2019 Election| Social Programs and Taxation | Canada | June 2019paul young cpa, cga
This presentation looks at social policy and income inequality as way to highlight the pressure facing government spending around the world.
Countries around the world need to reform their tax policies
Countries around the world need to emphasize value for money as part of delivering program spending.
There needs to be a proper balance between the environment and the economy.
There is middle ground to be achieve between providing social programs and the right level of taxation
Government has a role to provide social programs to its people.
Social programs need to be properly funded and deliver in accordance with value for money
It is nice to provide free things for people, but it not free if someone else is paying for it
There are failures of socialism around the world like Cuba or Venezuela
Wealthiest income – analysis and commentary - Canada - 2016paul young cpa, cga
There is allot written on wealth, especially the top 1%. Many of the articles talk about the top 1% not paying their share of taxes. This presentation will discuss the top 1% and their impact to economy.
The income redistribution is part of wealth distribution. This presentation will explain the trickled down impact of income to support programs like education, healthcare and other social programs.
Canada’s economy has grown about 2% for the past 16+ years. The Liberals came to office and said they will increase GDP growth as the previous government did little in terms of growing the economy.
Canada’s economy for the next decade or so will be on pace for 2% which is the same level from 2000-2015.
Liberals will add $100B in new debt and have the same growth as the previous government of 2%.
Social Spending and Taxation| Government| Sustainability| April 2019paul young cpa, cga
This presentation looks at social policy and income inequality as way to highlight the pressure facing government spending around the world.
Countries around the world need to reform their tax policies
Countries around the world need to emphasize value for money as part of delivering program spending.
There needs to be a proper balance between the environment and the economy.
There is middle ground to be achieve between providing social programs and the right level of taxation
Too many governments are looking at stop gap areas to help shore up support. The problem is many stop gap areas are not strong policies.
If you want to fixed income disparity then it is not by one off policies, but many policies.
Blog – Failure of Trudeanomics
1. Cost of living continues to rise - @JustinTrudeau keeps finding ways to tax people. Trudeau policies are not making things more affordable unless you are friends of the LPC! https://www.slideshare.net/paulyoungcga/cost-of-living-canada-february-2021
2. Housing bubble - https://www.mortgagebrokernews.ca/news/how-likely-is-a-canada-housing-crash-354545.aspx
3. Canada had 15B+ deficit with slower growth before COVID19 - https://ipolitics.ca/2021/03/31/pbo-projects-363-4b-federal-deficit-faster-economic-recovery/
4. Failure to safeguard assets and Canadians - https://www.oag-bvg.gc.ca/internet/English/att__e_43789.html
5. Canada competitiveness slipping - https://www.theguardian.pe.ca/opinion/local-perspectives/kevin-lynch-paul-deegan-atlantic-canada-not-keeping-up-with-the-global-competition-571328/
6. Potential structural issues with unemployment - https://www150.statcan.gc.ca/n1/daily-quotidien/210312/dq210312a-eng.htm
7. Trudeau promised open and transparent government which did not happen
8. Trudeau green reset is also a mistake as internal reports have shown issues with his subsidies program –
Few green energy projects are viable without subsidies, says an internal report at the Department of Natural Resources. Auditors called it a market failure: “Analysis of the financial information was revealing.”
https://www.blacklocks.ca/green-power-subsidy-fueled/
I support green technology if it is viable without direct subsidies.
https://www.slideshare.net/paulyoungcga/protecting-the-environment-through-proper-balance-between-economic-and-economic-policies (3/21)
https://www.slideshare.net/paulyoungcga/2019-election-direct-and-indirect-subsidies-to-businesses-august-2019 (Business subsidies are corporate welfare but gets ignored when these subsidies go to clean technology companies
Answers are with how you better manage the circular economy - https://www.slideshare.net/paulyoungcga/how-to-maximized-the-circular-economy-244067365
9. Slow growth
GDP was running 1.6% at the end of 2019 which is down nearly 40% from 2017.
GDP was in trouble pre-covid19.
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
Jan/21 - https://www.slideshare.net/paulyoungcga/gdp-analysis-and-commentary-canadajanuary-2021
10. Forestry
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-forestry-sector-january-2021
Global Forest Watch found that the world’s forests sequestered about twice as much CO2 as they emitted between 2001 and 2019.
CAN has 9% of the total forest as such this would mean CAN is a carbon sink. So, why does CAN need a carbon tax?
