2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
6. CANADA BITUMEN
•StatsCanada
• Canada ranks#3 in terms size
of their proven reserves
• Many products today still
require oil based raw
materials like cell phones
• Oil production accounts for
about 2% of GDP
• Canada carbon neutral when
it comes to emissions
7. NATURAL RESOURCE WEALTH
• Government of Canada
• Commodity prices have
rebounded, but still trail
prices from 2017
• Government of Canada has
not streamline the regulations
to get project off the ground
• Clean Technology requires
raw materials like vanadium,
rare metals, aluminum, nickel
and lithium
• Canada lacks to capacity to
extract and refine raw
materials
• Canada is imposing Carbon
Tax on all provinces
8. JUSTIN TRUDEAU / PM OF CANADA
• http://www.macleans.ca/news/canada/what-justin-trudeau-plans-to-tell-davos/
• Exports of natural
resources account
for 51% of all
exports
• You cannot Finished
Goods without raw
materials
• Canada has vibrant
technology sector as
well as diversified
economy
9. SUMMARY
• The natural resources pay 30% higher wages than average wages in Canada
• Natural resources have huge trade surpluses.
• Canada needs to streamline processes to get material out of the ground to market
• You cannot have clean technology without raw materials
• Natural Resources drive government revenue which then supports innovation funds. Many clean tech
companies in Canada have not been able to generate a profit. The market value of clean technology
companies is driven by their goodwill, not their profit.