Forests play a key role in the earth's climate as such it is very important for countries around the world to develop sustainable forestry management practices.
The document discusses issues facing the global forestry sector, including commodity prices, the global housing market outlook, housing starts, merchandise trade, wages, employment, challenges like the softwood lumber dispute and carbon taxes, and actions of governments like Canada. It notes the key role of forests and deforestation. Suggestions are made that governments need integrated forestry strategies, WTO reforms, to stop looking for new taxes and support natural resources, focus on port expansion, and re-examine forest management practices to mitigate wildfires.
The document discusses issues facing the global forestry sector, including commodity prices, the global housing market outlook, housing starts, merchandise trade, wages, employment, protectionist policies, carbon taxes, regulations, forest fires, and deforestation. It analyzes these issues from sources on the forestry sectors in Canada, the US, Siberia, and other regions. The document calls for governments to improve forest management practices, streamline regulations, reduce protectionism, and support infrastructure to help the forestry sector adapt to challenges.
The world depends on its forest as part of managing the CO2 as part of the overall environment. This presentation looks at different angles when it comes to managing the forests.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
Forest Management world-wide crisis
The document discusses issues facing the global forestry sector. It notes that Canada's forestry sector faces protectionist policies and the federal government under Justin Trudeau has done little to support it. The document outlines topics like commodity prices, the global housing market outlook, housing starts, wages in the forestry sector, employment, protectionism, carbon taxes, regulations, technology advances, and deforestation. It calls for integrated government strategies and reforms to support the sustainable management of forests.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
The document discusses issues facing the global forestry sector, including commodity prices, the global housing market outlook, housing starts, merchandise trade, wages, employment, challenges like the softwood lumber dispute and carbon taxes, and actions of governments like Canada. It notes the key role of forests and deforestation. Suggestions are made that governments need integrated forestry strategies, WTO reforms, to stop looking for new taxes and support natural resources, focus on port expansion, and re-examine forest management practices to mitigate wildfires.
The document discusses issues facing the global forestry sector, including commodity prices, the global housing market outlook, housing starts, merchandise trade, wages, employment, protectionist policies, carbon taxes, regulations, forest fires, and deforestation. It analyzes these issues from sources on the forestry sectors in Canada, the US, Siberia, and other regions. The document calls for governments to improve forest management practices, streamline regulations, reduce protectionism, and support infrastructure to help the forestry sector adapt to challenges.
The world depends on its forest as part of managing the CO2 as part of the overall environment. This presentation looks at different angles when it comes to managing the forests.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
Forest Management world-wide crisis
The document discusses issues facing the global forestry sector. It notes that Canada's forestry sector faces protectionist policies and the federal government under Justin Trudeau has done little to support it. The document outlines topics like commodity prices, the global housing market outlook, housing starts, wages in the forestry sector, employment, protectionism, carbon taxes, regulations, technology advances, and deforestation. It calls for integrated government strategies and reforms to support the sustainable management of forests.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
Summary:
Lumber production in Canada is still down 10% since Sept/19 and about 25% since Oct/15
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 20218. It is now 2022 which means close 2M seedlings have been planted.
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
Canada| Natural Resources| Forestry Sector| June 2020| What's Nextpaul young cpa, cga
Here is a deep dive into issues facing the forestry sector in Canada as well as around the world. The presentation includes solutions as part of better forestry management practices.
Housing Market - Affordability and Costing - Canada - September 2019paul young cpa, cga
This document provides an overview of strategies to make housing more affordable in Canada. It discusses how housing affordability has declined across markets like Toronto and Vancouver. Issues include high real estate prices, a lack of housing supply, and systemic problems. Potential solutions explored are increasing housing starts, using 3D printing for construction, implementing retrofitting programs, and reviewing taxes on principal residences. The document suggests all levels of government need to address this complex issue through coordinated long-term policies rather than quick fixes.
This document summarizes key issues facing Canada's forestry sector. It discusses declining commodity prices, a slowing global housing market, falling employment in the sector, and challenges like the softwood lumber dispute and high production costs. While technology is modernizing forestry operations, the federal government under Justin Trudeau has done little to support the industry according to the document. It calls for the next government to implement an integrated strategy with tax and regulatory reforms to improve competitiveness for the struggling sector.
2019 Election| Natural Resources| Forestry Sector| Canada| July 2019paul young cpa, cga
This document provides an overview of issues facing Canada's forestry sector leading up to the 2019 federal election. It discusses commodity prices, the global housing market outlook, housing starts, trade issues, employment levels, challenges like protectionism and high costs, and the need for government support. New technologies are transforming the industry but it still faces challenges without a unified strategy from all levels of government to streamline regulations and reduce taxes and fees affecting competitiveness. The next government must address these issues to better support the forestry sector.
Affordable Housing and Homelessness - Canada and the World paul young cpa, cga
Average house across Canada is now over 700K. Affordable housing continues be a top issue facing Canadians.
https://economics.bmo.com/en/publications/detail/0815533e-685e-45ac-a5ba-962dc92d5359/
1. Housing affordability – https://canada.constructconnect.com/dcn/news/projects/2021/11/no-magic-bullet-to-solve-canadas-housing-affordability-crisis-panel
2. Affordability - https://theconversation.com/why-building-more-homes-wont-solve-the-affordable-housing-problem-for-the-millions-of-people-who-need-it-most-171100
3. Income and housing - https://www.morganstanley.com/ideas/thoughts-on-the-market-us-housing
4. Heating costs - https://www.lewistownsentinel.com/opinion/editorials/2021/11/are-you-prepared-for-the-rising-cost-of-heating-your-home-this-winter/
5. Condo fees - https://toronto.ctvnews.ca/sudden-113-per-cent-spike-in-toronto-condo-fees-sparks-nasty-dispute-and-threats-1.5655442
6. Property tax - https://windsor.ctvnews.ca/city-of-windsor-tops-property-tax-list-1.5668657
7. Housing - https://www.canadianrealestatemagazine.ca/expert-advice/canadian-average-home-prices-by-city-compared-334894.aspx
8. 3D printing - https://www.woodworkingnetwork.com/closets/housing-market-boosted-3d-printing
9. Future Cities
10. Hamilton - https://globalnews.ca/news/8335432/hamilton-least-affordable-housing-q2-2021/
Affordable Housing and Homelessness - Canada and the Worldpaul young cpa, cga
Summary:
Average housing price in Canada is close to 800K.
Mortgage debt continues to increase at a faster pace than inflation
People continue to invest into their homes - https://www.furnituretoday.com/research-and-analysis/houzz-report-gives-outlook-on-q1-2022-home-renovation-design/
Construction prices continue to rise - https://ontarioconstructionnews.com/construction-industry-facing-perfect-storm-of-rising-costs-altus-group/
1. Housing affordability - https://www.mondaq.com/canada/real-estate/1161462/ontario39s-housing-affordability-task-force-urges-major-reforms-to-approvals-process-for-residential-development
2. Construction costs - https://www.marketwatch.com/investing/index/djuscn?countrycode=xx
3. Household debt - https://www.creditcanada.com/blog/state-of-canadian-household-debt
4. Housing bubble - https://survivingtomorrow.org/canadas-real-estate-market-is-a-giant-pyramid-scheme-832ea0364c68
5. Urban - https://building.ca/rural-population-growth-concentrated-near-urban-centres/
6. Housing innovation - https://www.archdaily.com/963686/the-same-technology-that-will-allow-us-to-address-housing-challenges-on-earth-will-allow-us-to-venture-off-to-space-interview-with-jason-ballard-of-icon
7. Property tax - https://blackburnnews.com/midwestern-ontario/midwestern-ontario-news/2022/02/15/owen-sound-residents-face-tax-increase/
8. Mortgage - https://www.bloombergquint.com/onweb/canadians-pile-into-mortgage-debt-at-fastest-pace-in-a-decade
9. Millennials - https://fortune.com/2022/02/09/millennials-feel-screwed-housing-market-majority-have-major-regrets/
10. Insurance - https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/
Revised Housing and Homelessness for Canada and the World paul young cpa, cga
Summary:
Home prices have surged worldwide due to fiscal stimulus and monetary easing to help counter the economic fallout from rising COVID-19 cases. But the outlook for housing markets is now murky as the U.S. Federal Reserve and other central banks lean toward tightening policies to combat higher inflation.
