Here is a look at Canada middle class.

1. ARE THE MIDDLE CLASS
BETTER UNDER JUSTIN
TRUDEAU AND THE LIBERALS
BY: PAUL YOUNG, CPA, CGA
DATE: JUNE 2, 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. OVERVIEW
• MIDDLE CLASS IS UNDER ATTACK - HTTPS://GLOBALNEWS.CA/NEWS/3769136/TAXES-MIDDLE-CLASS-LIBERALS/
• TRUDEAU’S GDP AND JOB GROWTH ARE ALSO NOT ACCURATE IN TERMS OF HEALTH OF THE ECONOMY -
HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/2018-AND-BEYOND-CANADA-CAREER-AND-EMPLOYMENT-MARKET-JUNE-2018
• FDI - HTTPS://BUSINESS.FINANCIALPOST.COM/OPINION/LOOK-HOW-MUCH-FOREIGN-INVESTMENT-HAS-FLED-CANADA-SINCE-THE-LIBERALS-TOOK-OVER
- $100B HAS LEFT CANADA SINCE THE LIBERALS TOOK OFFICE IN NOVEMBER 2015
• CANADA IS LESS COMPETITIVE TODAY THAN IT WAS WHEN HARPER LEFT OFFICE - HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/COST-
COMPETITIVENESS-CANADA-APRIL-2018
• HARPER HAD THE BEST MIDDLE CLASS IN THE WORLD, RIGHT? HTTPS://WWW.YOUTUBE.COM/WATCH?V=YOL37VCG89C (TRUDEAU HAS FAILED THE
MIDDLE CLASS) –
• MORE AND MORE WORKING CLASS PEOPLE ARE RISING UP TO FAILED GOVERNMENT POLICIES.

4. AGENDA
• CARBON TAX
• INFLATION
• LIBERAL TAX CUT
• BILL MORNEAU / MIDDLE CLASS
• MEDIA TAX CREDIT VS TRANSIT TAX CREDIT
• ELIMINATION OF TAX CREDIT
• MIDDLE CLASS / LIBERALS VS CPC
• EMPLOYMENT AND WAGES
• CARBON TAX
• PER CAPITA INCOME
• TWEET – MIDDLE CLASS
• TWEET – HARPER FAILURES
• TWEET – WORKING CLASS EUROPE
• TWEET – FRANCE UPRISING
• TWEET – 2019 TAX HIKES
• TWEET – MIDDLE FAMILY TAXABLE INCOME
• TWEET – MIDDLE CLASS AND TAXES

5. LIBERALS VOTED AGAINST A MOTION TO STOP RISING COST OF
FUEL AND FOOD
SOURCE - HTTPS://WWW.SPENCERFERNANDO.COM/2018/05/08/TRUDEAU-LIBERALS-VOTE-AGAINST-MOTION-TO-LOWER-GAS-GROCERY-PRICES/#RESPOND
HTTP://BUSINESS.FINANCIALPOST.COM/PMN/BUSINESS-PMN/NEWSALERT-STATISTICS-CANADA-SAYS-CPI-IN-MARCH-UP-2-3-FROM-YEAR-AGO-2
• Liberals said they would make things
affordable for Canadians -
https://www.liberal.ca/trudeau-unveils-
liberal-platform-for-a-strong-middle-class/
• 80% of Canadians are paying higher
taxes -
https://globalnews.ca/news/3769136/tax
es-middle-class-liberals/
• Carbon Taxes are regressive as they hurt
the low to middle class more in terms of
costs -
https://twitter.com/LindaFrum/status/98
9957835692957696
• Jobs in goods producing sector lag
service sector jobs -
https://www.slideshare.net/paulyoungcg
a/job-market-canada-march-2018
Bottom line:
• Trudeau is not making things more affordable!

