All governments should be measure by their ability to manage social programs, economy and foreign affairs. This presentation provide information to provide people with the ability to assess the merits of Justin Trudeau and his government

1. Liberal Party Scorecard – September
2018
PAUL YOUNG CPA, CGA
DECEMBER 12, 2018

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

3. Agenda
• Fiscal Management and GDP Growth
• Blog – Fiscal Management
• Economy
• Oil Pricing and Shipments
• Employment
• Blog – Employment
• Environment
• Immigration
• Foreign Affairs
• Veterans Affairs
• Middle Class
• Open and Transparent government

4. Introduction
• All governments should be measure by their ability to manage social programs,
economy and foreign affairs.
• This presentation provide information to provide people with the ability to assess the
merits of Justin Trudeau and his government

5. Fiscal Management
Source – Government of Canada, Scotiabank, BDO and BMO Economics
Fiscal Monitor / November 2015
Fiscal Monitor / November 2015
GDP Growth
Trudeau never had the answer for growth!

6. Blog – Fiscal Management • What mess? Harper left a surplus
which the Liberals blew in the
first three months, right?
https://www.slideshare.net/pauly
oungcga/liberal-party-of-canada-
and-pm-trudeau-fiscal-and-
economic-scorecard-2017 or
https://www.fin.gc.ca/fiscmon-
revfin/2015-11-eng.asp Is this a
lie?
• Harper faced a economic downturn which Trudeau has not faced during his time in office -
https://www.slideshare.net/paulyoungcga/canada-debt-and-deficit-february-2018
• Obama tried Keynesian economics and it failed -
https://www.forbes.com/sites/peterferrara/2012/07/12/obamanomics-the-final-nail-in-the-
discredited-keynesian-coffin/#23b60657ba7d
• Trudeau was able to see a rise in both housing and commodity prices. Starting in 2018 commodity and
housing had a market correction

7. Economy and the Liberals
from the heart outwards
Economies do
not grow
from the
heart
GDP has many facets to it.
Government cannot take full
credit for GDP. All
government can do is set
policies that encourage
consumer spending and
business investment.
https://www.slideshare.net/p
aulyoungcga/gdp-canada-the-
real-truth
The problem since October
2015 is that Trudeau has been
less than truthful about the
economy!
Source – BMO, Scotiabank, Federal government and Stats Canada
*** The above excludes the pension
adjustment made in 2018

8. Oil, Exports, Imports and Currency
Source – Stats Canada, BMO and Baker Hughes
• Trudeau seen 50% oil price increase and only about 5% oil volume change -
https://www.slideshare.net/paulyoungcga/whats-next-for-oil
• Finished goods have only grown about 2.2% per year.
https://www.slideshare.net/paulyoungcga/october-2018-canada-merchandise-trade

9. Employment
Source – Stats Canada

10. Blog – Employment
This is again misleading! Goods producing sector has
loss 9,000 net jobs since the beginning of 2018. The
bulk of 2018 job creation has been govt jobs!
https://www.slideshare.net/paulyoungcga/canada-
employment-november-2018

