- Canadian GDP rose 0.3% in April but early estimates suggest a decline in May, as housing declined while commodity and hospitality sectors grew. - Employment levels remain high but concerns around affordability, debt levels, and middle-class incomes persist. - Manufacturing sales fell in April with supply chain issues continuing to impact industries. - Housing prices rose in April but affordability is a major issue, as inflation reduces purchasing power. - Inflation remains high in Canada, driven by factors like energy and food costs.

1. Fiscal and Economic
Scorecard – Canada
– May 2022 and
April 2022
Paul Young CPA CGA
June 30, 2022

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. 3
Agenda
• Key Metrics
• Employment – Canada
• Trade – Canada
• Manufacturing – Canada
• Housing – Canada
• Cost of Living / Canada
• Electricity
• Fiscal Update / Canada
• Blog – Path Forward – Budget 2021
• Blog – Pharmacare
• Blog – Job Quality
• Blog – Climate change
• Blog – Plastics
• Blog – Wind and Recycling
• Blog – Competitiveness
• Blog – Energy Crisis
• Blog – Electrical Vehicles
• Blog – Critical Metals
• Blog – Monetary Policies
• Blog – Retail Sector
• Blog – Transforming the Public Sector
• Blog – ESG Reporting
• Summary

4. 4
Key Metrics

5. 5
Key Metrics

6. 6
Key Metrics

7. GDP by Industry
Canadian economic output slowed in April from the previous month, as strong growth in the country's commodity and hospitality sectors offset a marked
decline in housing. Early estimates point to the economy contracting in May.
Gross domestic product, or the broadest measure of goods and services produced in the economy, rose 0.3% month-over-month in April to 2.053 trillion
Canadian dollars, or the equivalent of $1.594 trillion, Statistics Canada said Thursday. The April gain matched market expectations, as provided by TD
Securities. On a one-year basis, GDP rose 5.0%.
The data agency said early indicators suggest GDP in May fell 0.2%, the first visible sign that inflation and aggressive interest-rate increases are weighing on
economic activity. Statistics Canada said advance information suggest the energy, mining, manufacturing and construction sectors declined in May. The May
GDP data are scheduled for release on July 29. Economists have in recent weeks revised downward Canadian growth prospects for the second half of 2022 and
next year.
Source - https://www.marketwatch.com/story/canada-gdp-rises-0-3-in-april-271656592278 and https://www.slideshare.net/paulyoungcga/gdp-analysis-and-
commentary-canada-april-2022pptx

8. 8
GDP Growth and Deficits
Source – Stats Canada, BMO, and Finance Department –
Canada

9. 9
Blog – Slow Growth
@MarkGerretsen I think you miss the memo?
MSM never mentioned how GDP went from 3.0% in 2017 to 1.6 in 2019. Trudeau also never
mentioned how inflation.
16 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
18 https://www.slideshare.net/paulyoungcga/gdp-canada-the-real-truth
Oct/21 https://www.slideshare.net/paulyoungcga/gdp-canada-analysis-and-commentary-october-2021

10. Employment / Analysis

11. Middle Class

12. Stats Canada - Trade Trade - Canada.pdf Trade - Canada -
BMO - April 2022.pdf

13. Stats Canada - Trade

14. Stats Canada - Trade

15. 15
Manufacturing Sales – Canada
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220614/dq220614a-eng.htm
Manufacturing - April
2022 - Canada.pdf

16. 16
Manufacturing Sales – Canada
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220614/dq220614a-eng.htm

17. 17
Top Trends for Manufacturing
1. Onshoring
2. A Shift from B2B to B2C
3. Additive Manufacturing
4. Cybersecurity
5. Smart factories
6. ESG initiatives
7. Talent acquisition
• https://www.thomasnet.com/insights/top-7-manufacturing-trends-for-2022/?ecms_id=be52c10e-4a96-49ec-92e8-
3fe6cea78bda&ecms_short=ART6835&doc_type=ted_article&sponsored=&acct=&parent_id=357a9397-5b6e-4a4b-92e1-
9b9c901450e4&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thomas_industry_
update&campaign_name=tiu220325&utm_campaign=tiu220325&utm_medium=email&utm_source=thomas_industry_upd
ate&tinid=221763045
• My links
• USA - https://www.slideshare.net/paulyoungcga/united-states-manufacturing-sector-continues-to-face-many-challenges
• Canada - https://www.slideshare.net/paulyoungcga/canada-what-is-next-for-manufacturing-february-2022-and-january-
2022
•

