SlideShare a Scribd company logo
1 of 8
Education – Ontario – June
2017
PAUL YOUNG CPA, CGA
JUNE 25, 2017
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
Government Spending/Ontario
Source – Government of Ontario, Stats Canada and Federal Government of
Canada
% of Expenses /Spending
Analysis Commentary
• Harris spent close to 40% on healthcare as compare to McGuinty and
Wynne that spend approximately 38% on healthcare
• LHINs and CCAC were created but have done little in terms of improving
wait times and/or controlling of costs
• Education received more money, but we have more grads having hard
time finding jobs. Meanwhile. Ontario has significant skills gas that could
influence FDI
• Wynne pledge to bring the debt down to 26% of GDP. If Wynne were to
bring the debt down then should need to reduced the debt by $10B per
year.
• Drummond report was virtually ignored and it was succinct in terms of
Ontario has spending problem. Ontario is spending from 18.5 to 17.5%
of GDP of government and only taking in 16.8% in revenue. More
taxation is not the answer
Teachers Salaries
 https://www.thestar.com/yourtoronto/education/2015/11/25/canadian-teachers-among-top-paid-worldwide-study-finds.html
Canadian teachers are well paid: salaries after 15 years of experience are among the highest across OECD countries at
$90 (U.S.) per teaching hour for secondary school teachers and more than $65,000 (U.S.) per year,” says a summary
of the Canadian portion of the data. (All figures are in U.S. dollars.)
“Across OECD countries, the average statutory salary per teaching hour after 15 years of experience and with typical
qualifications is $53 for primary teachers, $63 for lower secondary teachers and $71 for upper secondary teachers in general
education. In Canada, salaries per teaching hour are $84 at the primary level and $90” at the secondary level.
Secondary teachers wages, averaging $66,700 are the fourth highest internationally, after Germany, Luxembourg and the
Netherlands.
Teachers in Ontario recently ratified three-year tentative agreements that include a 1.5 per cent pay increase over
the life of the contract. In Toronto, elementary teachers currently begin their careers earning $42,283 to $55,404, up
to a maximum of $94,707 (all figures Canadian) — or roughly $71,000 U.S. — after 10 years.
School Closures
 https://www.thestar.com/yourtoronto/education/2017/05/04/121-ontario-schools-slated-to-close-report.html
Ontario school boards have recommended closing 121 schools in
Ontario over the next three years, hitting rural communities the
hardest, according to a new report by People for Education.
The study, based on numbers provided by the province’s 72 school boards this
spring, was an attempt to paint a clearer picture of an emotionally-charged issue
that cuts to the heart of communities, said Annie Kidder, executive director of the
research and advocacy group.
School closures have generated protests and outrage from families across the
province during the current school year, but how many of the province’s 4,900
schools are vulnerable has been subject to dispute.
Budget Cuts / Niagara Catholic School
Board
Source - https://cupe1764.ca/niagara-catholic-district-school-boards-plans-to-cut-front-line-school-board-workers-will-impact-services-says-cupe-1317/
NIAGARA, ON – Niagara Catholic District School Board workers, represented by the Canadian Union of
Public Employees (CUPE), are questioning why the board is talking about a ‘balanced portfolio’ when front-
line school board staff, including 32 CUPE 1317 members, are being laid off as early as June.
“We find it disingenuous for the board to be trumpeting their balanced budget while staff layoffs and the
impact of these cuts are being downplayed,” said Anna Maxner, president of CUPE 1317. “Our members
keep the schools clean and safe and deliver services to enhance students’ educational experience. When
you cut 32 positions that are vital to the school system, there will be an impact on school operations – yet,
as far as we know, none of this has been raised publicly in meetings or with the parents.”
Maxner is referring to recent media reports of the board touting their budget being balanced while there
appear to be no plans in place to address the issue of layoffs and how these cuts will impact services in
schools. Thirty-two school board staff, including twelve Designated Early Childhood Educators, seven
Communicative Disorder Assistants, six custodians, five administrative staff and two Child and Youth
workers, have been given layoff notices in the past weeks.
Education Ranking
 http://www.conferenceboard.ca/hcp/provincial/education.aspx
Summary
 Teachers salaries have risen under Wynne and McGuinty
 Education is still not focusing of jobs of today and tomorrow
 Economic shift has seen more people moving to cities from rural Ontario
 Education was starved of funding in early 2000s due to fiscal restraint by the
Ontario PC. The Liberal restored funding in terms upping the salaries. School
Boards are still struggling with supporting their students due to funding cut backs
over the past few years.

