Canada's exports were up 2.9% in January, mainly on the strength of higher crude oil export prices. Imports
rose 1.5%, led by higher aircraft imports. As a result, Canada's merchandise trade deficit with the world narrowed
from $4.8 billion in December to $4.2 billion in January.
Stats Canada
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
5. Trade by Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190327/dq190327a-eng.htm
6. Trade by key Country
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190327/dq190327a-eng.htm
7. Issues
facing
Trade
Softwood Lumber dispute - https://www.columbiavalleypioneer.com/opinion/guest-column-john-horgan-
has-gone-missing-in-u-s-lumber-dispute/
Failure to get pipelines built - https://business.financialpost.com/commodities/energy/a-self-inflicted-wound-
pipeline-delays-to-cost-canadian-economy-15-6b-in-2018-says-scotiabank
Lack of Port Capacity - https://www.slideshare.net/paulyoungcga/canada-port-analysis-and-commentary-
supply-chain-management
Canola oil dispute with China - https://www.cbc.ca/news/business/canola-china-export-1.5043182
USCMA has not been ratified - https://business.financialpost.com/news/economy/not-ratifying-nafta-will-be-
a-catastrophe-u-s-trade-czar-says-as-u-s-works-to-lift-metals-tariffs
Canada has decline in terms of its competitiveness - https://www.slideshare.net/paulyoungcga/is-canada-
losing-its-business-competitiveness-february-2019
C69 / Anti-Resources legislation - https://torontosun.com/opinion/columnists/rickford-why-bill-c69-is-a-non-
starter-for-Ontario. Canada needs to be more competitive when it comes its’ regulatory process.
https://www.slideshare.net/paulyoungcga/natural-resources-sector-policy-analysis-canada-january-2019
8. What’s next?
• Parliament needs to ratified trade deals like
USMCA, TPP and other trade deals -
https://openparliament.ca/bills/42-1/C-
79/?page=3
• Government needs to stop their plans for
carbon taxation. Companies already pay
pollution taxes -
https://www.slideshare.net/paulyoungcga/the
-art-of-taxing-the-environment-pollution-tax
• Government needs to review its small
business tax and regulation policies -
https://www.slideshare.net/paulyoungcga/sm
all-business-under-attack-by-government-
canada
• Government needs to continue to push trade
with emerging markets like India, Africa, etc.