This document discusses issues and potential solutions related to education in Ontario. It provides a biography of author Paul Young and his background. Key points made in the document include:
- Graduation rates have improved across Canada but money from political parties is not improving how tax dollars are delivered to students.
- Rural Ontario needs a new economic development strategy and education is not well aligned with today's and future jobs.
- Too many students lack critical thinking skills and have been treated as "special" rather than prepared for the real world.
- There is a need for more emphasis on subjects like financial planning, science, technology and writing in secondary school programs.
- The document outlines an agenda to discuss specific topics in more depth
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
The provincial government will need to introduce pension, compensation and benefits reforms in order to control the cost of education.
Pension plans should be rolled into defined contribution and pensions matching should be topped at 4%.
The government needs to eliminate the double dipping, i.e. teachers retired then substitute
The govt and school boards need to look at school closings including building new schools and/or renovating schools as part managing enrollment.
More funding for teacher assistance to help with FDK and/or special needs students.
The government needs to look at policies like carbon taxation, hydro rates, etc as part of reducing the operational costs to schools.
This document discusses issues facing education in Ontario in March 2019. It provides a biography of author Paul Young and his background. The main sections discuss graduation rates, education rankings, teacher compensation, the Drummond report, skills gaps, rural economic development challenges, and issues with the types of programs offered in secondary schools. It argues that money has been thrown at symptoms rather than improving delivery of funds to students. Education also needs better alignment with jobs of today and the future.
Education across Canada have seen improvement in graduation rates.
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
Paul Young, a CPA and expert in various fields, presented an agenda on Canada and youth employment. The youth unemployment rate in Canada is the highest since the 1980s. While some jobs are recovering, businesses remain hesitant to add headcount. Government policies need to better support job creation, education aligned with future jobs, and startups. Programs that support youth and students require review for effectiveness and oversight of spending. Moving forward, policies should phase out income support and focus on job growth through public-private partnerships and embracing technology.
Connecting employers, further education and training providers.
CMI’s Learning Providing Conference in July 2016 affirmed that the skills landscape is going through significant change – which offers substantial opportunities to deliver employer-led training that can boost skills and performance.
This white paper captures the insights, ideas and perspectives on directions in further education and training shared by speakers at the conference.
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
The provincial government will need to introduce pension, compensation and benefits reforms in order to control the cost of education.
Pension plans should be rolled into defined contribution and pensions matching should be topped at 4%.
The government needs to eliminate the double dipping, i.e. teachers retired then substitute
The govt and school boards need to look at school closings including building new schools and/or renovating schools as part managing enrollment.
More funding for teacher assistance to help with FDK and/or special needs students.
The government needs to look at policies like carbon taxation, hydro rates, etc as part of reducing the operational costs to schools.
This document discusses issues facing education in Ontario in March 2019. It provides a biography of author Paul Young and his background. The main sections discuss graduation rates, education rankings, teacher compensation, the Drummond report, skills gaps, rural economic development challenges, and issues with the types of programs offered in secondary schools. It argues that money has been thrown at symptoms rather than improving delivery of funds to students. Education also needs better alignment with jobs of today and the future.
Education across Canada have seen improvement in graduation rates.
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
Paul Young, a CPA and expert in various fields, presented an agenda on Canada and youth employment. The youth unemployment rate in Canada is the highest since the 1980s. While some jobs are recovering, businesses remain hesitant to add headcount. Government policies need to better support job creation, education aligned with future jobs, and startups. Programs that support youth and students require review for effectiveness and oversight of spending. Moving forward, policies should phase out income support and focus on job growth through public-private partnerships and embracing technology.
Connecting employers, further education and training providers.
CMI’s Learning Providing Conference in July 2016 affirmed that the skills landscape is going through significant change – which offers substantial opportunities to deliver employer-led training that can boost skills and performance.
This white paper captures the insights, ideas and perspectives on directions in further education and training shared by speakers at the conference.
The document discusses issues facing Canadian youth, including high unemployment rates. It notes that job recovery has been slow and businesses are hesitant to add headcount. Education needs to better align with in-demand skills. Government programs for youth and students require review and reform. Going forward, policies should support job growth, education and technology while phasing out emergency aid as the economy recovers.
The document discusses issues facing Canadian youth employment and outlines Paul Young's presentation on the topic. It notes high youth unemployment rates in Canada and issues like high student debt loads. It provides statistics on youth unemployment rates in Canada and among OECD countries. It suggests the economic recovery needs policies that address skills training and education alignment with current and future jobs. The presentation agenda covers topics like youth unemployment, job recovery trends, the impact of automation, and recommendations for improving opportunities for Canadian youth.
