Manufacturing is a key are for both countries. USA government policies have focus on cuts to both taxation and regulations as compare to Canada government policies which are more focused on increasing both taxation and regulations.
Manufacturing is about 11% of GDP. MFG is under stress due to tax changes and excessive regulations
More and more Canadian manufacturing is adopting 3-D Printing - https://www.smitherspira.com/resources/2017/july/3d-printing-reaching-the-mainstream
Trudeau never had the answers for manufacturing other dangling a few carrots.
2019 Election| Global Trade and Protectionism| Canada| May 2019paul young cpa, cga
Canada depends on exports as such needs fair and equitable trad deals to expand business opportunities for Canadian Businesses
Canada is going to more regulations and higher taxes as compare to countries like the USA which are focusing on reducing both taxes and regulations
Canada is pushing clean technology at all costs through funding of clusters as well as other funding programs
Canada is pushing social issues on all trade deals. Countries are balking at social issues.
Canada is less competitive today than back in 2015. Trudeau has decided to hike taxes for small business, raise CPP rates and force carbon tax/price for carbon on all provinces. Trudeau is using the same model that drove out jobs in Ontario due hikes to hydro rates. - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
2019 Election| Oil and the Environment| Canada| August 2019paul young cpa, cga
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/2019-election-wages-and-income-canada-april-2019
Failures of Carbon Tax and Pricing - https://www.slideshare.net/paulyoungcga/2019-election-carbon-and-pollution-taxes-canada-july-2019
2019 Election| Oil and the Environment| Canada| July 2019paul young cpa, cga
This document provides an agenda for a presentation on various topics related to oil production, the automotive industry, electrical vehicles, and environmental issues. The agenda includes sections on monthly oil production by key countries, ethical oil, oil applications, automotive markets worldwide and for electric vehicles, risks of electric vehicles, the electrical grid, the relationship between oil rigs and pricing, whether oil will disappear, oil sands and the environment, oil company environmental rankings, Justin Trudeau and Canada's oil industry, and blogs on various oil and energy policy topics.
The document discusses various topics related to oil production and the environment, including:
1) It provides an agenda on monthly oil production by key countries, oil applications, automotive markets worldwide and electrical vehicles, risks to electrical vehicles, the electrical grid, oil rigs vs oil pricing, predictions on whether oil will disappear, oil sands and the environment, oil company rankings on environmental performance, and Justin Trudeau's policies toward oil.
2) It also includes blogs on various oil-related topics such as new environmental assessment bills, the relationship between oil and the environment, Conservative leader Andrew Scheer's energy policies, and government subsidies.
3) The document examines many facets of the oil industry and
This presentation examines issues facing the global oil sector. It provides data on monthly oil production by major countries and discusses oil applications and refining. Statistics are presented on the current automotive market and growth of electric vehicles. Risks to electric vehicles like access to raw materials and grid capacity are reviewed. The relationship between oil rigs and pricing is explored. The future of oil and Canada's oil sector under Justin Trudeau are summarized.
This document provides an agenda for a presentation on various topics related to oil production, the automotive industry, electrical vehicles, environmental issues, and policies around oil in Canada. The presentation discusses monthly oil production by key countries, ethical oil, oil applications, automotive markets worldwide and for electric vehicles, risks of electric vehicles, the electrical grid, the relationship between oil rigs and pricing, predictions on whether oil will disappear, oil sands and the environment, rankings of oil producing companies on environmental performance, global emissions, and the future of oil. It also provides blogs on issues related to Canadian oil pipelines, environmental assessment bills, and the interaction between oil and the environment.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
Manufacturing is about 11% of GDP. MFG is under stress due to tax changes and excessive regulations
More and more Canadian manufacturing is adopting 3-D Printing - https://www.smitherspira.com/resources/2017/july/3d-printing-reaching-the-mainstream
Trudeau never had the answers for manufacturing other dangling a few carrots.
2019 Election| Global Trade and Protectionism| Canada| May 2019paul young cpa, cga
Canada depends on exports as such needs fair and equitable trad deals to expand business opportunities for Canadian Businesses
Canada is going to more regulations and higher taxes as compare to countries like the USA which are focusing on reducing both taxes and regulations
Canada is pushing clean technology at all costs through funding of clusters as well as other funding programs
Canada is pushing social issues on all trade deals. Countries are balking at social issues.
Canada is less competitive today than back in 2015. Trudeau has decided to hike taxes for small business, raise CPP rates and force carbon tax/price for carbon on all provinces. Trudeau is using the same model that drove out jobs in Ontario due hikes to hydro rates. - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
2019 Election| Oil and the Environment| Canada| August 2019paul young cpa, cga
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/2019-election-wages-and-income-canada-april-2019
Failures of Carbon Tax and Pricing - https://www.slideshare.net/paulyoungcga/2019-election-carbon-and-pollution-taxes-canada-july-2019
2019 Election| Oil and the Environment| Canada| July 2019paul young cpa, cga
This document provides an agenda for a presentation on various topics related to oil production, the automotive industry, electrical vehicles, and environmental issues. The agenda includes sections on monthly oil production by key countries, ethical oil, oil applications, automotive markets worldwide and for electric vehicles, risks of electric vehicles, the electrical grid, the relationship between oil rigs and pricing, whether oil will disappear, oil sands and the environment, oil company environmental rankings, Justin Trudeau and Canada's oil industry, and blogs on various oil and energy policy topics.
The document discusses various topics related to oil production and the environment, including:
1) It provides an agenda on monthly oil production by key countries, oil applications, automotive markets worldwide and electrical vehicles, risks to electrical vehicles, the electrical grid, oil rigs vs oil pricing, predictions on whether oil will disappear, oil sands and the environment, oil company rankings on environmental performance, and Justin Trudeau's policies toward oil.
2) It also includes blogs on various oil-related topics such as new environmental assessment bills, the relationship between oil and the environment, Conservative leader Andrew Scheer's energy policies, and government subsidies.
