though is frequently banks are now issuing visa debit
29
or mastercard debit the transactions themselves are being conducted on the visa
30
and MasterCard networks and
31
so you know there is definitely a point of vulnerability
32
there that's not the only thread to our debit transactions tying your card to digital wallets like Google Wallet
33
or Apple Pay gives foreign companies increasing control over those payments as well the US dollar is the language
34
that we all speak in global trade virtually every train trade transaction is done in US dollars
35
and so that means that when we're making a payment
36
when we're settling you know a payable
37
or receivable in the global payment system
38
it has to go through u .s banks how much control
39
does what you just described give the united states over the transactions
40
we make here in canada an enormous amount of control they can stop a payment
41
that is going through the u .s financial system
42
and prevent you know two parties from dealing with each other they can also put on secondary sanctions
43
and it sounds really extreme this idea of us being cut out of the u .s financial system
44
but is this something they've done before
45
Yes, we've seen some of these tools being deployed against countries like
46
North Korea, Iran, Russia in recent years.
47
We've also seen more recently the targeting of individuals, for example, an international criminal court judge.
48
To some breaking news, the Trump administration has slapped a Canadian judge on the international criminal court with sanctions.
49
Kimberly Prost was sanctioned for, quote, ruling to authorize the ICC's investigation into U .S personnel in Afghanistan.
50
It does look very much as if U .S regulators and U .S.
51
politicians are realizing the power that this gives them, and they're increasing the use over time.
52
So if the United States could ice us out of its payment systems, why doesn't it?
53
If we were to see a cutoff like this, this would blow back on the value of the U .S dollar.
54
It would blow back on the integrity and the liquidity of the U .S financial system,
55
and it would ultimately impact the U .S economy as well.
56
Buying Canadian is one thing.
57
Paying Canadian is another.
58
And while companies like
59
Visa, MasterCard, Google, and Apple are pulling control of our own transactions away from us,
60
the payment systems of the future could pose an even larger threat.
61
The number of Canadians who reported owning cryptocurrency more than doubled in two years, rising from 10 % in 2023 to 25 % in 2025.
62
And there's a saying that's been going, everything that can be tokenized will be tokenized.
63
Ali Aboudaya is the CEO of Transactics, the company behind a Canadian -made stablecoin known as Caddx.
64
A stablecoin is a digital dollar, and typically its value is kept constant to a national currency.
65
So a Canadian digital dollar, a stablecoin, is $1 Canadian in real world as well.
66
The main advantages of stablecoins is that they can settle transactions in seconds instead of days.
67
They also come with lower transaction costs.
68
But right now, about 99 % of them are denominated in U .S.
69
And so if 98 % to 99 % of stablecoins are denominated in U .S dollars, if I go out and buy a bunch of stablecoin,
70
what happens to the loony?
71
What happens to the Canadian dollar that I bought those stablecoins with?
72
Where does it go?
73
When you take one dollar from the Canadian market or you buy one U .S dollar stablecoin,
74
1 .45 Canadian dollars leave the Canadian economy and they live in basically the U .S economy.
75
So could we run into a situation where if stablecoins catch on and everybody starts to buy stablecoins,
76
could we start to displace our own currency? That risk is real.
77
We designed CadEx to be one of the most easily exchangeable assets on this blockchain.
78
And it's Canadian sovereign, fully Canadian controlled, Canadian reserves, Canadian technology stack, sovereign to the nth degree.
79
I view it as a very strong opportunity for us to own our future.
80
And producer Mike Hiscox, join us in studio now.
81
There was a lot in that piece, but the big takeaway I had is the risk is in the reliance.
82
So if we can build an interact network for our debit cards, why can't we develop one for our credit?
83
So for a credit card to be successful, it needs to be accepted pretty much everywhere.
84
And in order for stores to get on board with accepting it,
85
they have to know that their average customer is going to have a credit card and also want to use it.
86
And so Visa and MasterCard have done a very good job of making this a reality by offering their customers lucrative rewards.
87
But if you dig a little deeper, their business strategy is actually even more clever than that.