Source - https://asia.nikkei.com/Spotlight/Datawatch/World-s-red-hot-housing-markets-brace-for-interest-rate-hikes
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
The document discusses ways in which the Liberal government led by Justin Trudeau has failed to be open and transparent as promised. It provides examples of access to information failures, changes to fiscal reporting that reduced transparency, and ethics violations by the Prime Minister and Finance Minister. The document also argues the government has lacked transparency regarding the SNC-Lavalin scandal and restricted investigations into it.
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada is working on year 7 of Justin Trudeau tenure. Trudeau has done little to address productivity, high inflation, deficits, slow GDP growth, attracting FDI to key sectors of the economy, and fixing a broken crisis management system for all depts. And agencies.
Trudeau refuses to acknowledge the role his carbon tax and excessive regulations when it comes to inflation and getting goods out of the ground to market.
1. Liberals’ deficits - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
2. Economic policies - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
3. Food - https://www.tbnewswatch.com/local-news/rising-food-costs-will-hit-regions-most-vulnerable-food-strategy-warns-5012868
4. Vacant home tax - https://globalnews.ca/news/8590141/hamilton-provincial-approval-vacant-home-tax/
5. Housing - https://www.kenoraonline.com/articles/feds-must-take-action-with-first-nation-housing-crisis
6. Carbon tax - https://pipelineonline.ca/david-yager-will-the-liberals-really-raise-carbon-taxes-april-1/#/?playlistId=0&videoId=0
7. Lumber - https://www.mpamag.com/ca/news/general/canada-lumber-prices-massive-update/324199
8. Trucking - https://driving.ca/auto-news/local-content/trucking-alliance-calls-for-help-filling-23000-vacant-driver-positions
9. Supply chain - https://canadiangrocer.com/supply-chain-disruptions-help-way
10. Internet bill - https://nationalpost.com/news/politics/liberals-to-introduce-bill-forcing-digital-giants-share-revenue-with-canadian-news-publishers-in-coming-days
Summary:
Inflation continues to be an issue for many Canadians.
Green inflation continues to key part of the rise of inflation
More and more people are being left out of the housing market
1. Average House – https://globalnews.ca/news/8516543/canada-home-sales-record-crea/
2. Lumber prices - https://fortune.com/2022/01/12/lumber-prices-skyrocket-again-weather-sawmill-production-supply-chain/
3. Gasoline – https://www.marketscreener.com/quote/commodity/WTI-2355639/news/Front-Month-Nymex-RBOB-Gasoline-Rose-0-53-to-Settle-at-2-4318-Data-Talk-37578932/
4. Food - https://www.bloomberg.com/opinion/articles/2022-01-16/soaring-food-prices-can-pay-for-a-more-secure-future
5. Top jobs - https://www.ctvnews.ca/canada/these-are-the-most-in-demand-skills-for-canadian-job-seekers-1.5741586 and https://dailyhive.com/vancouver/in-demand-highest-paying-jobscanada-2022
6. Home building - https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html
7. Education - https://www.kenoshanews.com/opinion/columnists/commentary-college-students-aren-t-getting-the-education-they-paid-for-where-s-the-reimbursement/article_66dd9f71-8aa3-56d4-8dc0-45de2fc67e4e.html
8. Rent costs - https://rentals.ca/national-rent-report
9. Shipping - https://rentals.ca/national-rent-report
10. Green Inflation - https://globalnews.ca/news/8508541/canada-green-transition-inflation/
11. Natural gas prices - https://www.naturalgasintel.com/february-natural-gas-called-slightly-higher-as-forecast-outlook-steady-over-weekend/
12. EV range - https://insideevs.com/news/561634/us-median-range-gasoline-bevs/
13. Existing home sales - https://economics.td.com/ca-existing-home-sales
14. Businesses and Inflation - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-businesses-predicting-higher-inflation-through-2023-boc-survey/
1. Poverty has been declining for years - https://hamiltonpoverty.ca/preview/facts-about-poverty/
2. Halifax and affordable housing - https://www.cbc.ca/news/canada/nova-scotia/protest-halifax-cmhc-banc-joseph-howe-1.6161313
3. High price of housing in Hamilton - https://www.judymarsales.com/news/blog/hamilton-real-estate-market-conditions.aspx
4. Townhomes - https://www.theglobeandmail.com/real-estate/article-with-demand-high-builders-tweak-the-traditional-townhouse/
5. How to fix housing - https://www.bnnbloomberg.ca/here-are-5-ways-the-feds-could-fix-canada-s-housing-crisis-1.1648933
6. Commission - https://betterdwelling.com/canadian-real-estate-agents-are-discreetly-pushing-buyers-to-high-commission-listings/
7. Millennials - https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-no-one-is-saying-boomers-didnt-work-hard/
8. https://www.fool.ca/2021/09/05/canadas-housing-crisis-in-3-shocking-numbers/ - Population did not match the availability of housing
9. Rural areas - https://www.mcgill.ca/channels/channels/news/expert-involvement-rural-communities-crucial-canadas-recovery-333437
10. Housing Costs - https://www.nerdwallet.com/ca/mortgages/how-much-does-it-cost-to-build-a-house
11. Urban areas - https://www.blogto.com/real-estate-toronto/2021/09/small-ontario-city-home-prices-exploding/
12. Innovation - https://www.newswise.com/articles/ten-innovations-to-address-america-s-housing-affordability-crisis
13. Solutions - https://ssir.org/articles/entry/innovative_solutions_for_the_housing_crisis
14. 3D printing - https://all3dp.com/2/2019-best-companies-building-3d-printed-houses/
15. 3D Printing - https://constructionglobal.com/technology-and-ai/75-millennials-would-consider-3d-printed-homes
16. Zoning rules - https://www.reuters.com/legal/legalindustry/zoning-rules-create-affordability-economic-benefits-2021-08-27/
17. 3D printing - https://vancouversun.com/moneywise-pro/could-3d-printed-homes-solve-canadas-housing-supply-problem
How to address systemic issues with Affordabiity and Availability of Housing paul young cpa, cga
Summary:
The value of mortgages in Canada have hit an all-time high.
The cost of construction materials has seen double digit growth.
Local government need to adopt innovation like 3D printing for housing.
Lumber costs have grown by 40% in two months.
1. Household debt - Households added $16.3 billion in mortgage debt in the month of November, representing a rise of 0.8% from October. Compared with November 2020, mortgage debt was up 10.4%, while over the same period, residential construction investment rose 11.8%. Nationally, new home prices increased by 0.8% in November, continuing the string of monthly increases since May 2020. While the volume of existing home sales were lower in November on an unadjusted basis, the average sale price remained well above the $700,000 mark. - https://www150.statcan.gc.ca/n1/daily-quotidien/220119/dq220119d-eng.htm
2. Lumber and Climate change - https://www.msn.com/en-us/money/markets/lumber-prices-are-off-the-rails-again-blame-climate-change/ar-AASVQOr
3. Housing bubble - https://www.thestreet.com/investing/will-the-us-housing-market-crash-in-2022
4. Mortgage debt - https://betterdwelling.com/canadian-mortgage-debt-has-hit-a-new-all-time-high-for-261-consecutive-months/
5. Construction materials - https://canada.constructconnect.com/canadata/forecaster/economic/2022/01/double-digit-percentage-cost-increases-for-construction-materials-persist
6. Labor - https://ontarioconstructionnews.com/immigration-reform-needed-to-bring-more-construction-workers-into-ontario/
7. Better urban planning around water, land, forest management is key to mitigating issues with climate change - https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-250803941
8. Changing municipal building codes to support modular and 3D housing - https://www.foxbusiness.com/technology/3d-printed-houses-cost-less-take-less-time-to-build-alquist-3d-ceo
9. Better tax and economic policies that support startup as part of encouraging businesses to move out of large urban areas to smaller and rural areas - https://finance.yahoo.com/news/hundreds-small-businesses-creators-form-160000558.html
10. Better management of water systems - https://www.aquascience.net/
11. Urban solutions related to electricity needs by businesses and residential customers - https://microgridknowledge.com/fixing-the-grid-not-enough-microgrid/
12. Fixing issues with the public sector - https://www.slideshare.net/paulyoungcga/transformation-of-the-public-sector-in-canada
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
This document provides a summary of the cost of living in Canada as of October 2021. It includes statistics and data on topics like the consumer price index, housing price index, household debt, carbon taxation, average wages, lumber and natural gas prices. The author is a CPA and subject matter expert who provides contact information. They analyze how various policies have impacted affordability and what further actions could be taken to address issues like housing affordability, skills gaps, competitiveness and supporting different economic sectors.
