This presentation will discuss labour market including analysis of the job trends.
The presentation will also discuss government policies including comments made during the 2015 election campaign.
This document provides an overview of the NDP and fiscal management in Canada. It discusses the fiscal records of NDP provincial governments in Ontario, Nova Scotia, British Columbia, Saskatchewan, and Manitoba. It also includes commentary on the impact of NDP policies on economic growth, budget balances, and key policy initiatives under NDP leadership in these provinces. The document is authored by Paul Young CPA, CGA and includes his contact information.
Real GDP rose 3.0% in 2017, following 1.4% growth in 2016. Much of this growth was attributable to the first two quarters of 2017, with deceleration observed toward the end of the year.
Final domestic demand advanced 3.0% with steady growth throughout the year.
Household final consumption expenditure rose 3.5%, with increased outlays on goods (+3.9%) and services (+3.2%). Increased expenditures on insurance and financial services (+5.0%) and purchases of vehicles (+6.3%) were strong contributors to growth.
Business gross fixed capital formation rose 2.6%, following a 4.5% decline in 2016. Investment in machinery and equipment (+6.0%) and residential structures (+3.1%) both increased sharply. Investment in non-residential structures rose 0.3%, following two annual declines.
Also contributing to growth was business investment in inventories, up by $13.9 billion, of which $13.6 billion was in non-farm inventories. Manufacturers, wholesalers, and retailers all added to their stocks in each quarter.
Exports grew 1.0% for the second consecutive year, with gains in both goods (+0.6%) and services (+2.8%). Imports increased 3.6% after falling 1.0% in 2016.
Compensation of employees rose 3.9% (nominal terms), contributing to a 4.8% gain in household disposable income.
This was slightly faster than the growth in household final consumption expenditure (+4.6%), and the household saving rate consequently edged up to 3.6%.
The gross operating surplus of corporations increased 9.5% as earnings of both non-financial and financial corporations rose sharply.
Expressed at an annualized rate, real GDP rose 1.7% in the fourth quarter. In comparison, real GDP in the United States grew 2.5%.
The document is a summary and analysis of Canada's GDP and job market by Paul Young, CPA. It discusses various factors that influence GDP, including government spending, consumer spending, taxation and business returns. While governments often take credit for strong economies, 2/3 of GDP is typically driven by consumer spending. Higher taxes can reduce consumers' disposable income and lead to less spending. The document analyzes GDP and employment data from various periods under Liberal and Conservative governments in Canada. It argues the Liberals' policies of tax increases and canceled pipelines have negatively impacted GDP growth and job opportunities compared to under the previous Conservative government.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
This is presentation discusses job quality in Canada as well as comparing Canada job quality with other countries like Germany, Sweden, Denmark, Spain and Greece.
2019 Election| Poverty and Income Inequality| August 2019paul young cpa, cga
This document provides a summary of Paul Young's views on income inequality and potential policy solutions. It discusses that income inequality is an issue globally and in Canada. Paul argues that consumption taxes disproportionately hurt low to middle income earners. Some of the policies Paul recommends to reduce inequality include reforming government compensation, promoting economic growth, strengthening the middle class through job creation, and ensuring funding for healthcare, education and social programs.
This document provides a summary of ways to potentially address income inequality by Paul Young CPA CGA. It discusses that income inequality is an issue around the world and in Canada. It suggests that consumption taxes disproportionately impact low to middle income earners. Potential solutions proposed include reforming government compensation, promoting economic growth, redistributing wealth, and funding healthcare, education and social programs. Ensuring a strong middle class through job creation is also recommended.
Fiscal management – Conservative Party of Canada - PM Harperpaul young cpa, cga
Many articles have been written on how PM Harper was poor fiscal management. Yet many of the articles either never deal with recession which included a stimulus or the fact austerity measures of required in the 1990s forced the government to put moneys back into the system through wealth distribution (Transfer to people and provinces)
This document provides an overview of the NDP and fiscal management in Canada. It discusses the fiscal records of NDP provincial governments in Ontario, Nova Scotia, British Columbia, Saskatchewan, and Manitoba. It also includes commentary on the impact of NDP policies on economic growth, budget balances, and key policy initiatives under NDP leadership in these provinces. The document is authored by Paul Young CPA, CGA and includes his contact information.
Real GDP rose 3.0% in 2017, following 1.4% growth in 2016. Much of this growth was attributable to the first two quarters of 2017, with deceleration observed toward the end of the year.
Final domestic demand advanced 3.0% with steady growth throughout the year.
Household final consumption expenditure rose 3.5%, with increased outlays on goods (+3.9%) and services (+3.2%). Increased expenditures on insurance and financial services (+5.0%) and purchases of vehicles (+6.3%) were strong contributors to growth.
