Part of building a strong unions means that all levels of govt need to get along.
Too many govt are pushing their own social agenda which has caused rifts at all levels of govt.
This presentation will discuss trade between provinces and the issue facing provinces in terms of breaking down barriers
This presentation will also discuss provincial relations either with the federal government or with other provinces.
Inter provincial relations are at all-time low as provinces are putting up barriers to trade.
There are many issues facing the provinces including fiscal and economic challenges. The provinces will want the next government to be partner with them.
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
This presentation will discuss trade between provinces and the issue facing provinces in terms of breaking down barriers
This presentation will also discuss provincial relations either with the federal government or with other provinces.
Inter provincial relations are at all-time low as provinces are putting up barriers to trade.
There are many issues facing the provinces including fiscal and economic challenges. The provinces will want the next government to be partner with them.
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
The Consumer Price Index (CPI) rose at a faster pace year over year in February (+1.1%) than in January (+1.0%). The rise in gasoline prices (+5.0%) supported consumer price growth in February. Excluding gasoline, the CPI rose 1.0% in February—down from a 1.3% increase in January. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210317/dq210317a-eng.htm
Housing Prices -
The largest y-o-y gains – above 35% range – were recorded in the Lakelands region of Ontario cottage country, Tillsonburg District and Woodstock-Ingersoll.
Y-o-y price increases in the 30-35% were seen in Barrie, Niagara, Bancroft and Area, Grey-Bruce Owen Sound, Kawartha Lakes, London & St. Thomas, North Bay, Northumberland Hills, Quinte & District, Simcoe & District and Southern Georgian Bay.
This was followed by y-o-y price gains in the range of 25-30% in Hamilton, Guelph, Cambridge, Brantford, Huron Perth, Kitchener-Waterloo, Peterborough and the Kawarthas and Greater Moncton.
https://www.newswire.ca/news-releases/canadian-housing-markets-set-records-again-in-february-879761646.html
Wages and Inflation - https://www.bnnbloomberg.ca/investing/video/hard-for-inflation-to-rise-in-canada-with-tempered-wage-growth-and-energy-prices-paul-sandhu~2097184
Large debt - https://economics.td.com/ca-canadian-wealth
Blog – Cost of Living – Canada – March 2021
1. Carbon tax and gasoline - https://www.reddeeradvocate.com/news/expect-higher-gasoline-prices-after-carbon-tax-hike/
2. Canada housing prices are the most overvalued within the G7 - https://betterdwelling.com/canadian-estate-prices-are-the-most-overvalued-in-the-g7-shows-another-indicator/
3. Commodity prices - https://www.bnnbloomberg.ca/commodities/video/meat-vegetables-and-bakery-items-drive-food-inflation-rate-higher-in-2021-charlebois~2095759
4. Lumber prices - https://www.woodbusiness.ca/mwc-2021-no-relief-in-sight-for-high-lumber-prices-tight-supply-but-future-is-bright/
5. USA consumer prices hit 8 ½ high - https://www.woodbusiness.ca/mwc-2021-no-relief-in-sight-for-high-lumber-prices-tight-supply-but-future-is-bright/
6. Natural gas and hydro - https://oilprice.com/Energy/Natural-Gas/Why-Natural-Gas-Wont-Be-Replaced-Anytime-Soon.html
7. Freight index - https://www.logisticsmgmt.com/article/march_cass_freight_index_report_trends_up_for_shipments_and_expenditures
8. Threat of inflation - https://www.marketwatch.com/story/economists-says-inflation-risks-are-highest-in-20-years-and-could-force-fed-to-raise-interest-rates-by-2022-11616426962
9. 60% of Cdns worried about inflation - https://www.bnnbloomberg.ca/60-of-canadians-worried-about-inflation-in-2021-cibc-1.1541942Morneau-Shepell predicts average wage growth of only 1.9% for 2021 which likely will be less than inflation - National data broken down by province shows an overall actual average base salary increase including freezes of 1.6% for 2020 and a projected average base salary increase of 1.9% 2021.
Government policies - Indigenous Affairs (First Nations) - Canada - Septembe...paul young cpa, cga
All governments make promises they will be better when it comes to government. This presentation looks at first nations including the election promises made by the Liberals during the 2015 election campaign.
Case studies for four counties in the Marcellus and Utica Shale region conducted by the anti-drilling Multi-State Shale Research Collaborative that purports to highlight a bunch of negative effects from shale drilling.