What is next for the Forestry Sector - February 2022.pptxpaul young cpa, cga
Lumber prices continue to impact cost of housing
More needs to be done to mitigate the threats from forest fires
Canada continues to be a world leader in sustainable forest practices - https://www.todayville.com/12-facts-showing-canada-world-class-forestry-sector/
What is next for Lumber Production and Forestry Management - May 2022.pptxpaul young cpa, cga
Blog – Forestry Management and Lumber Production – Canada – May 2022
Canada lumber production was up 7% in May 2022 from April 2022
Businesses along with provincial governments continue to be upset with the handling of the softwood lumber disputes
The Trudeau plan of 2B trees continues to face many challenges
Private sector continues to plant trees
Summary:
Lumber production in Canada is still down 10% since Sept/19 and about 25% since Oct/15
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 20218. It is now 2022 which means close 2M seedlings have been planted.
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
Canada| Natural Resources| Forestry Sector| June 2020| What's Nextpaul young cpa, cga
Here is a deep dive into issues facing the forestry sector in Canada as well as around the world. The presentation includes solutions as part of better forestry management practices.
Housing Market - Affordability and Costing - Canada - September 2019paul young cpa, cga
This document provides an overview of strategies to make housing more affordable in Canada. It discusses how housing affordability has declined across markets like Toronto and Vancouver. Issues include high real estate prices, a lack of housing supply, and systemic problems. Potential solutions explored are increasing housing starts, using 3D printing for construction, implementing retrofitting programs, and reviewing taxes on principal residences. The document suggests all levels of government need to address this complex issue through coordinated long-term policies rather than quick fixes.
This document summarizes key issues facing Canada's forestry sector. It discusses declining commodity prices, a slowing global housing market, falling employment in the sector, and challenges like the softwood lumber dispute and high production costs. While technology is modernizing forestry operations, the federal government under Justin Trudeau has done little to support the industry according to the document. It calls for the next government to implement an integrated strategy with tax and regulatory reforms to improve competitiveness for the struggling sector.
2019 Election| Natural Resources| Forestry Sector| Canada| July 2019paul young cpa, cga
This document provides an overview of issues facing Canada's forestry sector leading up to the 2019 federal election. It discusses commodity prices, the global housing market outlook, housing starts, trade issues, employment levels, challenges like protectionism and high costs, and the need for government support. New technologies are transforming the industry but it still faces challenges without a unified strategy from all levels of government to streamline regulations and reduce taxes and fees affecting competitiveness. The next government must address these issues to better support the forestry sector.
Affordable Housing and Homelessness - Canada and the World paul young cpa, cga
Average house across Canada is now over 700K. Affordable housing continues be a top issue facing Canadians.
https://economics.bmo.com/en/publications/detail/0815533e-685e-45ac-a5ba-962dc92d5359/
1. Housing affordability – https://canada.constructconnect.com/dcn/news/projects/2021/11/no-magic-bullet-to-solve-canadas-housing-affordability-crisis-panel
2. Affordability - https://theconversation.com/why-building-more-homes-wont-solve-the-affordable-housing-problem-for-the-millions-of-people-who-need-it-most-171100
3. Income and housing - https://www.morganstanley.com/ideas/thoughts-on-the-market-us-housing
4. Heating costs - https://www.lewistownsentinel.com/opinion/editorials/2021/11/are-you-prepared-for-the-rising-cost-of-heating-your-home-this-winter/
5. Condo fees - https://toronto.ctvnews.ca/sudden-113-per-cent-spike-in-toronto-condo-fees-sparks-nasty-dispute-and-threats-1.5655442
6. Property tax - https://windsor.ctvnews.ca/city-of-windsor-tops-property-tax-list-1.5668657
7. Housing - https://www.canadianrealestatemagazine.ca/expert-advice/canadian-average-home-prices-by-city-compared-334894.aspx
8. 3D printing - https://www.woodworkingnetwork.com/closets/housing-market-boosted-3d-printing
9. Future Cities
10. Hamilton - https://globalnews.ca/news/8335432/hamilton-least-affordable-housing-q2-2021/
Affordable Housing and Homelessness - Canada and the Worldpaul young cpa, cga
Summary:
Average housing price in Canada is close to 800K.
Mortgage debt continues to increase at a faster pace than inflation
People continue to invest into their homes - https://www.furnituretoday.com/research-and-analysis/houzz-report-gives-outlook-on-q1-2022-home-renovation-design/
Construction prices continue to rise - https://ontarioconstructionnews.com/construction-industry-facing-perfect-storm-of-rising-costs-altus-group/
1. Housing affordability - https://www.mondaq.com/canada/real-estate/1161462/ontario39s-housing-affordability-task-force-urges-major-reforms-to-approvals-process-for-residential-development
2. Construction costs - https://www.marketwatch.com/investing/index/djuscn?countrycode=xx
3. Household debt - https://www.creditcanada.com/blog/state-of-canadian-household-debt
4. Housing bubble - https://survivingtomorrow.org/canadas-real-estate-market-is-a-giant-pyramid-scheme-832ea0364c68
5. Urban - https://building.ca/rural-population-growth-concentrated-near-urban-centres/
6. Housing innovation - https://www.archdaily.com/963686/the-same-technology-that-will-allow-us-to-address-housing-challenges-on-earth-will-allow-us-to-venture-off-to-space-interview-with-jason-ballard-of-icon
7. Property tax - https://blackburnnews.com/midwestern-ontario/midwestern-ontario-news/2022/02/15/owen-sound-residents-face-tax-increase/
8. Mortgage - https://www.bloombergquint.com/onweb/canadians-pile-into-mortgage-debt-at-fastest-pace-in-a-decade
9. Millennials - https://fortune.com/2022/02/09/millennials-feel-screwed-housing-market-majority-have-major-regrets/
10. Insurance - https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/
Revised Housing and Homelessness for Canada and the World paul young cpa, cga
Summary:
Home prices have surged worldwide due to fiscal stimulus and monetary easing to help counter the economic fallout from rising COVID-19 cases. But the outlook for housing markets is now murky as the U.S. Federal Reserve and other central banks lean toward tightening policies to combat higher inflation.
Source - https://asia.nikkei.com/Spotlight/Datawatch/World-s-red-hot-housing-markets-brace-for-interest-rate-hikes
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
The document discusses ways in which the Liberal government led by Justin Trudeau has failed to be open and transparent as promised. It provides examples of access to information failures, changes to fiscal reporting that reduced transparency, and ethics violations by the Prime Minister and Finance Minister. The document also argues the government has lacked transparency regarding the SNC-Lavalin scandal and restricted investigations into it.
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada is working on year 7 of Justin Trudeau tenure. Trudeau has done little to address productivity, high inflation, deficits, slow GDP growth, attracting FDI to key sectors of the economy, and fixing a broken crisis management system for all depts. And agencies.
