This document provides an overview of Canada's merchandise trade and foreign affairs by Paul Young CPA CGA. It includes sections on trade by period, sector and country based on Statistics Canada data. Issues facing Canadian trade are discussed, such as trade disputes with China over canola and pork exports. The document advocates that the government ratify trade deals, review carbon taxation and small business policies, and focus on emerging markets to boost exports.

1. Merchandise Trade and
Foreign Affairs – Canada
Paul Young CPA CGA
June 27, 2019

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
Trade by Period
Trade by Sector
Trade by Country
Issues facing Trade
Blog Trade
Solutions

4. Introductory
Source – Stats Canada
Following a 4.4% gain in March, total exports were up 1.3% to $50.7 billion in April, with 6 of 11 product sections posting
increases. Higher exports of metal and non-metallic mineral products were partially offset by lower exports of motor
vehicles and parts. Excluding energy products, exports rose 1.8%.
Exports of metal and non-metallic mineral products were up 15.0% in April to $5.7 billion. Increased purchases of gold
within the banking sector in April contributed to higher Canadian exports to Hong Kong and the United Kingdom. This
coincides with a recent increase in global demand for gold.
Exports of farm, fishing and intermediate food products (+5.1%) also contributed to the increase, mainly on higher
exports of wheat (+21.7%). The increase was partially offset by lower exports of canola (-14.7%), for which there were no
shipments to China in April. For the year 2018, 47.5% of Canadian exports of canola were destined for that country.
Partially offsetting the overall increase in April were lower exports of motor vehicles and parts (-4.6%), mostly on
decreased exports of passenger cars and light trucks. There were atypical shutdowns in April at some Canadian
assembly plants, which led to a decrease in imports of engines and parts (-3.9%), as well as to a decline in light vehicle
exports (-6.6%).
Exports of passenger cars and light trucks, and imports of motor vehicle engines and parts
Despite a modest decrease in exports of energy products (-0.5%) in April, there were large fluctuations in some
categories within this section. Exports of crude oil rose 11.7% in April to $7.8 billion, on higher volumes and higher
prices. This increase was largely offset by a decrease in exports of natural gas (-45.3%), mainly due to lower prices. This
follows harsh weather conditions in the United States, as well as supply constraints that contributed to a 31.8% rise in
natural gas prices from January to March.

5. Trade by
Period
Source -
https://www150.statcan.gc.ca/n1/
daily-
quotidien/190606/dq190606a-
eng.htm

6. Trade by Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190509/dq190509a-eng.htm

7. Trade by Country
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190606/dq190606a-eng.htm

8. Issues
facing
Trade
Softwood Lumber dispute - https://www.columbiavalleypioneer.com/opinion/guest-column-john-horgan-
has-gone-missing-in-u-s-lumber-dispute/
Failure to get pipelines built - https://business.financialpost.com/commodities/energy/a-self-inflicted-wound-
pipeline-delays-to-cost-canadian-economy-15-6b-in-2018-says-scotiabank
Lack of Port Capacity - https://www.slideshare.net/paulyoungcga/canada-port-analysis-and-commentary-
supply-chain-management
Canola oil dispute with China - https://www.cbc.ca/news/business/canola-china-export-1.5043182
USCMA has not been ratified - https://business.financialpost.com/news/economy/not-ratifying-nafta-will-be-
a-catastrophe-u-s-trade-czar-says-as-u-s-works-to-lift-metals-tariffs
Canada has decline in terms of its competitiveness - https://www.slideshare.net/paulyoungcga/is-canada-
losing-its-business-competitiveness-february-2019
C69 / Anti-Resources legislation - https://torontosun.com/opinion/columnists/rickford-why-bill-c69-is-a-non-
starter-for-Ontario. Canada needs to be more competitive when it comes its’ regulatory process.
https://www.slideshare.net/paulyoungcga/natural-resources-sector-policy-analysis-canada-january-2019

9. Blog –
Trade
https://www.theglobeandmail.com/business/article-as-
china-and-us-inch-toward-a-trade-deal-canada-gets-
a-warning-of/?fbclid=IwAR0ToabpdRhDMQuJ-
HRNkKYH2t4AoMPTygCPlObM2XynxO8dEGYqHjG3-3k
Canada was warned by many countries to stop
pushing their social agenda. Countries have decided
to make their own deals as such are leaving Canada
behind when it comes to trade -
https://www.slideshare.net/paulyoungcga/important-
of-exports-canada-global-trade

10. Blog – Trade
• https://www.ctvnews.ca/politics/canada-
still-enjoys-old-nafta-benefits-as-new-
deal-awaits-ratification-freeland-
1.4372572#_gus&_gucid=&_gup=twitter&_
gsc=uLusqgJ
•
• Hey Ms. Freeland, you have been in power
nearly four years as such all I see are
failures to get tariffs remove, no new
major trade deals (CETA and TPP where
Harper deals), no money to expand ports,
softwood lumber dispute still unresolved,
no new pipelines, etc.
https://www.slideshare.net/paulyoungcga/i
mportant-of-exports-canada-global-trade

11. Blog – Trade
• https://www.cbc.ca/news/politics/steel-
aluminum-tariffs-whats-next-von-scheel-
1.5142253?cmp=rss
• Now what?
• Fixing the softwood lumber as well as
other trade issues so exports can expand
to new markets -
https://www.slideshare.net/paulyoungcga/
2019-election-global-trade-and-
protectionism-canada-may-2019
• Focusing on policies that fixed the
competitive issues facing business -
https://www.slideshare.net/paulyoungcga/
business-competitivesness-canada-march-
2019

12. Trade / Foreign Relations
Canada is at least losing $15B in
exports due to many factors
including poor foreign relations
with countries

13. Trade and Foreign Affairs Issues
• https://globalnews.ca/news/5431727/china-canada-ban-meat-exports/
• @justintrudeau has made a disaster of foreign policies as such exports are now
being hammered by his poor leadership:
• Canola - https://globalnews.ca/news/5108628/canada-canola-market-china-export-block/
(2.7B loss)
• Pork - https://globalnews.ca/news/5431727/china-canada-ban-meat-exports/ ($373M
loss)
• Beef - https://www.cbc.ca/news/business/china-pork-beef-ban-1.5190574 ($63M loss)
• Oil / India - https://oilprice.com/Latest-Energy-News/World-News/India-Boosts-US-Oil-
Imports-To-Offset-Dwindling-Iran-Supply.html (Canada is missing out on exports to India)
• Saudi Arabia (Wheat) https://www.620ckrm.com/2018/08/08/188904/
• Trudeau continues to pander for votes over doing what is best for Canada in
terms of trade. The next government will need years to fix the mess left by
Trudeau.

14. What’s
next?
Parliament needs to ratified trade deals like USMCA, TPP and
other trade deals - https://openparliament.ca/bills/42-1/C-
79/?page=3
Government needs to stop their plans for carbon taxation.
Companies already pay pollution taxes -
https://www.slideshare.net/paulyoungcga/the-art-of-taxing-the-
environment-pollution-tax
Government needs to review its small business tax and regulation
policies - https://www.slideshare.net/paulyoungcga/small-
business-under-attack-by-government-canada
Government needs to continue to push trade with emerging
markets like India, Africa, etc.