18. 18
Real Estate and Housing
@RalphGoodale did you not say back 2015 that Harper had the worse household debt? https://nationalpost.com/opinion/ralph-
goodale-the-myth-of-the-roaring-canadian-economy
So, what does that make your former Boss's record on household debt? https://www.cbc.ca/news/business/statscan-household-
debt-1.6486665
https://www.slideshare.net/paulyoungcga/has-justin-trudeau-been-open-transparent-and-accountable-to-canadians-we-june24-
2022pptx

19. Summary - Inflation
You have been backing @JustinTrudeau bad policies and have the gall to say "Corporations are the problem". Corporations are not the problem! Carbon tax
as well as other bad policies are impacting the cost of living.
https://www.bloomberg.com/news/articles/2022-06-20/trudeau-is-shirking-canada-s-inflation-fight-scotiabank-says
https://www.slideshare.net/paulyoungcga/preliminary-cost-of-living-canada-may-2022pptx
https://twitter.com/theJagmeetSingh/status/1541464179994832897
Stop blaming Corporations! Start blaming @JustinTrudeau
Can you tell me on how @cafreeland and @JustinTrudeau have made things more affordable?
https://www.bloomberg.com/news/articles/2022-06-20/trudeau-is-shirking-canada-s-inflation-fight-scotiabank-says
https://www.slideshare.net/paulyoungcga/preliminary-cost-of-living-canada-may-2022pptx

20. Power Generation / Key Country –
Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics
https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-ottawa-seeking-public-input-on-critical-
minerals-strategy-amid-urgent/
Canada produced over 82% of its energy from clean sources
China continues to own the critical metals market
California is encouraging electrical vehicles owners to reduce their vehicle charging
Green inflation is here to stay
https://www.slideshare.net/paulyoungcga/electricity-analysis-and-commentary-march-2022pptx

21. New estimated Projection Deficit
@cafreeland said the other day she was concern about inflation.
Freeland has not address core areas of inflation like excess govt
spending or lack of focus on productivity or lack of focus on
regulatory & tax reforms or elimination of the carbon tax
https://www.slideshare.net/paulyoungcga/canada-fiscal-management-
deficit-and-debt-may-2022pptx
The federal public services have expanded by over 50K job and yet
there are backlogs with passports, immigration, and other areas of
government
Federal government deficits pre-covid nineteen did little to address
productivity, innovation, skills gaps, and affordable housing.
Canada per capita GDP trails other countries like Qatar
https://georank.org/economy/canada/qatar and Australia
https://georank.org/economy/australia/canada
Canada continues to struggle with high inflation -
https://www.cbc.ca/news/politics/chrystia-freeland-inflation-
1.6501750

22. Canada and Stock Market
PRESENTATION TITLE 2/11/20XX 22

23. Policies
@cafreeland @FP_Champagne can you tell Canadians what fundamentals are strong for CAN? It is not innovation
spending or FDI spending or productivity improvement or affordable housing. BTW: Your so call super clusters have
been a failure!
https://www.slideshare.net/paulyoungcga/bank-of-canada-what-is-next-for-monetary-policies-june-2022pptx