3) The document examines many facets of the oil industry and
This presentation examines issues facing the global oil sector. It provides data on monthly oil production by major countries and discusses oil applications and refining. Statistics are presented on the current automotive market and growth of electric vehicles. Risks to electric vehicles like access to raw materials and grid capacity are reviewed. The relationship between oil rigs and pricing is explored. The future of oil and Canada's oil sector under Justin Trudeau are summarized.
This document provides an agenda for a presentation on various topics related to oil production, the automotive industry, electrical vehicles, environmental issues, and policies around oil in Canada. The presentation discusses monthly oil production by key countries, ethical oil, oil applications, automotive markets worldwide and for electric vehicles, risks of electric vehicles, the electrical grid, the relationship between oil rigs and pricing, predictions on whether oil will disappear, oil sands and the environment, rankings of oil producing companies on environmental performance, global emissions, and the future of oil. It also provides blogs on issues related to Canadian oil pipelines, environmental assessment bills, and the interaction between oil and the environment.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
The document provides an agenda for a presentation on various topics related to oil production and the environment. It includes sections on monthly oil production by key countries, ethical oil, automotive market trends, electrical vehicles, electrical grids, oil rigs and pricing, predictions on whether oil will disappear, oil sands and the environment, Justin Trudeau's policies on oil, and blogs on various oil and energy policy topics. The presentation aims to discuss global and Canadian oil market trends and challenges, and debate environmental and policy issues concerning the oil industry.
Canada needs to stay competitive as part of attracting foreign capital as part supporting advance manufacturing, resource development, food process, aerospace, automotive, etc. This presentation looks at different factors that drive business costs for various business.
2019 Election| Oil and the Environment| Canada| June 2019paul young cpa, cga
The document discusses various topics related to oil production and the environment, including:
1) It provides data on monthly oil production by key countries and discusses Canada's role as the 4th largest oil producer.
2) It addresses topics like ethical oil, oil applications, automotive markets, electrical vehicles, risks to EVs, the electrical grid, and the relationship between oil rigs and pricing.
3) It also discusses whether oil will disappear, oil sands and the environment, rankings of oil producers on environmental performance, and Justin Trudeau's policies towards Canada's oil industry.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
This document summarizes risks and threats facing the world economy according to Paul Young CPA, CGA. It outlines concerns around slowing GDP growth, rising carbon taxes, worsening housing affordability, increasing global protectionism, stagnating wages, needed reforms to the WTO and taxation pressures in various countries. The conclusion emphasizes that many countries face important decisions due to fiscal pressures and sluggish economies, and governments must address systemic issues contributing to high housing costs and poverty.
The document discusses the new USMCA trade agreement. It notes that Trudeau and his team almost failed in negotiations for major trade deals like TPP, CETA, and USMCA. It argues they have set back relations with important markets like India due to prioritizing social issues over trade. Further, it states that Trudeau has an poor record on foreign affairs and trade that has impacted Canada's ability to expand exports.
Blog – Emissions and Environmental Policies – 2019 Analysis
1. https://www.canada.ca/en/environment-climate-change/services/climate-change/greenhouse-gas-emissions/sources-sinks-executive-summary-2020.html - After hovering between 700 and 720 megatonnes of carbon dioxide equivalent (Mt CO2 eq) in recent years, in 2018 (the most recent annual dataset in this report) Canada’s greenhouse gas (GHG) emissions increased to 729 Mt CO2 eq. This increase is attributed to higher fuel consumption for transportation, winter heating and oil and gas extraction. Over the long term, Canada’s economy has grown more rapidly than its GHG emissions: the emissions intensity for the entire economy (GHG per Gross Domestic Product [GDP]) has declined by 36% since 1990 and 20% since 2005. Emission trends since 2005 remain consistent, with emission increases in the Oil and Gas and Transportation sectors being offset by decreases in other sectors, notably Electricity and Heavy Industry
2. USA emissions fell by 2% for 2019 - https://www.eia.gov/todayinenergy/detail.php?id=43615
3. China continues to spew CO2 - https://www.theverge.com/2021/3/2/22309374/global-china-carbon-dioxide-emissions-rising
4. Forests are doing a banner job with sequestering carbon - https://www.wri.org/blog/2021/01/forests-carbon-emissions-sink-flux
5. EMEA leads in terms of recycling - https://www.nspackaging.com/analysis/best-recycling-countries/
6. EMEA leads on water management - https://epi.yale.edu/epi-results/2020/component/h2o
7. Canada has some of the best air quality in the world - https://www.lovemoney.com/gallerylist/79106/the-worlds-most-and-least-polluted-countries-ranked
8. Carbon tax is not revenue neutral - https://www.taxpayer.com/newsroom/carbon-tax-not-revenue-neutral-last-year
9. Volcanos - https://weather.com/news/news/2021-04-12-la-soufriere-volcano-satellite-imagery
10. Sun - https://oilprice.com/Energy/Energy-General/Blocking-The-Sun-A-Crazy-Idea-To-Stop-Climate-Change.html
Blog – Trade – Canada
Canada posted a trade surplus of $1.4 billion in January, the first since May 2019, owing to a sharp 8.1% increase in merchandise exports. It was also the largest surplus since July 2014. Imports rose 0.9% in January compared with the previous month.
Exports of aircraft and other transportation equipment and parts rose 72.3% in January, mainly on atypical growth in aircraft exports, which more than doubled. A Canadian airline retired a large number of aircraft from its fleet in January, resulting in the export of these used airliners to the United States. Although concentrated exports such as these are unusual for used aircraft, similar shipments are possible over the short and medium term.
Exports of consumer goods were up 11.6% in January, primarily on higher exports of miscellaneous goods and supplies. This category, which includes a wide range of goods, rose by $437 million in January, the largest increase in five years, on higher exports of gold bars to the United States. This type of bar, sold at the retail level to individual investors, is classified within consumer goods, not metal and non-metallic mineral products, which normally includes gold exports to foreign financial institutions. The increase in exports of gold bars in January coincided with higher demand in the United States for this type of investment product.
Exports of energy products rose 5.9% in January, mainly on higher crude oil exports (+9.0%). Higher prices and volumes both contributed to the growth in crude oil exports in January. While volumes were above pre-pandemic levels, prices still lagged, despite the monthly increase.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210305/dq210305a-eng.htm
Environment - Air Quality Water and Land Management - November 2017paul young cpa, cga
Here is look at air quality, water and land management around the world. There is allot of talk on climate change, but little is said about poor environmental standards when it comes to air quality or land management or drinkable water.
Competitiveness - Canada vs Other Countries - January 2018paul young cpa, cga
This document discusses Canada's cost competitiveness compared to other countries. It summarizes that Canada has fallen in international rankings on taxation and productivity. Several factors impact competitiveness, including high hydro rates in some provinces, increasing regulatory burdens, and new policies around taxation, labor, and innovation funding. The US tax reforms will further improve US competitiveness by lowering corporate taxes to levels close to Canada's. The author argues that Canada needs to revise multiple policies, including tax policies, to encourage business investment and improve competitiveness.
This document discusses Canada's cost competitiveness compared to other countries. It analyzes Canada's rankings in areas like taxation, productivity, innovation, labor costs, hydro rates, and regulatory burden. It also looks at US manufacturing and the PMI indexes of Canada and the US. The document argues that no single policy determines competitiveness and that Canada needs tax reforms to encourage business investment as other countries like the US are reducing business taxes while Canada is increasing various taxes.
This document provides a summary of the cost of living in Canada as of October 2021. It includes statistics and data on topics like the consumer price index, housing price index, household debt, carbon taxation, average wages, lumber and natural gas prices. The author is a CPA and subject matter expert who provides contact information. They analyze how various policies have impacted affordability and what further actions could be taken to address issues like housing affordability, skills gaps, competitiveness and supporting different economic sectors.
Canada needs to development Natural Resources and Agricultural Strategypaul young cpa, cga
Natural resources and Agriculture play a key role in terms of economic wealth and supply chain management. It is important for all levels of government to work together as part of developing effective strategy that will maximize the development of both natural resources and the agriculture sector.
Market set prices for business
Government set policies like environment laws, labour laws, trade/investment, taxation
It is not one policy that drives FDI, but many policies
Here is look at Canada competitive position with countries around the globe. Attracting FDI is key area for countries as such costs and productivity come into play when businesses are looking at making business investments.
In 2019, we saw evidence of the impact of economic headwinds on overall mergers and acquisitions (M&A) activity, with global deal value declining 33% from Q4 2018 to US$20.6b. Deal value increased in the renewables and water and wastewater segments quarter on quarter while decreasing in the remaining segments.
Competitiveness - Canada vs other countries - February 2018paul young cpa, cga
Market set prices for business
Government set policies like environment laws, labour laws, trade/investment, taxation
It is not one policy that drives FDI, but many policies
Morneau and the Liberals are moving to higher taxes and more regulations as compare to the USA that is reducing taxes and regulations - https://globalnews.ca/news/3997351/canadian-oil-rigs-moving-to-texas/
January 2018 saw the worst drop losses in nearly 10 years - https://globalnews.ca/news/4015855/canadian-economy-jobs-unemployment-statscan/
The document discusses issues facing Canada's slowing economic growth and potential solutions. It summarizes that Canada has experienced slow GDP growth for over 12 years due to factors like commodity prices, consumer demand, and exports. Most of Canada's GDP comes from the services sector rather than goods producing. Potential next generation businesses include 3D printing, drones, and driverless cars. The government could support these through innovation centers, tax credits, and reducing red tape. Expanding exports, revamping education and skills training, controlling housing price growth, and reducing government deficits and debt are also discussed as ways to address slow economic growth in Canada.
The total value of shipments of minerals showed a decrease in April, followed by two consecutive monthly increases. The total value of minerals shipped declined 17.6% in April to $3.47 billion from March, driven by a decrease in metallic minerals. In May, the total value of shipments of minerals rose 4.7% to $3.63 billion, led by an increase in the value of shipments of both metallic and non-metallic minerals. Finally, the value of shipments of metallic minerals saw a large increase (+10.3%) in June, which more than offset a slight decrease in non-metallic minerals. This resulted in an 8.4% increase of the total value of shipments of minerals.
Overall, the total value of shipments of minerals nearly doubled in the second quarter of 2021 compared with the same period in 2020. Higher shipment values for gold, iron ore and copper were mainly responsible for the gain.
https://www150.statcan.gc.ca/n1/daily-quotidien/210823/dq210823a-eng.htm
1. AB Oil - https://www.ft.com/content/102a1c89-632b-4e41-8af1-4bad95a5b017
2. Capacity utilization - https://tradingeconomics.com/canada/capacity-utilization
3. Employment - https://canadianvisa.org/blog/jobs/top-3-provinces-to-find-mining-jobs-in-canada
4. Northern Ontario - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-lake-superiors-north-shore-remains-fertile-ground-for-gold-high-tech-metals-4220807
5. EV strategy - https://biv.com/article/2021/08/canada-needs-ev-battery-supply-chain-strategy?amp
6. Batteries - https://www.nature.com/articles/d41586-021-02222-1
7. Lumber production - https://www.bloomberg.com/news/articles/2021-08-20/tumbling-lumber-prices-force-canadian-mill-to-curb-production
8. Mining - https://www.theglobeandmail.com/business/article-mining-industrys-green-metals-are-a-fallacy-experts-say/
9. Steel - https://www.northernminer.com/subscribe-login/?id=1003833805
10. Conflict metals - https://breachmedia.ca/leaked-report-accuses-canada-of-covering-for-mining-companies-in-war-torn-ethiopia/
Has Justin Trudeau been Open,, Transparent and Accountable to Canadians WE Ma...paul young cpa, cga
This presentation provides a review of key policies of Justin Trudeau's government, including statistics and independent reports on its governance model. Several issues are raised such as high household debt, inflation, censorship, deficits, and whether the government has been open and accountable. The presentation is designed for Canadians to ask questions of Trudeau and his team about accountability. It references reports on topics like the ethics code, internet bills, sentencing laws, and the performance of the Canada Revenue Agency.
