Fiscal and Economic Scorecard - Canada - January 2023 and December 2022.pptx
•Download as PPTX, PDF•
0 likes•27 views
This document provides a summary and analysis of key economic metrics and fiscal indicators for Canada for January 2023 and December 2022. It includes an overview of GDP, employment, trade, manufacturing, housing, cost of living, electricity rates, fiscal policy, and commodity prices. The author concludes that Canada faces challenges around productivity, innovation spending, tax policy, promoting industries like oil/gas, and addressing issues in the housing and grocery sectors that are fueling inflation. Infrastructure for emerging technologies like AI and improvements to competitiveness are needed.
Report
Share
Report
Share
Recommended
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
Employment (Labour Market) | Canada| November 2020
Employment rose by 0.3% in November, following an increase of 0.5% in October. From May to September, employment grew by an average of 2.7% per month.
Full-time employment rose by 99,000 in November, while part-time work was little changed.
Among those who worked at least half of their usual hours, 4.6 million worked from home in November.
Growth in self-employment stalled in November and compared to public sector and private sector employees, employment in this group remained furthest from the February pre-COVID level (-4.7%; -136,000).
Total hours worked rose by 1.2% in November. Since May, total hours worked has recovered steadily as the initial COVID-19 economic shutdown has given way to more limited and targeted public health measures.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204a-eng.htm
What is up with the Stock Market for WE - March 31 2023.pptx
Blog – Stock Market Analysis and Commentary for March 31, 2023
Summary:
Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors.
The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way. The index also notched its second winning quarter in a row after tumbling through most of last year on worries about high interest rates.
Friday’s gains came after a report showed inflation slowed in February, though it was still high on a historical basis. A slowdown in inflation could give the Federal Reserve more leeway to take it easier on interest rates.
On Friday:
The S&P 500 rose 58.48 points, or 1.4%, to 4,109.31.
The Dow Jones Industrial Average rose 415.12 points, or 1.3%, to 33,274.15.
The Nasdaq composite rose 208.44 points, or 1.7% to 12,221.91.
The Russell 2000 index of smaller companies rose 34.10 points, or 1.9%, to 1,802.48.
For the week:
The S&P 500 is up 138.32 points, or 3.5%.
Source - https://finance.yahoo.com/news/stock-market-news-mar-31-133101707.html?.tsrc=rss or https://apnews.com/article/business-financial-markets-06ac46287feada1dc7be21a1d7c52bf8
Commodity prices continue to see wild swings - https://www.the-star.co.ke/business/kenya/2023-03-30-commodity-price-shifts-to-slow-growth-in-developing-nations--imf/
Farming continued to experience both high input costs and wild swings from various commodities – https://www.agriculture.com/news/business/fapri-farm-income-to-soften-as-commodity-prices-weaken
ESG and Sustainability Reporting - https://seekingalpha.com/article/4591490-breaking-down-basics-esg-reporting-standards-vs-frameworks
Geopolitical issues - https://www.reinsurancene.ws/global-growth-drivers-outweigh-elevated-geopolitical-and-economic-risks-marsh/
Mining sector - https://www.lexology.com/library/detail.aspx?g=e7f7304f-a900-4953-b709-415d4e822724
Global Debt - https://www.bbc.com/news/business-65140363 or https://infotel.ca/newsitem/household-debt-to-income-ratio-edges-lower-as-interest-payments-expand/it97302
Top technological trends - https://hrbrain.com/the-most-prevalent-it-trends-expected-in-2023/ or https://crazytechsolution.com/new-technology-trends-in-2023/
LNG - https://www.hellenicshippingnews.com/lng-tankers-heading-to-britain-belgium-the-netherlands-and-germany/
Circularity - https://climatetechreview.com/topolytics-ai-driven-solution-for-sustainable-waste-management/ or https://www.pwc.co.nz/insights-and-publications/2023-publications/unlocking-a-greener-gdp-through-a-circular-bioeconomy.html
Consumer spending - https://www.hellenicshippingnews.com/u-s-consumer-spending-retreats-in-february-inflation-cools/
Construction materials - https://www.crainscleveland.com/real-estate/construction-conditions-improving-cleveland-us
Innovation - https://www.hostinger.com/tutorials/most-creative-countries-online or
Labor Market| Canada| October 2020
This document provides an overview and analysis of Canada's employment market in October 2020. It discusses sectors such as goods producing, manufacturing, and natural resources. It also addresses issues like job recovery, wages, youth employment, CERB/EI changes, skills/education, and the impact of automation. The document recommends that governments focus on growth areas like infrastructure, skills training, competitiveness and targeted fiscal stimulus to facilitate economic recovery in a post-COVID world.
What is up with the Stock Market for WE - April 22, 2023.pptx
Blog - Blog - Stock Market Analysis for the WE April 21 2023
Summary:
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week.
The S&P 500 (^GSPC) rose 0.09%, while the Dow Jones Industrial Average (^DJI) rose 23.99 points, or 0.07%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.11%.
All three major averages closed the week lower. The Dow had its worst week in six weeks, snapping a 4-week win streak
Source: https://www.cnbc.com/2023/04/20/stock-market-today-live-updates.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html
Canada| Economic and Fiscal Scorecard| December 2021 and November 2021
Blog – Economic and Fiscal Scorecard – Canada – December 2021 and November 2021
1. Foreign home tax - https://www.bnnbloomberg.ca/budget-officer-suggests-feds-foreign-homeowner-tax-to-yield-less-than-liberals-plan-1.1716014
2. Budget and GDP growth - https://halifax.citynews.ca/national-news/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-5013476
3. Spending - https://www.bdc.ca/en/about/mediaroom/news-releases/canada-tech-sector-fuels-growth-across-economy
4. Employee benefit programs - https://www.benefitscanada.com/news/bencan/rising-cost-of-drugs-benefits-plans-top-priorities-for-canadian-employers-survey/
5. Variants - https://ca.finance.yahoo.com/news/omicron-variant-ba-2-now-214429794.html
6. Mining - https://www.businesswire.com/news/home/20220131005082/en/NEO-Exchange-Expands-Reach-in-Mining-Sector-With-Public-Listing-of-Canadian-Manganese
7. Forestry sector - https://www.woodbusiness.ca/forest-sector-calls-for-action-on-supply-chain-woes-fpac/
8. Supply chain - https://www.ctvnews.ca/politics/liberals-industry-groups-look-to-solve-supply-chain-issues-and-prevent-future-woes-1.5761780
9. Farmers - https://westcentralonline.com/articles/grocery-prices-on-the-rise
10. Feed - https://www.reuters.com/world/americas/canadian-farmers-face-cattle-feed-shortage-due-drought-transport-strains-2022-01-25/
11. Freight - https://www.logisticsmgmt.com/article/q4_shipments_see_declines_while_rates_continue_to_go_reports_u.s_bank_freig
12. Competitiveness - https://occ.ca/mediareleases/tackling-canadas-supply-chain-critical-to-economic-recovery/
13. Startups - https://techcrunch.com/2021/07/22/canadas-startup-market-booms-alongside-hot-global-vc-investment/
14. Automation - https://ca.finance.yahoo.com/news/companies-automate-customer-experience-expect-142400391.html
Canada| Economic and Fiscal Scorecard| April 2021 and May 2021
Blog – Canada – May 2021 and April 2021 Economic Scorecard
1. GDP - https://www.marketwatch.com/story/canada-gdp-fell-0-3-in-april-271625057198
2. ADP - https://ca.finance.yahoo.com/news/adp-june-private-payrolls-jobs-market-pandemic-economy-recovery-121542029.html
3. Net Zero - https://ipolitics.ca/2021/06/29/net-zero-canada-is-lagging-in-climate-change-fight-nrcan/
4. Housing affordability - https://storeys.com/canadian-soaring-home-prices-deteriorating-affordability-rbc/
5. Public Sector - https://www.benefitscanada.com/news/bencan/ontario-caps-salary-and-performance-pay-for-public-sector-executives/
6. Stock performance - https://finance.yahoo.com/quote/%5EGSPTSE/history/
7. Net zero - https://www.corporateknights.com/channels/responsible-investing/are-corporations-getting-trapped-in-net-zero-16249640/
8. Commodity Prices - https://www.tradersinsight.news/traders-insight/securities/commodities/how-are-higher-commodity-prices-and-shipping-disruption-affecting-the-energy-transition-sector/
9. Natural resources - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.pdf or https://www.northernminer.com/news/report-outlines-what-canada-must-do-to-secure-supply-of-critical-minerals/1003832240/
10. Building Permits - https://www.marketwatch.com/story/canada-building-permits-slip-0-5-in-april-271622638203
What is up with the Stock Market for WE - April 14 2023.pptx
Blog – Stock Market Analysis for Week-Ending April 14, 2023
Summary:
The Dow Jones Industrial Average fell Friday, but notched a positive week, as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
The 30-stock Dow
dropped 143.22 points, or about 0.42%, to 33,886.47. The S&P 500 fell 0.21% to 4,137.64. Meanwhile, the Nasdaq Composite
slid 0.35% to 12,123.47.
