This presentation includes information on municipal government and affairs. The information will guide people to asking questions of their politicians when it comes to managing both the taxes and social spending with their various local governments.
2019 Election Issues| Municipal and Local Government| Issues and Analysis - M...paul young cpa, cga
Too many elected councilors do not read AG reports or F/S or other reports but are quick to blame provincial government when funding cuts are made.
Business always has to adjust to changes with their customer as such why are municipal govt not doing more gap action work as part of managing their fiscal management cycle.
Government Policies and Issues Municipalities and Cities - Canada - January...paul young cpa, cga
There is allot of misconceptions when it comes to municipal government across Canada. This presentation clarifies the responsibilities as well as the issues facing municipal governments across Canada.
It should also be noted previous elections provincial governments were less than truthful when it came to how either the money flows to/from various governments or within various governments.
Government policies and issues - Municipalities and Cities - Canada - july 2017paul young cpa, cga
It is very easy to print money via taxation, but it is more difficult to fix systemic issues with delivering of taxation to various municipal programs.
This presentation includes a look at all levels of government undertaking more value for money audits. Some of the value for money audits could be set up via automation through triggers as way to ensure taxpayers dollars are maximised as part of delivering program spending.
Government policies and issues - Municipalities and Cities - Canada paul young cpa, cga
This presentation will discuss the policies and issues facing municipalities and cities in Canada.
Municipalities are 3rd tier of government after provincial and federal government.
Morneau “"I think Canadians will make their decisions based on those economic outcomes. I think people will see Andrew Scheer does not have a credible approach for the economy and our approach to the economy is actually working," he told reporters at an event at Toronto's Ryerson University. "There are obviously continuing challenges ... people in Alberta are facing a challenge around the changing oil and gas sector. Those issues are real. But what we're also seeing across the country is significantly more people employed.“ -Source - https://www.cbc.ca/news/politics/scheer-economic-address-energy-corridor-1.5138649
There many facets to the economy including how to bet get goods to market in environmentally sustainable way. The problem is the liberals never had the answers as you will see with this presentation as it focus on taxation, regulations, fdi, trade, environment, employment and innovation.
Hospitality and Food Service Sector| Canada| September 2021paul young cpa, cga
On a seasonally adjusted basis, sales in the food service and drinking places subsector remained unchanged (+0.0%) at $6.3 billion in September 2021 compared with the previous month. Sales at full-service restaurants (-2.0%) and drinking places (-12.3%) fell, while sales at limited service eating places were up +2.0%. Special food services rose 6.6% as cafeterias re-opened in schools and workplaces and more catered special events were allowed to take place.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/211123/dq211123c-eng.htm
1. AI - https://www.analyticsinsight.net/during-the-second-surge-artificial-intelligence-ai-is-on-the-rise-in-the-hospitality-industry/
2. Hotel management- https://www.hotelmanagement.net/tech/10-ways-smart-technology-reshaping-hotel-industry
3. Trends - https://www.gray.com/insights/eight-key-food-beverage-trends-for-2021/
4. ESG - https://ca.movies.yahoo.com/food-beverage-companies-want-build-160713096.html
5. Food deliver - https://secondmeasure.com/datapoints/food-delivery-services-grubhub-uber-eats-doordash-postmates/
6. Food costs - https://www.entrepreneur.com/article/398327
7. Digital - https://www.pymnts.com/restaurant-innovation/2021/digital-food-ordering-is-changing-the-restaurant-industry-from-outside-in/
8. Performance - https://www.pymnts.com/restaurant-innovation/2021/digital-food-ordering-is-changing-the-restaurant-industry-from-outside-in/
9. Augment reality - https://ca.finance.yahoo.com/news/niantic-raises-300m-9b-valuation-222423287.html
10. Cybersecurity - https://www.bdo.ca/en-ca/insights/advisory/cybersecurity/boosting-the-cybersecurity-nexus/
Unions have a role to ensure they work with companies as part of the collective bargaining agreement
Unions have said little or nothing when it comes to policies that hinder Canada’s competitive position
CPC introduced oversight which was reversed by Trudeau and the Liberals - http://business.financialpost.com/opinion/trudeau-gives-big-labour-a-pass
2019 Election Issues| Municipal and Local Government| Issues and Analysis - M...paul young cpa, cga
Too many elected councilors do not read AG reports or F/S or other reports but are quick to blame provincial government when funding cuts are made.
Business always has to adjust to changes with their customer as such why are municipal govt not doing more gap action work as part of managing their fiscal management cycle.
Government Policies and Issues Municipalities and Cities - Canada - January...paul young cpa, cga
There is allot of misconceptions when it comes to municipal government across Canada. This presentation clarifies the responsibilities as well as the issues facing municipal governments across Canada.
It should also be noted previous elections provincial governments were less than truthful when it came to how either the money flows to/from various governments or within various governments.
Government policies and issues - Municipalities and Cities - Canada - july 2017paul young cpa, cga
It is very easy to print money via taxation, but it is more difficult to fix systemic issues with delivering of taxation to various municipal programs.
This presentation includes a look at all levels of government undertaking more value for money audits. Some of the value for money audits could be set up via automation through triggers as way to ensure taxpayers dollars are maximised as part of delivering program spending.
Government policies and issues - Municipalities and Cities - Canada paul young cpa, cga
This presentation will discuss the policies and issues facing municipalities and cities in Canada.
Municipalities are 3rd tier of government after provincial and federal government.
Morneau “"I think Canadians will make their decisions based on those economic outcomes. I think people will see Andrew Scheer does not have a credible approach for the economy and our approach to the economy is actually working," he told reporters at an event at Toronto's Ryerson University. "There are obviously continuing challenges ... people in Alberta are facing a challenge around the changing oil and gas sector. Those issues are real. But what we're also seeing across the country is significantly more people employed.“ -Source - https://www.cbc.ca/news/politics/scheer-economic-address-energy-corridor-1.5138649
There many facets to the economy including how to bet get goods to market in environmentally sustainable way. The problem is the liberals never had the answers as you will see with this presentation as it focus on taxation, regulations, fdi, trade, environment, employment and innovation.
Hospitality and Food Service Sector| Canada| September 2021paul young cpa, cga
On a seasonally adjusted basis, sales in the food service and drinking places subsector remained unchanged (+0.0%) at $6.3 billion in September 2021 compared with the previous month. Sales at full-service restaurants (-2.0%) and drinking places (-12.3%) fell, while sales at limited service eating places were up +2.0%. Special food services rose 6.6% as cafeterias re-opened in schools and workplaces and more catered special events were allowed to take place.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/211123/dq211123c-eng.htm
1. AI - https://www.analyticsinsight.net/during-the-second-surge-artificial-intelligence-ai-is-on-the-rise-in-the-hospitality-industry/
2. Hotel management- https://www.hotelmanagement.net/tech/10-ways-smart-technology-reshaping-hotel-industry
3. Trends - https://www.gray.com/insights/eight-key-food-beverage-trends-for-2021/
4. ESG - https://ca.movies.yahoo.com/food-beverage-companies-want-build-160713096.html
5. Food deliver - https://secondmeasure.com/datapoints/food-delivery-services-grubhub-uber-eats-doordash-postmates/
6. Food costs - https://www.entrepreneur.com/article/398327
7. Digital - https://www.pymnts.com/restaurant-innovation/2021/digital-food-ordering-is-changing-the-restaurant-industry-from-outside-in/
8. Performance - https://www.pymnts.com/restaurant-innovation/2021/digital-food-ordering-is-changing-the-restaurant-industry-from-outside-in/
9. Augment reality - https://ca.finance.yahoo.com/news/niantic-raises-300m-9b-valuation-222423287.html
10. Cybersecurity - https://www.bdo.ca/en-ca/insights/advisory/cybersecurity/boosting-the-cybersecurity-nexus/
Unions have a role to ensure they work with companies as part of the collective bargaining agreement
Unions have said little or nothing when it comes to policies that hinder Canada’s competitive position
CPC introduced oversight which was reversed by Trudeau and the Liberals - http://business.financialpost.com/opinion/trudeau-gives-big-labour-a-pass
All government program spending needs to go through value for money including changes to the costing model
Too many governments are not getting value for their government services.
