This analysis looks at the issues facing employment and wages in Canada. Canada has shown a resilient employment market over the past 10+ years with average job creation being 220,000+ per year. The problem is over the past 3.5 years the federal govt has gone the opposite way when it comes to supporting FDI as they have decided to focus solely on the environment.

1. JobQuality–
Canada–
Analysisand
Commentary
Paul Young CPA, CGA
December 29, 2018

2. TREYresearch
PaulYoung-Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

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Agenda
• Overall Analysis - Job Creation and
Wage Growth
• Brain Drain
• FDI / Canada
• Blog / Liberals (Career Management)
• Blog – Jobs / FDI
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Summary/JobCreation
Source – Stats Canada 4
• Harper and wage growth “Well, wait a second. Stop tape. Statistics Canada has just released “High-income
trends among Canadian tax filers,” its annual contribution to class warfare in Canada. Turns out things weren’t
as gloomy in 2015 as we all thought or as Justin Trudeau kept saying. From 2014 to 2015, StatsCan tells us, “The
real average income of all tax filers rose 2.6 per cent.” That was the largest yearly increase since 2005–06.
Stephen, we hardly knew ye!”- https://business.financialpost.com/opinion/william-watson-turns-out-the-harper-
government-was-actually-terrific-for-wage-growth
• Stephen Harper faced a global recession from 2008-2009 which Justin Trudeau has not faced -
https://www.slideshare.net/paulyoungcga/gdp-canada-the-real-truth
• Trudeau’s policies have done little to support manufacturing, mining, oil and gas and forestry sectors

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BrainDrain
• Small Business Tax changes – Start ups –” The head of one of Canada's best-known
tech darlings says Ottawa's proposed changes to small business taxes could hamper
innovation and prevent Canada from becoming a hotbed for technology giants.”
https://www.cbc.ca/news/business/hootsuite-tax-ryan-holmes-1.4287019
• More and more young talent is leaving Canada -
https://www.theglobeandmail.com/business/technology/article-canada-facing-brain-
drain-as-young-tech-talent-leaves-for-silicon/
• All levels of government are not doing enough to support economic development -
https://www.huffingtonpost.ca/2018/06/06/job-vacancies-canada-skills-
mismatch_a_23452551/
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CanadaBusinessCompetitiveness
• @Bill_Morneau
Just how are you going to make Canada more competitive? It is not your small business tax reforms or C69 or hikes
to CPP or carbon tax, right?
• https://www.slideshare.net/paulyoungcga/business-competitiveness-canada
https://www.cbc.ca/news/politics/morneau-trump-capital-tax-fall-economic-statement-
1.4908012?fbclid=IwAR1w4mRFpyr0w5slPTpYmndVW74_hMU1XjU6KNcSZPqZ5J0GxqQ-5WQvPhM
@ontarioisproud
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• FDI continues to leave Canada - https://biv.com/article/2018/11/canadas-foreign-investment-
challenges-far-fixed
• Government needs to look at ways to reform its taxation policies as well as look at ways to reduced
the regulatory burden to the private sector.

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Blog–Career
Management
• https://www.slideshare.net/paulyoun
gcga/career-outlook-2019-and-beyond
Here is the truth:
1. Trudeau's policies are leading to a
brain drain
2. Trudeau never had the balance right
between the economy and the
environment
3. Trudeau has done little to build
export capacity. For each $1B of
exports there are 5,500 jobs
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Jobs/FDI
• Alberta and Saskatchewan want issues facing the oil patch to be on the agenda when premiers meet with the
prime minister later this week.
• LNG project by Exxon Mobil has been cancelled
• Automotive sales are slowing down
• Housing starts are struggling in the latter part of 2018
Source - https://www.slideshare.net/paulyoungcga/gdp-canada-october-2018 or
https://www.canadianmanufacturing.com/exporting-and-importing/put-oil-crisis-on-first-ministers-agenda-alberta-
saskatchewan-premiers-223268/ or https://www.slideshare.net/paulyoungcga/gdp-canada-october-2018
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9. TREYresearch
Summary
• Government cannot either take full credit for a booming economy or be at fault for economy in recession.
• All levels of government need to focus on economic development. The so called incubation centers should be expanded to
include all colleges and universities
• The government should not be looking at ways to hike taxes, i.e. carbon taxation, small business tax reforms, CPP, etc.
• Immigration needs to be align skills gap.
• The goods sector is being impacted through bad govt policies. Liberals have made Canada less competitive since they took
office November 2015.
• There needs to be rural economic strategy to encourage more people to move to rural areas. The movement of people will
also help solved issues with housing, especially affordability
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