More Related Content

Similar to Government policies - Education - Ontario - June 2017

Education| Policy Analysis| Ontario| March 2019
Education| Policy Analysis| Ontario| March 2019Education| Policy Analysis| Ontario| March 2019
Education| Policy Analysis| Ontario| March 2019paul young cpa, cga
 
ELC Exxon Mobile Case Competition Winner Emory University
ELC Exxon Mobile Case Competition Winner Emory UniversityELC Exxon Mobile Case Competition Winner Emory University
ELC Exxon Mobile Case Competition Winner Emory UniversityIesha Scott
 
Education| Analysis and Commentary| Ontario| April 2019
Education| Analysis and Commentary| Ontario| April 2019Education| Analysis and Commentary| Ontario| April 2019
Education| Analysis and Commentary| Ontario| April 2019paul young cpa, cga
 
Education| Ontario -| Issues and Solutions | September 2018
Education| Ontario -| Issues and Solutions | September 2018Education| Ontario -| Issues and Solutions | September 2018
Education| Ontario -| Issues and Solutions | September 2018paul young cpa, cga
 
Government Policy| Education| Ontario
Government Policy| Education| OntarioGovernment Policy| Education| Ontario
Government Policy| Education| Ontariopaul young cpa, cga
 
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...Jeremy Knight
 
Education| Policies and Analysis| Ontario | January 2019
Education| Policies and Analysis| Ontario | January 2019Education| Policies and Analysis| Ontario | January 2019
Education| Policies and Analysis| Ontario | January 2019paul young cpa, cga
 
Open Textbook Adoptions
Open Textbook AdoptionsOpen Textbook Adoptions
Open Textbook AdoptionsMohawk College
 
081208 Aaa Year In Review Presentation
081208 Aaa   Year In Review Presentation081208 Aaa   Year In Review Presentation
081208 Aaa Year In Review Presentationbiferguson
 
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-Trust
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-TrustThe-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-Trust
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-TrustJoshua Townsley
 
North Carolina budget analysis from NC Justice Center
North Carolina budget analysis from NC Justice CenterNorth Carolina budget analysis from NC Justice Center
North Carolina budget analysis from NC Justice CenterEducationNC
 
Education| What needs to happen| Canada
Education| What needs to happen| CanadaEducation| What needs to happen| Canada
Education| What needs to happen| Canadapaul young cpa, cga
 
TECT 4306 Spring 2016 Project 2 Diversity in Adult Education
TECT 4306 Spring 2016 Project 2 Diversity in Adult EducationTECT 4306 Spring 2016 Project 2 Diversity in Adult Education
TECT 4306 Spring 2016 Project 2 Diversity in Adult EducationPatrice Clayton
 
Yes Yes For Prescott Education
Yes Yes For Prescott EducationYes Yes For Prescott Education
Yes Yes For Prescott Educationprescottaz
 
Group 9 Final PPT
Group 9 Final PPTGroup 9 Final PPT
Group 9 Final PPTChunzi Lin
 
Colorado Budget Impact on St Vrain and Prop 103
Colorado Budget Impact on St Vrain and Prop 103Colorado Budget Impact on St Vrain and Prop 103
Colorado Budget Impact on St Vrain and Prop 103JohnCr8on
 
Community House of Outreach
Community House of OutreachCommunity House of Outreach
Community House of OutreachSharhondaMorgan
 
2 7-17 presentationsc-sjc
2 7-17 presentationsc-sjc2 7-17 presentationsc-sjc
2 7-17 presentationsc-sjcDawn Urbanek
 

Similar to Government policies - Education - Ontario - June 2017 (20)

Education| Policy Analysis| Ontario| March 2019
Education| Policy Analysis| Ontario| March 2019Education| Policy Analysis| Ontario| March 2019
Education| Policy Analysis| Ontario| March 2019
 
ELC Exxon Mobile Case Competition Winner Emory University
ELC Exxon Mobile Case Competition Winner Emory UniversityELC Exxon Mobile Case Competition Winner Emory University
ELC Exxon Mobile Case Competition Winner Emory University
 
Education| Analysis and Commentary| Ontario| April 2019
Education| Analysis and Commentary| Ontario| April 2019Education| Analysis and Commentary| Ontario| April 2019
Education| Analysis and Commentary| Ontario| April 2019
 
Education| Ontario -| Issues and Solutions | September 2018
Education| Ontario -| Issues and Solutions | September 2018Education| Ontario -| Issues and Solutions | September 2018
Education| Ontario -| Issues and Solutions | September 2018
 
Government Policy| Education| Ontario
Government Policy| Education| OntarioGovernment Policy| Education| Ontario
Government Policy| Education| Ontario
 
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...
Teacher Pension Plans: How They Work, and How They Affect Recruitment, Retent...
 