Government needs to become lean - https://fcpp.org/2018/10/12/employment-data-shows-canadas-public-sector-getting-fatter/
Canada needs to have competitive tax rates or risk a brain drain - https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
Canada needs have govts that support policies that encourage business investment - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
2019 Election| Who do you just more when it comes to Retirement Planning?paul young cpa, cga
This presentation looks at the issues facing various pension plans across Canada as well as looks to see if people are saving for retirement
This presentation will also discuss the seniors concerns going into the 2019 election
This presentation discusses the role of corporate taxation in terms of taxation policies for a country. The presentation will show flow taxation as well as how corporation contribute payroll taxes, GST, etc to government taxation. It is taxation that funds program spending.
2019 Election| Seniors and Retirement | Canada | July 2019paul young cpa, cga
This presentation looks at the issues facing various pension plans across Canada as well as looks to see if people are saving for retirement
This presentation will also discuss the seniors concerns going into the 2019 election
Average weekly earnings of non-farm payroll employees were $1,023 in April, up 0.7% from March. Compared with 12 months earlier, earnings grew by 2.9%. (FYI – Goods Producing Sector average is 1.5%. The spike is primarily to do with retail wages.
In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.
Non-farm payroll employees worked an average of 32.8 hours per week in April, unchanged from the previous month and little changed from 12 months earlier.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190627/dq190627b-eng.htm
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.
2019 Election| Retirement| Seniors and CPP| Canada | July 2019paul young cpa, cga
Canadian Seniors
Liberals love to mislead people on what Harper and the CPC did for seniors:
1. Carbon tax hurts so people on fixed income – Carbon tax is regressive tax - https://news.ontario.ca/ene/en/2019/04/ontario-stands-up-for-seniors-by-opposing-the-costly-federal-carbon-tax-1.html
2. OAS needs to be affordable - https://www.theglobeandmail.com/investing/personal-finance/article-how-raising-the-age-for-cpp-and-oas-to-67-would-benefit-the-whole/
3. Seniors and Poverty - https://cpj.ca/poverty-trends-2018/
4. Harper introduced Pension Splitting https://www.moneysense.ca/news/trudeau-harper-clash-over-pensions-and-income-splitting/
5. Harper spent on Elderly benefits - https://globalnews.ca/news/2222185/reality-check-trudeaus-claim-harper-slashes-funding-to-balance-budget-falls-flat/
Who is better at managing CPP?
• @justintrudeau decided to hike CPP rates as part of his feel-good policies. CPP is a tax!
• @Andrewscheer policies will be like Harper that is hold CPP premium growth to inflation
Alberta has no path to balance budget
Alberta’s debt service costs are now close to $2B/year
Alberta using the same failed model as Ontario when incomes to funding clean technology
AB new jobs have been public sector and not private sector.
This presentation will discuss Ontario's economy including areas like FDI, Hydro Rates, Capital Investment, Taxation and Carbon Taxation.
The presentation will look at economic data related to housing starts, retail sales, exports and manufacturing.
The presentation will also highlight government policies in areas like hydro rates, innovation, carbon taxation and debt/deficit.
Canada continues to face hurdles when it comes to addressing issues with productivity.
1. Canada productivity – https://cabe.ca/webinar/rhetoric-vs-results-shaping-policy-to-benefit-canadas-middle-class/
2. Middle class - https://cabe.ca/webinar/rhetoric-vs-results-shaping-policy-to-benefit-canadas-middle-class/
3. Supply chain - https://fortune.com/2021/12/01/port-of-vancouver-flooding-supply-chain-disruption-logistics/
4. Mining - https://www.mining.com/canadas-mining-sector-top-target-market-for-fdi-deals-from-asia-pacific-region/
5. Top manufacturers - https://clutch.co/ca/logistics/manufacturing-companies
6. Automation - https://www.prnewswire.com/news-releases/robot-race-the-worlds-top-10-automated-countries--international-federation-of-robotics-reports-301216237.html
7. Agriculture - https://www.realagriculture.com/2021/11/canadian-government-still-undecided-on-u-s-invitation-to-join-coalition-focused-on-agricultural-productivity/
8. Canada is rank 13th on global resiliency for 2021 - https://newsroom.fmglobal.com/releases/denmark-bumps-norway-from-top-spot-in-the-2021-fm-global-resilience-index as compare to compared to 8th in 2015 - https://newsroom.fmglobal.com/releases/denmark-bumps-norway-from-top-spot-in-the-2021-fm-global-resilience-index
9. Australia continues to outpace Canada in terms of developing its natural resources in a sustainable way - https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020 or https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020
10. CAN’s natural resources wealth decline in 2020.The effective tax rate was unchanged from 2018 to 2019 for high-income earners. Dividend income led to rising in total income. https://www.slideshare.net/paulyoungcga/wealth-and-taxation-fairness-november-2021
Municipal government exist to provide programs and services at the municipal level.
Provincial governments in various municipal acts that govern how municipalities operate across Canada
Limitation on how municipal government can raise taxation
Powers over the size of government
Approximately 98% of taxation comes from the following areas
Property Taxes
User Fees
Municipal government is responsible for the following areas
Emergency Services (Fire and Police)
Infrastructure (Roads, Bridges, Sewer, Water Treatment and lighting, etc)
Parks and Recreation (pools, parks, arenas, etc)
Other areas
All government program spending needs to go through value for money including changes to the costing model
Too many governments are not getting value for their government services.
Government needs to become lean - https://fcpp.org/2018/10/12/employment-data-shows-canadas-public-sector-getting-fatter/
Canada needs to have competitive tax rates or risk a brain drain - https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
Canada needs have govts that support policies that encourage business investment - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
2019 Election| Who do you just more when it comes to Retirement Planning?paul young cpa, cga
This presentation looks at the issues facing various pension plans across Canada as well as looks to see if people are saving for retirement
This presentation will also discuss the seniors concerns going into the 2019 election
This presentation discusses the role of corporate taxation in terms of taxation policies for a country. The presentation will show flow taxation as well as how corporation contribute payroll taxes, GST, etc to government taxation. It is taxation that funds program spending.
2019 Election| Seniors and Retirement | Canada | July 2019paul young cpa, cga
This presentation looks at the issues facing various pension plans across Canada as well as looks to see if people are saving for retirement
This presentation will also discuss the seniors concerns going into the 2019 election
Average weekly earnings of non-farm payroll employees were $1,023 in April, up 0.7% from March. Compared with 12 months earlier, earnings grew by 2.9%. (FYI – Goods Producing Sector average is 1.5%. The spike is primarily to do with retail wages.
In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.
Non-farm payroll employees worked an average of 32.8 hours per week in April, unchanged from the previous month and little changed from 12 months earlier.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190627/dq190627b-eng.htm
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.
