GDP growth is led by real estate and govt spending.
NR sector continues to lag other sectors in terms of growth despite high commodities prices
Household debt is at all-time high
Canada still faces challenges with productivity
Pushing the Envelope - Spring-2022.pdfssuser47881e
This article discusses the Building Science Specialist (BSS) designation, which provides confidence that holders have specialized training and experience in building science. To obtain the BSS designation, candidates must: 1) be a member of a provincial Building Envelope Council, 2) meet educational requirements such as an engineering/architecture degree and building science experience, 3) pass four professional exams on building science theory, building envelope systems, materials, and mechanical systems, and 4) maintain the designation through ongoing professional development credits each year. The designation is offered nationally through the Building Science Specialist Board of Canada.
Analysis of the Goods Producing Sector - Canada - August 2019 and September 2019paul young cpa, cga
This document provides an agenda and summary for a presentation on the goods producing sector in Canada from August to September 2019. The presentation covers topics such as: declines in manufacturing production and sales in key sectors like automotive and forestry; issues around competitiveness for Canadian manufacturing; trends in sectors like agriculture equipment and oil/gas production; and potential policy solutions to support the manufacturing industry. It includes links to sources of economic data and analyses of challenges facing Canadian manufacturing competitiveness.
Transportation Sector| Analysis and Commentary| November 2021paul young cpa, cga
Summary:
Transportation sector continues to face many hurdles. The key to supporting the transportation sector will be its ability to adopt innovation including clean energy solutions. It is also important for all levels government to work together to build a resilient supply chain including reshoring critical parts of the supply chain to better safeguard government assets and protect the economy.
1. Class 8 truck sales - https://ontruck.org/class-8-orders-crash-due-to-supply-chain-delays/
2. Trailer sales - https://www.openpr.com/news/2491852/demand-for-trailer-axle-market-to-surge-in-the-end-use-industry
3. EV - https://www.autonews.com/shift/ev-semi-coming-just-not-quickly-other-evs
4. Port backlog - https://www.freightwaves.com/news/port-of-vancouver-ship-backlog-hits-60
5. Savannah = https://gcaptain.com/port-of-savannah-sets-monthly-cargo-record-in-november-as-capacity-improvements-pay-off/
6. Margins - https://www.clearwatertimes.com/news/all-our-margins-are-gone-supply-chain-challenges-squeeze-small-businesses/
7. Containers - https://www.marketwatch.com/story/americas-new-export-problem-12-1-million-shipping-containers-left-biggest-u-s-ports-empty-11638971489
8. Supply Chain - https://retail-insider.com/retail-insider/2021/12/retail-supply-chain-in-canada-requires-significant-reimagination-amid-consumer-shift-feature/
9. Supply chain - https://ca.movies.yahoo.com/supply-chain-issues-starting-ease-150509062.html
10. Hydrogen - https://www.hydrogenfuelnews.com/fuel-cell-locomotive-cp/8550386/
11. Methane - https://gcaptain.com/first-look-at-maersks-new-green-methanol-powered-containerships/
12. Freight costs – https://economictimes.indiatimes.com/small-biz/trade/exports/insights/shipping-costs-another-danger-for-inflation-watchers-to-navigate/articleshow/88220289.cms
13. ESG - https://ca.finance.yahoo.com/news/sea-land-air-decarbonizing-transportation-213107347.html
14. Innovation - https://www.supplychain247.com/article/7_transportation_logistics_technology_trends_to_watch/legacy_supply_chain_services
Both services-producing (+0.6%) and goods-producing (+0.5%) industries were up, as 17 of 20 industrial sectors posted increases in November.
Advance information indicates that real GDP for December was essentially unchanged. Widespread increases led by the manufacturing, agriculture, forestry, fishing and hunting, utilities and wholesale trade sectors were offset by declines in the accommodation and food services, mining, quarrying, and oil and gas extraction and retail trade sectors. This advance information for real GDP by industry indicates a 1.6% uptick in the fourth quarter of 2021 and a rebound of 4.9% in the year following the pandemic-induced decline observed in 2020. Given their preliminary nature, these estimates will be updated on March 1, 2022 with the release of the official GDP data for December and the fourth quarter of 2021.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220201/dq220201a-eng.htm
1. Inflation and Canada – https://www.fool.ca/2022/01/31/holding-onto-tonnes-of-cash-heres-how-much-of-it-that-inflation-would-destroy-in-a-decade/
2. Housing - https://financialpost.com/real-estate/busting-the-myth-of-canadas-million-or-more-vacant-homes
3. Supply chain task force - https://canada.autonews.com/manufacturing/supply-chain-issues-be-tackled-new-federal-task-force
4. Mining - https://miningglobal.com/top10/top-10-countries-based-on-natural-resources
5. Electrical vehicles - https://ipolitics.ca/2022/01/31/lobby-wrap-auto-industry-wants-training-as-ev-sales-rise/
6. Middle class - https://www.usatoday.com/story/money/2022/01/31/lost-factory-jobs-make-harder-move-into-middle-class-report-says/9213089002/?gnt-cfr=1
7. Consumer spending - https://www.hellenicshippingnews.com/weaker-u-s-consumer-spending-rising-inflation-pose-dilemma-for-fed/
8. Commodity prices - https://www.hellenicshippingnews.com/commodity-prices-likely-to-be-hit-by-slowdown-before-end-of-2023/
9. ESG - https://www.reuters.com/business/sustainable-business/euroclear-teams-up-with-fintech-expand-esg-services-2022-01-31/
10. Insurance risk - https://www.insurancebusinessmag.com/us/news/environmental/environmental-insurance--what-are-the-concerns-323760.aspx
11. Geopolitical Risks - https://www.reuters.com/business/rising-geopolitical-tension-demand-send-oil-price-outlook-soaring-2022-01-31/
12. 2022-2023 – Budget - https://globalnews.ca/news/8585003/federal-budget-plan-2022/
Blog – What is next for the Global Economy – October 2022
The global economy faces many challenges including high inflation and geopolitical risks.
Global debt levels are a deep concern for central banks as interest rates continue to rise
All levels of government need to re-think their progressive agenda. More needs to be done to reign in government spending. More emphasis needs to be on digital government and value for money as it relates to program spending and performance
Closing tax loopholes should be a priority for all levels of government as part bringing in tax fairness
Countries like Canada need to do more to streamline their regulatory process as part of getting goods out of the ground to market.
Farmers need more policy support as part of adopting vertical and expert farming practices. Food security and costs continue to be an issue for governments around the world
Power grid will require trillions of investments as it moves to net zero. Low electricity rates are likely a thing of the past. The capital recovery by electrical power generators will see a rise in rates.
The world needs to find ways to bring peace to world. United Nations needs to do a better job working with countries to resolved political issues with countries.
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptxpaul young cpa, cga
Blog – How is Canada’s Economy performing for February 2022 and January 2022
Here is my latest report on the health of Canadian economy. Chrystia Freeland continues to say the fundamentals are strong. If Ms. Freeland is referring to debt driven economy, then she is right. There are many challenges facing the Canadian economy:
a) Low productivity
b) Inability to develop natural resources in a sustainable way
c) The new climate change policies that are more about optics than sound policies
d) Food and energy crisis
e) High inflation
f) High household debt
g) Skills gaps and more business automation
h) Issues with attracting FDI
i) Lack of innovation investment within Canada
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...paul young cpa, cga
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
The document discusses a presentation on the stock market. It includes a biography of the presenter Paul Young, an agenda covering various stock markets and topics including TSX Canada, US markets, auditing, corporate reporting, automation, geopolitical risks, and regional scorecards. It also includes links to additional documents on related topics such as Canada and US stock markets, Bank of Canada monetary policies, OECD inflation, global stock markets, auditing, corporate reporting challenges, crisis management, automation, and ESG reporting.