24. Summary
PRESENTATION TITLE 2/11/20XX 24
Summary
• Concerns over housing debt and affordable housing are driving down markets
• Access to critical metals has become a growing concerns for countries trying to shift to cleaner economic policies
• Lack of focus on systemic issues with inflation
• Supply chain disruptions continue to plague global supply chains
• High inflation is challenge for global central banks
• Threat of recession continues to rise each week
• Bear market could lead to issues with pension solvency
Blog – Stock Market – June 24, 2022
Markets close week
with gains, tech stocks rally to the upside.pdf
Stock Market Closes
Higher, Snapping Three-Week Losing Streak; FedEx, Salesforce Lead Gains Investor's Business Daily.pdf
Balance of Trade and
Payments - USA.pdf
globalweekahead202
20624.pdf
Relief from the
Selling Heat.pdf
WestpacWeekly.pdf
New US program
targets rare minerals needs for EVs and solar panels - MINING.COM.pdf
A novel water-based
battery is safer than lithium at half the cost.pdf
Lithium landgrab
sparks new electric-car risk - Energy News for the Canadian Oil & Gas Industry EnergyNow.ca.pdf
Amid soaring gas
prices, Canadians are searching for electric cars with little luck - The Globe and Mail.pdf
Inflation Half of
Canadians' finances worse than last year CTV News.pdf
Housing affordability
worst its ever been as prices outstrip earnings.pdf
longterm_jun2022.pdf Balance of Trade and
Payments - USA.pdf
globalweekahead202
20624.pdf
Relief from the
Selling Heat.pdf
Stocks jump to close
out second best week of 2022 S&P 500 gains 3.1_, Dow adds 800+ points.pdf
Closing Bell Nifty
ends around 15,700, Sensex gains over 462 pts; autos shine.pdf
Oil posts weekly loss
as recession jitters dent commodity prices - BNN Bloomberg.pdf
Banks Face Risks
From Geopolitics, Staff Turnover, OCC Says - WSJ.pdf
Geopolitical News
Analysis and Forecasting Geopolitical Monitor.pdf
Fighting Global
Inflation Could Lead Developing Countries Into Financial Crisis Barron's.pdf
Quebec’s role in the
battery metals supply chain.pdf
The stock market gained sharply on Friday, closing out the week with all three major indexes up over 5%
for the week and snapping a three-week losing streak. New data showed the economy continued to
slow, feeding investor enthusiasm and signaling inflation may be coming down and the Federal Reserve
may ease its tight monetary policy.
The Nasdaq closed up 3.3%, the S&P 500 gained 3.1% and the Dow Jones Industrials closed up 2.7%.
Top gainers in the Dow Jones today, with gains of at least 5%, included Salesforce.com (CRM), Goldman
Sachs (GS) and Boeing (BA).
The Russell 2000 index of small caps gained 3.1%. The Innovator IBD 50 ETF (FFTY), a bellwether for
growth stocks, rose 1.6%.
Volume rose sharply on both the Nasdaq and the New York Stock Exchange due to rebalancing of the
Russell indexes.
Source - https://www.investors.com/market-trend/stock-market-today/stock-market-closes-higher-
snapping-3-week-losing-streak-fedex-salesforce-lead-gains/
1. Stock market closing - https://finance.yahoo.com/news/stock-market-news-lives-updates-june-
24-2022-113334665.html
2. Oil - https://www.bnnbloomberg.ca/oil-posts-weekly-loss-as-recession-jitters-dent-commodity-
prices-1.1783205

25. 25
Path Forward for Canada
Blog – What is next for Canada
• The new normal means likely changes on how parts of the GDP work including capacity restrictions for
sectors like hospitality, tourism, and entertainment.
• Development of natural resources in sustainable way
• Protecting the environment while growing the economy
• Addressing issues with job quality
• Addressing issues with the cost of living
• Implementing tax fairness policies
• Addressing the delivery model for government including more performance audits and value for money
audits.
Source - https://www.slideshare.net/paulyoungcga/what-is-the-path-forward-for-canada-october-2021

26. 26
Commodities
Canada mining, forestry, oil and gas sector have been faced with both taxation and regulatory hurdles as part of developing future reserves -
https://www.bnamericas.com/en/interviews/exploration-splurge-by-canadas-miners-to-spill-over-into-latam and
https://www.slideshare.net/paulyoungcga/natural-resources-canada-whats-next-may-2022pptx
LNG demand continues to grow. More LNG capacity is being added in Qatar and the United States - https://ca.investing.com/analysis/natural-gas-as-
freeport-crisis-drags-new-lng-capacity-gets-signed-on-200513926
Critical metals continue to face price and cost issues - https://capital.com/rare-earth-elements-miners-need-to-invest-now-to-end-fossil-fuel-dependency
Lack of oil capacity has been impacting gasoline prices - https://www.hellenicshippingnews.com/us-refining-capacity-falls-to-lowest-mark-in-8-years-amid-
record-prices-eia/ and https://ca.movies.yahoo.com/u-oil-gas-exports-fueling-200000520.html
Countries continue to push the 2030 agenda without having a solid transition plan off fossil fuels. https://www.cbc.ca/news/politics/environment-
commissioner-emissions-reduction-targets-1.6431155 or https://torontosun.com/opinion/columnists/goldstein-pms-massive-climate-spending-fails-to-
achieve-promised-results or https://www.reuters.com/business/sustainable-business/global-climate-goal-could-be-peril-without-carbon-price-reform-2022-
06-22/