2019 Election| Retirement| Seniors and CPP| Canada | July 2019paul young cpa, cga
Canadian Seniors
Liberals love to mislead people on what Harper and the CPC did for seniors:
1. Carbon tax hurts so people on fixed income – Carbon tax is regressive tax - https://news.ontario.ca/ene/en/2019/04/ontario-stands-up-for-seniors-by-opposing-the-costly-federal-carbon-tax-1.html
2. OAS needs to be affordable - https://www.theglobeandmail.com/investing/personal-finance/article-how-raising-the-age-for-cpp-and-oas-to-67-would-benefit-the-whole/
3. Seniors and Poverty - https://cpj.ca/poverty-trends-2018/
4. Harper introduced Pension Splitting https://www.moneysense.ca/news/trudeau-harper-clash-over-pensions-and-income-splitting/
5. Harper spent on Elderly benefits - https://globalnews.ca/news/2222185/reality-check-trudeaus-claim-harper-slashes-funding-to-balance-budget-falls-flat/
Who is better at managing CPP?
• @justintrudeau decided to hike CPP rates as part of his feel-good policies. CPP is a tax!
• @Andrewscheer policies will be like Harper that is hold CPP premium growth to inflation
Alberta has no path to balance budget
Alberta’s debt service costs are now close to $2B/year
Alberta using the same failed model as Ontario when incomes to funding clean technology
AB new jobs have been public sector and not private sector.
This presentation will discuss Ontario's economy including areas like FDI, Hydro Rates, Capital Investment, Taxation and Carbon Taxation.
The presentation will look at economic data related to housing starts, retail sales, exports and manufacturing.
The presentation will also highlight government policies in areas like hydro rates, innovation, carbon taxation and debt/deficit.
Canada continues to face hurdles when it comes to addressing issues with productivity.
1. Canada productivity – https://cabe.ca/webinar/rhetoric-vs-results-shaping-policy-to-benefit-canadas-middle-class/
2. Middle class - https://cabe.ca/webinar/rhetoric-vs-results-shaping-policy-to-benefit-canadas-middle-class/
3. Supply chain - https://fortune.com/2021/12/01/port-of-vancouver-flooding-supply-chain-disruption-logistics/
4. Mining - https://www.mining.com/canadas-mining-sector-top-target-market-for-fdi-deals-from-asia-pacific-region/
5. Top manufacturers - https://clutch.co/ca/logistics/manufacturing-companies
6. Automation - https://www.prnewswire.com/news-releases/robot-race-the-worlds-top-10-automated-countries--international-federation-of-robotics-reports-301216237.html
7. Agriculture - https://www.realagriculture.com/2021/11/canadian-government-still-undecided-on-u-s-invitation-to-join-coalition-focused-on-agricultural-productivity/
8. Canada is rank 13th on global resiliency for 2021 - https://newsroom.fmglobal.com/releases/denmark-bumps-norway-from-top-spot-in-the-2021-fm-global-resilience-index as compare to compared to 8th in 2015 - https://newsroom.fmglobal.com/releases/denmark-bumps-norway-from-top-spot-in-the-2021-fm-global-resilience-index
9. Australia continues to outpace Canada in terms of developing its natural resources in a sustainable way - https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020 or https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020
10. CAN’s natural resources wealth decline in 2020.The effective tax rate was unchanged from 2018 to 2019 for high-income earners. Dividend income led to rising in total income. https://www.slideshare.net/paulyoungcga/wealth-and-taxation-fairness-november-2021
Municipal government exist to provide programs and services at the municipal level.
Provincial governments in various municipal acts that govern how municipalities operate across Canada
Limitation on how municipal government can raise taxation
Powers over the size of government
Approximately 98% of taxation comes from the following areas
Property Taxes
User Fees
Municipal government is responsible for the following areas
Emergency Services (Fire and Police)
Infrastructure (Roads, Bridges, Sewer, Water Treatment and lighting, etc)
Parks and Recreation (pools, parks, arenas, etc)
Other areas
Government Policies and Issues - Municipalities and Cities - Canada - June 2017paul young cpa, cga
This presentation looks at the issues facing municipal and local governments across Canada. The focus is on infrastructure, public safety and other services delivered by local government.
Blog – Private Sector vs Public Sector Employment
I have always supported program spending as long it is effective and delivered with value for money. I have also supported tax fairness in terms of closing tax havens, fixing the tax code, eliminating regressive taxes like carbon taxes, etc.
Government at all levels continue to struggle with its adoption of digital footprint for government. Government needs to put more focus on how best to delivered program spending through the adoption of better processes including technological solutions.
1. Average government salary / Canada - https://ca.talent.com/salary?job=government - $58K or about $80K when you factor in the perks, i.e., benefits, pensions, etc.
2. Big government - https://www.hilltimes.com/2021/10/06/whats-ahead-for-small-government-crusaders-in-the-wake-of-covid-19/321415
3. Pension - https://www.gov.uk/government/consultations/public-service-pensions-cost-control-mechanism-consultation
4. Public accounting - https://www.pioneerspost.com/news-views/20211005/go-figure-why-public-accounting-doesnt-add-on-social-value
5. Red tape - https://new.in-24.com/business/242792.html
6. Sunshine list - https://toronto.ctvnews.ca/ontario-s-2020-sunshine-list-revealed-here-are-the-people-who-got-paid-the-most-1.5354551
7. Teacher pension funding - https://www.otpp.com/members/cms/en/life-career-events/the-basics/contributing-to-your-pension/calculating-contributions.html
8. Defined benefit plan - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-db-pension-plan-returns-dip-balance-sheets-stable-in-september-report/
9. Waste and fraud - https://thebrunswicknews.com/opinion/daily_editorial/waste-fraud-continue-to-hinder-government-spending/article_9163d765-f4ea-5124-abb0-279dd14126b2.html
10. Fiscal policy - https://www.timesrepublican.com/opinion/columnists/2021/10/no-government-spending-isnt-zero-cost/
11. https://globalnews.ca/news/8191700/unions-oppose-otoole-vote-not-conservative/ You can bet @UniforTheUnion and other unions do not look at economic data. The economy has performed worse under @JustinTrudeau er. It is time to bring back mandatory reporting of how union dues are spent! https://www.slideshare.net/paulyoungcga/public-and-private-sector-unions-analysis-and-commentary or https://www.slideshare.net/paulyoungcga/what-is-the-path-forward-for-canada-250124979
12. https://www.slideshare.net/paulyoungcga/how-to-transform-the-fiscal-and-governance-model-for-canada-and-the-world
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
This presentation looks at key areas of policy as part of looking a how best to deliver tax fairness along with value for money for all program spending.
This presentation looks at key areas that need to be transformed as part of delivery program spending as well as addressing tax fairness. The presentation focuses on Canada. Many areas that are impacting Canada are also impacting other countries
2019 Election| Public Sector Efficiency| Canada| July 2019paul young cpa, cga
The time for big government is now gone. Government needs to be re-size to ensure maximum value is being achieved for tax dollars that are collected by all levels of government.
How is Public Transit doing around the World - August 2023.pptxpaul young cpa, cga
Blog – Large Urban Transit Analysis and Commentary – August 2023
Summary:
Large urban transit ridership for both Canada and the United States continues to hover around 72% capacity.
Budget shortfalls continue to plague municipalities as part of supporting their transit systems.