Pushing the Envelope - Spring-2022.pdfssuser47881e
This article discusses the Building Science Specialist (BSS) designation, which provides confidence that holders have specialized training and experience in building science. To obtain the BSS designation, candidates must: 1) be a member of a provincial Building Envelope Council, 2) meet educational requirements such as an engineering/architecture degree and building science experience, 3) pass four professional exams on building science theory, building envelope systems, materials, and mechanical systems, and 4) maintain the designation through ongoing professional development credits each year. The designation is offered nationally through the Building Science Specialist Board of Canada.
Analysis of the Goods Producing Sector - Canada - August 2019 and September 2019paul young cpa, cga
This document provides an agenda and summary for a presentation on the goods producing sector in Canada from August to September 2019. The presentation covers topics such as: declines in manufacturing production and sales in key sectors like automotive and forestry; issues around competitiveness for Canadian manufacturing; trends in sectors like agriculture equipment and oil/gas production; and potential policy solutions to support the manufacturing industry. It includes links to sources of economic data and analyses of challenges facing Canadian manufacturing competitiveness.
Transportation Sector| Analysis and Commentary| November 2021paul young cpa, cga
Summary:
Transportation sector continues to face many hurdles. The key to supporting the transportation sector will be its ability to adopt innovation including clean energy solutions. It is also important for all levels government to work together to build a resilient supply chain including reshoring critical parts of the supply chain to better safeguard government assets and protect the economy.
1. Class 8 truck sales - https://ontruck.org/class-8-orders-crash-due-to-supply-chain-delays/
2. Trailer sales - https://www.openpr.com/news/2491852/demand-for-trailer-axle-market-to-surge-in-the-end-use-industry
3. EV - https://www.autonews.com/shift/ev-semi-coming-just-not-quickly-other-evs
4. Port backlog - https://www.freightwaves.com/news/port-of-vancouver-ship-backlog-hits-60
5. Savannah = https://gcaptain.com/port-of-savannah-sets-monthly-cargo-record-in-november-as-capacity-improvements-pay-off/
6. Margins - https://www.clearwatertimes.com/news/all-our-margins-are-gone-supply-chain-challenges-squeeze-small-businesses/
7. Containers - https://www.marketwatch.com/story/americas-new-export-problem-12-1-million-shipping-containers-left-biggest-u-s-ports-empty-11638971489
8. Supply Chain - https://retail-insider.com/retail-insider/2021/12/retail-supply-chain-in-canada-requires-significant-reimagination-amid-consumer-shift-feature/
9. Supply chain - https://ca.movies.yahoo.com/supply-chain-issues-starting-ease-150509062.html
10. Hydrogen - https://www.hydrogenfuelnews.com/fuel-cell-locomotive-cp/8550386/
11. Methane - https://gcaptain.com/first-look-at-maersks-new-green-methanol-powered-containerships/
12. Freight costs – https://economictimes.indiatimes.com/small-biz/trade/exports/insights/shipping-costs-another-danger-for-inflation-watchers-to-navigate/articleshow/88220289.cms
13. ESG - https://ca.finance.yahoo.com/news/sea-land-air-decarbonizing-transportation-213107347.html
14. Innovation - https://www.supplychain247.com/article/7_transportation_logistics_technology_trends_to_watch/legacy_supply_chain_services
Both services-producing (+0.6%) and goods-producing (+0.5%) industries were up, as 17 of 20 industrial sectors posted increases in November.
Advance information indicates that real GDP for December was essentially unchanged. Widespread increases led by the manufacturing, agriculture, forestry, fishing and hunting, utilities and wholesale trade sectors were offset by declines in the accommodation and food services, mining, quarrying, and oil and gas extraction and retail trade sectors. This advance information for real GDP by industry indicates a 1.6% uptick in the fourth quarter of 2021 and a rebound of 4.9% in the year following the pandemic-induced decline observed in 2020. Given their preliminary nature, these estimates will be updated on March 1, 2022 with the release of the official GDP data for December and the fourth quarter of 2021.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220201/dq220201a-eng.htm
1. Inflation and Canada – https://www.fool.ca/2022/01/31/holding-onto-tonnes-of-cash-heres-how-much-of-it-that-inflation-would-destroy-in-a-decade/
2. Housing - https://financialpost.com/real-estate/busting-the-myth-of-canadas-million-or-more-vacant-homes
3. Supply chain task force - https://canada.autonews.com/manufacturing/supply-chain-issues-be-tackled-new-federal-task-force
4. Mining - https://miningglobal.com/top10/top-10-countries-based-on-natural-resources
5. Electrical vehicles - https://ipolitics.ca/2022/01/31/lobby-wrap-auto-industry-wants-training-as-ev-sales-rise/
6. Middle class - https://www.usatoday.com/story/money/2022/01/31/lost-factory-jobs-make-harder-move-into-middle-class-report-says/9213089002/?gnt-cfr=1
7. Consumer spending - https://www.hellenicshippingnews.com/weaker-u-s-consumer-spending-rising-inflation-pose-dilemma-for-fed/
8. Commodity prices - https://www.hellenicshippingnews.com/commodity-prices-likely-to-be-hit-by-slowdown-before-end-of-2023/
9. ESG - https://www.reuters.com/business/sustainable-business/euroclear-teams-up-with-fintech-expand-esg-services-2022-01-31/
10. Insurance risk - https://www.insurancebusinessmag.com/us/news/environmental/environmental-insurance--what-are-the-concerns-323760.aspx
11. Geopolitical Risks - https://www.reuters.com/business/rising-geopolitical-tension-demand-send-oil-price-outlook-soaring-2022-01-31/
12. 2022-2023 – Budget - https://globalnews.ca/news/8585003/federal-budget-plan-2022/
Blog – What is next for the Global Economy – October 2022
The global economy faces many challenges including high inflation and geopolitical risks.
Global debt levels are a deep concern for central banks as interest rates continue to rise
All levels of government need to re-think their progressive agenda. More needs to be done to reign in government spending. More emphasis needs to be on digital government and value for money as it relates to program spending and performance
Closing tax loopholes should be a priority for all levels of government as part bringing in tax fairness
Countries like Canada need to do more to streamline their regulatory process as part of getting goods out of the ground to market.
Farmers need more policy support as part of adopting vertical and expert farming practices. Food security and costs continue to be an issue for governments around the world
Power grid will require trillions of investments as it moves to net zero. Low electricity rates are likely a thing of the past. The capital recovery by electrical power generators will see a rise in rates.
The world needs to find ways to bring peace to world. United Nations needs to do a better job working with countries to resolved political issues with countries.
Fiscal and Economic Scorecard - Canada - January 2022 and February 2022 .pptxpaul young cpa, cga
Blog – How is Canada’s Economy performing for February 2022 and January 2022
Here is my latest report on the health of Canadian economy. Chrystia Freeland continues to say the fundamentals are strong. If Ms. Freeland is referring to debt driven economy, then she is right. There are many challenges facing the Canadian economy:
a) Low productivity
b) Inability to develop natural resources in a sustainable way
c) The new climate change policies that are more about optics than sound policies
d) Food and energy crisis
e) High inflation
f) High household debt
g) Skills gaps and more business automation
h) Issues with attracting FDI
i) Lack of innovation investment within Canada
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...paul young cpa, cga
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
The document discusses a presentation on the stock market. It includes a biography of the presenter Paul Young, an agenda covering various stock markets and topics including TSX Canada, US markets, auditing, corporate reporting, automation, geopolitical risks, and regional scorecards. It also includes links to additional documents on related topics such as Canada and US stock markets, Bank of Canada monetary policies, OECD inflation, global stock markets, auditing, corporate reporting challenges, crisis management, automation, and ESG reporting.
Bank of Canada - What is next for Monetary Policies - April 2022.pptxpaul young cpa, cga
The document discusses monetary policy and its importance to governments. It provides an overview of monetary policy, how the Bank of Canada implements monetary policy, and some of the challenges currently facing the Canadian economy in relation to GDP growth, inflation, housing prices, household debt levels, and productivity. The author expresses concerns that inflation may remain higher than expected due to factors like carbon taxes, critical materials supply issues, and infrastructure investment needs.
What is next for the Stock Market for the week-ending March 18, 2022 paul young cpa, cga
Blog – What is next for the Stock Market – March 18, 2022
Stock markets around the world had their best week in nearly four months.
Global commodity prices continue to be a concern for consumers around the world
USA and other countries like Vietnam continue to look at ways to expand LNG capacity
There are rising fears of stagflation around the globe.
Russia and Ukraine conflict continues to impact the food supply chain
The document is a presentation by Paul Young CPA CGA on the topic "What is up with the Stock Market" for February 4, 2022. It includes sections on Canada and US stock markets, monetary policies by the Bank of Canada, inflation, global stock markets, audit, corporate reporting challenges, crisis management, automation, ESG reporting, geopolitical risks, scorecards for Canada and US, and economic updates on various regions including Asia, Middle East, Europe, South America, and China. It provides links to additional blogs and analyses on these topics by the presenter.
This document contains the slides from a presentation by Paul Young CPA CGA on April 17, 2022 about what is next for the provinces in Canada. The presentation covers many economic and policy topics, organized under headings like economic trends, manufacturing, mining, oil prices, innovation, agriculture, construction, housing, education, healthcare, and public safety. For each topic, the presentation provides data, commentary, and links to additional resources on the topic. The slides include graphs and statistics to illustrate trends in various sectors of the economy and issues facing the provinces.
The document is a presentation by Paul Young CPA CGA on the topic of what is happening with the stock market. Some key points from the presentation include:
- Paul Young's background and credentials in various finance and business fields.
- The agenda covers topics like the stock markets in Canada, the US, and other countries. It also discusses corporate reporting challenges, automation, geopolitical risks, and economic scorecards.
- Sections provide summaries of stock market performance in places like the US, Canada, Australia, Asia, the Middle East, and South America. It also addresses topics such as inflation, auditing, and monetary policies.
- Charts, graphs, and links to additional resources
Geopolitical Risks - Pandemic - Canada and the World - WE June 4, 2022 .pptxpaul young cpa, cga
- The presentation provided an overview of geopolitical events and issues related to viruses, including discussions around inflation, stock markets, wealth, COVID cases/deaths/vaccinations, employment data, and GDP forecasts.
- It highlighted challenges facing supply chain management and calls for better crisis management policies and procedures from governments and organizations like the WHO.
- Recent blogs focused on risks around future pandemics, food costs, booster shots, and emerging technologies like gene and immune therapies.
Summary
Canada has one of the slowest growing economies in the G20
Canada is finally adopting Australia similar strategy on taxation and funding for the critical metals
Interest rates are about to rise around the world
Global Inflation continues to challenge both the private and pubic sectors
Global GDP has been downgraded due to ongoing geopolitical events (Ukraine/Russia conflict, new variants, etc.,)
Inflation continues to a drag on consumer spending.
There is global concern about the high level of private and public sector debt
Green inflation continues to play havoc with consumer prices across the globe
There could be a recession in 2023
Geopolitical Events|COVID19|Canada and the World| December 24, 2021paul young cpa, cga
Here is my latest look at viruses as part of mitigation the impact of these viruses on healthcare, GDP, and other areas.
1. Vaccines and new variants https://www.bbc.com/news/av/health-56286744
2. Digital trends - https://techcrunch.com/2021/12/20/the-growing-power-of-digital-healthcare-6-trends-to-watch-in-2022/
3. Mitigation - https://www.cdc.gov/coronavirus/2019-ncov/hcp/mitigating-staff-shortages.html
4. Risk mitigation - https://www.thehindubusinessline.com/money-and-banking/pandemic-has-reinforced-need-for-insurance-and-risk-mitigation/article38020220.ece
5. Business continuity - https://www.techidea.net/elements-of-business-continuity-plan/
6. Emergency Planning - https://www.canterbury.ac.nz/engineering/schools/cnre/news/2021/gps-tracking.html
7. Risk mitigation - https://www.reuters.com/business/healthcare-pharmaceuticals/what-you-need-know-about-coronavirus-right-now-2021-12-24/
8. Supply Chain - https://www.journal-news.com/news/restaurants-turn-to-supply-chain-surcharge-to-survive-higher-costs/LOTGO3QD5RCK7LWV7LHXYUXDEA/
9. Variants - https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/when-will-the-covid-19-pandemic-end
10. Variants - https://www.nature.com/articles/d41586-021-03619-8
Blog – What is up with the Stock Market – WE – February 25, 2022
Volatility spiked last week as Russia launched a full invasion of Ukraine, and Western countries responded with sanctions. The combination of heightened geopolitical risk, ongoing inflation pressures, and tightening central-bank policy pushed equities further into correction territory, declining 12% from their Jan. 3 high before rebounding later in the week. Commodities surged, and traditional safe heavens, such as bonds and the U.S. dollar, rallied1.
While we acknowledge that the current backdrop poses fresh challenges for the global recovery, we think that fundamental conditions remain supportive enough to prevent the current correction from becoming something worse, like a bear market. We'd offer the following perspective on the recent developments and provide some rules for the road to navigate the current volatility.
Source - https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
Geopolitical Risks and Threats - Pandemic and Other Risks - Canada and the Wo...paul young cpa, cga
World continues to struggle with broken healthcare systems as part of managing future pandemics and other medical treatments.
Little has been done by all levels of government to address the healthcare delivery model.
Global Automotive Sector - Analysis and Commentary - June 2022.pptxpaul young cpa, cga
Canada ZEV are about 6.2% of total vehicle sales, or about 8.4K to 12K per month. Global ZEV sales are about 13% of total automotive sales. There is misnomer as ZEV are not zero emission, especially as EMEA generates nearly 50% of its power requirements from non-clean sources of energy.
There are significant challenges with lithium, rare metals, and cobalt supplies that are forcing up the cost of electrical vehicles.
Brownouts are a fear due to many governments pushing their zero emissions agenda at all costs
Farmer in Netherlands continue to show their frustration with tougher environmental laws. Food costs and security are enormous issues for countries around the world.
There seems to be little appetite to push hybrid vehicles as well as deal with gas taxes as part of managing the cost of gasoline.
Key Macro and Micro Indicators| United States| October 2021 and September 2021paul young cpa, cga
The document provides a summary of key performance indicators for the United States economy in October and September 2021. It includes GDP growth, durable goods orders, retail sales, inflation, employment, trade deficits, stock market performance, housing starts, and fiscal updates. The author, Paul Young CPA CGA, is an expert in various areas of business and economics and provides the information as well as contact details for further discussion.
- Canada and the world were facing rising food costs and security issues before Russia's invasion of Ukraine. Inflation and the high costs of inputs like fuel, fertilizer, and electricity were already problematic for farmers.
- The document discusses factors contributing to rising food prices such as commodity prices, transportation and supply chain issues. It also provides perspectives from agriculture company financial statements.
- Solutions proposed include increasing domestic production capacity, streamlining regulations, investing in infrastructure, and adopting new farming technologies like vertical and expert farming. However, taxes and policies under the current government are seen as hindering efforts to improve food costs and security.
Fiscal and Economic Scorecar| The United States| December 2021 and November 2021paul young cpa, cga
Blog – Economic and Fiscal Scorecard – The United States – December 2021 and November 2021
The USA show a strong GDP growth for 2021.
The USA healthcare system continues to face many challenges.
Wage growth hit the highest growth in decades.
High inflation and the cost of housing are big concerns for Americans.
Business automation continues to be a key focus areas for both the private and public Sectors.