@SeamusORegan
This presentations looks at different aspect of the Canadian economy including key areas like GDP, Retail Sales, Exports, Housing Sales, Innovation and Infrastructure
Guarantee Income| Canada| Analysis and Commentary| February 2019paul young cpa, cga
Social welfare is key area for people, especially when they are in between jobs. The problem is too many governments want to use tax dollars to provide guarantee income to able-body people.
The emphasis on welfare should be given more money to people that need it more in terms their social-economic background
Harper faced 2008-2009 recession which included demands by the opposition to introduce a stimulus - https://www.slideshare.net/paulyoungcga/fiscal-management-cycle-debt-surpluses-deficits-canada-september-2019
Harper was not perfect and did make mistakes but never had any ethical violations like Trudeau - https://www.cbc.ca/news/politics/mario-dion-report-justin-trudeau-1.5247209
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
Canada has been going through a period of slow growth since 2018. The inaction of the Liberals through bad tax policies along regulatory burden have expedited the slow growth. The Liberals approach was not about reforming govt, but growing the size and cost of govt.
At the 2012 CUPE division conventions, National President Paul Moist and Sr. Economist Toby Sanger hosted a series of economic literacy breakfasts to talk with CUPE members about less often discussed economic issues, and why they matter to Canadian workers.
Their presentation helps starts a new discussion on the economy - one where we talk less about what’s in the interests of banks and corporations, and more about what’s best for Canadian workers, their families, and their communities.
CUPE members need to change the channel of the economy.
Many people are confused how money flows from your wallet to social programs. Each level of government has different taxation programs that hit your wallet different ways
It is important to understand there is only one taxpayers and that is you
You cannot tax people to prosperity
Canada does a very good job of wealth distribution
Too many governments do not look at value for money when it comes to delivering program spending.
All politicians will promise the world, but in fact can deliver very little due fiscal restraints
This is a three slide short profile of the macroeconomic and development performance of South Korea. The country has successfully achieved high income status and membership of the OECD. The overall macroeconomic numbers are enviably benign - especially low unemployment, continued growth, low inflation and a strong external position. That said the economy also faces many longer term challenges and threats and the South Korean government is attempting to bring in reforms to sustain and improve their competitiveness. This profile is designed for A level economics students.
Mexico is a fascinating country for students to look at as part of their studies in economic growth and development and macroeconomic policy. The country has an enviably low rate of unemployment and has made important progress in lifting per capita incomes for many of their 100 million plus inhabitants. But inequality remains very high, the economy is dominated by monopolies and there is also a huge informal, low productivity economy which needs to be addressed for future growth and development to be more inclusive. Can Mexico avoid a middle income trap?
2019 Election| Social Programs and Taxation | Canada | June 2019paul young cpa, cga
This presentation looks at social policy and income inequality as way to highlight the pressure facing government spending around the world.
Countries around the world need to reform their tax policies
Countries around the world need to emphasize value for money as part of delivering program spending.
There needs to be a proper balance between the environment and the economy.
There is middle ground to be achieve between providing social programs and the right level of taxation
Government has a role to provide social programs to its people.
Social programs need to be properly funded and deliver in accordance with value for money
It is nice to provide free things for people, but it not free if someone else is paying for it
There are failures of socialism around the world like Cuba or Venezuela
Wealthiest income – analysis and commentary - Canada - 2016paul young cpa, cga
There is allot written on wealth, especially the top 1%. Many of the articles talk about the top 1% not paying their share of taxes. This presentation will discuss the top 1% and their impact to economy.
The income redistribution is part of wealth distribution. This presentation will explain the trickled down impact of income to support programs like education, healthcare and other social programs.
Canada’s economy has grown about 2% for the past 16+ years. The Liberals came to office and said they will increase GDP growth as the previous government did little in terms of growing the economy.
Canada’s economy for the next decade or so will be on pace for 2% which is the same level from 2000-2015.
Liberals will add $100B in new debt and have the same growth as the previous government of 2%.
Social Spending and Taxation| Government| Sustainability| April 2019paul young cpa, cga
This presentation looks at social policy and income inequality as way to highlight the pressure facing government spending around the world.
Countries around the world need to reform their tax policies
Countries around the world need to emphasize value for money as part of delivering program spending.
There needs to be a proper balance between the environment and the economy.
There is middle ground to be achieve between providing social programs and the right level of taxation
Too many governments are looking at stop gap areas to help shore up support. The problem is many stop gap areas are not strong policies.
If you want to fixed income disparity then it is not by one off policies, but many policies.