The document discusses four labor force megatrends that are converging to create a "perfect storm" in job markets across Canada. The megatrends are: 1) The lingering effects of the Great Recession, 2) an aging population as Baby Boomers retire, 3) increasing skill requirements for jobs, and 4) an unprepared workforce as too few workers upgrade their skills or complete post-secondary education. Taken together, these trends will profoundly impact job prospects for many Canadians for decades and underscore the need for lifelong learning and career management to weather the coming changes.
This document summarizes a student paper analyzing ethical issues related to the rise in student loan debt from for-profit colleges. It finds that students at for-profit institutions take on the highest median loan debt but have the lowest graduation rates. This leads many to default on loans, burdening taxpayers. The paper evaluates the situation from different ethical frameworks and recommends standardized testing for admissions, financial literacy programs, and restructuring federal work-study to mitigate debt.
The role of government is to provide support programs as part of transitioning people into new careers. This presentation looks at CERB and EI programs.
This document provides a summary of Paul Young's views on income inequality and potential solutions. It notes that income inequality is an issue around the world and Canada has a relatively average level of inequality compared to other OECD countries. Paul argues that consumption taxes disproportionately hurt low to middle income earners. He believes the best solutions are job creation, improving education, reducing tax havens, reforming trade practices, and stopping one-off policy proposals rather than comprehensive reforms.
Colleges and universities must do a better job preparing students for the workplace. Currently, many graduates are unemployed or underemployed due to a lack of practical skills. Schools should offer more career-focused courses and internship opportunities to help students discover potential careers and gain experience. They must also improve career centers to better assist students with job searching, resume writing, and interview skills. Doing so would help ensure students obtain jobs requiring their degree level upon graduation.
The document proposes reforms to the Carl D. Perkins Career and Technical Education Act to transform career and technical education (CTE) programs. The reforms are guided by four principles: 1) alignment of CTE programs with labor market needs, 2) collaboration among secondary/postsecondary institutions and employers, 3) accountability for improved student outcomes, and 4) innovation supported by systemic state reforms. Key proposals include requiring states to identify in-demand jobs to guide CTE programs, funding consortia to increase collaboration, using competitions to distribute funds, implementing common performance definitions, and establishing an innovation fund. The goal is to improve CTE programs and better prepare students for careers or further education.
This presentation provides an overview of the workforce system in Florida as it prepares to deploy Recovery Act funds as an investment in 21st century talent solutions.
This presentation discusses all aspect low income and poverty levels including government policies, job creation, hydro rates, cost of living, income growth, income inequality, wealth distribution and income tax.
In the following presentation, app experts has presented some of the most fascinating news and Updates on MBA that a serious MBA aspirant can't afford to miss.
The document outlines several key drivers of corporate e-learning adoption. It states that the global economy has shifted to become knowledge-based, placing greater emphasis on continuous learning. Additionally, advances in technology have increased work complexity and the pace of change, requiring more frequent skills updates. There is also a growing gap between the skills workers possess and the needs of knowledge-based industries, driving the need for reform in education and training. E-learning helps address these issues by providing a flexible, cost-effective means of delivering just-in-time, ongoing training to geographically dispersed workforces.
Columbus State Community College provides workforce development strategies to build workforce pipelines for in-demand industries. It focuses on developing career pathways with academic programs aligned to industry needs. It also integrates workforce skills into academic programs and collaborates on industry sector strategies to understand talent needs. For information technology, it piloted certificate programs for business analysts and Java developers to address skills gaps. For insurance, it identified in-demand occupations and developed strategies to close talent shortages through higher education partnerships.
Not drowning, waving: Sustaining the Learning and Teaching Focus in a post-O...Sally Kift
Keynote presentation to QUES 2018 (Queensland University Educator Showcase) at University of the Sunshine Coast 28 September 2018 (Keynote sponsored by HERDSA)
1) The document discusses issues with Nigeria's current education system, arguing that curriculums are outdated and do not adequately prepare graduates for the workplace.
2) It proposes reforms to secondary and university education, including implementing work-study programs, tracking alumni outcomes, and establishing career centers.
3) The author advocates for public-private partnerships and incentives to improve infrastructure and make education more hands-on, with the goal of developing skills like critical thinking, collaboration, and entrepreneurship to benefit Nigeria's economic development.
