Inflation rate was 1% in October 2015 when Justin Trudeau took office. The inflation rate rose to 2.2% in Feb/20 that was on par with BOC inflation target. Inflation rose to 4% in September 2021. September. There were major issues with supply chain. July 2022 seen a dropped in inflation, but that was minor drop as fuel and food costs continue to be very high Justin Trudeau continues to talk about making things more affordable and then introduces the fuel added tax (June 2022 - https://www.osler.com/en/resources/regulations/2022/canada-s-new-clean-fuel-standard-obligations-for-liquid-fuel-suppliers-and-opportunities-for-low-c) and carbon taxation with escalation (https://www.canada.ca/en/environment-climate-change/services/climate-change/pricing-pollution-how-it-will-work.html. Trudeau has decided against eliminating new fuel taxes. Trudeau continues to say Canadians via the climate tax credit are getting more back. The PBO debunk that statements early in 2022 - https://nationalpost.com/news/politics/there-is-going-to-be-a-cost-federal-carbon-pricing-to-generate-net-loss-for-households-pbo-finds The reality is Justin Trudeau policies have made inflation worse. Trudeau was warned about inflation months ago but chose to brush it off. The BNS call out the latest spending plan on inflation more about putting gasoline on a fire. Trudeau was elected in 2015 is when he inherited an economy growing on average at 2.3%. Trudeau decided that his focus was going to be on a progressive agenda. The problem is Trudeau has never balanced a budget despite higher revenues. Trudeau policies did little to address either the government delivery model or make Canada more competitive - https://www.slideshare.net/paulyoungcga/fiscal-and-economic-scorecard-canada-june-2022-and-july-2022pptx

1. HOW TO
REDUCE THE
INFLATION
RATE IN
CANADA
Presenter Name: Paul Young
CPA CGA
Date: September 14, 2022

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• 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: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga

3. AGENDA
• Gasoline Prices
• Gasoline Prices by Ontario Election Mandate
• Commodity Prices
• Ontario Cap and Trade
• Energy Poverty
• Failure of the Green Act
• Circular and Green Economy
• Emissions / Climate Change
• McGuinty and Taxes
• Key Cost Drivers
• LNG
• Natural Resources Sector
• Agricultural Sector
• Competitiveness
• Housing
• Small Business Sector
• Manufacturing
PRESENTATION TITLE 2/11/20XX 3

4. GASOLINE PRICES
PRESENTATION TITLE 2/11/20XX 4

5. KEY CITIES BY ONTARIO ELECTION
MANDATE
PRESENTATION TITLE 2/11/20XX 5

6. COMMODITY PRICES
PRESENTATION TITLE 2/11/20XX 6

7. ONTARIO CAP AND TRADE
PRESENTATION TITLE 2/11/20XX 7
Source - https://globalnews.ca/news/3097838/cap-and-trade-to-cost-people-business-8b-in-
first-years-auditor/

8. ENERGY POVERTY
PRESENTATION TITLE 2/11/20XX 8
https://www.slideshare.net/paulyoungcga/ndp-promises-and-realities-ontario-2018-election-20182205
Horwath will promise people the world to get elected. The bottom line is NDP promises are too rich to what
Ontario can afford. Ontario must restructure its government as well as introduced policies that will support
economic growth. The last time NDP was in power in the 1990s both jobs and investment went south due to
NDP’s policies. Canada has tripled its wind, solar, etc. since 2011. There are parts of Canada that have very high
energy costs that have led to energy poverty
It is amazing how @AndreaHorwath all but ignores energy poverty, right?
https://www.summitt.ca/higher-energy-prices-fueling-energy-poverty-in-canada
I see no solution from the NDP

