This report provides a summary look at what is happening with Canada both fiscally and economically

1. Economic and Fiscal Scorecard
– Trudeau – November 2015
to April 2020
PAUL YOUNG CPA CGA
MAY 29, 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 February 2020
 GDP Growth / Deficits
 Stock Market – April 24, 2020
 Affordability
 GDP / February 2020
 Wages / February 2020
 Key Indicators
 Commodity Prices
 Canada Manufacturing Sales
 Housing
 PBO / Budget deficits
 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 / March 2020

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

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. 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

18. Summary
 Government will need to be re-structured -
https://www.slideshare.net/paulyoungcga/is-the-world-heading-to-debt-crisis
 Many businesses post-COVID19 will be restructured
 https://www.slideshare.net/paulyoungcga/technology-whats-next-for-canada
 March 2020 GDP should decline due to shutdown
 COVID19 – post - https://www.slideshare.net/paulyoungcga/how-to-reopen-the-
economy-canada-postcovid19