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GDP: Canada October
2018
Paul Young CPA, CGA
December 21, 2018
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
Agenda
 GDP by month
 GDP by Change by Sector
 GDP Summary $ by Sector
 Blog#1 – GDP
 Turbulent winds ahead for Canada’s Economy
 Canada Manufacturing Sector
 What’s next
GDP Growth by Month
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
GDP by Sector - % Change
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
GDP $ by Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
Blog #1 - GDP
MSM
 Why do you never asked Morneau, Trudeau or others why $59B in deficits is only supporting 2.1% GDP
growth. Harper had 2.3% GDP growth after the
recession.https://torontosun.com/opinion/columnists/gunter-sound-fiscal-management-not-this-
government?fbclid=IwAR3usuM7wRlAO3B7QWL3r-DflewLTBwcUOBZdATQUjp0EDD8ESeUbIuK3_0 or
https://www.slideshare.net/paulyoungcga/justin-trudeau-real-truth-about-deficits
Turbulent winds ahead for Canada’s
Economy
It is not just oil that is in crisis in Canada but other sectors. Alberta and
Saskatchewan want issues facing the oil patch to be on the agenda when
premiers meet with the prime minister later this week.
Source: https://www.canadianmanufacturing.com/exporting-and-importing/put-
oil-crisis-on-first-ministers-agenda-alberta-saskatchewan-premiers-223268/
Manufacturing Sales by Sector
Source – Stats Canada and Scotiabank
9
What’s next
 Oil prices plummeted in November 2018.
 Housing Prices have risen slowly in 2018
 New taxation takes affect 2019 - CPP Hikes (January 1, 2019), Carbon tax
(March 2019), Small Business tax changes (January 1, 2019)
 Rise of globalism - https://www.slideshare.net/paulyoungcga/what-is-
globalism
 Liberals are pushing more and more anti-business regulations like C69 -
https://calgaryherald.com/news/local-news/corbella-notley-stays-quiet-
while-bill-c-69-passes-another-hurdle

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GDP: Canada - October 2018

  • 1. GDP: Canada October 2018 Paul Young CPA, CGA December 21, 2018
  • 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  GDP by month  GDP by Change by Sector  GDP Summary $ by Sector  Blog#1 – GDP  Turbulent winds ahead for Canada’s Economy  Canada Manufacturing Sector  What’s next
  • 4. GDP Growth by Month Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
  • 5. GDP by Sector - % Change Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
  • 6. GDP $ by Sector Source - https://www150.statcan.gc.ca/n1/daily-quotidien/181221/dq181221a-eng.htm
  • 7. Blog #1 - GDP MSM  Why do you never asked Morneau, Trudeau or others why $59B in deficits is only supporting 2.1% GDP growth. Harper had 2.3% GDP growth after the recession.https://torontosun.com/opinion/columnists/gunter-sound-fiscal-management-not-this- government?fbclid=IwAR3usuM7wRlAO3B7QWL3r-DflewLTBwcUOBZdATQUjp0EDD8ESeUbIuK3_0 or https://www.slideshare.net/paulyoungcga/justin-trudeau-real-truth-about-deficits
  • 8. Turbulent winds ahead for Canada’s Economy It is not just oil that is in crisis in Canada but other sectors. Alberta and Saskatchewan want issues facing the oil patch to be on the agenda when premiers meet with the prime minister later this week. Source: https://www.canadianmanufacturing.com/exporting-and-importing/put- oil-crisis-on-first-ministers-agenda-alberta-saskatchewan-premiers-223268/
  • 9. Manufacturing Sales by Sector Source – Stats Canada and Scotiabank 9
  • 10. What’s next  Oil prices plummeted in November 2018.  Housing Prices have risen slowly in 2018  New taxation takes affect 2019 - CPP Hikes (January 1, 2019), Carbon tax (March 2019), Small Business tax changes (January 1, 2019)  Rise of globalism - https://www.slideshare.net/paulyoungcga/what-is- globalism  Liberals are pushing more and more anti-business regulations like C69 - https://calgaryherald.com/news/local-news/corbella-notley-stays-quiet- while-bill-c-69-passes-another-hurdle