Government Policies - Aboriginal affairs formerly first nations- Canada - Dec...paul young cpa, cga
This presentation looks state of funding for government affairs as well as accountability for how funding is used by Assembling of First Nations’ various bands
The presentation will look at areas like economic development, resource management, public safety, water and land management
Equalization and Government Transfers to the Provinces - Canada paul young cpa, cga
1. NF - https://economics.td.com/newfoundland-labrador-budget
2. BC bond downgrade - https://www.fitchratings.com/research/international-public-finance/fitch-downgrades-province-of-british-columbia-idrs-to-aa-from-aaa-outlook-stable-25-06-2021
3. Provincial outlook - https://economics.td.com/provincial-economic-forecast
4. Natural resources output - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.htm - Real gross domestic product (GDP) of the natural resources sector rose 2.9% in the first quarter of 2021, the third consecutive quarterly increase. The rise in the natural resources sector was strong, compared with economy-wide real GDP (+1.4%), reflecting growing demand for natural resource products as the country recovers from the pandemic.
5. MFG - https://economics.td.com/ca-manufacturing-sales
6. Construction - https://canada.constructconnect.com/joc/news/economic/2021/06/canada-no-slouch-when-it-comes-to-construction-material-cost-hikes
7. Automation - https://economics.td.com/ca-pandemic-digitalization
8. Retail sales - https://danavation.com/top-tech-trends-in-retail/
9. Infrastructure - https://www.thestar.com/business/opinion/2021/06/26/lets-reboot-canadas-infrastructure-by-including-the-community-sector.html
10. Value for money - https://www.sherwoodparknews.com/opinion/indigenous-funding-a-massive-failure/wcm/88b68f6a-9d37-4e45-a1bd-f5449fb90ae8 or Here is a brief look at why value for money and performance audits are very important for all levels of government - https://www.slideshare.net/paulyoungcga/why-are-value-for-money-and-performance-audits-important-for-government-public-sector
2019 Election| Availability and Affordability | Canada | May 2019paul young cpa, cga
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
The Edelman Perspective - 2018 Federal Cabinet ShuffleEdelman
As the Canadian government prepares for an election in 2019, they have shuffled their cabinet to address a number of challenging files including domestic intergovernmental relations, trade diversification, and border security.
State of Affairs - First Nations (Aboriginals) - Canada - September 2018paul young cpa, cga
State of funding for government affairs as well as accountability for how funding is used by Assembling of First Nations’ various bands
Socioeconomics issues with be discussed
Economic development, resource management, public safety, water and land management
More enforcement of accountability and transparency including look at funding and outcomes.
All parties need to look at solutions and not the blame game
- The role of the federal government for Canada is to look out for Canadians and not support any province over another
- Many provinces are facing internal pressures including high taxes and reduction in terms of availability of programs
- Trudeau's team continues to create divide both with the world and the provinces
- Harper when PM chose to deal with provinces one on one
- Trudeau said he would have better relations as such has failed
This presentation will discuss trade between provinces and the issue facing provinces in terms of breaking down barriers
This presentation will also discuss provincial relations either with the federal government or with other provinces.
The Consumer Price Index (CPI) rose at a faster pace year over year in February (+1.1%) than in January (+1.0%). The rise in gasoline prices (+5.0%) supported consumer price growth in February. Excluding gasoline, the CPI rose 1.0% in February—down from a 1.3% increase in January. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210317/dq210317a-eng.htm
Housing Prices -
The largest y-o-y gains – above 35% range – were recorded in the Lakelands region of Ontario cottage country, Tillsonburg District and Woodstock-Ingersoll.
Y-o-y price increases in the 30-35% were seen in Barrie, Niagara, Bancroft and Area, Grey-Bruce Owen Sound, Kawartha Lakes, London & St. Thomas, North Bay, Northumberland Hills, Quinte & District, Simcoe & District and Southern Georgian Bay.
This was followed by y-o-y price gains in the range of 25-30% in Hamilton, Guelph, Cambridge, Brantford, Huron Perth, Kitchener-Waterloo, Peterborough and the Kawarthas and Greater Moncton.