Trudeau refuses to acknowledge the role his carbon tax and excessive regulations when it comes to inflation and getting goods out of the ground to market.
1. Liberals’ deficits - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
2. Economic policies - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
3. Food - https://www.tbnewswatch.com/local-news/rising-food-costs-will-hit-regions-most-vulnerable-food-strategy-warns-5012868
4. Vacant home tax - https://globalnews.ca/news/8590141/hamilton-provincial-approval-vacant-home-tax/
5. Housing - https://www.kenoraonline.com/articles/feds-must-take-action-with-first-nation-housing-crisis
6. Carbon tax - https://pipelineonline.ca/david-yager-will-the-liberals-really-raise-carbon-taxes-april-1/#/?playlistId=0&videoId=0
7. Lumber - https://www.mpamag.com/ca/news/general/canada-lumber-prices-massive-update/324199
8. Trucking - https://driving.ca/auto-news/local-content/trucking-alliance-calls-for-help-filling-23000-vacant-driver-positions
9. Supply chain - https://canadiangrocer.com/supply-chain-disruptions-help-way
10. Internet bill - https://nationalpost.com/news/politics/liberals-to-introduce-bill-forcing-digital-giants-share-revenue-with-canadian-news-publishers-in-coming-days
Summary:
Inflation continues to be an issue for many Canadians.
Green inflation continues to key part of the rise of inflation
More and more people are being left out of the housing market
1. Average House – https://globalnews.ca/news/8516543/canada-home-sales-record-crea/
2. Lumber prices - https://fortune.com/2022/01/12/lumber-prices-skyrocket-again-weather-sawmill-production-supply-chain/
3. Gasoline – https://www.marketscreener.com/quote/commodity/WTI-2355639/news/Front-Month-Nymex-RBOB-Gasoline-Rose-0-53-to-Settle-at-2-4318-Data-Talk-37578932/
4. Food - https://www.bloomberg.com/opinion/articles/2022-01-16/soaring-food-prices-can-pay-for-a-more-secure-future
5. Top jobs - https://www.ctvnews.ca/canada/these-are-the-most-in-demand-skills-for-canadian-job-seekers-1.5741586 and https://dailyhive.com/vancouver/in-demand-highest-paying-jobscanada-2022
6. Home building - https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html
7. Education - https://www.kenoshanews.com/opinion/columnists/commentary-college-students-aren-t-getting-the-education-they-paid-for-where-s-the-reimbursement/article_66dd9f71-8aa3-56d4-8dc0-45de2fc67e4e.html
8. Rent costs - https://rentals.ca/national-rent-report
9. Shipping - https://rentals.ca/national-rent-report
10. Green Inflation - https://globalnews.ca/news/8508541/canada-green-transition-inflation/
11. Natural gas prices - https://www.naturalgasintel.com/february-natural-gas-called-slightly-higher-as-forecast-outlook-steady-over-weekend/
12. EV range - https://insideevs.com/news/561634/us-median-range-gasoline-bevs/
13. Existing home sales - https://economics.td.com/ca-existing-home-sales
14. Businesses and Inflation - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-businesses-predicting-higher-inflation-through-2023-boc-survey/
1. Poverty has been declining for years - https://hamiltonpoverty.ca/preview/facts-about-poverty/
2. Halifax and affordable housing - https://www.cbc.ca/news/canada/nova-scotia/protest-halifax-cmhc-banc-joseph-howe-1.6161313
3. High price of housing in Hamilton - https://www.judymarsales.com/news/blog/hamilton-real-estate-market-conditions.aspx
4. Townhomes - https://www.theglobeandmail.com/real-estate/article-with-demand-high-builders-tweak-the-traditional-townhouse/
5. How to fix housing - https://www.bnnbloomberg.ca/here-are-5-ways-the-feds-could-fix-canada-s-housing-crisis-1.1648933
6. Commission - https://betterdwelling.com/canadian-real-estate-agents-are-discreetly-pushing-buyers-to-high-commission-listings/
7. Millennials - https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-no-one-is-saying-boomers-didnt-work-hard/
8. https://www.fool.ca/2021/09/05/canadas-housing-crisis-in-3-shocking-numbers/ - Population did not match the availability of housing
9. Rural areas - https://www.mcgill.ca/channels/channels/news/expert-involvement-rural-communities-crucial-canadas-recovery-333437
10. Housing Costs - https://www.nerdwallet.com/ca/mortgages/how-much-does-it-cost-to-build-a-house
11. Urban areas - https://www.blogto.com/real-estate-toronto/2021/09/small-ontario-city-home-prices-exploding/
12. Innovation - https://www.newswise.com/articles/ten-innovations-to-address-america-s-housing-affordability-crisis
13. Solutions - https://ssir.org/articles/entry/innovative_solutions_for_the_housing_crisis
14. 3D printing - https://all3dp.com/2/2019-best-companies-building-3d-printed-houses/
15. 3D Printing - https://constructionglobal.com/technology-and-ai/75-millennials-would-consider-3d-printed-homes
16. Zoning rules - https://www.reuters.com/legal/legalindustry/zoning-rules-create-affordability-economic-benefits-2021-08-27/
17. 3D printing - https://vancouversun.com/moneywise-pro/could-3d-printed-homes-solve-canadas-housing-supply-problem
How to address systemic issues with Affordabiity and Availability of Housing paul young cpa, cga
Summary:
The value of mortgages in Canada have hit an all-time high.
The cost of construction materials has seen double digit growth.
Local government need to adopt innovation like 3D printing for housing.
Lumber costs have grown by 40% in two months.
1. Household debt - Households added $16.3 billion in mortgage debt in the month of November, representing a rise of 0.8% from October. Compared with November 2020, mortgage debt was up 10.4%, while over the same period, residential construction investment rose 11.8%. Nationally, new home prices increased by 0.8% in November, continuing the string of monthly increases since May 2020. While the volume of existing home sales were lower in November on an unadjusted basis, the average sale price remained well above the $700,000 mark. - https://www150.statcan.gc.ca/n1/daily-quotidien/220119/dq220119d-eng.htm
2. Lumber and Climate change - https://www.msn.com/en-us/money/markets/lumber-prices-are-off-the-rails-again-blame-climate-change/ar-AASVQOr
3. Housing bubble - https://www.thestreet.com/investing/will-the-us-housing-market-crash-in-2022
4. Mortgage debt - https://betterdwelling.com/canadian-mortgage-debt-has-hit-a-new-all-time-high-for-261-consecutive-months/
5. Construction materials - https://canada.constructconnect.com/canadata/forecaster/economic/2022/01/double-digit-percentage-cost-increases-for-construction-materials-persist
6. Labor - https://ontarioconstructionnews.com/immigration-reform-needed-to-bring-more-construction-workers-into-ontario/
7. Better urban planning around water, land, forest management is key to mitigating issues with climate change - https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-250803941
8. Changing municipal building codes to support modular and 3D housing - https://www.foxbusiness.com/technology/3d-printed-houses-cost-less-take-less-time-to-build-alquist-3d-ceo
9. Better tax and economic policies that support startup as part of encouraging businesses to move out of large urban areas to smaller and rural areas - https://finance.yahoo.com/news/hundreds-small-businesses-creators-form-160000558.html
10. Better management of water systems - https://www.aquascience.net/
11. Urban solutions related to electricity needs by businesses and residential customers - https://microgridknowledge.com/fixing-the-grid-not-enough-microgrid/
12. Fixing issues with the public sector - https://www.slideshare.net/paulyoungcga/transformation-of-the-public-sector-in-canada
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
This document provides a summary of the cost of living in Canada as of October 2021. It includes statistics and data on topics like the consumer price index, housing price index, household debt, carbon taxation, average wages, lumber and natural gas prices. The author is a CPA and subject matter expert who provides contact information. They analyze how various policies have impacted affordability and what further actions could be taken to address issues like housing affordability, skills gaps, competitiveness and supporting different economic sectors.
What is next for the Forestry Sector - February 2022.pptxpaul young cpa, cga
Lumber prices continue to impact cost of housing
More needs to be done to mitigate the threats from forest fires
Canada continues to be a world leader in sustainable forest practices - https://www.todayville.com/12-facts-showing-canada-world-class-forestry-sector/
What is next for Lumber Production and Forestry Management - May 2022.pptxpaul young cpa, cga
Blog – Forestry Management and Lumber Production – Canada – May 2022
Canada lumber production was up 7% in May 2022 from April 2022
Businesses along with provincial governments continue to be upset with the handling of the softwood lumber disputes
The Trudeau plan of 2B trees continues to face many challenges
Private sector continues to plant trees
Blog – Forestry Management and Lumber Production – Canada and the World – October 2021
Canada sawmill production for October 2021 continues to lag October 2015.
Canada waited over a year before pushing the softwood lumber to the new dispute council for new NAFTA
Many states and provinces must get better at both forest management and urban planning.
Lumber continues to see high prices.
1. Wildfires and insurance losses - https://ca.finance.yahoo.com/news/rare-winter-wildfire-cost-insurers-173903380.html
2. Poor urban planning and wild fires - https://ca.finance.yahoo.com/news/rare-winter-wildfire-cost-insurers-173903380.html
3. Lumber prices - https://storeys.com/rising-lumber-prices-deal-another-blow-housing-affordability/
4. Softwood lumber - https://www.globalpapermoney.com/canada-to-challenge-u-s-softwood-lumber-duties-under-new-nafta-cms-14470
5. Forest management practices - https://www.gjsentinel.com/news/western_colorado/water-woes-wolves-forest-plan-likely-big-2022-environmental-stories/article_120c5832-6388-11ec-ac0e-77e43132b06f.html
6. Urban sprawl - https://www.thrillist.com/travel/nation/the-9-worst-designed-cities-in-the-us
7. Insurance - https://www.forbes.com/sites/forbesfinancecouncil/2021/12/09/how-the-insurance-sector-can-lead-in-climate-action/?sh=5798632f4e5b
8. Lumber production - https://www.forbes.com/sites/forbesfinancecouncil/2021/12/09/how-the-insurance-sector-can-lead-in-climate-action/?sh=5798632f4e5b
9. Lumber - https://www.forest2market.com/blog/lumber-market-2021-year-in-review-whats-next
10. Lumber - https://www.forest2market.com/blog/predictions-for-the-global-forest-industry-in-2022
What is next for the Forestry Sector and Lumber Production - August 2022.pptxpaul young cpa, cga
Blog – Forestry Sector and Lumber Production – Canada – September 2022
Canada lumber production was down 10% in July 2022 from August 2022
Housing costs continue to be an issue for many Canadians
More needs to be done to mitigate the threat of both wildfires and forest fires.
Blog - Forestry and Sawmill Production – Canada and the World
Lumber prices have decline but are still very high
There seems to be inconsistent policies when it comes to management of forests around the globe
The world is slow in adopting 3D housing
1. Softwood Lumber - https://www.woodworkingnetwork.com/news/woodworking-industry-news/reduced-tariffs-draws-applause
2. Prices - https://www.barchart.com/story/news/7200218/lumber-up-and-down-and-all-around
3. 3D housing - https://www.mentalfloss.com/article/535220/these-10000-concrete-homes-are-3d-printed-less-24-hours
4. Deforestation - https://www.sustainability-times.com/environmental-protection/the-great-amazon-land-grab-brazils-government-is-turning-public-land-private-driving-deforestation/
5. Wetlands - https://www.nature.com/articles/d41586-020-00098-1
6. Housing affordability - https://saportareport.com/understanding-the-housing-affordability-problem/columnists/david/
7. Urban planning - https://www.weforum.org/agenda/2022/02/innovative-global-cities-talent-property/
8. 3D housing - https://www.probuilder.com/3d-printed-technology-offers-solution-affordable-housing
9. Mortgage rates - https://ca.finance.yahoo.com/news/lumber-prices-crash-30-mortgage-120647926.html
10. Household debt - https://www.teamblind.com/post/21t-national-debt-15-trillion-household-debt-in-usa-and-21-trillion-in-annual-gdp--are-we-doomed-rtZ0Dj5Q
11. Housing bubble - https://betterdwelling.com/
12. Insurance - https://ca.news.yahoo.com/extreme-weather-rising-insurance-rates-160054947.html
13. Heating costs - https://carolinapublicpress.org/51169/heating-costs-and-power-grid-stability-create-concerns-in-cold-temperatures/
More needs to be done to mitigate forest fires caused by natural events.
All levels of government need to work together on a land-use strategy for urban and rural planning
Canada has some of the best forestry practices in the world!
Canada emissions per square km is ranked as one of the best in the world.
Lumber prices continue to be very volatile!
This document provides a summary of issues related to the world's forests. It begins with an agenda that covers topics like commodity prices, the global housing market, forestry employment, technology impacts, and government policies. Key issues discussed include softwood lumber disputes, carbon taxes, high stumpage costs, regulations, and losses from deforestation. The document also examines specific regions and events, such as fires in California, Siberia, and Canada's boreal forest. It suggests governments must improve forest management practices to mitigate wildfire risks and address audit findings on forestry oversight.
Blog – Forestry and Lumber Sector – What is next
Lumber prices continue to rise.
Very little is being done to mitigate the impact of wildfires and forest fires
Drones are helping with tree planting
Cost of housing continues to rise.
1. Lumber prices - https://markets.businessinsider.com/commodities/lumber-price
2. Housing costs - https://www.news10.com/news/housing-costs-skyrocket-nationwide/
3. Housing - https://www.planetizen.com/news/2022/03/116378-toronto-housing-supply-outpacing-population-growth-costs-remain-high
4. Deforestation - https://www.greenbiz.com/article/5-ways-business-can-help-stop-current-record-levels-deforestation
5. Sawmills - https://www.woodbusiness.ca/canfor-completes-purchase-of-millar-westerns-alberta-solid-wood-operations/?utm_source=rss&utm_medium=rss&utm_campaign=canfor-completes-purchase-of-millar-westerns-alberta-solid-wood-operations
6. Lumber prices - https://www.woodbusiness.ca/lumber-prices-pop-up-after-several-weeks-flat-madisons/
7. Drones and tree planting - https://www.mentalfloss.com/article/503527/these-drones-can-plant-100000-trees-one-day
8. Forest fire mitigation - https://phys.org/news/2022-02-california-massive-dixie-pge-ramp.html
9. Mitigation - https://phys.org/news/2022-02-california-massive-dixie-pge-ramp.html
10. Urban planning - https://www.forbes.com/sites/forbeseq/2022/02/16/the-power-of-innovation-in-rural-america/?sh=2529f36c3987
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
What is next for the Forestry Sector and Lumber Production - August 2023.pptxpaul young cpa, cga
Blog – What is next for the Forestry Sector – August 2023
Summary:
Over the last 7 days, the Paper and Forestry Products industry has dropped 5.6%, driven by a pullback from West Fraser Timber of 7.4%. The industry has fallen 4.5% in the last year. Looking forward, earnings are forecast to grow by 38% annually.
