This presentation highlights a few areas of the economy and government policies. Reviewers of this presentation can come to their own conclusions on whether Justin Trudeau policies have been successful or not

1. Economic and Fiscal Scorecard
– Trudeau – November 2015
to April 2020 and May 2020
PAUL YOUNG CPA CGA
JULY 1, 2020

2. Paul Young - Bio
 CPA, CGA
 Financial Solutions
 Academia
 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
 Fiscal Management – YTD March 2020
 GDP Growth / Deficits
 Stock Market – April 24, 2020
 Affordability
 GDP / April 2020
 Wages / April 2020
 Key Indicators
 Commodity Prices
 Canada Manufacturing Sales
 Housing
 PBO / Budget deficits
 Ethical issues / WE Charity
 Infrastructure / Audit
 POST COVID19
 Foreign Policies and Affairs
 Job Quality
 Immigration
 Other Training/Development

4. Fiscal Management
Source - https://www.canada.ca/en/department-finance/services/publications/fiscal-monitor/2015/11.html or
https://www.canada.ca/en/department-finance/services/publications/fiscal-monitor/2020/02.html
Fiscal Monitor
Fiscal Monitor

5. GDP and Growth
Source – RBC, TD Bank, Govt of Canada, BMO, Scotiabank

6. Stock Market
Source – BMO and TSX

7. GDP / Industry

8. Affordability

9. Wages / April 2020
• Rising food costs - https://vancouversun.com/news/covid-19-food-prices-shoot-up-waistlines-
expanding-anyway
• Pandemic pay increases - https://business.financialpost.com/news/retail-marketing/loblaw-to-end-extra-
pandemic-pay-for-front-line-workers

10. KPI – Metric #1

11. KPI – Metric #2

12. KPI – Metric #3

13. Commodity Prices

14. Canada Manufacturing / Sales
Source – Stats Canada

15. Housing/Real Estate
https://www.youtube.com/watch?v=eVfuuaoZG_I&fbclid=IwAR2w3gwZQBUFmszQfo5awVdigIl5iv-
LmVGu0xigXPCeJSCiku51_hoTgRU
There have been systemic issues with urban planning - https://www.slideshare.net/paulyoungcga/urban-and-rural-
planning-whats-next
Trudeau’s policies have not made housing any more affordable. One could argue that @JustinTrudeau policies like carbon
tax have hurt housing costs - https://www.slideshare.net/paulyoungcga/canada-housing-market-latest-analysis-may-2020

16. PBO Reports /
Stimulus
 Deficit likely $260B+
https://www.ctvnews.ca/politics/federal-
deficit-likely-now-at-260-billion-due-to-covid-
19-pbo-says-1.4955585
 Deficit likely $260B+ -
https://ipolitics.ca/2020/04/30/pbo-says-
federal-deficit-could-reach-252b-this-year-
the-highest-on-record/
 Trudeau has shut down parliament – no
oversight by parliament on spending -
https://nationalpost.com/news/liberals-
derailing-parliament-when-covid-19-
spending-oversight-especially-needed-critics
 Trudeau record on accountability and
oversight -
https://www.slideshare.net/paulyoungcga/
open-and-honest-government-lack-of-
oversight-and-accountability-by-justin-
trudeau-and-the-liberals

17. WE Charity / Ethical issues
 https://www.ctvnews.ca/politics/kielburger-backtracks-after-saying-pmo-contacted-we-about-student-
aid-program-
1.5006228?cid=sm%3Atrueanthem%3Actvnews%3Apost&utm_campaign=trueAnthem%3A+New+Cont
ent+%28Feed%29&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR0k7rrSeALQrA1kCA
0MwevWA78Dk8OBa4IE3YIIookYJUxvj4IRiqKzmQI
 https://www.cbc.ca/news/politics/pandemic-student-we-charity-trudeau-1.5633674
 Ethical issues do not seem to matter to the Liberals, right @BardishKW ?
 https://www.thestar.com/politics/federal/2020/06/25/ottawa-outsources-student-grant-program-to-a-
toronto-charity-that-works-with-justin-trudeaus-wife.html
 Is anyone surprised?
 https://www.slideshare.net/paulyoungcga/2019-election-ethics-and-transparency-canada-may-2019
 Ethical issues do not seem to matter to the Liberals, right @BardishKW ?