Business gross fixed capital formation rose 2.6%, following a 4.5% decline in 2016. Investment in machinery and equipment (+6.0%) and residential structures (+3.1%) both increased sharply. Investment in non-residential structures rose 0.3%, following two annual declines.
Also contributing to growth was business investment in inventories, up by $13.9 billion, of which $13.6 billion was in non-farm inventories. Manufacturers, wholesalers, and retailers all added to their stocks in each quarter.
Exports grew 1.0% for the second consecutive year, with gains in both goods (+0.6%) and services (+2.8%). Imports increased 3.6% after falling 1.0% in 2016.
Compensation of employees rose 3.9% (nominal terms), contributing to a 4.8% gain in household disposable income.
This was slightly faster than the growth in household final consumption expenditure (+4.6%), and the household saving rate consequently edged up to 3.6%.
The gross operating surplus of corporations increased 9.5% as earnings of both non-financial and financial corporations rose sharply.
Expressed at an annualized rate, real GDP rose 1.7% in the fourth quarter. In comparison, real GDP in the United States grew 2.5%.
The document is a summary and analysis of Canada's GDP and job market by Paul Young, CPA. It discusses various factors that influence GDP, including government spending, consumer spending, taxation and business returns. While governments often take credit for strong economies, 2/3 of GDP is typically driven by consumer spending. Higher taxes can reduce consumers' disposable income and lead to less spending. The document analyzes GDP and employment data from various periods under Liberal and Conservative governments in Canada. It argues the Liberals' policies of tax increases and canceled pipelines have negatively impacted GDP growth and job opportunities compared to under the previous Conservative government.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
This is presentation discusses job quality in Canada as well as comparing Canada job quality with other countries like Germany, Sweden, Denmark, Spain and Greece.
2019 Election| Poverty and Income Inequality| August 2019paul young cpa, cga
This document provides a summary of Paul Young's views on income inequality and potential policy solutions. It discusses that income inequality is an issue globally and in Canada. Paul argues that consumption taxes disproportionately hurt low to middle income earners. Some of the policies Paul recommends to reduce inequality include reforming government compensation, promoting economic growth, strengthening the middle class through job creation, and ensuring funding for healthcare, education and social programs.
This document provides a summary of ways to potentially address income inequality by Paul Young CPA CGA. It discusses that income inequality is an issue around the world and in Canada. It suggests that consumption taxes disproportionately impact low to middle income earners. Potential solutions proposed include reforming government compensation, promoting economic growth, redistributing wealth, and funding healthcare, education and social programs. Ensuring a strong middle class through job creation is also recommended.
Fiscal management – Conservative Party of Canada - PM Harperpaul young cpa, cga
Many articles have been written on how PM Harper was poor fiscal management. Yet many of the articles either never deal with recession which included a stimulus or the fact austerity measures of required in the 1990s forced the government to put moneys back into the system through wealth distribution (Transfer to people and provinces)
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
Government policy - Minimum Wage - Ontario - September 2017paul young cpa, cga
This presentation discusses Ontario's planned minimum wage increase to $15/hour by January 2019. It is forecasted that the wage hike could lead to 50,000-185,000 job losses, with impacts concentrated among teens and young adults. Both supporters and critics of the increase cite studies and data to argue their perspectives on the economic effects. The presentation provides background on average wages, employment levels, GDP, energy costs, and profiles of typical minimum wage earners to outline issues around the policy change.
This document summarizes key points from Paul Young's presentation on government policy and household income in Canada in 2016. It includes:
- Job losses forecasted from minimum wage increases range from 50,000 to 185,000 jobs lost.
- Median household incomes grew the most in Nunavut, Saskatchewan, Newfoundland and Labrador, Northwest Territories, Alberta, and Manitoba from 2005-2015. Income growth was lowest in Quebec and Ontario.
- The presentation discusses trends in household income, low income rates, energy poverty, and taxation policies across Canada.
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.
Fiscal Management - Canada - Debt to GDP and Surpluses (Deficits) - December ...paul young cpa, cga
This is allot spinning of information when it comes to the government. In many cases various government like spin facts to show they are doing a good job when they are not!
Employment was up by 32,000 in wholesale and retail trade in April, driven by increases in Quebec and Alberta. Compared with 12 months earlier, employment in this industry grew by 75,000 (+2.7%), entirely due to gains since the beginning of 2019.
Following four months of little change, employment in construction increased by 29,000 in April. Gains were concentrated in Ontario and British Columbia. On a year-over-year basis, employment in this industry was up by 32,000 (+2.2%).
There were 14,000 more people working in information, culture and recreation, entirely due to increases in Ontario. Compared with 12 months earlier, employment in this industry was little changed.
In "other services," employment rose by 14,000 in April. This industry includes repair and maintenance; services related to civic and professional organizations; and personal and laundry services. Increases were concentrated in Quebec and Alberta. On a year-over-year basis, employment in this industry grew by 28,000 (+3.5%).