Source - https://simplywall.st/markets/ca/materials/paper-forestry-products
Other links and sources:
Wildfires - https://www.devdiscourse.com/article/science-environment/2546682-canadian-wildfire-emissions-double-previous-record-as-flames-rage-on
Curtailment - https://biv.com/article/2023/08/lumber-prices-stabilize-demand-softwood-remains-strong
Log management - https://www.prnewswire.com/news-releases/trimble-launches-new-cloud-based-version-of-its-log-inventory-and-management-system-for-forestry-301883000.html
Housing starts - https://www.constructconnect.com/construction-economic-news/housing-starts-versus-economic-orthodoxy
Hardware - https://www.ibisworld.com/canada/market-research-reports/hardware-stores-industry/
Forestry and AI - https://www.woodbusiness.ca/metsa-group-collectivecrunch-unveil-ai-solution-for-forest-health-monitoring/
Construction - https://www.slideshare.net/paulyoungcga/construction-spending-and-outlook-the-usa-and-the-world-july-2023-analysis-and-commentarypptx
Home Depot - https://www.bnnbloomberg.ca/home-depot-cuts-outlook-as-softening-demand-hits-sales-1.1920802
Drones - https://goodmenproject.com/featured-content/new-tree-tech-cutting-edge-drones-give-reforestation-a-helping-hand/
Technology - https://www.roboticsbusinessreview.com/sponsored-content/cloud-ground-control/how-uncrewed-vehicles-are-assisting-in-combating-climate-change/
What is next for the Forestry Sector and Lumber Production - July 2023.pptxpaul young cpa, cga
Blog – What is next for the Forestry Sector – July 2023
U.S. sawmills in March produced 3.392 billion board ft. (bbf) of softwood lumber, a decrease of 2.3% from March 2022, but up 20.2% compared with February 2023’s 2.823 bbf, according to the Western Wood Products Assn.’s Lumber Track report for March, dated June 7.
Western U.S. sawmills in March contributed 1.209 bbf to the total, down 11.9% from the prior year’s 1.372 bbf, while output from Southern sawmills rose 4.4% year-over-year to 2.031 bbf from 1.946 bbf. Compared with February, Western and Southern sawmill production increased 20.7% and 19.9%, respectively.
Apparent U.S. softwood lumber consumption in March was 4.573 bbf, down 4.4% from 4.785 bbf in March 2022 but 17.5% higher than 3.893 bbf in February.
Source - https://www.farmprogress.com/business/u-s-lumber-prices-seen-extending-losses-as-sawmills-ramp-up or https://www.scrapmonster.com/news/us-sawmills-produce-less-softwood-lumber-in-march/1/88163
Additional sources and links:
Lumber prices - https://www.lesprom.com/en/news/Canadian_lumber_production_down_6_1_in_April_108551/
Lumber prices - https://hardlines.ca/gp_dailynews/lumber-prices-climb-in-june/
Housing starts - https://www.bnnbloomberg.ca/labour-shortage-in-construction-adding-extra-pressure-to-housing-supply-gap-experts-1.1941272
ESG - https://www.rayonier.com/stories/how-forestry-companies-prove-theyre-sustainable/
Home renovations outlook - https://home.barclays/news/press-releases/2023/07/homeowners-put-off-energy-efficiency-upgrades-due-to-misconcepti/
Technology - https://www.woodbusiness.ca/metsa-group-collectivecrunch-unveil-ai-solution-for-forest-health-monitoring/
Blog – Housing Starts and Value – Real Estate (Housing)
The actual (not seasonally adjusted) national average home price was a record $678,091 in February 2021, up 25% from the same month last year.
The national average price is heavily influenced by sales in Greater Vancouver and the GTA, two of Canada’s most active and expensive housing markets. Excluding these two markets from calculations cuts more than $150,000 from the national average price or ex GTA and Vcr (523K)
Source - https://creastats.crea.ca/en-CA/
Low inventories / high costs - http://www.rbc.com/economics/economic-reports/canadian-housing-forecast.html
Debt Bubble - https://www.bnnbloomberg.ca/economics/video/economist-who-predicated-the-last-financial-crisis-warns-of-a-debt-bubble-pop-amid-the-covid-19~1924800
Lumber costs - https://www.housingwire.com/articles/insane-lumber-prices-mean-new-homes-cost-24k-more/
More debt to the economy - https://economics.td.com/ca-housing-update
Revised - Cost of Living (Purchase Price Index) - Canada - April 2022.pptxpaul young cpa, cga
Summary:
Canada’s annual inflation rate accelerated to 6.8 per cent in April, the highest since January 1991, on food and shelter prices, Statistics Canada said on Wednesday.
Source - https://www.bnnbloomberg.ca/the-daily-chase-inflation-day-in-canada-full-blown-war-on-new-housing-1.1767546 and https://financialpost.com/news/economy/canadian-inflation-rate-rises-to-6-8-beating-expectations
Blog – Emissions and Environmental Policies – 2019 Analysis
1. https://www.canada.ca/en/environment-climate-change/services/climate-change/greenhouse-gas-emissions/sources-sinks-executive-summary-2020.html - After hovering between 700 and 720 megatonnes of carbon dioxide equivalent (Mt CO2 eq) in recent years, in 2018 (the most recent annual dataset in this report) Canada’s greenhouse gas (GHG) emissions increased to 729 Mt CO2 eq. This increase is attributed to higher fuel consumption for transportation, winter heating and oil and gas extraction. Over the long term, Canada’s economy has grown more rapidly than its GHG emissions: the emissions intensity for the entire economy (GHG per Gross Domestic Product [GDP]) has declined by 36% since 1990 and 20% since 2005. Emission trends since 2005 remain consistent, with emission increases in the Oil and Gas and Transportation sectors being offset by decreases in other sectors, notably Electricity and Heavy Industry
2. USA emissions fell by 2% for 2019 - https://www.eia.gov/todayinenergy/detail.php?id=43615
3. China continues to spew CO2 - https://www.theverge.com/2021/3/2/22309374/global-china-carbon-dioxide-emissions-rising
4. Forests are doing a banner job with sequestering carbon - https://www.wri.org/blog/2021/01/forests-carbon-emissions-sink-flux
5. EMEA leads in terms of recycling - https://www.nspackaging.com/analysis/best-recycling-countries/
6. EMEA leads on water management - https://epi.yale.edu/epi-results/2020/component/h2o
7. Canada has some of the best air quality in the world - https://www.lovemoney.com/gallerylist/79106/the-worlds-most-and-least-polluted-countries-ranked
8. Carbon tax is not revenue neutral - https://www.taxpayer.com/newsroom/carbon-tax-not-revenue-neutral-last-year
9. Volcanos - https://weather.com/news/news/2021-04-12-la-soufriere-volcano-satellite-imagery
10. Sun - https://oilprice.com/Energy/Energy-General/Blocking-The-Sun-A-Crazy-Idea-To-Stop-Climate-Change.html
Getting Goods to Market| What needs to happen by all levels of Governmentpaul young cpa, cga
Paul Young provides an agenda for a presentation on goods to market including natural resources, manufacturing, energy and agriculture. The presentation will cover topics such as mining, GDP per capita, environmental rankings, transportation of goods, the oil and gas industry, forestry management, WTO reforms, and competitiveness. It will draw on various sources and blogs to discuss issues and policies related to ensuring the efficient and sustainable transportation of Canadian goods to market.
What is next for Canada - Throne Speech - September 23, 2020paul young cpa, cga
The document provides an analysis of the Canadian Throne Speech delivered on September 23, 2020. It includes:
- An overview and commentary on key points from the Throne Speech.
- Statistics and data on the current state of the Canadian economy from various sources, including employment levels, housing prices, and sector performance.
- Critiques of previous Liberal government policies on issues like carbon taxation, childcare, infrastructure spending, and concerns around new initiatives proposed in the speech.
- Recommendations for alternative approaches focusing on tax reform, productivity improvements, addressing high costs of living, and ensuring access to raw materials for green technologies.
Has Justin Trudeau been Open,, Transparent and Accountable to Canadians WE Ma...paul young cpa, cga
This presentation provides a review of key policies of Justin Trudeau's government, including statistics and independent reports on its governance model. Several issues are raised such as high household debt, inflation, censorship, deficits, and whether the government has been open and accountable. The presentation is designed for Canadians to ask questions of Trudeau and his team about accountability. It references reports on topics like the ethics code, internet bills, sentencing laws, and the performance of the Canada Revenue Agency.