6. INFLATION
Wages are barely keeping pace with inflation -
https://pressprogress.ca/new-data-shows-wages-stagnated-
and-inequality-grew-even-as-the-canadian-economy-boomed-
in-2017/

7. FEDERAL TAX / TAX CUT
SOURCE - HTTPS://WWW.TAXTIPS.CA/PRIORTAXRATES/TAX-RATES-2014-2015/CANADA.HTM

8. TAX CREDITS AND OTHER TAX
CHANGES
SOURCE - HTTPS://TURBOTAX.INTUIT.CA/TIPS/NEW-CHANGES-TO-CHILDRENS-FITNESS-CREDIT-AND-CHILDRENS-ARTS-
AMOUNT-5115 OR HTTPS://GLOBALNEWS.CA/NEWS/3769136/TAXES-MIDDLE-CLASS-LIBERALS/
“A new Fraser Institute report — The Effect of Canadian Families of Changes to
Federal Income Tax and CPP Payroll Tax — says more than 90% of Canadian families
will pay higher taxes once the Canada Pension Plan tax increases are fully
implemented by 2025. The first of seven increases to CPP tax — which all workers
much pay — begins January 2019. The study’s co-author, Charles Lammam, talks
about the impact on middle-class families.
Source - http://torontosun.com/news/national/92-of-middle-class-families-face-tax-
hike-over-2200-beginning-in-2019-fraser-institute
• Savings For Retirement "Between 1990 and 2012, as the household savings rate
headed sharply lower, the amounts contributed to retirement savings plans as a
percentage of employment earnings headed sharply higher," he wrote.
"Contributions are not four per cent or five per cent of earnings – they are 14 per
cent of earnings. They are not falling – they are rising.“ Source -
http://www.cbc.ca/news/business/canadians-are-saving-enough-for-retirement-
says-c-d-howe-study-1.3100653
• TFSA “The CRA documents show that of the 10.7 million TFSA holders in the
country, as of 2013, almost 1.9 million, or 17%, had contributed the maximum to
their account. Of the over 28 million Canadians over 18 according to StatCan, 7%
of Canadians eligible for TFSAs have maxed out their room.” – Source -
http://business.financialpost.com/personal-finance/tfsa/exclusive-canadians-
maxing-out-their-tfsas-from-all-walks-of-life
Liberal Tax plan tax increases
People saving for Retirement

9. BILL MORNEAU AND THE MIDDLE CLASS
• Women in the workforce has increase over the years -
https://www150.statcan.gc.ca/n1/pub/11-630-x/11-630-
x2015009-eng.htm
• Morneau never answers a question on the impact of carbon tax
on females - https://www.youtube.com/watch?v=NfWcf69c9nU
• 80% of the middle class is paying more in taxes
• https://globalnews.ca/news/3769136/taxes-middle-class-
liberals/
• Women and Job Market
• Canada is rank#16 on gender equality -
https://www.undispatch.com/heres-every-country-world-
ranks-gender-equality/
Bottom line
• Liberals policies are not helping makes lives better for
Canadians including females
• Carbon taxation is regressive tax that penalizes the low
to middle class more in terms of costs
https://www.taxpayer.com/news-releases/lessons-from-
australia---carbon-tax-failure

10. LIBERAL AND THE MIDDLE CLASS
SOURCE - HTTPS://WWW.LIBERAL.CA/WP-CONTENT/UPLOADS/2015/10/NEW-PLAN-FOR-A-STRONG-
MIDDLE-CLASS.PDF
THAT’S WHY LIBERALS
HAVE A 3-POINT PLAN
FOCUSED ON MAKING A
REAL, POSITIVE
DIFFERENCE IN THE LIVES
OF CANADIANS: WE WILL
INVEST TO CREATE JOBS,
WE WILL GROW THE
MIDDLE CLASS, AND WE
WILL HELP THOSE
WORKING HARD TO JOIN
THE MIDDLE CLASS DO SO.
• Housing Market was well
protected by laws
• Harper reduced taxes -
https://globalnews.ca/ne
ws/1356467/tax-cuts-
since-2005-net-
canadians-30b-pbo/
• Harper focused on taxes
http://business.financialpo
st.com/opinion/william-
watson-turns-out-the-
harper-government-was-
actually-terrific-for-wage-
growth

