Since Nov/15 there has been a new government. The new government has not addressed many issue facing Canadians. The next government will need to revisit all aspects of government as part of revamping domestic and foreign policies that better support Canadians domestically and globally.

1. WHAT IS
NEXT FOR
CANADA
Paul Young CPA CGA
May 31, 2021

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Costing and Profitability Solutions
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Customer Success Management
Contact information: paul_young_cga@hotmail.com

3. AGENDA
GDP per capita
Cost of living
Employment
Social Welfare
Middle Class
Top 1%
Fiscal stimulus
Retail Sales
Housing Market
Foreign Policies and Affairs
Environment
Food Pricing and security
Infrastructure
Business competitiveness
Manufacturing Sector
Natural Resources Sector
Public Safety
Defense spending
Healthcare
Education and Skills Gaps
New Governance model
Indigenous Affaurs
PRESENTATION TITLE 2/11/20XX 3

4. GDP PER CAPITA
PRESENTATION TITLE 2/11/20XX 4
• GDP needs to have less government intervention in areas like carbon tax or excessive regulations or other
policies that drive GDP growth - https://www.slideshare.net/paulyoungcga/gdp-canada-industry-february-
2021
• Policies that better support both the private and public sectors adjusting to the new normal -
https://www.slideshare.net/paulyoungcga/new-normal-for-canada-and-the-world-248752153
• Immigration policies that support economic growth and address issues with the labor force -
https://www.slideshare.net/paulyoungcga/policy-review-october-2020-immigration-and-refugees-canada

5. COST OF LIVING
PRESENTATION TITLE 2/11/20XX 5
• High cost of housing
• Carbon pricing / pass through
• Supply chain / reshoring
• Food security
• Here is my work on the cost of living - Here is my work on inflation for Canada -
https://www.slideshare.net/paulyoungcga/cost-of-living-canada-april-2021

6. EMPLOYMENT
PRESENTATION TITLE 2/11/20XX 6
• Job quality issues continue to plague the Canadian Economy
• Goods-producing jobs as % of employment are lower in Apr/21 as compared to Nov/15
• Canada’s economy needs to become more competitive
• Canada needs a more efficient and effective public sector (end of big government)
• Here is my work on employment - https://www.slideshare.net/paulyoungcga/career-and-employment-outlook-for-
canada-and-united-states-may-2021

7. SOCIAL WELFARE TRANSFERS
• More emphasis on programs that protect the most vulnerable, i.e., people living with disability,
seniors, retraining and other areas
• UBI - https://www.slideshare.net/paulyoungcga/ubi-guarantee-income-canada-social-
safety-net
• EI - https://www.slideshare.net/paulyoungcga/policy-review-ei-unemployment-insurance
• Retirement - https://www.slideshare.net/paulyoungcga/retirement-and-government-
pensions-canada-and-the-world-march-2021
• Poverty - https://www.slideshare.net/paulyoungcga/how-to-fix-global-poverty
PRESENTATION TITLE 2/11/20XX 7

8. MIDDLE CLASS
PRESENTATION TITLE 2/11/20XX 8
Source - https://www.slideshare.net/paulyoungcga/middle-class-canada-march-2021
• Refining the tax code for personal filers
• Revisiting consumption taxes vs payroll taxes
• Source - https://www.slideshare.net/paulyoungcga/how-is-the-middle-class-doing-in-canada

9. TOP 1%
PRESENTATION TITLE 2/11/20XX 9
1. fix the tax code
2. close-down tax havens
3. Implement value for money on all programs
4. Stop throwing money at the symptoms
5. Revisiting investment and passive income rules
I have written many blogs on tax fairness -
https://www.slideshare.net/paulyoungcga/wealth-and-taxation-
fairness-february-2021

10. FISCAL STIMULUS
PRESENTATION TITLE 2/11/20XX 10
This is about $70B less than the fall update which reflected $381.6B
https://home.kpmg/ca/en/home/insights/2020/11/highlights-of-the-2020-federal-fall-economic-update.html
Canada deficit came in at 313B for FY21. https://www.slideshare.net/paulyoungcga/fiscal-management-canada-march-
2021
Previous deficits did little to address competitive issues facing the Canadian economy.