The document discusses Canada's recovery from the COVID-19 recession. It analyzes GDP and employment data and finds that while the economy has recovered overall, the structure of the economy and labor market has changed. Public sector jobs are growing faster than private sector jobs. Both sectors are increasingly automating. The cost of living is also rising due to increases in housing, gas, and other prices. Small businesses were hard hit by pandemic restrictions and are increasingly moving operations online. The environment and trade are also discussed.
This presentation discusses clean technology raw materials, including rare metals production and markets. It notes that China dominates global production of many rare metals essential for clean technologies like electric vehicles and energy storage. The presentation also outlines major lithium, vanadium, graphite, and copper producers and discusses Canada's opportunities and challenges regarding developing its clean technology raw materials sector. It emphasizes the need for a balanced approach between environmental and economic priorities.
Similar to Forestry and Tree Planting| What is next (20)
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
The document provides an overview of key metrics and trends in the logistics, warehousing, distribution, and transportation sector. It includes data on consumer price index, diesel fuel costs, freight indexes, e-commerce sales, retail sales, class 8 truck sales, EPA emissions standards, trailer sales, and tonnage. It also discusses supply chain management solutions like planning analytics, blockchain, and AI assistants. Finally, it touches on topics like infrastructure spending, automation, and ESG reporting.
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
United States retail sales rose 0.6% in August despite flat sales at internet retailers after Amazon Prime Day. Most of the increase was due to higher gasoline prices. While consumer spending has been strong, higher interest rates and a slowdown in hiring are expected to restrain purchases in the coming months. Forecasters predict the 2023 holiday shopping season could be the weakest in five years due to economic challenges facing consumers. The retail sector continues facing inventory management challenges and social governance issues.
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
This document provides a summary of strategies to improve governance in government. It discusses factors that impact governance like transparency and accountability. It recommends using performance audits to assess key performance indicators and ensure recommendations are implemented. Other strategies include improving data ethics and literacy, mitigating geopolitical risks, adopting ESG reporting, and using technology like audit analytics and AI to enhance governance. The overall goal is for government to deliver programs and tax policies with value for money and transparency.
This document provides an analysis of the agriculture output and equipment sector for August 2023. It includes discussions of commodity prices, crop estimates, energy prices, food prices, farming incomes, top farming states, food processors, and the role of technology and government in farming. Key points covered include rising input costs challenging farmers, preliminary crop estimates for Canada, volatility in oil and diesel prices impacting farm expenses, and opportunities for data and automation to help address issues in the agriculture industry.
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
- An introduction and biography of presenter Paul Young CPA CGA
- An agenda covering topics like vaccine production, drug discovery, innovation in areas like storage and AI, and the life sciences strategy
- Links and summaries of information on these topics, including the top vaccine manufacturers, regulations in Canada, and growth in the pharmaceutical market
The presentation aims to discuss key areas of the biotech/pharmaceutical sector including vaccine development and production, drug discovery, innovation, and strategies for the life sciences industry. Links and outside sources are provided to support the topics in the agenda.
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
This document discusses using analytics to improve public safety management. It outlines rising public safety costs for governments and key issues facing policing like complex crimes and accountability. The document presents crime rate data for Canada and discusses building machine learning models in SPSS and dashboards in Cognos Analytics to analyze police data and forecast expenses. Finally, it lists potential next steps for crime in Canada like bail and corrections reforms, gun control, and increased police oversight.
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
The document discusses workforce planning and employment analysis. It provides an overview of employment statistics in the United States, Canada, and Australia. It then discusses Sysco's workforce planning model and the role of the CFO in workforce planning. Finally, it defines autonomous finance as the automation of financial operations through software and algorithms, and provides some key statistics on its adoption.
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
This presentation provides an overview of key trends in the global automotive sector in August 2023. It discusses 1) sales trends in Canada, the US and globally, 2) the growth of electric vehicles and focus on reducing emissions, and 3) ongoing transformation in the industry through automation, connectivity and new technologies. Sources included discuss topics like electric vehicle production and adoption, public safety issues regarding EV fires, gasoline and car prices, supply chain challenges, and green transitions in transportation.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
This document discusses several topics related to education funding and policy in Ontario, Canada. It includes links to articles about the skills gap in trades, teacher salaries, school board budgets, and the Drummond Report which reviewed education spending. The document questions whether the reader looks at school board budgets and supports bringing back ARC analysis of low-enrollment schools. It also debates the impacts of rising construction costs and the carbon tax on education funding.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
[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.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
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?
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
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.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
1. What is happening to World’s forest?
Paul Young CPA CGA
August 4, 2020
2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• Academia – Advance Accounting, Public
Finance and Advanced Management
Systems
Contact information:
Paul_Young_CGA@Hotmail.com
3. Introduction
• Canada forestry sector is key sector to the Canadian Economy
• Canada forestry sector has faced protectionism policies -
https://www.canadianmanufacturing.com/financing/canfor-to-
curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-
234114/
• The federal government under Justin Trudeau has done little to
support the forestry sector.
• Forest Management world-wide crisis
• Need for better urban planning
4. Agenda
• Commodity Prices
• Global Housing Market outlook
• Housing Starts – North America
• Merchandise Trade
• Wages / Forestry Sector
• Employment
• Issues facing Forestry
• Justin Trudeau and the Forestry Sector
• Technology and Forestry Sector
• West Fraser and Forestry
• Carbon Sink
• Government Cutbacks and Audits
• Global deforestation
• Poor urban planning
• Eco-Terrorism
• Automation / Forestry Management
• Siberia
• What’s next
5. Commodity Prices
Source - https://www.scotiabank.com/ca/en/about/global-economics/commodity-price-index.html or
“Softwood lumber prices slowly recover from
recent lows: May 2019”
Source - https://www.woodbusiness.ca/softwood-
lumber-prices-slowly-recover-from-recent-lows-
may-2019/
Source
https://us.spindices.com/indices/
commodities/sp-gsci
6. Global Housing Outlook
Source - https://www.telegraph.co.uk/business/2019/05/16/global-
property-boom-house-prices-hit-breaking-point/
10. Forestry Sector (Wages)
Source - https://www.livingin-canada.com/salaries-for-forestry-professionals-canada.html or
https://www150.statcan.gc.ca/n1/daily-quotidien/190530/dq190530a-eng.htm
Average wages annually $52,800/year
• Forestry Sector pays between 25% to
70% higher wages than the service
sector
• Forestry sector personal income tax
ranges are between 35% to 40%
12. Issue facing Forestry
• Softwood Lumber dispute - https://www.bnnbloomberg.ca/economics/video/overall-impact-of-softwood-lumber-
dispute-minimal-for-canada-economist~1108540 or https://www.globalwoodmarketsinfo.com/canada-has-filed-appeal-
against-wtos-april-ruling-in-softwood-lumber-dispute-with-us/
• Carbon Tax – Carbon tax is added on to the cost of production
https://www.bnnbloomberg.ca/commodities/video/applying-carbon-tax-without-cutting-back-regulations-may-be-
costly-jack-mintz~1649746
• High stumpage cost - https://www.timescolonist.com/business/teal-jones-shuts-down-logging-in-honeymoon-bay-citing-
high-log-costs-1.23841024
• Hydro Rates - https://www.drydennow.com/local/rickford-aims-to-cut-costs-for-forestry-sector
• Excessive regulations - http://www.chamber.ca/media/news-releases/Canada-competiveness-ranking-drops-4-spots-in-
2-years/
• Small business tax reforms - https://www.bnnbloomberg.ca/economics/video/cfib-concerned-by-potential-tax-hits-to-
small-businesses-in-2019~1560874
• Forestry losses - https://www.wri.org/blog/2020/06/global-tree-cover-loss-data-2019
13. Justin Trudeau and Forestry Sector
Source - https://www.sudbury.com/letters-to-the-editor/forest-industry-isnt-a-
priority-for-justin-trudeau-679008
“My predecessor wanted you
to know Canada for its
resources. I want you to know
Canadians for our
resourcefulness,” he said.
