Summary: Inflation continues to be an issue for many Canadians. Green inflation continues to key part of the rise of inflation More and more people are being left out of the housing market 1. Average House – https://globalnews.ca/news/8516543/canada-home-sales-record-crea/ 2. Lumber prices - https://fortune.com/2022/01/12/lumber-prices-skyrocket-again-weather-sawmill-production-supply-chain/ 3. Gasoline – https://www.marketscreener.com/quote/commodity/WTI-2355639/news/Front-Month-Nymex-RBOB-Gasoline-Rose-0-53-to-Settle-at-2-4318-Data-Talk-37578932/ 4. Food - https://www.bloomberg.com/opinion/articles/2022-01-16/soaring-food-prices-can-pay-for-a-more-secure-future 5. Top jobs - https://www.ctvnews.ca/canada/these-are-the-most-in-demand-skills-for-canadian-job-seekers-1.5741586 and https://dailyhive.com/vancouver/in-demand-highest-paying-jobscanada-2022 6. Home building - https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html 7. Education - https://www.kenoshanews.com/opinion/columnists/commentary-college-students-aren-t-getting-the-education-they-paid-for-where-s-the-reimbursement/article_66dd9f71-8aa3-56d4-8dc0-45de2fc67e4e.html 8. Rent costs - https://rentals.ca/national-rent-report 9. Shipping - https://rentals.ca/national-rent-report 10. Green Inflation - https://globalnews.ca/news/8508541/canada-green-transition-inflation/ 11. Natural gas prices - https://www.naturalgasintel.com/february-natural-gas-called-slightly-higher-as-forecast-outlook-steady-over-weekend/ 12. EV range - https://insideevs.com/news/561634/us-median-range-gasoline-bevs/ 13. Existing home sales - https://economics.td.com/ca-existing-home-sales 14. Businesses and Inflation - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-businesses-predicting-higher-inflation-through-2023-boc-survey/

1. Cost of Living in
Canada –
December 2021
Paul Young CPA CGA
January 19, 2022

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
• Consumer Price Index
• Housing Price Index
• Housing Prices
• Household Debt to Income
• Carbon Taxation
• Cdns above the average wage
• Cable and Satellite Pricing Index
• Lumber Prices
• Natural Gas
• Summary

4. Introduction
• The liberal ran on a platform saying they would make things more
affordable. This presentation discuss key policy changes as part of
people assessing did the Liberals make lives either more affordable
or less affordable

5. OECD and Inflation

6. Child Care Costs
Blog – Childcare and Daycare – Canada – What is next
I believe in program spending if it is effective in terms of results. The $10 childcare model proposed by @JustinTrudeau
is poorly constructed due systemic issues with daycare like oversight, availability of spots, and cash strapped families.
My work - https://www.slideshare.net/paulyoungcga/daycare-and-child-care-funding-canada-october-2021
While the federal government seems to have placed Quebec’s child-care system on a pedestal, hailing it as the “very best
example,” we believe the national child-care plan could — and should — do better. Almost from its inception in 1997, the
Quebec daycare system has had long waiting lists that aren’t getting any shorter. Some 51,000 children are currently
waiting for a space. Things have gotten to the point where families believe it’s normal to spend several years on a waiting
list before getting a slot in a subsidized child-care centre. This is despite the now billions of dollars spent every year
throughout the system.
https://financialpost.com/opinion/opinion-lets-not-kid-ourselves-quebecs-child-care-is-no-model
This daycare plan is flawed! https://www.slideshare.net/paulyoungcga/daycare-and-child-care-
funding-canada-october-2021 . You may want to read the various audit reports on the existing
issues with daycare before making your various tweets.
https://www.cbc.ca/news/politics/childcare-ontario-liberals-
1.6207667?__vfz=medium%3Dsharebar

7. Inflation / Canada
Source – Stats Canada
CPI_Canada -
December 2021.pdf

8. Summary - Inflation

9. Summary - Inflation

10. Housing Price Index
Source - https://tradingeconomics.com/canada/housing-index

11. BMO – Consumer Price Index
Source - https://economics.bmo.com/en/publications/detail/7e1858b3-
48b6-4a28-b92b-8319e871ad62/
U.S. Consumer
Inflation 'Entrenched'.pdf
Source -
https://economics.bmo.com/en/publications/deta
il/c816a0fa-23b2-427e-9d49-cd8a52355809/

12. Consumer Price Index

13. Industrial Produce Price Index

14. Household Costs / Carbon Pricing CAN environmental ranking has dropped one position under
your watch
No where do you mentioned either the dumping of sewage into
waterways or the impact of cruise ships.
No where do you mentioned that carbon tax hurts family
$1K+/yr (ex-tax credit)
https://www.slideshare.net/paulyoungcga/2019-election-
environment-climate-change-issues-and-concerns-canada-
september-2019
@cathmckenna
You allow sewage into waterways
Cruise ship have emissions issues
Oil is going by rail
Canada already taxed pollution way before your carbon tax
https://www.slideshare.net/paulyoungcga/2019-election-
environment-climate-change-issues-and-concerns-canada-
september-2019

