2. Paul Young - 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
3. Agenda
North America Recovery
Commodity Pricing
Justin Trudeau and Natural Resources
Natural Resources Analysis
Exports – July 2020
Trade Surpluses/(Deficits)
Trade by key countries
CBC Press Release / Trade
Supply Chain Management
USMCA Trade
Softwood Lumber
Pacific Trade Pact
Near Shoring
Biden vs Trump
What’s next
Other sources / Training options
12. Supply Chain
Management
Is that not why we have the combine act?
https://www.tc.gc.ca/eng/policy/acg-acgb-mergers-
guidelines-draft-3143.html
Mergers and acquisitions are important, but they
do need to review to ensure they are in the best
interest of both the sector and the country -
https://tnc.news/2020/06/02/conservative-
motion-to-stop-china-from-buying-struggling-
firms-passed/
Should we not be focusing on identifying what
products should be strategic?
https://www.slideshare.net/paulyoungcga/how-best-
to-reshore-supply-chains
Errors with medical supplies
https://thepostmillennial.com/trudeau-governments-
medical-equipment-blunder-cost-taxpayers-1-8-
billion
13. WTO
The WTO needs to be reformed including
revisiting the status of various countries
within the organization
@jimcarr_wpg it never seems to amaze me
how little you grasp of both supply
management and fair-trade practices. -
https://www.slideshare.net/paulyoungcga/2
019-election-global-trade-barriers-and-
protection-wto-canada-september-2019
@CPC_HQ and previous govts grasp the
need for trade with other countries, but not
your govt!
Latest work on Global Trade -
https://www.slideshare.net/paulyoungcga/h
ow-does-the-world-reform-global-trade
14. USMCA
Start date – July 1, 2020
Steep learning curve automotive -
https://www.freep.com/story/money/cars/2020/07/02/nafta-replacement-usmca-
launches/5360048002/
Japan Automotive - https://asia.nikkei.com/Business/Automobiles/Japan-auto-
companies-triple-Mexican-pay-rather-than-move-to-US
15. Pacific Trade Pact
@mary_ng CPTPP has been in place for nearly two years. Exports from key countries were higher in 2018 than in
2019. It seems that Canada has many issues with getting goods to market, right Mary?
https://www.slideshare.net/paulyoungcga/pacific-pacific-trade-agrement-analysis-and-commentary,
https://www.slideshare.net/paulyoungcga/merchandise-trade-canada-july-2020 and
https://www.slideshare.net/paulyoungcga/trade-and-investment-canada-and-south-america
Exports could be 20% higher or about 125M. For each $1M of exports there are 5,500 jobs. More emphasis needs
to be on fair trade and investment deals to support getting goods to market -
https://www.slideshare.net/paulyoungcga/how-to-address-issues-facing-getting-goods-to-market
17. Nearshoring
Key areas of focus for 2020 - https://www.pslcorp.com/nearshoring-outsourcing/5-nearshore-development-trends-to-watch-closely-in-2020/
Remote work the new normal - https://medium.com/dev-genius/remote-work-is-a-new-normal-save-costs-with-it-nearshoring-2f471cea3a91
Better control of supply chain management - https://www.mhlnews.com/global-supply-chain/article/22050699/why-nearshoring-is-a-better-
option-for-north-american-companies or https://www.slideshare.net/paulyoungcga/how-best-to-reshore-supply-chains
Drug production - https://www.fiercepharma.com/manufacturing/pharma-pushes-back-u-s-legislation-to-bring-drug-manufacturing-stateside
Chip production - https://www.politico.com/newsletters/morning-trade/2020/06/11/lawmakers-unveil-bill-to-boost-semiconductor-production-
788432
Reshoring of manufacturing - https://www.theglobeandmail.com/business/commentary/article-will-the-reshoring-trend-revive-canadian-
manufacturing/ or https://policyoptions.irpp.org/magazines/june-2020/is-this-canadas-last-chance-to-revive-manufacturing-and-long-term-
prosperity/
Technology and logistics - https://news.microsoft.com/2020/06/25/hitachi-and-microsoft-form-a-strategic-alliance-to-advance-next-generation-
digital-solutions-for-manufacturing-and-logistics-across-southeast-asia-north-america-and-japan/
More development of natural resources - https://www.slideshare.net/paulyoungcga/canada-natural-resources-forestry-sector-june-2020-whats-
next
Getting oil and natural gas to market - https://www.slideshare.net/paulyoungcga/what-is-going-on-with-oil or Irving Oil -
https://www.trendsmap.com/twitter/tweet/1278418560600154112
18. Biden vs Trump
Source - https://www.just-auto.com/analysis/the-2020-us-presidential-election-a-quick-auto-industry-guide_id198588.aspx
19. Biden vs Trump
Source - https://www.just-auto.com/analysis/the-2020-us-presidential-election-a-quick-auto-industry-guide_id198588.aspx
20. Biden vs Trump
Source - https://www.just-auto.com/analysis/the-2020-us-presidential-election-a-quick-auto-industry-guide_id198588.aspx
21. Other Sources
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
22. Summary
Canada has a job quality issue -
https://www.slideshare.net/paulyoungcga/job-quality-canada-vs-usa
Canada and GDP - https://www.slideshare.net/paulyoungcga/canadas-
gdp-july-2020
Wages / Employment -
https://www.slideshare.net/paulyoungcga/analysis-of-wages-and-
employment
Pandemic - https://www.slideshare.net/paulyoungcga/management-of-
a-pandemic-crisis
Throne speech - https://www.slideshare.net/paulyoungcga/what-is-next-
for-canada-throne-speech-september-23-2020
Global Economy - https://www.slideshare.net/paulyoungcga/what-is-
next-for-the-global-economy-september-2020
Canada still has issues with capacity -
https://www.slideshare.net/paulyoungcga/canada-and-world-post-
covid19
The world likely will be looking for AG shipments along with Natural
Resources and food processing
AG Sector -
https://www.slideshare.net/paulyoungcga/agriculture-and-
food-policy-what-needs-to-happen
Natural Resources -
https://www.slideshare.net/paulyoungcga/canada-and-natural-
resources-development-and-export-strategy