The Dow, however, notched its fourth-straight positive week, rising 1.2%. The S&P 500 and the Nasdaq, meanwhile, nabbed their fourth positive week in five. The broad-market index added 0.79% for the week, while the Nasdaq ticked higher by 0.29%.
Source - https://www.cnbc.com/2023/04/13/stock-market-today-live-updates.html
Additional Sources:
Lithium price and supply - https://www.investorsobserver.com/news/qm-news/4619971545111386
Oil Production - https://ca.finance.yahoo.com/news/us-import-prices-fall-more-130519523.html
LNG Production - https://www.investorsobserver.com/news/qm-pr/8458744909354243
GDP Growth - https://www.weforum.org/agenda/2023/04/imf-global-growth-weakest-in-30-years-top-economics-news-2023/
Sustainability and ESG - https://www.pionline.com/esg/sustainable-development-goals-are-slipping-our-grasp-un-official-warns
Food security and costs - https://www.vision.org/global-problems-global-solutions-part-3-what-shall-we-eat-and-drink-9418 or https://www.arabnews.com/node/2286996/business-economy
Housing - https://www.abc.net.au/news/2023-04-15/australia-economic-problems-inflation-housing-recession-solution/102225108
Technology trends - https://www.entrepreneur.com/leadership/the-top-5-challenges-for-tech-leaders-in-2023/449118 or https://markets.businessinsider.com/news/stocks/ai-labor-market-linkedin-economist-jobs-unemployment-chatgpt-fed-interest-2023-4
Global Debt - https://newsus.cgtn.com/news/2023-04-15/IMF-and-the-World-Bank-address-world-debt-issues--1j0EmFTZ4oU/index.html
Supply chain - https://www.scmr.com/article/dhl_supply_chain_facility_is_showcasing_how_automation_humans_can_coexist
Innovation - https://www.geekwire.com/2023/heres-how-startups-can-position-themselves-against-big-tech-in-the-generative-ai-race/
Recommended
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
Employment (Labour Market) | Canada| November 2020
Employment rose by 0.3% in November, following an increase of 0.5% in October. From May to September, employment grew by an average of 2.7% per month.
Full-time employment rose by 99,000 in November, while part-time work was little changed.
Among those who worked at least half of their usual hours, 4.6 million worked from home in November.
Growth in self-employment stalled in November and compared to public sector and private sector employees, employment in this group remained furthest from the February pre-COVID level (-4.7%; -136,000).
Total hours worked rose by 1.2% in November. Since May, total hours worked has recovered steadily as the initial COVID-19 economic shutdown has given way to more limited and targeted public health measures.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204a-eng.htm
What is up with the Stock Market for WE - March 31 2023.pptx
Blog – Stock Market Analysis and Commentary for March 31, 2023
Summary:
Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors.
The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way. The index also notched its second winning quarter in a row after tumbling through most of last year on worries about high interest rates.
Friday’s gains came after a report showed inflation slowed in February, though it was still high on a historical basis. A slowdown in inflation could give the Federal Reserve more leeway to take it easier on interest rates.
On Friday:
The S&P 500 rose 58.48 points, or 1.4%, to 4,109.31.
The Dow Jones Industrial Average rose 415.12 points, or 1.3%, to 33,274.15.
The Nasdaq composite rose 208.44 points, or 1.7% to 12,221.91.
The Russell 2000 index of smaller companies rose 34.10 points, or 1.9%, to 1,802.48.
For the week:
The S&P 500 is up 138.32 points, or 3.5%.
Source - https://finance.yahoo.com/news/stock-market-news-mar-31-133101707.html?.tsrc=rss or https://apnews.com/article/business-financial-markets-06ac46287feada1dc7be21a1d7c52bf8
Commodity prices continue to see wild swings - https://www.the-star.co.ke/business/kenya/2023-03-30-commodity-price-shifts-to-slow-growth-in-developing-nations--imf/
Farming continued to experience both high input costs and wild swings from various commodities – https://www.agriculture.com/news/business/fapri-farm-income-to-soften-as-commodity-prices-weaken
ESG and Sustainability Reporting - https://seekingalpha.com/article/4591490-breaking-down-basics-esg-reporting-standards-vs-frameworks
Geopolitical issues - https://www.reinsurancene.ws/global-growth-drivers-outweigh-elevated-geopolitical-and-economic-risks-marsh/
Mining sector - https://www.lexology.com/library/detail.aspx?g=e7f7304f-a900-4953-b709-415d4e822724
Global Debt - https://www.bbc.com/news/business-65140363 or https://infotel.ca/newsitem/household-debt-to-income-ratio-edges-lower-as-interest-payments-expand/it97302
Top technological trends - https://hrbrain.com/the-most-prevalent-it-trends-expected-in-2023/ or https://crazytechsolution.com/new-technology-trends-in-2023/
LNG - https://www.hellenicshippingnews.com/lng-tankers-heading-to-britain-belgium-the-netherlands-and-germany/
Circularity - https://climatetechreview.com/topolytics-ai-driven-solution-for-sustainable-waste-management/ or https://www.pwc.co.nz/insights-and-publications/2023-publications/unlocking-a-greener-gdp-through-a-circular-bioeconomy.html
Consumer spending - https://www.hellenicshippingnews.com/u-s-consumer-spending-retreats-in-february-inflation-cools/
Construction materials - https://www.crainscleveland.com/real-estate/construction-conditions-improving-cleveland-us
Innovation - https://www.hostinger.com/tutorials/most-creative-countries-online or
Labor Market| Canada| October 2020
This document provides an overview and analysis of Canada's employment market in October 2020. It discusses sectors such as goods producing, manufacturing, and natural resources. It also addresses issues like job recovery, wages, youth employment, CERB/EI changes, skills/education, and the impact of automation. The document recommends that governments focus on growth areas like infrastructure, skills training, competitiveness and targeted fiscal stimulus to facilitate economic recovery in a post-COVID world.
What is up with the Stock Market for WE - April 22, 2023.pptx
Blog - Blog - Stock Market Analysis for the WE April 21 2023
Summary:
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week.
The S&P 500 (^GSPC) rose 0.09%, while the Dow Jones Industrial Average (^DJI) rose 23.99 points, or 0.07%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.11%.