The document provides an agenda for a presentation on various topics related to oil production and the environment. It includes sections on monthly oil production by key countries, ethical oil, automotive market trends, electrical vehicles, electrical grids, oil rigs and pricing, predictions on whether oil will disappear, oil sands and the environment, Justin Trudeau's policies on oil, and blogs on various oil and energy policy topics. The presentation aims to discuss global and Canadian oil market trends and challenges, and debate environmental and policy issues concerning the oil industry.
Canada needs to stay competitive as part of attracting foreign capital as part supporting advance manufacturing, resource development, food process, aerospace, automotive, etc. This presentation looks at different factors that drive business costs for various business.
2019 Election| Oil and the Environment| Canada| June 2019paul young cpa, cga
The document discusses various topics related to oil production and the environment, including:
1) It provides data on monthly oil production by key countries and discusses Canada's role as the 4th largest oil producer.
2) It addresses topics like ethical oil, oil applications, automotive markets, electrical vehicles, risks to EVs, the electrical grid, and the relationship between oil rigs and pricing.
3) It also discusses whether oil will disappear, oil sands and the environment, rankings of oil producers on environmental performance, and Justin Trudeau's policies towards Canada's oil industry.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
This document summarizes risks and threats facing the world economy according to Paul Young CPA, CGA. It outlines concerns around slowing GDP growth, rising carbon taxes, worsening housing affordability, increasing global protectionism, stagnating wages, needed reforms to the WTO and taxation pressures in various countries. The conclusion emphasizes that many countries face important decisions due to fiscal pressures and sluggish economies, and governments must address systemic issues contributing to high housing costs and poverty.
The document discusses the new USMCA trade agreement. It notes that Trudeau and his team almost failed in negotiations for major trade deals like TPP, CETA, and USMCA. It argues they have set back relations with important markets like India due to prioritizing social issues over trade. Further, it states that Trudeau has an poor record on foreign affairs and trade that has impacted Canada's ability to expand exports.
Blog – Emissions and Environmental Policies – 2019 Analysis
1. https://www.canada.ca/en/environment-climate-change/services/climate-change/greenhouse-gas-emissions/sources-sinks-executive-summary-2020.html - After hovering between 700 and 720 megatonnes of carbon dioxide equivalent (Mt CO2 eq) in recent years, in 2018 (the most recent annual dataset in this report) Canada’s greenhouse gas (GHG) emissions increased to 729 Mt CO2 eq. This increase is attributed to higher fuel consumption for transportation, winter heating and oil and gas extraction. Over the long term, Canada’s economy has grown more rapidly than its GHG emissions: the emissions intensity for the entire economy (GHG per Gross Domestic Product [GDP]) has declined by 36% since 1990 and 20% since 2005. Emission trends since 2005 remain consistent, with emission increases in the Oil and Gas and Transportation sectors being offset by decreases in other sectors, notably Electricity and Heavy Industry
2. USA emissions fell by 2% for 2019 - https://www.eia.gov/todayinenergy/detail.php?id=43615
3. China continues to spew CO2 - https://www.theverge.com/2021/3/2/22309374/global-china-carbon-dioxide-emissions-rising
4. Forests are doing a banner job with sequestering carbon - https://www.wri.org/blog/2021/01/forests-carbon-emissions-sink-flux
5. EMEA leads in terms of recycling - https://www.nspackaging.com/analysis/best-recycling-countries/
6. EMEA leads on water management - https://epi.yale.edu/epi-results/2020/component/h2o
7. Canada has some of the best air quality in the world - https://www.lovemoney.com/gallerylist/79106/the-worlds-most-and-least-polluted-countries-ranked
8. Carbon tax is not revenue neutral - https://www.taxpayer.com/newsroom/carbon-tax-not-revenue-neutral-last-year
9. Volcanos - https://weather.com/news/news/2021-04-12-la-soufriere-volcano-satellite-imagery
10. Sun - https://oilprice.com/Energy/Energy-General/Blocking-The-Sun-A-Crazy-Idea-To-Stop-Climate-Change.html
Blog – Trade – Canada
Canada posted a trade surplus of $1.4 billion in January, the first since May 2019, owing to a sharp 8.1% increase in merchandise exports. It was also the largest surplus since July 2014. Imports rose 0.9% in January compared with the previous month.
Exports of aircraft and other transportation equipment and parts rose 72.3% in January, mainly on atypical growth in aircraft exports, which more than doubled. A Canadian airline retired a large number of aircraft from its fleet in January, resulting in the export of these used airliners to the United States. Although concentrated exports such as these are unusual for used aircraft, similar shipments are possible over the short and medium term.
Exports of consumer goods were up 11.6% in January, primarily on higher exports of miscellaneous goods and supplies. This category, which includes a wide range of goods, rose by $437 million in January, the largest increase in five years, on higher exports of gold bars to the United States. This type of bar, sold at the retail level to individual investors, is classified within consumer goods, not metal and non-metallic mineral products, which normally includes gold exports to foreign financial institutions. The increase in exports of gold bars in January coincided with higher demand in the United States for this type of investment product.
Exports of energy products rose 5.9% in January, mainly on higher crude oil exports (+9.0%). Higher prices and volumes both contributed to the growth in crude oil exports in January. While volumes were above pre-pandemic levels, prices still lagged, despite the monthly increase.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210305/dq210305a-eng.htm
Environment - Air Quality Water and Land Management - November 2017paul young cpa, cga
Here is look at air quality, water and land management around the world. There is allot of talk on climate change, but little is said about poor environmental standards when it comes to air quality or land management or drinkable water.