11. MIDDLE CLASS EMPLOYMENT
• Middle class jobs have increased under Trudeau. The problem is the main driver of middle class jobs have
been the government.
• Goods producing sector which pays about 40% on average more than the service sector has only seen
about 10% of all net new jobs. Trudeau is struggling getting goods to market -
https://www.slideshare.net/paulyoungcga/2019-election-business-competitiveness-canada-may-2019

12. MIDDLE CLASS - TWEET – MORNEAU AND TRUDEAU
• I DO NOT LISTEN TO ANYTHING YOU TWO SAY AS YOU DO NOT GET IT ABOUT TAXES, ECONOMY AS WELL
AS OTHER POLICY AREAS - HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/GDP-CANADA-REAL-TRUTH-
FEBRUARY-2018 OR HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/MIDDLE-CLASS-CANADA-FEBRUARY-
2018 OR HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/2018-FISCAL-MANAGEMENT-PLAN-CANADA-
FEBRUARY-2018
•
• YOU TWO HAVE DESTROYED THE MIDDLE CLASS!!!!!!
•
• HARPER HAD IT RIGHT! HTTP://BUSINESS.FINANCIALPOST.COM/OPINION/WILLIAM-WATSON-TURNS-OUT-
THE-HARPER-GOVERNMENT-WAS-ACTUALLY-TERRIFIC-FOR-WAGE-GROWTH

13. • STATS CANADA
LARGE URBAN TRANSIT – RIDERSHIP (EXPRESS IN
MILLIONS)
• Transit Ridership was growing each
year since 2015
• All groups of people are benefiting
from the transit cut

14. HIGHEST MARGINAL TAX RATES IN THE WORLD
Source - https://taxfoundation.org/publications/international-tax-competitiveness-index/
• Canada ranks 23rd when it comes to personal
Taxes as compare to the USA that ranks 24th
2015 Ranking
• Canada ranks 19th when it comes to personal
Taxes as compare to the USA that ranks 24th
Trudeau’s have dropped Canada tax position down 4
spots in 2018
BMO Comments – Fiscal update – November 21, 2018

15. WAGE GROWTH /
CANADA
SOURCE -
HTTPS://PRESSPROGRESS.CA/NEW-
DATA-SHOWS-WAGES-STAGNATED-
AND-INEQUALITY-GREW-EVEN-AS-THE-
CANADIAN-ECONOMY-BOOMED-IN-
2017/

16. INCOME INEQUALITY
SOURCE -
HTTPS://PRESSPROGRESS.CA/NEW-
DATA-SHOWS-WAGES-STAGNATED-
AND-INEQUALITY-GREW-EVEN-AS-THE-
CANADIAN-ECONOMY-BOOMED-IN-
2017/