All three major averages closed the week lower. The Dow had its worst week in six weeks, snapping a 4-week win streak
Source: https://www.cnbc.com/2023/04/20/stock-market-today-live-updates.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html or https://finance.yahoo.com/stocks-end-week-lower-amid-earnings-strong-economic-data-stock-market-news-today-180717344.html
Canada| Economic and Fiscal Scorecard| December 2021 and November 2021
Blog – Economic and Fiscal Scorecard – Canada – December 2021 and November 2021
1. Foreign home tax - https://www.bnnbloomberg.ca/budget-officer-suggests-feds-foreign-homeowner-tax-to-yield-less-than-liberals-plan-1.1716014
2. Budget and GDP growth - https://halifax.citynews.ca/national-news/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-5013476
3. Spending - https://www.bdc.ca/en/about/mediaroom/news-releases/canada-tech-sector-fuels-growth-across-economy
4. Employee benefit programs - https://www.benefitscanada.com/news/bencan/rising-cost-of-drugs-benefits-plans-top-priorities-for-canadian-employers-survey/
5. Variants - https://ca.finance.yahoo.com/news/omicron-variant-ba-2-now-214429794.html
6. Mining - https://www.businesswire.com/news/home/20220131005082/en/NEO-Exchange-Expands-Reach-in-Mining-Sector-With-Public-Listing-of-Canadian-Manganese
7. Forestry sector - https://www.woodbusiness.ca/forest-sector-calls-for-action-on-supply-chain-woes-fpac/
8. Supply chain - https://www.ctvnews.ca/politics/liberals-industry-groups-look-to-solve-supply-chain-issues-and-prevent-future-woes-1.5761780
9. Farmers - https://westcentralonline.com/articles/grocery-prices-on-the-rise
10. Feed - https://www.reuters.com/world/americas/canadian-farmers-face-cattle-feed-shortage-due-drought-transport-strains-2022-01-25/
11. Freight - https://www.logisticsmgmt.com/article/q4_shipments_see_declines_while_rates_continue_to_go_reports_u.s_bank_freig
12. Competitiveness - https://occ.ca/mediareleases/tackling-canadas-supply-chain-critical-to-economic-recovery/
13. Startups - https://techcrunch.com/2021/07/22/canadas-startup-market-booms-alongside-hot-global-vc-investment/
14. Automation - https://ca.finance.yahoo.com/news/companies-automate-customer-experience-expect-142400391.html
Canada| Economic and Fiscal Scorecard| April 2021 and May 2021
Blog – Canada – May 2021 and April 2021 Economic Scorecard
1. GDP - https://www.marketwatch.com/story/canada-gdp-fell-0-3-in-april-271625057198
2. ADP - https://ca.finance.yahoo.com/news/adp-june-private-payrolls-jobs-market-pandemic-economy-recovery-121542029.html
3. Net Zero - https://ipolitics.ca/2021/06/29/net-zero-canada-is-lagging-in-climate-change-fight-nrcan/
4. Housing affordability - https://storeys.com/canadian-soaring-home-prices-deteriorating-affordability-rbc/
5. Public Sector - https://www.benefitscanada.com/news/bencan/ontario-caps-salary-and-performance-pay-for-public-sector-executives/
6. Stock performance - https://finance.yahoo.com/quote/%5EGSPTSE/history/
7. Net zero - https://www.corporateknights.com/channels/responsible-investing/are-corporations-getting-trapped-in-net-zero-16249640/
8. Commodity Prices - https://www.tradersinsight.news/traders-insight/securities/commodities/how-are-higher-commodity-prices-and-shipping-disruption-affecting-the-energy-transition-sector/
9. Natural resources - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.pdf or https://www.northernminer.com/news/report-outlines-what-canada-must-do-to-secure-supply-of-critical-minerals/1003832240/
10. Building Permits - https://www.marketwatch.com/story/canada-building-permits-slip-0-5-in-april-271622638203
What is up with the Stock Market for WE - April 14 2023.pptx
Blog – Stock Market Analysis for Week-Ending April 14, 2023
Summary:
The Dow Jones Industrial Average fell Friday, but notched a positive week, as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
The 30-stock Dow
dropped 143.22 points, or about 0.42%, to 33,886.47. The S&P 500 fell 0.21% to 4,137.64. Meanwhile, the Nasdaq Composite
slid 0.35% to 12,123.47.
The Dow, however, notched its fourth-straight positive week, rising 1.2%. The S&P 500 and the Nasdaq, meanwhile, nabbed their fourth positive week in five. The broad-market index added 0.79% for the week, while the Nasdaq ticked higher by 0.29%.
Source - https://www.cnbc.com/2023/04/13/stock-market-today-live-updates.html
Additional Sources:
Lithium price and supply - https://www.investorsobserver.com/news/qm-news/4619971545111386
Oil Production - https://ca.finance.yahoo.com/news/us-import-prices-fall-more-130519523.html
LNG Production - https://www.investorsobserver.com/news/qm-pr/8458744909354243
GDP Growth - https://www.weforum.org/agenda/2023/04/imf-global-growth-weakest-in-30-years-top-economics-news-2023/
Sustainability and ESG - https://www.pionline.com/esg/sustainable-development-goals-are-slipping-our-grasp-un-official-warns
Food security and costs - https://www.vision.org/global-problems-global-solutions-part-3-what-shall-we-eat-and-drink-9418 or https://www.arabnews.com/node/2286996/business-economy
Housing - https://www.abc.net.au/news/2023-04-15/australia-economic-problems-inflation-housing-recession-solution/102225108
Technology trends - https://www.entrepreneur.com/leadership/the-top-5-challenges-for-tech-leaders-in-2023/449118 or https://markets.businessinsider.com/news/stocks/ai-labor-market-linkedin-economist-jobs-unemployment-chatgpt-fed-interest-2023-4
Global Debt - https://newsus.cgtn.com/news/2023-04-15/IMF-and-the-World-Bank-address-world-debt-issues--1j0EmFTZ4oU/index.html
Supply chain - https://www.scmr.com/article/dhl_supply_chain_facility_is_showcasing_how_automation_humans_can_coexist
Innovation - https://www.geekwire.com/2023/heres-how-startups-can-position-themselves-against-big-tech-in-the-generative-ai-race/
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Blog – Canada – Economic and Fiscal Scorecard – June 2021 and July 2021
1. Inflation - https://www.bnnbloomberg.ca/inflation-expectations-spike-to-record-at-canadian-businesses-1.1644394
2. The Mfg. plan, should is based on four pillars – workforce, innovation, exports, and a net-zero strategy https://www.canadianmanufacturing.com/manufacturing/cme-manufacturers-call-for-a-concrete-plan-on-economic-recovery-272714/ You would think good-paying jobs would be Trudeau's focus, right? Nope attacking Harper is the focus. https://www.slideshare.net/paulyoungcga/manufacturing-canada-june-2021
3. https://www.nationalnewswatch.com/2021/08/30/food-processors-want-action-from-the-next-federal-government/#.YSzGdN8pDQx If food processors want better policies, then they should not be voting for either @theJagmeetSingh or @JustinTrudeau as all they know how to do is tax and spend! https://www.slideshare.net/paulyoungcga/agriculture-and-farm-equipment-sector-july-2021@CPC_HQ
4. Job vacancies - https://thoughtleadership.rbc.com/are-sky-high-job-vacancies-in-canada-around-for-a-while/
5. Circular economy - https://www.hilltimes.com/2021/08/25/canada-and-the-nordic-countries-are-allies-in-transitioning-to-a-circular-economy-envoys/312761
6. Housing - https://betterdwelling.com/canadian-housing-affordability-got-worse-under-trudeau-but-did-he-do-the-worst/
7. USA and Canada Trade - https://www.hilltimes.com/2021/08/30/reliance-on-u-s-remains-a-threat-to-canadian-economy/314006
8. Climate change - https://www.corporateknights.com/responsible-investing/why-are-canadian-pensions-risking-our-future-by-funding-fossil-fuel-expansion/
9. International support - https://www.international.gc.ca/gac-amc/publications/odaaa-lrmado/report-rapport-18-19.aspx?lang=eng
10. Infrastructure - https://www.hilltimes.com/2021/08/25/transportation-infrastructure-key-for-canadas-economic-recovery/313242
Fiscal Management| Canada| Analysis and Commentary| October 18, 2020
This document provides an agenda for a presentation on fiscal management in Canada. It includes biographical information about the presenter, Paul Young. The presentation will cover the fiscal management cycle for the 2019/2020 fiscal year at the federal and provincial levels. It will also discuss Canada's pandemic response, credit downgrades, the size of government, GDP growth in provinces, and key metrics for GDP. The importance of audits will be emphasized. The agenda indicates there will be discussion of federal spending in 2020/2021, pandemic stimulus spending, deficits as a percentage of GDP, debt downgrades, job quality in Canada and the US, and GDP levels.
Employment and Labor Market - Canada - May 2022.pptx
Canada's economy gained a net 39,800 jobs in May, entirely in full-time work, Statistics Canada said on Friday. The jobless rate edged down to 5.1%, a new record low.
Employment in the goods producing sector fell by a net 41,200 jobs, mostly in manufacturing. The services sector grew by a net 80,900 positions, mostly in wholesale and retail trade, as well as educational services.
Source - https://ca.finance.yahoo.com/news/instant-view-canada-gains-39-125410600.html
What is up with the Stock Market for WE - April 8 2023.pptx
Blog – Stock Market Analysis for the week-ending April 7, 2023
Summary:
Dow Jones futures will reopen Sunday evening. Futures rose slightly Friday while Treasury yields jumped after the March jobs report showed slowing hiring and wage growth but also declining unemployment. Meanwhile, Tesla (TSLA) cut U.S. prices on all its electric vehicles.
U.S. stock markets were closed Friday. The major indexes held up well in a holiday-shortened trading week, with midweek pullbacks looking healthy and normal. But many sectors and leading stocks sold off hard, including Tesla stock.
Google parent Alphabet (GOOGL) broke out Thursday. China e-commerce giant Alibaba (BABA) flashed an aggressive entry.
The video embedded in this article discusses the weekly market action and analyzed Google, BABA stock and Intuitive Surgical (ISRG).
Jobs Report
The Labor Department reported that nonfarm payrolls rose by 236,000, just below estimates for 240,000. That's down from February's revised 326,000.
Private payrolls rose just 189,000, well below views for 223,000. Manufacturing jobs unexpectedly dipped 1,000.
The jobless rate also surprised, dipping to 3.5%, back to long-term lows. However, the labor force participation rate climbed to a post-Covid high 62.6%.
Hourly earnings rose 0.3% vs. February, in line. The annual gain cooled to 4.2%, below views for 4.3% and the lowest in years. The three-month annualized wage gain slowed to 3.2%.
The average workweek unexpectedly shortened, to 34.4 hours.
Despite the slower wage gains and private hiring, the odds of a Fed rate hike in May jumped to 67% Thursday from 49% on Wednesday.
Source - https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-jobs-report-tesla-cuts-u-s-ev-prices-again/
Additional sources:
Lithium - https://www.nerdwallet.com/article/investing/ev-investing-april2023 or https://www.motorbiscuit.com/not-so-green-the-rivian-hogs-enough-lithium-to-build-20-phevs/
Manufacturing - https://www.thehindu.com/business/Industry/manufacturing-pmi-at-three-month-high-in-march-sp-global-pmi/article66693993.ece
LNG outlook - https://www.fxempire.com/forecasts/article/natural-gas-forecast-us-lng-exports-rise-as-gas-flows-to-export-plants-increase-1328042
Oil Production - https://oilmanmagazine.com/opec-announces-production-cuts-sending-oil-price-upward/
Food Prices - https://www.euronews.com/2023/04/07/global-food-prices-drop-by-a-fifth-but-still-remain-too-high
Housing market - https://www.wsws.org/en/articles/2023/04/07/eceh-a07.html or https://www.msn.com/en-gb/money/other/the-worlds-largest-3d-printed-neighbourhood-launches-in-texas/ss-AA19BW4j#image=6 or https://www.newsweek.com/big-short-investor-warns-new-disaster-housing-market-1793235
Global debt - https://speculatorsanonymous.com/articles/wall-of-corporate-debt-maturing/
Agriculture - https://www.dtnpf.com/agriculture/web/AG/news/business-inputs/article/2023/04/06/can-farmers-feed-world-2050
Wages and Job Vacancies (Job Quality) - Canada - April 2022 and March 2022.pptx
Nearly 50% of the job vacancies are with jobs that pay less than the average wage
More and more organizations are adopting business automation to address issues with their operational model
Wage growth has been strong at 4.3%
Fiscal and Economic Scorecard - Canada - May 2022 and June 2022.pptx
This document provides a summary of key economic metrics and fiscal updates for Canada in May and June 2022. It includes sections on employment, trade, manufacturing, housing, cost of living, electricity, and the fiscal update. Additional blogs cover topics like the path forward for Canada's budget, pharmacare, job quality, climate change, plastics recycling, and transforming the public sector. Tables and graphs present data on GDP, GDP growth, deficits, trade balances, manufacturing sales, housing starts, inflation rates, and other indicators.
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021
Blog – Canada – Economic Scorecard for October 2021 and September 2021
a) GDP grew at 5.3% annual pace in the 3Q21 - https://www.bnnbloomberg.ca/statistics-canada-says-gdp-grew-at-5-4-annual-rate-in-q3-1.1688906
b) Wages expected to rise by 2.7% in 2022 - https://www.benefitscanada.com/news/bencan/survey-says-wages-set-to-rise-2-7-in-2022-as-inflation-hits-new-high/
c) Food bank - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
d) Micro housing promoted by CMHC - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
e) Food costs - https://www.marketscreener.com/news/latest/Food-commodity-markets-Stable-with-considerable-upside-price-risks--37157673/
f) Fertilizer - https://theeagle.com/landandlivestockpost/fertilizer-prices-continue-record-climb/article_50b1886e-432b-11ec-b19f-bfb24750ac08.html
g) Commodities - https://www.bloomberg.com/markets/commodities
h) GDP growth has been led by government spending and housing. The goods-producing sector continues to struggle with growth. Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction. https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
i) TSX - https://www.reuters.com/markets/europe/tsx-opens-higher-energy-stocks-jump-stronger-crude-2021-11-29/
What is next for Monetary Policies - Canada - September 2022.pptx
Blog – What is next for Monetary Policies – Canada – September 2022
Canada has struggled with productivity issues for over 20 years. The liberals have done little address productivity including making changes to tax code related to capital cost allowance, R&D credits, training credits, etc.
Canada lock down strategy and stimulus has led to higher inflation. Liberals never had a plan to pull back on the stimulus through targeted measures that would better support improving supply chain, productivity, skills gap, and innovation
Canadian dollar has hit a two-year low,
Canada housing market was artificially kept high for years. The housing prices continue to fall.
Canada needs to revamp its tax and regulatory policies as part of getting goods out of the ground to market
What is next for the Global Economy| January 28, 2022
The document is a presentation by Paul Young CPA CGA on the topic of what is happening with the stock market. Some key points from the presentation include:
- Paul Young's background and credentials in various finance and business fields.
- The agenda covers topics like the stock markets in Canada, the US, and other countries. It also discusses corporate reporting challenges, automation, geopolitical risks, and economic scorecards.
- Sections provide summaries of stock market performance in places like the US, Canada, Australia, Asia, the Middle East, and South America. It also addresses topics such as inflation, auditing, and monetary policies.
