Lifetime at Work: Finding the Meaning in Our Careers
Your career is more than just a job—it’s a chance to create an impact and find personal fulfillment. This podcast explores the journeys of business leaders, uncovering how work shapes our lives, the world, and what makes a career truly meaningful.
Hosted by Greg Martin, a Toronto-based investment banker and M&A advisor, the show dives into the deeper questions behind our careers—why we work, what drives success, and how our professional lives shape the world around us. In an era of AI, career freedom, and globalization, the meaning of work is evolving, leaving many to question its true purpose.
Through conversations with founders, business leaders, and investors across private equity, public markets, and venture capital, the podcast uncovers insights from those who have built, grown, and influenced some of North America's most successful companies. It also features advisors, consultants, and investment bankers who help shape the future of business, sharing lessons from their wins, losses, and defining career moments.
Lifetime at Work: Finding the Meaning in Our Careers
Understanding Why Housing Prices and Cost of Living in Canada Feels so High with Paul Musson
Episode 96. For the current generation of young workers in Canada, the feeling that housing and everything else is a little more expensive than the prior generation is present. Why?
In this episode of the Lifetime at Work Podcast, host Greg Martin interviews Paul Musson, a Canadian investor with a 25-year career at Mackenzie Investments. They discuss Paul's journey from his early days in Montreal to his retirement from mutual funds and his current endeavors, including his blog, podcast, and newly released book, Capital Offense: Why Some Benefit At Your Expense.
The conversation delves into Paul's belief that the current economic system is broken, the impact of central bank policies on housing and asset prices, and the invisible financial strains faced by the younger generation. Paul shares insights on the real versus fake wealth effect, the role of central banks, and the importance of understanding the true concept of money and capital.
He offers advice for young people navigating today's challenging economic landscape and highlights the necessity of economic reforms to ensure a fairer system for future generations.
- 00:00 Introduction to the Podcast
- 01:12 Meet Paul Musson: From Wales to Canada
- 01:32 Paul's Early Career Struggles and Successes
- 03:53 Journey into the Financial World
- 06:03 Reflections on a Career in Investing
- 09:01 The Philosophy Behind Paul's Book
- 14:15 Understanding the Monetary System
- 18:39 The Impact of Central Bank Policies
- 23:11 Housing Market and Capital Redistribution
- 25:59 Housing Market Crisis: A Generational Divide
- 26:07 The Impact of Immigration on Housing
- 26:38 Government Policies and Their Consequences
- 31:00 Advice for the Younger Generation
- 34:30 Understanding Economic Policies
- 42:43 Global Economic Comparisons
- 43:20 The Role of Tariffs and Trade Policies
- 46:14 Canada's Economic Challenges
- 49:26 Promoting the Book and Final Thoughts