11. Blog – Goods to Market
• Drillers are moving capital to USA as the USA is open more for business than Canada -
https://www.canadianmanufacturing.com/operations/exodus-canadian-drillers-move-rigs-south-chase-
better-prospects-texas-207499/
• Approving and Building pipelines are two different events - https://globalnews.ca/news/3996008/bc-
government-strike-another-blow-to-stop-kinder-morgan-pipeline-expansion/
• Trade Wars with the USA - http://business.financialpost.com/news/economy/forget-nafta-the-trade-war-
with-canada-has-already-started
• No Software lumber deal despite having two years to get a deal done - https://ipolitics.ca/2018/01/29/give-
us-softwood-deal-well-drop-wto-case-canada-tells-u-s/
• Lack of capital investment into Ports/Rail lines - https://globalnews.ca/news/3987860/port-of-hamilton-
sees-record-year-for-agricultural-shipments/. Hamilton had a great year, but that was due to investments
made by previous governments
• More goods like oil are moving by rail. Rail is much more dangerous to transport oil than pipelines -
http://www.statcan.gc.ca/daily-quotidien/180131/dq180131c-eng.htm
• Manufacturing continues to struggle with high hydro rates, more regulations and more taxes – The only
reason that growth was increased in November 2017 was due to lumber, petroleum and metal fabrication
production being up. https://www.slideshare.net/paulyoungcga/manufacturing-canada-november-2017
• Trump continues to move to low tax and low regulation as compare to Trudeau that force carbon taxation,
hikes to CPP, small business tax reforms and more regulations -
https://www.slideshare.net/paulyoungcga/competitiveness-canada-vs-other-countries-january-2018
• Canadian Manufacturing Association also said Harper’s policy were right in terms of supporting
manufacturing through innovation funds, tax policies, trade policies, etc. http://mb.cme-
mec.ca/?lid=YXN82-W3NF7-IC132&comaction=show&cid=3CWP8-FKASM-JYNFE
• Your so called economic team is made up liberal party supporters as such is weak.
https://www.liberal.ca/liberals-unveil-membership-of-economic-council-of-advisors/
Liberal Party of Canada 2015 Election Promise
https://www.liberal.ca/realchange/getting-
canadian-goods-to-market/
“Trade is vital for our economy. It opens
markets, grows Canadian businesses, and
creates good-paying middle class jobs – jobs
that pay wages that are 50 percent higher than
industries that are not export intensive. That is
good news for the middle class and the
communities they call home.
Stephen Harper’s approach to trade, however,
has failed. His Conservative government has
recorded the largest trade deficit in Canadian
history, and Canadians are paying the price in
lost job opportunities.
While Stephen Harper may sign trade deals, he
walks away from partnering with businesses
and entrepreneurs to ensure they can succeed
in new markets and create wealth and jobs for
Canadians.

12. Blog – Foreign Affairs
• “Trudeau is also scheduled to attend a meeting of the
UN's economic and social council to talk about how to
finance that group's efforts to advance sustainable
development by the year 2030”
• How? @JustinTrudeau has been a failure on Foreign
Policy and Affairs -
https://www.slideshare.net/paulyoungcga/canada-
foreign-affairs-failures-justin-trudeau-september-2018
or https://www.ctvnews.ca/politics/pm-trudeau-arrives-
at-un-hoping-to-re-establish-canada-on-world-stage-
1.4106657#_gus&_gucid=&_gup=twitter&_gsc=yfHpVac
• Canada is not back when it comes to foreign policies. In
fact, there is argument that Trudeau’s social agenda at
all cost has isolated Canada from the rest of the world!
Source -
https://www.slideshare.net/paulyoungcga/trudeau-has-
set-canadas-foreign-affairs-and-policies-back-decades

13. Trudeau light on Crime
Liberals weak on crime approach:
• Terri McClintic – child killer – transfer to healing lodge December 2017 - https://globalnews.ca/news/4491689/tori-stafford-killer-healing-lodge-terri-lynne-mcclintic/
• Mike Rafferty move to medium security - https://www.ctvnews.ca/canada/repeated-slaps-in-the-face-stafford-killer-transferred-to-medium-security-prison-1.4212189
• Khadr killed a USA soldier awarded $10.5M dollars - https://globalnews.ca/news/3589498/omar-khadr-compensation-canadians-poll/
• Edmonton Mall assault – Syrian – acquitted - https://www.cbc.ca/news/canada/edmonton/soleiman-west-edmonton-mall-water-park-assault-decision-1.4736694
• New Commissioner and Liberal direction - https://www.cbc.ca/news/politics/prison-commissioner-goodale-kelly-1.4811408 “The letter instructs Kelly to address the needs of different groups of
offenders, including black Canadians, women, young adults and seniors."It is important that services, interventions, assessment tools and correctional approaches be tailored to address the full
diversity of CSC's population, and that this diversity be reflected in CSC's staff and management," it reads. – This is from Ralph Goodale” or https://www.timescolonist.com/correction-services-
head-marching-orders-less-segregation-more-engagement-1.23422302
• Violent Crime is up under the Liberals - https://www150.statcan.gc.ca/n1/daily-quotidien/180723/dq180723b-eng.htm
• Liberals have done little review when it comes to granting bail conditions - https://www.pressreader.com/canada/toronto-sun/20180920/281496457197871
• Changing court proceedings - https://www.cbc.ca/news/politics/liberal-crime-justice-reform-1.4598480
• Weak on deporting criminals - https://globalnews.ca/news/4087292/canada-deporting-dangerous-criminals-ineffective-still-here/ - Trudeau always said a Canadian is a Canadian
• Drunk Driver and healing lodge - https://torontosun.com/news/provincial/recommended-healing-lodge-sentence-in-fatal-drunk-driving-crash-a-joke
• Bus killer released - https://globalnews.ca/news/4360713/lawsuit-over-greyhound-bus-beheading-in-limbo-10-years-later/
• Source - https://www.slideshare.net/paulyoungcga/canada-is-weak-on-crime