Competitiveness - Canada vs Other Countries - January 2018paul young cpa, cga
This document discusses Canada's cost competitiveness compared to other countries. It summarizes that Canada has fallen in international rankings on taxation and productivity. Several factors impact competitiveness, including high hydro rates in some provinces, increasing regulatory burdens, and new policies around taxation, labor, and innovation funding. The US tax reforms will further improve US competitiveness by lowering corporate taxes to levels close to Canada's. The author argues that Canada needs to revise multiple policies, including tax policies, to encourage business investment and improve competitiveness.
This document discusses Canada's cost competitiveness compared to other countries. It analyzes Canada's rankings in areas like taxation, productivity, innovation, labor costs, hydro rates, and regulatory burden. It also looks at US manufacturing and the PMI indexes of Canada and the US. The document argues that no single policy determines competitiveness and that Canada needs tax reforms to encourage business investment as other countries like the US are reducing business taxes while Canada is increasing various taxes.
This document provides a summary of the cost of living in Canada as of October 2021. It includes statistics and data on topics like the consumer price index, housing price index, household debt, carbon taxation, average wages, lumber and natural gas prices. The author is a CPA and subject matter expert who provides contact information. They analyze how various policies have impacted affordability and what further actions could be taken to address issues like housing affordability, skills gaps, competitiveness and supporting different economic sectors.
Canada needs to development Natural Resources and Agricultural Strategypaul young cpa, cga
Natural resources and Agriculture play a key role in terms of economic wealth and supply chain management. It is important for all levels of government to work together as part of developing effective strategy that will maximize the development of both natural resources and the agriculture sector.
Market set prices for business
Government set policies like environment laws, labour laws, trade/investment, taxation
It is not one policy that drives FDI, but many policies
Here is look at Canada competitive position with countries around the globe. Attracting FDI is key area for countries as such costs and productivity come into play when businesses are looking at making business investments.
In 2019, we saw evidence of the impact of economic headwinds on overall mergers and acquisitions (M&A) activity, with global deal value declining 33% from Q4 2018 to US$20.6b. Deal value increased in the renewables and water and wastewater segments quarter on quarter while decreasing in the remaining segments.
Competitiveness - Canada vs other countries - February 2018paul young cpa, cga
Market set prices for business
Government set policies like environment laws, labour laws, trade/investment, taxation
It is not one policy that drives FDI, but many policies
Morneau and the Liberals are moving to higher taxes and more regulations as compare to the USA that is reducing taxes and regulations - https://globalnews.ca/news/3997351/canadian-oil-rigs-moving-to-texas/
January 2018 saw the worst drop losses in nearly 10 years - https://globalnews.ca/news/4015855/canadian-economy-jobs-unemployment-statscan/
The document discusses issues facing Canada's slowing economic growth and potential solutions. It summarizes that Canada has experienced slow GDP growth for over 12 years due to factors like commodity prices, consumer demand, and exports. Most of Canada's GDP comes from the services sector rather than goods producing. Potential next generation businesses include 3D printing, drones, and driverless cars. The government could support these through innovation centers, tax credits, and reducing red tape. Expanding exports, revamping education and skills training, controlling housing price growth, and reducing government deficits and debt are also discussed as ways to address slow economic growth in Canada.
The total value of shipments of minerals showed a decrease in April, followed by two consecutive monthly increases. The total value of minerals shipped declined 17.6% in April to $3.47 billion from March, driven by a decrease in metallic minerals. In May, the total value of shipments of minerals rose 4.7% to $3.63 billion, led by an increase in the value of shipments of both metallic and non-metallic minerals. Finally, the value of shipments of metallic minerals saw a large increase (+10.3%) in June, which more than offset a slight decrease in non-metallic minerals. This resulted in an 8.4% increase of the total value of shipments of minerals.
Overall, the total value of shipments of minerals nearly doubled in the second quarter of 2021 compared with the same period in 2020. Higher shipment values for gold, iron ore and copper were mainly responsible for the gain.
https://www150.statcan.gc.ca/n1/daily-quotidien/210823/dq210823a-eng.htm
1. AB Oil - https://www.ft.com/content/102a1c89-632b-4e41-8af1-4bad95a5b017
2. Capacity utilization - https://tradingeconomics.com/canada/capacity-utilization
3. Employment - https://canadianvisa.org/blog/jobs/top-3-provinces-to-find-mining-jobs-in-canada
4. Northern Ontario - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-lake-superiors-north-shore-remains-fertile-ground-for-gold-high-tech-metals-4220807
5. EV strategy - https://biv.com/article/2021/08/canada-needs-ev-battery-supply-chain-strategy?amp
6. Batteries - https://www.nature.com/articles/d41586-021-02222-1
7. Lumber production - https://www.bloomberg.com/news/articles/2021-08-20/tumbling-lumber-prices-force-canadian-mill-to-curb-production
8. Mining - https://www.theglobeandmail.com/business/article-mining-industrys-green-metals-are-a-fallacy-experts-say/
9. Steel - https://www.northernminer.com/subscribe-login/?id=1003833805
10. Conflict metals - https://breachmedia.ca/leaked-report-accuses-canada-of-covering-for-mining-companies-in-war-torn-ethiopia/
Has Justin Trudeau been Open,, Transparent and Accountable to Canadians WE Ma...paul young cpa, cga
This presentation provides a review of key policies of Justin Trudeau's government, including statistics and independent reports on its governance model. Several issues are raised such as high household debt, inflation, censorship, deficits, and whether the government has been open and accountable. The presentation is designed for Canadians to ask questions of Trudeau and his team about accountability. It references reports on topics like the ethics code, internet bills, sentencing laws, and the performance of the Canada Revenue Agency.
Summary:
In August, Canada's merchandise exports decreased 2.9%, largely due to lower exports of energy products. Imports fell 1.7%, mainly on decreased imports of motor vehicles and parts. As a result, Canada's merchandise trade surplus with the world narrowed from $2.4 billion in July to $1.5 billion in August. This is the lowest monthly trade surplus observed to date in 2022.