27. 27
Pharmacare
“The federal government is out of excuses: It’s time to get serious about pharmacare”
https://www.canadianmanufacturing.com/features/the-federal-government-is-out-of-excuses-its-time-to-get-
serious-about-pharmacare/
The program with this article is there no focus on various government drug programs that need to be
consolidated. There also needs to be focus on a made in Canada solutions related to drug development.
My work - https://www.slideshare.net/paulyoungcga/biotech-and-pharmaceutical-september-2021

28. 28
Job Vacancies
Source – CIBC and Stats Canada

29. 29
Climate Change
Blog – Growing the Circular Economy through better Climate Mitigation Policies
I support better policies that encourage both the private and public sectors to move their operation model to zero-
waste. More work needs to be done on policies related to waste-to-energy (CCA) or abolishing carbon taxation or
streamlining of regulations and taxes or tax credits for environmental work, i.e., tree plant or water management or
other areas of the environment.
https://www.slideshare.net/paulyoungcga/how-to-advance-the-circular-economy-through-climate-mitigation-policies

30. 30
Plastics
Plastics play a key role as part of disease mitigation including masks, dividers, storage, etc. The real issue is how
best to recycle the plastics as part diverted waste from waterways and landfill sites.
https://www.canadianmanufacturing.com/manufacturing/plastic-resin-emerges-as-tiniest-example-of-
enduring-covid-19-supply-chain-crunch-273555/
My work: https://www.slideshare.net/paulyoungcga/how-to-maximized-the-circular-economy-250318403

31. 31
Wind Turbines and Recycling
Blog – Wind Power and Recycling - https://www.linkedin.com/posts/paul-young-055632b_to-end-wind-power-
waste-siemens-gamesa-designs-activity-6848534185544699904-bg01
There needs to be a global strategy on how to recycle the old blades. https://windeurope.org/newsroom/press-
releases/wind-industry-calls-for-europe-wide-ban-on-landfilling-turbine-blades/

32. 32
Competitiveness
@MPJulian and the NDP
Shutdown tax-havens.
Fix the tax act.
Getting more value for money out of program spending
The focus should be on protecting the environment while
growing the economy in a sustainable way.
https://www.slideshare.net/paulyoungcga/tax-fairness-and-
business-competitiveness-analysis

33. 33
Energy Crisis
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month that
is rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the demand.
China is already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian
countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get bumped
back at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will take
years. Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bl
ogspot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/

34. 34
Electrical Vehicles
Blog - World Largest Plug-in Station provider promises full charge in 15 minutes - Electrical Vehicles
Technology company ABB made an announcement stating it has created the quickest electric vehicle charger. ABB claims that in just under
three minutes, its charger, the Terra 360, can provide a range of 62 miles. Leave the vehicle plugged in for 15 minutes, and it can be fully
charged.
New Atlas reports ABB’s Terra 360 possesses a maximum output of 360 kW. The charger resembles a gasoline pump and has four ports and
16-foot retractable cables that allow it to charge as many as four vehicles at the same time. Although, if four vehicles are charging
simultaneously, the kW decreases to 90.
https://www.thomasnet.com/insights/world-s-fastest-ev-charger-promises-full-battery-in-15-minutes/?ecms_id=8afea2aa-cf09-4d8c-996c-
d6af6c50fd63&ecms_short=ART5963&doc_type=ted_video_article&parent_id=4a24fd38-8dd6-4945-8747-
c1c52587a6e5&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&campaign_name=tiu
211026&utm_campaign=tiu211026&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045
Additional Links:
eVehicles - https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption-october-2021
Plug-in stations issues - https://www.wealth-wave.com/wealth-wave/3-ev-speedbumps-3-potential-profits/
Grid limitations - https://www.rte.ie/news/business/2021/1020/1254828-maxol-20m-investment/
Grid connection issues - https://www.cbc.ca/amp/1.6224159
Car rentals - https://www.cnbc.com/2021/10/25/tesla-hertz-ev-deal-signal-to-rental-car-fleets-its-time-for-electric.html

35. 35
Natural Resources / Critical Metals
Blog – Natural Resources Sector – What is next – October 2021
Canada’s natural resources sector is about 11% of its GDP. Canada needs to put a focus on development of its’ natural
resources in a sustainable way as part of support the green and circular economy.
Canada has sizeable reserves in the areas of critical metals - https://mineralprices.com/canada-should-take-the-lead-in-
global-critical-minerals-development-panel/?utm_source=rss&utm_medium=rss&utm_campaign=canada-should-take-
the-lead-in-global-critical-minerals-development-panel
My work
https://www.slideshare.net/paulyoungcga/what-is-next-for-canada-and-worlds-natural-resources-250492008
Key stocks - https://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/top-
canadian-rare-earths-stocks/