14. NAFTA – Dias/Trudeau vs Scheer
• https://twitter.com/JerryPDias/status/1042443849501691904
• 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.
• Cultural industries already have foreign ownership
• Dairy Industry has been open up under other trade deals -
https://www.slideshare.net/paulyoungcga/dairy-canada-analysis-and-commentary - Transition funds
were provided
• Go look at the stats for lawsuits and disputes
• Mexico got a deal done, right
• Oil - https://business.financialpost.com/commodities/energy/new-emissions-from-canadas-oil-
sands-extremely-low-says-ieas-chief-economist

15. Harper’s approach in 2008-2009
• Tax cuts
• Infrastructure spending
• EI extensions
• Other targeted spending
• Other new programs
- Tax cuts net Canadians $30B in savings
- Dedicated funding via Gas Tax and Build Canada
Funds
- Extension of EI benefits to workers
- Honored the CST and HST transferred
- Family tax benefits
- Tax Credits
- Pension Splitting
- TFSA

16. Rebuttal #1 – Surplus/(Deficits)
http://globalnews.ca/news/3739447/liberals-deficit-path-bill-
morneau/?utm_source=GlobalNews&utm_medium=Facebook
I am not surprised with this comment as the Liberals expenses are growing about 2x times faster than the
growth of GDP. Here is my surplus/deficit calculation - https://www.slideshare.net/paulyoungcga/canada-
cpc-and-liberals-surplus-debate. Yet if Harper did the same thing in terms of spending and deficits then
the left would have crucified him. So, why does PM Selfie get a free pass?
Secondly, the economy is projected to grow at slower rate in 2018 and beyond, why? Federal government
is pushing national carbon tax starting in 2018. The carbon tax will take money out of the economy -
http://business.financialpost.com/commodities/energy/ottawas-carbon-tax-plan-to-shrink-economy-by-
3-billion-hurt-loonie-in-2018-study. The adjustment is small, but it was shave a point or two off GDP.
Canada is also seeing correction in areas like manufacturing, construction, energy and utility sector.
Thirdly, GDP is project to drop back down to 1.9% to 2.2 range
https://www.slideshare.net/paulyoungcga/gdp-outlook-canada-and-the-world-september-8-2017 - see
slide 3 which shows you that Trudeau growth is same Harper was achieving post 2008-2009 recession.

17. Blog – Deficit
What mess? Harper left a surplus which the
Liberals blew in the first three months, right?
https://www.slideshare.net/paulyoungcga/li
beral-party-of-canada-and-pm-trudeau-fiscal-
and-economic-scorecard-2017
https://www.fin.gc.ca/fiscmon-revfin/2015-
11-eng.asp
Harper left $1B surplus YTD November 2015
Is this a lie?