https://www.newswire.ca/news-releases/canadian-housing-markets-set-records-again-in-february-879761646.html
Wages and Inflation - https://www.bnnbloomberg.ca/investing/video/hard-for-inflation-to-rise-in-canada-with-tempered-wage-growth-and-energy-prices-paul-sandhu~2097184
Large debt - https://economics.td.com/ca-canadian-wealth
Blog – Cost of Living – Canada – March 2021
1. Carbon tax and gasoline - https://www.reddeeradvocate.com/news/expect-higher-gasoline-prices-after-carbon-tax-hike/
2. Canada housing prices are the most overvalued within the G7 - https://betterdwelling.com/canadian-estate-prices-are-the-most-overvalued-in-the-g7-shows-another-indicator/
3. Commodity prices - https://www.bnnbloomberg.ca/commodities/video/meat-vegetables-and-bakery-items-drive-food-inflation-rate-higher-in-2021-charlebois~2095759
4. Lumber prices - https://www.woodbusiness.ca/mwc-2021-no-relief-in-sight-for-high-lumber-prices-tight-supply-but-future-is-bright/
5. USA consumer prices hit 8 ½ high - https://www.woodbusiness.ca/mwc-2021-no-relief-in-sight-for-high-lumber-prices-tight-supply-but-future-is-bright/
6. Natural gas and hydro - https://oilprice.com/Energy/Natural-Gas/Why-Natural-Gas-Wont-Be-Replaced-Anytime-Soon.html
7. Freight index - https://www.logisticsmgmt.com/article/march_cass_freight_index_report_trends_up_for_shipments_and_expenditures
8. Threat of inflation - https://www.marketwatch.com/story/economists-says-inflation-risks-are-highest-in-20-years-and-could-force-fed-to-raise-interest-rates-by-2022-11616426962
9. 60% of Cdns worried about inflation - https://www.bnnbloomberg.ca/60-of-canadians-worried-about-inflation-in-2021-cibc-1.1541942Morneau-Shepell predicts average wage growth of only 1.9% for 2021 which likely will be less than inflation - National data broken down by province shows an overall actual average base salary increase including freezes of 1.6% for 2020 and a projected average base salary increase of 1.9% 2021.
Government policies - Indigenous Affairs (First Nations) - Canada - Septembe...paul young cpa, cga
All governments make promises they will be better when it comes to government. This presentation looks at first nations including the election promises made by the Liberals during the 2015 election campaign.
Case studies for four counties in the Marcellus and Utica Shale region conducted by the anti-drilling Multi-State Shale Research Collaborative that purports to highlight a bunch of negative effects from shale drilling.
Government Policies - Aboriginal affairs formerly first nations- Canada - Dec...paul young cpa, cga
This presentation looks state of funding for government affairs as well as accountability for how funding is used by Assembling of First Nations’ various bands
The presentation will look at areas like economic development, resource management, public safety, water and land management
Equalization and Government Transfers to the Provinces - Canada paul young cpa, cga
1. NF - https://economics.td.com/newfoundland-labrador-budget
2. BC bond downgrade - https://www.fitchratings.com/research/international-public-finance/fitch-downgrades-province-of-british-columbia-idrs-to-aa-from-aaa-outlook-stable-25-06-2021
3. Provincial outlook - https://economics.td.com/provincial-economic-forecast
4. Natural resources output - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.htm - Real gross domestic product (GDP) of the natural resources sector rose 2.9% in the first quarter of 2021, the third consecutive quarterly increase. The rise in the natural resources sector was strong, compared with economy-wide real GDP (+1.4%), reflecting growing demand for natural resource products as the country recovers from the pandemic.
5. MFG - https://economics.td.com/ca-manufacturing-sales
6. Construction - https://canada.constructconnect.com/joc/news/economic/2021/06/canada-no-slouch-when-it-comes-to-construction-material-cost-hikes
7. Automation - https://economics.td.com/ca-pandemic-digitalization
8. Retail sales - https://danavation.com/top-tech-trends-in-retail/
9. Infrastructure - https://www.thestar.com/business/opinion/2021/06/26/lets-reboot-canadas-infrastructure-by-including-the-community-sector.html
10. Value for money - https://www.sherwoodparknews.com/opinion/indigenous-funding-a-massive-failure/wcm/88b68f6a-9d37-4e45-a1bd-f5449fb90ae8 or Here is a brief look at why value for money and performance audits are very important for all levels of government - https://www.slideshare.net/paulyoungcga/why-are-value-for-money-and-performance-audits-important-for-government-public-sector
2019 Election| Availability and Affordability | Canada | May 2019paul young cpa, cga
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
The Edelman Perspective - 2018 Federal Cabinet ShuffleEdelman
As the Canadian government prepares for an election in 2019, they have shuffled their cabinet to address a number of challenging files including domestic intergovernmental relations, trade diversification, and border security.