Fc100 july26
Fc100 july26Fc100 july26
Fc100 july26
 
Education| Policies and Analysis| Ontario | January 2019
Education| Policies and Analysis| Ontario | January 2019Education| Policies and Analysis| Ontario | January 2019
Education| Policies and Analysis| Ontario | January 2019
 
Open Textbook Adoptions
Open Textbook AdoptionsOpen Textbook Adoptions
Open Textbook Adoptions
 
081208 Aaa Year In Review Presentation
081208 Aaa   Year In Review Presentation081208 Aaa   Year In Review Presentation
081208 Aaa Year In Review Presentation
 
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-Trust
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-TrustThe-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-Trust
The-Economic-Benefits-of-Joining-Establishing-or-Growing-a-Multi-Academy-Trust
 
North Carolina budget analysis from NC Justice Center
North Carolina budget analysis from NC Justice CenterNorth Carolina budget analysis from NC Justice Center
North Carolina budget analysis from NC Justice Center
 
Sch bd rec fy18
Sch bd rec   fy18Sch bd rec   fy18
Sch bd rec fy18
 
Education| What needs to happen| Canada
Education| What needs to happen| CanadaEducation| What needs to happen| Canada
Education| What needs to happen| Canada
 
TECT 4306 Spring 2016 Project 2 Diversity in Adult Education
TECT 4306 Spring 2016 Project 2 Diversity in Adult EducationTECT 4306 Spring 2016 Project 2 Diversity in Adult Education
TECT 4306 Spring 2016 Project 2 Diversity in Adult Education
 
Yes Yes For Prescott Education
Yes Yes For Prescott EducationYes Yes For Prescott Education
Yes Yes For Prescott Education
 
Group 9 Final PPT
Group 9 Final PPTGroup 9 Final PPT
Group 9 Final PPT
 
Colorado Budget Impact on St Vrain and Prop 103
Colorado Budget Impact on St Vrain and Prop 103Colorado Budget Impact on St Vrain and Prop 103
Colorado Budget Impact on St Vrain and Prop 103
 
Community House of Outreach
Community House of OutreachCommunity House of Outreach
Community House of Outreach
 
2 7-17 presentationsc-sjc
2 7-17 presentationsc-sjc2 7-17 presentationsc-sjc
2 7-17 presentationsc-sjc
 

More from paul young cpa, cga

Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxRetail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
 
Addressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptxAddressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
 
Global Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptxGlobal Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
 
What is next for the Mining Sector.pptx
What is next for the Mining Sector.pptxWhat is next for the Mining Sector.pptx
What is next for the Mining Sector.pptxpaul young cpa, cga
 
Manufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptxManufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptxpaul young cpa, cga
 
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptxStock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
 
Manufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptxManufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptxpaul young cpa, cga
 
Electricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptxElectricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
 
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
 
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
 
How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
 
What is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptxWhat is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptxpaul young cpa, cga
 
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
 
Better Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptxBetter Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
 
Stock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptxStock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
 
Workforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptxWorkforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
 
Global Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptxGlobal Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
 
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
 
World Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptxWorld Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptxpaul young cpa, cga
 
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptxWhat is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
 

More from paul young cpa, cga (20)

Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxRetail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
 
Addressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptxAddressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptx
 
Global Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptxGlobal Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptx
 
What is next for the Mining Sector.pptx
What is next for the Mining Sector.pptxWhat is next for the Mining Sector.pptx
What is next for the Mining Sector.pptx
 
Manufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptxManufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptx
 
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptxStock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptx
 
Manufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptxManufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptx
 
Electricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptxElectricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptx
 
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
 
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
 
How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...
 
