Blog – February 2023 and January 2023 Key Metrics for Canada Canada GDP surprises in January 2023 - https://www.forexlive.com/news/canada-january-gdp-05-versus-03-expected-20230331/ More needs to be done to address Canada competitiveness - https://www.edc.ca/en/weekly-commentary/canada-competitive-business-environment.html Supporting investment through balance policies - https://canada.constructconnect.com/canadata/forecaster/economic/2023/03/three-factors-cloud-outlook-for-canadian-non-res-capital-spending Supporting balance policies that protect the environment while supporting mining development are key for all levels of government - https://www.mining.com/canadian-govt-recognizes-mining-industrys-critical-role-in-economy-net-zero-transition/ Sustainability and ESG Reporting - https://www.canadianunderwriter.ca/insurance/esg-reporting-expectations-on-suppliers-growing-report-says-1004232333/ Canada commitment to becoming a global leader in hydrogen production - https://www.westernstandard.news/business/vapourware-canada-and-germany-sign-commitments-to-develop-hydrogen-and-clean-energy-lng-curiously-absent/article_ff8d7362-cfce-11ed-a4ce-3f70f93e3830.html or https://www.energyintel.com/00000187-341f-da69-a7b7-b57f23c40000 Oil prices are expected to remain in the $80-85 per barrel for the near-term - https://ca.style.yahoo.com/oil-price-to-average-us85-for-next-12-months-survey-154814778.html Addressing issues with food inflation continues to plague policy makers at all levels of government - https://ca.style.yahoo.com/oil-price-to-average-us85-for-next-12-months-survey-154814778.html Canada manufacturing sector continues to face many challenges - https://shopmetaltech.com/shop-management/canadian-manufacturing-activity-rises-in-january/ Canadian small businesses continue to face many challenges - https://www.cfib-fcei.ca/en/media/federal-budget-makes-progress-in-lowering-credit-card-fees-for-small-business Supporting the agricultural sector will be critical as part of addressing food security and costs - https://www.globalagtechinitiative.com/market-watch/canada-agrifood-tech-market-map-166-startups-growing-canadas-agricultural-sector/ Addressing issues facing the construction sector - https://canada.constructconnect.com/canadata/forecaster/economic/2023/03/only-some-construction-material-costs-easing-others-elevated-and-sticky Household debt - https://www.collierscanada.com/en-ca/news/research-weekly-insights-can-canada-go-its-own-way

1. Fiscal and Economic
Scorecard – Canada
– February 2023
and January 2023
Paul Young CPA CGA
April 1, 2023

2. Paul Young CPA
CGA – Senior Data
and AI Specialist
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – ESG and Sustainability Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: paul_young_cga@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/

3. 3
Agenda
• Key Metrics
• Employment – Canada
• Trade – Canada
• Manufacturing – Canada
• Housing – Canada
• Cost of Living / Canada
• Electricity
• Fiscal Update / Canada
• Blog – ESG Reporting
• Summary

4. 4
Key Metrics

5. 5
Key Metrics

6. 6
Key Metrics

7. GDP by Industry

8. Employment / Analysis

9. Stats Canada - Trade

10. 10
Manufacturing Sales – Canada
Source – Stats Canada

11. 11
Top Trends for Manufacturing
1. Onshoring
2. A Shift from B2B to B2C
3. Additive Manufacturing
4. Cybersecurity
5. Smart factories
6. ESG initiatives
7. Talent acquisition
• https://www.thomasnet.com/insights/top-7-manufacturing-trends-for-2022/?ecms_id=be52c10e-4a96-49ec-92e8-
3fe6cea78bda&ecms_short=ART6835&doc_type=ted_article&sponsored=&acct=&parent_id=357a9397-5b6e-4a4b-92e1-
9b9c901450e4&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thomas_industry_
update&campaign_name=tiu220325&utm_campaign=tiu220325&utm_medium=email&utm_source=thomas_industry_upd
ate&tinid=221763045
• My links
• USA - https://www.slideshare.net/paulyoungcga/united-states-manufacturing-sector-continues-to-face-many-challenges
• Canada - https://www.slideshare.net/paulyoungcga/canada-what-is-next-for-manufacturing-february-2022-and-january-
2022
•

12. 12
Real Estate and Housing

13. OECD and Inflation

14. Summary - Inflation

15. Power Generation / Key Country –
Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics

16. Fiscal Management – 2022/2023
Source – Government of Canada -

17. 17
Commodities

18. 18
Job Vacancies
Source – CIBC and Stats Canada

19. 19
ESG Reporting
Blog - Opportunity knocks for firms as ESG reporting, assurance levels rise. -
https://www.linkedin.com/posts/paul-young-055632b_opportunity-knocks-for-firms-as-esg-reporting-
activity-7036271928411639808-YYAt?utm_source=share&utm_medium=member_desktop
https://www.journalofaccountancy.com/news/2023/feb/opportunity-knocks-firms-esg-reporting-assurance-
levels-rise.html
This ties nicely to my blog on IOT and Sustainability - https://www.linkedin.com/posts/paul-young-
055632b_the-top-10-technology-trends-to-watch-in-activity-7036269916559196160-
RXhi?utm_source=share&utm_medium=member_desktop
The standards will continue to evolve over time. There could eventually private standards like there is for
small to medium-size businesses for accounting rules - https://nelliganlaw.ca/articles/ifrs-how-it-impacts-
your-small-to-mid-size-business/. Private companies may have a trim down version of the global ESG and
Sustainability standard similar to ASPE rules for accounting disclosures

20. 20
Summary
• Canada like many countries around the world continues to face many challenges
Blog – February 2023 and January 2023 Key Metrics for Canada
Canada GDP surprises in January 2023 - https://www.forexlive.com/news/canada-january-gdp-05-versus-
03-expected-20230331/
More needs to be done to address Canada competitiveness - https://www.edc.ca/en/weekly-
commentary/canada-competitive-business-environment.html
Supporting investment through balance policies -
https://canada.constructconnect.com/canadata/forecaster/economic/2023/03/three-factors-cloud-
outlook-for-canadian-non-res-capital-spending
Supporting balance policies that protect the environment while supporting mining development are key
for all levels of government - https://www.mining.com/canadian-govt-recognizes-mining-industrys-
critical-role-in-economy-net-zero-transition/
Sustainability and ESG Reporting - https://www.canadianunderwriter
.ca/insurance/esg-reporting-
expectations-on-suppliers-growing-report-says-1004232333/
Canada commitment to becoming a global leader in hydrogen production -
https://www.westernstandard.news/business/vapourware-canada-and-germany-sign-commitments-to-
develop-hydrogen-and-clean-energy-lng-curiously-absent/article_ff8d7362-cfce-11ed-a4ce-
3f70f93e3830.html or https://www.energyintel.com/00000187-341f-da69-a7b7-b57f23c40000
Oil prices are expected to remain in the $80-85 per barrel for the near-term -
https://ca.style.yahoo.com/oil-price-to-average-us85-for-next-12-months-survey-154814778.html
Addressing issues with food inflation continues to plague policy makers at all levels of government -
https://ca.style.yahoo.com/oil-price-to-average-us85-for-next-12-months-survey-154814778.html
Canada manufacturing sector continues to face many challenges - https://shopmetaltech.com/shop-
management/canadian-manufacturing-activity-rises-in-january/
Canadian small businesses continue to face many challenges - https://www.cfib-
fcei.ca/en/media/federal-budget-makes-progress-in-lowering-credit-card-fees-for-small-business