17. BLOG – MIDDLE CLASS
• YET TRUDEAU SAID THE ARTICLE IS WRONG? HTTPS://GLOBALNEWS.CA/NEWS/3769136/TAXES-MIDDLE-CLASS-LIBERALS/ I HATE TO TELL PM SELFIE THAT TRUDEAU IS WRONG.
YOU CANNOT ELIMINATE TAX CREDITS, INCOME TAX SPLITTING, ETC. AND THEN EXPECT TAXES WILL GO DOWN, BECAUSE THEY DO NOT!
HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/DID-THE-MIDDLE-CLASS-CUT-TRULY-HELP-CANADIANS . FYI - THE CHILD TAX BENEFIT DID NOT REDUCE POVERTY BY 400,000.
•
• TRUDEAU SO CALLED MIDDLE CLASS TAX CUT DID NOT WORK - HTTPS://GLOBALNEWS.CA/NEWS/3769136/TAXES-MIDDLE-CLASS-LIBERALS/. THIS IS BEFORE CARBON TAX IS
IMPLEMENTED ACROSS CANADA 2019. THE CARBON TAX WILL HURT LOW TO MIDDLE CLASS MORE THAN THE WEALTHY.
HTTP://WWW.CBC.CA/NEWS/CANADA/SASKATOON/AUSTRALIAN-CARBON-TAX-OPPONENT-CHRIS-BERG-SASKATCHEWAN-1.3884765
•
• YET THE PBO OFFICE SAID CPC CUTS HELP LOW TO MIDDLE CLASS CANADIANS. TRUDEAU AGAIN GOT IT WRONG ABOUT HARPER AND HIS POLICIES!!!!
HTTPS://GLOBALNEWS.CA/NEWS/1356467/TAX-CUTS-SINCE-2005-NET-CANADIANS-30B-PBO/.
•
• IN 2014 IS WHEN CANADA HAD THE BEST MIDDLE CLASS IN THE WORLD - HTTPS://BETA.THEGLOBEANDMAIL.COM/REPORT-ON-BUSINESS/TOP-BUSINESS-STORIES/CANADAS-
MIDDLE-CLASS-NOW-WORLDS-RICHEST-STUDY-SUGGESTS/ARTICLE18090490/?REF=HTTP://WWW.THEGLOBEANDMAIL.COM&
• PEOPLE COMPLAIN ABOUT CORPORATIONS AND YET THEY CONTRIBUTE TO WEALTH DISTRIBUTION –
• HARPER DID NOT JUST FOCUS ON TAX CUTS INCLUDING CORPORATE TAX, BUT ALSO SET UP INNOVATION FUNDS AND SIGN TRADE DEALS TO EXPAND EXPORTS.
HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/WEALTH-DISTRIBUTION-CANADA-CORPORATE-TAX-JULY-2017. TRUDEAU WAS ELECTED AND SAID HE WILL FOCUS ON CLEAN
TECHNOLOGY, RIGHT? HTTPS://WWW.LIBERAL.CA/WP-CONTENT/UPLOADS/2015/08/A-NEW-PLAN-FOR-CANADAS-ENVIRONMENT-AND-ECONOMY.PDF THE PROBLEM IS CLEAN
TECHNOLOGY COMPANIES ARE NOT MAKING MONEY, RIGHT? HTTP://WWW.BNN.CA/AWASH-IN-RED-INK-CANADIAN-CLEAN-TECH-STRUGGLING-DESPITE-OTTAWA-S-GREEN-
GOALS-1.729679
• HARPER CREATED MANY INNOVATION FUNDS, SIGN TRADE AGREEMENTS, EXPANDED PORTS LIKE MONTREAL, PRINCE RUPERT, ETC. HARPER WAS ALL ABOUT GETTING GOODS TO
MARKET. MORE COULD HAVE BEEN DONE, BUT PIPELINES AS WELL AS LACK OF PRIORITIES BY GOVERNMENTS INCLUDING ONTARIO ON NATURAL RESOURCE DEVELOPMENT SET
HARPER BACK - HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/MERCHANDISE-TRADE-CANADA-JULY-2017
• LIBERALS LOVE TO FABRICATE THE FACTS - HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/LIBERAL-PARTY-OF-CANADA-ELECTION-PROMISES-SEPTEMBER-2017. FYI THE
MIDDLE CLASS TAX CUT WAS SUPPOSED TO BE REVENUE NEUTRAL AND IT WAS NOT - HTTP://WWW.HUFFINGTONPOST.CA/2015/12/07/LIBERALS-MIDDLE-CLASS-TAX-CUT-
RICH_N_8740118.HTML