1. USA GDP - https://www.piie.com/blogs/realtime-economic-issues-watch/us-economy-grew-faster-expected-2021-pandemic-transformed-its
2. Stock market - https://www.marketwatch.com/story/here-are-the-good-things-rbc-sees-in-the-u-s-stock-market-following-januarys-selloff-11643660195
3. Overworked - https://20somethingfinance.com/american-hours-worked-productivity-vacation/
4. Productivity - https://www.forbes.com/sites/forbestechcouncil/2022/01/25/fixed-broadband-network-performance-key-to-us-productivity/?sh=7f8f8526333c
5. Wages - https://www.piie.com/blogs/realtime-economic-issues-watch/us-wages-grew-fastest-pace-decades-2021-prices-grew-even-more
6. Fab production - https://www.fierceelectronics.com/electronics/chip-fabs-are-coming-us-will-there-be-enough-skilled-workers
7. Critical metals - https://ca.proactiveinvestors.com/companies/news/972757/australian-strategic-materials-well-funded-to-advance-critical-metals-asset-in-nsw-and-south-korean-value-add-972757.html
8. Circular and green economy - https://www2.deloitte.com/global/en/pages/energy-and-resources/articles/reshaping-traditional-value-chains.html
9. Food costs - https://www.kwtx.com/2022/01/31/grocery-store-prices-continue-rise-amid-inflation-supply-chain-issues/
10. Housing - https://www.fox5atlanta.com/money/homeownership-prices-rise-affordability-falls
11. Healthcare - https://www.fox5atlanta.com/money/homeownership-prices-rise-affordability-falls
12. Automation - https://www.protocol.com/enterprise/google-cloud-automation-anywhere-rpa
13. Business trends - https://www.protocol.com/enterprise/google-cloud-automation-anywhere-rpa
14. RPA - https://enterprisersproject.com/article/2022/1/4-robotic-process-automation-rpa-trends-watch-2022
Geopolitical Events|COVID19|Canada and the World| January 7, 2022paul young cpa, cga
Summary:
Healthcare systems continue to struggle with new variants. All levels of government need to rethink all aspects of its healthcare delivery model.
More emphasis needs to be on improving the immune systems, gene therapy, and better crisis management reporting.
1. COVID Variants and Global GDP – https://www.theguardian.com/business/2022/jan/01/global-economy-growth-forecast-2022-inflation
2. Healthcare system - https://nationalpost.com/opinion/sabrina-maddeaux-canadas-constantly-collapsing-health-care-system-is-no-match-for-the-pandemic
3. Healthcare system - https://www.theatlantic.com/health/archive/2022/01/omicron-mild-hospital-strain-health-care-workers/621193/
4. Global threats - https://www.wtvy.com/2022/01/03/next-global-health-crisis-may-lurk-antibiotic-resistant-bacteria/
5. Crisis Management - https://www.barrons.com/articles/covid-crisis-lessons-for-the-u-s-how-to-handle-the-next-pandemic-better-51641581199
6. Viruses - https://www.yourvalley.net/stories/nichols-cdc-fauci-have-failed-to-find-virus-treatment,279395
7. Immune system - https://techcrunch.com/2022/01/04/the-convergence-of-deep-neural-networks-and-immunotherapy/
8. Data and AI - https://theconversation.com/when-researchers-dont-have-the-proteins-they-need-they-can-get-ai-to-hallucinate-new-structures-173209
9. Variants - https://www.deseret.com/u-s-world/2022/1/6/22868304/omicron-variant-symptoms-next-major-covid-19-variant
10. Gene therapy - https://www.marketwatch.com/press-release/regenerative-medicine-market-recovery-and-impact-analysis-research-report-2022-2027-2022-01-03?tesla=y
Geopolitics - Risk and Threats - Variants and Disease Management - August 14,...paul young cpa, cga
Summary
All levels of government along with the private sector need to addressing failings of the healthcare model. Privatization should be part of improving the healthcare model as better way to managed patient care. The Drummond Report stated years ago that government need to move a homecare base model as part of managing the costs of healthcare - https://financialpost.com/opinion/the-drummond-report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it
The governance model for all levels of government needs to change including more performance and operational audits. There needs to mandatory crisis and emergency management reports including annual audits of those reports.
Drug costs continue to be an issue. Pharma and Biotech invest money into R&D as such want patent protection over their discovery. All levels of governments along with private insurance companies need to work together as part of reducing drug costs.
Government around continues to struggle with delivery program spending in a way that improves outcomes. Key programs like healthcare and dental care need a thorough review to ensure these programs are effective in terms of improving outcomes.
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.
More Related Content
Similar to GDP Analysis and Commentary - Canada - January 2022.pptx
Bank of Canada - What is next for Monetary Policies - April 2022.pptxpaul young cpa, cga
The document discusses monetary policy and its importance to governments. It provides an overview of monetary policy, how the Bank of Canada implements monetary policy, and some of the challenges currently facing the Canadian economy in relation to GDP growth, inflation, housing prices, household debt levels, and productivity. The author expresses concerns that inflation may remain higher than expected due to factors like carbon taxes, critical materials supply issues, and infrastructure investment needs.
What is next for the Stock Market for the week-ending March 18, 2022 paul young cpa, cga
Blog – What is next for the Stock Market – March 18, 2022
Stock markets around the world had their best week in nearly four months.
Global commodity prices continue to be a concern for consumers around the world
USA and other countries like Vietnam continue to look at ways to expand LNG capacity
There are rising fears of stagflation around the globe.
Russia and Ukraine conflict continues to impact the food supply chain
The document is a presentation by Paul Young CPA CGA on the topic "What is up with the Stock Market" for February 4, 2022. It includes sections on Canada and US stock markets, monetary policies by the Bank of Canada, inflation, global stock markets, audit, corporate reporting challenges, crisis management, automation, ESG reporting, geopolitical risks, scorecards for Canada and US, and economic updates on various regions including Asia, Middle East, Europe, South America, and China. It provides links to additional blogs and analyses on these topics by the presenter.
This document contains the slides from a presentation by Paul Young CPA CGA on April 17, 2022 about what is next for the provinces in Canada. The presentation covers many economic and policy topics, organized under headings like economic trends, manufacturing, mining, oil prices, innovation, agriculture, construction, housing, education, healthcare, and public safety. For each topic, the presentation provides data, commentary, and links to additional resources on the topic. The slides include graphs and statistics to illustrate trends in various sectors of the economy and issues facing the provinces.
The document is a presentation by Paul Young CPA CGA on the topic of what is happening with the stock market. Some key points from the presentation include:
- Paul Young's background and credentials in various finance and business fields.
- The agenda covers topics like the stock markets in Canada, the US, and other countries. It also discusses corporate reporting challenges, automation, geopolitical risks, and economic scorecards.
- Sections provide summaries of stock market performance in places like the US, Canada, Australia, Asia, the Middle East, and South America. It also addresses topics such as inflation, auditing, and monetary policies.
- Charts, graphs, and links to additional resources
Geopolitical Risks - Pandemic - Canada and the World - WE June 4, 2022 .pptxpaul young cpa, cga
- The presentation provided an overview of geopolitical events and issues related to viruses, including discussions around inflation, stock markets, wealth, COVID cases/deaths/vaccinations, employment data, and GDP forecasts.
- It highlighted challenges facing supply chain management and calls for better crisis management policies and procedures from governments and organizations like the WHO.
- Recent blogs focused on risks around future pandemics, food costs, booster shots, and emerging technologies like gene and immune therapies.
Summary
Canada has one of the slowest growing economies in the G20
Canada is finally adopting Australia similar strategy on taxation and funding for the critical metals
Interest rates are about to rise around the world
Global Inflation continues to challenge both the private and pubic sectors
Global GDP has been downgraded due to ongoing geopolitical events (Ukraine/Russia conflict, new variants, etc.,)
Inflation continues to a drag on consumer spending.
