Shadowing Practice: How Canada’s payment systems are under increasing control from the U.S. - Learn English Speaking with Video
Bir pratik modu seçin
Her mod tam ekran bir pratik odası açar.
120 cümleler
Cümleler çok kısa veya çok uzun ise, ayarlamak için Düzenle'ye tıklayın.
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.
Uygulamayı İndir
Akıcı konuşmak için ihtiyacınız olan her şey
AI TelaffuzHer cümleyi puanla
IPA AlıştırmasıHer sesi ustalaştır
Kelime BilgisiKelime bankanızı oluşturun
Kelime OyunuOynarken öğrenin
Aynı Kanal
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
Video Öner
C12
322 cümleler
How Money & Banking Work (& why they're broken today) - Lyn Alden
Daily ConversationUniversity StudentsWorking Adults
C11
118 cümleler
ENGLISH SPEECH | JUSTIN TRUDEAU - We are Canadian (English Subtitles)
Daily ConversationUniversity StudentsWorking Adults
C11
63 cümleler
Power House Episode 2: The Future of Global Commerce: Trusted Data & Digital Supply Chains
Daily ConversationUniversity StudentsWorking Adults
C11
56 cümleler
videoplayback
Daily ConversationUniversity StudentsWorking Adults
C11
407 cümleler
Why AI Tokens are so Expensive - Computerphile
Daily ConversationUniversity StudentsWorking Adults
C13
173 cümleler
STOP Running Code On Your Computer
Daily ConversationUniversity StudentsWorking Adults
C11
157 cümleler
The Impact of Alberta's Referendum Results
Daily ConversationUniversity StudentsWorking Adults
C1221 cümleler
Trita Parsi: Trump’s Iran Strategy Is A CATASTROPHE
Daily ConversationUniversity StudentsWorking Adults
C12
197 cümleler
Why New Zealand Is the Only Safe Haven Left
Daily ConversationUniversity StudentsWorking Adults
B27
23 cümleler
Piratage du fisc : «Les cyberattaques qui touchent l'État ne sont pas du tout complexes», relève
Business EnglishDaily ConversationUniversity Students
C11
65 cümleler
Naomi Klein: The AI Bubble Is Going To Burst. This Is How We Prepare.
Daily ConversationUniversity StudentsWorking Adults
C1315 cümleler
How does Tap to Pay Work?
American AccentDaily ConversationUniversity StudentsWorking Adults
Bu dersin kelimeleri ve konuşma notları
Bu konuşma dersi “How Canada’s payment systems are under increasing control from the U.S” videosuna dayanıyor. En çok tekrarlanan kelimeler: Canadian, card, stablecoin, transaction, dollar. Bu videoda gölgeleme çalışması için 120 cümle ve 1617 kelime var. Konuşma bölümü 8:25 sürüyor. Konuşmacı hızlı konuşuyor, dakikada yaklaşık 192 kelime; bu yüzden birbirine bağlanan ve zayıflayan sesler duyacaksınız. Kelimelerin %83’i İngilizcede en sık kullanılan 3.000 kelime arasında; geri kalanına başlamadan önce bakmakta fayda var.
Bu videodaki önemli kelimeler
Videodan öğrenmeye değer 15 kelime, telaffuzu ve anlamıyla:
| Kelime | Telaffuz | Anlam |
|---|---|---|
| visa isim | /ˈviːzə/ | vize |
| sovereign isim | /ˈsɑv(ə)ɹɪn/ | kral |
| vulnerability isim | /ˌvʌln(ə)ɹəˈbɪlɪti/ | yaralanabilirlik |
| producer isim | /pɹəˈdjuːsə/ | üretici |
| currency isim | /ˈkʌɹ.ən.si/ | para birimi |
| reward isim | /ɹɪˈwɔɹd/ | ödül, mükâfat |
| habit isim | /ˈhæb.ɪt/ | alışkanlık, adet |
| sovereignty isim | /ˈsɑv(ə)ɹənti/ | mutlak güç |
| stable isim | /ˈsteɪ.bəl/ | ahır |
| explanation isim | /ˌɛkspləˈneɪʃən/ | açıklama |
| thread isim | /ˈθɹɛd/ | iplik |
| regulation isim | /ˌɹɛɡjʊˈleɪʃən/ | regülasyon |
| landscape isim | /ˈlan(d)skeɪp/ | manzara, panaroma |
| instant isim | /ˈɪnstənt/ | an |
| sum isim | /sʌm/ | toplam, yekûn |
Duyacağınız deyimsel fiiller
| Kelime | Anlam |
|---|---|
| go out fiil | çıkmak |
Bu videodaki dil bilgisi
Konuşmacının en çok kullandığı yapılar, videodaki sözcüklerin aynısıyla:
| Yapı | Videoda |
|---|---|
| Present perfect continuous have/has been + -ing — önceden başlayıp hâlâ süren bir eylem | that's been going · who's been following |
| Edilgen yapı be + fiilin üçüncü hâli — kimin yaptığı değil, ne olduğu önemli | can be weaponized · are mostly handled · being conducted |
| Present perfect have/has + fiilin üçüncü hâli — geçmişte olan ama şimdi de önemli olan bir eylem | they've done · we've seen · We've also seen |
Dikkat edilecek telaffuzlar
Konuşmacı we're, they've, doesn't gibi kısaltılmış biçimleri 22 kez kullanıyor. Bunları duyduğunuz gibi kısa söyleyin.
