John Heaney

Retired Faculty, Finance


Room: WMC 5359

Phone: 778.782.4100



B.A. (Hons.), M.Sc. (Saskatchewan), Ph.D. (Alberta), M.A., Ph.D. (Simon Fraser)


John Heaney is an Associate Professor in the area of Finance. His research interests include corporate investment policy, equilibrium valuation and mathematical modeling of financial times series.

Research Interests

Equilibrium valuation, corporate investment policy, mathematical modelling of Financial Time Series.

Selected Publications

articles and reports

Poitras, G., & Heaney, J. W. (2015). Classical ergodicity and modern portfolio theory. Chinese Journal of Mathematics, 17pp.

Poitras, G., & Heaney, J. W. (2009). 'How is the stock market doing?' using absence of arbitrage to measure stock market performance. Annals of Financial Economics, 4, 1-44.

Heaney, J. W., & Poitras, G. (1994). Securities markets, diffusion state spaces and arbitrage free shadow prices. Journal of Financial and Quantitative Analysis, 29(2), 223-239.