88
Because just like McDonald's is more of a real estate empire than a fast food business,
89
the same is a little bit true of Visa and MasterCard in that they don't issue credit cards themselves.
90
What they do is they go around the world signing agreements with banks to issue the cards for them.
91
What they give the banks in return is access to this network they've built, this network of banks and merchants and accounts.
92
And banks want in on this network because it's fast, it's safe, it's reliable.
93
If you tap your Visa or MasterCard pretty much anywhere in the world, chances are it's going to work.
94
So they've cultivated that network over years and in a landscape where they didn't face all that much competition.
95
And so for Canada to now enter that from scratch and launch our own credit card,
96
it would mean at least initially that we'd be launching one
97
that isn't accepted in as many places or doesn't offer the same rewards or the fees are higher.
98
It just wouldn't be as competitive.
99
Interesting.
100
So where does that leave us then?
101
Well, if for anybody who's been following the news this week, you might have heard of the launch of the real -time rail system
102
and so this is a bit of an oversimplified explanation
103
but what that is is it's basically an upgrade to the interact e -transfer function
104
and so it allows for instant transfers from from one person's account to another
105
and it also allows for the transfer of higher sums of money
106
and so canada's already in talks with the european union about linking our real -time rail system with their equivalent
107
which is known as the tip system and if
108
that were to happen then some of the money
109
that flows between canada and Europe could be done on rails that we control jointly with our allies in Europe.
110
The other thing to keep an eye on is crypto, because America is dominant there as well,
111
but that dominance isn't as firmly as entrenched as it is with the credit card sector.
112
And what we're starting to see is earlier this year, we passed the Stablecoin Act.
113
So we're starting to veer into the regulation of cryptocurrency.
114
And we're starting to see more and more Canadian businesses pop up
115
that are offering stable coins denominated in Canadian dollars so that now if someone goes online and buys cryptocurrency,
116
they at least have the option of keeping the money here instead of almost by default, letting it flow across the border.
117
So it's like sovereignty in crypto world.
118
That's exactly right.
119
This was fascinating.
120
Mike, thanks so much for the story and for coming in.
הורד אפליקציה
כל מה שאתה צריך כדי לדבר בשטף
הגיית AIציון לכל משפט
תרגול IPAשלוט בכל צליל
אוצר מיליםבנה את מאגר המילים שלך
משחק אוצר מיליםלמד תוך כדי משחק
אותו ערוץ
B21
Report shows busiest traffic intersection cameras in Winnipeg
Daily ConversationWorking Adults
B21
Manitoba woman photographed in nude inside home | CTV News Winnipeg at Six for Aug. 26, 2026
Daily ConversationWorking Adults
B11
AI vibe coding changes a local man’s life path
Daily ConversationWorking Adults
B22
The latest on the Canada, U.S. trade war | | CTV News Windsor at 11 for Aug. 27, 2026
Daily ConversationWorking Adults
B21
Debris from missing Ontario-based air ambulance located | CTV National News for Oct. 3, 2026
Daily ConversationWorking Adults
B21
Quebec sovereigntist party will form next government | CTV National News for Oct. 5, 2026
Daily ConversationWorking Adults
B23
Smith vows not to hold another referendum on separation | CTV National News for Oct. 20, 2026
Daily ConversationWorking Adults
B22
U.S. suspect connected to Tumbler Ridge shooting charged | CTV National News at 5:30 for Oct. 6 2026
Daily ConversationWorking Adults
B25
Trump berates Canada during White House event | CTV National News for Sept. 30, 2026