There is global concern about the high level of private and public sector debt
Green inflation continues to play havoc with consumer prices across the globe
There could be a recession in 2023
Geopolitical Events|COVID19|Canada and the World| December 24, 2021paul young cpa, cga
Here is my latest look at viruses as part of mitigation the impact of these viruses on healthcare, GDP, and other areas.
1. Vaccines and new variants https://www.bbc.com/news/av/health-56286744
2. Digital trends - https://techcrunch.com/2021/12/20/the-growing-power-of-digital-healthcare-6-trends-to-watch-in-2022/
3. Mitigation - https://www.cdc.gov/coronavirus/2019-ncov/hcp/mitigating-staff-shortages.html
4. Risk mitigation - https://www.thehindubusinessline.com/money-and-banking/pandemic-has-reinforced-need-for-insurance-and-risk-mitigation/article38020220.ece
5. Business continuity - https://www.techidea.net/elements-of-business-continuity-plan/
6. Emergency Planning - https://www.canterbury.ac.nz/engineering/schools/cnre/news/2021/gps-tracking.html
7. Risk mitigation - https://www.reuters.com/business/healthcare-pharmaceuticals/what-you-need-know-about-coronavirus-right-now-2021-12-24/
8. Supply Chain - https://www.journal-news.com/news/restaurants-turn-to-supply-chain-surcharge-to-survive-higher-costs/LOTGO3QD5RCK7LWV7LHXYUXDEA/
9. Variants - https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/when-will-the-covid-19-pandemic-end
10. Variants - https://www.nature.com/articles/d41586-021-03619-8
Blog – What is up with the Stock Market – WE – February 25, 2022
Volatility spiked last week as Russia launched a full invasion of Ukraine, and Western countries responded with sanctions. The combination of heightened geopolitical risk, ongoing inflation pressures, and tightening central-bank policy pushed equities further into correction territory, declining 12% from their Jan. 3 high before rebounding later in the week. Commodities surged, and traditional safe heavens, such as bonds and the U.S. dollar, rallied1.
While we acknowledge that the current backdrop poses fresh challenges for the global recovery, we think that fundamental conditions remain supportive enough to prevent the current correction from becoming something worse, like a bear market. We'd offer the following perspective on the recent developments and provide some rules for the road to navigate the current volatility.
Source - https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
Geopolitical Risks and Threats - Pandemic and Other Risks - Canada and the Wo...paul young cpa, cga
World continues to struggle with broken healthcare systems as part of managing future pandemics and other medical treatments.
Little has been done by all levels of government to address the healthcare delivery model.
Global Automotive Sector - Analysis and Commentary - June 2022.pptxpaul young cpa, cga
Canada ZEV are about 6.2% of total vehicle sales, or about 8.4K to 12K per month. Global ZEV sales are about 13% of total automotive sales. There is misnomer as ZEV are not zero emission, especially as EMEA generates nearly 50% of its power requirements from non-clean sources of energy.
There are significant challenges with lithium, rare metals, and cobalt supplies that are forcing up the cost of electrical vehicles.
Brownouts are a fear due to many governments pushing their zero emissions agenda at all costs
Farmer in Netherlands continue to show their frustration with tougher environmental laws. Food costs and security are enormous issues for countries around the world.
There seems to be little appetite to push hybrid vehicles as well as deal with gas taxes as part of managing the cost of gasoline.
Key Macro and Micro Indicators| United States| October 2021 and September 2021paul young cpa, cga
The document provides a summary of key performance indicators for the United States economy in October and September 2021. It includes GDP growth, durable goods orders, retail sales, inflation, employment, trade deficits, stock market performance, housing starts, and fiscal updates. The author, Paul Young CPA CGA, is an expert in various areas of business and economics and provides the information as well as contact details for further discussion.
- Canada and the world were facing rising food costs and security issues before Russia's invasion of Ukraine. Inflation and the high costs of inputs like fuel, fertilizer, and electricity were already problematic for farmers.
- The document discusses factors contributing to rising food prices such as commodity prices, transportation and supply chain issues. It also provides perspectives from agriculture company financial statements.
- Solutions proposed include increasing domestic production capacity, streamlining regulations, investing in infrastructure, and adopting new farming technologies like vertical and expert farming. However, taxes and policies under the current government are seen as hindering efforts to improve food costs and security.
Fiscal and Economic Scorecar| The United States| December 2021 and November 2021paul young cpa, cga
Blog – Economic and Fiscal Scorecard – The United States – December 2021 and November 2021
The USA show a strong GDP growth for 2021.
The USA healthcare system continues to face many challenges.
Wage growth hit the highest growth in decades.
High inflation and the cost of housing are big concerns for Americans.
Business automation continues to be a key focus areas for both the private and public Sectors.
1. USA GDP - https://www.piie.com/blogs/realtime-economic-issues-watch/us-economy-grew-faster-expected-2021-pandemic-transformed-its
2. Stock market - https://www.marketwatch.com/story/here-are-the-good-things-rbc-sees-in-the-u-s-stock-market-following-januarys-selloff-11643660195
3. Overworked - https://20somethingfinance.com/american-hours-worked-productivity-vacation/
4. Productivity - https://www.forbes.com/sites/forbestechcouncil/2022/01/25/fixed-broadband-network-performance-key-to-us-productivity/?sh=7f8f8526333c
5. Wages - https://www.piie.com/blogs/realtime-economic-issues-watch/us-wages-grew-fastest-pace-decades-2021-prices-grew-even-more
6. Fab production - https://www.fierceelectronics.com/electronics/chip-fabs-are-coming-us-will-there-be-enough-skilled-workers
7. Critical metals - https://ca.proactiveinvestors.com/companies/news/972757/australian-strategic-materials-well-funded-to-advance-critical-metals-asset-in-nsw-and-south-korean-value-add-972757.html
8. Circular and green economy - https://www2.deloitte.com/global/en/pages/energy-and-resources/articles/reshaping-traditional-value-chains.html
9. Food costs - https://www.kwtx.com/2022/01/31/grocery-store-prices-continue-rise-amid-inflation-supply-chain-issues/
10. Housing - https://www.fox5atlanta.com/money/homeownership-prices-rise-affordability-falls
11. Healthcare - https://www.fox5atlanta.com/money/homeownership-prices-rise-affordability-falls
12. Automation - https://www.protocol.com/enterprise/google-cloud-automation-anywhere-rpa
13. Business trends - https://www.protocol.com/enterprise/google-cloud-automation-anywhere-rpa
14. RPA - https://enterprisersproject.com/article/2022/1/4-robotic-process-automation-rpa-trends-watch-2022
Geopolitical Events|COVID19|Canada and the World| January 7, 2022paul young cpa, cga
Summary:
Healthcare systems continue to struggle with new variants. All levels of government need to rethink all aspects of its healthcare delivery model.
More emphasis needs to be on improving the immune systems, gene therapy, and better crisis management reporting.