Employment in public administration increased by 9,000 in April, entirely due to more people working in this industry in Quebec. On a year-over-year basis, employment grew by 41,000 (+4.2%) at the national level, driven by gains since the beginning of 2019.
In agriculture, employment rose by 7,000 in April. On a year-over-year basis, employment in this industry was little changed.
Employment decreased by 15,000 in professional, scientific and technical services, mostly in Quebec. Nationally, this was the first monthly decline since August 2018. Despite the decrease in the month, employment in this industry grew by 63,000 (+4.3%) on a year-over-year basis.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190510/dq190510a-eng.htm
This presentation looks at different aspects of the Canadian economy as part of helping business and people understand the pressures Canada is facing both domestically as well as internationally.
The presentation will look at retail sales, housing starts, income, employment, government spending, key industry metrics and exports.
NDP is a good party to keep government honest, but to lead that would be a big mistake. NDP's policies of keeping goods in the ground, higher taxes for business and handouts are a recipe for economic and fiscal ruin.
Liberal Party of Canada – Election promises - September 2017paul young cpa, cga
- This document provides a summary of election promises made by the Liberal Party of Canada and an analysis of their fulfillment of these promises since forming the government in 2015.
- Key areas discussed include the economy, taxes, deficits, transparency, and policies impacting small businesses and immigration. It is argued that many promises have been broken or delayed, such as tax cuts for the middle class, and policies have increased taxes rather than lowered them. Deficits have been larger than promised due to lower GDP growth.
- Sources are provided for further details on specific policies and claims.
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
Many leaders are pushing guarantee income as part of social policy reforms. The problem is guarantee income is very costly for government with limited benefit in areas of productivity and job quality.
This document provides an analysis of Canada's GDP and economic growth under different Prime Ministers. It includes biographical information about the author, Paul Young. Several sources are cited that discuss GDP growth rates and key economic factors under Harper and Trudeau. Justin Trudeau previously criticized Harper's economic record. However, the document argues that Harper pursued various policies to support trade, innovation and economic growth. It also questions whether Trudeau's policies around clean technology and carbon taxation have significantly boosted jobs and growth. Overall, the document takes a skeptical view of claims that Harper damaged the economy and questions whether growth has meaningfully increased under Trudeau.
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.
This presentation will look at key commitments made during the 2015 election as part evaluating the government performance on key files.
This presentation is one opinion as such it is up to individuals to do their own research as part of understanding if the Liberal Party of Canada has met its election promises.
Trudeau failed to properly implement Keynesian economics in Canada. Keynesian economics advocates for increased government spending and lower taxes to stimulate demand during economic downturns. However, Trudeau introduced tax hikes, poor fiscal management, and regressive policies like carbon taxes that hurt the economy rather than stimulate it. Additionally, private investment and business expansion are key drivers of job growth, not just increased government spending. While Keynesian policies may work in theory, Trudeau failed to execute them effectively in practice.
This document provides an overview and analysis of issues facing the Canadian economy as it heads for slower economic growth. It summarizes GDP forecasts showing slowing global growth. For Canada specifically, it notes the IMF forecasting lower growth than previous estimates and discusses factors impacting Canadian GDP such as commodity prices, consumer demand, and government policies. Key sectors of the Canadian economy like goods production and exports are examined. Potential policy solutions discussed include investing in infrastructure, education and retraining to support new industries, and trade agreements to boost exports.
2019 Election| Retirement| Payroll Tax| CPP | Canada| August 2019paul young cpa, cga
Here is a review of CPP including the fact CPP is payroll tax. The only difference between CPP and Income tax is that CPP goes to specific fund that the government cannot touch directly.
2019 Election| Job Quality and Employment| Canada | June 2019paul young cpa, cga
This document analyzes employment trends in Canada from December 2015 to June 2019 using data from Statistics Canada. It finds that employment growth has primarily been in the services sector while goods-producing jobs have increased by only 6% since 2015. Specific provinces like Ontario and Alberta are discussed. Issues like precarious employment, brain drain, and compensation in the public vs private sector are also addressed. Solutions proposed include improving skills training, attracting foreign investment, and reforming taxation and government service delivery.
This document is a newsletter from the Nachman Phulwani Zimovcak (NPZ) Law Group discussing recent Canadian immigration law developments. It covers topics like the Canadian Law Group transferring IT workers to Canada under the new specialized knowledge guidelines, changes to the Temporary Foreign Worker Program requiring Labor Market Impact Assessments, Canada's International Mobility Program to attract high-skilled foreign workers, programs to attract French-speaking immigrants, and eligibility for NAFTA TN status for Mexican and Canadian professionals to work in the United States.
