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
Labor Participation
Analysis Dec 15 vs YTD 2019
Ontario Job Analysis
Alberta Job Analysis
Blog #1 – Employment
Blog #2 – Brain Drain
Blog #3 – Public Sector vs Private Sector
What’s Next
4. INTRODUCTORY
Employment was up by 32,000 in wholesale and retail trade in April, driven by increases in Quebec and Alberta. Compared with 12 months earlier,
employment in this industry grew by 75,000 (+2.7%), entirely due to gains since the beginning of 2019.
Following four months of little change, employment in construction increased by 29,000 in April. Gains were concentrated in Ontario and British
Columbia. On a year-over-year basis, employment in this industry was up by 32,000 (+2.2%).
There were 14,000 more people working in information, culture and recreation, entirely due to increases in Ontario. Compared with 12 months earlier,
employment in this industry was little changed.
In "other services," employment rose by 14,000 in April. This industry includes repair and maintenance; services related to civic and professional
organizations; and personal and laundry services. Increases were concentrated in Quebec and Alberta. On a year-over-year basis, employment in this
industry grew by 28,000 (+3.5%).
Employment in public administration increased by 9,000 in April, entirely due to more people working in this industry in Quebec. On a year-over-year
basis, employment grew by 41,000 (+4.2%) at the national level, driven by gains since the beginning of 2019.
In agriculture, employment rose by 7,000 in April. On a year-over-year basis, employment in this industry was little changed.
Employment decreased by 15,000 in professional, scientific and technical services, mostly in Quebec. Nationally, this was the first monthly decline
since August 2018. Despite the decrease in the month, employment in this industry grew by 63,000 (+4.3%) on a year-over-year basis.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190510/dq190510a-eng.htm
6. EMPLOYMENT
BY SECTOR
Source -
https://www150.statcan.gc.ca/n1
/daily-
quotidien/190510/dq190510a-
eng.htm
• Liberals policies have done little to create the
conditions to support job growth in the goods
producing sector
• Nearly 30% of all new jobs are govt
• Canada is less competitive today as its
competitive ranking has falling 3 spots in 2019 -
https://www.slideshare.net/paulyoungcga/2019
-election-canada-and-global-competitiveness-
may-2019
7. LABOR PARTICIPATION – CANADA
• Canadian construction employment, which saw month-to-
month declines in seven of the preceding nine months,
suddenly ‘caught fire’ in April with a +29,000 jobs advance.
Year-to-date monthly average hiring in the sector,
however, remains unremarkable, at +3,000.
• Canadian manufacturing employment in April increased by
+5,000 jobs. Manufacturing’s monthly payroll rise on
average so far this year has been +2,000, which is better
than last year’s comparable figure of -6,000.
• The total number of construction jobs in Canada now,
expressed as a ratio of the total number of manufacturing
jobs, is 0.84. To understand the enormous relative shift in
Canadian employment towards construction and away
from manufacturing, consider that in 2000, the same ratio
calculation yielded a figure of only 0.36.
• Where there used to be three manufacturing jobs to every
one construction job, there are now 1.2 manufacturing jobs
to every one construction job.
• ”Source
https://canada.constructconnect.com/dcn/news/economic/
2019/05/explosive-jobs-growth-canadas-april-labour-
force-report
10. BLOG #1 -
EMPLOYMENT
https://www.cbc.ca/news/politics/tasker-senate-amendments-
bill-c-69-
1.5128593?fbclid=IwAR2DxbeCsv5I5wUmAFT6YpyJv5opRbSM2F
vFO48rdB3zUh_YvtMx3-IGYI8
Since Trudeau took office in October 2019 there has been only
6% growth in goods producing job.
https://www.slideshare.net/paulyoungcga/employment-canada-
march-2019 (See slide 5). Only a few thousand jobs have been
created in MFG and NR sector. Liberals policies have done little
to support goods producing sector.
https://www.slideshare.net/paulyoungcga/business-
competitivesness-canada-march-2019
Trudeau will spin the nearly 1M jobs but about 30% of those
jobs are govt. Trudeau will never discuss details for good reasons
as his policies have not help the middle class and/or those trying
to join the middle class -
https://www.slideshare.net/paulyoungcga/middle-class-and-
justin-trudeau
11. 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
12. 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)
13. 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
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
Federal government needs to stop bringing in more tax and
more regulations. Canada business competitiveness has
dropped 3 spots in 2019. The lowest ranking in nearly a
decade.
Next government needs to focus on policies that will drive
economic growth.
https://www.slideshare.net/paulyoungcga/2019-election-
gdp-and-the-economy-canada-may-2019