The increase came as imports of energy products gained 26.3 per cent for the month helped higher by imports of crude oil and bitumen as both prices and volumes rose. Imports of consumer goods rose 6.5 per cent, while motor vehicles and parts added 9.9 per cent. Meanwhile, total exports rose 6.3 per cent to a record $63.6 billion in March as higher prices helped exports of energy products gain 12.8 per cent to a record $17.9 billion. Exports of motor vehicles and parts rose 7.9 per cent. Excluding energy products, exports gained 4.0 per cent in March. https://economics.bmo.com/en/publications/detail/21fe3df8-4b7e-4686-8766-d42eb0539c69/ and https://www.therecord.com/ts/business/2022/05/04/canada-posts-25b-trade-surplus-for-march-as-imports-and-exports-hit-record-highs.html

1. P A U L Y O U N G C P A C G A
M A Y 4 , 2 0 2 2
MERCHANDISE
TRADE – CANADA VS
THE WORLD

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
• Monthly change
• Exports and Imports
• Exports by major areas
• Trade deficits and surpluses by major areas
• Trade by key countries
• Nearshoring
• Building a resilient supply chain
• Australia vs Canada

4. Stats Canada - Trade Cdn. Merchandise
Trade Balance (Mar.) — Energy a Force for Trade.pdf

5. Stats Canada - Trade

6. Stats Canada - Trade

7. Stats Canada - Trade

8. Stats Canada - Trade

9. Stats Canada - Trade

10. Trade Analysis – Canada
Source – Stats Canada

11. Trade – Australia vs Canada
er20220203BullTrade
Dec21.pdf

12. Blog – Near Shoring
Blog – Reshoring of Supply Chain – United States – June 7, 2021
According to the report, 83% of North American manufacturers are likely or extremely likely to reshore
production, which is an increase from the 54% of respondents who said they planned to reshore back in March
2020. In particular, the automotive and oil & gas sectors were the most motivated verticals with plans to add
North American suppliers to their supply chains.
Another key takeaway from the Annual Report is that this shift toward reshoring will lead to a massive amount of
economic opportunity in the U.S., with the potential to drive $443 billion in economic value over the next 12
months.
Source - https://www.thomasnet.com/insights/reshoring-could-drive-443-billion-in-u-s-economic-
opportunity/?ecms_id=6122f9c5-7a9a-4ccf-961b-
7540cffc5a29&ecms_short=ART5244&doc_type=ted_video_article&parent_id=a04a1690-9867-4fc7-a523-
2113c6de57a5&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&ca
mpaign_name=tiu210607&utm_campaign=tiu210607&utm_medium=email&utm_source=thomas_industry_update&tinid=2
21763045
Here is my work on supply chain - https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

13. Supply Chain
Blog - Manufacturing Automation: Technology, automation key to Canadian supply chain survival
Trade wars and nationalism, artificial intelligence and automation all have put pressure on global supply chains. Continuing to add
uncertainty to the mix: the proliferation of misinformation, increasing populism, and a resulting volatile market.
https://www.canadianmanufacturing.com/features/manufacturing-automation-technology-automation-key-to-canadian-
supply-chain-survival/
https://www.slideshare.net/paulyoungcga/manufacturing-canada-june-2021

14. What is next for Container ships
1. Autonomous ships
2. IoT
3. Blockchain
4. Port automation
5. Digital twins
Source - https://www.thomasnet.com/insights/5-maritime-shipping-trends-that-are-the-wave-of-the-
future/?ecms_id=fa73157e-ea09-4809-95ce-
684f7331a943&ecms_short=ART6523&doc_type=ted_article&sponsored=&acct=&parent_id=989b7bcd-7758-
47df-999c-
5fa679a630fa&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thoma
s_industry_update&campaign_name=tiu220208&utm_campaign=tiu220208&utm_medium=email&utm_source
=thomas_industry_update&tinid=221763045
My work:
https://www.slideshare.net/paulyoungcga/transportation-sector-analysis-and-commentary-november-2021

15. Energy Crisis
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per
month that is rapid increase in coal production. It is unclear in China and Australia would be able to ramp to
meet the demand. China is already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other
Asian countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get
bumped back at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will
take years. Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Fee
d%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-
young/

16. How to maximize the Natural Resources
Sector for Canada
Commodity prices continue to experience a bull market
Australia seems have done a better job of managing its environment as part of natural resources extraction
process as compared to Canada. Australia ranks 13th as compared to 20th by Canada. Australia has been
running trade surpluses for over 4 years as compared to Canada who has one year of trade surpluses.
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-natural-resources-sector

17. Australia vs Canada (Trade)
Australia Canada

18. Summary
• Canada exports continue to be led by commodities
Blog – Merchandise Trade and FDI – Canada – March 2022
Cdn. Merchandise
Trade Balance (Mar.) — Energy a Force for Trade.pdf
Trade - Canada -
March 2022.pdf
Summary:
The increase came as imports of energy products gained 26.3 per cent for the month helped
higher by imports of crude oil and bitumen as both prices and volumes rose. Imports of
consumer goods rose 6.5 per cent, while motor vehicles and parts added 9.9 per cent.
Meanwhile, total exports rose 6.3 per cent to a record $63.6 billion in March as higher prices
helped exports of energy products gain 12.8 per cent to a record $17.9 billion. Exports of motor
vehicles and parts rose 7.9 per cent.
Excluding energy products, exports gained 4.0 per cent in March.
https://economics.bmo.com/en/publications/detail/21fe3df8-4b7e-4686-8766-d42eb0539c69/ and
https://www.therecord.com/ts/business/2022/05/04/canada-posts-25b-trade-surplus-for-march-as-
imports-and-exports-hit-record-highs.html
Canada posts $2.5B
trade surplus for March as imports and exports hit record highs TheRecord.com.pdf
Rental Vacancies -
USA - Property Management.pdf
Canada's Imperial Oil
nearly triples quarterly profit on surging crude prices Reuters.pdf
U.S. natural gas
production growth wanes as need arises Financial Post.pdf
Let’s make sure we
get Canada’s critical minerals strategy right - The Hill Times.pdf
Wyloo takeover
could be refresh needed for stalled Ring of Fire project Noront CEO Sault Star.pdf
Canada to increase
grain exports amid global food supply concerns Macau Business.pdf
Could there be
another lithium processing plant coming to Thunder Bay - TBNewsWatch.com.pdf
Canadian Mining
Companies Recognized for Commitments to Sustainability and Outstanding Environmental and Community Engagement Achievements.pdf
Industry
stakeholders, experts applaud feds' critical minerals spending, as geopolitics loom large in supply chains - The Hill Times.pdf
S&P_TSX composite
index lifted by broad rally led by energy, materials sectors.pdf
Mining lithium, other
metals for clean energy proves a hard sell.pdf
The Importance of a
Domestic Supply Chain for Critical Minerals INN.pdf
The Battery Boom
Will Redraw Geopolitical Maps.pdf
Hydrogen production
feasibility study for Nanticoke announced Simcoe Reformer.pdf
Going green Why
investing in green metal junior mining companies could be good for the environment and your portfolio - Caravel Law.pdf
Price increases drive
shifts in consumer spending - Greenhouse Canada.pdf
Toyota Ramps Up
Hybrid Vehicle Production with $383 Million Investment.pdf
Global minimum tax
compliance to take 'significant' company resources CFO Dive.pdf
Housing starts in
Canada's large cities lag population growth -CMHC Financial Post.pdf

19. Other Sources
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning and
development, then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA