1/4 for Canada's GDP is tied to exports. Canada depends on exports. The problem is the current government is not about progress as they are not focusing on all aspects the economy. WTO needs to reform to ensure that emerging markets play by fair trade and investment rules.

1. Merchandise Trade and
Foreign Affairs – Canada
Paul Young CPA CGA
July 3, 2019

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
Trade by Period
Trade by Sector
Trade by Country
Trade by Sector (Energy vs Non-Energy
Issues facing Trade
Blog Trade
Blog – Trade
Solutions

4. Introductory
Source – Stats Canada
Total exports rose 4.6% to a record $53.1 billion in May, with 9 of 11 product sections posting increases. Exports of
motor vehicles and parts, aircraft and other transportation equipment and parts, and energy products contributed
the most to the increase. Year over year, total exports were up 8.6%. In May, non-energy exports rose 4.5%.
Exports of motor vehicles and parts were up 12.4% in May to $8.4 billion. Exports of passenger cars and light trucks
(+17.8%) contributed the most to the increase, mainly due to higher Canadian motor vehicle production. The
increased production was partly due to the resumption of activities at some assembly plants following atypical
shutdowns in April. Through the first five months of 2019, exports of passenger cars and light trucks were up 2.8%
compared with the same period in 2018.

5. Trade by
Period
Source -
https://www150.statcan.gc.ca/n1/
daily-
quotidien/190703/dq190703a-
eng.htm

6. Trade by Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190703/dq190703a-eng.htm

7. Trade by Country
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190703/dq190703a-eng.htm

8. Trade (Energy vs Non-Energy)
Source – Stats Canada

9. Trade (AG/Mining/Forestry/Energy vs
Finished GoodsSource – Stats Canada

10. Issues
facing
Trade
Softwood Lumber dispute - https://www.columbiavalleypioneer.com/opinion/guest-column-john-horgan-
has-gone-missing-in-u-s-lumber-dispute/
Failure to get pipelines built - https://business.financialpost.com/commodities/energy/a-self-inflicted-wound-
pipeline-delays-to-cost-canadian-economy-15-6b-in-2018-says-scotiabank
Lack of Port Capacity - https://www.slideshare.net/paulyoungcga/canada-port-analysis-and-commentary-
supply-chain-management
Canola oil dispute with China - https://www.cbc.ca/news/business/canola-china-export-1.5043182
USCMA has not been ratified - https://business.financialpost.com/news/economy/not-ratifying-nafta-will-be-
a-catastrophe-u-s-trade-czar-says-as-u-s-works-to-lift-metals-tariffs
Canada has decline in terms of its competitiveness - https://www.slideshare.net/paulyoungcga/is-canada-
losing-its-business-competitiveness-february-2019
C69 / Anti-Resources legislation - https://torontosun.com/opinion/columnists/rickford-why-bill-c69-is-a-non-
starter-for-Ontario. Canada needs to be more competitive when it comes its’ regulatory process.
https://www.slideshare.net/paulyoungcga/natural-resources-sector-policy-analysis-canada-january-2019

11. Blog –
Trade
https://www.theglobeandmail.com/business/article-as-
china-and-us-inch-toward-a-trade-deal-canada-gets-
a-warning-of/?fbclid=IwAR0ToabpdRhDMQuJ-
HRNkKYH2t4AoMPTygCPlObM2XynxO8dEGYqHjG3-3k
Canada was warned by many countries to stop
pushing their social agenda. Countries have decided
to make their own deals as such are leaving Canada
behind when it comes to trade -
https://www.slideshare.net/paulyoungcga/important-
of-exports-canada-global-trade

12. Blog – Trade
• https://www.ctvnews.ca/politics/canada-
still-enjoys-old-nafta-benefits-as-new-
deal-awaits-ratification-freeland-
1.4372572#_gus&_gucid=&_gup=twitter&_
gsc=uLusqgJ
•
• Hey Ms. Freeland, you have been in power
nearly four years as such all I see are
failures to get tariffs remove, no new
major trade deals (CETA and TPP where
Harper deals), no money to expand ports,
softwood lumber dispute still unresolved,
no new pipelines, etc.
https://www.slideshare.net/paulyoungcga/i
mportant-of-exports-canada-global-trade