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
Government policy - Minimum Wage - Ontario - September 2017paul young cpa, cga
This presentation discusses Ontario's planned minimum wage increase to $15/hour by January 2019. It is forecasted that the wage hike could lead to 50,000-185,000 job losses, with impacts concentrated among teens and young adults. Both supporters and critics of the increase cite studies and data to argue their perspectives on the economic effects. The presentation provides background on average wages, employment levels, GDP, energy costs, and profiles of typical minimum wage earners to outline issues around the policy change.
This document summarizes key points from Paul Young's presentation on government policy and household income in Canada in 2016. It includes:
- Job losses forecasted from minimum wage increases range from 50,000 to 185,000 jobs lost.
- Median household incomes grew the most in Nunavut, Saskatchewan, Newfoundland and Labrador, Northwest Territories, Alberta, and Manitoba from 2005-2015. Income growth was lowest in Quebec and Ontario.
- The presentation discusses trends in household income, low income rates, energy poverty, and taxation policies across Canada.
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.
Fiscal Management - Canada - Debt to GDP and Surpluses (Deficits) - December ...paul young cpa, cga
This is allot spinning of information when it comes to the government. In many cases various government like spin facts to show they are doing a good job when they are not!
Employment was up by 32,000 in wholesale and retail trade in April, driven by increases in Quebec and Alberta. Compared with 12 months earlier, employment in this industry grew by 75,000 (+2.7%), entirely due to gains since the beginning of 2019.
Following four months of little change, employment in construction increased by 29,000 in April. Gains were concentrated in Ontario and British Columbia. On a year-over-year basis, employment in this industry was up by 32,000 (+2.2%).
There were 14,000 more people working in information, culture and recreation, entirely due to increases in Ontario. Compared with 12 months earlier, employment in this industry was little changed.
In "other services," employment rose by 14,000 in April. This industry includes repair and maintenance; services related to civic and professional organizations; and personal and laundry services. Increases were concentrated in Quebec and Alberta. On a year-over-year basis, employment in this industry grew by 28,000 (+3.5%).
Employment in public administration increased by 9,000 in April, entirely due to more people working in this industry in Quebec. On a year-over-year basis, employment grew by 41,000 (+4.2%) at the national level, driven by gains since the beginning of 2019.
In agriculture, employment rose by 7,000 in April. On a year-over-year basis, employment in this industry was little changed.
Employment decreased by 15,000 in professional, scientific and technical services, mostly in Quebec. Nationally, this was the first monthly decline since August 2018. Despite the decrease in the month, employment in this industry grew by 63,000 (+4.3%) on a year-over-year basis.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190510/dq190510a-eng.htm
This presentation looks at different aspects of the Canadian economy as part of helping business and people understand the pressures Canada is facing both domestically as well as internationally.
The presentation will look at retail sales, housing starts, income, employment, government spending, key industry metrics and exports.
NDP is a good party to keep government honest, but to lead that would be a big mistake. NDP's policies of keeping goods in the ground, higher taxes for business and handouts are a recipe for economic and fiscal ruin.
Liberal Party of Canada – Election promises - September 2017paul young cpa, cga
- This document provides a summary of election promises made by the Liberal Party of Canada and an analysis of their fulfillment of these promises since forming the government in 2015.
- Key areas discussed include the economy, taxes, deficits, transparency, and policies impacting small businesses and immigration. It is argued that many promises have been broken or delayed, such as tax cuts for the middle class, and policies have increased taxes rather than lowered them. Deficits have been larger than promised due to lower GDP growth.
- Sources are provided for further details on specific policies and claims.
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
Many leaders are pushing guarantee income as part of social policy reforms. The problem is guarantee income is very costly for government with limited benefit in areas of productivity and job quality.
This document provides an analysis of Canada's GDP and economic growth under different Prime Ministers. It includes biographical information about the author, Paul Young. Several sources are cited that discuss GDP growth rates and key economic factors under Harper and Trudeau. Justin Trudeau previously criticized Harper's economic record. However, the document argues that Harper pursued various policies to support trade, innovation and economic growth. It also questions whether Trudeau's policies around clean technology and carbon taxation have significantly boosted jobs and growth. Overall, the document takes a skeptical view of claims that Harper damaged the economy and questions whether growth has meaningfully increased under Trudeau.
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.
This presentation will look at key commitments made during the 2015 election as part evaluating the government performance on key files.
This presentation is one opinion as such it is up to individuals to do their own research as part of understanding if the Liberal Party of Canada has met its election promises.
Trudeau failed to properly implement Keynesian economics in Canada. Keynesian economics advocates for increased government spending and lower taxes to stimulate demand during economic downturns. However, Trudeau introduced tax hikes, poor fiscal management, and regressive policies like carbon taxes that hurt the economy rather than stimulate it. Additionally, private investment and business expansion are key drivers of job growth, not just increased government spending. While Keynesian policies may work in theory, Trudeau failed to execute them effectively in practice.