State of Affairs - First Nations (Aboriginals) - Canada - September 2018paul young cpa, cga
State of funding for government affairs as well as accountability for how funding is used by Assembling of First Nations’ various bands
Socioeconomics issues with be discussed
Economic development, resource management, public safety, water and land management
More enforcement of accountability and transparency including look at funding and outcomes.
All parties need to look at solutions and not the blame game
- The role of the federal government for Canada is to look out for Canadians and not support any province over another
- Many provinces are facing internal pressures including high taxes and reduction in terms of availability of programs
- Trudeau's team continues to create divide both with the world and the provinces
- Harper when PM chose to deal with provinces one on one
- Trudeau said he would have better relations as such has failed
This presentation will discuss trade between provinces and the issue facing provinces in terms of breaking down barriers
This presentation will also discuss provincial relations either with the federal government or with other provinces.
Trade and Protectionism Policies| Internal Trade Barriers| Canadapaul young cpa, cga
Part of reforming the economy means tearing down barriers with trade and labor mobility. All levels of government need to work together to eliminate all barriers.
Federal Transfers to Provinces and Territories| Canada| Analysis and Commentarypaul young cpa, cga
Blog – Federal transfers to Provinces and Territories – Canada
1. PQ vs Ontario – Debt management - https://barrhavenindependent.ca/2021/04/02/ontario-needs-to-look-to-quebec-for-debt-management-strategies/
2. Canada must avoid the 2% GDP growth trap - https://financialpost.com/news/economy/scotiabank-ceo-pushes-for-child-care-business-grants-and-freer-provincial-trade-to-escape-2-growth-trap
3. More needs to be done to support domestic production of key parts of the supply chain - https://economics.td.com/ca-manufacturing-sales or https://canada.constructconnect.com/joc/news/government/2021/04/b-c-funds-10-million-in-grants-for-manufacturers
4. Natural resources development - https://energynow.ca/2021/04/canadians-support-natural-resource-development-ipsos-poll/
5. Small to medium-size businesses - https://www.newswire.ca/news-releases/kpmg-survey-finds-support-for-continued-investment-in-the-economy-ahead-of-federal-budget-but-canadians-want-stimulus-focused-on-long-term-economic-growth-893471120.html. The problem is 2021 budget did not deal with competitiveness - https://www.slideshare.net/paulyoungcga/how-to-improve-canada-global-competitiveness
6. Chamber of Commerce - https://www.thewhig.com/news/local-news/local-chamber-of-commerce-critics-call-for-more-private-spending-in-national-budget
7. Healthcare delivery has been a problem for decades. https://www.slideshare.net/paulyoungcga/reforming-healthcare-with-countries-around-the-world
8. Lack of proper training programs to address issues with skill gap - https://www.slideshare.net/paulyoungcga/human-capital-management-skills-development-analysis-and-commentary-february-2021
9. Performance of government - https://www.slideshare.net/paulyoungcga/public-sector-canada
10. Canada went up 0.2% in terms of emission when comparing 2019 with 2018 as compared to the USA that seen a 2% drop in emissions in 2019 compared to 2018 https://www.slideshare.net/paulyoungcga/global-emissions-and-environmental-policy So much for the carbon tax reducing emissions!
2019 Election| Federal Transfers to Province| Canada | August 2019paul young cpa, cga
This presentation provides the facts on federal transfers. The information in the presentation will help you make an informed decision when it comes the path forward when it comes to federal government transfers.
The federal government of Canada provides equalization payments as part of helping provinces support social programs when they do not have the ability to increase their revenue through economic activities.
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.
Part of the role of government is collect tax and the spend tax dollars on social programs. The liberals came to power after the CPC left $1B surplus. The Liberals turned the $1B deficit into $18B deficits. Liberals spending did nothing for the economy. You argue that bad policies by the liberals in areas like regulations, taxation, infrastructure, etc set growth back.
2019 Election| Global Trade and Protectionism| Canada| May 2019paul young cpa, cga
Canada depends on exports as such needs fair and equitable trad deals to expand business opportunities for Canadian Businesses
Canada is going to more regulations and higher taxes as compare to countries like the USA which are focusing on reducing both taxes and regulations
Canada is pushing clean technology at all costs through funding of clusters as well as other funding programs
Canada is pushing social issues on all trade deals. Countries are balking at social issues.
Canada is less competitive today than back in 2015. Trudeau has decided to hike taxes for small business, raise CPP rates and force carbon tax/price for carbon on all provinces. Trudeau is using the same model that drove out jobs in Ontario due hikes to hydro rates. - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
Federal Transfers to the Provinces - Canada - February 2018paul young cpa, cga
Equalization agreement is up in 2018. A new deal is required to ensure there is proper balance in terms of sharing of revenue.
