Blog – Permits – Canada – Construction – June 2021 The total value of building permits rose 6.9% to $10.3 billion in June. Seven provinces contributed to the gain, led by Ontario, which jumped 22.7%. Construction intentions in the residential sector were up 9.1%, while the non-residential sector advanced 2.2%. On a constant dollar basis (2012=100), building permits increased 5.2% to $7.2 billion. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210804/dq210804a-eng.htm 1. Building Construction – Canada https://www.marketwatch.com/story/canada-building-permits-rose-6-9-in-june-271628080974 2. Training - https://www.contractormag.com/training/article/21170642/training-exemplified 3. Robots - https://constructionreviewonline.com/management/construction-industry-goes-robotic/ 4. Better management of construction materials - https://www.forconstructionpros.com/construction-technology/news/21271661/purdue-construction-robots-can-match-building-materials-to-bim 5. Risk mitigation - https://riskandinsurance.com/these-are-the-top-five-technologies-starting-to-make-construction-safer/ 6. Climate change - https://vermontbiz.com/news/2021/august/05/construction-association-launches-new-initiative-address-climate-change-pushing 7. Climate change - https://www.enr.com/articles/52210-agc-outlines-strategies-to-combat-climate-change-in-the-built-environment 8. Ramping up - https://www.rermag.com/news-analysis/headline-news/article/21171157/customers-in-all-segments-are-busy-and-optimistic-as-economy-ramps-up-united-rentals-flannery-says 9. Green building - https://www.bdcnetwork.com/green-building-saves-operating-costs-and-boosts-asset-value 10. Construction costs - https://www.bdcnetwork.com/encouraging-construction-cost-trends-are-emerging

1. CONSTRUCTION SECTOR
Paul Young CPA CGA
May 5, 2021

2. PAUL YOUNG (SENIOR
CUSTOMER SUCCESS MANAGER)
- 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
• SME – Data, AI, Security, and Platform
• SME – Data and AI Strategist
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Key Metrics
• Housing Market
• Building Permits
• Investment in new building
• Innovation
• Infrastructure
• Affordable housing
• What’s next

4. HOUSING

5. NEW BUILDING INVESTMENT

6. NEW PERMITS – CANADA

7. GLOBAL
OUTLOOK
Source -
https://www.oemoffhighway.co
m/market-analysis/industry-
news/construction/news/21135
342/global-construction-
markets-slowing-due-to-
impacts-of-covid

8. AFFORDABLE HOUSING
Homelessness is a global challenge. The United Nations Human Settlements Program estimates that 1.6 billion people
live in inadequate housing, and the best data available suggest that more than 100 million people have no housing at
all. Homelessness is growing in many parts of the world, occurs in all nations, and has severe negative impacts on
individuals and on communities.
Homelessness is a complex issue, sitting at the intersection of public health, housing affordability, domestic violence,
mental illness, substance misuse, urbanization, racial and gender discrimination, infrastructure, and unemployment.
The interplay between these elements is expressed in a host of ways depending upon local context. Levels of
homelessness rise and fall dependent on shifts in, and changes to, any one of the elements.
But there is good news: this problem can be solved. Countries and cities across the world have seen steep reductions in
homelessness, and some have ended it outright. With the right mix of program interventions, well-coordinated local
systems, and effective policy, many countries have proved that homelessness can be successfully addressed.
https://thefulcrum.ca/opinions/letter-to-the-editor-why-homelessness-is-rarely-a-major-topic-during-election-
campaigns/ or https://ighomelessness.org/about-us/
My work: https://www.slideshare.net/paulyoungcga/housing-and-homelessness-canada-and-the-world-july-2021

9. SMALL TO MEDIUM-SIZE
MANUFACTURING
Blog – Steps to Futureproofing and Risk-Proofing Your Manufacturing Business - 60 percent of manufacturers and distributors were
impacted by supply chain disruptions during the pandemic.
A global survey conducted by SYSPRO to better understand how manufacturers and distributors handled the operational shifts brought
on by COVID-19 revealed that 60% of manufacturers and distributors were impacted by supply chain disruptions. 47% of businesses
were unable to function due to operational staff reliance on-premises; while 29% of businesses felt that their business systems did not
provide them with the availability and accessibility to manage the changes that the pandemic introduced.
Key areas of focus
1. Automated warehouse
2. Contactless payments and blockchain
3. eCommerce
4. Additive Manufacturing / #3D Printing
•
Source - https://www.canadianmanufacturing.com/features/steps-to-future-proofing-and-risk-proofing-your-manufacturing-business/
My blog - https://www.linkedin.com/pulse/steps-futureproofing-risk-proofing-your-manufacturing-paul-young

10. MUNICIPALITIES
https://fcm.ca/en/resources/mamp/infraguide-national-guide-sustainable-municipal-infrastructure
I have done a lot of work on asset management including different tools. I believe municipalities and cities need to
embrace AI, RPA, and other tools as part of maximizing the usage of their assets.
• https://www.slideshare.net/paulyoungcga/how-to-reform-local-and-municipal-government-237070928 or
infrastructure gap - https://www.slideshare.net/paulyoungcga/how-to-fix-the-infrastructure-gap-canada-and-the-world
There many things need to be dealt with in terms of better leverage funding. The infrastructure bank is not the solution -
https://www.slideshare.net/paulyoungcga/canada-infrastructure-analysis-of-policy-238326543

