NDP is a good party to keep government honest, but to lead that would be a big mistake. NDP's policies of keeping goods in the ground, higher taxes for business and handouts are a recipe for economic and fiscal ruin.

1. NDP AND FISCAL
MANAGEMENT
BY: PAUL YOUNG CPA, CGA
DATE: APRIL 28, 2018

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. AGENDA
• Who is the NDP
• NDP Governments – AB, MB, SK, NS, BC and Ontario
• Leap Manifesto
• Economy / NDP
• Ontario

4. TOP 10 REASONS NOT TO VOTE NDP
1. NDP believes in taxing corporations. Ontario is less competitive today due to carbon tax, high hydro rates, more regulations, etc. NDP anti-
business and will focus on growing size of government
2. NDP wants to buy back Hydro One. Proceeds to buy back Hydro One could be double to triple the cost -
https://globalnews.ca/news/4020041/report-to-be-released-on-partial-sale-of-hydro-one/
3. NDP will not restructure government including compensation and pensions - https://www.canadianmanufacturing.com/human-
resources/wages-higher-in-public-sector-than-private-in-ontario-says-fraser-institute-183470/
4. NDP has not balance a budget in over 20+ years. NDP was fiscal nightmare in AB and SK
5. NDP could bring back Rae Days - http://www.cbc.ca/news/canada/saskatoon/former-ont-premier-bob-rae-defends-rae-days-1.3988510
6. NDP caucus members and candidates seldom have background in business and finance. Many are union reps, teachers, lawyers and activist
7. NDP will not fixed a broken arbitration system in Ontario - https://www.oshawachamber.com/reforming-ontarios-broken-interest-
arbitration-system
8. Andrea Horwath supported liberal budgets in the past that included Automotive Insurance cuts -
https://www.thestar.com/news/queenspark/2013/03/27/premier_kathleen_wynne_backs_call_for_lower_auto_insurance_rates.html - Wynne
call this a stretched target https://www.ontariondp.ca/news/wynne%E2%80%99s-latest-auto-insurance-stretch-goal-gives-families-no-hope-
rates-will-come-down-ndp
9. NDP supports carbon tax even though carbon tax do not work - https://globalnews.ca/news/3097838/cap-and-trade-to-cost-people-business-
8b-in-first-years-auditor/
10. NDP believes taxing the rich and giving to the poor. The problem is that handouts are not free if someone else is paying for it

5. EMPLOYMENT AB VS ONTARIO
Source – Stats Canada

6. NDP

7. NDP

8. NDP

9. NDP

10. NDP PROVINCIAL GOVERNMENT

11. BUDGET BALANCES

12. NDP LEAP MANIFESTO
Source - https://www.theglobeandmail.com/news/politics/leap-manifesto-what-is-it-and-what-could-it-mean-for-the-ndpsfuture/article29583796/

13. NDP / ONTARIO
• Ontario – Bob Rae
• Junior Partner with David Petersen from 1985-1987
• Ontario Premier from October 1, 1990 until June 26, 1995
• Budget Balances
• Economic Growth
• For the periods 1990-1995 & 1995-2000, Ontario’s real per capita GDP grew at -0.9% and 3.3% respectively. For
the period 2000-2010, it shrank at -0.3%.
• NDP did nothing in the 1990s to help the economy expand
• Key policies

