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HOW BEST TO RE-SHORE
SUPPLY CHAIN AND BUILD
RESILIENT SUPPLY CHAIN
Paul Young CPA, CGA
October 8, 2022
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
KEY PRODUCTS
• 2021-2022 Budget / Canada
• Key Stats
• Movement of Goods
• Innovation
• Medical Supplies
• Pharmaceuticals
• Strategic Metals
• Oil
• Natural Gas
• Food Processing
• China / Supply Chain
• Technological Disruption
• Summary
• Manufacturing
• Protests
• Training/Development
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2022-2023
CANADA BUDGET
(FEDERAL)
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Little in this budget will do anything to address
high inflation, affordable housing, improving
productivity, advancing innovation, and other areas
of policy!
https://www.slideshare.net/paulyoungcga/budget-
2022-path-forward-for-canada-pptx
RISKS AND
THREATS TO
SUPPLY CHAIN
• Climate Change mitigation/container
Shipshttps://news.mongabay.com/2021
/03/new-age-of-sail-looks-to-slash-
massive-maritime-carbon-emissions/
• Top 10 risks to Supply Chain -
https://supplychaingamechanger.com/t
op-10-global-supply-chain-risks/
• Access to canal systems
• Suez / block -
https://www.scmp.com/comment/opinion
/article/3127033/suez-canal-blockage-
shows-vulnerability-worlds-trade-choke-
points
• Panama Canal -
https://www.supplychaindigital.com/logisti
cs-1/what-panama-canals-expansion-
means-eastern-ports
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TRANSPORTATION
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MANUFACTURING
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ENERGY
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MINING AND FORESTRY
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AGRICULTURE
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EXPORTS
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IMPORTS
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BALANCES
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NATURAL RESOURCES (LOSS OPPORTUNITIES)
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MOVEMENT OF
GOODS
Source - https://www.nextbigfuture.com/2021/03/economic-boom-
from-faster-and-cheaper-movement-of-
goods.html?utm_source=feedburner&utm_medium=feed&utm_cam
paign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
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INNOVATION
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Canada like many countries must find better ways to support
taking ideas from incubation to market.
Here other areas:
 There should be no clusters. All Universities and Colleges
should receive grants base on # of students (F/T and P/T)
 Training Credits
 Refining stock market capitalization
 Streamlining of taxes and regulations.
 Tax code changes in areas like CCA and R&D
My work: - https://www.slideshare.net/paulyoungcga/path-to-
innovation-for-canada-244663371
MEDICAL SUPPLIES
Source - https://www.prnewswire.com/in/news-
releases/medical-supplies-market-size-is-
projected-to-reach-usd-160-6-billion-by-2025-
growing-at-a-cagr-of-7-2-valuates-reports-
873469099.html
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Next steps
• The procurement cycle needs to be coordinated between
provincial and states related medical supplies -
https://thehill.com/opinion/international/490963-a-
defining-moment-in-our-medical-supply-chain-crisis
• All levels of government need to set up strategic supplies of
key medical equipment. Yearly audits should be done to
ensure the supply meets future demand as well as dealing
with any expiration dates.
• Hospital funding will need to be adjusted to respect higher
costs related to sourcing medical supplies locally.
PHARMACEUTICALS
Source https://www.globenewswire.com/news-
release/2020/01/17/1972092/0/en/Global-
Pharmaceuticals-Industry-Analysis-and-Trends-
2023.html -
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Next steps
• Private and Public drug plans need to be re-evaluated as part
changes to pharmacare -
https://www.slideshare.net/paulyoungcga/can-canada-be-
successful-at-pharmacare
• Review of patent protection laws for drugs -
https://www.canada.ca/en/health-
canada/news/2019/08/government-of-canada-announces-
changes-to-lower-drug-prices-and-lay-the-foundation-for-
national-pharmacare.html
• Review of regulations, tax policies, etc. related to R&D as part
of supporting the pharmaceutical sector
STRATEGIC
METALS – RARE
METALS
Rare Metals - https://investingnews.com/daily/resource-
investing/critical-metals-investing/rare-earth-
investing/rare-earth-reserves-country/
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• Re-thinking the supply chain for clean technology including
alternative products that are less dependent on rare earths
• Encouraging manufacturers of cell phones and other products
to move to other jurisdictions
• India / Apple -
https://appleinsider.com/articles/20/05/18/apple-
moves-to-de-risk-china-production-keep-iphone-se-
price-low
• Re-visiting power generation with more focus on other
sources like molten salt, hydro, nuclear, natural gas -
https://www.slideshare.net/paulyoungcga/electricity-
generation-co2-and-environmental-impact-whats-next
• China dominates the world in terms of rare metals
• The world needs to look at other sources for rare metals
including development new sources -
https://business.financialpost.com/commodities/mining/
you-dont-control-your-destiny-why-canadas-rare-earth-
deposits-are-staying-in-the-ground
• Key is development of these remote mines in
economic and sustainable manner
STRATEGIC
METALS - LITHIUM
Source -
https://www.statista.com/statistics/2
68790/countries-with-the-largest-
lithium-reserves-worldwide/
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• Supporting development and manufacturing of lithium
batteries locally - https://smallcaps.com.au/novonix-
discovers-breakthrough-method-low-cost-synthesis-
lithium-ion-battery-materials/
• More balance when it comes to electrical cars vs gas
power - https://www.slideshare.net/paulyoungcga/ev-
electrical-vehicles-all-you-need-to-know
• How best to support the building of 5G networks
• https://www.northernminer.com/subscribe-
login/?id=1003812039
• Support local mining and smelting operations -
https://electricautonomy.ca/2020/05/05/ontario-cobalt-
refiner-eyes-breakthrough-ev-supply-chain-role/
• Key reserves for lithium are in Latin America
• Stronger trade and investment ties to Central
America
LITHIUM AND
CHINA
China is having companies de-listed from USA Stock
Exchanges due to audit and reporting issues. China is
looking at other exchanges to expand their market
presence with critical metals
https://www.canadianmanufacturing.com/manufacturing/f
ederal-government-says-there-is-no-security-issue-in-
chinese-takeover-of-lithium-company-277957/
SEC / USA
PCAOB has not been able to inspect
audits of Chinese firms listed on the
US stock exchanges
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SEC finalizes rules
that may delist China-based companies Davis Polk.pdf
STRATEGIC
METALS -
VANADIUM
Source -
https://investingnews.com/daily/resource-
investing/battery-metals-investing/vanadium-
investing/vanadium-reserves/
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• Bulk of vanadium is controlled by Russia and China
• Strategic purchases of assets/mines
https://www.northernminer.com/fast-news/u-s-
vanadium-acquires-russian-owned-vanadium-facility-
in-arkansas/1003810596/
• Streamlining the regulator process for mines -
https://investingnews.com/company-
profiles/vanadium-one-iron-tsxv-vone-ore-vanadium-
mineral-exploration-canada/
• Look at ways to support local battery producers -
https://www.greentechmedia.com/articles/read/flow-
batteries-struggle-in-2019-as-lithium-ion-marches-on
OIL SECTOR
• Oil still plays a vital role as plastics are
required for medical supplies,
vehicles, etc.