Spending on green transits continues to grow as part of net zero. Recovering the new capital and maintenance for green transit needs to be part of the integrated planning and reporting cycles
Additional sources and links:
VTA - https://www.masstransitmag.com/management/news/53069776/ca-vta-has-one-of-the-best-transit-recoveries-in-the-nation-but-ridership-is-still-down-from-prepandemic-numbers
NJ Transit - https://www.njspotlightnews.org/2023/08/nj-transit-money-woes-make-fare-hikes-service-cuts-possible/
Green Transit - https://www.stcatharinesstandard.ca/news/niagara-region/new-investments-could-fuel-green-future-for-niagara-transit/article_86e115ee-cd10-578c-b2ef-8b78e5cb604c.html
Green investment - https://www.carboncollective.co/sustainable-investing/green-mutual-fund
Funding gaps - https://www.theglobeandmail.com/canada/article-toronto-is-considering-new-taxes-to-take-on-increasing-fiscal-pressure/
Chicago and Transit - https://www.planetizen.com/news/2023/08/125185-chicago-transit-could-see-consolidated-agencies-fare-systems
Optimization - https://cloudmonitor.ai/how-transport-for-nsw-optimized-their-data-lake-to-reduce-their-opex-costs-by-22-customer-success-story/
Busess - https://www.sustainable-bus.com/news/eu-sales-of-e-buses-increased-by-34-in-first-half-of-2023-according-to-acea/
BC Transit
https://www.sustainable-bus.com/electric-bus/canada-bc-transit-electric-buses-115/
Infrastructure is aging not just in Canada, but around the world
There are systemic issues with municipalities that are putting strains on their budget like labor cost
Transit projects are heavily subsidized
Only $10B was allocated to support exports.
Government has talked about selling off airports and ports
Liberals are playing games as part of setting up for a new mandate.
Similar to 2019 Election| Municipal Government and Affairs| Canada| August 2019 (20)
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
2019 Election| Municipal Government and Affairs| Canada| August 2019
1. MUNICIPAL AFFAIRS – ISSUES AND
SOLUTIONS – MUNICIPAL
GOVERNMENT
BY: PAUL YOUNG, CPA, CGA
DATE: AUGUST 31, 2019
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Financial Solutions (FOPM/FPM)
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Advance Technology and
Market Entry
• SME – Supply Chain Management
• SME – Business Strategy and
Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com
3. AGENDA
1. Constitution Powers
2. Town of Orangeville (F/S Sample)
3. City of Hamilton (F/S Sample)
4. Government Financial Reporting
5. Operational Issues
6. Capital Spending
7. Municipal Issues
8. Greenbelt
9. Blog – Infrastructure
10.Blog – Big City vs Rural
11.Blog – Liberal Party of Ontario – Waste and
Misinformation
12.Blog – Conservation authority
13.Blog – Property Tax
14.Blog – Municipal Affairs
15.Blog – Daycare
16.Blog – City of Toronto
17.Blog – GAP Analysis (School Boards and Local
Government)
18.Tweet – City of Toronto
19.Lean Government
4. INTRODUCTO
RY
• Municipal government exist to provide programs and
services at the municipal level.
• Provincial governments in various municipal acts that
govern how municipalities operate across Canada
• Limitation on how municipal government can raise
taxation
• Powers over the size of government
• Approximately 98% of taxation comes from the
following areas
• Property Taxes
• User Fees
• Municipal government is responsible for the following
areas
• Emergency Services (Fire and Police)
• Infrastructure (Roads, Bridges, Sewer, Water
Treatment and lighting, etc)
• Parks and Recreation (pools, parks, arenas, etc)
• Other areas
5. MUNICIPAL ACT
Two Acts
• Municipal Act – 2001
• Toronto Act - 2006
Objective
The Municipal Act, 2001 (the Act) recognizes municipalities as
responsible local governments with a broad range of
powers. The Act balances increased local autonomy and
flexibility with requirements for improved accountability and
transparency of municipal operations.
• Source - http://www.mah.gov.on.ca/Page184.aspx
6. CONSTITUTIONAL POWERS
• Source - http://www.mah.gov.on.ca/Page184.aspx or https://www.amo.on.ca/AMO-Content/Municipal-101/How-Municipal-Government-Works or https://lop.parl.ca/About/Parliament/Education/ourcountryourparliament/html_booklet/three-levels-
“The notwithstanding clause isn’t something you toss around
lightly,” Smokey Thomas, president of the Ontario Public Service
Employees Union, said in a statement. “If Conservative MPPs
respect democracy and the judicial system, now’s their chance to
take back their party.”
Smokey Thomas – OPSEU Union President – September 12, 2018
Source -
https://www.canadianmanufacturing.com/regulation/this-is-
about-preserving-democracy-ford-defends-moves-on-council-
cutting-plan-219260/
Municipal Act
The provincial government by law can change the size of
government
Source - https://www.canlii.org/en/on/laws/stat/rso-1990-c-
m45/latest/rso-1990-c-m45.html or
https://news.ontario.ca/opo/en/2018/07/the-better-local-
government-act.html
7. 2018
ELECTION
ISSUES
Issues
1. Arbitration (arbitration is not based on the
municipalities ability to pay)
2. Crumpling infrastructure (move moneys
required for roads, bridges and sewers)
3. OPP costs continue to rise for municipalities
4. Economic development (creating new jobs)
5. Clean Technology (forcing clean technologies
on to municipalities without their consent)
6. Declining school enrolment forcing school
closures (ARC studies)
7. Lack of affordable housing
8. Rural vs Big City
9. Size of Council
8. 1. The grants are from the gas tax and build Canada fund
2. Many municipalities are struggling with a broken arbitration
system - http://business.financialpost.com/opinion/the-
ontario-laws-that-force-cities-to-keep-spending-more-on-
unionized-workers
3. Towns that switch to OPP see costs go up -
http://www.haliburtonecho.ca/opp-costs-too-high
4. Union Support – OPFFA -
http://www.cbc.ca/news/canada/toronto/ontario-political-
party-fundraising-largest-donors-1.3540674. 2014 election
seen municipal workers claiming their jobs would be cut and
that was not going to be case. 96% of the municipal budget
comes from local sources. There are grants, but those grants
are for infrastructure
5. Economic development –
http://www.windconcernsontario.ca/municipalities-demand-
halt-to-wind-power-development-in-ontario/ or
https://www.theglobeandmail.com/opinion/is-ontarios-land-
plan-driving-housing-prices-higher/article31894191/
9. CITY OF HAMILTON – F/S
Source - https://d3fpllf1m7bbt3.cloudfront.net/sites/default/files/media/browser/2018-
06-25/2017-hamilton-financial-report.pdf
Elected Govt # Size
MP 5 107,300
MPP 5 107,300
City
Councillors
15 35,800
Cost
• Salary $90,385 + perks
• Councillor office budgets
Source -
https://www.cbc.ca/news/canada/toronto/som
e-councillors-from-smaller-gta-
municipalities-making-big-bucks-1.4609427
or
https://www.cbc.ca/news/canada/hamilton/he
adlines/change-to-how-city-councillors-get-
paid-will-cost-taxpayers-434k-1.3186325
11. DAYCARE AND MUNICIPAL BUDGETS
• Federal government plays a limited role -
https://findingqualitychildcare.ca/child-care-in-canada/who-is-
responsible
• Cities provide funding to daycare through local taxes -
https://www.hamilton.ca/operating-business/child-care-operators
• AG for Ontario has called out daycare – Source -
www.auditor.on.ca/en/content/annualreports/arreports/en14/302en
14.pdf
• Municipal governments have called out waste when it comes to
delivering affordable childcare -
https://www.cbc.ca/news/canada/ottawa/mismanagement-child-
care-subsidies-costing-city-audit-1.4426337
16. MARKET SIZE / POTENTIAL
Source – Next big Future – March 6, 2017
17. CAN AI REALLY CREATE 800,000+ JOBS BY 2021?
THIS REPORT SAYS YES
• http://www.techrepublic.com/article/can-ai-really-create-800000-jobs-by-2021-this-report-says-
yes/?ftag=TREe01923b&bhid=23321323188161054569322732153870
New research from IDC, released by Salesforce, claims that
artificial intelligence (AI) will create 823,734 jobs by the year
2021, surpassing the number of jobs lost to AI technologies
such as machine learning and automation. Additionally, the
report predicted that AI will increase global business
revenues by $1.1 trillion in the same time frame.