Why Become an NVQ Assessor? How to become an NVQ Assessor The Pathway Group
The document discusses vocational education for 14-19 year olds in England. It summarizes the key findings and recommendations from the 2011 Wolf Review, which was commissioned to improve vocational education and promote successful progression into employment or further education. The Wolf Review found that hundreds of thousands of vocational students were not following courses that led to jobs or higher education. It recommended simplifying the complex system and ensuring students develop strong English and math skills. Institutions should focus on student needs rather than government priorities. Funding and accountability measures should also be reformed to incentivize high-quality programs that improve student outcomes.
Education| Transforming of Education| Canada and around the Worldpaul young cpa, cga
Education is a key area for many countries as part of staying competitive in terms of FDI, GDP growth, job quality, and skills trades.
It is important for all stakeholders of education to work together to reform education.
Primary and secondary education is foundation to support students as part of their career journey. The education system needs to be transform to ensure students have the skills of today and tomorrow.
The document discusses issues facing Canadian youth, including high unemployment rates. It notes that job recovery has been slow and businesses are hesitant to add headcount. Education needs to better align with in-demand skills. Government programs for youth and students require review and reform. Going forward, policies should support job growth, education and technology while phasing out emergency aid as the economy recovers.
The document discusses issues facing Canadian youth employment and outlines Paul Young's presentation on the topic. It notes high youth unemployment rates in Canada and issues like high student debt loads. It provides statistics on youth unemployment rates in Canada and among OECD countries. It suggests the economic recovery needs policies that address skills training and education alignment with current and future jobs. The presentation agenda covers topics like youth unemployment, job recovery trends, the impact of automation, and recommendations for improving opportunities for Canadian youth.
The document discusses four labor force megatrends that are converging to create a "perfect storm" in job markets across Canada. The megatrends are: 1) The lingering effects of the Great Recession, 2) an aging population as Baby Boomers retire, 3) increasing skill requirements for jobs, and 4) an unprepared workforce as too few workers upgrade their skills or complete post-secondary education. Taken together, these trends will profoundly impact job prospects for many Canadians for decades and underscore the need for lifelong learning and career management to weather the coming changes.
This document summarizes a student paper analyzing ethical issues related to the rise in student loan debt from for-profit colleges. It finds that students at for-profit institutions take on the highest median loan debt but have the lowest graduation rates. This leads many to default on loans, burdening taxpayers. The paper evaluates the situation from different ethical frameworks and recommends standardized testing for admissions, financial literacy programs, and restructuring federal work-study to mitigate debt.
The role of government is to provide support programs as part of transitioning people into new careers. This presentation looks at CERB and EI programs.
This document provides a summary of Paul Young's views on income inequality and potential solutions. It notes that income inequality is an issue around the world and Canada has a relatively average level of inequality compared to other OECD countries. Paul argues that consumption taxes disproportionately hurt low to middle income earners. He believes the best solutions are job creation, improving education, reducing tax havens, reforming trade practices, and stopping one-off policy proposals rather than comprehensive reforms.
Colleges and universities must do a better job preparing students for the workplace. Currently, many graduates are unemployed or underemployed due to a lack of practical skills. Schools should offer more career-focused courses and internship opportunities to help students discover potential careers and gain experience. They must also improve career centers to better assist students with job searching, resume writing, and interview skills. Doing so would help ensure students obtain jobs requiring their degree level upon graduation.
The document proposes reforms to the Carl D. Perkins Career and Technical Education Act to transform career and technical education (CTE) programs. The reforms are guided by four principles: 1) alignment of CTE programs with labor market needs, 2) collaboration among secondary/postsecondary institutions and employers, 3) accountability for improved student outcomes, and 4) innovation supported by systemic state reforms. Key proposals include requiring states to identify in-demand jobs to guide CTE programs, funding consortia to increase collaboration, using competitions to distribute funds, implementing common performance definitions, and establishing an innovation fund. The goal is to improve CTE programs and better prepare students for careers or further education.
This presentation provides an overview of the workforce system in Florida as it prepares to deploy Recovery Act funds as an investment in 21st century talent solutions.
This presentation discusses all aspect low income and poverty levels including government policies, job creation, hydro rates, cost of living, income growth, income inequality, wealth distribution and income tax.
In the following presentation, app experts has presented some of the most fascinating news and Updates on MBA that a serious MBA aspirant can't afford to miss.
The document outlines several key drivers of corporate e-learning adoption. It states that the global economy has shifted to become knowledge-based, placing greater emphasis on continuous learning. Additionally, advances in technology have increased work complexity and the pace of change, requiring more frequent skills updates. There is also a growing gap between the skills workers possess and the needs of knowledge-based industries, driving the need for reform in education and training. E-learning helps address these issues by providing a flexible, cost-effective means of delivering just-in-time, ongoing training to geographically dispersed workforces.