11. INNOVATION
• 3D Housing – https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-
printed-homes-quietly-gain-traction/#28825e0663bd
• 3D materials market - https://www.globenewswire.com/news-
release/2020/05/29/2040932/0/en/3D-Printing-Materials-Market-Size-
Worth-USD-3-78-Billion-by-2026-Advancements-in-Additive-
Manufacturing-Technologies-to-Benefit-the-Market-Says-Fortune-
Business-Insights.html
• 3D Printing -
https://kootenaybiz.com/technology/article/this_west_kootenay_business_
doesnt_build_homesthey_print_them
• Demolition / Automation https://www.prnewswire.com/news-
releases/global-construction-robot-market-2019-2025-market-is-
expected-to-witness-a-cagr-of-over-20-to-reach--190-million-
300895006.html
• Engineering and Construction Automation -
https://constructible.trimble.com/construction-industry/the-benefits-of-ai-
in-construction
• Cost Management and RPA - https://rsmus.com/what-we-
do/industries/real-estate/construction/transform-your-construction-
operations-through-rpa.html
• RPA / Financial Reporting - https://research.aimultiple.com/robotic-
process-automation-use-cases/
• AI-infused reporting - https://www.ibm.com/analytics/financial-planning-
analysis?p1=Search&p4=p50329262873&p5=b&cm_mmc=Search_Google
-_-1S_1S-_-WW_NA-_-
%2Bfinancial%20%2Banalytics_b&cm_mmca7=71700000060952231&cm_m
mca8=aud-452479374147:kwd-
297740779593&cm_mmca9=Cj0KCQjwpZT5BRCdARIsAGEX0zm9GEtE3SHD
pNGcX34HAw4ut3XhXZxJ64p7SAYAq8msmhG0qQmEjLIaAkyGEALw_wcB&
cm_mmca10=406181219663&cm_mmca11=b&gclid=Cj0KCQjwpZT5BRCd
ARIsAGEX0zm9GEtE3SHDpNGcX34HAw4ut3XhXZxJ64p7SAYAq8msmhG0q

12. RISK MITIGATION
Blog - Disaster Mitigation and Adaption Fund – Canada - https://www.linkedin.com/pulse/blog-disaster-
mitigation-adaption-fund-canada-paul-young/?published=t
This is a great opportunity for Financial Accounting Standards Board (FASB) Chartered Professional
Accountants of Canada (CPA Canada) IFRS Foundation and others to re-look at how reporting can be
standardized in the area of ESG or ESG or other areas as part of mitigating the risks with climate change.
Blog – How best to Safeguard Assets through use of Machine Learning as part of Crisis and Emergency
Management
Both the public and private sectors are impacted by geopolitical events. It is very important for both the public
and private sectors to have audited crisis and emergency management processes and procedures as part of
safeguarding their assets through better crisis, risk, and emergency management reporting.
Here is my work: https://ibm.box.com/s/rsp6p9tez8uru9fo0wu5d13bxt7rtrr0

13. MAXIMO – MONITORING

14. ASSET MANAGEMENT / TRIRIGA

15. INFRASTRUCTURE
SPENDING
• Global Infrastructure -
https://www.pwc.com/gx/en/industries/capital-projects-
infrastructure/publications/infrastructure-trends.html
• China continues to fund many large projects around the world -
https://theconversation.com/chinas-worldwide-investment-
project-is-a-push-for-more-economic-and-political-power-
125190
• Belt Road Initiative -
https://policyoptions.irpp.org/magazines/january-2020/canada-
is-missing-the-boat-on-chinas-belt-and-road-initiative/
• Canada and failures of the infrastructure bank -
https://business.financialpost.com/opinion/jack-m-mintz-
beware-a-new-infrastructure-bank-canadas-had-enough-of-
these-failures-already or
https://torontosun.com/news/national/canada-infrastructure-
bank-approved-bonuses-to-ceo-who-resigned or
https://www.slideshare.net/paulyoungcga/canada-infrastructure-
investment-getting-goods-to-market
• More global infrastructure spending is required –
https://www.etftrends.com/alternatives-channel/data-confirm-
infrastructure-spending-needs-to-increase-asap/
• North American construction to fall by 6.5% for 2020 -
https://www.contractormag.com/construction-
data/article/21135728/north-americas-construction-output-to-
fall-by-65-in-2020

16. WHAT’S NEXT
• All countries will need to re-look at their urban vs rural
policies - https://www.slideshare.net/paulyoungcga/urban-
and-rural-planning-whats-next or
https://www.slideshare.net/paulyoungcga/how-do-you-
best-support-urban-planning-rural-vs-urban
• 3D printing of housing needs to be part of urban planning
as way to reduce the cost of housing as well a make
housing more affordable - https://thespaces.com/is-3d-
printing-the-future-of-affordable-housing/
• China continues to make debt arrangements with
developing countries. More oversight into China’s
investments is required -
https://www.slideshare.net/paulyoungcga/china-path-to-
global-domination
• Reforming all levels of government as part of managing
key policies like infrastructure investments -
https://www.slideshare.net/paulyoungcga/public-sector-
how-to-reform-all-levels-of-government
• Adjusting to the new normal -
https://www.slideshare.net/paulyoungcga/new-normal-
canada-and-the-world-february-2021-242624963
• Both the private and public sectors revisiting their data and
AI strategy -
https://ibm.box.com/s/6w39nl609pl1gv1p49lsp87fme7pjlw
v

17. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and,
development then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies