Infrastructure is aging not just in Canada, but around the world
There are systemic issues with municipalities that are putting strains on their budget like labor cost
Transit projects are heavily subsidized
Only $10B was allocated to support exports.
Government has talked about selling off airports and ports
Liberals are playing games as part of setting up for a new mandate.
Government Policy - Infrastructure funding - Canada - April 2018paul young cpa, cga
Infrastructure is aging not just in Canada, but around the world
There are systemic issues with municipalities that are putting strains on their budget like labor cost
Transit projects are heavily subsidized
Only $10B was allocated to support exports.
Government has talked about selling off airports and ports
Liberals are playing games as part of setting up for a new mandate
This presentation looks at key areas of policy as part of looking a how best to deliver tax fairness along with value for money for all program spending.
Government Policies and Issues - Municipalities and Cities - Canada - June 2017paul young cpa, cga
This presentation looks at the issues facing municipal and local governments across Canada. The focus is on infrastructure, public safety and other services delivered by local government.
2019 Election| infrastructure and Capital Spending| Canada| June 2019paul young cpa, cga
The value of building permits issued by Canadian municipalities declined 3.7% to $8.0 billion in June, largely due to a decrease in the value of multi-family and institutional permits. Six provinces declined, with Alberta accounting for over one-third of the national decrease. Of the provinces posting gains, Nova Scotia reported the largest increase (+32.1%), reflecting gains in the value of residential and commercial permits in Halifax.
Government Policy - Infrastructure funding - Canada - April 2018paul young cpa, cga
Infrastructure is aging not just in Canada, but around the world
There are systemic issues with municipalities that are putting strains on their budget like labor cost
Transit projects are heavily subsidized
Only $10B was allocated to support exports.
Government has talked about selling off airports and ports
Liberals are playing games as part of setting up for a new mandate
This presentation looks at key areas of policy as part of looking a how best to deliver tax fairness along with value for money for all program spending.
Government Policies and Issues - Municipalities and Cities - Canada - June 2017paul young cpa, cga
This presentation looks at the issues facing municipal and local governments across Canada. The focus is on infrastructure, public safety and other services delivered by local government.
2019 Election| infrastructure and Capital Spending| Canada| June 2019paul young cpa, cga
The value of building permits issued by Canadian municipalities declined 3.7% to $8.0 billion in June, largely due to a decrease in the value of multi-family and institutional permits. Six provinces declined, with Alberta accounting for over one-third of the national decrease. Of the provinces posting gains, Nova Scotia reported the largest increase (+32.1%), reflecting gains in the value of residential and commercial permits in Halifax.
2019 Election| infrastructure and Capital Spending - Canadapaul young cpa, cga
Trudeau promised billions of infrastructure money - https://www.cbc.ca/news/politics/canada-election-2015-liberals-infrastructure-deficits-1.3206550
The problem is money either has been slowed or never arrived
Trudeau only loan from the Infrastructure bank was to Montreal Transit
Trudeau has given moneys to Ontario in the past - https://www.cbc.ca/news/canada/toronto/trudeau-transportation-1.3569602, but that was before Doug Ford was elected as the Premier
Transit tax credits were eliminated by Trudeau and yet were effective on helping the middle class - https://www.slideshare.net/paulyoungcga/monthly-transit-analysis-and-commentary-january-2019
Trudeau rebranded the gas tax and build Canada funds as his own. (former CPC programs)
Government policies and issues - Municipalities and Cities - Canada paul young cpa, cga
This presentation will discuss the policies and issues facing municipalities and cities in Canada.
Municipalities are 3rd tier of government after provincial and federal government.
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
Liberals love to spin how they are for supporting public transit. The reality is public transit is heavily subsidized with both operational and capital grants. The Liberals infrastructure bank has issue loans only to Montreal Transit.
The Liberals also rebranded Harper's public transit fund as their own transit fund.
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
Government policies and issues - Municipalities and Cities - Canada - july 2017paul young cpa, cga
It is very easy to print money via taxation, but it is more difficult to fix systemic issues with delivering of taxation to various municipal programs.
This presentation includes a look at all levels of government undertaking more value for money audits. Some of the value for money audits could be set up via automation through triggers as way to ensure taxpayers dollars are maximised as part of delivering program spending.
Canada needs a Natural Resources development and export strategypaul young cpa, cga
Natural resources are key area as part of improving GDP per capita. All levels of govt need to work together to find sustainable ways to get natural resources out of the ground and to to market
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!
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
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
2019 Election| Municipal Government and Affairs| Canada| August 2019paul young cpa, cga
This presentation includes information on municipal government and affairs. The information will guide people to asking questions of their politicians when it comes to managing both the taxes and social spending with their various local governments.
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.
2019 Election| infrastructure and Capital Spending - Canadapaul young cpa, cga
Trudeau promised billions of infrastructure money - https://www.cbc.ca/news/politics/canada-election-2015-liberals-infrastructure-deficits-1.3206550
The problem is money either has been slowed or never arrived
Trudeau only loan from the Infrastructure bank was to Montreal Transit
Trudeau has given moneys to Ontario in the past - https://www.cbc.ca/news/canada/toronto/trudeau-transportation-1.3569602, but that was before Doug Ford was elected as the Premier
Transit tax credits were eliminated by Trudeau and yet were effective on helping the middle class - https://www.slideshare.net/paulyoungcga/monthly-transit-analysis-and-commentary-january-2019
Trudeau rebranded the gas tax and build Canada funds as his own. (former CPC programs)
Government policies and issues - Municipalities and Cities - Canada paul young cpa, cga
This presentation will discuss the policies and issues facing municipalities and cities in Canada.
Municipalities are 3rd tier of government after provincial and federal government.
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
Liberals love to spin how they are for supporting public transit. The reality is public transit is heavily subsidized with both operational and capital grants. The Liberals infrastructure bank has issue loans only to Montreal Transit.
The Liberals also rebranded Harper's public transit fund as their own transit fund.
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
Government policies and issues - Municipalities and Cities - Canada - july 2017paul young cpa, cga
It is very easy to print money via taxation, but it is more difficult to fix systemic issues with delivering of taxation to various municipal programs.
This presentation includes a look at all levels of government undertaking more value for money audits. Some of the value for money audits could be set up via automation through triggers as way to ensure taxpayers dollars are maximised as part of delivering program spending.
Canada needs a Natural Resources development and export strategypaul young cpa, cga
Natural resources are key area as part of improving GDP per capita. All levels of govt need to work together to find sustainable ways to get natural resources out of the ground and to to market
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!
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
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
2019 Election| Municipal Government and Affairs| Canada| August 2019paul young cpa, cga
This presentation includes information on municipal government and affairs. The information will guide people to asking questions of their politicians when it comes to managing both the taxes and social spending with their various local governments.
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.
Summary:
In March 2022, urban transit ridership continued to grow, with 85.8 million trips taken on Canada's urban transit networks.
As COVID-19 restrictions eased across the country, and many commuters returned to their workplaces on a full time or hybrid basis, passenger volumes have now recovered 52.1% of the March 2019 level, before the pandemic.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220519/dq220519d-eng.htm
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
Construction is a key part of GDP for Canada. The key will be how all levels of government work with the private sector to support economic development and affordable housing.
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
2019 Election| Construction| Permits and FDI| Canada | April 2019paul young cpa, cga
1. residential permits were higher due to builders wanting to get the the permits in before the new development fees were implemented (Metro Vancouver
2. Industrial permits were led by a large plant being built in London, Ontario.
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
2015 Election Promise - Liberal Party of Canada – Goods to Market – Canada – ...paul young cpa, cga
Canada is export driven country. Canada exports about 25% of its GDP. Canada needs access to market.
For each $1B of exports lead to 5,500 jobs. The exports driven jobs tends to pay 30-50% more than the service sector.
2019 Election| Construction and Business Investment | Canada | May 2019paul young cpa, cga
https://www.liberal.ca/realchange/public-transit%E2%80%A8/
Stephen Harper’s failure to invest has led to worsening traffic congestion, making it harder for families to spend time together. This gridlock also costs our economy billions of dollars in lost productivity each year.
Trudeau has not reduced commute times or did much of a dent when it comes to transit systems. https://www.cbc.ca/news/business/statistics-canada-commute-times-study-1.5038796 or https://www150.statcan.gc.ca/n1/daily-quotidien/190225/dq190225a-eng.htm
Trudeau also removed the tax credits for transit saying transit was not being utilized. https://www.greedyrates.ca/blog/tax-changes-canadians-need-to-know-about/
Municipal government exist to provide programs and services at the municipal level.
Provincial governments in various municipal acts that govern how municipalities operate across Canada
Limitation on how municipal government can raise taxation
Powers over the size of government
Approximately 98% of taxation comes from the following areas
Property Taxes
User Fees
Municipal government is responsible for the following areas
Emergency Services (Fire and Police)
Infrastructure (Roads, Bridges, Sewer, Water Treatment and lighting, etc)
Parks and Recreation (pools, parks, arenas, etc)
Other areas
How is Public Transit doing around the World - August 2023.pptxpaul young cpa, cga
Blog – Large Urban Transit Analysis and Commentary – August 2023
Summary:
Large urban transit ridership for both Canada and the United States continues to hover around 72% capacity.
Budget shortfalls continue to plague municipalities as part of supporting their transit systems.
Spending on green transits continues to grow as part of net zero. Recovering the new capital and maintenance for green transit needs to be part of the integrated planning and reporting cycles
Additional sources and links:
VTA - https://www.masstransitmag.com/management/news/53069776/ca-vta-has-one-of-the-best-transit-recoveries-in-the-nation-but-ridership-is-still-down-from-prepandemic-numbers
NJ Transit - https://www.njspotlightnews.org/2023/08/nj-transit-money-woes-make-fare-hikes-service-cuts-possible/
Green Transit - https://www.stcatharinesstandard.ca/news/niagara-region/new-investments-could-fuel-green-future-for-niagara-transit/article_86e115ee-cd10-578c-b2ef-8b78e5cb604c.html
Green investment - https://www.carboncollective.co/sustainable-investing/green-mutual-fund
Funding gaps - https://www.theglobeandmail.com/canada/article-toronto-is-considering-new-taxes-to-take-on-increasing-fiscal-pressure/
Chicago and Transit - https://www.planetizen.com/news/2023/08/125185-chicago-transit-could-see-consolidated-agencies-fare-systems
Optimization - https://cloudmonitor.ai/how-transport-for-nsw-optimized-their-data-lake-to-reduce-their-opex-costs-by-22-customer-success-story/
Busess - https://www.sustainable-bus.com/news/eu-sales-of-e-buses-increased-by-34-in-first-half-of-2023-according-to-acea/
BC Transit
https://www.sustainable-bus.com/electric-bus/canada-bc-transit-electric-buses-115/
How is Public Transit doing around the World - July 2023.pptxpaul young cpa, cga
Blog – Sector – Transit – Transit Analysis and Commentary for July 2023
In May, 120.8 million passenger trips were made on urban transit networks in Canada. This total represents over three-quarters (77.8%) of the May 2019 level, before the COVID-19 pandemic, the highest recovery rate to date.
Ridership recovery continues
Canada's urban transit networks recorded an estimated 120.8 million rides in May 2023, an increase of 26.0% (+24.9 million trips) from May 2022. This marks more than two years of consecutive monthly year-over-year increases.
With activity and travel behaviour continuing to move toward historic patterns, ridership recovered to 77.8% of the pre-pandemic May 2019 level. While this was the highest rate of recovery since the pandemic, there were still 34.5 million fewer passenger trips in May 2023 compared with the same month in 2019.
On a monthly basis before the pandemic, public transit ridership typically edged down from April to May. Meanwhile, May 2023 saw a 5.8% rise from April.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230719/dq230719d-eng.htm
Additional sources and links:
Transit funding - https://www.localgov.co.uk/Rural-bus-services-at-historic-low/56564
Green Transit spending - https://finance.yahoo.com/news/governments-canada-newfoundland-labrador-city-151500503.html
ESG - https://www.nasdaq.com/articles/the-rise-of-esg-and-the-importance-of-esg-data
Transit optimization - https://www.masstransitmag.com/technology/facilities/news/53066466/pa-cities-seek-solutions-as-bus-terminals-close-pushing-riders-to-the-curb
Capital costs of net zero buses - https://www.theepochtimes.com/california-to-spend-150-million-to-electrify-school-buses_5407392.html
Capital - https://fuelcellsworks.com/news/harnessing-hydrogen-electricity-wiltshires-stride-towards-green-public-transport/
Fire and buses - https://www.masstransitmag.com/safety-security/article/53066174/expert-insight-safety-priorities-when-implementing-zeroemissions-technology or https://www.essex-fire.gov.uk/news/essex-firefighters-adapt-new-hazards-electric-vehicle-fires
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.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Summary
▪ Infrastructure is aging not just in Canada, but
around the world
▪ There are systemic issues with municipalities that
are putting strains on their budget like labor cost
▪ Transit projects are heavily subsidized
▪ Only $10B was allocated to support exports.
▪ Government has talked about selling off airports
and ports
▪ Liberals are playing games as part of setting up for
a new mandate.
4. Agenda
▪ Liberals vs CPC – Infrastructure
▪ Blog – Public Transit
▪ Blog – Liberal misinformation Infrastructure
▪ Blog – Rural vs Large Municipalities
▪ Budget 2018-2019
5. Conservative Party of Canada vs Liberal
Party of Canada Conservative Party of Canada Commitment
Liberal Commitment
• Infrastructure flow to cities, municipalities, provinces & territories has been slow - https://www.on-
sitemag.com/features/government-spending-infrastructure-slowly-making-way-pipe/
• Government has sent out the gas tax funds to Cities, but Build Canada funds have been slow out the door
• Government has created infrastructure bank to leverage pension funds for supporting infrastructure.
• 2018-2019 budget has no new moneys for infrastructure
6. LPC and Infrastructure
▪ We all know that MSM treats the Liberals with soft gloves as they do not want to upset PM Selfie.
▪ http://www.ctvnews.ca/politics/liberals-to-delay-billions-in-planned-infrastructure-spending-cp-
1.3654609?cid=sm%3Atrueanthem%3Actvnews%3Apost&utm_campaign=trueAnthem%3A+Trending+Content&utm_content=59f7063304d30133dcb791a8&utm_medium=trueAnt
hem&utm_source=facebook
▪ I have done this presentation to highlight a few myths about infrastructure - https://www.slideshare.net/paulyoungcga/government-policies-and-issues-municipalities-and-cities-canada-
july-2017
▪ CPC increased funding to local governments for infrastructure funding through the creation of Build Canada and Gas Tax Fund. The Liberals keep saying in the CPC did nothing on
infrastructure is a myth - https://www.youtube.com/watch?v=8BZ3RFwPx7o
▪ Construction Association https://www.on-sitemag.com/features/government-spending-infrastructure-slowly-making-way-pipe/
▪ Aecon - https://beta.theglobeandmail.com/news/politics/us-watchdog-warns-aecon-takeover-may-block-firms-access-to-infrastructure-
projects/article36761079/?ref=http://www.theglobeandmail.com&
▪ There are systemic issues with municipalities that need to be address, but have not for over a decade.
▪ Jack Mintz wrote a very good blog on the infrastructure bank - http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-comment/jack-m-mintz-beware-
a-new-infrastructure-bank-canadas-had-enough-of-these-failures-already&pubdate=2017-05-19
▪ Transit projects receive operational grants from cities as part of their budgets. https://www.slideshare.net/paulyoungcga/pension-funds-and-infrastructure-investments-june-2017
▪ CPPIB is concern with projects that meet their investment criteria - http://www.timescolonist.com/canadian-infrastructure-deals-scarce-but-would-be-welcome-cppib-chief-executive-
1.20033106
▪ I cannot believe that Minister Sohi has the gal to say CPC did nothing on infrastructure as that comment is beyond absurd, but a lie - https://www.youtube.com/watch?v=sMx--jYi07I
7. Blog – Public Transit
▪ Public Transit requires subsidies as part of supporting the operations- https://www.ttc.ca/PDF/About_the_TTC/Annual_Reports/TTC_2016AnnualReport_final_AODA.pdf or
https://www.slideshare.net/paulyoungcga/government-policies-transit-canada-february-2018
▪ Pensions funds will not sponsor projects unless there is a return - http://www.cbc.ca/news/opinion/infrastructure-bank-1.4512240 Government will have to back those returns
▪ Riders were unaware that tax credits were eliminated - https://www.thestar.com/news/gta/2017/03/24/killing-the-transit-tax-credit-catches-riders-off-guard-and-could-hurt-the-ttc.html.
The funny thing is ridership is up! http://www5.statcan.gc.ca/cansim/a26?lang=eng&retrLang=eng&id=4080013&&pattern=&stByVal=1&p1=1&p2=31&tabMode=dataTable&csid=
(Ridership does go up and down as people are holidays and/or work from home.
▪ If the lines are unprofitable then those lines will require more subsidies - https://www.theglobeandmail.com/news/toronto/union-pearson-express-looks-unlikely-to-break-
even/article35483928/
▪ Towns are looking at option to control costs, like Uber - https://www.thestar.com/news/gta/2017/04/03/innisfil-taps-uber-to-fill-public-transit-void.html
▪ Federal government is funding more transit projects - http://www.infrastructure.gc.ca/plan/ptif-fitc-eng.php. More transit options mean ridership will be impacted. Yet the liberals killed
the transit tax credit.
▪ Via Rail also receives subsidies - https://www.viarail.ca/sites/all/files/media/pdfs/About_VIA/our-company/annual-reports/2016/2016_Annual%20Report_EN.pdf
▪ https://www.thestar.com/news/queenspark/2017/05/19/wynne-is-all-aboard-21b-high-speed-rail-project.html - Liberals cannot even make money with existing routes without subsidies,
so how would high speed route make money?
▪ There are already issues with intercity transportation including profitability - https://tvo.org/article/current-affairs/the-next-ontario/how-intercity-bus-service-is-failing-ontarians. Yet, all
levels of governments continue to ignore issues facing rural areas of the country
▪ TTC has lowest subsidy per rider - https://globalnews.ca/news/1670796/how-does-the-ttcs-funding-compare-to-other-transit-agencies/. Who subsidizes transit? Property tax owners as
well as provincial taxpayers.
Bottom line
▪ I am all about solutions, but unless other options need to be look at as part of ensuring lines are profitable as well as less dependent on government:
8. Rural vs Large Municipalities
▪ http://blackburnnews.com/midwestern-ontario/2018/02/05/goderich-mayor-pleased-roma-opportunities/
▪ “The Mayor of Goderich says events like the recent ROMA conference provide mayors and councillors of smaller municipalities with
a unique opportunity to express their concerns to Provincial officials.
▪ Kevin Morrison says one of the things that those Provincial officials need to understand is that everything doesn’t happen in Toronto;
and the issues that are facing rural municipalities are not necessarily the same as those facing politicians in bigger cities.
▪ Wynne does not care about the rural vote as such will not make concessions to rural Ontario
▪ OPP costs continue to be a big problem for municipalities - https://tvo.org/article/current-affairs/the-next-ontario/small-towns-cant-
afford-independent-policing-but-dont-know-where-to-turn
▪ Pension reforms needs to be undertaken for all levels of government. Defined Benefit pension plans are too risky -
http://www.omers.com/pdf/OMERS_AnnualReport_2016.pdf (Omers has a $5.7B pension deficit)
▪ There needs to be a new strategy for rural areas including economic development. More focus on innovation including working with
Universities and Colleges to create start up in areas like farming, power generation, advance manufacturing, etc.
▪ Hydro rates are killing rural Ontario. Wynne excludes municipalities when it comes to power generation -
https://www.thespec.com/news-story/7104518-rural-ontario-hydro-users-hoping-for-deliverance-from-high-bills/
▪ Source - http://blackburnnews.com/midwestern-ontario/2018/02/05/goderich-mayor-pleased-roma-opportunities/
9. 2018-2019 Budget /Infrastructure
▪ Trickling of money to infrastructure projects -
https://ipolitics.ca/2018/03/02/federal-budget-details-slower-expected-trickle-
infrastructure-money/
▪ Provinces and municipal government match the funds from the federal government
▪ “Budget does not cover opioid or other issues” https://fcm.ca/home/media/news-
and-commentary/2018/fcm-statement-on-federal-budget-2018.htm
▪ Government ran on helping the middle class, but yet it eliminated the transit tax
credit - http://www.masstransitmag.com/press_release/12400815/ttc-issues-
reminder-federal-government-change-means-transit-pass-tax-credits-are-limited