Columbus State Community College provides workforce development strategies to build workforce pipelines for in-demand industries. It focuses on developing career pathways with academic programs aligned to industry needs. It also integrates workforce skills into academic programs and collaborates on industry sector strategies to understand talent needs. For information technology, it piloted certificate programs for business analysts and Java developers to address skills gaps. For insurance, it identified in-demand occupations and developed strategies to close talent shortages through higher education partnerships.
Not drowning, waving: Sustaining the Learning and Teaching Focus in a post-O...Sally Kift
Keynote presentation to QUES 2018 (Queensland University Educator Showcase) at University of the Sunshine Coast 28 September 2018 (Keynote sponsored by HERDSA)
1) The document discusses issues with Nigeria's current education system, arguing that curriculums are outdated and do not adequately prepare graduates for the workplace.
2) It proposes reforms to secondary and university education, including implementing work-study programs, tracking alumni outcomes, and establishing career centers.
3) The author advocates for public-private partnerships and incentives to improve infrastructure and make education more hands-on, with the goal of developing skills like critical thinking, collaboration, and entrepreneurship to benefit Nigeria's economic development.
Why Become an NVQ Assessor? How to become an NVQ Assessor The Pathway Group
The document discusses vocational education for 14-19 year olds in England. It summarizes the key findings and recommendations from the 2011 Wolf Review, which was commissioned to improve vocational education and promote successful progression into employment or further education. The Wolf Review found that hundreds of thousands of vocational students were not following courses that led to jobs or higher education. It recommended simplifying the complex system and ensuring students develop strong English and math skills. Institutions should focus on student needs rather than government priorities. Funding and accountability measures should also be reformed to incentivize high-quality programs that improve student outcomes.
Education| Transforming of Education| Canada and around the Worldpaul young cpa, cga
Education is a key area for many countries as part of staying competitive in terms of FDI, GDP growth, job quality, and skills trades.
It is important for all stakeholders of education to work together to reform education.
Primary and secondary education is foundation to support students as part of their career journey. The education system needs to be transform to ensure students have the skills of today and tomorrow.
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
This document provides an analysis of education and skills training issues in Ontario ahead of the 2018 provincial election. It discusses improving but still lagging high school graduation rates and a mismatch between the skills students are learning and those required for current and future jobs. It also addresses teacher compensation levels, declining enrollment pressures, and a lack of emphasis on skills like math, sciences and trades that are in demand. The author argues that the education system needs reform to better align programs with the job market and ensure students gain critical thinking and interpersonal skills.
This document provides a policy analysis of education in Ontario by Paul Young, a CPA and CGA. It includes Paul Young's biography and contact information. The document discusses several issues with the current education system in Ontario including declining enrollment, high costs, lack of emphasis on skills needed for future jobs, and proposed reforms to compensation and funding. It also outlines an agenda covering topics like graduation rates, education rankings, teacher compensation, skills gaps, and online education.
Educaton Policies | Performance | Value for Money and Education Outcomes | On...paul young cpa, cga
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
80-88% of the total education costs go to instruction costs. Salary, Pension and benefit reforms need to happen to ensure more money is focused on the students and not the teacher.
This document provides a policy analysis by Paul Young, CPA, CGA on education in Ontario dated September 30, 2019. It includes Paul Young's biography and areas of expertise. The document discusses various topics related to education in Ontario, including graduation rates, education rankings in Canada, teacher compensation, the Drummond Report, skills gaps, government training programs, issues facing skills development and training. It provides information and sources on specific topics like Hamilton, Ontario, new math curriculum, school closings, special needs, and blogs on various education issues. The document appears to analyze Ontario's education system and policies and provide commentary supported by sources.
This document provides an analysis of education in Canada by Paul Young, CPA, CGA. It discusses several issues with the current education system including a lack of alignment with needed job skills, too much emphasis on instructional costs like salaries, and systemic issues in secondary programs. It provides background on Paul Young and an agenda with topics like the skills gap, teacher compensation, declining enrollment, and proposed reforms.
The document discusses issues facing Canadian youth and the economy. It outlines high youth unemployment rates in Canada compared to other OECD countries. While job recovery is underway, the author argues education needs to better align with future jobs and the government should support startups. Government programs for youth and students require review and reform to ensure effectiveness. Going forward, transitioning CERB, education reform, private sector partnerships, and technology adoption will be important to support economic growth and youth opportunities.