Provinces need to break down internal trade barriers. Internal trade barriers are leading to issues with productivity as well as profitability for companies.
PQ relies of the equalization to subsidize businesses, day care and tuition.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Internal Controls
• SME – Business Process Changes
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Supply Chain ManagementContact information:
Paul_Young_CGA@Hotmail.com
4. Overview
• This presentation will discuss trade between provinces and the
issue facing provinces in terms of breaking down barriers
• This presentation will also discuss provincial relations either with
the federal government or with other provinces.
• Inter provincial relations are at all-time low as provinces are
putting up barriers to trade.
10. Cost to the Economy
• The business group says internal barriers damage productivity and
competitiveness, harm Canada’s international reputation as a
place to do business, and cost the economy as much as 14 billion
Canadian dollars ($12.8 billion) a year.
13. Trudeau and Provincial Relations / Immigration
Refugees / Border
Trudeau’s tweet - https://globalnews.ca/news/3212041/justin-
trudeau-refugees-donald-trump-travel-ban/
1. YTD June 2018 - - https://www.canada.ca/en/immigration-
refugees-citizenship/services/refugees/asylum-claims.html
2. 2017 - https://www.canada.ca/en/immigration-refugees-
citizenship/services/refugees/asylum-claims-2017.html
3. Refugees -
https://www.slideshare.net/paulyoungcga/refugee-crisis-
canada-july-2018
In two years there has been over 30,000 arrests at the border
and you say there is no relation to Trudeau’s Tweet? -
https://debatepost.com/2017/08/16/alysum-seekers-demand-
more-money-and-housing-from-canadian-taxpayers/
14. Federal Government and
Equalization
• “The Globe and Mail first reported earlier this week that the
Liberal government quietly renewed the equalization formula in
its 2018 budget, so it will stay in its current form until 2024. But
Tom Osborne says it's frustrating N.L. is considered a "have"
province under that formula — despite its current fiscal
situation. "We've got a very large geography, one of the most
widely dispersed population in all of the country, we've got very
rural areas. So this province is expensive to maintain," said the
finance minister Friday. "When you look at other provinces with
smaller geographies and twice the population, that's not taken
into account," he added. ” -
https://www.cbc.ca/news/canada/newfoundland-
labrador/finance-minister-wants-new-equalization-rules-
1.4719209
• Equalization payments have long been a contentious issue
between the Canadian government and provinces.
• The payments are once again in the news
this week, after it came to light that the
formula for how the money is
distributed will stay the same until 2024.
• Source -
• Liberals hold 152 seats in areas that received
equalization
• Liberals are concerned about losing seats in
AB and SK as such focus is on their existing
areas to hold power after the next election
15. Blog – Provincial Relations
• http://www.cbc.ca/news/politics/trudeau-trans-mountain-alberta-british-columbia-1.452470
• Election 2015 Promise - http://www.cbc.ca/news/politics/justin-trudeau-s-majority-greeted-with-
optimism-by-provincial-premiers-1.3280093 “After nearly a decade of a prime minister notorious for
public tussles with premiers who challenged his policies, Canada's provincial leaders reacted Tuesday
to the electoral victory of a Liberal leader who has promised to work harmoniously to advance their
interests.
Here are the facts:
• Kinder Morgan Project is in limbo due to NDP BC stalling the building process - http://www.cbc.ca/news/business/pipeline-notley-horgan-1.4519530
• NF and PQ - http://www.macleans.ca/news/why-peace-wont-come-quickly-for-quebec-and-newfoundland-and-labrador/
• Manitoba was threaten by Trudeau if they did not sign the new accord - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391 -
Trudeau - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391
• Saskatchewan is standing up to Trudeau carbon tax grab - https://www.thestar.com/news/canada/2018/01/28/just-watch-me-new-saskatchewan-
premier-vows-to-fight-federal-carbon-tax.html
• Trudeau did not support East-West Pipeline - https://atlantic.ctvnews.ca/n-b-premier-makes-last-ditch-effort-to-revive-energy-east-pipeline-1.3597266
or https://globalnews.ca/news/3787809/brad-wall-federal-government-justin-trudeau-cancellation-energy-east-pipeline-equalization-payments/
• Climate Change - https://www.cbc.ca/news/politics/premiers-meeting-provinces-ford-trudeau-1.4746748
• Source - https://www.slideshare.net/paulyoungcga/internal-provincial-trade-barriers-canada-april-2017
16. Kinder Morgan
Canada is losing out to
FDI -
http://business.financialp
ost.com/news/economy/i
nvestment-outflow-from-
canada-already-
underway-in-real-time-
rbc-head
https://twitter.com/twitter/statuses/983454989820588033
Could it be BC wants more moneys from Ottawa?