• Oil needs to be treated with respect
• Oil needs to be identified as a strategic
resources
• Oil needs to get to international markets
(Canada and USA)
• Pipeline construction needs to be
prioritized including streamlining the
approval process (analytics/modeling,
committee hearing, etc.)
• Energy hubs should be established as
part of exporting oil to international
markets
• Made in country solutions as it relates to
petrochemical production.
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Source - https://www.slideshare.net/paulyoungcga/oil-and-gas-sector-whats-happening-outlook-
2020-and-beyond
NATURAL GAS
Source -
https://www.slideshare.net/paulyoun
gcga/liquefied-natural-gas-canada-
what-is-next
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• Natural gas power plants are growing importance -
https://www.eia.gov/todayinenergy/detail.php?id=4
2497
• Streaming the regulator process for LNG plants
• Countries like USA and Canada should identify
natural gas as strategic assets as part of promoting
LNG development/commercialization
HYDROGEN
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Summary
Hydrogen is becoming a preferred option as
part of moving away from fossil fuels. Renewal
projects such as solar and wind farms are now
looking at producing hydrogen,
There are still challenges including the
movement of hydrogen to export markets and
fueling stations/power plant.
Safety issues are very key! Local fire
departments/services will need proper training
and equipment to fight hydrogen fires.
The capital spending requires to develop
hydrogen is well over $500B. Oil and Natural
Gas companies are looking at ways to produce
green hydrogen as part of the electrolysis
process.
https://www.slideshare.net/paulyoungcga/th
e-future-of-hydrogen-august-2022pptx
FOOD PROCESSING
Source - https://www.slideshare.net/paulyoungcga/agriculture-and-
farming-sector-whats-next
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• Food processing needs to be treated as strategic asset
• More supports to farmers (tax fairness, labor
reforms, etc.
• More emphasis on distribution channels (i.e.
ports, rails, etc.)
• More balance trade between countries
• WTO needs to reform as part fixing issues with
protectionism -
https://www.slideshare.net/paulyoungcga/2019-
election-global-trade-barriers-and-protection-
wto-canada-september-2019
OVERALL
MANUFACTURING
• Following a 1.1% decline in May, manufacturing sales fell 0.8% to $71.8 billion in June,
on lower sales in 8 of 21 industries, led by the petroleum and coal product (-7.8%),
wood product (-7.2%) and aerospace product and parts (-16.8%) industries. Meanwhile,
sales of motor vehicles (+13.8%) and chemical products (+6.0%) increased the most.
https://www.slideshare.net/paulyoungcga/manufacturing-sector-canada-june-2022pptx
More needs to be done to address competitiveness as it relates to manufacturing as part
encourage FDI
• Eliminating the carbon tax
• Revisiting CCA
• Streamlining regulations
• Tax reforms
• Revamping grants systems (Role of government is not to pick and choose the winners
and losers)
• Access to new markets (Fair trade and investment deals)
• Adoption of advance technology - https://www.slideshare.net/paulyoungcga/3d-
printing-what-is-next-april-2021
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MANUFACTURING
– PATH FORWARD
Over the same 20 years that manufacturing jobs have declined, manufacturing
capabilities have advanced at an impressive rate. With the addition of
technological improvements and automated systems, manufacturers can do
more than ever. These advancements have also changed what manufacturing
jobs look like.
While we continue to see a worker shortage in the manufacturing industry, the
industry itself is growing. New jobs are opening every day because companies
are increasing their output.
Some of the biggest misconceptions regarding manufacturing jobs are the
work is dirty, the day-to-day role is repetitive, and automation is obsoleting
the need for manual roles. Despite an increase in automated systems, people
are still a critical component of the manufacturing process. Automation allows
manufacturers to increase their output, but it also provides increased
opportunities for team members.
Every manufacturing environment thrives off continuous improvement and
creativity. As automation and technology continue to play larger roles in the
manufacturing process, they present team members with countless
opportunities to learn exciting new skills and to evaluate processes to make
systemwide improvements. When companies provide on-the-job training to
help grow skill sets, it helps propel team member career paths forward.
https://www.industryweek.com/industry-events/manufacturing-
day/article/21178940/manufacturing-the-backbone-of-
america?utm_source=IY%20IW%20Daily%20Headlines%20-
%20Morning&utm_medium=email&utm_campaign=CPS211019052&o_eid=7
930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489J2B&oly_e
nc_id=7930I4506489J2B
Summary:
Manufacturing changed over the past 20 years due to many factors like
globalization, product rationalization, economy of scale, etc. Manufacturing
can play a key role as part of building a resilient supply chain, but it will
require all levels of government address their various policies in areas like
productivity or taxation and regulatory reforms or skills gaps or access to raw
materials or reducing supply chain disruption or other areas of policy. Here is
my work: https://www.slideshare.net/paulyoungcga/usa-manufacturing-
august-2021-and-july-2021
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USA AND
SOURCING
Source - https://www.mhlnews.com/global-supply-chain/article/21137578/manufacturers-are-
shifting-supply-chains
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• Big winner could be Mexico due to USMCA
• All levels of government in USA and Canada need to work
together on economic development strategy -
https://www.brookings.edu/research/reshoring-advanced-
manufacturing-supply-chains-to-generate-good-jobs/
• Re-shoring will not completely abandon China -
https://mitsloan.mit.edu/ideas-made-to-matter/reshoring-
restructuring-and-future-supply-chains
CHINA AND
SUPPLY CHAIN
U.S. companies trying to sustain business in China. Companies are increasingly
likely to map out a multiyear strategy for developing products geared toward the
Chinese market, based on the company’s competitive advantage over local
alternatives, and what is considered “good enough” in the target segment. One
option is to partner with a local business in China to gain access to the market
with a mandate requiring purchases from indigenous companies. For example,
Hewlett-Packard Enterprise has a successful partnership with H3C that opens
the Chinese enterprise IT market for HPE.