14. NOVA SCOTIA
• NDP – Darrell Dexter
• June 19, 2009 – October 22, 2013
• Budget Balances
• Key Policies

15. BRITISH COLOMBIA

16. SASKATCHEWAN

17. MANITOBA

18. http://globalnews.ca/news/2169728/reality-check-are-canadas-newly-created-jobs-part-time-precarious-and-low-paid/
Mulcair must be using the CLC for his analysis. CLC is very reliable as they said there is 100,000 employees that make minimum wage for federal regulated business. Yet, I foun
out that number is nowhere to being close to real number. So, if they cannot get this number right then does he have the labor facts, right?
http://www.slideshare.net/paulyoungcga/federal-minimum-wage-canada
Facts on labor policies
1. Fact 1 – Employment – All I see from your comments is opinion and no facts. It seems you call me a troll, right? The only reason people call me a troll is they cannot
defend their opinion with facts, right? Let me crunch a few things based on the below links –
a. Since 2010 there has been 722K full-time jobs and 118K part-time jobs created in Canada. So, 86% of the new jobs are full-time. So, where is the 80% number y
quoting coming from in terms of its accuracy?
b. The main sector of growth are the following sectors
i. Accommodation/food services approximately 98K
ii. Healthcare approximately 249K – this ties to more money being spent on healthcare by provinces to support need for additional services
iii. Professional jobs approximately 170K
iv. Construction approximately 220K – does this not benefit skill trades and tied to the housing market being solid in Canada
v. Summary:
1. The bulk of jobs are in areas that pay good salaries. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labor93a-eng.htm. The only
sector that would see the bulk of minimum wage would be accommodation/services.
2. Food/Services jobs are created due to people spending money on meals and entertainment and travel - http://www.statcan.gc.ca/tables-
tableaux/sum-som/l01/cst01/trad15a-eng.htm or https://www.restaurantscanada.org/Portals/0/Non-
Member/2015/restaurantoutlooksurvey_2015_q1.pdf
a. Source: http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx
b. http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx
c. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ10-eng.htm
2. Ontario has its’ own issue, but they are not driven by federal policies. They are from bad policies, like FIT or Regulations or other bad policies. So, I guess comments fro
the following people are wrong, right? http://www.theglobeandmail.com/report-on-business/ontario-policies-could-put-auto-making-at-risk-fiat-chrysler-ceo-
warns/article25418311/ (Is this guy wrong?) or why did Cliff Resources pull out (http://www.baytoday.ca/content/news/details.asp?c=73707) or How do you think ORP
is going to impact business (http://www.thestar.com/news/queenspark/2015/06/02/business-warns-against-wynnes-pension-plan.html)
NDP Comment - Economy

19. https://www.slideshare.net/paulyoungcga/canada-gdp-
election-2015-promise-increase-gdp-growth
https://www.slideshare.net/paulyoungcga/environment
al-ranking-sustainability-index-canada-and-world
Is Trudeau any different on transparency? https://www.slideshare.net/paulyoungcga/open-
and-transparent-government-canada-september-2017
Or
“Prime Minister Justin Trudeau is failing to deliver on his promise of a government
that’s open by default, the federal information czar says.
https://www.thestar.com/opinion/editorials/2017/03/23/justin-trudeaus-promise-of-
transparency-is-starting-to-look-empty-editorial.html or
http://nationalpost.com/news/politics/trudeau-failing-to-deliver-on-transparency-promise-
information-czar-says
Source:
 http://opinion.windsorsquare.ca/2017/09/05/sarkar-clue-that-trudeau-failing-
transparency-test/
 https://www.theglobeandmail.com/news/politics/gerald-butts-defends-new-consul-
general-rana-sarkars-salary/article36052071/
 http://www.canadianmanufacturing.com/procurement/feds-set-aside-money-interim-
super-hornets-wont-say-much-200601/
 http://www.burnabynow.com/opinion/columnists/opinion-what-happened-to-
transparency-1.22446844

20. Economy comments/Economy including Harper’s Policies
1. In theory when you have two quarters of drop in GDP then it is deem a recession. The difference with this recessions there
are strong economic indicators that show the recession is non event, i.e. job growth, housing starts, exports and consumer
spending - http://www.gbm.scotiabank.com/English/bns_econ/cmsr150709.pdf
2. Harper has no control over oil prices/commodity pricies, China and CETA growth. You seem to think that Harper can control
the global growth, right?
3. Canada dollar is tied to commodities. http://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-15.pdf
4. What proof do have the economy will worsen? http://www.marketwatch.com/story/us-economy-sailing-through-rougher-
global-seas-2015-08-23. Canada still exports about 75% of its good to the USA.
5. European growth - https://www.ibm.com/developerworks/library/ba-pp-security-fpm-page678/ or
http://www.oecd.org/std/na/QNA-GDP-Growth-Q215-Eng.pdf. Brazil is in recession -
http://www.theguardian.com/world/2015/sep/14/brazil-taxes-spending-cuts-recession-economy or Russia -
http://www.bloomberg.com/news/articles/2015-07-22/russia-braces-for-longest-recession-in-decades-with-oil-near-50 or
http://www.oecd.org/std/na/g20-gdp-growth-second-quarter-2015-oecd.htm I suggest you read the facts.
6. CME - http://mb.cme-mec.ca/?action=show&lid=XE8MT-GCZX2-KAD9G&comaction=show&cid=3CWP8-FKASM-JYNFE
7. CFIB - http://www.cfib-fcei.ca/english/article/7208-federal-budget-2015-release.html
8. Canada FDI - http://www.theglobeandmail.com/try-it-now/?articleId=25092315
9. Clean Tech - http://www.analytica-advisors.com/assets/file/2015%20Report%20Synopsis%20Final_wcovers.pdf
10. Forestry - http://www.woodbusiness.ca/industry-news/news/trans-pacific-partnership-a-boost-for-canadas-forest-industry-
2787
11. Taxation - http://www.kpmg.com/ca/en/issuesandinsights/articlespublications/press-releases/pages/canada-remains-most-
competitive-business-tax-environment.aspx - benefits - http://bangordailynews.com/2014/12/12/news/nation/burger-kings-
move-to-canada-could-save-up-to-1-2-billion-in-us-taxes-report-says/
NDP Comment - Economy