This document provides an overview and analysis of issues facing the Canadian economy as it heads for slower economic growth. It summarizes GDP forecasts showing slowing global growth. For Canada specifically, it notes the IMF forecasting lower growth than previous estimates and discusses factors impacting Canadian GDP such as commodity prices, consumer demand, and government policies. Key sectors of the Canadian economy like goods production and exports are examined. Potential policy solutions discussed include investing in infrastructure, education and retraining to support new industries, and trade agreements to boost exports.
2019 Election| Retirement| Payroll Tax| CPP | Canada| August 2019paul young cpa, cga
Here is a review of CPP including the fact CPP is payroll tax. The only difference between CPP and Income tax is that CPP goes to specific fund that the government cannot touch directly.
2019 Election| Job Quality and Employment| Canada | June 2019paul young cpa, cga
This document analyzes employment trends in Canada from December 2015 to June 2019 using data from Statistics Canada. It finds that employment growth has primarily been in the services sector while goods-producing jobs have increased by only 6% since 2015. Specific provinces like Ontario and Alberta are discussed. Issues like precarious employment, brain drain, and compensation in the public vs private sector are also addressed. Solutions proposed include improving skills training, attracting foreign investment, and reforming taxation and government service delivery.
This document is a newsletter from the Nachman Phulwani Zimovcak (NPZ) Law Group discussing recent Canadian immigration law developments. It covers topics like the Canadian Law Group transferring IT workers to Canada under the new specialized knowledge guidelines, changes to the Temporary Foreign Worker Program requiring Labor Market Impact Assessments, Canada's International Mobility Program to attract high-skilled foreign workers, programs to attract French-speaking immigrants, and eligibility for NAFTA TN status for Mexican and Canadian professionals to work in the United States.
Express Entry is a new electronic application management system that will apply to Canada's key economic immigration programs starting in January 2015. It will provide employers with access to skilled foreign nationals when they cannot find Canadians or permanent residents to fill positions. For prospective immigrants, Express Entry will result in faster processing times of six months or less. The system will select candidates most likely to succeed in Canada based on skills, education, language ability and other factors. Candidates with a valid job offer or provincial nomination will be prioritized.
This document summarizes the six selection factors that Citizenship and Immigration Canada (CIC) uses to assess applications for federal skilled workers: English/French language skills, education, work experience, age, arranged employment, and adaptability. Applicants are scored out of 100 points across these factors, and must score a minimum of 67 points to qualify for immigration. The document provides details on how points are awarded for each selection factor.
The document discusses the Working in Canada Tool, which was developed to provide tailored labor market information to immigrants and newcomers in Canada. The tool allows users to input an occupation and location to receive a report on job prospects, wages, training requirements and other relevant data pulled from various government databases. Since its launch in 2007, over 500,000 reports have been generated. The document also outlines planned additions to the tool, including partnerships with other organizations and a new interface to allow third-parties to provide complementary information for inclusion in the reports.
The document discusses Canada's Temporary Foreign Worker Program and recent overhauls that aim to improve clarity, transparency, and accountability. It covers topics like work permits that require a Labor Market Impact Assessment, intracompany transfer work permits, and growing employer compliance obligations.
This chapter discusses how government policies such as price controls, taxes, and minimum wages can impact markets. Price ceilings place a legal maximum price for a good, which can result in shortages if the ceiling is binding. Price floors set a legal minimum price, potentially leading to surpluses. Taxes decrease the quantity of goods sold by creating a wedge between buyer and seller prices; the tax burden depends on supply and demand elasticities. The minimum wage is an example of a price floor that can cause unemployment in the labor market.
The document discusses how government policies like price controls, price floors and ceilings, and taxes can impact supply and demand equilibrium in a market. It explains that price controls can result in shortages or surpluses if the price is set below or above the market equilibrium price. Taxes on goods lead to a smaller quantity sold as the tax burden is shared between buyers and sellers through a change in the market equilibrium.
Government policies such as price controls, taxes, and minimum wages can impact supply and demand in markets. Price controls like ceilings and floors are set above or below equilibrium prices and result in shortages or surpluses. Taxes decrease market activity by shifting supply and demand curves. The incidence of a tax depends on supply and demand elasticities, with inelastic sides bearing more of the burden. These policies are aimed at achieving economic and social goals but can impact market efficiency.
1. The document discusses the marginal revenue product (MRP) theory of labour demand, which states that firms will demand labour up to the point where the marginal cost of an additional worker equals the marginal revenue product of that worker.
2. It provides examples to illustrate how marginal revenue product is calculated based on marginal physical product and output price. It also discusses how imperfect competition can impact marginal revenue product.
3. The document then discusses factors that can cause shifts in the demand for labour like changes in product demand, productivity, costs of employing workers, and technology. It also discusses the elasticity of labour demand.