In addition, U.S. companies might look to acquire assets or build new business
models in segments where China or the Eastern Bloc has a strength that the U.S.
lacks, such as 5G equipment.
Another key decision: Many companies are considering a “China-plus-one”
supply chain model to reduce dependence on Chinese suppliers, add
redundancy and increase resilience.
https://www.industryweek.com/the-economy/public-
policy/article/21147345/preparing-for-uschina-
decoupling?utm_source=IY+IW+Daily+Headlines+-
+Morning&utm_medium=email&utm_campaign=CPS201106066&o_eid=7930I4
506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489J2B&oly_enc_id=7
930I4506489J2B
Governments and businesses face crisis all the time. The key is how businesses
and government make changes including how they mitigate risks with their
various supply chains - https://www2.slideshare.net/paulyoungcga/how-to-
implement-crisis-management-using-data-and-ai
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TECHNOLOGY
DISRUPTION
Ark Invest has a report on Bad Ideas for investing during the
2020s. Ark Invest manages invest ETFs of about $20 billion. ARK’s
Invest believes in Autonomous Technology and Robotics, Next
Generation Internet, Genomic Revolution, Fintech Innovation, 3D
Printing, Israel Innovative Technology, and the overall Disruptive
Innovation.
Areas of concerns:
1. Tax policy changes including fuel taxes, licensing, and tolls as part of looking how
best to support infrastructure -
https://www2.slideshare.net/paulyoungcga/canada-infrastructure-analysis-of-
policy-238326543
2. More policy changes as it relates to the circular economy -
https://www2.slideshare.net/paulyoungcga/how-to-best-support-a-circular-
economy
3. Rethinking how best to support clean technology for the transportation sector -
https://www2.slideshare.net/paulyoungcga/ev-electrical-and-hybrid-vehicles-
analysis-and-commentary-november-4-2020
4. Combustible fuels are still needed as part of the power generation -
https://www2.slideshare.net/paulyoungcga/report-electricity-analysis-canada-
and-the-world
5. eCommerce model still needs work in terms how best to support your customers
- https://www2.slideshare.net/paulyoungcga/retail-sales-analysis-australia or
https://www2.slideshare.net/paulyoungcga/retail-sales-canada-august-2020 or
https://www2.slideshare.net/paulyoungcga/retail-sector-united-states-
september-2020
6. New transportation equipment will require steel, plastics, metals, lithium, etc.
There is a global demand for metals -
https://www.canadianmanufacturing.com/manufacturing/mining-metals-
needed-for-electrification-faces-low-price-obstacle-263430/
a. Countries around the globe need to reform their mining practices -
https://www2.slideshare.net/paulyoungcga/natural-resources-canada-how-
best-to-get-goods-to-market
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TOP 5 RESHORING
TRENDS FOR 2021
Source - https://m3consultancy.nl/blog/5-
supply-chain-and-operations-trends-for-
2021
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• Re-shoring: going back to local
• Modern 2021 control towers: fully
automated, optimized re-planning
• Omnichannel: putting the customer
first
• Supply networks: it's all about
collaboration
• Growth in e-commerce: opportunity to
innovate
UNRELENTING NEED
FOR COVID-19
SANITIZATION
SUPPLIES, PPE
DEFINES Q4
SOURCING ACTIVITY
Source - https://www.thomasnet.com/insights/unrelenting-need-for-covid-19-sanitization-supplies-ppe-
defines-q4-sourcing-activity/?ecms_id=6173e186-e2ce-4e09-bb03-
fbda5462b2d4&ecms_short=ART4345&doc_type=ted_video_article&parent_id=1964ff22-2d51-48c5-a97e-
2f23e11457b5&utm_content=featuredvideo&linktype=image&channel=email&campaign_type=thomas_ind
ustry_update&campaign_name=tiu210111&utm_campaign=tiu210111&utm_medium=email&utm_source=t
homas_industry_update&tinid=221763045
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GOODS TO MARKET / CANADA
• Canada trails countries like USA, Qatar, and Australia in LNG
exports.
• Canada has yet to develop lithium mining and refining. China still
controls the Lithium market.
• Canada is moving towards hydrogen production. The problem will
be building the infrastructure to support the production and
movement of hydrogen to the end-market.
• Canada forestry practices are some of the bests in the world.
More needs to be done to mitigate forests against climate change.
• Canada GDP per capita is 24th. Canada trails countries like USA,
Australia, and Qatar in terms of GDP per capita
• Canada natural resources sector is struggling through excessive
regulations and taxes.
• Canada farmers are very concern with potential new laws that
would curb fertilizer
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HOW TO BUILD VIBRANT CIRCULAR ECONOMY
35
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
RETAIL SECTOR
36
Summary:
Canadian retail sales rose 1.1% in June, easily beating forecasts, on pricier gasoline and higher sales at car
dealerships, Statistics Canada data showed on Friday, but sales were seen falling in July.
Analysts surveyed by Reuters had expected retail sales to rise 0.3% in July. Statscan, in a preliminary estimate, said
it sees July retail sales falling 0.2%.
Much of that July decline likely comes down to lower gasoline prices, but also signals rising consumer fatigue and
a cooling of demand following a series of Bank of Canada interest rate hikes, economists said.