2019 Election| Post-Secondary Education| Canada | June 2019paul young cpa, cga
Too many governments throw money at post-secondary education with truly using value for money
Canada continues to be less competitive due to lack integrated strategy when it comes education programs that will meet the jobs of today and tomorrow.
Education needs to review its delivery model including its’ cost structure.
This presentation is about education. The presentation will look at costs as well as other factors that drive the success of education like career opportunities. This presentation is about solutions as ways to build a sustainable education system that will students with current and future job opportunities.
- Job Quality
- Payroll taxation
- Skills development and training
- Job Creation
- Exports
- Retail sectors
- Technological advances
- Youth unemployment
- Career management and development
- Government programs
- International Trade
Government Policy - Education and Skills Development - Canada - April 2018paul young cpa, cga
Education across Canada have seen improvement in graduation rates.
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
Post-Secondary Education| Canada | Policy Analysis and Recommendations| Janua...paul young cpa, cga
Too many governments throw money at post-secondary education with truly using value for money
Canada continues to be less competitive due to lack integrated strategy when it comes education programs that will meet the jobs of today and tomorrow.
This document provides an overview and outlook on careers and jobs in demand for 2019 and beyond. It discusses forecasts for strong hiring and job growth from organizations like Manpower. It also notes the need for governments to better align education with current and future job needs. The document then provides an agenda outlining topics to be covered, including GDP and economic outlooks, discussions of middle class issues, job vacancy statistics, employment data, and lists of in-demand careers for both the United States and Canada. Risk factors for economies like taxation, government spending, consumer demand and business investment are also mentioned.
2019 Election| Post-Secondary Education| Canada | September 2019paul young cpa, cga
More value for money and performance audits need to be done on education as part ensuring programs are leading to results.
Canada continues to be less competitive due to lack integrated strategy when it comes education programs that will meet the jobs of today and tomorrow.
Education needs to review its delivery model including its’ cost structure.
2019 Election| Post-Secondary Education| Canada | September 2019paul young cpa, cga
Too many governments throw money at post-secondary education with truly using value for money
Canada continues to be less competitive due to lack integrated strategy when it comes education programs that will meet the jobs of today and tomorrow.
Education needs to review its delivery model including its’ cost structure
Summary:
• The rise in the services-producing sector was spread across accommodation and food services (15,000), "other services" (14,000) — which includes repair and maintenance services and personal care services—and public administration (12,000).
• In the goods-producing sector, employment gains were driven by construction (14,000), natural resources (8,800) and agriculture (5,800). The overall gain in the goods-producing sector marks the fourth consecutive monthly increase in the sector.
Source - https://www.hrreporter.com/focus-areas/people-analytics/employment-up-73000-in-march/365626
Similar to Education| Ontario -| Issues and Solutions | September 2018 (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
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
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Poonawalla Fincorp Limited, under the leadership of Managing Director Abhay Bhutada, has achieved industry-leading Gross Non-Performing Assets (GNPA) below 1% and Net Non-Performing Assets (NNPA) below 0.5% as of May 31, 2024. This success is attributed to a strategic vision focusing on prudent credit policies, robust risk management, and digital transformation. Bhutada's leadership has driven the company to exceed its targets ahead of schedule, emphasizing rigorous credit assessment, advanced risk management, and enhanced collection efficiency. By prioritizing customer-centric solutions, leveraging digital innovation, and maintaining strong financial performance, Poonawalla Fincorp sets new benchmarks in the industry. With a continued focus on asset quality, digital enhancement, and exploring growth opportunities, the company is well-positioned for sustained success in the future.
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Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
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Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
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Education| Ontario -| Issues and Solutions | September 2018
1. EDUCATION – ONTARIO – ISSUES AND SOLUTIONS –
SEPTEMBER 2018
BY: PAUL YOUNG, CPA, CGA
DATE: SEPTEMBER 5, 2018
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. SUMMARY
Education across Canada have seen improvement in graduation rates.
NDP and Liberals continue to throw money at symptoms which do not improve the effectiveness of
delivery tax dollars to the student education.
Rural Ontario needs a new economic development strategy
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone
special
There are systemic issues with programs being offered at the secondary level. There needs to be more
emphasis on financial planning, biology, IT, chemistry, writing and physics.
4. AGENDA
Ontario
What is ARC
Graduation Rates – High School
Teacher compensation
School Board F/S – Upper Grand District
What is Skills GAP?