Blog – Failure of Trudeanomics
1. Cost of living continues to rise - @JustinTrudeau keeps finding ways to tax people. Trudeau policies are not making things more affordable unless you are friends of the LPC! https://www.slideshare.net/paulyoungcga/cost-of-living-canada-february-2021
2. Housing bubble - https://www.mortgagebrokernews.ca/news/how-likely-is-a-canada-housing-crash-354545.aspx
3. Canada had 15B+ deficit with slower growth before COVID19 - https://ipolitics.ca/2021/03/31/pbo-projects-363-4b-federal-deficit-faster-economic-recovery/
4. Failure to safeguard assets and Canadians - https://www.oag-bvg.gc.ca/internet/English/att__e_43789.html
5. Canada competitiveness slipping - https://www.theguardian.pe.ca/opinion/local-perspectives/kevin-lynch-paul-deegan-atlantic-canada-not-keeping-up-with-the-global-competition-571328/
6. Potential structural issues with unemployment - https://www150.statcan.gc.ca/n1/daily-quotidien/210312/dq210312a-eng.htm
7. Trudeau promised open and transparent government which did not happen
8. Trudeau green reset is also a mistake as internal reports have shown issues with his subsidies program –
Few green energy projects are viable without subsidies, says an internal report at the Department of Natural Resources. Auditors called it a market failure: “Analysis of the financial information was revealing.”
https://www.blacklocks.ca/green-power-subsidy-fueled/
I support green technology if it is viable without direct subsidies.
https://www.slideshare.net/paulyoungcga/protecting-the-environment-through-proper-balance-between-economic-and-economic-policies (3/21)
https://www.slideshare.net/paulyoungcga/2019-election-direct-and-indirect-subsidies-to-businesses-august-2019 (Business subsidies are corporate welfare but gets ignored when these subsidies go to clean technology companies
Answers are with how you better manage the circular economy - https://www.slideshare.net/paulyoungcga/how-to-maximized-the-circular-economy-244067365
9. Slow growth
GDP was running 1.6% at the end of 2019 which is down nearly 40% from 2017.
GDP was in trouble pre-covid19.
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
Jan/21 - https://www.slideshare.net/paulyoungcga/gdp-analysis-and-commentary-canadajanuary-2021
10. Forestry
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-forestry-sector-january-2021
Global Forest Watch found that the world’s forests sequestered about twice as much CO2 as they emitted between 2001 and 2019.
CAN has 9% of the total forest as such this would mean CAN is a carbon sink. So, why does CAN need a carbon tax?
@SeamusORegan
This presentations looks at different aspect of the Canadian economy including key areas like GDP, Retail Sales, Exports, Housing Sales, Innovation and Infrastructure
Guarantee Income| Canada| Analysis and Commentary| February 2019paul young cpa, cga
Social welfare is key area for people, especially when they are in between jobs. The problem is too many governments want to use tax dollars to provide guarantee income to able-body people.
The emphasis on welfare should be given more money to people that need it more in terms their social-economic background
Harper faced 2008-2009 recession which included demands by the opposition to introduce a stimulus - https://www.slideshare.net/paulyoungcga/fiscal-management-cycle-debt-surpluses-deficits-canada-september-2019
Harper was not perfect and did make mistakes but never had any ethical violations like Trudeau - https://www.cbc.ca/news/politics/mario-dion-report-justin-trudeau-1.5247209
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
Canada has been going through a period of slow growth since 2018. The inaction of the Liberals through bad tax policies along regulatory burden have expedited the slow growth. The Liberals approach was not about reforming govt, but growing the size and cost of govt.
At the 2012 CUPE division conventions, National President Paul Moist and Sr. Economist Toby Sanger hosted a series of economic literacy breakfasts to talk with CUPE members about less often discussed economic issues, and why they matter to Canadian workers.
Their presentation helps starts a new discussion on the economy - one where we talk less about what’s in the interests of banks and corporations, and more about what’s best for Canadian workers, their families, and their communities.
CUPE members need to change the channel of the economy.
Many people are confused how money flows from your wallet to social programs. Each level of government has different taxation programs that hit your wallet different ways
It is important to understand there is only one taxpayers and that is you
You cannot tax people to prosperity
Canada does a very good job of wealth distribution
Too many governments do not look at value for money when it comes to delivering program spending.
All politicians will promise the world, but in fact can deliver very little due fiscal restraints
This is a three slide short profile of the macroeconomic and development performance of South Korea. The country has successfully achieved high income status and membership of the OECD. The overall macroeconomic numbers are enviably benign - especially low unemployment, continued growth, low inflation and a strong external position. That said the economy also faces many longer term challenges and threats and the South Korean government is attempting to bring in reforms to sustain and improve their competitiveness. This profile is designed for A level economics students.
