Canada's exports were down 5.1% in June, while imports fell 4.3%, both due in part to significant decreases in crude oil, as well as aircraft and other transportation equipment and parts. As a result, Canada's merchandise trade balance remained in a surplus position, settling at $136 million after posting a $556 million surplus in May. The narrow surplus in June represented 0.1% of total monthly merchandise trade and is within the typical margins for revisions to the trade balance in subsequent months.

1. Merchandise Trade and
Foreign Affairs – Canada
Paul Young CPA CGA
August 2, 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
Trade by Sector (Energy vs Non-Energy
Issues facing Trade
Blog Trade
Blog – Trade
Solutions

4. Introductory
Source – Stats Canada
Canada's exports were down 5.1% in June, while imports fell 4.3%, both due in part to significant decreases in
crude oil, as well as aircraft and other transportation equipment and parts. As a result, Canada's merchandise trade
balance remained in a surplus position, settling at $136 million after posting a $556 million surplus in May. The
narrow surplus in June represented 0.1% of total monthly merchandise trade and is within the typical margins for
revisions to the trade balance in subsequent months.

5. Trade by
Period
Source -
https://www150.statcan.gc.ca/n1/
daily-quotidien/190802/t002a-
eng.htm

6. Trade by Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190802/t002a-eng.htm

7. Trade by Country
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190802/t002a-eng.htm

8. Trade (Energy vs Non-Energy)
Source – Stats Canada

9. 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

10. 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

11. 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

12. 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

13. Blog – Trade (China and Canada)
• https://www.theglobeandmail.com/business/commentary/article-
why-we-need-to-keep-selling-canadas-brand-in-china/
•
• China is key market. The problem is @JustinTrudeau is using foreign
policies affairs to pander for votes at home.
If you want to deal with China then you need to deal with them on
their terms!
https://www.slideshare.net/paulyoungcga/china-what-is-their-
future-march-2019

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

15. 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.

16. Blog – Trade – July 2019
I guess @gmbutts and @narendramodi have experience things
differently when it comes to foreign policies and affairs
Dear Mr Modi,
Butts does not speak for Cdns!
https://www.slideshare.net/paulyoungcga/election-2019-foreign-
polic
@andrewscheer

17. 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.
More investment in ports, rails, etc.
Government needs to streamline regulations