13. Blog – Trade
• https://www.cbc.ca/news/politics/steel-
aluminum-tariffs-whats-next-von-scheel-
1.5142253?cmp=rss
• Now what?
• Fixing the softwood lumber as well as
other trade issues so exports can expand
to new markets -
https://www.slideshare.net/paulyoungcga/
2019-election-global-trade-and-
protectionism-canada-may-2019
• Focusing on policies that fixed the
competitive issues facing business -
https://www.slideshare.net/paulyoungcga/
business-competitivesness-canada-march-
2019

14. Blog – Trade (China and Canada)
• https://www.theglobeandmail.com/business/commentary/article-
why-we-need-to-keep-selling-canadas-brand-in-china/
•
• China is key market. The problem is @JustinTrudeau is using foreign
policies affairs to pander for votes at home.
If you want to deal with China then you need to deal with them on
their terms!
https://www.slideshare.net/paulyoungcga/china-what-is-their-
future-march-2019

15. Trade / Foreign Relations
Canada is at least losing $15B in
exports due to many factors
including poor foreign relations
with countries

16. Trade and Foreign Affairs Issues
• https://globalnews.ca/news/5431727/china-canada-ban-meat-exports/
• @justintrudeau has made a disaster of foreign policies as such exports are now
being hammered by his poor leadership:
• Canola - https://globalnews.ca/news/5108628/canada-canola-market-china-export-block/
(2.7B loss)
• Pork - https://globalnews.ca/news/5431727/china-canada-ban-meat-exports/ ($373M
loss)
• Beef - https://www.cbc.ca/news/business/china-pork-beef-ban-1.5190574 ($63M loss)
• Oil / India - https://oilprice.com/Latest-Energy-News/World-News/India-Boosts-US-Oil-
Imports-To-Offset-Dwindling-Iran-Supply.html (Canada is missing out on exports to India)
• Saudi Arabia (Wheat) https://www.620ckrm.com/2018/08/08/188904/
• Trudeau continues to pander for votes over doing what is best for Canada in
terms of trade. The next government will need years to fix the mess left by
Trudeau.

17. USA vs China
• https://www.atkearney.com/operations-performance-transformation/us-
reshoring-index
• I am all for supporting merchandise trade, but trade must be fair. The problem is
the WTO needs to be reformed to ensure emerging markets follow rules.
• WTO Reforms - https://asia.nikkei.com/Politics/G-20-summit-Osaka/G-20-
leaders-agree-to-speed-up-WTO-reforms2. I call the WTO out numerous times -
https://www.slideshare.net/paulyoungcga/world-trade-organisation-wto-and-
trade-disputes
• Tariffs never work as all they do is make items more expensive.
• China has seen deterioration as many countries pushed back at China’s unfair
trade policies - https://www.bloomberg.com/news/articles/2019-07-12/singapore-
s-economy-contracts-sharply-as-manufacturing-slumps

18. China Growth / GDP
Source - https://www.cfo.com/global-business/2019/07/china-posts-lowest-economic-growth-in-27-
years/?utm_campaign=CFODailyAlert&utm_nooverride=1&utm_source=CFO-
email&utm_medium=email&utm_content=CFODailyAlert_Monday_2019-7-15&utm_term=global-business

19. What’s next?
Parliament needs to ratified trade deals like USMCA,
TPP and other trade deals -
https://openparliament.ca/bills/42-1/C-79/?page=3
Government needs to stop their plans for carbon
taxation. Companies already pay pollution taxes -
https://www.slideshare.net/paulyoungcga/the-art-of-
taxing-the-environment-pollution-tax
Government needs to review its small business tax and
regulation policies -
https://www.slideshare.net/paulyoungcga/small-
business-under-attack-by-government-canada
Government needs to continue to push trade with
emerging markets like India, Africa, etc.
More investment in ports, rails, etc.
Government needs to streamline regulations