Skills GAP and Productivity
Government Training Programs
Issues facing Skills Development and Training
Hamilton, Ontario
Other resources
5. ONTARIO AND EDUCATION
Source – Stats Canada and Government of Ontario
• McGuinty increase teacher compensation when
he took office
https://www.thestar.com/news/canada/2012/1
0/31/dalton_mcguinty_regrets_how_teachers_un
ions_were_handled.html
• Students are not being pushed to areas where
there are more upside to jobs
• Student debt is a big issue in Ontario -
https://globalnews.ca/news/3755628/canadian-
student-loans-regrets/
• Wynne and McGuinty policies led to private
sector jobs and investment fleeing the province.
-
http://business.financialpost.com/news/econo
my/public-sector-crowding-out-private-job-
growth-hampering-employment-opportunities-
in-canada
• New tax policies will hurt start ups -
http://business.financialpost.com/personal-
finance/taxes/canadas-proposed-tax-changes-
are-casting-entrepreneurs-as-the-bad-guys-
and-thats-bad-news-for-the-economy
6. WHAT IS ARC?
Source - http://peopleforeducation.ca/wp-content/uploads/2017/08/Ontario-school-closing-list-2017.pdf
orhttp://www.standard-freeholder.com/2017/06/29/ontario-hitting-pause-on-school-closures---media-
teleconference
Based on guidelines provided by the Ministry of education the various
school boards conduct review of enrolment as part of assessing whether a
school should be close or not.
7. GRADUATION RATES
Source - https://www.statcan.gc.ca/pub/81-595-m/2011095/tbl/tbla.11-eng.htm http://www.the10and3.com/the-vast-disparity-in-canadas-high-school-graduation-rates-
00016/
• Many school systems have no fail system. The stats of graduation do not indicate the quality of grads
• Many students, especially in Ontario are struggling with the math and sciences. Jobs of today and the
future require knowledge in areas like math, biology, chemistry, physics, etc. -
https://www.thespec.com/opinion-story/8001901-eqao-students-fall-further-and-further-behind/
• There has been improvement in education - http://www.red-leaf.com/where-does-the-canadian-
education-system-rank-globally/
• Students are not being encourage to enter the trades - http://www.cbc.ca/news/canada/windsor/skilled-
trades-shortage-costing-windsor-essex-600m-every-year-says-report-1.4168822
8. TEACHING COMPENSATION
Source - http://www.statcan.gc.ca/pub/81-604-x/2016001/t/tbld2.1-eng.htm
• McGuinty increase teachers compensation
by 25% -
https://www.thestar.com/news/canada/2012
/10/31/dalton_mcguinty_regrets_how_teach
ers_unions_were_handled.html
• Pension funding issues -
http://business.financialpost.com/personal-
finance/retirement/ontario-is-reportedly-
going-to-overhaul-its-pension-funding-
obligations-and-ease-rules
• Declining enrolment -
https://www.fraserinstitute.org/blogs/school
-enrolment-in-canada-a-snapshot
• School boards have struggle with costs, i.e.
hydro, wages, etc. -
https://tvo.org/article/current-affairs/the-
next-ontario/ontarios-school-boards-are-a-
mess-we-made
9. UPPER GRAND DISTRICT SCHOOL BOARD F/S
Source - https://www.ugdsb.ca/wp-content/uploads/2018/01/Financial-Statements-UGDSB-Year-Ended-August-31-2017.pdf
• All school boards spend money on
school maintenance
• Boilers
• Roofs
• Windows
• Flooring
10. NDP AND EDUCATION 1. We have declining enrolment as such schools need
to be reviewed for their operational efficiency!
https://www.thespec.com/opinion-story/7419349-
niagara-school-closures-show-need-for-a-single-
school-system/
2. How are you going to create new jobs? Business has
been cutting back due to labor reforms including
minimum wage hikes -
http://www.cbc.ca/news/canada/toronto/ontario-
jobs-update-losses-minimum-wage-1.4528669
3. see no emphasis on skills trade, math, sciences
and/or sex education
4. Are you going to deal with teacher’s salaries?
http://business.financialpost.com/executive/careers
/teachers-should-earn-their-high-pay
5. ETFO endorsement -
http://www.cbc.ca/news/canada/toronto/ndp-
elementary-school-teachers-ndp-endorsement-
1.4656696
6. New teachers cannot find jobs -
http://www.macleans.ca/work/jobs/two-thirds-of-
new-teachers-cant-find-full-time-work/
7. Teacher retirement -
https://www.theglobeandmail.com/news/national/
education/anatomy-of-an-ontario-teachers-
paycheque/article6015968/#c-image-0
12. AVERAGE COST FOR SCHOOL /BLUEWATER SCHOOL BOARD
Source - http://www.bwdsb.on.ca/About_Us/home%20page
Bluewater District School
Board currently has
approximately 16,000
students in 39 elementary
schools and 9 secondary
schools. The board
employs about 3,000
permanent and casual
staff. There are 10 elected
trustees on the Board.