36. 36
Monetary Policies – BOC
Key Implications
In the latest highly anticipated decision, the Bank of Canada changed up the script. It pulled forward the timing of
when it expected the output gap to close to the middle quarters of next year as it judged that supply disruptions were
weighing more heavily on the economy's productive capacity. So, even as the GDP forecast was revised down in this
MPR, the output gap closed sooner than what the Bank had projected in July.
In terms of our own view, we expect the Bank will raise rates three times next year, taking the overnight rate to 1%
by the end of 2022. Inflation is heating up, and it would be prudent to remove some monetary stimulus as the
economy continues down the road to recovery.
We must acknowledge that there is significant uncertainty around the economic outlook right now. A resurgence of
the pandemic could result in greater stimulus, but if there is a faster-than-expected acceleration in household
spending, the Bank could raise rates at a faster clip. The Bank of Canada is showing that it is nimble and will react
quickly to the evolving economic landscape.
https://economics.td.com/ca-boc-interest-rate-announcement
Additional Links:
https://www.slideshare.net/paulyoungcga/what-is-next-for-global-monetary-policies-october-2021

37. 37
Transforming the Retail Sector
https://www.theglobeandmail.com/business/industry-news/property-report/article-innovation-driving-transformation-of-retail/
The shift of consumer spending to the digital realm is driving the transformation of physical retail into an immersive,
“phygital” experience, Ms. Nicholls says.
“Omnichannel has been a buzzword in retail for a long time,” says Ashley Barby, founder of Toronto-based, retail-
innovators hub FashionTech, whose report, Store of the Future, was released this month.
As pandemic restrictions continue to ease, customers will expect “a post-omnichannel world – or a channel-less
environment – where everything has merged, and the customer transacts seamlessly within all of them.
Additional links:
Australia – Retail Sales – August 2021 - https://www.slideshare.net/paulyoungcga/retai-sales-australia-august-2021
Canada - https://www.slideshare.net/paulyoungcga/retail-sales-and-consumer-spending-canada-august-2021
USA - https://www.slideshare.net/paulyoungcga/retail-sales-usa-september-2021

38. 38
Transforming the Public Sector
Blog – How to fix the Governance Model for
the Public Sector -
https://www.slideshare.net/paulyoungcga/h
ow-to-fix-the-goverance-model-for-the-
public-sector-government-249941842
Source - https://www.auditboard.com/

39. 39
ESG Reporting
Blog - 88 percent of Industrial Businesses Are Now Prioritizing Sustainable Manufacturing - https://www.linkedin.com/pulse/blog-88-
percent-industrial-businesses-now-paul-young/?published=t
In a strategic move to increase operational efficiency while simultaneously reducing cost, many industrial business leaders have recently been
prioritizing sustainability throughout their facilities. Sustainable manufacturing, which the U.S. Department of Commerce defines as using
industrial processes that minimize negative environmental impacts and are safer for both employees and consumers, has been gaining
momentum lately amid what the United Nations calls the “Decade of Action.”
A recent study from Oxford Economics highlighted that 65% of companies have created a clear mission statement around sustainability, with
another 23% noting that they are in the process of developing such a statement, for a total of 88% of companies prioritizing sustainability.
Similarly, in a recent SAP survey, 46% of industrial business leaders shared that sustainability is top of mind for them throughout the
manufacturing process, and 68% of them have reduced energy consumption at their businesses.
https://www.thomasnet.com/insights/88-of-industrial-businesses-are-now-prioritizing-sustainable-manufacturing/?ecms_id=f3a900b0-35f4-
494d-8457-fda636ddd249&ecms_short=ART5960&doc_type=ted_video_article&parent_id=2fd67156-2dae-43a3-82d5-
fdf35ab36f99&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&campaign_name=tiu2
11018&utm_campaign=tiu211018&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045
Additional links:
This ties nicely into my work - Clients/Customers are looking at the best way to integrate data into their reporting systems as well as ensuring
they are complying with various regulation filings as part of their GRC models -
Templates: https://ibm.box.com/s/nsbds2s5v8znpwqzc03p9urykbat38w0
Presentation: https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