This document provides an overview and analysis of the New Democratic Party (NDP) and their approach to fiscal management and the economy from the perspective of Paul Young CPA, CGA. It discusses NDP provincial governments in several Canadian provinces and their budget balances. It also examines the NDP's Leap Manifesto and comments on the performance of NDP governments in Ontario. Paul Young provides facts and statistics to argue that NDP policies have not necessarily helped economic expansion or growth. The document aims to analyze the NDP's approach to fiscal policy and economic management.
This presentation will look the work Conservative Party of Canada under Prime Minster Stephen Harper.
The presentation will focus on government spending, taxation, middle class, GDP, Labour Market and other areas
2019 Election| Fiscally Responsible Government| Canada| September 2019paul young cpa, cga
This document provides an agenda for a discussion on public sector efficiency in Canada in September 2019. It includes sections on emerging markets, public sector effectiveness, blogs on the auditor general and public sector compensation, and gaps in financial planning and analysis. Solutions proposed focus on making government more lean and efficient, ensuring value for money in programs, maintaining competitive tax rates, and requiring politicians to have training in finance.
This presentation discusses all aspect low income and poverty levels including government policies, job creation, hydro rates, cost of living, income growth, income inequality, wealth distribution and income tax.
The document summarizes the Canada labor market report for September 2016. It discusses the rise in overall employment by 67,000 driven mostly by part-time work, while unemployment held steady at 7.0%. Breakdowns of employment data by age group, province, and sector are provided. Comments from BMO, Scotiabank, and TD Economics on the employment report are also summarized. The outlook predicts that a new carbon tax policy and planned CPP hikes may impact foreign investment, small businesses, and slow overall economic growth.
Who could see this coming that jobs would go out the door as employment shrunk by 88,000
P/T jobs are gone which is par for the course as many of them were Christmas related, right? Except that in January 2017 57K net new jobs were created, right?
This document provides an analysis of Canadian employment data from May 2019. It summarizes employment statistics by sector and analyzes trends in Ontario and Alberta. It also outlines three blog post topics on employment, brain drain, and comparing public and private sector compensation in Canada. The document is presented by Paul Young and contains employment data and analysis to inform issues for the 2019 Canadian election.
This document summarizes employment data from Canada for April 2019. It finds that employment increased in several sectors such as wholesale and retail trade, construction, and information and culture. Employment decreased in professional, scientific, and technical services. It also analyzes employment trends and participation rates in Ontario and Alberta. Key issues discussed include the brain drain of tech talent from Canada, the gap between public and private sector compensation, and solutions for improving economic growth and competitiveness.
2019 Election| Scorecard | Liberal Party of Canada | Prime Minister - Justin ...paul young cpa, cga
Here is a look at key areas of policy as part of assessing the success of Trudeau. Trudeau and his team often tout certain stats as way to show people they are successful. The problem is that many stats are very high level as such never discuss the details.
Unions have a role to ensure they work with companies as part of the collective bargaining agreement
Unions have said little or nothing when it comes to policies that hinder Canada’s competitive position
CPC introduced oversight which was reversed by Trudeau and the Liberals - http://business.financialpost.com/opinion/trudeau-gives-big-labour-a-pass
Here is a review of key areas facing Canada and the world. Canada along with its provinces will require to work together as part of moving Canada's economy and public sector beyond 2020 into the future.
Key industry and market indicators for august 2015 canada and north americapaul young cpa, cga
Key market and industry trends for Canada and rest of the world.
- CPI
- Trade
- Sales
- Trends
- Pricing
- Commodities
- Inflation
- Production volume
- Green Technology
2019 Election| Public Sector Efficiency| Canada| July 2019paul young cpa, cga
The time for big government is now gone. Government needs to be re-size to ensure maximum value is being achieved for tax dollars that are collected by all levels of government.
There has been little discussion of a economic road map as part of the managing COVID19. The economy has many parts to it as such govt needs to come up with fiscal and economic road map as part moving Canada through the COVID19 crisis.
Real truth - Canada and United States - GDP - January 2018paul young cpa, cga
GDP is key measurement for a country. Allot is said about GDP, especially by various government. The reality is government gets to much credit for booming economy and too much fault for recession.
There are many factors drive GDP including taxation, business returns, consumer spending and government spending. 2/3 of economies tend to be driven by consumer spending. If you set policies that takes more money out people’s pocket book then that will lead to less consumer spending.
Canada no longer has the fastest growing economy in the G-7 - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
The document discusses issues facing Canada's slowing economic growth and potential solutions. It analyzes GDP trends, key industries, employment, exports and other factors. The economic advisory council is proposing ideas like increasing immigration, retraining workers, and public-private infrastructure projects to boost growth. However, there are no easy fixes as many interconnected challenges contribute to slow growth. The government will need to pursue pro-business policies while balancing the budget to create an environment where new industries and jobs can thrive.