1. COVID Variants and Global GDP – https://www.theguardian.com/business/2022/jan/01/global-economy-growth-forecast-2022-inflation
2. Healthcare system - https://nationalpost.com/opinion/sabrina-maddeaux-canadas-constantly-collapsing-health-care-system-is-no-match-for-the-pandemic
3. Healthcare system - https://www.theatlantic.com/health/archive/2022/01/omicron-mild-hospital-strain-health-care-workers/621193/
4. Global threats - https://www.wtvy.com/2022/01/03/next-global-health-crisis-may-lurk-antibiotic-resistant-bacteria/
5. Crisis Management - https://www.barrons.com/articles/covid-crisis-lessons-for-the-u-s-how-to-handle-the-next-pandemic-better-51641581199
6. Viruses - https://www.yourvalley.net/stories/nichols-cdc-fauci-have-failed-to-find-virus-treatment,279395
7. Immune system - https://techcrunch.com/2022/01/04/the-convergence-of-deep-neural-networks-and-immunotherapy/
8. Data and AI - https://theconversation.com/when-researchers-dont-have-the-proteins-they-need-they-can-get-ai-to-hallucinate-new-structures-173209
9. Variants - https://www.deseret.com/u-s-world/2022/1/6/22868304/omicron-variant-symptoms-next-major-covid-19-variant
10. Gene therapy - https://www.marketwatch.com/press-release/regenerative-medicine-market-recovery-and-impact-analysis-research-report-2022-2027-2022-01-03?tesla=y
Geopolitics - Risk and Threats - Variants and Disease Management - August 14,...paul young cpa, cga
Summary
All levels of government along with the private sector need to addressing failings of the healthcare model. Privatization should be part of improving the healthcare model as better way to managed patient care. The Drummond Report stated years ago that government need to move a homecare base model as part of managing the costs of healthcare - https://financialpost.com/opinion/the-drummond-report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it
The governance model for all levels of government needs to change including more performance and operational audits. There needs to mandatory crisis and emergency management reports including annual audits of those reports.
Drug costs continue to be an issue. Pharma and Biotech invest money into R&D as such want patent protection over their discovery. All levels of governments along with private insurance companies need to work together as part of reducing drug costs.
Government around continues to struggle with delivery program spending in a way that improves outcomes. Key programs like healthcare and dental care need a thorough review to ensure these programs are effective in terms of improving outcomes.
Similar to GDP Analysis and Commentary - Canada - January 2022.pptx (20)
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
The document provides an overview of key metrics and trends in the logistics, warehousing, distribution, and transportation sector. It includes data on consumer price index, diesel fuel costs, freight indexes, e-commerce sales, retail sales, class 8 truck sales, EPA emissions standards, trailer sales, and tonnage. It also discusses supply chain management solutions like planning analytics, blockchain, and AI assistants. Finally, it touches on topics like infrastructure spending, automation, and ESG reporting.
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
United States retail sales rose 0.6% in August despite flat sales at internet retailers after Amazon Prime Day. Most of the increase was due to higher gasoline prices. While consumer spending has been strong, higher interest rates and a slowdown in hiring are expected to restrain purchases in the coming months. Forecasters predict the 2023 holiday shopping season could be the weakest in five years due to economic challenges facing consumers. The retail sector continues facing inventory management challenges and social governance issues.
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
This document provides a summary of strategies to improve governance in government. It discusses factors that impact governance like transparency and accountability. It recommends using performance audits to assess key performance indicators and ensure recommendations are implemented. Other strategies include improving data ethics and literacy, mitigating geopolitical risks, adopting ESG reporting, and using technology like audit analytics and AI to enhance governance. The overall goal is for government to deliver programs and tax policies with value for money and transparency.
This document provides an analysis of the agriculture output and equipment sector for August 2023. It includes discussions of commodity prices, crop estimates, energy prices, food prices, farming incomes, top farming states, food processors, and the role of technology and government in farming. Key points covered include rising input costs challenging farmers, preliminary crop estimates for Canada, volatility in oil and diesel prices impacting farm expenses, and opportunities for data and automation to help address issues in the agriculture industry.
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
- An introduction and biography of presenter Paul Young CPA CGA
- An agenda covering topics like vaccine production, drug discovery, innovation in areas like storage and AI, and the life sciences strategy
- Links and summaries of information on these topics, including the top vaccine manufacturers, regulations in Canada, and growth in the pharmaceutical market
The presentation aims to discuss key areas of the biotech/pharmaceutical sector including vaccine development and production, drug discovery, innovation, and strategies for the life sciences industry. Links and outside sources are provided to support the topics in the agenda.
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
This document discusses using analytics to improve public safety management. It outlines rising public safety costs for governments and key issues facing policing like complex crimes and accountability. The document presents crime rate data for Canada and discusses building machine learning models in SPSS and dashboards in Cognos Analytics to analyze police data and forecast expenses. Finally, it lists potential next steps for crime in Canada like bail and corrections reforms, gun control, and increased police oversight.
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
The document discusses workforce planning and employment analysis. It provides an overview of employment statistics in the United States, Canada, and Australia. It then discusses Sysco's workforce planning model and the role of the CFO in workforce planning. Finally, it defines autonomous finance as the automation of financial operations through software and algorithms, and provides some key statistics on its adoption.
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
This presentation provides an overview of key trends in the global automotive sector in August 2023. It discusses 1) sales trends in Canada, the US and globally, 2) the growth of electric vehicles and focus on reducing emissions, and 3) ongoing transformation in the industry through automation, connectivity and new technologies. Sources included discuss topics like electric vehicle production and adoption, public safety issues regarding EV fires, gasoline and car prices, supply chain challenges, and green transitions in transportation.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
[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.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
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.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
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?
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.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
"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.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
• GDP Forecast
• G7 GDP
• Employment Growth vs GDP Growth
• GDP by Industry
• GDP per capita
• Blog / Slow Growth
• Blog / Circular Economy
• Stock Market
• Supply Chain
• Green Inflation with the Circular and Green Economy
• Automation
• Summary
• Education/Skills Development
6. GDP BY INDUSTRY
Summary:
Advance information indicates an approximate 0.8% expansion in real GDP in February. Notable
increases were observed in the manufacturing sector as well as in mining, quarrying, and oil and gas
extraction, accommodation and food services, and construction. Utilities contracted following strong
activity in January, due primarily to cold temperatures. Owing to its preliminary nature, this estimate will
be updated on April 30 with the release of the official GDP data for February.
https://www150.statcan.gc.ca/n1/daily-quotidien/220331/dq220331a-eng.htm
GDP by Sector -
Canada - January 2022.pdf
11. BLOG – SLOW GROWTH
• Canada’s economy went from 3% in 2017 to 1.9% in 2019. The USA economy grew at 2.2% in 2019.
• Canada took $1B surplus YTD Nov/15 and turned that into 15B+ deficit for growth on average of 2.0%. The CPC
were averaging 2.3% growth post-2009 recession.
• Goods-service sector lags the service sector in terms of job growth
• All levels of government have not prioritized the supply chain including making key products strategic to the
health of the economy - https://www.slideshare.net/paulyoungcga/how-to-reshore-supply-chain-management
Here is my previous work on the economy:
• 2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada
• 2018 https://www.slideshare.net/paulyoungcga/gdp-canada-the-real-truth
• Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
• Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020
• Pandemic
• https://www.slideshare.net/paulyoungcga/how-best-to-managed-a-pandemic-february-14-2021
12. CIRCULAR ECONOMY AND THE
ENVIRONMENT
Here is a brief look at the circular economy. Data, AI, security, and platform can play a key role in
supporting the low-carbon economy. https://www.slideshare.net/paulyoungcga/how-to-maximized-
the-circular-economy-249424158
13. PRESENTATION TITLE 13
Summary:
U.S. equities were higher at the close on Friday, as gains in the Technology, Consumer Services and Consumer Goods sectors propelled shares
higher.
At the close in NYSE, the Dow Jones Industrial Average rose 0.80%, while the S&P 500 index climbed 1.17%, and the NASDAQ Composite
index climbed 2.05%.
The biggest gainers of the session on the Dow Jones Industrial Average were Salesforce.com Inc (NYSE:CRM), which rose 3.96% or 8.33 points
to trade at 218.74 at the close. Nike Inc (NYSE:NKE) added 2.98% or 3.80 points to end at 131.21 and Visa Inc Class A (NYSE:V) was up 2.65%
or 5.65 points to 219.10 in late trade.
Biggest losers included Verizon Communications Inc (NYSE:VZ), which lost 2.39% or 1.25 points to trade at 51.11 in late trade. Johnson &
Johnson (NYSE:JNJ) declined 1.11% or 1.97 points to end at 174.83 and Dow Inc (NYSE:DOW) shed 0.67% or 0.42 points to 62.42.