The 2017-18 budget continues the board’s
commitment to provide quality education
to its students
and meet the priorities of the strategic plan
through the following measures:
• Implementing investments outlined in
2017-18 labour agreements including
class size reductions, additional
staffing for special education,
programming and other system
Investments
• Responding to changes in funding
levels while ensuring student
achievement and wellbeing
• Addressing surplus school spaces
• Managing increased labour related
costs
• Focusing on efficiencies and
effectiveness in the stewardship of
financial resources
School Operations/Closing
13. DECLINING ENROLMENT
Many schools are suffering from declining enrollment
Economic development opportunities in rural areas have been impacted by bad government polices like
hydro rates, carbon taxation, regulations, etc. - http://www.owensoundsuntimes.com/2016/10/24/even-
greenest-of-grocers-burned-by-hydro-costs
PC party would focus on delivering education as well as creating the conditions that would foster
economic growth.
NDP and Liberals lack a coherent strategy to address rural related issues
Public Safety Costs
Declining student enrollment
Economic development
Aging rural population
14. BLOG – SKILLS TRADE
Source - https://www.canadianmanufacturing.com/manufacturing/economic-advisers-push-ottawa-focus-business-investment-job-
re-skilling-205533/
“The overarching goal of the influential Advisory Council on Economic Growth is to help Canadian households add an extra $15,000
to their projected annual pre-tax incomes by 2030.
In its third wave of recommendations, to be released later this week, the council says Canada urgently needs another $15 billion in
annual investments for adult skills development to help workers adjust to the demands of the rapidly changing labour market.
The group recommends the creation of an RRSP-type lifelong learning fund that enables workers to accumulate tax-free savings,
combined with contributions from employers and government, in order to cover the cost of developing new skills midway through
their working lives.
Canada already has educational programs - https://www.slideshare.net/paulyoungcga/government-policies-education-skills-
development-canada-november-2017
Canada needs to revamp its post secondary model to better align skills to jobs of today and tomorrow -
https://www.inc.com/business-insider/21-new-jobs-future-robots-automation.html
Job Retraining programs -The federal government provides funding for post-secondary education via CST Transfers – All job
training programs should be reviewed to ensure money is achieving the outcomes
https://www.canada.ca/en/services/jobs/training.html
Primary and secondary school programs need to be revamp to ensure students are pushed to jobs of the future -
https://www.slideshare.net/paulyoungcga/2017-career-management-outlook-on-jobs-canada-and-united-states
15. HAMILTON, ONTARIO – SKILL
TRADES
• The body shop owner said it best “We
need skill labor”
• Wynne has failed the skill trades
• The guy also said it was a photo op
• This is how Wynne confronts the
issues in Hamilton by pushing her
Guarantee Income Program -
http://www.cbc.ca/news/canada/ha
milton/wynne-announcement-
hamilton-1.4082476
• Private sector investment leaving
Ontario -
http://business.financialpost.com/o
pinion/another-multinational-
employer-is-fleeing-ontario-and-
the-wynne-government-doesnt-
seem-to-care
• Trades -
http://www.cbc.ca/news/canada/ott
awa/ontario-budget-threat-
certified-tradespeople-1.3868990
17. EMPLOYMENT ISSUE
Why? We have youth unemployment as well as the economy is sluggish in terms of growth. Job creation is only 200K for 2016,
but the bulk of new jobs are part-time. http://www.slideshare.net/paulyoungcga/government-policies-broadcasting-canada-
commentary-and-analysis-november-2016?next_slideshow=1
There are already issue with job settlement programs in terms of both funding and openings. So, why would we bring in more
new immigrants?