40. 40
Canada vs Australia

41. 41
Summary
• New normal is hear to stay - https://www.slideshare.net/paulyoungcga/new-normal-for-canada-
and-the-world-248752153
• Addressing issues facing the middle class - https://www.slideshare.net/paulyoungcga/how-is-the-
middle-class-doing-in-canada
• All levels of government need a new governance model that emphasizes the size of government,
value for money, oversight, transparent, and accountability -
https://www.slideshare.net/paulyoungcga/how-to-fix-the-goverance-model-for-the-public-sector-
government
• Addressing issues with the global economy including reforming UN, WHO, WTO, and other areas of
global policies to support a more inclusive economy -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-may-2021
• Addressing issues with debt - https://www.slideshare.net/paulyoungcga/debt-issues-global-debt-
crisis-analysis-and-commentary-248282137
Blog – Fiscal and Economic Scorecard – Canada – May 2022 and April 2022
Canada headed toward major headwinds, and little is being done by @JustinTrudeau and his
government.
Feder a l go ver nment
inves ts in digita l s hift with s uppo r t fo r two fo o d ma nufa ctur er s - Ca na dia n Ma nufa ctur ing.pdf
Ca na dia n tech
community br a ces fo r po s s ible do wntur n a s s to ck
s fa ll, infla tio n r is es - The Glo be a nd Ma il.pdf
Sho uld ho us ing
a ffo r da bility be a ma jo r is s ue in the upcoming municipa l electio ns - Po ll - Ca s ta net.net.pdf
Ca na da ha ndled
COVID well by mo s t mea s ur es .pdf
​Ca na da 's econo my
s ta lls s lightly o n o il-pr o ductio n s lo wdo wn - BNN Blo o mber g.pdf
Opinio n Ca na da ’s
econo my o ver -indebted a nd under per fo r ming Fo r t Mcmur r a y To
Ho w to r edefine
Ca na dia n inno va tio n in a n 'unfo r giving wo r ld'.pdf
High Debt, As s et
Bubbles , a nd An Incr ea s ed Pr o ba bility o f A Ha r d La nding Wa r ns BIS Ro ya l Yo r k Pr o per ty Ma na gement.pdf
To r o nto ha s no w
s ur pa s s ed Va ncouver a s Ca na da 's mo s t expens ive city.pdf
Onta r io s a ys it's
limiting the ma x r ent incr ea s e fo r 2023 to 2.5_. Cr itics s a y it's s till to o high CBC News .pdf
Mining fir ms po is ed
to lea d capita l r a is ings in Ca na da , TSX CE O s a ys - Glo ba l Times FDI.pdf
Opinio n G7 a llies can
lo o k to Ca na da to help s o lve ener gy cr is is Ca lga r y Her a ld.pdf
CFOs Ca n Cr ea te a
Bus ines s Cultur e Tha t E mbr a ces Cha nge a nd Gener a tes Va lue.pdf
E lectr ic Ca r Pr ices
Spiking Due To Ris ing Co s ts And Dema nd.pdf
1. Real Estate - https://royalyorkpropertymanagement.ca/news-article/high-debt-asset-bubbles-
and-an-increased-probability-of-a-hard-landing-warns-bis
2. Cost of living - https://www.blogto.com/city/2022/06/toronto-surpassed-vancouver-canadas-
most-expensive-city/ or https://www.cbc.ca/news/canada/toronto/ontario-2023-rent-increase-
guideline-1.6505362
3. Mining - https://www.globaltimes.cn/page/202206/1269444.shtml
4. Oil and Gas - https://calgaryherald.com/opinion/columnists/opinion-g7-allies-can-look-to-
canada-as-a-significant-answer-to-the-worlds-energy-problems
5. Automation - https://blog.workday.com/en-us/2022/how-cfos-create-business-culture-
embraces-change-generates-value.html
6. Electrical vehicles - https://insideevs.com/news/595203/electric-car-prices-rising-demand-
material-cost/
7. Manufacturing - https://insideevs.com/news/595203/electric-car-prices-rising-demand-
material-cost/
8. Tech - https://www.theglobeandmail.com/business/article-canadian-tech-community-braces-
for-possible-downturn-as-stocks-fall/
9. Housing - https://www.castanet.net/edition/news-story-373536-11-.htm
10. GDP - https://www.bnnbloomberg.ca/canada-s-economy-shrank-in-may-statscan-warns-
1.1786068
11. GDP - https://www.fortmcmurraytoday.com/opinion/opinion-canadas-economy-over-indebted-
and-underperforming
12. Innovation - https://thoughtleadership.rbc.com/how-to-redefine-canadian-innovation-in-an-
unforgiving-world/

42. 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