21. ONTARIO 2018 ELECTION
• Where is your proof that Ford will cut? It seems that you have done your own cutting over the years!
• https://www.slideshare.net/paulyoungcga/ontario-fiscal-mess-april-2018
• https://www.slideshare.net/paulyoungcga/the-ontario-economy-real-truth-march-2018
•
• https://www.thestar.com/opinion/editorials/2017/09/13/rising-incomes-arent-being-shared-as-widely-
as-they-should-editorial.html
• Emissions - https://www.fraserinstitute.org/sites/default/files/did-the-coal-phase-out-reduce-ontario-
air-pollution.pdf or http://torontosun.com/2017/01/17/shutdown-of-coal-plants-raised-electricity-rates-
failed-to-reduce-pollution-report/wcm/22a4fc36-82c1-4320-bc35-5051a4eb0ba6 or
https://www.slideshare.net/paulyoungcga/carbon-tax-and-emissions-canada-january-2018
• Climate always changes! https://www.youtube.com/watch?v=vb-52nlv0qs
• https://www.slideshare.net/paulyoungcga/the-ontario-economy-real-truth-march-2018
• http://torontosun.com/opinion/columnists/goldstein-premier-wynne-trying-to-win-re-election-by-
driving-her-government-into-unprecedented-debt-ignoring-the-huge-economic-damage-its-already-
caused

22. HORWATH AND WYNNE
Source - http://www.cbc.ca/news/canada/toronto/horwath-says-ndp-will-support-ontario-liberal-budget-1.1313748
Ontario NDP Leader Andrea Horwath says the party will support the ruling Liberals' budget,
avoiding a spring election.
Horwath made the comment Tuesday while speaking at a news conference at Queen's Park.
She said although the NDP did not get everything it wanted, it was enough to offer its support
to the Liberal Party.
"We are prepared to support this budget within a process that ensures the financial
accountability office legislation is passed into law early this fall," Horwath said. "We will pass
this budget based on the commitments this government has made and we will remain vigilant
to ensure their promises are kept."
On Friday, Premier Kathleen Wynne agreed to the NDP's call for an independent financial
accountability officer and new accountability measures in the health-care system.
• Horwath supported the budgets means she supported Wynne’s policies
• Insurance Premiums did no come down -
https://www.thestar.com/news/canada/2013/04/30/ontario_budget_2013_liberals_agree_to
_ndp_auto_insurance_rate_cut_demand.html or
https://www.ontariondp.ca/news/wynne%E2%80%99s-latest-auto-insurance-stretch-goal-
gives-families-no-hope-rates-will-come-down-ndp

23. ONTARIO HAS A SPENDING PROBLEM
https://www.thestar.com/opinion/editorials/2012/02/15/drummond_report_don_dr
ummond_recommends_a_radical_overhaul_to_get_ontario_back_to_balanced_bu
End Ontario’s unaffordable $1.1 billion electricity rebate. Kill a $334 million horse racing subsidy. Do
more to collect $1 billion in outstanding provincial offences fines. These are among the no-brainers that
any government facing a $16 billion deficit should be doing.
But economist Don Drummond’s mandate wasn’t just to find these sorts of immediate savings. It was to
suggest ways to fundamentally reform Ontario’s public service so it can deliver better programs for the
long haul. The health-care sector is where that transformation is most desperately needed. That’s why
health accounts for nearly one-third of Drummond’s 362 recommendations.
AG /Ontario says “Liberals have low balled the deficits”
https://www.theglobeandmail.com/canada/article-ontario-auditor-general-says-province-
substantially-understating/

24. ONTARIO HAS A SPENDING PROBLEM
https://www.thestar.com/opinion/editorials/2012/02/15/drummond_report_don_dr
ummond_recommends_a_radical_overhaul_to_get_ontario_back_to_balanced_bu