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CANADA – NATURAL
RESOURCES AND
IMPORTANCE TO GDP
PAUL YOUNG CPA, CGA
MAY 31, 2017
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
NATURAL RESOURCES – MERCHANDISE TRADE
• Stats Canada
GDP / WAGES
• Stats Canada
COMMODITY INDEX
• Scotiabank Economics
CANADA BITUMEN
•StatsCanada
• Canada ranks#3 in terms size
of their proven reserves
• Many products today still
require oil based raw
materials like cell phones
• Oil production accounts for
about 2% of GDP
• Canada carbon neutral when
it comes to emissions
NATURAL RESOURCE WEALTH
• Government of Canada
• Commodity prices have
rebounded, but still trail
prices from 2017
• Government of Canada has
not streamline the regulations
to get project off the ground
• Clean Technology requires
raw materials like vanadium,
rare metals, aluminum, nickel
and lithium
• Canada lacks to capacity to
extract and refine raw
materials
• Canada is imposing Carbon
Tax on all provinces
JUSTIN TRUDEAU / PM OF CANADA
• http://www.macleans.ca/news/canada/what-justin-trudeau-plans-to-tell-davos/
• Exports of natural
resources account
for 51% of all
exports
• You cannot Finished
Goods without raw
materials
• Canada has vibrant
technology sector as
well as diversified
economy
SUMMARY
• The natural resources pay 30% higher wages than average wages in Canada
• Natural resources have huge trade surpluses.
• Canada needs to streamline processes to get material out of the ground to market
• You cannot have clean technology without raw materials
• Natural Resources drive government revenue which then supports innovation funds. Many clean tech
companies in Canada have not been able to generate a profit. The market value of clean technology
companies is driven by their goodwill, not their profit.

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Canada - Natural Resources and Importance to GDP - June 2017

  • 1. CANADA – NATURAL RESOURCES AND IMPORTANCE TO GDP PAUL YOUNG CPA, CGA MAY 31, 2017
  • 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. NATURAL RESOURCES – MERCHANDISE TRADE • Stats Canada
  • 4. GDP / WAGES • Stats Canada
  • 6. CANADA BITUMEN •StatsCanada • Canada ranks#3 in terms size of their proven reserves • Many products today still require oil based raw materials like cell phones • Oil production accounts for about 2% of GDP • Canada carbon neutral when it comes to emissions
  • 7. NATURAL RESOURCE WEALTH • Government of Canada • Commodity prices have rebounded, but still trail prices from 2017 • Government of Canada has not streamline the regulations to get project off the ground • Clean Technology requires raw materials like vanadium, rare metals, aluminum, nickel and lithium • Canada lacks to capacity to extract and refine raw materials • Canada is imposing Carbon Tax on all provinces
  • 8. JUSTIN TRUDEAU / PM OF CANADA • http://www.macleans.ca/news/canada/what-justin-trudeau-plans-to-tell-davos/ • Exports of natural resources account for 51% of all exports • You cannot Finished Goods without raw materials • Canada has vibrant technology sector as well as diversified economy
  • 9. SUMMARY • The natural resources pay 30% higher wages than average wages in Canada • Natural resources have huge trade surpluses. • Canada needs to streamline processes to get material out of the ground to market • You cannot have clean technology without raw materials • Natural Resources drive government revenue which then supports innovation funds. Many clean tech companies in Canada have not been able to generate a profit. The market value of clean technology companies is driven by their goodwill, not their profit.

Editor's Notes

  1. http://gulfbusiness.com/top-10-countries-with-the-worlds-biggest-oil-reserves/ http://business.financialpost.com/fp-comment/canada-may-already-be-carbon-neutral-so-why-are-we-keeping-it-a-secret