Source: https://ca.finance.yahoo.com/news/canadian-retail-sales-unexpectedly-strong-132645335.html and
https://www.slideshare.net/paulyoungcga/retail-sales-and-consumer-soending-canada-june-2022pptx
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• Do you feel the same way with NR projects facing
similar disruption? https://energi.media/markham-on-
energy/pulling-back-the-curtain-on-tides-canada/ or
Trudeau Fondation -
https://securingdemocracy.gmfus.org/incident/senior-
ccp-member-makes-substantial-donation-to-the-
pierre-trudeau-foundation/ or
https://www.cbc.ca/news/canada/calgary/anti-
pipeline-american-funding-protest-conspiracy-
theory-1.4987202
https://www.slideshare.net/paulyoungcga/what-is-
next-for-canada-mining-and-energy-sectors-natural-
resources
PROTESTS
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• Rail Blockades -
https://www.ctvnews.ca/canada/rail-blockades-
expand-snarl-southern-ontario-transit-1.4826454
• Oil - https://www.sustainability-times.com/low-
carbon-energy/after-a-decade-of-protests-keystone-
xl-pipeline-project-ends/
• Kinder Morgan - https://www.aptnnews.ca/national-
news/look-kinder-morgan-protests-arrests-followed/
• LNG -
https://www.cgai.ca/first_nations_lng_canada_and_
the_politics_of_anti_pipeline_protests
• Tent Cities -
https://www.theglobeandmail.com/canada/british-
columbia/article-the-dissenting-camp-why-canadas-
tent-cities-keep-coming-back/
• Rail - https://globalnews.ca/news/6615369/trudeau-
rail-blockade-patience/
OTHER PROTESTS
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RAIL SHIPMENTS
Canadian railways carried 32.1 million tonnes of freight in May, up 8.7% from
May 2021 levels and ending the string of eight straight year-over-year monthly decreases in
tonnage. Higher shipments of iron ores and some energy products more than offset a
continued slide in agricultural and food products.
The overall traffic volume was also the highest level for May since 2019, before the COVID-
19 pandemic, and it exceeded the five-year average of 31.3 million tonnes for the month.
https://www150.statcan.gc.ca/n1/daily-quotidien/220722/dq220722c-eng.htm and
https://www.slideshare.net/paulyoungcga/canada-rail-transportation-safety-and-shipments-may-
2022pptx
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LACK OF NATURAL
RESOURCES STRATEGY
FOR CANADA
All levels of government, private sector, and Indigenous band
councils need to work together to better develop Canada’s
natural resource in a sustainable way. All Canadians could
benefit by higher revenue from the natural resources sector.
Canada mining practices are some of the bests in the world!
https://www.slideshare.net/paulyoungcga/natural-resources-
canada-whats-next-march-2022pptx
PORT
VOLUME /
CANADA
Source -
https://canadiansailings.ca/record-
performances-highlight-generally-
positive-2017-for-canadian-ports/ or
https://www.tc.gc.ca/eng/policy/transpo
rtation-canada-2017.html#toc1-3 or
https://www.joc.com/maritime-
news/strong-canadian-growth-forecast-
after-laden-import-surge-
2017_20180227.html
SUMMARY
• China is no longer an emerging market -
https://www2.slideshare.net/paulyoungcga/china-path-to-
global-domination-239279410
• Global Economy -
https://www2.slideshare.net/paulyoungcga/global-economy-
outlook-december-2020
• Refocusing of governments of on the goods producing sector -
https://www.slideshare.net/paulyoungcga/how-do-you-
address-and-fix-income-inequality
• Embracing technology as part of supporting GDP growth -
https://www.slideshare.net/paulyoungcga/technology-whats-
next-for-canada
• Fair trade deals -
https://www.slideshare.net/paulyoungcga/what-is-next-for-for-
global-trade-protectionism
• Global Economy -
https://www.slideshare.net/paulyoungcga/global-economy-
whats-next
• What’s next for the USA -
https://www2.slideshare.net/paulyoungcga/whats-next-for-
the-united-states-november-2020
• Clean Technology –
https://www2.slideshare.net/paulyoungcga/climate-change-
clean-technology-what-is-next
• Circular Economy -
https://www2.slideshare.net/paulyoungcga/how-to-
maximized-the-circular-economy
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Blog – How to build a Resilient Supply Chain – Canada – October 2022
In 2015 is when Justin Trudeau that Canada should be know for its resourcefulness -
https://www.cbc.ca/news/politics/trudeau-davos-future-look-economy-harper-1.3412182.
Canada natural resources would have been a global leader in areas like Lithium, Nickel, Cobalt, oil, LNG,
etc., if Trudeau had focus on the goods-producing sector with balance policies that would protect the
environment as well develop natural resources in a sustainable way. Canada could have learned a lesson
or two from Australia - https://financialpost.com/diane-francis/diane-francis-canada-need-only-look-to-
australia-to-see-how-badly-liberals-have-messed-up
Canada should be a world leader in the development on LNG but the Liberals chose excessive
regulations and taxes that have caused issues with FDI for LNG -
https://financialpost.com/commodities/energy/oil-gas/lng-canada-second-chance-global-lng-leader-
takes-shape. Harper provided policies that would have developed Canada into a LNG giant, but Trudeau
decided that was not going to be his focus area -
https://financialpost.com/commodities/energy/canada-to-reduce-taxes-for-lng-projects-stephen-
harper-says
Railroads have complained about capacity issues to federal government -
https://financialpost.com/transportation/rail/a-burning-alberta-bridge-stalls-grain-shipments-showing-
the-fragility-of-canadas-supply-chains
Liberals did little to expand ports. Thunder Bay could have been a major transportation hub like other
ports including Sydney, NS or Sault Ste. Marie or Churchill, MB -
https://financialpost.com/transportation/rail/a-burning-alberta-bridge-stalls-grain-shipments-showing-
the-fragility-of-canadas-supply-chains
I have been saying for many years that the federal government was not doing enough to build a resilient
supply chain including reshoring of manufacturing jobs, development of natural resources in a
sustainable way, support farmers in terms expert/vertical farming while helping to keep a lid on input
costs
Trudeau ran on 2015 on making things better for Canadians. It is now seven years later, and Trudeau
policies have been nothing but a failure! - https://www.slideshare.net/paulyoungcga/justin-trudeau-era-
of-canada-october-2015-to-august-2022pptx