FYI - https://www.thestar.com/opinion/editorials/2016/12/09/canada-must-learn-from-mistakes-to-integrate-syrian-refugees-
editorial.html or http://www.macleans.ca/news/canada/a-milestone-looms-for-canadas-syrian-refugees-month-13/
FYI
I guess Trudeau's legacy will be "high tax, lower quality of life, high youth unemployment, low business investment and big
government"
Yazidis
http://www.calgarysun.com/2017/02/21/trudeau-spending-28m-to-give-1200-refugees-asylum-this-
year?utm_source=facebook&utm_medium=recommend-
button&utm_campaign=Trudeau+spending+%2428M+to+give+1%2C200+refugees+asylum+this+year
Truth about the border rush
https://www.washingtonpost.com/news/global-opinions/wp/2017/02/24/what-the-canadian-media-ignores-about-canadas-new-
refugee-crisis/?utm_term=.4314b4bad80f
18. USA VS CANADA IMMIGRATION
Are the new immigrants going to have the skills to create
the new googles? Link: Videos -
http://video.lauraingraham.com/Ingraham-slams-
Labrador-on-immigration-So-youre-where-Cantor-is--
26275295?playlistId=15975
19. TEACHING YOUTH TO CODE
http://techportfolio.net/2017/05/closing-canadas-tech-skills-gap-teach-youth-to-code/
220,000 workers needed: That’s how vast Canada’s tech skills gap could
be by 2020, according to Canadian government and industry experts.
If that gap isn’t closed, many tech companies will be forced to look for
opportunities outside the country, Waveform CEO Kirk Simpson
recently told CBC News.
“If we can find the talent somewhere else, we might open a second
location in the U.S. market or in a European market,” he said. “And those
jobs will not go to Canadians.”
20. FEDERAL BUDGET 2017-2018
Source – Government of Canada
Issues
• Provinces have policies for apprenticeship that will required modification to support more applicants
• Universities would have to increase classroom space and equipment to support more enrollment in areas like
engineering, math, sciences, IT
• STDC already exist in terms of seed financing. The problem is more money for innovation is that many deals
require bare minimum of $5 to $10M so that would be like 60 deals a year
• There are already innovation funds that both companies and universities/college leverage
• Startup take time to move ideas from incubation to market. FYI – Canada had already been moving to
advance manufacturing, expert farming, clean technology, 3-D printing, Information technology.
21. BLOG – SKILLS TRADE
Source - https://www.canadianmanufacturing.com/manufacturing/economic-advisers-push-ottawa-focus-business-investment-job-
re-skilling-205533/
“The overarching goal of the influential Advisory Council on Economic Growth is to help Canadian households add an extra $15,000
to their projected annual pre-tax incomes by 2030.
In its third wave of recommendations, to be released later this week, the council says Canada urgently needs another $15 billion in
annual investments for adult skills development to help workers adjust to the demands of the rapidly changing labour market.
The group recommends the creation of an RRSP-type lifelong learning fund that enables workers to accumulate tax-free savings,
combined with contributions from employers and government, in order to cover the cost of developing new skills midway through
their working lives.
Canada already has educational programs - https://www.slideshare.net/paulyoungcga/government-policies-education-skills-
development-canada-november-2017
Canada needs to revamp its post secondary model to better align skills to jobs of today and tomorrow -
https://www.inc.com/business-insider/21-new-jobs-future-robots-automation.html
Job Retraining programs -The federal government provides funding for post-secondary education via CST Transfers – All job
training programs should be reviewed to ensure money is achieving the outcomes
https://www.canada.ca/en/services/jobs/training.html
Primary and secondary school programs need to be revamp to ensure students are pushed to jobs of the future -
https://www.slideshare.net/paulyoungcga/2017-career-management-outlook-on-jobs-canada-and-united-states
22. HAMILTON, ONTARIO – SKILL TRADES
• The body shop owner said it best “We
need skill labor”
• Wynne has failed the skill trades
• The guy also said it was a photo op
• This is how Wynne confronts the
issues in Hamilton by pushing her
Guarantee Income Program -
http://www.cbc.ca/news/canada/hamil
ton/wynne-announcement-hamilton-
1.4082476
23. EMPLOYMENT / CANADA
Source – Stats Canada
Ontario may have higher
graduation rates which is a good
thing! However, it is the quality of
student that is the issue at hand.
Many students are told to go to
University as such we have likely
more university/college than the
economy can support.
Wynne and McGuinty’s policies
drove out investment in areas likes
goods producing. Goods producing
jobs tend to pay 25-30% more
than service sector jobs!
24. GOVERNMENT POLICIES / ISSUES
Trade and FIPA
CETA new deal
Government is working on deals with other growth markets like China, India and Africa.
Clean Technology
Access to raw materials (Lithium, Vanadium, Rare Metals)
Skill set in areas like metallurgy or sciences or math
Partnership with large companies
Advance Manufacturing
Requires competitive tax rates (Payroll Taxes, Corporate Taxes, R&D credits, etc)
Access to new markets
Streamlining of regulations
Canada lacks the capacity to increase exports
Ports/rail/roads/Bridges
Pipelines