The two statistics mentioned above will both come about as
a result of "efficiencies driven by AI in CRM," the report
found. And, if one includes indirect obs, the number of jobs
added by AI jumps to 2 million. "This is a net-positive figure
in that it includes an estimate of jobs lost to automation
from AI," according to the report.
18. ACCOUNTING SYSTEMS – AI AND REPORTING
Tools/Financial
• ETL (Datawatch)
• Analytics (OLAP,
add-ins, data
warehouse,
Microsoft Excel
AI and Finance
• Analysis Credit Reporting and Accounts
Receivable
• Analysis Inventory reporting (trends)
• Liabilities/asset testing (pensions,
environmental, drug trials, capital asset
utilization, supply chain (risk analytics,
financial stress testing, automation internal
audit procedures (test/analysis)
• Key market trends/Sales
• Assessing program spending
• Internal Controls / Procurement
19. AI AND OFFICE OF FINANCE
• Office of Finance is part of business decisions (finance and cost)
• Many business process could be automated (Big Data => analyzed
=> Management Reports)
• Accounting Systems have over time reduced the need for manual
input (automation of processes)
• Storing the rules (accounting, tax, pricing, etc.) and then crunch the
big data as part of analyzing the business
• Cost controls (Internal Audit, cybersecurity, approval processes)
20. OTHER SOURCES
• Close, Consolidate and Reporting Process -
https://www.slideshare.net/paulyoungcga/close-consolidate-and-
reporting-cfo-and-office-of-finance
• Internal Audit - https://www.slideshare.net/paulyoungcga/artificial-
intelligence-ai-with-value-for-money-auditing
• Internal audit/Automation -
https://www.slideshare.net/paulyoungcga/internal-audits-automated-
solutions-office-of-finance-and-cfo
• IBM and AI - https://www.ibm.com/watson/
• Reporting Challenges for Business -
https://www.slideshare.net/paulyoungcga/reporting-challenges-for-
accounting-and-finance-january-2017
22. Here are key issues facing the cities
• Development fees are drying up due to lack of land available for
development
• Arbitration – OPP settlements have put pressure on municipal budgets
due to matching of those settlements. OPP Costs -
http://www.durhamregion.com/news-story/4414447-municipalities-
pushing-back-against-opp-costs/ or Arbitration -
http://www.thestar.com/opinion/editorialopinion/2012/02/28/ontario_
municipalities_struggle_with_cost_of_essential_services.html or
http://www.parrysound.com/news-story/5447183-new-opp-billing-
model-angers-municipalities/ or
https://ca.news.yahoo.com/blogs/dailybrew/are-police-officers-
getting-paid-too-much-174554130.html
• OMERS – OMERS is underfunded as such the municipalities will be part of
the pension solution
http://www.omers.com/corporate/news_article.aspx?newsid=7000
• Transportation – Why are you not pushing Ontario Government for an
integrated solution for transit including using GO with TTC as well as
other Transit systems to help move people around the city?
http://www.metrolinx.com/en/docs/pdf/board_agenda/20140905/201
40905_BoardMtg_PPI_Report_EN.pdf
• Size of Government – You increased your staff budget when other parts
of the economy have either cut or reduced their costs. You have asked
other departments to cut, but you grew your budget, why?
http://www.torontosun.com/2015/02/12/crombie-says-22-
23. • Here are key issues facing the cities
• Build Canada and Gas Tax Funds link Municipalities: http://www.slideshare.net/paulyoungcga/municipalities-canada
• Economic Development - Key Market Indicators KPIs for January 2015 - http://www.slideshare.net/paulyoungcga/key-
market-and-industry-indicators-for-canada-january-2015
• Hydro Rates/Rental - http://www.slideshare.net/paulyoungcga/power-generation-canada
• Housing Prices - http://www.cbc.ca/news2/interactives/housing-canada/
• Property Taxes - http://c.ymcdn.com/sites/www.realpac.ca/resource/resmgr/research/2013_realpac_-_altus_propert.pdf
• Greenbelt Legislation - http://www.mah.gov.on.ca/Page195.aspx.
• CPPIB Proposal - http://news.nationalpost.com/2015/01/23/kelly-mcparland-justin-trudeaus-hidden-agenda/
• OPP Costs - http://www.durhamregion.com/news-story/4414447-municipalities-pushing-back-against-opp-costs/
• Arbitration -
http://www.thestar.com/opinion/editorialopinion/2012/02/28/ontario_municipalities_struggle_with_cost_of_essential_servi
ces.html.
• Private Sector –vs- Public Sector - http://www.cfib-fcei.ca/english/article/6301-a-closer-look-at-private-public-sector-
wage-gaps.html.
• P3 Failures http://www.auditor.on.ca/en/reports_en/en14/305en14.pdf
• Corporation taxation http://www.slideshare.net/paulyoungcga/corporation-taxation-canada-44675640.
• Internal trade barriers - http://www.slideshare.net/paulyoungcga/internal-trade-canada. Wynne will not budge on union
contracts - http://www.theglobeandmail.com/news/politics/saskatchewan-premier-wall-threatens-retaliation-over-
34. DOWNLOADIN
G
• T here are a range of ways this happens, but some of the
most common forms of senior government downloading
include:
• Direct offloading of federal or provincial programs and/or
responsibilities without adequate funding or revenue tools;
• Regulatory changes that require spending by municipalities.
• Enforcement of federal and provincial regulations;
• Cancellation of programs and services that are needed or
expected by the public;
• Reduction or cancellation of senior government transfers or
program funding;
• Programs that are paid for municipally, but where
municipalities have little control over costs;
• Grant-based or 'one time only' funding of downloaded or
new programs encouraged by senior governments;
• Underinvestment by senior governments in infrastructure
maintenance, renewal and replacement; and Failure to
adequately address issues or problems that should fall
under provincial or federal jurisdiction
• Source:
http://thetyee.ca/Opinion/2014/09/24/Downloading-
35. PENSION FUNDING
Funding of pensions is becoming an issue for many cities/municipalities. The latest to come forward has been the city of Houston
- http://www.click2houston.com/news/mayor-turner-to-announce-historic-pension-reform-plan.
The issue has been market returns a pension funds have a portion tied money market investments. Money market investments
are driven by interest rates.
Shortfall in pensions are the responsibility of the municipalities. Municipalities are under pressure as such dealing with shortfalls
in pension plan will be put pressure on taxation as well as delivery of program spending.