https://www.theglobeandmail.com/news/british-columbia/bc-
officials-confirm-ottawas-last-minute-cancellation-of-child-
care-news-conference/article37983746/
Kinder Morgan killed -
https://www.cbc.ca/news/canada/british-
columbia/indigenous-groups-still-want-to-buy-stake-in-trans-
mountain-1.4816495
17. NAFTA and Pipelines
Source - https://business.financialpost.com/opinion/jack-mintz-pipelines-and-
nafta-could-start-war-between-trudeau-and-the-provinces
Jack Mintz – Financial Post – September
11, 2018
• Natural Resources development falls
under provincial jurisdiction
(https://digitalcommons.osgoode.yorku.c
a/cgi/viewcontent.cgi?referer=https://ww
w.google.ca/&httpsredir=1&article=1901&c
ontext=ohlj)
• Trudeau’s game is about votes as such
does not care if he has good relations
with provincial leaders.
• Trudeau is pitting sectors of the economy
against each other -
https://www.slideshare.net/paulyoungcg
a/nafta-make-or-break-time-lets-make-a-
deal
• Four pipelines built between 2005-2010
• Cancellation of Gateway
• Cancellation of East-west
18. Automotive Sector /
NAFTA
Source – Scotiabank
• Ontario automotive sector $20B
and 130K jobs to the overall
economy.
https://www.cvma.ca/wp-
content/uploads/2017/03/Websit
e-WP-Important-Facts-Pdf-
March-23-2017.pdf
• Trump has threaten tariffs if
Trudeau and his team do not
remove dairy tariffs -
https://business.financialpost.co
m/news/economy/would-
trumps-20-auto-tariff-be-
canadas-ruination-we-access-
the-damage
• Ontario needs to be more
competitive: Lower hydro rates,
regulations, elimination of
carbon tax, etc.
PQ has large Dairy Sector is
being used against Ontario’s
Automotive Sector – Trudeau
and NAFTA
19. Federal Minister Leblanc vs Jason
Kenny (AB)
• Your govt is to blame for what has
happen at the provincial
relationship levels and not premiers
or the former govt.
•
• The role of the federal govt is to
represent all Canadians and not
voting blocks. Your leader is only
interested in meeting with people
that will vote for him
•
• https://www.ctvnews.ca/politics/le
blanc-accuses-kenney-of-sowing-
division-in-alberta-1.4084879
20. Justin Trudeau and Doug Ford (ON)
• Justin Trudeau and
Doug Ford disagree
over the handling of
refugee
• Justin Trudeau
decided to berate
Doug Ford in front
of the media
21. PEI and Carbon Tax
PM Trudeau and
Minister McKenna
continue to received
push back on
emissions by provinces
like PEI
22. Comments
• “But sources say negotiations hit a snag two weeks ago when Alberta’s government sought
exemptions to the deal. One source said Alberta is proposing an exemption that would
ensure at least 20 per cent of public procurement contracts go to local companies.” Source -
http://www.theglobeandmail.com/news/politics/alberta-seeks-exemption-in-provincial-
trade-deal-to-favour-local-firms/article30752429/
• “Finance Minister Cathy Bennett said Thursday she was disappointed Quebec asked the
federal government to not extend a loan guarantee for her province’s Muskrat Falls
hydroelectric project.”Source - http://globalnews.ca/news/3029610/newfoundland-and-
labrador-reminds-quebec-about-canadian-values-on-hydro-project/
• “New Brunswick’s premier says there’s still a strong need for the proposed Energy East
pipeline despite the federal government’s approval of two pipeline expansions in western
Canada.”Source - http://globalnews.ca/news/3106253/energy-east-still-needed-despite-
approval-for-western-pipelines-n-b-premier/
http://blogs.wsj.com/canadarealtime/2014/08/20/canada-moves-again-to-tackle-internal-trade-barriers/
1. Let’s say for
http://www.chamber.ca/advocacy/top-10-barriers-to-competitiveness/Booklet_Top_10_Barriers_2014.pdf
Trade Barriers have been identified as #5 on the barriers to competitiveness