Exports to countries other than the United States fell 4.3% in August. Exports to Hong Kong (gold), South Korea (coal and crude oil), the United Kingdom (crude oil and gold) and Japan (wheat, canola and copper) posted the largest declines.
Meanwhile, imports from countries other than the United States rose 1.1% in August. Higher imports from China (various products) and Belgium (pharmaceuticals) were partially offset by the decrease in imports from South Korea (light trucks and passenger cars).
The merchandise trade deficit with countries other than the United States widened from $8.3 billion in July to $9.2 billion in August.
Key facts:
a) Nearly $14B of the surplus is related to energy.
b) Canada continues to face challenges with near shoring of manufacturing
c) Canada needs to streamline regulations as part of getting goods out of the ground to market
d) Canada lacks ports and rail capacity to ship record levels of grains.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/221005/dq221005a-eng.htm
In June, Canada's merchandise exports increased 2.0%, mostly on crude oil and gold exports. Meanwhile, imports rose 1.7%, mainly on energy products. As a result, Canada's merchandise trade surplus with the world widened from $4.8 billion in May to $5.0 billion in June.
Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220804/dq220804a-eng.htm
Electrical Vehicles and Plug-In Stations Adoption| March 2022paul young cpa, cga
1. The document discusses electrical vehicle sales and adoption, providing data on global EV sales in December 2021 which showed year-over-year growth. It also shares data on EV sales in regions like the USA and Canada.
2. Details are given on power generation sources and key countries, highlighting the continued global shift away from coal while China remains reliant on it. Borders taxes for carbon emissions are also discussed.
3. Smart grids and micro power plants are mentioned as technologies supporting renewable energy adoption and distributed power generation.
Electrical Vehicles and Plug-In Stations Adoption| February 2022paul young cpa, cga
Summary:
Electrical vehicle sales hit 6.7M sales in 2021, or about 10% of the global sales. Its growth continues it would still take over a decade to complete the transition to electrical vehicles.
Little is said about the tailing pond issue with the mining of lithium, rare metals, graphite, and other critical metals
Many governments are struggling with their fiscal budget cycle. The lost gas tax revenue will need to be made up with new road and user taxes that would include electrical vehicles.
The power grid continues to struggle with outages. More investment is required with the power grid.
1. Lithium supply - https://www.mining.com/global-lithium-production-hits-record-high-on-electric-vehicle-demand/
2. Lithium prices - https://www.theguardian.com/australia-news/2022/feb/09/gone-ballistic-lithium-price-rockets-nearly-500-in-a-year-amid-electric-vehicle-rush
3. Plug-in stations - https://www.mapleridgenews.com/news/west-kootenay-town-nixes-free-charging-station-for-evs/
4. Plug-in stations - https://etfdb.com/climate-insights-channel/the-case-for-ev-investment-keeps-getting-stronger/
5. Plug-in stations - https://www.marketwatch.com/story/bp-says-its-ev-charging-stations-about-as-profitable-as-conventional-gas-stations-11644329726
6. Graphite - https://electrek.co/2022/02/08/michigan-will-get-a-new-graphite-processing-factory-to-support-us-ev-battery-production/
7. Battery - https://news.ontario.ca/en/release/1001557/province-invests-in-windsor-electric-vehicle-battery-innovation-lab-to-boost-regional-economy
8. Environment - https://www.euronews.com/green/2022/02/01/south-america-s-lithium-fields-reveal-the-dark-side-of-our-electric-future
9. Biden tax credits – https://www.cnet.com/roadshow/news/biden-lauds-tesla-and-other-electric-vehicles-being-made-in-america/
10. Graphite - https://www.kitco.com/news/2022-02-08/Global-graphite-production-up-in-2021-as-China-cements-its-top-producer-status.html
11. Rare metals - https://reachmarkets.com.au/news/why-rare-earth-miners-need-support-to-shore-up-manufacturing-future/
12. Chip - https://reachmarkets.com.au/news/why-rare-earth-miners-need-support-to-shore-up-manufacturing-future/
13. Power outages - https://www.smart-energy.com/industry-sectors/energy-grid-management/power-supply-challenges-leave-350-million-with-major-outages-study/?utm_source=rss&utm_medium=rss&utm_campaign=power-supply-challenges-leave-350-million-with-major-outages-study
14. Taxes - https://ca.finance.yahoo.com/news/m-ps-call-for-electric-vehicle-owners-to-pay-car-tax-000139133.html or https://www.theguardian.com/politics/2022/feb/04/uk-road-pricing-transport-committee-mps-electric-shift
15. China and EV - https://batteriesnews.com/catl-dominates-worlds-ev-battery-market/
Summary:
• Canada's trade surplus narrowed in April, as the surplus in goods trade led the decline. Services trade also contributed to the move, as travel restrictions were lifted in Canada.
• Going forward, we see an improvement in the trade balance as higher commodity prices should support Canadian exports. Furthermore, easing supply chains should open the way for further gains in manufacturing exports.
Source - https://economics.td.com/ca-international-trade
Key Economics and Market Indicators for Canada and United States - March 2017paul young cpa, cga
This presentation looks at both macro and micro indicators for both United States and Canadian economy. The focus is on the major indicators like housing starts, employment, commodity pricing, trade, automotive, oil, class 8 trucks and power generation
The document provides an overview of key trends in the automotive sector including:
- Shifting production levels between the US, Canada, and Mexico from 2007 to 2018.
- Growing electric vehicle sales, particularly in Norway due to substantial government incentives.
- Issues facing the automotive sector in Ontario like rising costs of labor, hydro rates, and the potential impact of the USMCA trade agreement.
Canada NR is at the make-or-break point as world is need of key commodities like oil, LNG, lithium, food, and other commodities.
After over 6 years the Liberals are now focusing on the critical metal sector in Canada.