Pensions plans also driven by contributions/matching by various municipalities. The problem is that public sector has not moved
enough when it comes to salary/pension reforms - http://www.cfib-fcei.ca/english/article/7114-public-sector-workers-earn-
more-work-less.html
Here are key plans in Canada
• OMERS - http://www.theglobeandmail.com/report-on-business/omers-posts-67-return-in-2015-bolstered-by-
infrastructure-real-estate-assets/article28925778/. OMERS is underfunded by about 10%. OMERS is investing heavily into
infrastructure projects, like transportation systems.
• British Colombia - http://www.fic.gov.bc.ca/pdf/pensionplans/ReportOnPensionPlans2016.pdf - Issues with unfunded
liabilities - https://www.moodys.com/research/Moodys-US-government-pension-shortfall-overshadowed-by-Social-
Security-Medicare--PR_346878 http://business.financialpost.com/news/fp-street/inside-the-risky-strategy-that-made-
canadas-biggest-pension-plans-the-new-masters-of-the-universe
What needs to happen:
• More regulations over pension funding including risk testing as well as ensure there are plans to make the plans including
solvent.
• Pension/Salaries reforms to close the gap between private and public sector payroll gaps
• Fixing a broken arbitration systems
44. INFRASTRUCTURE BANK
Source - http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-
comment/jack-m-mintz-beware-a-new-infrastructure-bank-canadas-had-enough-of-these-failures-
already&pubdate=2017-05-19
45. VALUE FOR MONEY
Source - https://www.hamiltonnews.com/news-story/7044004-ontario-minister-brushes-off-
municipalities-demand-for-audit-on-npca/
46. BLOG – INFRASTRUCTURE
• http://www.ctvnews.ca/politics/liberals-to-delay-billions-in-planned-infrastructure-spending-cp-
1.3654609?cid=sm%3Atrueanthem%3Actvnews%3Apost&utm_campaign=trueAnthem%3A+Trending+Content&utm_content=59f7063
304d30133dcb791a8&utm_medium=trueAnthem&utm_source=facebook
• I have done this presentation to highlight a few myths about infrastructure - https://www.slideshare.net/paulyoungcga/government-
policies-and-issues-municipalities-and-cities-canada-july-2017
• CPC increased funding to local governments for infrastructure funding through the creation of Build Canada and Gas Tax Fund. The
Liberals keep saying in the CPC did nothing on infrastructure is a myth - https://www.youtube.com/watch?v=8BZ3RFwPx7o
• Aecon - https://beta.theglobeandmail.com/news/politics/us-watchdog-warns-aecon-takeover-may-block-firms-access-to-
infrastructure-projects/article36761079/?ref=http://www.theglobeandmail.com&
• There are systemic issues with municipalities that need to be address, but have not for over a decade.
• Jack Mintz wrote a very good blog on the infrastructure bank -
http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-comment/jack-m-mintz-beware-a-new-
infrastructure-bank-canadas-had-enough-of-these-failures-already&pubdate=2017-05-19
• Transit projects receive operational grants from cities as part of their budgets. https://www.slideshare.net/paulyoungcga/pension-
funds-and-infrastructure-investments-june-2017
• CPPIB is concern with projects that meet their investment criteria - http://www.timescolonist.com/canadian-infrastructure-deals-
scarce-but-would-be-welcome-cppib-chief-executive-1.20033106
•
• I cannot believe that Minister Sohi has the gal to say CPC did nothing on infrastructure as that comment is beyond absurd, but a lie -
https://www.youtube.com/watch?v=sMx--jYi07I
47. BLOG – RURAL MUNICIPALITIES VS URBAN
• “The Mayor of Goderich says events like the recent ROMA conference provide mayors and councillors of smaller municipalities with a unique
opportunity to express their concerns to Provincial officials. Kevin Morrison says one of the things that those Provincial officials need to
understand is that everything doesn’t happen in Toronto; and the issues that are facing rural municipalities are not necessarily the same as
those facing politicians in bigger cities.
Comments:
• Wynne does not care about the rural vote as such will not make concessions to rural Ontario
• OPP costs continue to be a big problem for municipalities - https://tvo.org/article/current-affairs/the-next-ontario/small-towns-cant-
afford-independent-policing-but-dont-know-where-to-turn
• Pension reforms needs to be undertaken for all levels of government. Defined Benefit pension plans are too risky -
http://www.omers.com/pdf/OMERS_AnnualReport_2016.pdf (Omers has a $5.7B pension deficit)
• There needs to be a new strategy for rural areas including economic development. More focus on innovation including working with
Universities and Colleges to create start up in areas like farming, power generation, advance manufacturing, etc.
• Hydro rates are killing rural Ontario. Wynne excludes municipalities when it comes to power generation - https://www.thespec.com/news-
story/7104518-rural-ontario-hydro-users-hoping-for-deliverance-from-high-bills/
• Source - http://blackburnnews.com/midwestern-ontario/2018/02/05/goderich-mayor-pleased-roma-opportunities/
48. ECONOMIC DEVELOPMENT – RURAL AREAS
• I have often argued to fix the housing issues means pushing more and
more economic opportunities out to rural areas
Tulsa is looking at attracting new economic development to their city.
Tulsa, OK is a city in the USA heartland
• https://www.industryweek.com/talent/creating-jobs-heartland-tulsa-
style?NL=IW-07&Issue=IW-07_20181023_IW-
07_617&sfvc4enews=42&cl=article_3&utm_rid=CPG03000001519274&ut
m_campaign=30241&utm_medium=email&elq2=9825884b1d3d48aa999
7ffe56312f931
49. LPO - WASTE
• Wynne’s waste
• P3 Costs $8B (source:
http://www.thestar.com/news/queenspark/2014/12/09/publicprivate_financing_cost_ontario_taxpayers_8_billion_auditor_says.html)
•
• Equalization $10B (http://www.fin.gc.ca/fedprov/mtp-eng.asp#Ontario)
• Gas Plant Cancellation $1.1B (http://www.thestar.com/news/canada/2013/10/08/liberals_power_plant_cancellations_cost_11b_auditor_general.html)
• eHealth $1B (http://www.cbc.ca/news/canada/toronto/ehealth-scandal-a-1b-waste-auditor-1.808640)
• Selling excess power $1B/year http://kitchener.ctvnews.ca/ontario-paid-1-billion-to-export-surplus-power-in-2013-ndp-say-1.1647299 - 2013
amount only)
• Wind Subsidies $1B/year (http://www.netnewsledger.com/2014/03/05/ontario-wind-energy-plans-costing-1-billion-annually/)
• Ontario capital Expenditures $11.8B (http://www.fin.gov.on.ca/en/budget/paccts/2014/)
• Ontario shares of gas tax $750M (http://www.infrastructure.gc.ca/alt-format/pdf/GTF-FTE-20140905-eng.pdf)
• Municipalities Capital spending $6B
(http://www.amo.on.ca/Advocacy.aspx?searchtext=capital&searchmode=exactphrase&date=0;&issue=0;&category=0;)
• Wynne’s AIT Issues - http://www.cbc.ca/news/canada/saskatchewan/saskatchewan-premier-brad-wall-concerned-about-ontario-quebec-position-on-
energy-east-1.2848930.