- Charts, graphs, and links to additional resources
Wages and Job Vacancies - Canada - June 2022.pptx
Blog – Wages and Job Vacancies – Canada – July 2022
Nearly 50% of the job vacancies pay less than the average wage
Housing and rent costs are becoming a big problem for Canadians
Not enough is being done to address issues with the skill trades
Healthcare continues to face many challenges including addressing labor shortages
Liberals continue to push policies that are more long-term focus instead of addressing how to reduce EMEA dependency on Russian Oil and Natural Gas - https://www.slideshare.net/paulyoungcga/what-is-next-for-canadas-mining-forestry-energy-and-agricultural-sectorspptx
All levels of government and the private sector need to work together to build a resilient supply chain in Canada - https://www.slideshare.net/paulyoungcga/how-best-to-build-a-reslient-supply-chainpptx
Wages and Job Vacancies - Canada - August 2022.pptx
Wage growth to slow down in 2023
Potential recession in 2023
High inflation will continue to be a focus by central banks
More emphasis needs to be on closing the skill gap
Capital investment required to address issues with intermodal, ports, rail, and trucking capacity
Government needs to embrace business automation including moving to a digital model
Job Quality and Job Vacancies - Canada - December 2021
Summary:
856K job vacancies
50% of the job vacancies pay less than the average wage
More and more organizations continue to invest in business automation
1. Wages https://betterdwelling.com/canadian-job-vacancies-are-rising-but-wages-arent-budging/
2. Top careers - https://www.entrepreneur.com/article/414839
3. Business Students - https://goodmenproject.com/business-ethics-2/top-career-trends-for-business-students-in-2022-and-beyond/
4. Housing costs and Wages http://blog.oxfordeconomics.com/content/us-and-canada-housing-affordability-edged-down-in-q3
5. Household debt - https://www.mpamag.com/ca/news/general/cibcs-tal-on-how-fast-interest-rates-might-rise/326675
6. Income inequality - https://www.ictsd.org/how-to-reduce-income-inequality-in-canada/
7. Automation - https://www.forbes.com/sites/forbescoachescouncil/2022/02/24/10-ways-automation-might-affect-job-markets-in-the-near-future/?sh=2dffbc76302a and https://www.digitaljournal.com/pr/top-5-business-automation-trends-in-2022
8. Skill trades - https://www.northernontariobusiness.com/press-release/rescon-calling-on-federal-government-to-allow-more-skilled-trades-into-canada-5092355
9. Public sector - https://www2.deloitte.com/us/en/pages/public-sector/articles/future-of-public-service.html
10. Mining - https://www.mining.com/in-charts-copper-project-pantry-bare-from-2025/
11. Oil and Gas - https://www.cnbc.com/2022/02/24/biden-administration-pausing-new-oil-and-gas-leases-amid-legal-battle-.html
12. https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/manufacturing-industry-outlook.html
Employment| Canada | July 2020
Canada gain 418K net new jobs over the previous month. Canada still has on average recovered about 93% of the jobs since February 2020. Many jobs likely are not coming back
Public Sector| Canada
Blog – Public Sector – Fiscal Performance – Canada
Ontario Finances
Next week’s Ontario budget is a critical one for the Ford government. It will have to balance another six months of COVID costs with a plan to transition government finances back to pre-pandemic normality. Any difficult spending decisions should be included in this budget, because the 2022 one will be all about winning re-election.
Source - https://nationalpost.com/opinion/randall-denley-upcoming-ontario-budget-is-bound-to-agitate-both-pc-supporters-and-the-public-sector
Canada has one highest debt loads for a developed country –
That theory has its doubters, starting with the Bank of Canada, which has previously said it isn’t counting on the built-up savings to be unleashed quickly. Canadians may instead hang onto the money or use it to pay down their own sizable debts, the bank says. That wouldn’t be a trivial outcome, either.
Frances Donald, global chief economist and head of macro strategy at Manulife Investment Management, said it’s misleading to use short-term economic data to measure the effectiveness of fiscal stimulus.
https://www.bnnbloomberg.ca/trudeau-s-debt-binge-shows-limits-in-canada-s-sharp-contraction-1.1571174
@JustinTrudeau took $1B surpluses to a deficit within a few months of taking office. Trudeau's growth has been the worse of any PM since the great depression.
2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020
Fitch downgrade - https://www.bnnbloomberg.ca/economics/video/fitch-s-downgrade-a-blow-but-better-than-negative-outlook-former-pbo~1983621
Competitiveness - https://tradingeconomics.com/canada/competitiveness-rank
Provinces are asking more for healthcare - https://www.newswire.ca/news-releases/premiers-release-report-confirming-the-federal-government-s-financial-ability-to-increase-the-canada-health-transfer-805210659.html
Wages and Job Vacancies (Job Quality) - Canada - May 2022 and June 2022.pptx
Summary:
The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours (SEPH) as payroll employment—decreased by 26,100 (-0.1%) in May, the first decline since May 2021. Ontario (-30,000; -0.4%) and Manitoba (-2,500; -0.4%) recorded the largest payroll employment losses, while British Columbia (+7,000; +0.3%) was the lone province to record an increase.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/220728/dq220728a-eng.htm
What is up with Stock Marklet| February 18. 2022
Summary:
The Dow Jones Industrial Average DJIA-0.68% fell 233 points or 0.7%, while the S&P 500 SPX-0.72% dropped 0.7%. The Nasdaq Composite COMP-1.23% declined 1.2%. All three indexes had flickered between up and down earlier in the morning.
Source - https://www.barrons.com/articles/stock-market-today-51645180112
Wages and Job Vacancies - Canada - July 2022.pptx
Blog – Job Vacancies and Job Quality – Canada – July 2022
46% of the job vacancies pay less than the average wage
EI and other training funds need to be used as part of moving people to new careers in demand
Goods-producing sector continues to face major regulatory hurdles as part of getting their goods out of the ground to market.
Housing costs continue to eat up a large chunk of household budgets
Liberals continue to throw gasoline on the inflation fire.
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptx
Blog – How is Canada’s Economy performing for February 2022 and January 2022
Here is my latest report on the health of Canadian economy. Chrystia Freeland continues to say the fundamentals are strong. If Ms. Freeland is referring to debt driven economy, then she is right. There are many challenges facing the Canadian economy:
a) Low productivity
b) Inability to develop natural resources in a sustainable way
c) The new climate change policies that are more about optics than sound policies
d) Food and energy crisis
e) High inflation
f) High household debt
g) Skills gaps and more business automation
h) Issues with attracting FDI
i) Lack of innovation investment within Canada
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...
Summary:
Nearly 50% of the job vacancies are with jobs that pay less than the average wage.
Jobs in areas like manufacturing, mining, real estate, IT, professional services require years of education and certification.
Liberals continue to bring in policies that does little to develop both the natural resources sector and the advance manufacturing sector.
What is up with the Stock Market for WE - May 5 2023.pptx
The document provides an overview of the stock market and global economic conditions. It discusses concerns over housing debt and affordable housing dragging down markets. It also mentions worries about access to critical metals for green energy and ongoing supply chain disruptions plaguing global trade. High inflation continues to challenge central banks as the threat of recession rises. An extended bear market could potentially cause issues with pension solvency. The presentation examines stock market and economic indicators from various countries worldwide.
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
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.pptx
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.
More Related Content
Similar to Fiscal and Economic Scorecard - Canada - January 2023 and December 2022.pptx
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Blog – Canada – Economic and Fiscal Scorecard – June 2021 and July 2021
1. Inflation - https://www.bnnbloomberg.ca/inflation-expectations-spike-to-record-at-canadian-businesses-1.1644394
2. The Mfg. plan, should is based on four pillars – workforce, innovation, exports, and a net-zero strategy https://www.canadianmanufacturing.com/manufacturing/cme-manufacturers-call-for-a-concrete-plan-on-economic-recovery-272714/ You would think good-paying jobs would be Trudeau's focus, right? Nope attacking Harper is the focus. https://www.slideshare.net/paulyoungcga/manufacturing-canada-june-2021
3. https://www.nationalnewswatch.com/2021/08/30/food-processors-want-action-from-the-next-federal-government/#.YSzGdN8pDQx If food processors want better policies, then they should not be voting for either @theJagmeetSingh or @JustinTrudeau as all they know how to do is tax and spend! https://www.slideshare.net/paulyoungcga/agriculture-and-farm-equipment-sector-july-2021@CPC_HQ
4. Job vacancies - https://thoughtleadership.rbc.com/are-sky-high-job-vacancies-in-canada-around-for-a-while/
5. Circular economy - https://www.hilltimes.com/2021/08/25/canada-and-the-nordic-countries-are-allies-in-transitioning-to-a-circular-economy-envoys/312761
6. Housing - https://betterdwelling.com/canadian-housing-affordability-got-worse-under-trudeau-but-did-he-do-the-worst/
7. USA and Canada Trade - https://www.hilltimes.com/2021/08/30/reliance-on-u-s-remains-a-threat-to-canadian-economy/314006
8. Climate change - https://www.corporateknights.com/responsible-investing/why-are-canadian-pensions-risking-our-future-by-funding-fossil-fuel-expansion/
9. International support - https://www.international.gc.ca/gac-amc/publications/odaaa-lrmado/report-rapport-18-19.aspx?lang=eng
10. Infrastructure - https://www.hilltimes.com/2021/08/25/transportation-infrastructure-key-for-canadas-economic-recovery/313242
Fiscal Management| Canada| Analysis and Commentary| October 18, 2020
This document provides an agenda for a presentation on fiscal management in Canada. It includes biographical information about the presenter, Paul Young. The presentation will cover the fiscal management cycle for the 2019/2020 fiscal year at the federal and provincial levels. It will also discuss Canada's pandemic response, credit downgrades, the size of government, GDP growth in provinces, and key metrics for GDP. The importance of audits will be emphasized. The agenda indicates there will be discussion of federal spending in 2020/2021, pandemic stimulus spending, deficits as a percentage of GDP, debt downgrades, job quality in Canada and the US, and GDP levels.