15. Carbon Tax
Source – Fraser Institute

16. Average Wages / Canada

17. Lumber Cost
Source - https://www.canadianmanufacturing.com/operations/new-record-wood-product-prices-boost-shares-and-estimates-for-canadian-producers-259279/ or
https://www.slideshare.net/paulyoungcga/forestry-management-environment-sustainable-practices or https://www.slideshare.net/paulyoungcga/what-is-next-for-the-forestry-sector-243761063

18. Natural Gas
Natural gas prices continue to rise
Natural gas plants are moving to zero-emissions through carbon sequestration processes
Carbon tax prices will continue to impact utility costs for both households and businesses
https://www.slideshare.net/paulyoungcga/what-is-next-for-natural-gas-250240876
https://www.cnbc.com/2021/09/16/why-natural-gas-could-extend-its-pullback-according-to-charts.html
Key Takeaway: These are good times for natural gas producers, which could extend into next year. Thus, the risks to our
annual average forecast for Henry Hub of $3.50 for 2021 and $3.00 for 2022 remain skewed towards the upside.
https://economics.bmo.com/en/publications/detail/65ad0b01-40d1-4f0f-be57-71d7851ff5f0/

19. Electricity Costs
European electricity prices have climbed to their highest levels in over a decade in recent weeks, rising above 100 euros
per megawatt-hour in many markets. In Germany and Spain, for example, prices in September have been around three
or four times the averages seen in 2019 and 2020. This increase has been driven by the surge in gas, coal and carbon
prices in Europe.
Chinese utilities are only permitted to pass along 10% price increases. They have not yet been permitted to pass along
more price increases to consumers. This makes for a less flexible response the shortages and price increases.
https://www.nextbigfuture.com/2021/09/coal-and-gas-prices-have-doubled-which-contribute-to-china-power-
outages.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%
28nextbigfuture%29
My work: https://www.slideshare.net/paulyoungcga/world-electricity-analysis-and-commentary-june-2021

20. Global Energy Prices
• Global energy prices have spike due to issues with
energy supply -
https://www.slideshare.net/paulyoungcga/world-
electricity-analysis-and-commentary-july-2021

21. Monetary Policies
• All Canadian governments had an inflation target between 1.5 and 2.1% range as part of any
monetary policy - https://www.slideshare.net/paulyoungcga/what-is-next-for-global-monetary-policies-
october-2021
• Bank of Canada has raised concerns about the economy – https://www.reuters.com/business/bank-
canada-says-economic-slack-not-yet-absorbed-getting-closer-2021-11-15/
• Household debt - https://www.theglobeandmail.com/business/article-bank-of-canada-calls-out-investors-
for-boosting-home-prices-warns-of/
• Fiscal Plans - https://www.tradingview.com/news/mtnewswires.com:20211124:A2550042:0-td-on-how-
canada-s-federal-provincial-fiscal-plans-are-evolving/
• High housing costs - https://www.bnnbloomberg.ca/video/higher-interest-rates-will-leave-a-mark-on-the-
housing-market-and-the-canadian-economy-national-bank-of-canada-s-lovely~2329212

22. Other Sources
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning, and
development then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA

23. What’s next
• Removing the carbon tax
• All levels of government need to stop looking for ways to tax people
and start fixing issues with the tax code as well as finding better
ways to deliver government -
https://www.slideshare.net/paulyoungcga/2019-election-fiscally-
responsible-government-canada-september-2019 or
https://www.slideshare.net/paulyoungcga/2019-election-tax-
reforms-and-fairness-canada-september-2019
• Fixing policies that will ensure Canada is more competitive when it
comes to attracting FDI -
https://www.slideshare.net/paulyoungcga/2019-election-canada-
competitivenes-september-2019
• All governments along with the private sector need to fix the
systemic issues with housing -
https://www.slideshare.net/paulyoungcga/2019-election-housing-
affordability-canada-june-2019
• All levels of government along with private sector need to work
together as part of address the skill gap issues -
https://www.slideshare.net/paulyoungcga/2019-election-human-
capital-and-skills-management-canada-september-2019
• Post-Covid19 - https://www.slideshare.net/paulyoungcga/whats-
next-for-canada-post-covid19
• Fixing issues plaguing the goods-producing sector -
https://www.slideshare.net/paulyoungcga/how-to-address-issues-
facing-getting-goods-to-market
• Circular Economy - https://www.slideshare.net/paulyoungcga/how-
to-best-support-a-circular-economy