• Oliver and Wynne barb over infrastructure - http://www.canadianmanufacturing.com/procurement/ontario-ottawa-trade-barbs-infrastructure-funding-
plan-142206/
• Broken Arbitration system - http://www.lfpress.com/2014/02/22/small-municipalities-across-ontario-crushed-by-soaring-opp-policing-costs - Wynne
was McGuinty’s right hand person - https://www.theglobeandmail.com/news/politics/mcguinty-defends-85-per-cent-pay-hike-for-opp-in-
2014/article1360155/
• Forest Management cuts - http://www.torontosun.com/2013/12/17/liberals-latest-disaster-in-works-leaves-northern-ontario-vulnerable
•
50. CONSERVATION AUTHORITY
• https://toronto.ctvnews.ca/ontario-cuts-conservation-authority-funding-for-flood-programs-1.4387699?fbclid=IwAR16lf9meDknN8HEnaP-e1QOvw-
pn2lFz1LL7A0Iy0jwJVeR307AYKQQapY
• “Ontario conservation authorities say the provincial government has cut their funding for flood management programs in half.”
• Where does OCA talk about administration costs have risen under them!
•
• This whole article is full of misleading information. It would be nice if MSM discuss all angles - https://www.slideshare.net/paulyoungcga/ontario-fiscal-and-
economic-mess-april-2019 (see slide 22)
• https://toronto.ctvnews.ca/ontario-cuts-conservation-authority-funding-for-flood-programs-1.4387699?fbclid=IwAR16lf9meDknN8HEnaP-e1QOvw-
pn2lFz1LL7A0Iy0jwJVeR307AYKQQapY
“OCA say the prov govt has cut their funding for flood mgmt. programs in half.” Where does OCA talk about administration costs have risen under them!
https://www.slideshare.net/paulyoungcga/ontario-fiscal-and-economic-mess-april-2019 (see slide 22)
@AndreaHorwath never reads AG reports!
@JYakabuskiMPP
•
• @MikeSchreiner
Do you look at AG reports? I bet you don't, right?
51. BLOG – PROPERTY TAX
• Hamilton has some of highest property tax for a major urban center -
https://www.thespec.com/news-story/9292818-hamilton-residents-pay-higher-
property-taxes-than-other-ontario-municipalities-says-
report/?fbclid=iwar3m06f0rawtuywx4amxnzmlxl1s-h-
cywiff3z04ggztr7yj9i6fpwwdio#.XL2EhR2_ekc.facebook
• https://www.huffingtonpost.ca/2018/08/06/best-worst-cities-canada-property-
taxes_a_23496904/
• Toronto should be looking at increasing its’ property taxes.
• Hamilton needs to review all its’ programs to ensure the City of Hamilton is getting value
for money
•
52. BLOG – MUNICIPAL AFFAIRS
• Municipal governments have been complaining for years. Ford gets elected then all of sudden they hammered Ford, right?
• Labor and compensation reform – All levels of government are paid a premium when you compare to similar work in the private sector -
https://www.slideshare.net/paulyoungcga/canada-public-sector-vs-private-sector-april-2019
• Transit is a mess as there is lack of integration. Transit is heavily subsidized - https://www.slideshare.net/paulyoungcga/election-2019-transit-canada-february-
2019
• Municipalities have done a poor job of urban planning - https://www.slideshare.net/paulyoungcga/urban-planning-issues-facing-urban-planners-april-2019
• Too many councils are pushing clean agenda at all costs without properly understanding that climate always changes -
https://www.slideshare.net/paulyoungcga/2019-election-environmental-climate-change-canada-analysis-and-commentary
• Lack of effective infrastructure management plan - https://www.slideshare.net/paulyoungcga/2019-election-infrastructure-and-capital-spending-canada.
Trudeau has never provided the goods when it came to his big dig
• Public Safety costs are a big issue which the cities say nothing, why? https://www.slideshare.net/paulyoungcga/public-safety-policing-and-crime-stats-canada or
https://thereview.ca/2018/12/28/more-for-less-municipalities-still-facing-tough-policing-costs/
• There is no rural strategy by all levels of government as part of dealing with housing costs - https://www.slideshare.net/paulyoungcga/rural-affairs-
canadajanuary-2018
• More and more people are making longer commutes due to issues with affordable housing - https://www150.statcan.gc.ca/n1/daily-
quotidien/190225/dq190225a-eng.htm
• Cities need to become more creative in terms of economic development, i.e. incubation centers - https://www.slideshare.net/paulyoungcga/2019-election-issues-
technology-sector-canada-april-2019
• When are cities going to deal with brown sites - https://www.bdo.ca/en-ca/insights/industries/real-estate-construction/are-you-considering-brownfield-
development/
53. BLOG – DAYCARE
Source - https://www150.statcan.gc.ca/n1/pub/89-652-x/89-652-
Mulcair Daycare Policy
http://ottawacitizen.com/news/politics/tom-mulcair-on-the-details-of-the-ndps-child-care-policy
FYI – Mulcair estimates 70,000 people will return to work. If so, where is his analysis/risk management
impact from his tax policies - http://www.slideshare.net/paulyoungcga/mulcair-vs-harper? Mulcair’s
only focus is on small business - http://www.cme-mec.ca/?lid=JCKNC-E742G-
1W6JA&comaction=show&cid=HRH7K-9UE34-ACUS8. http://canadianentrepreneurtraining.com/six-
statistics-about-small-business-and-entrepreneurship-in-canada/. Typically small businesses pay less
money than medium to large business. So, why does Mulcair never discuss salaries issues? It seems to
me that like all Mulcair policies that he inflates the number like he did with the federal minimum wage
numbers, right? http://www.slideshare.net/paulyoungcga/federal-minimum-wage-canada
Canada Social Transfer Programs
The Federal government provides transfer as part of the social transfer agreements between the federal
government and the provinces - http://www.fin.gc.ca/fedprov/cst-eng.asp
Funding
1. http://www.slideshare.net/paulyoungcga/provincial-transfers-and-program-spending or
http://www.fin.gc.ca/access/fedprov-eng.asp#Major
a. Harper formed his first government February 6, 2006 as such transfers were 8.4B to the
provinces for CST. Harper continued to fund CST as such the amount close to 13B.
b. The average cost of subsidized daycare is $23/day -
http://ottawacitizen.com/news/national/the-child-care-conundrum-part-3-who-will-pay-
and-how-much-for-universal-day-care.
c. Mulcair wants to use the Quebec model, but it has been a failure -
http://www.nationalpost.com/news/story.html?id=5a5e1555-093f-4959-9395-
028c36daadc7&p=2
Auditor General of Ontario Report - http://www.auditor.on.ca/en/reports_en/en14/302en14.pdf
54. BLOG – CITY OF TORONTO
• Did the councilors not vote for bigger budgets for themselves -
https://www.cbc.ca/news/canada/toronto/city-council-boosting-councillors-staffing-office-budgets-
in-wake-of-province-s-cuts-1.4933621. Councilors have no clue how to run lean budgets
• Mismanagement of forest management - https://globalnews.ca/news/5221912/toronto-forestry-crews-
audit/
• Toronto could raise property taxes which they have refused to do, why?
https://www.cbc.ca/news/canada/toronto/toronto-has-room-to-hike-property-taxes-by-20-to-fund-
city-services-researchers-say-1.5038175
• Councilors also do not expect people to read either the budget or F/S – The annual revenue to the city is
$12.5. The $177 would represent just over 1% reduction. The City had surplus of $1.2B in 2017. The city
can adjust through gap action planning and analysis cycle.
• Toronto should be lobbying changes to arbitration as way to control public sector compensation -
https://www.slideshare.net/paulyoungcga/2019-election-issues-public-vs-private-sector-
compensation-canada-may-2019
• Too many councilors elected have zero grasp on economics and public finance as such always seem to
want a handout.