What is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptxWhat is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptx
 
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
 
Better Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptxBetter Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptx
 
Stock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptxStock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptx
 
Workforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptxWorkforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptx
 
Global Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptxGlobal Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptx
 
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
 
World Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptxWorld Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptx
 
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptxWhat is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
 

Recently uploaded

Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionMuhammadHusnain82237
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...yordanosyohannes2
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130Suhani Kapoor
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...First NO1 World Amil baba in Faisalabad
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithAdamYassin2
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managmentfactical
 
Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Avanish Goel
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...Suhani Kapoor
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一S SDS
 

Recently uploaded (20)

Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th edition
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam Smith
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managment
 
Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
 

Government policies - Education - Ontario - June 2017

  • 1. Education – Ontario – June 2017 PAUL YOUNG CPA, CGA JUNE 25, 2017
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. Government Spending/Ontario Source – Government of Ontario, Stats Canada and Federal Government of Canada % of Expenses /Spending Analysis Commentary • Harris spent close to 40% on healthcare as compare to McGuinty and Wynne that spend approximately 38% on healthcare • LHINs and CCAC were created but have done little in terms of improving wait times and/or controlling of costs • Education received more money, but we have more grads having hard time finding jobs. Meanwhile. Ontario has significant skills gas that could influence FDI • Wynne pledge to bring the debt down to 26% of GDP. If Wynne were to bring the debt down then should need to reduced the debt by $10B per year. • Drummond report was virtually ignored and it was succinct in terms of Ontario has spending problem. Ontario is spending from 18.5 to 17.5% of GDP of government and only taking in 16.8% in revenue. More taxation is not the answer
  • 4. Teachers Salaries  https://www.thestar.com/yourtoronto/education/2015/11/25/canadian-teachers-among-top-paid-worldwide-study-finds.html Canadian teachers are well paid: salaries after 15 years of experience are among the highest across OECD countries at $90 (U.S.) per teaching hour for secondary school teachers and more than $65,000 (U.S.) per year,” says a summary of the Canadian portion of the data. (All figures are in U.S. dollars.) “Across OECD countries, the average statutory salary per teaching hour after 15 years of experience and with typical qualifications is $53 for primary teachers, $63 for lower secondary teachers and $71 for upper secondary teachers in general education. In Canada, salaries per teaching hour are $84 at the primary level and $90” at the secondary level. Secondary teachers wages, averaging $66,700 are the fourth highest internationally, after Germany, Luxembourg and the Netherlands. Teachers in Ontario recently ratified three-year tentative agreements that include a 1.5 per cent pay increase over the life of the contract. In Toronto, elementary teachers currently begin their careers earning $42,283 to $55,404, up to a maximum of $94,707 (all figures Canadian) — or roughly $71,000 U.S. — after 10 years.
  • 5. School Closures  https://www.thestar.com/yourtoronto/education/2017/05/04/121-ontario-schools-slated-to-close-report.html Ontario school boards have recommended closing 121 schools in Ontario over the next three years, hitting rural communities the hardest, according to a new report by People for Education. The study, based on numbers provided by the province’s 72 school boards this spring, was an attempt to paint a clearer picture of an emotionally-charged issue that cuts to the heart of communities, said Annie Kidder, executive director of the research and advocacy group. School closures have generated protests and outrage from families across the province during the current school year, but how many of the province’s 4,900 schools are vulnerable has been subject to dispute.
  • 6. Budget Cuts / Niagara Catholic School Board Source - https://cupe1764.ca/niagara-catholic-district-school-boards-plans-to-cut-front-line-school-board-workers-will-impact-services-says-cupe-1317/ NIAGARA, ON – Niagara Catholic District School Board workers, represented by the Canadian Union of Public Employees (CUPE), are questioning why the board is talking about a ‘balanced portfolio’ when front- line school board staff, including 32 CUPE 1317 members, are being laid off as early as June. “We find it disingenuous for the board to be trumpeting their balanced budget while staff layoffs and the impact of these cuts are being downplayed,” said Anna Maxner, president of CUPE 1317. “Our members keep the schools clean and safe and deliver services to enhance students’ educational experience. When you cut 32 positions that are vital to the school system, there will be an impact on school operations – yet, as far as we know, none of this has been raised publicly in meetings or with the parents.” Maxner is referring to recent media reports of the board touting their budget being balanced while there appear to be no plans in place to address the issue of layoffs and how these cuts will impact services in schools. Thirty-two school board staff, including twelve Designated Early Childhood Educators, seven Communicative Disorder Assistants, six custodians, five administrative staff and two Child and Youth workers, have been given layoff notices in the past weeks.
  • 8. Summary  Teachers salaries have risen under Wynne and McGuinty  Education is still not focusing of jobs of today and tomorrow  Economic shift has seen more people moving to cities from rural Ontario  Education was starved of funding in early 2000s due to fiscal restraint by the Ontario PC. The Liberal restored funding in terms upping the salaries. School Boards are still struggling with supporting their students due to funding cut backs over the past few years.