Mexico is a fascinating country for students to look at as part of their studies in economic growth and development and macroeconomic policy. The country has an enviably low rate of unemployment and has made important progress in lifting per capita incomes for many of their 100 million plus inhabitants. But inequality remains very high, the economy is dominated by monopolies and there is also a huge informal, low productivity economy which needs to be addressed for future growth and development to be more inclusive. Can Mexico avoid a middle income trap?
Baseado no Artigo de Revisão ''Fascia—Current knowledge and future directions in physiatry: Narrative review''
Para a apresentação do Clube de Revista, da monitoria do Sistema Ostiomioarticular. Universidade IBMR
A apresentação consiste inicialmente de um vídeo onde é realizada uma descrição de definições antigas sobre fáscias, novas áreas de pesquisa e trabalho fugindo da visão macro e voltando para o micro.
By Aymeric Olibet, Dan Sobovitz and Ingrid Willems. Presented at Crowdsourcing Week Europe 2016. For more information and details on our next event, visit www.crowdsourcingweek.com.
Instructional Designers as Organizational Change AgentsJoyJ Green
Presented at the 2016 Government Learning Technology Symposium, Joy Jackson Green outlines Human Performance Improvement techniques that can be used by Distance Learning Professionals.
Fiscal monitor –Financial Performance for Canada – 3Q16 – September 2016paul young cpa, cga
This presentation looks at both economic trends as well as government taxation and spending. The presentation is design to look both economic conditions as well as the health of Federal Government when it comes to taxation and spending.
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
Stephen Harper and CPC (Conservative Party of Canada) fiscal record is a cata...paul young cpa, cga
This presentation discusses Harper as well as other governments in Canada as part of highlighting how each government responded to the issues they faced while governing Canada.
This presentation will highlight the fact many people will have a say when it comes to Harper as well as Justin Trudeau and the Liberals. It is up to individuals to not take anybody's word at face value!
201 Election| Canada and World| Slow Economic Growth| August 2019paul young cpa, cga
I have written many blogs on GDP as such GDP was never what at Justin Trudeau made it out to be for Canada.
There are few major things driving the issues
1. Brexit (UK split from EU)
2. Global Protectionism policies
3. WTO not being reformed
4. Too much push for carbon tax and the climate change agenda
5. Too many governments focusing on keynesian economics.
6. Global immigration and integration
7. Anti-Natural Resources agenda
8. Automation (internet of things, machine learning, AI)
9. Lack of quality in terms of government leaders
10. Too many governments are pushing radical agendas including regressive taxation.
2019 Election| Trickle Down Economics| CPC vs LPC | May 2019paul young cpa, cga
There is allot of misunderstanding when it comes to trickle down economics. Too many people think it is all about the rich and that is not true. Trickle down economics is all about the right tax policies that support all income groups. There are taxes that are regressive like consumption and carbon tax that have a bigger impact on low to middle class income than wealthiest. The problem is Trudeau never discusses regressive taxation as he feels that his so called tax credit systems helps equalize things out which is not the case!
Many Canadian government has tried to reduce poverty. The poverty levels have been consistent for years at 13%.
The Liberals have said they have reduced poverty, but the stats do no show that is the case.
Blog – The Failure of Trudeaunomics – April 2022
Trudeau deficits led to nothing but higher taxes and anemic growth
Trudeau did little to help the middle class
Trudeau policies towards the natural resource sector led to less FDI as compared to its peers like Australia
Trudeau’s carbon tax has not been revenue neutral
Trudeau critical metal strategy is relying on innovation that does not current exist when it comes to sourcing lithium from tailing ponds and/or other sources.
Trudeau’s ministers claim the PBO report did not look at all angle is incorrect. Canadians are looking at ways to deal with high inflation including curbing consumer spending
Trudeau never mentioned the fact that Canadians have the highest household debt ever in the history of Canada.
Many different groups will write paper and/or articles on government from their perspective. It is important for readers to review all sources when it comes to debating various government policies
Justin Trudeau constantly calls out the Harper era like he did in 2015. The problem is Trudeau never discuss details as the details tell a different picture.