18. Environment
In 2014 is when Canada was ranked 24th in the world when it came to sustainability including the environment. The Liberals took office in 2015 as such
the ranking for Canada is now 25 when it comes to sustainability. So, where are all these improvements to the environment? There are none! All the LPC
did was keep the same policies with one exception that is imposing a carbon tax on all provinces. Yet carbon taxes have been a failure. Australia yanked
the carbon tax as they were too punitive to the economy and did nothing for global emissions - http://www.cbc.ca/news/world/australia-s-carbon-tax-
repealed-after-2-years-1.2709642
Additional Sources - https://www.slideshare.net/paulyoungcga/environmental-ranking-sustainability-index-canada-and-world-november-2017 or
https://www.slideshare.net/paulyoungcga/global-emissions-co2-november-2017 or https://www.youtube.com/watch?v=C35pasCr6KI&t=468s
In 2014 is when Canada was ranked 24th in the world when it came to sustainability including the environment. The Liberals took office in 2015 as such
the ranking for Canada is now 25 when it comes to sustainability. So, where are all these improvements to the environment?
https://www.slideshare.net/paulyoungcga/environmental-ranking-sustainability-index-canada-and-world-november-2017 or
https://www.slideshare.net/paulyoungcga/global-emissions-co2-november-2017
We have United Nations which is pushing agenda 2030 including forcing carbon tax on countries like Canada. The United Nations never looks at how
foreign aid is used to improve areas of the environment like water management, deforestation, land management and air quality, why?
https://www.slideshare.net/paulyoungcga/agenda-2030-new-world-order-canada-november-2017 and
https://www.slideshare.net/paulyoungcga/foreign-aid-transparency-and-accountability-united-nations-december-2017
Other Sources - https://www.slideshare.net/paulyoungcga/environmental-issues-it-is-not-about-climate-change-february-2018

19. Open and
Transparent
Government
• One of key to strong government is ensuring the integrity of government is protecting.
Government’s role is to serve the people in terms of supporting social programs.
Trudeau said he would be more open and transparent with his government and that has not
been the case
• Election Promise 2015 - https://www.liberal.ca/wp-content/uploads/2015/06/a-fair-
and-open-government.pdf
• Key Quote
“Let's dispel once and for all with this fiction — to borrow a mangled phrase from a dear departed
Republican primary candidate — that the Liberal Party has brought transparency to the Canadian
government. The Liberal Party has not brought transparency to the Canadian government.
We have known this for some time. Justin Trudeau's star cabinet ministers have made fatuous non-
answers the unofficial lullaby of most press conferences and question periods.
Want to know why the Liberals abandoned electoral reform? Well, here are some platitudes about
the value of diverse voices in our democracy. How closely will the government be involved in its
supposedly arms-length multibillion-dollar infrastructure bank? Uh … can I interest you in some
banal remarks about building up the middle class? How about quotes about investing in Canadians'
future? – CBC – May 12, 2017 - http://www.cbc.ca/news/opinion/government-transparency-
1.4111341
• Source - https://www.slideshare.net/paulyoungcga/open-and-transparent-government-justin-
trudeau-and-lpc-march-2018

20. Military
• Liberals are nickel and dime of taxpayers to cut costs. Liberals have no fiscal plan to balance the
budget. It seems small business, middle class and military are the target instead of tax havens and tax
shelters - https://www.slideshare.net/paulyoungcga/military-canadian-defense-november-2017
•
• The military is already stretched including additions to headcount. http://www.forces.gc.ca/en/about-
reports-pubs-report-plan-priorities/2017-spending-and-human-resources.page. It is hard to undertake
missions abroad when you lack both the resources and equipment. The Liberals defense plan pushes
spending out to 2020 and beyond - https://www.slideshare.net/paulyoungcga/military-canadian-
defense-november-2017
•
• Where do we have peace? It is not the Middle East or Africa, right? So, how can you send peacekeepers
when there is no peace? http://www.cnn.com/2017/08/15/africa/un-mission-timbuktu-
attacked/index.html
• Where is the UN? UN is great asking for money, but does little to curb corruption, right?
https://www.slideshare.net/paulyoungcga/foreign-aid-transparency-and-accountability-october-2017
•
• Source -
http://www.ctvnews.ca/video?binId=1.810401&cid=sm%3Atrueanthem%3Actvnews%3Apost&clipId=
1254907&playlistId=1.3670791&utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5a
04fa1500bd470006e9f036&utm_medium=trueAnthem&utm_source=facebook