11. RETAIL SALES
PRESENTATION TITLE 2/11/20XX 11
Rise in the cost of construction materials.
Household debt levels continue to crop back up.
Costing of housing is not sustainable.
https://www.slideshare.net/paulyoungcga/retail-sales-canada-march-2021

12. HOUSING MARKET
PRESENTATION TITLE 2/11/20XX 12
all levels of government and the private sector need
to fix the systemic issues with housing.
https://www.slideshare.net/paulyoungcga/how-do-
you-best-support-urban-planning-rural-vs-urban
1. 3D / Module housing
2. Availability of land
3. Stress testing
4. Ridiculous bids and ask
5. Cost of raw materials
6. More focus on rural strategy
7. More investment in the skill trades
8. Modernization of infrastructure
9. Mitigation of climate change impact
10. Revisiting foreign ownership rules/laws.
2017 -
https://www.slideshare.net/paulyoungcga/entry-
into-the-canadian-housing-market-continues-to-be-
a-challenge-for-firsttime-home-buyers or 2016 -
https://www.slideshare.net/paulyoungcga/housing-
market-canada-and-united-states-risks-and-threats

13. FOREIGN AFFAIRS AND POLICIES
PRESENTATION TITLE 2/11/20XX 13
Source - https://www2.slideshare.net/paulyoungcga/foreign-policies-and-affairs-middle-east-240930944
• The next government needs to focus on the following areas:
• Reforming of United Nations and its Agencies including more oversight into foreign aid and UN
agencies - https://www.slideshare.net/paulyoungcga/foreign-aid-how-to-improve-outcomes or
https://www.slideshare.net/paulyoungcga/reforming-the-united-nations-and-its-agencies
• The G7 has become less important due to growth and importance of emerging markets like China,
India, African Countries, Latin America, etc.
• The next leader needs to focus on building relations with countries -
https://www.bnnbloomberg.ca/trudeau-riles-china-50-years-after-his-father-established-ties-
1.1508195 or India - https://www.macdonaldlaurier.ca/canada-india-relations-inside-policy/ or
https://pgdailynews.ca/index.php/2020/06/28/canadas-foreign-policy-isnt-what-it-used-to-be/

14. ENVIRONMENT
PRESENTATION TITLE 2/11/20XX 14
• There needs to better balanced between the
environment and the economy
• Most emphasis on policies that better support
the circular economy -
https://www.slideshare.net/paulyoungcga/how
-best-to-managed-the-circular-economy
• Better forestry management practices -
https://www.slideshare.net/paulyoungcga/wha
t-is-next-for-the-forestry-sector-248000228
• Better urban planning that mitigates issues
with the environment while building affordable
housing -
https://www.slideshare.net/paulyoungcga/wha
t-is-required-to-support-rural-canada
• The next government needs to review all
aspects policies including taxation and
regulations -
https://www.slideshare.net/paulyoungcga/how
-best-to-address-issues-facing-the-
environment

15. FOOD SECURITY AND PRICING
PRESENTATION TITLE 2/11/20XX 15
• Canada needs to look at policies that better support the agriculture and the food processing sector -
https://www.slideshare.net/paulyoungcga/how-to-optimize-agricultural-land-for-productive-purposes-as-
part-of-managing-the-food-supply
• The hospitality sector continues to adjust to new normal including looking at zero-waste -
https://www.slideshare.net/paulyoungcga/hospitality-and-food-service-sector-canada-january-2021