9. FAILURE OF THE GREEN
ACT
PRESENTATION TITLE 2/11/20XX 9
1. FIT – Failures - http://business.financialpost.com/opinion/boondoggle-how-ontarios-pursuit-of-renewable-energy-
broke-the-provinces-electricity-system and https://www.slideshare.net/paulyoungcga/ontarios-failed-green-agenda-
october-2019
2. Electrical Car Failures - https://www.cbc.ca/news/canada/toronto/ontario-cuts-off-rebates-for-electric-vehicles-
costing-more-than-75k-1.4571548 - This never bumped car sales
3. Smart Meter - http://www.cbc.ca/news/canada/toronto/smart-meters-hydro-bills-ontario-time-of-use-pricing-
1.3862462
4. http://torontosun.com/2017/09/05/ontario-energy-efficiency-programs-wont-work/wcm/6ae78550-0289-413c-a56e-
e7abc6ef6e94 - Minimal savings
https://twitter.com/AndreaHorwath/status/1009238019226947587 or
https://www.canadianmanufacturing.com/regulation/ontario-green-renovation-rebates-funded-through-cap-and-trade-
system-cancelled-214926/

10. CIRCULAR AND GREEN ECONOMY
PRESENTATION TITLE 2/11/20XX 10
Summary:
Moving to zero-emissions will require a drastic improvement in energy storage and electrical vehicle range
Countries with sizeable size of critical metals have many geo-political issues
Investment in both plug-in stations will require billions of public and private sector funding
Wind and solar continue to be focus of power companies.
Green inflation is here to stay
Roof top fires are becoming a growing concern for fire services around the globe
All levels of governments need to stop subsidizing the green economy through direct grants and funding. The focus
should be on tax policy including the streamlining of regulations.
https://www.slideshare.net/paulyoungcga/mitigation-of-climate-change-green-and-circular-economy-april-
2022pptx

11. EMISSIONS AND CLIMATE CHANGE
PRESENTATION TITLE 2/11/20XX 11
https://policyoptions.irpp.org/magazines/february-2022/embracing-the-unknown-cost-of-climate-change/
Canada is a carbon sink! https://financialpost.com/diane-francis/diane-francis-canada-is-a-giant-carbon-sink-why-are-we-
not-getting-credit-for-it or https://policyoptions.irpp.org/magazines/june-2018/canadas-carbon-sinks-dont-mean-we-can-
ease-off-on-climate-policy/ or https://biv.com/article/2020/08/bc-carbon-tax-ineffective-ceri
My work: https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-november-2021 or
https://www.slideshare.net/paulyoungcga/how-the-public-and-private-sector-can-better-supoort-the-circular-and-green-
economies

12. MCGUINTY AND TAXES
PRESENTATION TITLE 2/11/20XX 12
@StevenDelDuca throughout this campaign has said little how he is different person than the one that served under
bad Wynne Governments.
https://www.slideshare.net/paulyoungcga/20221805del-duca-is-no-leader-2022-ontario-electiondocx
https://toronto.ctvnews.ca/mcguinty-vows-again-not-to-raise-ontario-taxes-1.255938 or the harmonized sales tax -
https://www.canada.ca/en/treasury-board-secretariat/services/reporting-government-spending/what-we-are-
doing/transition-harmonized-sales-tax-ontario-british-columbia-winding-down-provincial-sales-tax-ontario-british-
columbia.html

13. KEY COST DRIVERS
PRESENTATION TITLE 2/11/20XX 13

14. LNG LOSS ECONOMIC
OPPORTUNITY
Source - https://finance.yahoo.com/finance/news/top-lng-supplier-europe-warns-165557869.html
• Canada has no LNG export capacity. I estimate the federal government has loss about between 259M
and 500M per year in lost taxes and royalties.
• EMEA likely will move to cleaner sources of power before Canada can build any LNG projects.
Liberals drop the ball on making Canada an energy super power

15. NATURAL RESOURCES LOSS
OPPORTUNITY
• I estimate that Canada could be losing
between $10B to 16B per year on loss taxes at
the federal level due to inability of the Liberals
to develop Canada NR in a sustainable way