Paul Young discusses unemployment insurance programs in Canada. He provides an overview of Canada's Employment Insurance program, including eligibility requirements and benefits. Recent extensions to EI during COVID-19, such as the Canada Emergency Response Benefit, are also examined. Urban unemployment rates and the impact of COVID-19 on different parts of Canada are reviewed. The summary concludes by noting that future training programs should be aligned with developing jobs and skills.
The role of government is to provide support programs as part of transitioning people into new careers. This presentation looks at CERB and EI programs.
Similar to Government Policies - Labour Market - Canada (20)
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
The document provides an overview of key metrics and trends in the logistics, warehousing, distribution, and transportation sector. It includes data on consumer price index, diesel fuel costs, freight indexes, e-commerce sales, retail sales, class 8 truck sales, EPA emissions standards, trailer sales, and tonnage. It also discusses supply chain management solutions like planning analytics, blockchain, and AI assistants. Finally, it touches on topics like infrastructure spending, automation, and ESG reporting.
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
United States retail sales rose 0.6% in August despite flat sales at internet retailers after Amazon Prime Day. Most of the increase was due to higher gasoline prices. While consumer spending has been strong, higher interest rates and a slowdown in hiring are expected to restrain purchases in the coming months. Forecasters predict the 2023 holiday shopping season could be the weakest in five years due to economic challenges facing consumers. The retail sector continues facing inventory management challenges and social governance issues.
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
This document provides a summary of strategies to improve governance in government. It discusses factors that impact governance like transparency and accountability. It recommends using performance audits to assess key performance indicators and ensure recommendations are implemented. Other strategies include improving data ethics and literacy, mitigating geopolitical risks, adopting ESG reporting, and using technology like audit analytics and AI to enhance governance. The overall goal is for government to deliver programs and tax policies with value for money and transparency.
This document provides an analysis of the agriculture output and equipment sector for August 2023. It includes discussions of commodity prices, crop estimates, energy prices, food prices, farming incomes, top farming states, food processors, and the role of technology and government in farming. Key points covered include rising input costs challenging farmers, preliminary crop estimates for Canada, volatility in oil and diesel prices impacting farm expenses, and opportunities for data and automation to help address issues in the agriculture industry.
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
- An introduction and biography of presenter Paul Young CPA CGA
- An agenda covering topics like vaccine production, drug discovery, innovation in areas like storage and AI, and the life sciences strategy
- Links and summaries of information on these topics, including the top vaccine manufacturers, regulations in Canada, and growth in the pharmaceutical market
The presentation aims to discuss key areas of the biotech/pharmaceutical sector including vaccine development and production, drug discovery, innovation, and strategies for the life sciences industry. Links and outside sources are provided to support the topics in the agenda.
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
This document discusses using analytics to improve public safety management. It outlines rising public safety costs for governments and key issues facing policing like complex crimes and accountability. The document presents crime rate data for Canada and discusses building machine learning models in SPSS and dashboards in Cognos Analytics to analyze police data and forecast expenses. Finally, it lists potential next steps for crime in Canada like bail and corrections reforms, gun control, and increased police oversight.
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
The document discusses workforce planning and employment analysis. It provides an overview of employment statistics in the United States, Canada, and Australia. It then discusses Sysco's workforce planning model and the role of the CFO in workforce planning. Finally, it defines autonomous finance as the automation of financial operations through software and algorithms, and provides some key statistics on its adoption.
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
This presentation provides an overview of key trends in the global automotive sector in August 2023. It discusses 1) sales trends in Canada, the US and globally, 2) the growth of electric vehicles and focus on reducing emissions, and 3) ongoing transformation in the industry through automation, connectivity and new technologies. Sources included discuss topics like electric vehicle production and adoption, public safety issues regarding EV fires, gasoline and car prices, supply chain challenges, and green transitions in transportation.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
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.
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
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In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
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2. AGENDA
1. Summary
2. Labor and Wages for Canada by Key Sector
3. BMO – Comments – Employment
4. Scotiabank – Comments – Employment
5. TD Economics – Employment
6. Outlook
7. Minister of Finance
8. Election 2015 blog on the labour market
3. SUMMARY
1. Employment rose by 67,000 (+0.4%) in September, with most of the increase in part-time
work. The unemployment rate was unchanged at 7.0%, as more people participated in the
labor market.
2. In the third quarter of 2016, employment gains totaled 62,000 (+0.3%). This followed little
change in employment in the second quarter and a slight increase of 33,000 (+0.2%) in the
first quarter.
3. Compared with 12 months earlier, employment rose by 139,000 (+0.8%), with most of the
gains in part-time work. Over the same period, the total number of hours worked edged up
0.2%.
4. In September, there were more employed people aged 55 and older. At the same time, there
was little change in employment among both the 15-to-24 and 25-to-54 age groups.