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
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policies

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How best to Build a Reslient Supply Chain - October 2022.pptx

  • 1. HOW BEST TO RE-SHORE SUPPLY CHAIN AND BUILD RESILIENT SUPPLY CHAIN Paul Young CPA, CGA October 8, 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. KEY PRODUCTS • 2021-2022 Budget / Canada • Key Stats • Movement of Goods • Innovation • Medical Supplies • Pharmaceuticals • Strategic Metals • Oil • Natural Gas • Food Processing • China / Supply Chain • Technological Disruption • Summary • Manufacturing • Protests • Training/Development Add a Footer 3
  • 4. 2022-2023 CANADA BUDGET (FEDERAL) Add a Footer 4 Little in this budget will do anything to address high inflation, affordable housing, improving productivity, advancing innovation, and other areas of policy! https://www.slideshare.net/paulyoungcga/budget- 2022-path-forward-for-canada-pptx
  • 5. RISKS AND THREATS TO SUPPLY CHAIN • Climate Change mitigation/container Shipshttps://news.mongabay.com/2021 /03/new-age-of-sail-looks-to-slash- massive-maritime-carbon-emissions/ • Top 10 risks to Supply Chain - https://supplychaingamechanger.com/t op-10-global-supply-chain-risks/ • Access to canal systems • Suez / block - https://www.scmp.com/comment/opinion /article/3127033/suez-canal-blockage- shows-vulnerability-worlds-trade-choke- points • Panama Canal - https://www.supplychaindigital.com/logisti cs-1/what-panama-canals-expansion- means-eastern-ports Add a Footer 5
  • 14. NATURAL RESOURCES (LOSS OPPORTUNITIES) Add a Footer 14
  • 15. MOVEMENT OF GOODS Source - https://www.nextbigfuture.com/2021/03/economic-boom- from-faster-and-cheaper-movement-of- goods.html?utm_source=feedburner&utm_medium=feed&utm_cam paign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29 Add a Footer 15
  • 16. INNOVATION Add a Footer 16 Canada like many countries must find better ways to support taking ideas from incubation to market. Here other areas:  There should be no clusters. All Universities and Colleges should receive grants base on # of students (F/T and P/T)  Training Credits  Refining stock market capitalization  Streamlining of taxes and regulations.  Tax code changes in areas like CCA and R&D My work: - https://www.slideshare.net/paulyoungcga/path-to- innovation-for-canada-244663371
  • 17. MEDICAL SUPPLIES Source - https://www.prnewswire.com/in/news- releases/medical-supplies-market-size-is- projected-to-reach-usd-160-6-billion-by-2025- growing-at-a-cagr-of-7-2-valuates-reports- 873469099.html Add a Footer 17 Next steps • The procurement cycle needs to be coordinated between provincial and states related medical supplies - https://thehill.com/opinion/international/490963-a- defining-moment-in-our-medical-supply-chain-crisis • All levels of government need to set up strategic supplies of key medical equipment. Yearly audits should be done to ensure the supply meets future demand as well as dealing with any expiration dates. • Hospital funding will need to be adjusted to respect higher costs related to sourcing medical supplies locally.
  • 18. PHARMACEUTICALS Source https://www.globenewswire.com/news- release/2020/01/17/1972092/0/en/Global- Pharmaceuticals-Industry-Analysis-and-Trends- 2023.html - Add a Footer 18 Next steps • Private and Public drug plans need to be re-evaluated as part changes to pharmacare - https://www.slideshare.net/paulyoungcga/can-canada-be- successful-at-pharmacare • Review of patent protection laws for drugs - https://www.canada.ca/en/health- canada/news/2019/08/government-of-canada-announces- changes-to-lower-drug-prices-and-lay-the-foundation-for- national-pharmacare.html • Review of regulations, tax policies, etc. related to R&D as part of supporting the pharmaceutical sector
  • 19. STRATEGIC METALS – RARE METALS Rare Metals - https://investingnews.com/daily/resource- investing/critical-metals-investing/rare-earth- investing/rare-earth-reserves-country/ Add a Footer 19 • Re-thinking the supply chain for clean technology including alternative products that are less dependent on rare earths • Encouraging manufacturers of cell phones and other products to move to other jurisdictions • India / Apple - https://appleinsider.com/articles/20/05/18/apple- moves-to-de-risk-china-production-keep-iphone-se- price-low • Re-visiting power generation with more focus on other sources like molten salt, hydro, nuclear, natural gas - https://www.slideshare.net/paulyoungcga/electricity- generation-co2-and-environmental-impact-whats-next • China dominates the world in terms of rare metals • The world needs to look at other sources for rare metals including development new sources - https://business.financialpost.com/commodities/mining/ you-dont-control-your-destiny-why-canadas-rare-earth- deposits-are-staying-in-the-ground • Key is development of these remote mines in economic and sustainable manner
  • 20. STRATEGIC METALS - LITHIUM Source - https://www.statista.com/statistics/2 68790/countries-with-the-largest- lithium-reserves-worldwide/ Add a Footer 20 • Supporting development and manufacturing of lithium batteries locally - https://smallcaps.com.au/novonix- discovers-breakthrough-method-low-cost-synthesis- lithium-ion-battery-materials/ • More balance when it comes to electrical cars vs gas power - https://www.slideshare.net/paulyoungcga/ev- electrical-vehicles-all-you-need-to-know • How best to support the building of 5G networks • https://www.northernminer.com/subscribe- login/?id=1003812039 • Support local mining and smelting operations - https://electricautonomy.ca/2020/05/05/ontario-cobalt- refiner-eyes-breakthrough-ev-supply-chain-role/ • Key reserves for lithium are in Latin America • Stronger trade and investment ties to Central America
  • 21. LITHIUM AND CHINA China is having companies de-listed from USA Stock Exchanges due to audit and reporting issues. China is looking at other exchanges to expand their market presence with critical metals https://www.canadianmanufacturing.com/manufacturing/f ederal-government-says-there-is-no-security-issue-in- chinese-takeover-of-lithium-company-277957/ SEC / USA PCAOB has not been able to inspect audits of Chinese firms listed on the US stock exchanges Add a Footer 21 SEC finalizes rules that may delist China-based companies Davis Polk.pdf