16. FOOD COSTS
PRESENTATION TITLE 2/11/20XX 16
Blog – Food and Drinking Places (Hospitality) – Canada – June 2022
https://www.slideshare.net/paulyoungcga/hospitality-and-food-
services-sector-june-2022pptx
- More and more food services sector companies are turning to
more automation
- Door Dash and other online applications continue to thrive as
more and more people are spending money on restaurant and
bar sector
Summary
Food costs will continue to be high
Food insecurity will continue to plague governments around the
world
Farm equipment sales are expected to be 4.6% through 2027
More and more governments are looking at vertical farming as a
possible solution for food supply and security issues
Expert farming through data and AI practices are helping to
improve crop yields and food production
https://www.slideshare.net/paulyoungcga/agriculture-
equipment-sector-analysis-and-commentary-farmingpptx-
252950492

17. COMPETITIVENESS
PRESENTATION TITLE 2/11/20XX 17
Canada continues to struggle with productivity.
Wages continue to rise.
Business automation spending continue to grow for both the private and public sectors
Carbon tax and high commodity prices are leading to a rise of raw material costs.
Canada GDP would be performing much better if all levels of government work together on policies that would support
FDI in the goods producing sector.
https://www.slideshare.net/paulyoungcga/how-to-address-competitiveness-for-canada-august-2022pptx

18. HOUSING
PRESENTATION TITLE 2/11/20XX 18
@MikeSchreiner it is obvious from my many tweets back at you that real facts do not matter to you. Can you lay out
your housing policies and how that will make housing more affordable?
https://www.slideshare.net/paulyoungcga/revised-inflation-analysis-canada-including-purchase-price-index-and-new-
home-price-indexpptx

19. SMALL BUSINESS
PRESENTATION TITLE 2/11/20XX 19
Blog – Small to medium-size business and Mary Ng
Why? So, Mary can find new ways to tax them!
https://www.slideshare.net/paulyoungcga/dawn-of-a-new-era-for-smallto-medium-size-public-and-private-sectors-
entities-250930548
BTW: Can you ask how Mary Ng’s ethical case is going? I would think there be a ruling by now, right?

20. MANUFACTURING
SECTOR
PRESENTATION TITLE 2/11/20XX 20
Summary:
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.
On a quarterly basis, sales rose 5.8% in the second quarter, the eighth consecutive quarterly gain
and the third largest gain in dollars on record. The petroleum and coal industry (+21.9%)
contributed the most to the increase, while the wood product industry (-6.3%) posted the largest
quarterly decline.
Sales in constant dollars edged up 0.1% in June, while the Industrial Product Price Index
declined 1.1% in that month. On a quarterly basis, constant dollars sales increased 1.3% in the
second quarter.
Source – https://www150.statcan.gc.ca/n1/daily-quotidien/220815/dq220815a-eng.htm
https://www.slideshare.net/paulyoungcga/manufacturing-sector-canada-june-2022pptx

21. SUMMARY
PRESENTATION TITLE 2/11/20XX 21
• All levels of government need to scrap fuel standard and carbon taxes
• All levels of government need to work together to streamline regulations related to goods-producing sector
• All levels of government need to focus on addressing issues related to productivity, innovation, skills gap,
and building a resilient supply chain
• Policies need to better support food production including expert and vertical farming
• Better land-use policies including how best to develop land for agriculture, commercial, industrial,
government, and residential
• Climate change policies should focus on the circular and green economy. Policies need to benefit
everyone and not companies chosen by partisan politics
• Emissions need to be measure by km2 and not by population. More focus needs to be on waste
management, forestry management, land management, water management, and sustainable mining
practices
• All levels of government need to address their delivery model including more value for money and
performance audits
• There needs to be audited emergency and risk management reports for all levels of government including
the private sector
• Changes to tax laws as part of better supporting manufacturing including advance manufacturing
• All levels of government need to perform a spending review
• More money for infrastructure including roads, bridges, ports, rail, etc. Building a resilient supply chain
should be a top priority
• Wage, pension, and benefit reforms by all level of government as part of cost management
Blog – Fixing the High Inflation Rate in Canada
Canada
Inflation rate was 1% in October 2015 when Justin Trudeau took office. The inflation rate rose to 2.2% in
Feb/20 that was on par with BOC inflation target.
Inflation rose to 4% in September 2021. September. There were major issues with supply chain.
July 2022 seen a dropped in inflation, but that was minor drop as fuel and food costs continue to be very
high