Canada has low unemployment rate, but the low unemployment rate does not tell the complete picture of the labor market.
There are issues with job quality. There needs to be change in government policies that better support goods producing, IT and advance skill level jobs.
Government needs to become more efficient -
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. AGENDA
Employment by period
Analysis by Sector
Full-Time vs P/T Jobs
Participation
Job Quality
Middle Class Analysis
Ontario Job Analysis
Alberta Job Analysis
Blog #1 – Employment
Blog #2 – Brain Drain
Blog #3 – Public Sector vs Private Sector
GDP per capita
What’s Next
4. INTRODUCTORY
Canada has low unemployment rate, but the low unemployment rate does not tell the
complete picture of the labor market.
There are issues with job quality. There needs to be change in government policies that better
support goods producing, IT and advance skill level jobs.
Government needs to become more efficient -
9. MIDDLE CLASS
Source – Stats Canada
What’s the liberal excuse for lower job
quality results under the 2015 election
mandate
@justintrudeau policies have made things less affordable -
https://www.slideshare.net/paulyoungcga/2019-election-cost-
of-living-affordability-canada-july-2019
@Andrewscheer was part of a government that led to Canada
having one of the best middle classes in the world -
https://www.slideshare.net/paulyoungcga/2019-election-
middle-class-canada-august-2019
12. 2019 JULY JOBS
SOURCE -
HTTPS://WWW150.STATCAN.GC.CA/N1/DAILY-
QUOTIDIEN/190809/DQ190809A-ENG.HTM
Increase in precarious work, i.e. self
employment
https://www.theglobeandmail.com/bu
siness/briefing/article-i-want-a-
steady-paycheque-how-the-gig-
economy-isnt-really-shaking/
Many people may have decided
against incorporated as such have
moved to self-employment due to
changes in tax laws -
https://obj.ca/article/GGFL-small-
business-and-tax-revolt
13. BLOG #1 -
EMPLOYMENT
@justintrudeau policies have made things less
affordable -
https://www.slideshare.net/paulyoungcga/2019-
election-cost-of-living-affordability-canada-july-2019
@Andrewscheer was part of a government that led to
Canada having one of the best middle classes in the
world -
https://www.slideshare.net/paulyoungcga/2019-
election-middle-class-canada-august-2019
14. BRAIN DRAIN
All levels of government need to address issues with the brain drain
Brain Drain - https://www.theglobeandmail.com/business/technology/article-canada-facing-brain-
drain-as-young-tech-talent-leaves-for-silicon/
Canadian Technology community not happy with small business tax reforms -
https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-taxes/
There needs to be better alignment of education with jobs of today and tomorrow -
https://www.slideshare.net/paulyoungcga/skills-gap-education-and-training-canada-march-2019
Canada continues to see a brain drain - https://thelogic.co/news/silicon-valleys-ties-to-canada-are-
growing-despite-tensions-between-ottawa-and-washington-report-says/
High cost of living in cities like Toronto and Vancouver could see people moving to cheaper
locations - https://www.newinhomes.com/blog/is-toronto-at-risk-of-a-brain-drain-to-montreal
Source - https://www.slideshare.net/paulyoungcga/2019-election-issues-technology-sector-
canada-april-2019
15. PUBLIC VS PRIVATE SECTOR - ONTARIO
https://www.cbc.ca/news/canada/toronto/doug-ford-union-negotiation-wage-cap-legislation-
1.5126776?fbclid=IwAR2MrZteE81hPv3oAk8PV2nQcnse_rgWZqEjTWDOUzXU_xsABYXiAH07EwI
There has been huge gaps between private sector and public sector pay - https://www.fraserinstitute.org/studies/comparing-government-and-private-sector-
compensation-in-ontario-2018
Wynne never dealt with a broken arbitration process that was not based on the ability to pay - https://www.slideshare.net/paulyoungcga/2019-election-
issues-municipal-and-local-government-issues-and-analysis-may-2019 (see slide 32)
People need to understand that government does not work in competitive environment as such there are no market pricing rules. Yet people will argue that
private sector should increase wages. Businesses against other businesses when it comes to their goods and services -
https://www.slideshare.net/paulyoungcga/is-canada-losing-its-business-competitiveness-february-2019
Ontario is fiscal mess as such has to reign in compensation as it is about 50% of every dollar the government spends when it comes to program spending -
https://www.slideshare.net/paulyoungcga/fiscal-management-cycle-ontario-issues-and-analysis
Wynne and McGuinty added over $200B through waste and nothing is said, why? https://www.thespec.com/opinion-story/9343836-ontario-s-budget-based-
on-math-not-
ideology/?utm_source=twitter&source=thespec&utm_medium=socialmedia&utm_campaign=500am&utm_campaign_id=opinion&utm_content=ontario-s-
budget-based-on-math-not-ideology. Wynne and McGuinty has zero respect for the AG reports as such did nothing with the AG reports.