Employment and Labor Market - Canada - May 2022.pptx
Canada's economy gained a net 39,800 jobs in May, entirely in full-time work, Statistics Canada said on Friday. The jobless rate edged down to 5.1%, a new record low.
Employment in the goods producing sector fell by a net 41,200 jobs, mostly in manufacturing. The services sector grew by a net 80,900 positions, mostly in wholesale and retail trade, as well as educational services.
Source - https://ca.finance.yahoo.com/news/instant-view-canada-gains-39-125410600.html
What is up with the Stock Market for WE - April 8 2023.pptx
Blog – Stock Market Analysis for the week-ending April 7, 2023
Summary:
Dow Jones futures will reopen Sunday evening. Futures rose slightly Friday while Treasury yields jumped after the March jobs report showed slowing hiring and wage growth but also declining unemployment. Meanwhile, Tesla (TSLA) cut U.S. prices on all its electric vehicles.
U.S. stock markets were closed Friday. The major indexes held up well in a holiday-shortened trading week, with midweek pullbacks looking healthy and normal. But many sectors and leading stocks sold off hard, including Tesla stock.
Google parent Alphabet (GOOGL) broke out Thursday. China e-commerce giant Alibaba (BABA) flashed an aggressive entry.
The video embedded in this article discusses the weekly market action and analyzed Google, BABA stock and Intuitive Surgical (ISRG).
Jobs Report
The Labor Department reported that nonfarm payrolls rose by 236,000, just below estimates for 240,000. That's down from February's revised 326,000.
Private payrolls rose just 189,000, well below views for 223,000. Manufacturing jobs unexpectedly dipped 1,000.
The jobless rate also surprised, dipping to 3.5%, back to long-term lows. However, the labor force participation rate climbed to a post-Covid high 62.6%.
Hourly earnings rose 0.3% vs. February, in line. The annual gain cooled to 4.2%, below views for 4.3% and the lowest in years. The three-month annualized wage gain slowed to 3.2%.
The average workweek unexpectedly shortened, to 34.4 hours.
Despite the slower wage gains and private hiring, the odds of a Fed rate hike in May jumped to 67% Thursday from 49% on Wednesday.
Source - https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-jobs-report-tesla-cuts-u-s-ev-prices-again/
Additional sources:
Lithium - https://www.nerdwallet.com/article/investing/ev-investing-april2023 or https://www.motorbiscuit.com/not-so-green-the-rivian-hogs-enough-lithium-to-build-20-phevs/
Manufacturing - https://www.thehindu.com/business/Industry/manufacturing-pmi-at-three-month-high-in-march-sp-global-pmi/article66693993.ece
LNG outlook - https://www.fxempire.com/forecasts/article/natural-gas-forecast-us-lng-exports-rise-as-gas-flows-to-export-plants-increase-1328042
Oil Production - https://oilmanmagazine.com/opec-announces-production-cuts-sending-oil-price-upward/
Food Prices - https://www.euronews.com/2023/04/07/global-food-prices-drop-by-a-fifth-but-still-remain-too-high
Housing market - https://www.wsws.org/en/articles/2023/04/07/eceh-a07.html or https://www.msn.com/en-gb/money/other/the-worlds-largest-3d-printed-neighbourhood-launches-in-texas/ss-AA19BW4j#image=6 or https://www.newsweek.com/big-short-investor-warns-new-disaster-housing-market-1793235
Global debt - https://speculatorsanonymous.com/articles/wall-of-corporate-debt-maturing/
Agriculture - https://www.dtnpf.com/agriculture/web/AG/news/business-inputs/article/2023/04/06/can-farmers-feed-world-2050
Wages and Job Vacancies (Job Quality) - Canada - April 2022 and March 2022.pptx
Nearly 50% of the job vacancies are with jobs that pay less than the average wage
More and more organizations are adopting business automation to address issues with their operational model
Wage growth has been strong at 4.3%
Fiscal and Economic Scorecard - Canada - May 2022 and June 2022.pptx
This document provides a summary of key economic metrics and fiscal updates for Canada in May and June 2022. It includes sections on employment, trade, manufacturing, housing, cost of living, electricity, and the fiscal update. Additional blogs cover topics like the path forward for Canada's budget, pharmacare, job quality, climate change, plastics recycling, and transforming the public sector. Tables and graphs present data on GDP, GDP growth, deficits, trade balances, manufacturing sales, housing starts, inflation rates, and other indicators.
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021
Blog – Canada – Economic Scorecard for October 2021 and September 2021
a) GDP grew at 5.3% annual pace in the 3Q21 - https://www.bnnbloomberg.ca/statistics-canada-says-gdp-grew-at-5-4-annual-rate-in-q3-1.1688906
b) Wages expected to rise by 2.7% in 2022 - https://www.benefitscanada.com/news/bencan/survey-says-wages-set-to-rise-2-7-in-2022-as-inflation-hits-new-high/
c) Food bank - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
d) Micro housing promoted by CMHC - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
e) Food costs - https://www.marketscreener.com/news/latest/Food-commodity-markets-Stable-with-considerable-upside-price-risks--37157673/
f) Fertilizer - https://theeagle.com/landandlivestockpost/fertilizer-prices-continue-record-climb/article_50b1886e-432b-11ec-b19f-bfb24750ac08.html
g) Commodities - https://www.bloomberg.com/markets/commodities
h) GDP growth has been led by government spending and housing. The goods-producing sector continues to struggle with growth. Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction. https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
i) TSX - https://www.reuters.com/markets/europe/tsx-opens-higher-energy-stocks-jump-stronger-crude-2021-11-29/
What is next for Monetary Policies - Canada - September 2022.pptx
Blog – What is next for Monetary Policies – Canada – September 2022
Canada has struggled with productivity issues for over 20 years. The liberals have done little address productivity including making changes to tax code related to capital cost allowance, R&D credits, training credits, etc.
Canada lock down strategy and stimulus has led to higher inflation. Liberals never had a plan to pull back on the stimulus through targeted measures that would better support improving supply chain, productivity, skills gap, and innovation
Canadian dollar has hit a two-year low,
Canada housing market was artificially kept high for years. The housing prices continue to fall.
Canada needs to revamp its tax and regulatory policies as part of getting goods out of the ground to market
What is next for the Global Economy| January 28, 2022
The document is a presentation by Paul Young CPA CGA on the topic of what is happening with the stock market. Some key points from the presentation include:
- Paul Young's background and credentials in various finance and business fields.
- The agenda covers topics like the stock markets in Canada, the US, and other countries. It also discusses corporate reporting challenges, automation, geopolitical risks, and economic scorecards.
- Sections provide summaries of stock market performance in places like the US, Canada, Australia, Asia, the Middle East, and South America. It also addresses topics such as inflation, auditing, and monetary policies.