• People will read the headlines when it comes to the Councilors bitching about the cuts. The problem is
the $177M cuts is about 1.2% of the total budget. The city of Toronto had surplus of $1.2B for 2017 as
55. BLOG – GAP ANALYSIS (LOCAL GOVERNMENT)
• All munis and school boards must prepare their F/S including doing gap analysis. The problem is with leadership as they rather asked for money then take
a deep look at what is required to run their areas
• https://www.slideshare.net/paulyoungcga/gap-analysis-closing-down-budget-deficits-for-government-september-2017
• It is very clear that many people that are attacking Ford do not read AG reports or Drummond Reports or F/S or actually google mismanagement. Ontario is
a mess! Ford is doing his best to fix it! BTW: The so call billions quote on beer has neither been proven nor is accurate. Brewers Retail is not in compliance
with their past agreement which included allowing more micro breweries to be shelved at their location. I suggest you look at Brewers Retail F/S before
spouting on inaccurate information! https://www.slideshare.net/paulyoungcga/ontario-lcbo-and-brewers-retail-issues-facing-alcohol-distribution
• The left only knows how to use emotions, because facts just get away of a good cry! Here are my comments on fiscal management:
• It is time for municipal governments to undertake reforms as part of their fiscal mgmt. cycle - https://www.slideshare.net/paulyoungcga/2019-election-
municipal-and-local-government-analysis-and-commentary or https://www.toronto.ca/city-government/budget-finances/city-finance/financial-
reporting/ (Toronto has low property taxes as well as $1.2B surplus). Why is that not mentioned? How AG reports -
https://www.theglobeandmail.com/news/toronto/auditor-general-uncovers-waste-fraud-and-fake-sick-time-at-toronto-city-hall/article566311/
• All munis and school boards must prepare their F/S including doing gap analysis. The problem is with leadership as they rather asked for money then take
a deep look at what is required to run their areas
• https://www.slideshare.net/paulyoungcga/gap-analysis-closing-down-budget-deficits-for-government-september-2017
• Vacant government buildings - https://www.cbc.ca/news/canada/toronto/ontario-auditor-general-empty-government-buildings-1.4437910
(Annual Cost - Maintaining the empty sites is costing Ontario taxpayers $18.9 million a year, Auditor General Bonnie Lysyk found. But she's even
more concerned about the slow pace of the government's efforts to dispose of the unused propert
• Govt cutting red-tape sell land and property - https://www.insauga.com/the-ontario-government-is-selling-massive-amounts-of-land
• TDSB under utilized or empty schools - https://www.theglobeandmail.com/news/toronto/ontario-to-put-new-pressure-on-tdsb-over-underused-
schools/article23630307/
• Funding growth held - https://www.ctvnews.ca/canada/ontario-marginally-increases-school-board-funding-but-per-pupil-amount-drops-
1.4396534
• Liberals highlighted that 300 schools needed to be closed - https://globalnews.ca/news/3298540/education-minister-reveals-300-schools-in-
ontario-slated-to-close/
• Municipalities are not dealing with their cost to serve model https://torontoist.com/2015/08/what-the-citys-surplus-means/
• Bluewater Education - http://www.bayshorebroadcasting.ca/news_item.php?NewsID=104323 (selling of vacant schools)
• Elimination of the Catholic School Board could save billions - https://www.ctvnews.ca/canada/is-it-time-to-merge-the-ontario-school-systems-
56. LEAN
GOVERNMEN
T
• @justintrudeau is for big
government as he has never
called out the size of
government
• @Andrewscheer platform needs
to included tackling the size of
government.
• Great work by the McKinsey
group on calling out the need
for all levels of government
adopt automation as part of
streamlining government
operations.
• https://www.mckinsey.com/ind
ustries/public-sector/our-
insights/how-governments-
can-harness-the-power-of-
automation-at-scale?cid=other-
pso-twi-mps-mps-oth-1908
57. FORD / CUTS
Source - https://www.cbc.ca/news/canada/toronto/ont-municipal-funding-1.5251772?cmp=rss
https://www.municipalworld.com/feature-story/big-city-
mayors-seek-modernized-federal-relationship/
The mayors of the nation’s largest communities are united in
calling for a closer federal-municipal relationship to better
serve Canadians.
Are you going to start dealing with systemic issues or put more
blame on both the provinces and the federal govt?
https://www.slideshare.net/paulyoungcga/2019-election-
municipal-and-local-government-ontario-and-canada-may-
2019
@joe_cressy @JohnTory @m_layton
https://www.slideshare.net/paulyoungcga/2019-election-issues-municipal-and-local-government-issues-and-
analysis-may-2019
It is abundantly clear that you do not read AG reports as you would see the waste and mismanagement in city
government!
1. Audit Reports - https://toronto.ctvnews.ca/auditor-general-says-city-saved-35m-in-2018-some-
employees-dismissed-amid-complaints-1.4297726
2. City Leases - https://www.cbc.ca/news/canada/ottawa/ottawa-city-leases-audit-1.5089940
3. Wastewater - https://www.stcatharinesstandard.ca/news-story/8894854-report-examines-decisions-that-
cost-region-2-1-million/
@FCM_online
59. BLOG – MUNICIPAL GOVERNMENT
• https://www.municipalworld.com/feature-story/big-city-mayors-seek-modernized-
federal-relationship/
• The mayors of the nation’s largest communities are united in calling for a closer federal-
municipal relationship to better serve Canadians.
• Are you going to start dealing with systemic issues or put more blame on both the
provinces and the federal govt?
• There are systemic issues with local government:
https://www.slideshare.net/paulyoungcga/2019-election-municipal-and-local-
government-ontario-and-canada-may-2019
60. WHAT’S NEXT
• Fixing of a broken arbitration
• Consolidation of agencies and departments
• Re-looking at the size of council
• Re-looking at urban planning - https://www.slideshare.net/paulyoungcga/urban-planning-issues-facing-
urban-planners-april-2019
• Cleaning up of brown sites
• Expanding P3 options
• Better capital planning (i.e. dedicated funding from federal and provincial governments)
• Stop pushing social policy at all cost
• More value for money auditing
• Embracing technology / automation
Editor's Notes
Source: http://www.fcm.ca/Documents/reports/The_State_of_Canadas_Cities_and_Communities_2012_EN.pdfv
2008-2009 included additional funding for infrastructure due tot the stimulus
2006-2007 Harper increased funding by moving gas tax funding to the municipalities
2013-2014 Harper renewed the Build Canada Fund to provide over $70B in new funding for infrastructure. The build Canada fund would be matched by the municipalities and the provinces. So, it would mean 140B from municipalities
Source: http://www.fcm.ca/Documents/reports/The_State_of_Canadas_Cities_and_Communities_2012_EN.pdfv
21.3% of the capital spending by municipalities goes to transportation
17.3% goes to the environment (waste water, sewage treatment, etc.)
16.3% (protection / i.e. fire/police. The OPP arbitration will have impact on municipalities funding
1. Many of the Walkerton measures have not been implemented as part of water treatment
http://www.omers.com/pdf/OMERS-AR-2013-Online-Version-ENG-ALL.pdf
Pension deficit of $8B. The municipalities are on the hook for the imbalance.
2. http://www.therecord.com/news-story/2625564-hudak-wants-to-trim-pensions-for-new-public-workers/
Source: http://www.fcm.ca/Documents/reports/The_State_of_Canadas_Cities_and_Communities_2012_EN.pdfv
50 % of all revenue is property taxes
Provincial transfers money for infrastructure, i.e. gas tax/build Canada fund