18. MIDDLE CLASS / MANUFACTURING
• HTTP://WWW.INDUSTRYWEEK.COM/ECONOMY/WHAT-COMPANIES-ARE-REALLY-DOING-THEIR-TAX-WINDFALL-
SO-FAR?NL=IW-
07&SFVC4ENEWS=42&CL=ARTICLE_1&UTM_RID=CPG03000001519274&UTM_CAMPAIGN=24627&UTM
_MEDIUM=EMAIL&ELQ2=5E1ABFA1DA4742658C2AD9E743F1EB46
•
• USA WAGES HAVE BEEN STAGNATED FOR OVER 30+ YEARS -
HTTPS://WWW.YOUTUBE.COM/WATCH?V=XQLDHQ-IJU8
• USA IS FOCUSING ON MANUFACTURING JOBS - HTTPS://WWW.WSJ.COM/LIVECOVERAGE/DECEMBER-2017-
JOBS-REPORT-ANALYSIS. CANADA HAS LOSS A GREAT DEAL OF MANUFACTURING JOBS, ESPECIALLY IN ONTARIO
DUE TO WYNNE AND MCGUINTY FAILED POLICIES - HTTP://BUSINESS.FINANCIALPOST.COM/OPINION/75000-
MANUFACTURING-JOBS-LOST-THATS-THE-PRICE-OF-ONTARIOS-ELECTRICITY-DISASTER. THIS HAS ALSO LED TO
INCOME GROWTH BECOMING STAGNANT IN ONTARIO - HTTP://WWW.HUFFINGTONPOST.CA/CHRISTINE-VAN-
GEYN/STAGNANT-ONTARIO-WAGES-SHOULD-COME-AS-NO-SHOCK-TO-KATHLEEN-WYNNE_A_23216496/

19. CANADA MIDDLE CLASS
• 1980
• 2013

20. MIDDLE CLASS AND ELECTIONS
• HTTPS://BETA.THEGLOBEANDMAIL.COM/NEWS/POLITICS/WHO-ARE-THE-MIDDLE-CLASS-ANYWAY-HOW-
POLITICIANS-RISK-MISSING-THEMARK/ARTICLE26431270/?REF=HTTP://WWW.THEGLOBEANDMAIL.COM&
• Trudeau said he would lower small business corporate
tax to 9% which his party did not.
• Trudeau quotes Harper’s jobs and GDP record and yet
Harper had 2.3% growth after the recession which is
the same Trudeau has for his first two years in office.
https://www.slideshare.net/paulyoungcga/gdp-
economic-growth-canada-february-2018

21. PROFESSIONAL – BRAIN DRAIN
• DIANE FRANCIS: THIS IS NATION-BUSTING STUFF, THE KIND OF DISINCENTIVE THAT UNDERLIES CANADA’S
BRAIN DRAIN OF DOCTORS, NURSES, TECH WORKERS, AND ENTREPRENEURS TO THE U.S.
• THE TOP TAX ONTARIO RATE, FOR THOSE LUCKY ENOUGH TO MAKE A GOOD INCOME (OR PENSION), HAS
SOARED IN ONTARIO FROM 49 PER CENT TO 53.53 PER CENT SINCE 2015 – AN OBSCENE JUMP OF 9.2
PER CENT. IN WHAT UNIVERSE, OR NATION-STATE, DOES THIS OCCUR MINUS THE EXCUSE OF A RECESSION
OR A WAR OR A CALAMITY OF SOME KIND?
• SELF-EMPLOYED PERSONS SUCH AS DOCTORS HAVE BEEN MISTREATED TOO. DIVIDENDS OUT OF THEIR
PERSONAL HOLDING COMPANIES WERE TAXED TEN YEARS AGO AT 30 PER CENT AND THIS YEAR LEAPT BY
12.8 PER CENT FROM 40.13 PER CENT TO 45.3 PER CENT TAX RATES.
• SOURCE - HTTP://BUSINESS.FINANCIALPOST.COM/DIANE-FRANCIS/GOUGING-THE-MIDDLE-CLASS-MUST-END-
OR-THE-BRAIN-DRAIN-TO-THE-U-S-WILL-CONTINUE-UNABATED