Daily ConversationWorking Adults
B29
‘It looked like a war zone’: Over 200 homes destroyed in Bradley Creek, B.C. wildfire
Daily ConversationUniversity StudentsWorking Adults
B21
Plane fighting wildfires with 3 on board crashes in Northwest Territories
Daily ConversationWorking Adults
FOR YOU
המלץ על סרטון
C12
322 משפטים
How Money & Banking Work (& why they're broken today) - Lyn Alden
Daily ConversationUniversity StudentsWorking Adults
C11
118 משפטים
ENGLISH SPEECH | JUSTIN TRUDEAU - We are Canadian (English Subtitles)
Daily ConversationUniversity StudentsWorking Adults
C11
63 משפטים
Power House Episode 2: The Future of Global Commerce: Trusted Data & Digital Supply Chains
Daily ConversationUniversity StudentsWorking Adults
C11
56 משפטים
videoplayback
Daily ConversationUniversity StudentsWorking Adults
C11
407 משפטים
Why AI Tokens are so Expensive - Computerphile
Daily ConversationUniversity StudentsWorking Adults
C13
173 משפטים
STOP Running Code On Your Computer
Daily ConversationUniversity StudentsWorking Adults
C11
157 משפטים
The Impact of Alberta's Referendum Results
Daily ConversationUniversity StudentsWorking Adults
C1221 משפטים
Trita Parsi: Trump’s Iran Strategy Is A CATASTROPHE
Daily ConversationUniversity StudentsWorking Adults
C12
197 משפטים
Why New Zealand Is the Only Safe Haven Left
Daily ConversationUniversity StudentsWorking Adults
B27
23 משפטים
Piratage du fisc : «Les cyberattaques qui touchent l'État ne sont pas du tout complexes», relève
Business EnglishDaily ConversationUniversity Students
C11
65 משפטים
Naomi Klein: The AI Bubble Is Going To Burst. This Is How We Prepare.
Daily ConversationUniversity StudentsWorking Adults
C1315 משפטים
How does Tap to Pay Work?
American AccentDaily ConversationUniversity StudentsWorking Adults
אוצר מילים והערות הגייה לשיעור הזה
שיעור הדיבור הזה מבוסס על הסרטון “How Canada’s payment systems are under increasing control from the U.S”. המילים שחוזרות הכי הרבה: Canadian, card, stablecoin, transaction, dollar. בסרטון הזה יש 120 משפטים ו-1617 מילים לתרגול Shadowing. הדיבור נמשך 8:25. הדובר מדבר מהר, כ-192 מילים בדקה, אז צפו לצלילים מחוברים ומקוצרים. 83% מהמילים נמצאות בין 3,000 המילים הנפוצות ביותר באנגלית; כדאי ללמוד את השאר לפני שמתחילים.
אוצר מילים מרכזי בסרטון הזה
15 מילים מהסרטון שכדאי ללמוד, עם ההגייה והמשמעות שלהן:
| מילה | הגייה | משמעות |
|---|---|---|
| transaction שם עצם | /tɹænˈzækʃən/ | עִסְקָה |
| visa שם עצם | /ˈviːzə/ | וִיזָה, אֲשֵׁרָה |
| producer שם עצם | /pɹəˈdjuːsə/ | יַצְרָן |
| currency שם עצם | /ˈkʌɹ.ən.si/ | מַטְבֵּעַ |
| reward שם עצם | /ɹɪˈwɔɹd/ | פְּרָס, שָׂכָר |
| habit שם עצם | /ˈhæb.ɪt/ | הֶרְגֵּל, מִנְהָג |
| dominant שם תואר | /ˈdɑmənənt/ | דומיננטי |
| sovereignty שם עצם | /ˈsɑv(ə)ɹənti/ | סוּבֶרֶנִיּוּת, ריבונות \ רִבּוֹנוּת |
| stable שם עצם | /ˈsteɪ.bəl/ | אֻרְוָה |
| explanation שם עצם | /ˌɛkspləˈneɪʃən/ | הֶסבֵּר |
| thread שם עצם | /ˈθɹɛd/ | חוּט |
| landscape שם עצם | /ˈlan(d)skeɪp/ | נוֹף |
| instant שם עצם | /ˈɪnstənt/ | רֶגַע |
| sum שם עצם | /sʌm/ | סְכוּם |
| default שם עצם | /dɪˈfɔlt/ | ברירת מחדל |
Phrasal verbs שתשמעו
| מילה | משמעות |
|---|---|
| go out פועל | יָצָא |
דקדוק בסרטון הזה
המבנים שהדובר משתמש בהם הכי הרבה, עם המילים המדויקות מהסרטון:
| מבנה | בסרטון |
|---|---|
| הווה מושלם ממושך (Present perfect continuous) have/has been + -ing — פעולה שהתחילה בעבר ועדיין נמשכת עכשיו | that's been going · who's been following |
| סביל (Passive voice) be + past participle — הדגש הוא על מה שקורה, לא על מי שעושה את הפעולה | can be weaponized · are mostly handled · being conducted |
| הווה מושלם (Present perfect) have/has + past participle — פעולה שקרתה בעבר ועדיין יש לה חשיבות או השפעה עכשיו | they've done · we've seen · We've also seen |
הגייה ששווה לשים לב אליה
הדובר משתמש ב-22 קיצורים וצורות מקוצרות, כמו we're, they've, doesn't. אמרו אותם בצורה הקצרה, כפי שאתם שומעים אותם.