High commodity prices continue to benefit government revenues
India continues looks at ways to expand trade relations with Canada
Iran oil production has now hit pre-sanction levels
EMEA and USA continue to look at ways to wane EMEA off Russian oil and gas
Halifax port was sold a Singapore outfit
Has Justin Trudeau been Open,, Transparent and Accountable to Canadians WE Ma...paul young cpa, cga
Good leadership knows how to shift gears. Justin Trudeau took over an economy that was growing at 2.3% per year post-2009 recession. Trudeau decided to help the economy through his stimulus. The problem is that Trudeau policies never addressed issues with productivity, innovation, skills gap, tax fairness, and delivery program spending with value for money.
Canada GDP per capita has trail countries like Qatar. Canada economy would be doing much better with high commodity prices but LPC policies like C69 have either led to cancelation of projects or a slow approval process of new mines
Trudeau also continues to throw money at various programs despite audits and PBO reports saying the programs either are ineffective. Trudeau only seems to care when a report supports his narrative. Trudeau refuses to do a complete spending review as he believes in big and expensive government.
The so-called carbon tax has made lives less affordable to many Canadians
Attracting foreign direct investment is very key to countries like Canada. Canada needs to be cost competitive with other jurisdiction in order to received FDI into Canada
This presentation looks at the strides Japan has made with its’ competitiveness and how their approach could be adopted by other countries like Canada.
Japan is key global player as such Canada needs to expand exports to Japan
2019 Election| Protectionism and Trade Policies| Canada and the World| May 2019paul young cpa, cga
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.
The increase came as imports of energy products gained 26.3 per cent for the month helped higher by imports of crude oil and bitumen as both prices and volumes rose. Imports of consumer goods rose 6.5 per cent, while motor vehicles and parts added 9.9 per cent.
Meanwhile, total exports rose 6.3 per cent to a record $63.6 billion in March as higher prices helped exports of energy products gain 12.8 per cent to a record $17.9 billion. Exports of motor vehicles and parts rose 7.9 per cent.
Excluding energy products, exports gained 4.0 per cent in March.
https://economics.bmo.com/en/publications/detail/21fe3df8-4b7e-4686-8766-d42eb0539c69/ and https://www.therecord.com/ts/business/2022/05/04/canada-posts-25b-trade-surplus-for-march-as-imports-and-exports-hit-record-highs.html
Market set prices for business
Canada goods producing sector jobs as % of total jobs has decreased since the Liberals took office in 2015
Liberals impose new small business tax rules (Passive Income and Income Sprinkling)
Government set policies like environment laws, labour laws, trade/investment, taxation
Canada new C69 will drag out approval for resource projects by years.
It is not one policy that drives FDI, but many policies
FDI has left Canada for other jurisdiction due to taxes and regulatory processes - http://business.financialpost.com/commodities/energy/canadian-drillers-moving-rigs-south-to-chase-better-prospects-in-texas-oilfields
Canada personal taxation rates have been increased over the past few years.
Oil and Gas Sector -Analysis and Commentary - June 2022.pptxpaul young cpa, cga
Blog – Oil and Gas Sector – What is next – July 2022
High oil prices continue to plague world economies. There seems to be no appetite to pause and/or reduce carbon tax pricing.
The United States continues to be a world leader in the exporting of LNG
Canada continues to lag its peers when it comes to oil and natural gas production.
Hydrogen projects continue to expand. The issue that is ignored by environmentalist that bulk of hydrogen production comes from the production of natural gas
Has Justin Trudeau been Open,, Transparent and Accountable to Canadians WE Ma...paul young cpa, cga
This presentation provides a review of key policies and statistics on Justin Trudeau's governance. It analyzes topics like inflation, housing prices, household debt, military spending, censorship, deficits, and more. Independent reports question whether Trudeau has ensured openness, transparency and accountability. The presentation allows Canadians to question Trudeau and his team on these issues.
This document discusses Canada's declining competitiveness under the Liberal government according to various global rankings and statistics. It analyzes Canada's falling rankings in areas like taxation, productivity, innovation, labor costs, hydro rates, and regulatory burden since 2015. Specific Liberal policies like the carbon tax, changes to small business taxes, CPP hikes, and Bill C-69 are criticized for reducing competitiveness versus the US. Charts and data are presented comparing metrics between Canada and the US as well as other nations. Conservative Party economic policies are presented as alternatives that could improve Canada's competitiveness.
Similar to Canada Manufacturing sector in Crisis (20)
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
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.
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
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/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
The document provides an overview of key metrics and trends in the logistics, warehousing, distribution, and transportation sector. It includes data on consumer price index, diesel fuel costs, freight indexes, e-commerce sales, retail sales, class 8 truck sales, EPA emissions standards, trailer sales, and tonnage. It also discusses supply chain management solutions like planning analytics, blockchain, and AI assistants. Finally, it touches on topics like infrastructure spending, automation, and ESG reporting.
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
United States retail sales rose 0.6% in August despite flat sales at internet retailers after Amazon Prime Day. Most of the increase was due to higher gasoline prices. While consumer spending has been strong, higher interest rates and a slowdown in hiring are expected to restrain purchases in the coming months. Forecasters predict the 2023 holiday shopping season could be the weakest in five years due to economic challenges facing consumers. The retail sector continues facing inventory management challenges and social governance issues.
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
This document provides a summary of strategies to improve governance in government. It discusses factors that impact governance like transparency and accountability. It recommends using performance audits to assess key performance indicators and ensure recommendations are implemented. Other strategies include improving data ethics and literacy, mitigating geopolitical risks, adopting ESG reporting, and using technology like audit analytics and AI to enhance governance. The overall goal is for government to deliver programs and tax policies with value for money and transparency.
This document provides an analysis of the agriculture output and equipment sector for August 2023. It includes discussions of commodity prices, crop estimates, energy prices, food prices, farming incomes, top farming states, food processors, and the role of technology and government in farming. Key points covered include rising input costs challenging farmers, preliminary crop estimates for Canada, volatility in oil and diesel prices impacting farm expenses, and opportunities for data and automation to help address issues in the agriculture industry.
