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Sustainability of
Government - Canada -
August 2017
PAUL YOUNG CPA, CGA
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• 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
Government Spending per capita
Source – RBC – April 28, 2017
Government Revenues – 2017-2018
Source – BMO Economics
Government Spending Unsustainable
 http://business.financialpost.com/news/economy/canadas-government-spending-
is-now-on-unsustainable-path-warns-pbo
Financial Post – June 28, 2016
Key Quotes
 https://www.youtube.com/watch?v=lcm-42BfTXA
Key Quotes – Ontario Spending Problem
https://www.fraserinstitute.org/sites/default/files/spending-is-the-source-
of-ontarios-deficit-and-debt-problem.pdf
Public Sector –vs Private Sector
Compensation
Source - http://www.cfib-fcei.ca/english/article/7114-public-sector-workers-earn-more-
work-less.html
Government – Value for Money and AI
(Artificial Intelligence
 Government needs to look at value for money -
https://www.slideshare.net/paulyoungcga/how-do-you-get-maximum-value-
from-government-taxation-value-for-money
 Govenrment needs to embrace the use of AI -
https://www.slideshare.net/paulyoungcga/artificial-intelligence-ai-with-value-for-
money-auditing
Issues facing government
 Broken arbitration process
 Pension shortfalls
 Wages that are on average 12% higher than wages paid in the private sector
 Sluggish growth
 Aging population
 High Deficits and Debt
 Inability to control cost and/or improving the delivery of program spending
 Growing public sector jobs at a faster pace than job creation in the private sector
 Proper evaluation when it comes to outsourcing

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Sustainability of government - Canada - august 2017

  • 1. Sustainability of Government - Canada - August 2017 PAUL YOUNG CPA, CGA
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4 and MS2) • 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. Government Spending per capita Source – RBC – April 28, 2017
  • 4. Government Revenues – 2017-2018 Source – BMO Economics
  • 5. Government Spending Unsustainable  http://business.financialpost.com/news/economy/canadas-government-spending- is-now-on-unsustainable-path-warns-pbo Financial Post – June 28, 2016
  • 7. Key Quotes – Ontario Spending Problem https://www.fraserinstitute.org/sites/default/files/spending-is-the-source- of-ontarios-deficit-and-debt-problem.pdf
  • 8. Public Sector –vs Private Sector Compensation Source - http://www.cfib-fcei.ca/english/article/7114-public-sector-workers-earn-more- work-less.html
  • 9. Government – Value for Money and AI (Artificial Intelligence  Government needs to look at value for money - https://www.slideshare.net/paulyoungcga/how-do-you-get-maximum-value- from-government-taxation-value-for-money  Govenrment needs to embrace the use of AI - https://www.slideshare.net/paulyoungcga/artificial-intelligence-ai-with-value-for- money-auditing
  • 10. Issues facing government  Broken arbitration process  Pension shortfalls  Wages that are on average 12% higher than wages paid in the private sector  Sluggish growth  Aging population  High Deficits and Debt  Inability to control cost and/or improving the delivery of program spending  Growing public sector jobs at a faster pace than job creation in the private sector  Proper evaluation when it comes to outsourcing