22. BRAIN DRAIN

23. LIBERAL TAX CUT
https://www.pressprogress.ca/3_reasons_why_the_middle_
class_tax_cut_does_not_truly_benefit_the_middle_class
Facts:
• Two-thirds of Canadians who earn
less than $45,000 see no benefit
• Canada's wealthiest 10% will get half
of all the benefits from the "middle
class tax cut“
• The new tax changes will not raise
any money
• Middle-income families face higher
personal income taxes due to changes
implemented by the Liberal government
-
https://globalnews.ca/news/3769136/ta
xes-middle-class-liberals/
Impact to the economy
• Provincial policies like hydro will eat into any
savings
• Hikes to CPP will eat into tax cut savings
• Elimination of boutique tax credits for fitness,
textbooks, transit. etc.
• Small Business Tax Proposal
• Reducing the TFSA from 10,000 to 5,500
• Forcing Carbon Tax
• Tax cut is not revenue neutral -
http://business.financialpost.com/personal-
finance/taxes/finance-minister-bill-morneau-says-
liberals-moving-ahead-with-middle-class-tax-cut-
higher-rate-for-wealthy
• Middle class is paying higher taxes -
https://www.theglobeandmail.com/business/comm
entary/article-actually-this-federal-government-
has-raised-taxes-on-canadas-middle/
“Consequently, the elimination of these tax credits
resulted in higher personal income taxes. In fact,
when you compare the value of Mr. Trudeau’s tax-
rate reduction with the loss of tax credits, 81 per
cent of middle-class families (with household
incomes between $77,089 and $107,624)
experienced an increase in their federal tax burden
since 2015. In other words, slightly more than four
out of five middle-class families now face a higher
tax burden.”

24. HARPER FAILURES
• HARPER YEARS, REALLY? I BET YOU DO NOT LOOK AT
DATA, RIGHT?
• HARPER WAS NOT PERFECT BUT DID WAY BETTER JOB THAT
THE LIBERALS!
• HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/STEPHEN
-HARPER-AND-CPC-FISCAL-RECORD-JUNE-2018
• IN 2014 IS WHEN CANADA WAS LEADING THE MIDDLE
CLASS -
HTTPS://WWW.YOUTUBE.COM/WATCH?V=YOL37VCG89C
• HTTPS://TWITTER.COM/BILL_AULT/STATUS/10308596339
87133440
•
More taxes do not help the middle class
• Carbon Taxes do not help an economy, but make things
worse - https://www.slideshare.net/paulyoungcga/climate-
change-the-failed-agenda or
https://www.atlasnetwork.org/news/article/canada-should-
learn-from-australias-failed-carbon-tax-experiment

25. WORKING CLASS EUROPE
HTTPS://VOICEOFEUROPE.COM/2018/12/EUROPE-IS-ON-THE-BRINK-OF-A-WORKING-CLASS-
REVOLUTION-AGAINST-GLOBALIST-GOVERNMENTS/?FBCLID=IWAR1S6B8TFWR-
JUR74S0LFIHDL4FRYJHSLIDSNL4I-PPSM2OPSTGEDE1PFOE
I AM SURPRISED IT TOO THIS LONG. THE MIDDLE WORKING CLASS HAS BEEN UNDER ATTACK FOR
DECADES!
Why is the middle class shrinking

26. FRANCE AND MACRON
• It is not just carbon tax, but also UN migration - https://mynbc15.com/news/nation-world/eu-
nations-increasingly-divided-over-un-migration-pact

27. 2019 TAX INCREASES / CANADA
SOURCE - HTTPS://WWW.THEPOSTMILLENNIAL.COM/92-OF-FAMILIES-FACE-TAX-HIKE-OF-OVER-2200-BEGINNING-IN-2019/AMP/?__TWITTER_IMPRESSION=TRUE OR HTTPS://WWW.FRASERINSTITUTE.ORG/STUDIES/EFFECT-ON-CANADIAN-FAMILIES-OF-
CHANGES-TO-FEDERAL-INCOME-TAX-AND-CPP-PAYROLL-TAX

