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
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
There were 20,000 more people working in health care and social assistance in May, bringing year-over-year gains
in this industry to 89,000 (+3.7%). Over half of the monthly increase was in Ontario. Employment in professional,
scientific and technical services was up 17,000, more than offsetting a decline in the previous month. The rise in
May was concentrated in Ontario, while smaller increases were also registered in New Brunswick and
Saskatchewan. Compared with 12 months earlier, employment in this industry grew by 67,000 (+4.5%).
Employment in transportation and warehousing grew by 10,000, driven by increases in Ontario and Alberta. On a
year-over-year basis, employment in this industry rose by 60,000 (+5.6%). At the same time, 19,000 fewer people
were working in business, building and other support services, mostly due to declines in Quebec and Alberta.
Compared with May 2018, employment in this industry was little changed. Employment in accommodation and
food services was down by 12,000, the fourth decline in the last five months. In May, decreases were concentrated
in British Columbia and Manitoba. Employment in this industry has trended downward since May 2018, decreasing
by 63,000 (-5.0%) over the 12 months. In public administration, employment decreased by 9,000, following four
consecutive monthly increases. The decline was driven by Quebec and Alberta. On a year-over-year basis,
employment was up by 33,000 (+3.4%).
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190607/dq190607a-eng.htm
9. 2019 MAY JOBS
• Increase in precarious work, i.e. self
employment
https://www.theglobeandmail.com/busines
s/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
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/educatio
n-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