Source - https://ca.investing.com/news/stock-market-news/us-shares-higher-at-close-of-trade-dow-jones-industrial-average-up-080-2657089
1. Geopolitical risks - https://blogs.cfainstitute.org/investor/2022/03/18/the-russia-ukraine-war-and-other-geopolitical-risks/
2. Commodity - https://www.atb.com/wealth/good-advice/markets/rising-commodity-prices-and-their-impacts/ and
https://www.mining.com/web/the-worlds-biggest-commodities-markets-are-starting-to-seize-up/
3. LNG - https://www.houstonchronicle.com/business/energy/article/Venture-Global-pushes-forward-2-new-LNG-17012163.php and
https://www.globalconstructionreview.com/samsung-in-940m-contract-to-build-lng-power-plant-in-vietnam/
4. Housing - https://www.bnnbloomberg.ca/rising-mortgage-rates-won-t-be-enough-to-end-u-s-housing-boom-1.1739745
5. Debt https://www.bnnbloomberg.ca/video/growing-risk-of-broader-sovereign-debt-crisis-around-the-world-legal-expert~2405374 and
https://www.bnnbloomberg.ca/russia-default-fears-ease-as-key-debt-payments-reach-investors-1.1739477
6. Inflation - https://www.brookings.edu/blog/future-development/2022/03/18/inflation-could-wreak-vengeance-on-the-worlds-poor/
7. ESG - https://www.jdsupra.com/legalnews/companies-should-know-benefits-and-5755484/ and https://www.wolterskluwer.com/en/expert-
insights/the-5-biggest-hurdles-to-effective-esg-reporting
8. Stagflation - https://www.etftrends.com/active-etf-channel/threat-of-stagflation-and-recession-fears-could-push-yields-lower/
9. Food costs - https://ca.finance.yahoo.com/news/soaring-prices-everything-used-food-110008963.html
10. Critical Metals - https://investorintel.com/market-analysis/market-analysis-intel/jack-lifton-on-how-the-demand-for-critical-materials-for-
consumer-goods-has-made-china-the-center-of-the-earth/
Blog – What is next for the Stock Market – March 18, 2022
Rate Hikes Dot the
Landscape.pdf
Stock market news
live updates Stocks deliver best weekly performance since November 2020 as S&P 500 jumps 6% from last week.pdf
WestpacWeekly.pdf
WestpacWeekly.pdf The Russia–Ukraine
War and Other Geopolitical Risks CFA Institute Enterprising Investor.pdf
Rising commodity
prices and their impacts ATB Financial.pdf
The world’s biggest
commodities markets are starting to seize up - MINING.COM.pdf
Venture Global
pushes forward 2 new LNG facilities in Louisiana as global demand soars.pdf
Samsung in $940m
contract to build LNG power plant in Vietnam - Global Const
Rising Mortgage
Rates Won’t Be Enough to End U.S. Housing Boom - BNN Bloomberg.pdf
Growing risk of
broader sovereign debt crisis around the world Legal expert - Video - BNN.pdf
Russia default fears
ease as key debt payments reach investors - BNN Bloomberg.pdf
Inflation could wreak
vengeance on the world’s poor.pdf
Companies Should
Know Benefits and Risks of ESG Reporting Miles & Stockbridge P.C. - JDSupra.pdf
The 5 biggest
hurdles to effective ESG reporting Wolters Kluwer.pdf
Threat of Stagflation
and Recession Fears Could Push Yields Lower.pdf
Soaring Prices for
Everything Used to Make Food Brings More Inflation.pdf
How the demand for
Critical Materials for consumer goods has already made China the center of the Earth..pdf
U.S. shares higher at
close of trade; Dow Jones Industrial Average up 0.80% By Investing.com.pdf
Summary:
U.S. equities were higher at the close on Friday, as gains in the Technology, Consumer Services
and Consumer Goods sectors propelled shares higher.
At the close in NYSE, the Dow Jones Industrial Average rose 0.80%, while the S&P 500 index
climbed 1.17%, and the NASDAQ Composite index climbed 2.05%.
The biggest gainers of the session on the Dow Jones Industrial Average were Salesforce.com Inc
(NYSE:CRM), which rose 3.96% or 8.33 points to trade at 218.74 at the close. Nike Inc
(NYSE:NKE) added 2.98% or 3.80 points to end at 131.21 and Visa Inc Class A (NYSE:V) was
up 2.65% or 5.65 points to 219.10 in late trade.
Biggest losers included Verizon Communications Inc (NYSE:VZ), which lost 2.39% or 1.25
points to trade at 51.11 in late trade. Johnson & Johnson (NYSE:JNJ) declined 1.11% or 1.97
points to end at 174.83 and Dow Inc (NYSE:DOW) shed 0.67% or 0.42 points to 62.42.
Source - https://ca.investing.com/news/stock-market-news/us-shares-higher-at-close-of-trade-dow-
jones-industrial-average-up-080-2657089
1. Geopolitical risks - https://blogs.cfainstitute.org/investor/2022/03/18/the-russia-ukraine-war-
and-other-geopolitical-risks/
2. Commodity - https://www.atb.com/wealth/good-advice/markets/rising-commodity-prices-and-
their-impacts/ and https://www.mining.com/web/the-worlds-biggest-commodities-markets-
are-starting-to-seize-up/
15. UNITED STATES – STOCK MARKET
PRESENTATION TITLE 15
US market close
Indices wobble before bell, Nasdaq falls.pdf
16. PRESENTATION TITLE 16
Summary:
Stocks surged into the close reversing earlier losses on Friday as investors took in earnings results from some major tech
companies and another hot print on inflation at the end of another volatile week.
The S&P 500 closed up 2.4%, posting a weekly advance and ending a three-week losing streak. The the Dow ended
higher by 1.65%, and Nasdaq gained 3%.
Technology stocks led the way higher as Apple (AAPL) jumped after the iPhone-maker reported record quarterly sales
and better-than-expected profits despite supply chain challenges. Meanwhile, Robinhood (HOOD) shares shook off
overnight losses to trade higher after the trading platform missed on quarterly revenue, posted a larger-than-expected
quarterly decline in users, and offered disappointing guidance.
Source - https://ca.finance.yahoo.com/news/stock-market-news-live-updates-january-28-2022-231329863.html
1. Stock Market - https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-rally-steps-up-as-apple-
leads-but-be-wary-5-key-earnings/
2. Commodity - https://capital.com/commodity-supercycle-explained
3. Geopolitical risks - https://www.eurasiagroup.net/issues/top-risks-2022
4. Income inequality - https://www.advisor.ca/news/economic/income-inequality-improved-to-record-low-in-q3/
5. GDP Growth - https://insurancenewsnet.com/oarticle/gdp-growth-in-2021-signals-a-strong-economic-recovery
6. Housing - https://www.stuff.co.nz/life-style/homed/real-estate/127530138/new-zealands-runaway-housing-market-not-unique-
globally
7. Pensions - https://www.pionline.com/industry-voices/commentary-what-could-mandatory-temperature-alignment-mean-uk-
pension-funds
8. Insurance - https://www.insurancebusinessmag.com/au/news/breaking-news/allianz-boss-lifts-lid-on-risk-barometer-323651.aspx
9. ESG - https://www.wealthprofessional.ca/news/industry-news/canadas-biggest-public-companies-are-lagging-on-esg-
reporting/363539
10. Consumer spending - https://ca.finance.yahoo.com/news/u-consumer-spending-drops-inflation-135649366.html
Blog – Stock Market – W/E – January 28, 2022
globalweekahead202
20128.pdf
weekly-economic-wat
ch_20222801.pdf
BottomLine_20220128
.pdf
CFIB Small Business
Barometer (January 2022).pdf
Stock Equity - WE -
January 28 2022.pdf
WestpacWeekly20220
131.pdf
Commentary What
could mandatory temperature alignment mean for U.K. pension funds Pensions & Investments.pdf
Allianz boss lifts lid
on Risk Barometer Insurance Business Australia.pdf
Canada's biggest
public companies are lagging on ESG reporting Wealth Professional.pdf
U.S. Consumer
Spending Drops With Inflation Hitting 40-Year High.pdf
Stock market news
live updates Stock gains accelerate into the close S&P 500 adds 2.4%.pdf
Dow Jones Futures
Market Rally Steps Up As Apple Leads, But Be Wary; 5 Key Earnings Investor's Business Daily.pdf
What is a commodity
supercycle and are we in one right now .pdf
Eurasia Group Top
Risks 2022.pdf
Income inequality
improved to record low in Q3 Advisor's Edge.pdf
GDP Growth In 2021
Signals A Strong Economic Recovery - InsuranceNewsNet.pdf
New Zealand's
runaway housing market not unique globally Stuff.co.nz.pdf
Summary:
Stocks surged into the close reversing earlier losses on Friday as investors took in earnings
results from some major tech companies and another hot print on inflation at the end of another
volatile week.