- Charts, graphs, and links to additional resources
Wages and Job Vacancies - Canada - June 2022.pptx
Blog – Wages and Job Vacancies – Canada – July 2022
Nearly 50% of the job vacancies pay less than the average wage
Housing and rent costs are becoming a big problem for Canadians
Not enough is being done to address issues with the skill trades
Healthcare continues to face many challenges including addressing labor shortages
Liberals continue to push policies that are more long-term focus instead of addressing how to reduce EMEA dependency on Russian Oil and Natural Gas - https://www.slideshare.net/paulyoungcga/what-is-next-for-canadas-mining-forestry-energy-and-agricultural-sectorspptx
All levels of government and the private sector need to work together to build a resilient supply chain in Canada - https://www.slideshare.net/paulyoungcga/how-best-to-build-a-reslient-supply-chainpptx
Wages and Job Vacancies - Canada - August 2022.pptx
Wage growth to slow down in 2023
Potential recession in 2023
High inflation will continue to be a focus by central banks
More emphasis needs to be on closing the skill gap
Capital investment required to address issues with intermodal, ports, rail, and trucking capacity
Government needs to embrace business automation including moving to a digital model
Job Quality and Job Vacancies - Canada - December 2021
Summary:
856K job vacancies
50% of the job vacancies pay less than the average wage
More and more organizations continue to invest in business automation
1. Wages https://betterdwelling.com/canadian-job-vacancies-are-rising-but-wages-arent-budging/
2. Top careers - https://www.entrepreneur.com/article/414839
3. Business Students - https://goodmenproject.com/business-ethics-2/top-career-trends-for-business-students-in-2022-and-beyond/
4. Housing costs and Wages http://blog.oxfordeconomics.com/content/us-and-canada-housing-affordability-edged-down-in-q3
5. Household debt - https://www.mpamag.com/ca/news/general/cibcs-tal-on-how-fast-interest-rates-might-rise/326675
6. Income inequality - https://www.ictsd.org/how-to-reduce-income-inequality-in-canada/
7. Automation - https://www.forbes.com/sites/forbescoachescouncil/2022/02/24/10-ways-automation-might-affect-job-markets-in-the-near-future/?sh=2dffbc76302a and https://www.digitaljournal.com/pr/top-5-business-automation-trends-in-2022
8. Skill trades - https://www.northernontariobusiness.com/press-release/rescon-calling-on-federal-government-to-allow-more-skilled-trades-into-canada-5092355
9. Public sector - https://www2.deloitte.com/us/en/pages/public-sector/articles/future-of-public-service.html
10. Mining - https://www.mining.com/in-charts-copper-project-pantry-bare-from-2025/
11. Oil and Gas - https://www.cnbc.com/2022/02/24/biden-administration-pausing-new-oil-and-gas-leases-amid-legal-battle-.html
12. https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/manufacturing-industry-outlook.html
Employment| Canada | July 2020
Canada gain 418K net new jobs over the previous month. Canada still has on average recovered about 93% of the jobs since February 2020. Many jobs likely are not coming back
Public Sector| Canada
Blog – Public Sector – Fiscal Performance – Canada
Ontario Finances
Next week’s Ontario budget is a critical one for the Ford government. It will have to balance another six months of COVID costs with a plan to transition government finances back to pre-pandemic normality. Any difficult spending decisions should be included in this budget, because the 2022 one will be all about winning re-election.
Source - https://nationalpost.com/opinion/randall-denley-upcoming-ontario-budget-is-bound-to-agitate-both-pc-supporters-and-the-public-sector
Canada has one highest debt loads for a developed country –
That theory has its doubters, starting with the Bank of Canada, which has previously said it isn’t counting on the built-up savings to be unleashed quickly. Canadians may instead hang onto the money or use it to pay down their own sizable debts, the bank says. That wouldn’t be a trivial outcome, either.
Frances Donald, global chief economist and head of macro strategy at Manulife Investment Management, said it’s misleading to use short-term economic data to measure the effectiveness of fiscal stimulus.
https://www.bnnbloomberg.ca/trudeau-s-debt-binge-shows-limits-in-canada-s-sharp-contraction-1.1571174
@JustinTrudeau took $1B surpluses to a deficit within a few months of taking office. Trudeau's growth has been the worse of any PM since the great depression.
2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020
Fitch downgrade - https://www.bnnbloomberg.ca/economics/video/fitch-s-downgrade-a-blow-but-better-than-negative-outlook-former-pbo~1983621
Competitiveness - https://tradingeconomics.com/canada/competitiveness-rank
Provinces are asking more for healthcare - https://www.newswire.ca/news-releases/premiers-release-report-confirming-the-federal-government-s-financial-ability-to-increase-the-canada-health-transfer-805210659.html
Wages and Job Vacancies (Job Quality) - Canada - May 2022 and June 2022.pptx
Summary:
The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours (SEPH) as payroll employment—decreased by 26,100 (-0.1%) in May, the first decline since May 2021. Ontario (-30,000; -0.4%) and Manitoba (-2,500; -0.4%) recorded the largest payroll employment losses, while British Columbia (+7,000; +0.3%) was the lone province to record an increase.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/220728/dq220728a-eng.htm
What is up with Stock Marklet| February 18. 2022
Summary:
The Dow Jones Industrial Average DJIA-0.68% fell 233 points or 0.7%, while the S&P 500 SPX-0.72% dropped 0.7%. The Nasdaq Composite COMP-1.23% declined 1.2%. All three indexes had flickered between up and down earlier in the morning.
Source - https://www.barrons.com/articles/stock-market-today-51645180112
Wages and Job Vacancies - Canada - July 2022.pptx
Blog – Job Vacancies and Job Quality – Canada – July 2022
46% of the job vacancies pay less than the average wage
EI and other training funds need to be used as part of moving people to new careers in demand
Goods-producing sector continues to face major regulatory hurdles as part of getting their goods out of the ground to market.
Housing costs continue to eat up a large chunk of household budgets
Liberals continue to throw gasoline on the inflation fire.
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptx
Blog – How is Canada’s Economy performing for February 2022 and January 2022
Here is my latest report on the health of Canadian economy. Chrystia Freeland continues to say the fundamentals are strong. If Ms. Freeland is referring to debt driven economy, then she is right. There are many challenges facing the Canadian economy:
a) Low productivity
b) Inability to develop natural resources in a sustainable way
c) The new climate change policies that are more about optics than sound policies
d) Food and energy crisis
e) High inflation
f) High household debt
g) Skills gaps and more business automation
h) Issues with attracting FDI
i) Lack of innovation investment within Canada
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...
Summary:
Nearly 50% of the job vacancies are with jobs that pay less than the average wage.
Jobs in areas like manufacturing, mining, real estate, IT, professional services require years of education and certification.
Liberals continue to bring in policies that does little to develop both the natural resources sector and the advance manufacturing sector.
What is up with the Stock Market for WE - May 5 2023.pptx
The document provides an overview of the stock market and global economic conditions. It discusses concerns over housing debt and affordable housing dragging down markets. It also mentions worries about access to critical metals for green energy and ongoing supply chain disruptions plaguing global trade. High inflation continues to challenge central banks as the threat of recession rises. An extended bear market could potentially cause issues with pension solvency. The presentation examines stock market and economic indicators from various countries worldwide.
Similar to Fiscal and Economic Scorecard - Canada - January 2023 and December 2022.pptx (20)
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Fiscal Management| Canada| Analysis and Commentary| October 18, 2020
Fiscal Management| Canada| Analysis and Commentary| October 18, 2020
Employment and Labor Market - Canada - May 2022.pptx
Employment and Labor Market - Canada - May 2022.pptx
What is up with the Stock Market for WE - April 8 2023.pptx
What is up with the Stock Market for WE - April 8 2023.pptx
Wages and Job Vacancies (Job Quality) - Canada - April 2022 and March 2022.pptx
Wages and Job Vacancies (Job Quality) - Canada - April 2022 and March 2022.pptx
Fiscal and Economic Scorecard - Canada - May 2022 and June 2022.pptx
Fiscal and Economic Scorecard - Canada - May 2022 and June 2022.pptx
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021
What is next for Monetary Policies - Canada - September 2022.pptx
What is next for Monetary Policies - Canada - September 2022.pptx
What is next for the Global Economy| January 28, 2022
What is next for the Global Economy| January 28, 2022
Wages and Job Vacancies - Canada - August 2022.pptx
Wages and Job Vacancies - Canada - August 2022.pptx
Job Quality and Job Vacancies - Canada - December 2021
Job Quality and Job Vacancies - Canada - December 2021
Wages and Job Vacancies (Job Quality) - Canada - May 2022 and June 2022.pptx
Wages and Job Vacancies (Job Quality) - Canada - May 2022 and June 2022.pptx
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptx
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptx
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...