  • 22. STRATEGIC METALS - VANADIUM Source - https://investingnews.com/daily/resource- investing/battery-metals-investing/vanadium- investing/vanadium-reserves/ Add a Footer 22 • Bulk of vanadium is controlled by Russia and China • Strategic purchases of assets/mines https://www.northernminer.com/fast-news/u-s- vanadium-acquires-russian-owned-vanadium-facility- in-arkansas/1003810596/ • Streamlining the regulator process for mines - https://investingnews.com/company- profiles/vanadium-one-iron-tsxv-vone-ore-vanadium- mineral-exploration-canada/ • Look at ways to support local battery producers - https://www.greentechmedia.com/articles/read/flow- batteries-struggle-in-2019-as-lithium-ion-marches-on
  • 23. OIL SECTOR • Oil still plays a vital role as plastics are required for medical supplies, vehicles, etc. • Oil needs to be treated with respect • Oil needs to be identified as a strategic resources • Oil needs to get to international markets (Canada and USA) • Pipeline construction needs to be prioritized including streamlining the approval process (analytics/modeling, committee hearing, etc.) • Energy hubs should be established as part of exporting oil to international markets • Made in country solutions as it relates to petrochemical production. Add a Footer 23 Source - https://www.slideshare.net/paulyoungcga/oil-and-gas-sector-whats-happening-outlook- 2020-and-beyond
  • 24. NATURAL GAS Source - https://www.slideshare.net/paulyoun gcga/liquefied-natural-gas-canada- what-is-next Add a Footer 24 • Natural gas power plants are growing importance - https://www.eia.gov/todayinenergy/detail.php?id=4 2497 • Streaming the regulator process for LNG plants • Countries like USA and Canada should identify natural gas as strategic assets as part of promoting LNG development/commercialization
  • 25. HYDROGEN Add a Footer 25 Summary Hydrogen is becoming a preferred option as part of moving away from fossil fuels. Renewal projects such as solar and wind farms are now looking at producing hydrogen, There are still challenges including the movement of hydrogen to export markets and fueling stations/power plant. Safety issues are very key! Local fire departments/services will need proper training and equipment to fight hydrogen fires. The capital spending requires to develop hydrogen is well over $500B. Oil and Natural Gas companies are looking at ways to produce green hydrogen as part of the electrolysis process. https://www.slideshare.net/paulyoungcga/th e-future-of-hydrogen-august-2022pptx
  • 26. FOOD PROCESSING Source - https://www.slideshare.net/paulyoungcga/agriculture-and- farming-sector-whats-next Add a Footer 26 • Food processing needs to be treated as strategic asset • More supports to farmers (tax fairness, labor reforms, etc. • More emphasis on distribution channels (i.e. ports, rails, etc.) • More balance trade between countries • WTO needs to reform as part fixing issues with protectionism - https://www.slideshare.net/paulyoungcga/2019- election-global-trade-barriers-and-protection- wto-canada-september-2019
  • 27. OVERALL MANUFACTURING • Following a 1.1% decline in May, manufacturing sales fell 0.8% to $71.8 billion in June, on lower sales in 8 of 21 industries, led by the petroleum and coal product (-7.8%), wood product (-7.2%) and aerospace product and parts (-16.8%) industries. Meanwhile, sales of motor vehicles (+13.8%) and chemical products (+6.0%) increased the most. https://www.slideshare.net/paulyoungcga/manufacturing-sector-canada-june-2022pptx More needs to be done to address competitiveness as it relates to manufacturing as part encourage FDI • Eliminating the carbon tax • Revisiting CCA • Streamlining regulations • Tax reforms • Revamping grants systems (Role of government is not to pick and choose the winners and losers) • Access to new markets (Fair trade and investment deals) • Adoption of advance technology - https://www.slideshare.net/paulyoungcga/3d- printing-what-is-next-april-2021 Add a Footer 27
  • 28. MANUFACTURING – PATH FORWARD Over the same 20 years that manufacturing jobs have declined, manufacturing capabilities have advanced at an impressive rate. With the addition of technological improvements and automated systems, manufacturers can do more than ever. These advancements have also changed what manufacturing jobs look like. While we continue to see a worker shortage in the manufacturing industry, the industry itself is growing. New jobs are opening every day because companies are increasing their output. Some of the biggest misconceptions regarding manufacturing jobs are the work is dirty, the day-to-day role is repetitive, and automation is obsoleting the need for manual roles. Despite an increase in automated systems, people are still a critical component of the manufacturing process. Automation allows manufacturers to increase their output, but it also provides increased opportunities for team members. Every manufacturing environment thrives off continuous improvement and creativity. As automation and technology continue to play larger roles in the manufacturing process, they present team members with countless opportunities to learn exciting new skills and to evaluate processes to make systemwide improvements. When companies provide on-the-job training to help grow skill sets, it helps propel team member career paths forward. https://www.industryweek.com/industry-events/manufacturing- day/article/21178940/manufacturing-the-backbone-of- america?utm_source=IY%20IW%20Daily%20Headlines%20- %20Morning&utm_medium=email&utm_campaign=CPS211019052&o_eid=7 930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489J2B&oly_e nc_id=7930I4506489J2B Summary: Manufacturing changed over the past 20 years due to many factors like globalization, product rationalization, economy of scale, etc. Manufacturing can play a key role as part of building a resilient supply chain, but it will require all levels of government address their various policies in areas like productivity or taxation and regulatory reforms or skills gaps or access to raw materials or reducing supply chain disruption or other areas of policy. Here is my work: https://www.slideshare.net/paulyoungcga/usa-manufacturing- august-2021-and-july-2021 Add a Footer 28