“Pulp and paper workers ask Trudeau to
fight for their jobs
”Source - https://unifor.org/en/whats-
new/news/pulp-and-paper-workers-ask-
trudeau-fight-their-jobs
Source – April 13, 2018
14. Technology / Forestry Sector
Source - https://www.woodbusiness.ca/how-technology-is-transforming-bcs-forest-industry-
5248/
• Investment into new technologies is revolutionizing the way Canada’s forest industry does business.
The federal government reports between 2005 and 2015, Canada’s forest industry cut its total energy use
by 31 per cent and reduced its greenhouse gas emissions by 49 per cent by generating bioenergy from
waste products and increasing energy efficiency.
• AI and Forestry - https://www.weforum.org/agenda/2018/09/ai-can-help-us-map-forests-down-to-
each-tree/
• Automation - https://www.woodbusiness.ca/fully-automated-applying-robotic-solutions-to-the-
sawmill/
• Supply Chain/Digital = https://www.poyry.com/news/articles/how-will-digitalisation-boost-
forestry-operations
• Analytics and Forestry Management - https://www.ibmbigdatahub.com/tag/6399
19. Poor Urban Planning
• Governments around the world need to re-
think urban planning -
https://www.slideshare.net/paulyoungcga
/urban-planning-issues-facing-urban-
planners-april-2019 or
https://www.slideshare.net/paulyoungcga
/urban-and-rural-planning-whats-next
20. Eco-Terrorism and other ignition points
There has been a rise in eco-terrorism
• Australia bushfires - https://www.bbc.com/news/world-australia-50568026
• BC Wildfires - https://vancouversun.com/news/local-news/rcmp-say-arson-behind-29-okanagan-
wildfires-over-last-four-years
• Amazon - https://www.washingtonpost.com/world/the_americas/arsonists-are-torching-the-
amazon-this-elite-team-of-firefighters-stands-in-their-way/2019/10/08/525330f4-d8a8-11e9-a688-
303693fb4b0b_story.html
• California Appl Fire caused by a poorly maintained car -
https://www.mercurynews.com/2020/08/04/apple-fire-at-26450-acres-relief-crews-for-weary-
firefighters-arriving/
• Oregon Fires - https://ktvz.com/news/fire/2020/07/28/three-suspicious-la-pine-area-wildfires-
investigated-as-arson-tips-sought/
Source - https://www.slideshare.net/paulyoungcga/is-the-world-headed-to-more-ecoterrorism
21. Forestry Fires
Fire was purposely set/Eco-Terrorism
San Jose Fire/Cal Fire
Power Lines
Balloon collides with power line that sent sparks to
the ground
• Mitigation
• More insulation of wires - https://energized.edison.com/stories/insulated-wires-help-reduce-wildfire-
risk
• Use of AI and Data Analytics in terms of forest prevention/detection
22. Governmen
t Cutbacks
/
Environme
nt/ Audits
• Could it be the cuts in key areas along with poor urban planning makes the narrative for the govt
look good in terms pro climate change?
https://www.slideshare.net/paulyoungcga/urban-planning-issues-facing-urban-planners-april-
2019 or https://www.slideshare.net/paulyoungcga/forest-management-practices-world-april-2019
or https://www.slideshare.net/paulyoungcga/environment-canada-whats-next
• Lack of a flood map - https://www.insurancebusinessmag.com/ca/opinion/updated-flood-maps-
coming-to-canada-78259.aspx
• Rail and Fire - https://www.cbc.ca/news/canada/sudbury/ontario-government-sues-cn-rail-for-
millions-in-firefighting-costs-1.2927083?fbclid=IwAR2_hehuCPiCxUrKa16hfbVhf1JXOT-
tkwRrNNTZwPu8FFnUxgVVLYx3198
• Parks Canada - https://www.hellulandnews.com/science/2017/8/21/the-failure-of-parks-canada
• Budget cuts – Feds - https://nationalpost.com/news/politics/federal-government-cutting-back-on-
disaster-assistance-as-floods-become-more-severe
• PQ Floods = https://www.theglobeandmail.com/news/national/quebec-floods-recede-but-
competing-demands-fill-prevention-debate/article34981361/
• Wildfire mgmt. https://edmontonjournal.com/news/politics/alberta-premier-rachel-notley-
defends-cut-in-wildfire-budget
• Auditor/Tree planting - https://globalnews.ca/news/5201294/ontario-government-cancels-tree-
planting-
program/beta/?utm_expid=.kz0UD5JkQOCo6yMqxGqECg.1&utm_referrer=https%3A%2F%2Fww
w.google.com%2F “A spokeswoman for Natural Resources and Forestry Minister John
Yakabuski said the government is committed to balancing the budget in a responsible
manner. Justine Lewkowicz said in a statement that the forestry industry, which depends on a
sustainable supply of wood, is a responsible steward of the province’s forests. On average, the
forestry industry plants 68 million trees per year, creating jobs for foresters, nurseries, and
tree planters,” she wrote.” – This was make work project that never generated the benefits
23. Automation
• Using drones to plant trees - https://www.nextbigfuture.com/2020/06/flash-
forest-and-tree-planting-with-
drones.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed
%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
• Innovation / planting - https://www.fastcompany.com/90504789/these-drones-
can-plant-40000-trees-in-a-month-by-2028-theyll-have-planted-1-billion
• Tree Planting / Drones -
https://www.standard.co.uk/news/world/treeplanting-drones-could-help-
restore-world-s-forests-a4116376.html
24. Canada Boreal Forest
• Canada’s boreal forest make up 9% of the world forest -
https://www.nrcan.gc.ca/our-natural-resources/forests-
forestry/how-much-forest-does-canada-have/17601
26. Audits
• Significant financial-control weaknesses / NS Forestry and Land -
https://globalnews.ca/news/6095967/nova-scotia-auditor-general-financial-
report/
• Forestry Management / City of Toronto -
https://globalnews.ca/news/5221912/toronto-forestry-crews-audit/
• Audit – Clear Cut and Water Management - https://thenarwhal.ca/muddied-
waters-how-clearcut-logging-is-driving-a-water-crisis-in-b-c-s-interior/
• Tree planning / Corporations -
https://www.terracestandard.com/news/skeena-sawmills-in-terrace-contracts-
local-firms-for-2020-reforestation-projects/
27. What’s next
• All level of governments need to work on integrated strategy for Forestry including streamlining regulations, tax
fairness, hydro, fees, etc. - https://www.slideshare.net/paulyoungcga/2019-election-canada-and-global-
competitiveness-may-2019
• Next government needs to push for reforms at WTO including a better dispute mechanism, reduction in
protectionism policies, etc. - https://www.slideshare.net/paulyoungcga/why-do-we-need-the-wto
• The next government needs to stop looking for ways to tax business, i.e. carbon tax or plastic tax or other taxes. –
There is a need to reform government - https://www.slideshare.net/paulyoungcga/how-to-reform-local-and-
municipal-government
• More balance to support natural resources in a sustainable way - GDP growth pre-COVID was running at 2.0%
which is about the same rate as the past 20 years - https://www.slideshare.net/paulyoungcga/canada-slow-growth-
liberal-party-of-canada-december-7-2016 Trudeau introduce policies that did little to get goods to market or support
small business - https://www.slideshare.net/paulyoungcga/canada-whats-next-for-small-business or
https://www.slideshare.net/paulyoungcga/canada-natural-resources-sector-whats-next
• The next government needs to focus on port expansion as part of supporting getting goods to market.
• Climate activism focus on the worse scenarios to push their agenda -
https://www.slideshare.net/paulyoungcga/canada-clean-technolgy-and-the-green-economy or
https://www.slideshare.net/paulyoungcga/the-real-truth-about-emissions-and-carbon-taxation
• All Governments need to re-look at their forest management practices - https://www.pewtrusts.org/en/research-
and-analysis/reports/2020/05/how-states-pay-for-natural-disasters-in-an-era-of-rising-costs
Editor's Notes
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