- “th” sesleri: thread /ˈθɹɛd/, gather /ˈɡæðɚ/, authorize /ˈɔθəɹaɪz/
- “sh” ve “zh” sesleri: transaction /tɹænˈzækʃən/, explanation /ˌɛkspləˈneɪʃən/, regulation /ˌɹɛɡjʊˈleɪʃən/, politician /ˌpɑ.ləˈtɪʃ.ən/, sanction /ˈsæŋkʃən/
- Uzun kelimeler — vurguyu doğru yere koyun: vulnerability /ˌvʌln(ə)ɹəˈbɪlɪti/, sovereignty /ˈsɑv(ə)ɹənti/, explanation /ˌɛkspləˈneɪʃən/, regulation /ˌɹɛɡjʊˈleɪʃən/, virtually /ˈvɚ.t͡ʃə.wə.li/
Türkçe konuşanların zorlandığı sesler:
- /w/ — dudaklar yuvarlak, /v/ değil: reward /ɹɪˈwɔɹd/, virtually /ˈvɚ.t͡ʃə.wə.li/, wallet /ˈwɑl.ət/, liquidity /lɪkˈwɪdəti/, takeaway /ˈteɪkəweɪ/
- Kelime başındaki ünsüz kümesi — araya ünlü eklemeyin: transaction /tɹænˈzækʃən/, producer /pɹəˈdjuːsə/, crypto /ˈkɹɪptoʊ/, stable /ˈsteɪ.bəl/, thread /ˈθɹɛd/
- /æ/ — “e”den daha açık: transaction /tɹænˈzækʃən/, interact /ɪn.təˈɹækt/, habit /ˈhæb.ɪt/, gather /ˈɡæðɚ/, asset /ˈæsɛt/
Bu videoyla nasıl çalışılır
- Videonun tamamını konuşmadan bir kez dinleyin ve bilmediğiniz kelimeleri not edin.
- 0,75× hızla başlayın, cümle cümle tekrar edin ve kolaylaşınca normal hıza dönün.
- Kendinizi kaydedin ve orijinaliyle karşılaştırın; visa, sovereign, vulnerability gibi kelimelere özellikle dikkat edin.
Gölgeleme Tekniği Nedir?
Gölgeleme, başlangıçta profesyonel tercüman eğitimi için geliştirilen ve çok dilli Dr. Alexander Arguelles tarafından popüler hale getirilen, bilim destekli bir dil öğrenme tekniğidir. Yöntem basit ama güçlüdür: ana dili İngilizce olan bir sesi dinler ve hemen yüksek sesle tekrar edersiniz — konuşmacıyı 1-2 saniye gecikmeyle takip eden bir gölge gibi. Pasif dinleme veya dilbilgisi alıştırmalarının aksine, gölgeleme beyninizi ve ağız kaslarınızı gerçek konuşma kalıplarını eşzamanlı olarak işlemeye ve yeniden üretmeye zorlar. Araştırmalar, telaffuz doğruluğu, tonlama, ritim, bağlı konuşma, dinleme anlama ve konuşma akıcılığını önemli ölçüde geliştirdiğini göstermektedir — bu da onu IELTS Konuşma hazırlığı ve gerçek dünya İngilizce iletişimi için en etkili yöntemlerden biri yapar.