18. Infrastructure / Audit
@Scott_Gilmore How about you write an article on transparency? You can start with @cathmckenna in terms of why
she will not disclose infrastructure projects?
https://www.slideshare.net/paulyoungcga/open-and-transparent-government-has-trudeau-been-effective-pm
@ErinOTooleMP @PierrePoilievre @emilia_suze @GasPriceWizard @Swiftie01
@cathmckenna could care less about value for money or oversight!
https://www.slideshare.net/paulyoungcga/canada-infrastructure-investment-getting-goods-to-market

19. POST COVID19 @gmbutts @NavdeepSBains @Bill_Morneau
Here are suggestions on how to transform both the govt and
private sector post-covid19
https://www.slideshare.net/paulyoungcga/how-to-reform-local-
and-municipal-government
Information technology can play a key role as part of re-shaping
both social and economic policies around the world!
https://www.slideshare.net/paulyoungcga/technology-what-
needs-to-happen-for-canada-and-the-world
More focus on supply chain management -
https://www.slideshare.net/paulyoungcga/how-best-to-reshore-
supply-chains
Other sources:
https://www.slideshare.net/paulyoungcga/transforming-the-
economy-postcovid19-canada-and-the-world

20. Foreign Policies and Affairs
 @JustinTrudeau has been a complete disaster of foreign policy and affairs. Trudeau took Canada back
decades with his approach to foreign governments! - https://www.slideshare.net/paulyoungcga/is-
canada-back-foreign-affairs-and-policies
• Canada has dropped from top 10 (least corrupt countries in the world -
https://www.osler.com/en/blogs/risk/march-2020/canada-drops-from-top-10-least-corrupt-countries-
in-transparency-international-annual-corruption-per
• Canada drops in the world transparency index - https://gowlingwlg.com/en/insights-
resources/articles/2020/canada-drops-ranks-in-transparency-international/
• Canada lost a vote for security council seat - https://time.com/5855483/canada-un-security-council-
seat/
• Trudeau never brought Canada back to the world scene. One could make the argument that Trudeau
took Canada’s foreign polices back decades - https://pgdailynews.ca/index.php/2020/06/28/canadas-
foreign-policy-isnt-what-it-used-to-be/

21. Job Quality / Canada
https://twitter.com/ubi_works/status/1250681859517882368
@jyduclos since you think fixing a job quality issue is solved by
govt handouts, right? I guess the goal of liberals is to bring in
the Cuba socialism system, right?
https://www.slideshare.net/paulyoungcga/job-quality-canada-vs-
usa or https://www.slideshare.net/paulyoungcga/socialism-why-
is-it-deemed-to-fail
@ubi_works you do not fix income inequality by making
everyone else poor. You fix it by addressing issues like FDI or
tax reforms or emphasizing skill trades or other areas -
https://www.slideshare.net/paulyoungcga/social-spending-and-
tax-fairness-197908290
@JustinTrudeau going to fix the bad policies that continue to
drive down job quality?

22. Immigration
https://business.financialpost.com/news/economy/canada-needs-immigrants-despite-soaring-
unemployment?utm_medium=Social&utm_source=Twitter#Echobox=1592479277
https://www.slideshare.net/paulyoungcga/policy-review-immigration-canada
@GabeFriedz
There are allot of issues related to immigration that should have @cafreeland @marcomendicino @JustinTrudeau putting
the pause on immigration!

23. 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

24. Summary
1. There are many issues facing Canada as part of moving post-covid 19
2. Trudeau still needs to prove to Canadians that his government is both transparent and accountable
3. All levels of government need to be reformed
4. Post-Covid19 should include re-thinking the supply chain - https://www.wsj.com/articles/usmca-takes-
effect-but-north-american-trade-tensions-remain-11593604807. The new USCMA along with other deals
can help re-shape the economy.
5. More balance between the economy and the environment -
https://www.slideshare.net/paulyoungcga/electricity-generation-co2-and-environmental-impact-whats-
next
6. All levels of government need to look at ways to automate internal audits, i.e. performance and operational
audits - https://www.slideshare.net/paulyoungcga/the-role-of-operational-and-performancebased-
auditing-on-government-and-the-private-sector