21. Veterans
• Tweet – Veterans Affairs – LPC and Trudeau
• Vets do not like the new pension.
http://www.cbc.ca/news/opinion/pension-for-life-
1.4468956
• Pension does not kick in until after 2019 -
https://www.thestar.com/news/canada/2017/12/20/lib
erals-unveil-pension-plan-for-injured-veterans-but-
wont-take-effect-until-2019.html
• Harper was not perfect, but never told Veterans there
was no moneys -
https://www.slideshare.net/paulyoungcga/veterans-
affairs-canada-february-2018
• Source -
https://www.youtube.com/watch?v=TgRAcpq8Hag
• Source - https://www.youtube.com/watch?v=bzAW-
xCMB1k

22. Immigration
• Who said he would welcome everyone?
http://globalnews.ca/news/3212041/justin-trudeau-refugees-donald-trump-
travel-ban/ “To those fleeing persecution, terror & war, Canadians will welcome
you, regardless of your faith. Diversity is our strength #WelcomeToCanada. The
ironic thing is that Trudeau did not bring in the Christians or Yazidis
“http://natoassociation.ca/is-canada-doing-enough-to-help-yazidi-refugees/.
The only reason 1,200 Yazidis came to Canada was due to CPC!
• Here is what people think on immigration -
http://torontosun.com/news/national/canadians-sour-on-immigration-
according-to-government-survey
• There is also a cost to refugees -
https://www.slideshare.net/paulyoungcga/refugee-crisis-canada-june-2017
• I am also very surprised that many people do not read beyond the headlines,
especially in terms of what ISIS is doing as part their next action.
http://www.nationalreview.com/article/450288/angela-merkel-refugee-policy-
threatens-german-security “It is not news that ISIS has used the Syrian refugee
crisis to infiltrate Europe. In January 2015, ISIS told Buzzfeed that it was doing
precisely that. And in November 2015, Iraqis posing as Syrian refugees helped
slaughter 130 people on the streets of Paris.
Liberals / Refugees - http://www.macleans.ca/opinion/canadas-immigration-
system-is-no-kinder-than-americas/
• Here are the stats - http://www.cic.gc.ca/english/refugees/asylum-claimants-
historical.asp

23. Foreign Affairs
• Prime Minister and presidents speak to their
counterparts around the world. Many presidents and
prime ministers won’t agree with each other on
policy, but you need to respect each leaders position
• There is pattern with Trudeau that is world does not
view Trudeau as heavyweight, but a lightweight
• Trudeau maybe a fan with citizens of various
countries, but not leadership.
• Trudeau has been called out many times for his
nonsensical statements.
• Source -
https://www.slideshare.net/paulyoungcga/foreign-
policies-and-affairs-justin-trudeau-and-liberals-
february-2018 or
https://rightlog.in/2018/02/trudeau-india-
khalistanis-01/

24. Summary
• Canada GDP is struggling to get above 2% for 2018. Canada GDP has big gap between
growth that with the USA.
• Trudeau’s new c-69 will cause even more issues with FDI -
https://www.bnnbloomberg.ca/commodities/video/bill-c-69-would-create-more-energy-
project-delays-senator~1480308/bill-c-69-would-create-more-energy-project-delays-
senator~1480308
• Trudeau is facing more and more pressure when it comes to carbon tax. Doug Ford has
repealed the carbon tax in Ontario. In 2019 when AB likely votes out the NDP then AB will
also revoke the carbon tax.
• Trudeau is failing to secure major FIPA and Trade deals as no one is interested in his social
agenda.
• Trudeau continues to put polls ahead of what is best for Canadians.