What is up with the Stock Market for WE - May 5 2023.pptx
What is up with the Stock Market for WE - May 5 2023.pptx
More from paul young cpa, cga
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
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.pptx
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.pptx
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
What is next for the Mining Sector.pptx
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/
Manufacturing Sector – United States – August 2023.pptx
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.pptx
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.
Manufacturing Sector – Canada – September 2023.pptx
- 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.pptx
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 ...
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 - ...
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...
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.
What is next for Agriculture Sector - August 2023.pptx
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 ...
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.pptx
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.pptx
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.pptx
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.pptx
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 ...
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.
World Merchandise Trade – September 2023.pptx
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.pptx
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
More from paul young cpa, cga (20)
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Addressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptx
Global Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptx
Manufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Manufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptx
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...
What is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptx
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Better Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptx
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
Recently uploaded
Ending stagnation: How to boost prosperity across Scotland
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
How to Use Payment Vouchers in Odoo 18.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
How will new technology fields affect economic trade?
快速办理(美国Fordham毕业证书)福德汉姆大学毕业证学历证书一模一样
学校原件一模一样【微信：741003700 】《(美国Fordham毕业证书)福德汉姆大学毕业证学历证书》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
International Sustainability Standards Board
Issb standards
New standard for reporting sustainability on lines of tcfd
Enhancing Asset Quality: Strategies for Financial Institutions
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
RMIT University degree offer diploma Transcript
澳洲RMIT毕业证书制作RMIT假文凭定制Q微168899991做RMIT留信网教留服认证海牙认证改RMIT成绩单GPA做RMIT假学位证假文凭高仿毕业证申请墨尔本皇家理工大学RMIT University degree offer diploma Transcript
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
原版一模一样【微信：741003700 】【美国迈阿密大学牛津分校毕业证文凭证书】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsLabour Market Information Council | Conseil de l’information sur le marché du travail
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.Detailed power point presentation on compound interest and how it is calculated
Detailed information about compund interest
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
学校原件一模一样【微信：741003700 】《(SMU毕业证书)南卫理公会大学毕业证》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Machine Learning in Business - A power point presentation.pptx
Power point presentation on machine learning.
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Labour Market Information Council | Conseil de l’information sur le marché du travail
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.Discover the Future of Dogecoin with Our Comprehensive Guidance
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
学校原件一模一样【微信：741003700 】《(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
学校原件一模一样【微信：741003700 】《(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Fabular Frames and the Four Ratio Problem
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.
Recently uploaded (20)
Ending stagnation: How to boost prosperity across Scotland
Ending stagnation: How to boost prosperity across Scotland
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
Enhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial Institutions
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
Machine Learning in Business - A power point presentation.pptx
Machine Learning in Business - A power point presentation.pptx
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Discover the Future of Dogecoin with Our Comprehensive Guidance
Discover the Future of Dogecoin with Our Comprehensive Guidance
Upanishads summary with explanations of each upnishad
Upanishads summary with explanations of each upnishad
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
Fiscal and Economic Scorecard - Canada - January 2023 and December 2022.pptx
- 1. Fiscal and Economic Scorecard – Canada – January 2023 and December 2022 Paul Young CPA CGA February 28, 2023
- 2. Paul Young - Bio • CPA, CGA (1996) • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Customer Success Management • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management • SME – Data, AI, Security, and Platform • SME – Internal Controls and Auditing Contact information email: paul.young@ca.ibm.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
- 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
- 15. Power Generation / Key Country – Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics
- 16. Fiscal Management – 2022/2023 Source – Government of Canada - Summary Canada projected a 12B deficit for FY 2023. The current surplus of $5B is primarily to do with higher revenue and lower expenses being paid out. The economy is about hit major headway as such taxes should start to drop over the next 5-6 months. Government expenses will likely grow over the next few months.
- 17. Bank of Canada / Monetary Policies
- 18. 18 Commodities
- 19. 19 Job Vacancies Source – CIBC and Stats Canada
- 20. 20 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
- 21. 21 Summary • Canada like many countries around the world continues to face many challenges Blog – Fiscal and Economic Scorecard for Canada – January 2023 and December 2022 20232802_GDP_Can ada.pdf GDP income and expenditure.pdf Canada GDP continues to face many challenges - https://www.fxstreet.com/news/canadian-gdp- preview-forecasts-from-six-major-banks-economy-cooling-but-not-stalling-202302271514 Canada needs to do more to make itself key FDI in areas like clean technology, forestry, advance manufacturing, oil and gas, agriculture, and mining - https://www.marketscreener.com/quote/stock/BANK-OF-MONTREAL-1409224/news/BMO-Notes- Canada-s-Current-Account-Deficit-Worsens-in-Q4-Sees-Deficit-Staying-Manageable-in-Next-43099398/ Canada needs to address issues with low productivity and lack of innovation spending – https://researchmoneyinc.com/article/new-innovation-agency-s-success-hinges-on-its-private-sector- leadership-experts-say or More needs to be done to address the government delivery model and tax fairness as part of the fiscal management cycle - https://macdonaldlaurier.ca/size-of-government-in-canada/ AI and Supply Chain - https://www.thestar.com/business/opinion/2023/02/28/artificial-intelligence- could-provide-a-solution-to-canadas-supply-chain-troubles.html Canada needs to do more to promote is oil and gas sector as part of the overall climate change agenda - https://calgaryherald.com/opinion/columnists/varcoe-oil-prices-allows-alberta-to-cut-debt-spending GDP - https://www.slideshare.net/secret/hRDGcABrTjcxtW Canada Prime Rate History (1935 - February 2023) WOWA.ca.pdf Globe editorial The big banks’ dependence on housing undermines Canada’s prosperity - The Globe and Mail.pdf How Canada's grocery oligopoly dulled competition, fuelled inflation Financial Post.pdf Diane Francis Corporate Canada gets good grades for exiting Russia.pdf BMO Notes Canada's Current Account Deficit Worsens in Q4; Sees Deficit Staying Manageable in Next Quarters MarketScreener.pdf Biden’s ‘Buy American’ measures require Canada to improve competitiveness iPolitics.pdf Corporate ESG reporting and assurance increase, but inconsistencies remain Accounting Today.pdf Propose Federal Rent Control Blacklock's Reporter - Governance.pdf Canadian GDP Preview Forecasts from six major banks, economy cooling, but not stalling.pdf Research Money Inc..pdf Size of government in Canada Macdonald-Laurier Institute.pdf AI could provide solution to Canada’s supply chain troubles The Star.pdf
Editor's Notes
- Source - Stats Canada, BMO, RBC, CIBC, TD Economics, Derosiers Automotive, World Steel, Association of AG Equipment, IES, US Govt, The Trucker and BNS, https://insideevs.com/news/343998/monthly-plug-in-ev-sales-scorecard/, Table: 25-10-0058-01 (formerly CANSIM 129-0006)
- Source - Stats Canada, BMO, RBC, CIBC, TD Economics, Derosiers Automotive, World Steel, Association of AG Equipment, IES, US Govt, The Trucker and BNS, https://insideevs.com/news/343998/monthly-plug-in-ev-sales-scorecard/, Table: 25-10-0058-01 (formerly CANSIM 129-0006)
- Source - Stats Canada, BMO, RBC, CIBC, TD Economics, Derosiers Automotive, World Steel, Association of AG Equipment, IES, US Govt, The Trucker and BNS, https://insideevs.com/news/343998/monthly-plug-in-ev-sales-scorecard/, Table: 25-10-0058-01 (formerly CANSIM 129-0006)
- Source – Stats Canada
- Source - https://www150.statcan.gc.ca/n1/daily-quotidien/221005/dq221005a-eng.htm
- https://www.slideshare.net/paulyoungcga/what-is-next-for-canadas-mining-forestry-energy-and-agricultural-sectorspptx