  • 29. USA AND SOURCING Source - https://www.mhlnews.com/global-supply-chain/article/21137578/manufacturers-are- shifting-supply-chains Add a Footer 29 • Big winner could be Mexico due to USMCA • All levels of government in USA and Canada need to work together on economic development strategy - https://www.brookings.edu/research/reshoring-advanced- manufacturing-supply-chains-to-generate-good-jobs/ • Re-shoring will not completely abandon China - https://mitsloan.mit.edu/ideas-made-to-matter/reshoring- restructuring-and-future-supply-chains
  • 30. CHINA AND SUPPLY CHAIN U.S. companies trying to sustain business in China. Companies are increasingly likely to map out a multiyear strategy for developing products geared toward the Chinese market, based on the company’s competitive advantage over local alternatives, and what is considered “good enough” in the target segment. One option is to partner with a local business in China to gain access to the market with a mandate requiring purchases from indigenous companies. For example, Hewlett-Packard Enterprise has a successful partnership with H3C that opens the Chinese enterprise IT market for HPE. In addition, U.S. companies might look to acquire assets or build new business models in segments where China or the Eastern Bloc has a strength that the U.S. lacks, such as 5G equipment. Another key decision: Many companies are considering a “China-plus-one” supply chain model to reduce dependence on Chinese suppliers, add redundancy and increase resilience. https://www.industryweek.com/the-economy/public- policy/article/21147345/preparing-for-uschina- decoupling?utm_source=IY+IW+Daily+Headlines+- +Morning&utm_medium=email&utm_campaign=CPS201106066&o_eid=7930I4 506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489J2B&oly_enc_id=7 930I4506489J2B Governments and businesses face crisis all the time. The key is how businesses and government make changes including how they mitigate risks with their various supply chains - https://www2.slideshare.net/paulyoungcga/how-to- implement-crisis-management-using-data-and-ai Add a Footer 30
  • 31. TECHNOLOGY DISRUPTION Ark Invest has a report on Bad Ideas for investing during the 2020s. Ark Invest manages invest ETFs of about $20 billion. ARK’s Invest believes in Autonomous Technology and Robotics, Next Generation Internet, Genomic Revolution, Fintech Innovation, 3D Printing, Israel Innovative Technology, and the overall Disruptive Innovation. Areas of concerns: 1. Tax policy changes including fuel taxes, licensing, and tolls as part of looking how best to support infrastructure - https://www2.slideshare.net/paulyoungcga/canada-infrastructure-analysis-of- policy-238326543 2. More policy changes as it relates to the circular economy - https://www2.slideshare.net/paulyoungcga/how-to-best-support-a-circular- economy 3. Rethinking how best to support clean technology for the transportation sector - https://www2.slideshare.net/paulyoungcga/ev-electrical-and-hybrid-vehicles- analysis-and-commentary-november-4-2020 4. Combustible fuels are still needed as part of the power generation - https://www2.slideshare.net/paulyoungcga/report-electricity-analysis-canada- and-the-world 5. eCommerce model still needs work in terms how best to support your customers - https://www2.slideshare.net/paulyoungcga/retail-sales-analysis-australia or https://www2.slideshare.net/paulyoungcga/retail-sales-canada-august-2020 or https://www2.slideshare.net/paulyoungcga/retail-sector-united-states- september-2020 6. New transportation equipment will require steel, plastics, metals, lithium, etc. There is a global demand for metals - https://www.canadianmanufacturing.com/manufacturing/mining-metals- needed-for-electrification-faces-low-price-obstacle-263430/ a. Countries around the globe need to reform their mining practices - https://www2.slideshare.net/paulyoungcga/natural-resources-canada-how- best-to-get-goods-to-market Add a Footer 31
  • 32. TOP 5 RESHORING TRENDS FOR 2021 Source - https://m3consultancy.nl/blog/5- supply-chain-and-operations-trends-for- 2021 Add a Footer 32 • Re-shoring: going back to local • Modern 2021 control towers: fully automated, optimized re-planning • Omnichannel: putting the customer first • Supply networks: it's all about collaboration • Growth in e-commerce: opportunity to innovate
  • 33. UNRELENTING NEED FOR COVID-19 SANITIZATION SUPPLIES, PPE DEFINES Q4 SOURCING ACTIVITY Source - https://www.thomasnet.com/insights/unrelenting-need-for-covid-19-sanitization-supplies-ppe- defines-q4-sourcing-activity/?ecms_id=6173e186-e2ce-4e09-bb03- fbda5462b2d4&ecms_short=ART4345&doc_type=ted_video_article&parent_id=1964ff22-2d51-48c5-a97e- 2f23e11457b5&utm_content=featuredvideo&linktype=image&channel=email&campaign_type=thomas_ind ustry_update&campaign_name=tiu210111&utm_campaign=tiu210111&utm_medium=email&utm_source=t homas_industry_update&tinid=221763045 Add a Footer 33
  • 34. GOODS TO MARKET / CANADA • Canada trails countries like USA, Qatar, and Australia in LNG exports. • Canada has yet to develop lithium mining and refining. China still controls the Lithium market. • Canada is moving towards hydrogen production. The problem will be building the infrastructure to support the production and movement of hydrogen to the end-market. • Canada forestry practices are some of the bests in the world. More needs to be done to mitigate forests against climate change. • Canada GDP per capita is 24th. Canada trails countries like USA, Australia, and Qatar in terms of GDP per capita • Canada natural resources sector is struggling through excessive regulations and taxes. • Canada farmers are very concern with potential new laws that would curb fertilizer Add a Footer
  • 35. HOW TO BUILD VIBRANT CIRCULAR ECONOMY 35 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
  • 36. RETAIL SECTOR 36 Summary: Canadian retail sales rose 1.1% in June, easily beating forecasts, on pricier gasoline and higher sales at car dealerships, Statistics Canada data showed on Friday, but sales were seen falling in July. Analysts surveyed by Reuters had expected retail sales to rise 0.3% in July. Statscan, in a preliminary estimate, said it sees July retail sales falling 0.2%. Much of that July decline likely comes down to lower gasoline prices, but also signals rising consumer fatigue and a cooling of demand following a series of Bank of Canada interest rate hikes, economists said. Source: https://ca.finance.yahoo.com/news/canadian-retail-sales-unexpectedly-strong-132645335.html and https://www.slideshare.net/paulyoungcga/retail-sales-and-consumer-soending-canada-june-2022pptx