The S&P 500 closed up 2.4%, posting a weekly advance and ending a three-week losing streak.
The the Dow ended higher by 1.65%, and Nasdaq gained 3%.
Technology stocks led the way higher as Apple (AAPL) jumped after the iPhone-maker reported
record quarterly sales and better-than-expected profits despite supply chain challenges.
Meanwhile, Robinhood (HOOD) shares shook off overnight losses to trade higher after the
trading platform missed on quarterly revenue, posted a larger-than-expected quarterly decline in
users, and offered disappointing guidance.
Source - https://ca.finance.yahoo.com/news/stock-market-news-live-updates-january-28-2022-
231329863.html
1. Stock Market - https://www.investors.com/market-trend/stock-market-today/dow-jones-
futures-market-rally-steps-up-as-apple-leads-but-be-wary-5-key-earnings/
2. Commodity - https://capital.com/commodity-supercycle-explained
3. Geopolitical risks - https://www.eurasiagroup.net/issues/top-risks-2022
4. Income inequality - https://www.advisor.ca/news/economic/income-inequality-improved-to-
record-low-in-q3/
18. GREEN INFLATION AND THE CIRCULAR AND GREEN ECONOMY
I have written many presentations and blogs on the circular and green economies. My biggest frustration is that policy focus
has been to narrow in areas of carbon tax and more regulations. The main drivers of environment are land, water, forest
management, air quality, and waste management. Technology can play a role with protecting the environment without taxing
and overregulating the economy to death. We need to protect the environment while growing an inclusive economy.
I believe more focus should be on the tax act, R&D, strategic partnerships, standardization of ESG reporting, risk, and crisis
management, reforming the WTO, and better urban and rural planning. Countries that are highest polluters should be forced
to change their ways!
https://www.slideshare.net/paulyoungcga/protecting-the-environment-through-proper-policies-relate-to-green-and-
circular-economy
19. AUTOMATION
Frost & Sullivan’s recent analysis finds that Internet of Things (IoT) adoption is growing in India. Backed by strong
connectivity and coverage, rising internet penetration, a surge in smart applications adoption, new business models,
and government initiatives such as smart city projects, the Indian IoT market is expected to reach $9.28 billion by
2025 from $4.98 billion in 2020. Pandemic-triggered changes in enterprise behavior and verticals’ focus on
automation are driving the market.
https://www.canadianmanufacturing.com/manufacturing/pandemic-accelerated-digital-transformation-and-
adoption-of-automation-fuel-global-iot-market-277565/
India along with other countries will continue to adopt IoT as part of 5G network expansion!
This ties nicely into my work on Industry 4.0 - https://ibm.box.com/s/rsp6p9tez8uru9fo0wu5d13bxt7rtrr0
20. SUMMARY
• Canada had a structural deficit pre-covid 19 of $15B - https://www.nasdaq.com/articles/canada-pms-deal-with-
opposition-party-raises-deficit-inflation-alarm-bells and https://www.slideshare.net/paulyoungcga/canada-fiscal-
management-deficit-and-debt-january-2022pptx
• Trudeau promised a thriving economy that would leave no one behind. That has not been the case as more and more
Canadians are struggling with high household debt - https://www.mpamag.com/ca/news/general/statcan-household-
mortgage-debt-continues-to-mount/399682
• Trudeau move Canada GDP to debt driven through higher real estate and public spending -
https://www.slideshare.net/paulyoungcga/search_my_uploads?type=&new=&q=GDP
• Trudeau policies did little to improve competitiveness - https://www.slideshare.net/paulyoungcga/how-to-improve-
canada-global-competitiveness-251338416
Blog – GDP and Canada – January 2022
Advance information indicates an approximate 0.8% expansion in
real GDP in February. Notable increases were observed in the
manufacturing sector as well as in mining, quarrying, and oil and gas
extraction, accommodation and food services, and construction.
Utilities contracted following strong activity in January, due primarily to
cold temperatures. Owing to its preliminary nature, this estimate will
be updated on April 30 with the release of the official GDP data for
February.
https://www150.statcan.gc.ca/n1/daily-quotidien/220331/dq220331a-
eng.htm
GDP by Sector -
Canada - January 2022.pdf
Unrealized value of
skills vacancies increasing in Canada.pdf
New report by
Deloitte Canada and auticon Canada finds employment barriers, lack of workplace support for autistic community - Bloomberg.pdf
essay1-understandin
g-prosperity-gap-between-australia-canada.pdf
Here’s why
Australians make more money than Canadians Fraser Institute.pdf
The Daily — Natural
resource indicators, fourth quarter 2021.pdf
Inomin Makes New
Critical Minerals Discovery at Beaver Hitting 252 Metres of 20.6% Magnesium, 0.16% Nickel, and 0.33% Chromium INN.pdf
Rare Earths, Scarce
Metals, and the Struggle for Supply Chain Security - Foreign Policy Research Institute.pdf
Canadian Real Estate
Is About To Experience A “Full-Scale Attack,” Warns Big Six Bank - Better Dwelling.pdf
Missing element of
the National Housing Strategy urban, rural and northern Indigenous housing strategy - CHF Canada.pdf
U.S. private payrolls
rise solidly; corporate profits growth slows SaltWire.pdf
Canada plans to
boost oil exports five per cent to ease energy supply crisis Financial Post.pdf
LNG project in
Canada’s east could be sped up to supply Europe - BNN Bloomberg.pdf
Calls for more
charging stations, incentives for EVs in Canada’s climate plan.pdf
Trudeau climate plan
calls for 42% cut in oil and gas emissions - MINING.COM.pdf
Kiewit and Babcock -
carbon capturing.pdf
Laying the
Foundation Canada's 2030 Emissions Reduction Plan - RBC Thought Leadership.pdf
Matthew Lau
Trudeau's failure on economic growth is a firing offence Financial Post.pdf
Henry Hazlitt and the
Failure of Keynesian Economics - Foundation for Economic Education.pdf
1. Competitiveness - https://home.kpmg/ca/en/home/media/press-releases/2022/03/budget-
2022-business-want-innovation-and-growth-focus.html and
https://thebusinesscouncil.ca/publication/budget-2022-must-spur-long-term-growth-and-
prosperity/
2. Skills gaps - https://www.globenewswire.com/news-
release/2022/03/02/2395373/0/en/Unrealized-value-of-skills-vacancies-increasing-in-Canada-
amid-labour-shortage.html
3. Productivity - https://www.fraserinstitute.org/article/heres-why-australians-make-more-
money-than-canadians
4. Mining sector continues to trail real estate and government when it comes to GDP growth -
https://www150.statcan.gc.ca/n1/daily-quotidien/220324/dq220324b-eng.htm
21. TRAINING AND DEVELOPMENT
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