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
- An introduction and biography of presenter Paul Young CPA CGA
- An agenda covering topics like vaccine production, drug discovery, innovation in areas like storage and AI, and the life sciences strategy
- Links and summaries of information on these topics, including the top vaccine manufacturers, regulations in Canada, and growth in the pharmaceutical market
The presentation aims to discuss key areas of the biotech/pharmaceutical sector including vaccine development and production, drug discovery, innovation, and strategies for the life sciences industry. Links and outside sources are provided to support the topics in the agenda.
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
This document discusses using analytics to improve public safety management. It outlines rising public safety costs for governments and key issues facing policing like complex crimes and accountability. The document presents crime rate data for Canada and discusses building machine learning models in SPSS and dashboards in Cognos Analytics to analyze police data and forecast expenses. Finally, it lists potential next steps for crime in Canada like bail and corrections reforms, gun control, and increased police oversight.
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.
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
The document discusses workforce planning and employment analysis. It provides an overview of employment statistics in the United States, Canada, and Australia. It then discusses Sysco's workforce planning model and the role of the CFO in workforce planning. Finally, it defines autonomous finance as the automation of financial operations through software and algorithms, and provides some key statistics on its adoption.
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
This presentation provides an overview of key trends in the global automotive sector in August 2023. It discusses 1) sales trends in Canada, the US and globally, 2) the growth of electric vehicles and focus on reducing emissions, and 3) ongoing transformation in the industry through automation, connectivity and new technologies. Sources included discuss topics like electric vehicle production and adoption, public safety issues regarding EV fires, gasoline and car prices, supply chain challenges, and green transitions in transportation.
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
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Agenda
• PMI Index – Canada vs USA
• USA vs Canada – Automotive
• USA vs Canada – Forestry
• USA vs Canada – Oil Production
• USA vs Canada – Manufacturing (overall) - Employment
• Blog – Jerry Dias – Unifor
4. Overview
• Manufacturing is a key are for both countries. USA
government policies have focus on cuts to both
taxation and regulations as compare to Canada
government policies which are more focused on
increasing both taxation and regulations.
5. PMI – Canada vs. USA
Canada PMI
Source - https://tradingeconomics.com
USA PMI
6. USA vs Canada - Automotive
Issues
• Ontario competitiveness (High hydro rates, hikes to CPP, threat of federal
impose carbon tax, new labour laws, etc.)
• Mexico and the USA have an agreement under NAFTA to raise wages -
https://globalnews.ca/news/4413740/nafta-canada-auto-industry/
• Changes in cost structures will lead to increase to vehicle costs
• Electrical car sales still only account for 2% of the total vehicle sales.
Ontario and other governments are eliminating the tax credits when it
comes to purchasing electrical cars
• Jerry Dias has done little to support the automotive sector. Jerry Dias
approach almost cost jobs at CAMI -
https://www.thestar.com/business/2017/10/13/general-motors-reaches-
tentative-agreement-at-its-ontario-cami-plant.html
7. USA vs Canada – Oil
Production
This is what happens when you listen too much to radicals
https://www.slideshare.net/paulyoungcga/oil-market-
analysis-and-commentary-july-2018
https://www.cbc.ca/news/politics/c69-regulation-
overhaul-1.4830334
Trudeau and his team are not about development of
resources. Trudeau should just say he is implementing the
leap manifesto of the NDP instead saying he is for oil.
USA is moving to be an exporter of oil -
https://www.reuters.com/article/us-usa-oil-exports/u-s-
crude-exports-in-july-edge-down-from-record-high-data-
idUSKCN1LL2AA
BTW:
The Energy is one of the reason the trade deficit annually
is only $25B
8. Canada vs USA – Forestry Sector
1. Canada is able to export lumber as it does not take a pipeline -
https://www.bnnbloomberg.ca/economics/video/overall-impact-of-
softwood-lumber-dispute-minimal-for-canada-economist~1108540
2. Lumber industry has been outspoken when it comes to Carbon Tax
- https://business.financialpost.com/commodities/energy/citing-
competitiveness-pressures-feds-ease-carbon-tax-thresholds
3. C69 / More regulations -
https://business.financialpost.com/commodities/energy/think-its-
hard-to-build-big-projects-in-canada-wait-till-you-see-the-liberals-
new-bill
4. Canada has issues with high costs of hydro, stumpage fees, etc. -
https://www150.statcan.gc.ca/n1/pub/16-201-x/2018001/sec-2-
eng.htm
5. Provinces need to get better at forest management practices -
https://www.slideshare.net/paulyoungcga/forestry-
management-practices-around-the-world-june-
2018
10. Blog – Unifor / Dias
Hey Dias,
You stand up for nothing. I suggest you go look at
data to see what is happening in those areas
and/or historical stats related to culture, dairy, etc.
1. Cultural industries already have foreign
ownership -
https://www.slideshare.net/paulyoungcga/cult
ure-policies-broadcasting-canada-and-nafta-
september-2018
2. Dairy Industry has been open up under other
trade deals -
https://www.slideshare.net/paulyoungcga/dair
y-canada-analysis-and-commentary - Transition
funds were provided
3. Go look at the stats for lawsuits and disputes
4. Mexico got a deal done, right
11. Solutions
Trudeau needs to scrap
both the carbon tax and
C69 as both those
aforementioned policies
will lead to less
investment in Canada
Trudeau needs to review
government support to
areas like supply
management
Trudeau needs to expand
innovation funding to all
colleges and university.
The funding should be
based on per capita.
Trudeau needs to expand
capacity of ports. This
could mean selling off
ports to the private
sector and let the private
sector run the ports.
Trudeau and his
government need to
scrapped the small
business tax changes on
passive income as well as
income sprinkling
Hydro policies across
Canada need to be
reformed.