5. Provincially, employment rose in Quebec, Alberta and New Brunswick. There was little
change in the other provinces.
6. In September, more people worked in public administration, educational services, and
transportation and warehousing. At the same time, employment declined in health care and
social assistance.
7. Self-employment increased in September, while there was little change in the number of
private and public sector employees.
Source – Stats Canada
8. ELECTION 2015
The election of campaign of 2015 discussed labor market including jobs that
were precarious.
Here is a comment from the now finance minister” Finance Minister Bill
Morneau says Canadians should get used to so-called "job churn" -- short-
term employment and a number of career changes in a person's life.
Morneau made the comment on Saturday at a meeting of the federal Liberal
Party's Ontario wing, days before he's scheduled to deliver a fall economic
update.
The remark also comes just three days after the Bank of Canada delivered
bad news for the economy, downgrading the country's growth outlook yet
again.
Source http://www.ctvnews.ca/politics/get-used-to-job-churn-morneau-
tells-liberal-meeting-1.3126992
9. LABOUR MARKET – GOVERNMENT
POLICIES
Government can influence hiring by their taxation policies and other policies
1. Payroll Taxation
2. WSIB
3. Carbon Taxation
4. Minimum Wage Hikes
5. Hydro rates
Business will response to changes to through combination of efforts:
1. Raising Prices
2. Scaling back hours
3. Laying off staff
4. Consolidation of operations
10. It is funny how you attack my threads that show detail links, right? It seems to me that my posts are backup with links to presentation
that are tied back to comments made by different business sources.
http://globalnews.ca/news/2169728/reality-check-are-canadas-newly-created-jobs-part-time-precarious-and-low-paid/
Fact 1 – Employment – All I see from your comments is opinion and no facts. It seems you call me a troll, right? The only reason people
call me a troll is they cannot defend their opinion with facts, right? Let me crunch a few things based on the below links –
Since 2010 there has been 722K full-time jobs and 118K part-time jobs created in Canada. So, 86% of the new jobs are full-time. So,
where is the 80% number you quoting coming from in terms of its accuracy?
The main sector of growth are the following sectors
Accommodation/food services approximately 98K
Healthcare approximately 249K – this ties to more money being spent on healthcare by provinces to support need for additional
services
Professional jobs approximately 170K
Construction approximately 220K – does this not benefit skill trades and tied to the housing market being solid in Canada
Summary:
The bulk of jobs are in areas that pay good salaries. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labor93a-
eng.htm. The only sector that would see the bulk of minimum wage would be accommodation/services.
Food/Services jobs are created due to people spending money on meals and entertainment and travel -
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/trad15a-eng.htm or
https://www.restaurantscanada.org/Portals/0/Non-Member/2015/restaurantoutlooksurvey_2015_q1.pdf
Source: http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-
05/which_industries_are_creating_jobs.aspx
My Labour Blog response to Mark Whyte
Source: Facebook / Election 2015 Blog
11. CONT.
Ontario has its’ own issue, but they are not driven by federal policies. They are from bad
policies, like FIT or Regulations or other bad policies. So, I guess comments from the
following people are wrong, right? http://www.theglobeandmail.com/report-on-
business/ontario-policies-could-put-auto-making-at-risk-fiat-chrysler-ceo-
warns/article25418311/ (Is this guy wrong?) or why did Cliff Resources pull out
(http://www.baytoday.ca/content/news/details.asp?c=73707) or How do you think ORPP is
going to impact business (http://www.thestar.com/news/queenspark/2015/06/02/business-
warns-against-wynnes-pension-plan.html)
Canada has one of the strongest middle class in the world, but
no comment. Here are facts/videos on the middle class -
https://www.youtube.com/watch?v=xqLDHQ-iJU8 (is this a lie?
or https://www.youtube.com/watch?v=yOl37VcG89c (is this a lie? -
http://globalnews.ca/.../tax-cuts-since-2005-net.../ (is this a lie?) Or
http://www.slideshare.net/paulyoungcga/taxation-policies (are my slides 8-11 wrong).
Do you have issues with C377, if so why? C377 ensure hardworking union members received
more transparency on how dues are to be spent. http://cupe.ca/fact-sheet-union-dues-and-
rand-formula. It seems me that dues should be used as part of the collective bargaining
agreement and/or skills development or strike funds, right? Yet many unions use the dues to
attack the government, right?
http://www.therebel.media/we_fact_check_unifor_s_anti_harper_ad.
I get the sense from your comments that you are bitter at harper likely that you have been
sold a bill of goods from either your union or Mulcair.
12. EMPLOYMENT OUTLOOK FOR 2016
1. Canadian Government new policy on Carbon Taxation will have
impact on FDI and the labor market
2. Planned CPP hikes will impact small business. Small business may
cut hours, jobs and/or freeze pay.
3. Slow Growth is predicted for the Canadian Economy.