https://www.thestar.com/news/queenspark/2017/12/06/auditor-general-takes-aim-at-liberals-over-spending-and-waste.html. Wynne also ignored
recommendations in the Drummond Report - https://business.financialpost.com/opinion/the-drummond-report-gave-ontario-a-good-plan-then-kathleen-
wynne-buried-it. BTW – Horwath back many budgets!
Source - https://www.slideshare.net/paulyoungcga/2019-election-issues-public-vs-private-sector-compensation-canada-may-2019 or
https://www.slideshare.net/paulyoungcga/fiscal-management-cycle-ontario-issues-and-analysis or https://www.slideshare.net/paulyoungcga/education-
ontario-policy-analysis-may-2019 (on average 88% of the School Board budget goes to instructional costs)
16. BLOG – GDP
Herb Cober Nice script! I am guessing the Liberals told you do make that tweets. I guess the above facts are no
interest too you! FYI - Can you tell me why Trudeau's GDP is 2.0% post-recession as compare to Harper who had
2.3%. It seems despite the so-called deficits that GDP has performed worse under Trudeau!
https://www.slideshare.net/paulyoungcga How so? I have look at the details as such the average growth for 2019
is still forecasted 1.5%. Trudeau has done nothing to fix the issues facing the economy! GDP is on pace for 1.5%
growth which is 50% less than 2017 when growth was at 3.0%. Trudeau average is also 2.0% which is down from
Harper’s 2.3 post recession
https://www.slideshare.net/paulyoungcga/2019-election-gdp-and-economy-canada-april-2019
https://www.slideshare.net/paulyoungcga/2019-election-gdp-and-economy-canada
17. GDP PER CAPITA
Source – Stats Canada
Assumptions
1. Based on GDP by sector
2. Based on annual growth rates
3. Based on GDP growth rates (no GDP
available after 1997)
• Trudeau’s policies have not helped the middle class -
https://www.slideshare.net/paulyoungcga/2019-election-middle-class-liberals-vs-cpc-july-
2019
• Trudeau’s policies have allowed the top 1% to pay less taxes -
https://www.slideshare.net/paulyoungcga/2019-election-wealtiest-top-1-canada-august-
2019
• Trudeau’s poverty numbers are far from accurate. Poverty has been declining for years -
https://www.slideshare.net/paulyoungcga/2019-election-poverty-canada-july-2019
18. SOLUTIONS
All levels of government need to work together as
part of ensuring that Canada is attracting FDI -
https://www.slideshare.net/paulyoungcga/2019-
election-fdi-foreign-direct-investment-canada
More emphasis needed on skills development
More emphasis on getting goods to market
Ontario government is on the right path that
education graduation rates with employment
outcome -
https://www.slideshare.net/paulyoungcga/education-
skills-and-development-human-capital-management-
canada-may-2019
Provincial and Federal Governments need to stop
looking at ways to tax people and start focusing more
on their delivery model. More taxation could lead to a
brain drain