28. MIDDLE CLASS INCOME AND TAXES
1. Harper was very good for wages growth =
https://business.financialpost.com/opinio
n/william-watson-turns-out-the-harper-
government-was-actually-terrific-for-
wage-growth
2. Harper introduced boutique tax credits
like transit -
https://www.thestar.com/news/gta/2017/
03/24/killing-the-transit-tax-credit-
catches-riders-off-guard-and-could-hurt-
the-ttc.html = Trudeau eliminated the
transit tax credit.
3. Trudeau reduced income taxes by 1.5%
but then eliminated income splitting,
boutique tax credits -
https://torontosun.com/news/national/92
-of-middle-class-families-face-tax-hike-
over-2200-beginning-in-2019-fraser-
institute

29. CARBON TAX / LIBERALS
How is this helping the middle class

30. PER CAPITA INCOME
SOURCE -
HTTP://STATISTICSTIMES.COM/ECONOM
Y/COUNTRIES-BY-PROJECTED-GDP-
CAPITA.PHP OR
WWW.ESAO2017.ORG/WORLDDEVELO
PMENTINDICATORS.PDF OR
HTTPS://WWW.BUSINESSINSIDER.COM/T
HE-RICHEST-COUNTRIES-IN-THE-
WORLD-2016-3#23-ICELAND--GDP-
PER-CAPITA-44575-30957-3
USA has passed Canada on per capita income. Back in 2014
is when Canada’s per capita income was better than USA

31. TRUDEAU AND FOREIGN POLICY
• Canada depends on trade. Export driven jobs pay on
average about 25% more than the service sector -
https://www.slideshare.net/paulyoungcga/importanc
e-of-trade-canada-with-the-rest-of-the-world-
january-2019
• Trudeau constantly blames Harper. This was the same
ploy used in 2015.
• Trudeau only claim to fame was he made a tax cut of
1.5%. Trudeau never mentioned that policy was a
failure -
https://www.theglobeandmail.com/politics/article-
high-income-earners-paid-46-billion-less-in-taxes-
in-2016-despite/
• The child benefit will not reduce child poverty by
300,000. The drop is likely about 75,000
http://rabble.ca/columnists/2018/08/liberals-new-
poverty-reduction-strategy-more-pr-strategy

32. WHAT’S NEXT
• CANADA NEEDS TO REVIEW ALL ITS POLICIES INCLUDING TAXATION AND
REGULATIONS. CANADA IS LAGGING BEHIND COUNTRIES LIKE USA IN TERMS
OF PRODUCTIVITY, COST COMPETITIVENESS AND FDI
• CANADA HAS SEEN LARGE GROWTH IN SELF-EMPLOYMENT SINCE OCTOBER
2015. THE LIBERALS DECIDED TO INTRODUCED CHANGES TO INCOME
SPRINKLING AND PASSIVE INCOME. THESE AFOREMENTIONED CHANGES
SHOULD BE REVERSED.
• CANADA NEEDS TO KILL C69 (HTTPS://OMNY.FM/SHOWS/DANIELLE-
SMITH/BILL-C-69-AND-PETROLEUM-SERVICES-ASSOCIATION-OF-CA)
• CANADA NEEDS TO RE-THINK ITS SKILL MANAGEMENT POLICIES TO ENSURE
STUDENTS ARE BETTER ALIGN WITH JOBS OF TODAY AND TOMORROW -
HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/WHAT-ARE-SKILLS-
REQUIRED-TO-HAVE-A-SUCCESSFUL-CAREER
• IMMIGRATION SHOULD NOT BE BASED ON A QUOTA, BUT ALIGNMENT WITH
SKILLS GAPS AND FDI -
HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/IMMIGRATION-CANADA-
ANALYSIS-AND-RECOMMENDATIONS
• THE GOVERNMENT NEEDS TO FOCUS ON MAKING THE INCOME SYSTEM MORE
FAIRER - HTTPS://WWW.SLIDESHARE.NET/PAULYOUNGCGA/2019-ELECTION-
TAXATION-REFORMING-THE-ITA-AND-SHUTTING-DOWN-TAX-HAVENS
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