Blog – Failure of Trudeaunomics – October 2021
Inflation went from 1% in 2015 to 1.9% in 2019 and now is 4.7% in Oct/21
Public sector jobs continue to outpace the private sector jobs
GDP went from 3.0% in 2017 to 1.6% 2019 (pre-Covid)
Housing prices continue to rise
Welcome to @justinTrudeau ‘s Canada
This presentation discuss how trickle down economics. There is allot of misunderstanding on how income flows from Government treasury to social programs.
The presentation will discuss pressure facing the middle class including economic growth.
Cost of living has hit 40-year high
More and more of the middle class are left out of the housing market
Canada continues to face productivity and innovation challenges
Federal government refuses to review its carbon pricing model
Trudeau came to office in 2015 when GDP growth for 2015 was about 1% (https://www.cbc.ca/news/business/gdp-economy-1.3470453). Trudeau promise small deficits during the 2015 election (https://www.cbc.ca/news/politics/canada-election-2015-liberals-infrastructure-deficits-1.3205535.
Trudeau deficits were never small. The budget balance for period close March 2019 was $14B (https://www.canada.ca/en/department-finance/services/publications/annual-financial-report/2019/report.html).
Trudeau’s latest budget runs a higher deficit. Trudeau budget like previous budgets does not deal with productivity issues. Trudeau housing policies have been a colossal failure! https://www.slideshare.net/paulyoungcga/budget-2022-path-forward-for-canada-pptx
GDP for 2019 was estimated at 1.6%. https://www150.statcan.gc.ca/n1/daily-quotidien/200228/dq200228a-eng.htm. Liberals will argue that the GDP rate was 50% higher than October 2015. What the Liberals will not discuss is Harper was running 2.3% average growth rate for GDP (Post 2009 Recession) https://www.focus-economics.com/country-indicator/canada/gdp as compared to the Liberals that was running about 2%
Blog – Failure of Trudeaunomics
Justin Trudeau may key promises in 2015.
a) Making housing more affordable. Housing has grown on average of nearly 10% per year as compared to wage growth of 3.2%
b) Household debt has hit record levels since 2015
c) FDI has gone elsewhere to countries like Australia - https://www.austrade.gov.au/news/economic-analysis/who-invests-in-australia-analysing-2020-s-4-trillion-record-for-foreign-investment
d) Inflation is at an 18-year high - https://www.linkedin.com/posts/malundy_canadian-inflation-hits-30-year-high-as-omicron-activity-6877347398188982272-DjpM/
e) Trudeau’s deficits were neither small nor effective to address issues facing the economy like productivity, innovation, skills gaps, housing costs, etc. - https://www.slideshare.net/paulyoungcga/how-can-bank-of-canada-achieve-its-2-inflation-target-for-canada
1. Wage growth – https://www.saltwire.com/nova-scotia/news/wage-growth-outpaces-inflation-as-job-vacancies-surge-to-record-100672882/
2. Housing - https://betterdwelling.com/canadas-gap-between-real-estate-prices-and-incomes-looks-ridiculous-beside-us-data/
3. Record household debt - https://www.reuters.com/markets/rates-bonds/canada-q3-household-debt-to-income-ratio-rises-1773-2021-12-10/
4. FDI in decline as compare to Canada’s peers - https://www.cpacanada.ca/en/public-interest/public-policy-government-relations/policy-advocacy/cpa-canada-tax-review-initiative/taxes-and-canadians/stifling-foreign-investment-holding-canada-back
5. Job Quality - https://www.thestar.com/business/2021/12/09/small-businesses-automating-to-deal-with-worker-shortage-survey.html
6. Canadian dollar - https://www.nasdaq.com/articles/canada-fx-debt-canadian-dollar-extends-rebound-as-domestic-economy-grows
7. GDP and slow growth - https://thoughtleadership.rbc.com/the-great-canadian-restart-how-2022-can-spark-an-era-of-greener-more-robust-growth/ and https://www.bnnbloomberg.ca/canadian-consumers-power-5-4-annualized-growth-1.1688906
8. Immigration - https://www.bnnbloomberg.ca/canada-tops-record-immigration-goal-of-401-000-residents-1.1700063
9. Inflation - https://www.healthing.ca/opinion/opinion-ottawa-gets-an-inflation-dividend-the-rest-of-us-dont/
10. Job vacancies - https://www.ctvnews.ca/business/labour-shortages-continue-as-quarterly-job-vacancies-reach-all-time-high-1.5718167
Canada is going through considerable pressure in terms of achieving economic growth about 2.0%. This presentation will look at areas like real estate, retail sales, business investment, productivity, exports, labour and debt and deficits
Similar to Government - Canada - Party Comparison - Liberals and Conservatives - December 2016 (20)
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.
