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. SUMMARY
• Commodity prices continue to rebound, but at a slow pace
• Commodity prices are 50% below their peak value in 2013
6. COMMODITY PRICE VS GOODS PRODUCING JOBS
SOURCE - HTTPS://ECONOMICS.BMOCAPITALMARKETS.COM/ECONOMICS/GOODS/201711/GOODS.PDF OR
STATS CANADA
7. CLEAN GROWTH FUND
Source - https://www.canada.ca/en/natural-resources-canada/news/2017/11/new_155-
million_cleangrowthprogramlaunchedtoaddressclimatechange.html
It is an example of our Government’s new collaborative approach, which involves leveraging investment in
publicly funded research, laboratories and programs to better promote clean technologies.
Budget 2017 committed $200 million to encourage clean technology in the natural resource sectors. Natural
Resources Canada will deliver $155 million of this funding under the Clean Growth Program. The remaining
$45 million will support clean technology research and the development, demonstration and adoption of clean
technology through Agriculture and Agri-Food Canada and Fisheries and Oceans Canada.
8. R&D SPENDING
Source - http://www.jwnenergy.com/article/2017/11/cnrl-leads-oil-sector-rd-spend-places-fourth-overall-canada/
Overall, the energy sector is a relatively small R&D investor compared to other Canadian industries, the
Research Infosource rankings show.
The top-performing industry sector in fiscal 2016 was aerospace, where six companies posted total R&D
spending of $2.69 billion. Seventeen software and computer services companies were second in combined
R&D spending ($1.99 billion), followed by 21 pharmaceuticals/biotechnology firms ($1.90 billion).
Western Canada, where the energy sector is concentrated, also falls behind R&D investment levels in more
industrialized central Canada. Regionally, 46 Ontario-based firms accounted for $5.36 billion in R&D spending
(42 per cent of the total R&D spending), compared with 26 Quebec companies ($5.33 billion, 42 per cent of
total) and 28 companies based in Western Canada ($2.14 billion, 17 per cent of total).
Overall in fiscal 2016, Bombardier Inc. ($1.97 billion of R&D spending, down 14.2 per cent on the year)
remained by far the country’s leading R&D performer.