- הצלילים של “th”: thread /ˈθɹɛd/, gather /ˈɡæðɚ/, authorize /ˈɔθəɹaɪz/
- הצלילים של “sh” ו-“zh”: transaction /tɹænˈzækʃən/, explanation /ˌɛkspləˈneɪʃən/, regulation /ˌɹɛɡjʊˈleɪʃən/, politician /ˌpɑ.ləˈtɪʃ.ən/, sanction /ˈsæŋkʃən/
- מילים ארוכות — שימו לב להטעמה: vulnerability /ˌvʌln(ə)ɹəˈbɪlɪti/, sovereignty /ˈsɑv(ə)ɹənti/, explanation /ˌɛkspləˈneɪʃən/, regulation /ˌɹɛɡjʊˈleɪʃən/, virtually /ˈvɚ.t͡ʃə.wə.li/
צלילים שדוברי עברית מתקשים בהם:
- /w/ — שפתיים מעוגלות, לא /v/: reward /ɹɪˈwɔɹd/, virtually /ˈvɚ.t͡ʃə.wə.li/, wallet /ˈwɑl.ət/, liquidity /lɪkˈwɪdəti/, takeaway /ˈteɪkəweɪ/
- /æ/ — פתוח יותר מה-“אֶ” העברית, לא כמו “a” ב-“cup”: transaction /tɹænˈzækʃən/, interact /ɪn.təˈɹækt/, habit /ˈhæb.ɪt/, gather /ˈɡæðɚ/, asset /ˈæsɛt/
- /r/ — הלשון לא נוגעת בשום מקום, לא ה-“ר” הגרונית: transaction /tɹænˈzækʃən/, rail /ɹeɪ(ə)l/, interact /ɪn.təˈɹækt/, sovereign /ˈsɑv(ə)ɹɪn/, vulnerability /ˌvʌln(ə)ɹəˈbɪlɪti/
איך לתרגל עם הסרטון הזה
- הקשיבו לכל הסרטון פעם אחת בלי לדבר, ורשמו את המילים שאתם לא מכירים.
- התחילו במהירות 0.75×, תרגלו Shadowing משפט אחר משפט, וחזרו למהירות רגילה כשזה מרגיש קל.
- הקליטו את עצמכם והשוו למקור, תוך תשומת לב למילים כמו transaction, visa, producer.
מהי טכניקת השאדואינג?
שאדואינג היא טכניקת למידת שפה מבוססת מדע שפותחה במקור להכשרת מתורגמנים מקצועיים ופופולרית על ידי הפוליגלוט ד"ר אלכסנדר ארגואלס. השיטה פשוטה אך עוצמתית: אתה מקשיב לאודיו באנגלית ילידית וחוזר עליו בקול רם מיד — כמו צל העוקב אחרי הדובר עם עיכוב של 1–2 שניות בלבד. בניגוד להאזנה פסיבית או תרגילי דקדוק, שאדואינג מכריח את המוח והשרירים בפה לעבד ולשחזר דפוסי דיבור אמיתיים בו זמנית. מחקרים מראים שזה משפר משמעותית את דיוק ההגייה, האינטונציה, הקצב, הדיבור המחובר, הבנת השמיעה ושטף הדיבור — מה שהופך אותו לאחת השיטות היעילות ביותר להכנה לIELTS Speaking ולתקשורת באנגלית בעולם האמיתי.