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/
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.
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
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
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.
3. Deficit - Paul Martin, Stephen Harper
and Justin Trudeau Comments:
• Global Recession from 2008-2009
• Fort McMurray fire 2016
• Slow Economic growth since 2000 (2.0% or less)
• Martin and Harper cut personal tax rates
• Harper reduced GST from 7% to 5%
• Harper reduced corporate taxes to 15%
• Justin Trudeau reduced taxes to middle class
and hike taxes to wealthiest
• Justin Trudeau new family tax benefit is only
$7/month more than the CPC plan
• Justin Trudeau is forcing a carbon tax on all
provinces
Source – Stats Canada and
https://knoema.com
4. Wages / Canada
• What is Stagnation?
• Stagnation is a prolonged period of little or
no growth with wages
• What determine salary increases
• Rating systems
• Union contracts
• Market value
Comments:
• Middleclass us under pressure around the
world
• UK, Canada and USA have had similar
economic growth
• Wages tend to be tied to economic growth
Source: Investopedia, Stats Canada and CNN
5. Employment / Canada
Source – Stats Canada and CIBC
Comment:
• There has been shift for close to
four decades from full-time to part-
time jobs (Job quality)
• Goods producing sector struggling
due to low commodity prices
• Canada needs to better align
education/skills with job opening
• New carbon taxation and/or hikes
to CPP will no create jobs, but could
impact both wages and jobs
• Canada needs to reduced the red
tape to get projects off the ground.
Canada depends on FDI
• Canada needs to continue to sign
fair and equitable FIPA and Trade
Deals
6. GDP Growth
Source: Scotiabank, Cheatsheet.com,
Investopedia and Stats Canada
What does GDP Growth mean?
The gross domestic product (GDP) is one of the
primary indicators used to gauge the health of a
country's economy. It represents the total dollar value
of all goods and services produced over a specific
time period; you can think of it as the size of the
economy.
How Do Millennials spend money:
• Millennials spent an average of $26,000 a year on
discretionary purchases, such as eating out and travel.
This is $6,000 less per year than the average consumer.
• Millennials tend to use cash, a debit card and checks for
half of their monthly spending and charge just 30% of
their purchases.
• Millennials love their coffee. The only category where
millennials spent more money than Generation X and
baby boomers is on coffee and fast food.
7. GDP by Expenditure
Source: Stats Canada and http://www.environicsanalytics.ca/
• Part-time jobs do not have benefits
• Most millennials are doing jobs not necessarily
related to their field of studies
• Many millennials still live at home due to
housing costs and student debt
• Household spending drives the economy
8. Housing
Source – Scotiabank, BMO, CMHC and RBC
Comments:
• You need earn
over 100K+ to be
able to afford a
home
• Condos can be
cheaper, but
come with costs,
i.e. maintenance
fees
• Apartment rent
can vary from
$850 to $1,200 a
month
9. Graduates
Commentary:
• Canada is producing 500K to 516K grads per year
as compare to the job market which is only
creating 200K in new jobs
• Declining enrolment is impacting education
• Healthcare cutbacks are forcing the elimination
of healthcare jobs
• Canada is export driven economy. Exports need
to expand to new markets. For each $1B in
exports is 5,500 jobs
• Retail Channel is evolving to more eCommerce.
• There is a skills gap. Education has not align to
jobs in areas like advance manufacturing,
Cybersecurity, Analytics, Expert Farming, etc
•
10. Debt/Deficits on the
millennials
Comment:
• Approximately 1/3 of income is
taxes
• Today’s debt and deficits are
tomorrow taxes
• Government is imposing CPP
hikes which will reduced your after
tax income.
• Carbon Taxation will impact
millennials as they eat out and
travel more as part of their
spending
• Largest growing segment as such
will be impacted more by taxation
increases and/or spending cuts
• Many companies as well as
government are moving away from
defined benefit pensions to
defined contribution – FYI no
guarantee pension benefit will be
the new norm.
11. Summary
• It is not one policy that drives business investment, but many policies
• Federal policy changes can be counter productive if either provinces or
municipalities increase hydro rates, personal taxation, user fees, property taxation
• Canada competes for business investment and needs to be competitive with other
jurisdiction areas like taxation, hydro rates, reduction of red tape, labor rates,
productivity, R&D tax credits
• Canada needs to eliminate interprovincial trade barriers
• Canada needs to new equalization, CST, HST and other transfer deals with the
provinces and Territories
• Globalization not going away. Canada needs to respond better to globalization