There are many issues facing the provinces including the following: 1. Alberta election 2. Federal Election 3. Force Carbon Taxation 4. Federal govt focus to much focus on hiking taxes and excessive regulations 5. Lack focus to get goods to market. 6. Lack of focus by all levels of govt on making Canada and the provinces more business competitive. 7. Issues with brain drain (feds change the tax laws for small business) 8. Federal govt is pushing failed Ontario FIT programs on to the provinces 9. Slow economic growth 10. Canada is failing on foreign policies, i.e. Japan, Australia, India, China, USA, etc.

1. Provincial Forecast –
Canada – March
2019
PAUL YOUNG CPA CGA
MARCH 26, 2019

2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Business Process
Changes
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain
Management
• Academia – Advance
Accounting, Public Finance and
Advanced Management
Systems
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 Capital Investment
 Real GDP Growth
 Oil Pricing
 Forecast Details
 Key Metrics by Province
 C69 / Provinces
 Red Tape Ranking
 Interprovincial Trade Barriers

4. Capital Investment /
Provinces
Source – RBC Economics

5. Real GDP
Growth
Source – RBC Economics

6. Oil Pricing
Source – RBC Economics

7. Forecast Details
SOURCE – RBC ECONOMICS

8. Key Metrics
Source – RBC

9. C69 / Provinces
 First Nations and Oil -
https://business.financialpost.com/opinion/ind
igenous-canadians-are-upset-with-the-liberal-
governments-bill-c-69-too
 “Too much Discretion and Too much political
interference”
https://suitsandboots.ca/minerconcerns/
 CAPP - https://www.capp.ca/media/news-
releases/the-government-of-canada-needs-
to-pause-and-review-plans-for-bill-c69-to-
get-it-right-for-canadians
 Oil plays key part in exports -
https://www.slideshare.net/paulyoungcga/wha
ts-up-with-oil-march-2019 (NF, SK and AB do
not receive equalization and yet provinces like
BC and PQ are stopping the building of
pipelines.

10. Red Tape
Ranking
Source – CFIB -
https://www.cfib-
fcei.ca/en/advocacy/red-
tape-report-card

11. Interprovincial
Trade Barriers
 Source – BMO or
https://www.plant.ca/insi
ghts/interprovincial-
trade-barriers-are-a-
national-embarrassment/
Studies have suggested that these
interprovincial trade constraints cost
the Canadian economy up to $130
billion every year – and may negatively
impact international trade relations.

12. Solutions
 Provinces need to work together to bring down barriers
 Next PM needs to represent all Canada and not just voting interests in PQ, ON
and BC
 Next PM needs to focus on a better balance between the economy and
environment
 Canada needs to reduced both its tax and excessive regulations -
https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-
march-2019