16. INFRASTRUCTURE
 The infrastructure funding mechanism will need to change as more and more vehicles move towards Electrical Vehicles -
https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations
 More oversight into P3 and other mechanism that support infrastructure spending -
https://www.slideshare.net/paulyoungcga/addressing-the-issues-with-public-infrastructure-united-states and
https://www.slideshare.net/paulyoungcga/how-to-fix-the-infrastructure-gap-canada-and-the-world
 Infrastructure planning should look at ways to mitigate the impacts of climate change -
https://www.slideshare.net/paulyoungcga/why-there-needs-to-be-audited-reports-of-crisis-emergency-management-
policies-and-procedures
PRESENTATION TITLE 2/11/20XX 16
Source - https://outlook.gihub.org/countries/Canada

17. COMPETITIVENESS
• Moving away from direct grants to R&D tax credits
• Streamlining regulations as part of getting projects approved
• More partnerships between post-secondary schools and the private sector
• Revamping tax policies that better support startups
• Here is my work on competitiveness - https://www.slideshare.net/paulyoungcga/how-to-improve-
canada-global-competitiveness
PRESENTATION TITLE 2/11/20XX 17

18. MANUFACTURING
SECTOR
PRESENTATION TITLE 2/11/20XX 18
• Addressing the skills gap
• Adoption of 3D printing
• More designation of critical products as
part of building a resilient economy
• Revamping R&D and other policies to
better support manufacturing
• https://www.slideshare.net/paulyoungcg
a/manufacturing-canada-analysis-and-
commentary-march-2021
•

19. NATURAL RESOURCES
PRESENTATION TITLE 2/11/20XX 19
• More focus on development of
natural resources in sustainable
way
• More focus on refinement and
fabrication. Rare Metals, Lithium,
etc. are sent out of the country for
refinement and fabrication
• Natural resources sectors pay on
average about 30-40% more than
service sector
• https://www.slideshare.net/paulyo
ungcga/how-to-maximize-the-
natural-resources-for-canada
•

20. PUBLIC SAFETY
PRESENTATION TITLE 2/11/20XX 20
• Gun control laws that go after criminals
• Ensuring that rehabilitation is effective
• More investment in areas like cybersecurity
• Appointment of judges based on non-partisan selection process along with term limits
• More adoption of AI and other tools to help mitigate issues with crime
• https://www.slideshare.net/paulyoungcga/public-safety-crime-policing-prosecution-incarceration-and-rehab-canada

21. DEFENSE SPENDING
• Continuing the modernization of the Canadian Forces
• Achieving the GDP % commitment to NATO or revamping the NATO commitment
• Fixing the human resources related issues with Canadian Forces
• More oversight into capital purchases
• Here is my work - https://www.slideshare.net/paulyoungcga/policy-analysis-defense-spending-canada
PRESENTATION TITLE 2/11/20XX 21

22. EDUCATION / SKILLS
GAPS
• Education needs to better align with of job today and tomorrow
• The STEM needs to be further refined to address the job vacancies issues facing the economy
• Better partnership between the private sector and educational institution
• Here is my work on human capital - https://www.slideshare.net/paulyoungcga/how-both-the-private-
and-public-sectors-can-better-managed-their-human-capital-requirements
PRESENTATION TITLE 2/11/20XX 22

23. HEALTHCARE
• Fixing issues with delivery of healthcare, i.e., drug costs, access to doctors, better disease
management, and other areas
• Healthcare - https://www.slideshare.net/paulyoungcga/reforming-healthcare-with-
countries-around-the-world-245685198
PRESENTATION TITLE 2/11/20XX 23

24. NEW GOVERNANCE
MODEL
• All levels of government need to revamp their governance model to better safeguard assets as well as delivery
program spending with value for money.
• All levels of government need to focus on tax fairness
• My work - https://www.slideshare.net/paulyoungcga/how-to-fix-the-goverance-model-for-the-public-
sector-government
PRESENTATION TITLE 2/11/20XX 24

25. INDIGENOUS AFFAIRS
• Addressing issues with education and economic development.
• Clean water for all indigenous settlements.
• Addressing issues with access to healthcare.
• Bringing back mandatory reporting of financial results as part of implementing better
oversight.
• Fixing issues with housing through 3D and/or modular housing options.
PRESENTATION TITLE 2/11/20XX 25

26. 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