  • 37. Add a Footer 37 • Do you feel the same way with NR projects facing similar disruption? https://energi.media/markham-on- energy/pulling-back-the-curtain-on-tides-canada/ or Trudeau Fondation - https://securingdemocracy.gmfus.org/incident/senior- ccp-member-makes-substantial-donation-to-the- pierre-trudeau-foundation/ or https://www.cbc.ca/news/canada/calgary/anti- pipeline-american-funding-protest-conspiracy- theory-1.4987202 https://www.slideshare.net/paulyoungcga/what-is- next-for-canada-mining-and-energy-sectors-natural- resources PROTESTS
  • 38. Add a Footer 38 • Rail Blockades - https://www.ctvnews.ca/canada/rail-blockades- expand-snarl-southern-ontario-transit-1.4826454 • Oil - https://www.sustainability-times.com/low- carbon-energy/after-a-decade-of-protests-keystone- xl-pipeline-project-ends/ • Kinder Morgan - https://www.aptnnews.ca/national- news/look-kinder-morgan-protests-arrests-followed/ • LNG - https://www.cgai.ca/first_nations_lng_canada_and_ the_politics_of_anti_pipeline_protests • Tent Cities - https://www.theglobeandmail.com/canada/british- columbia/article-the-dissenting-camp-why-canadas- tent-cities-keep-coming-back/ • Rail - https://globalnews.ca/news/6615369/trudeau- rail-blockade-patience/ OTHER PROTESTS
  • 39. Add a Footer 39 RAIL SHIPMENTS Canadian railways carried 32.1 million tonnes of freight in May, up 8.7% from May 2021 levels and ending the string of eight straight year-over-year monthly decreases in tonnage. Higher shipments of iron ores and some energy products more than offset a continued slide in agricultural and food products. The overall traffic volume was also the highest level for May since 2019, before the COVID- 19 pandemic, and it exceeded the five-year average of 31.3 million tonnes for the month. https://www150.statcan.gc.ca/n1/daily-quotidien/220722/dq220722c-eng.htm and https://www.slideshare.net/paulyoungcga/canada-rail-transportation-safety-and-shipments-may- 2022pptx
  • 40. Add a Footer 40 LACK OF NATURAL RESOURCES STRATEGY FOR CANADA All levels of government, private sector, and Indigenous band councils need to work together to better develop Canada’s natural resource in a sustainable way. All Canadians could benefit by higher revenue from the natural resources sector. Canada mining practices are some of the bests in the world! https://www.slideshare.net/paulyoungcga/natural-resources- canada-whats-next-march-2022pptx
  • 41. PORT VOLUME / CANADA Source - https://canadiansailings.ca/record- performances-highlight-generally- positive-2017-for-canadian-ports/ or https://www.tc.gc.ca/eng/policy/transpo rtation-canada-2017.html#toc1-3 or https://www.joc.com/maritime- news/strong-canadian-growth-forecast- after-laden-import-surge- 2017_20180227.html
  • 42. SUMMARY • China is no longer an emerging market - https://www2.slideshare.net/paulyoungcga/china-path-to- global-domination-239279410 • Global Economy - https://www2.slideshare.net/paulyoungcga/global-economy- outlook-december-2020 • Refocusing of governments of on the goods producing sector - https://www.slideshare.net/paulyoungcga/how-do-you- address-and-fix-income-inequality • Embracing technology as part of supporting GDP growth - https://www.slideshare.net/paulyoungcga/technology-whats- next-for-canada • Fair trade deals - https://www.slideshare.net/paulyoungcga/what-is-next-for-for- global-trade-protectionism • Global Economy - https://www.slideshare.net/paulyoungcga/global-economy- whats-next • What’s next for the USA - https://www2.slideshare.net/paulyoungcga/whats-next-for- the-united-states-november-2020 • Clean Technology – https://www2.slideshare.net/paulyoungcga/climate-change- clean-technology-what-is-next • Circular Economy - https://www2.slideshare.net/paulyoungcga/how-to- maximized-the-circular-economy Add a Footer 42 Blog – How to build a Resilient Supply Chain – Canada – October 2022 In 2015 is when Justin Trudeau that Canada should be know for its resourcefulness - https://www.cbc.ca/news/politics/trudeau-davos-future-look-economy-harper-1.3412182. Canada natural resources would have been a global leader in areas like Lithium, Nickel, Cobalt, oil, LNG, etc., if Trudeau had focus on the goods-producing sector with balance policies that would protect the environment as well develop natural resources in a sustainable way. Canada could have learned a lesson or two from Australia - https://financialpost.com/diane-francis/diane-francis-canada-need-only-look-to- australia-to-see-how-badly-liberals-have-messed-up Canada should be a world leader in the development on LNG but the Liberals chose excessive regulations and taxes that have caused issues with FDI for LNG - https://financialpost.com/commodities/energy/oil-gas/lng-canada-second-chance-global-lng-leader- takes-shape. Harper provided policies that would have developed Canada into a LNG giant, but Trudeau decided that was not going to be his focus area - https://financialpost.com/commodities/energy/canada-to-reduce-taxes-for-lng-projects-stephen- harper-says Railroads have complained about capacity issues to federal government - https://financialpost.com/transportation/rail/a-burning-alberta-bridge-stalls-grain-shipments-showing- the-fragility-of-canadas-supply-chains Liberals did little to expand ports. Thunder Bay could have been a major transportation hub like other ports including Sydney, NS or Sault Ste. Marie or Churchill, MB - https://financialpost.com/transportation/rail/a-burning-alberta-bridge-stalls-grain-shipments-showing- the-fragility-of-canadas-supply-chains I have been saying for many years that the federal government was not doing enough to build a resilient supply chain including reshoring of manufacturing jobs, development of natural resources in a sustainable way, support farmers in terms expert/vertical farming while helping to keep a lid on input costs Trudeau ran on 2015 on making things better for Canadians. It is now seven years later, and Trudeau policies have been nothing but a failure! - https://www.slideshare.net/paulyoungcga/justin-trudeau-era- of-canada-october-2015-to-august-2022pptx
  • 43. 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

Editor's Notes

  1. https://www.greentechmedia.com/articles/read/10-countries-moving-towards-a-green-hydrogen-economy or https://wits.worldbank.org/trade/comtrade/en/country/ALL/year/2019/tradeflow/Exports/partner/WLD/product/280410
  2. https://www.ceicdata.com/en/indicator/canada/container-port-throughput