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NDP AND FISCAL
MANAGEMENT
BY: PAUL YOUNG CPA, CGA
DATE: SEPTEMBER 15, 2017
PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
NDP
NDP
NDP
NDP
NDP PROVINCIAL GOVERNMENT
BUDGET BALANCES
NDP / ONTARIO
• Ontario – Bob Rae
• Junior Partner with David Petersen from 1985-1987
• Ontario Premier from October 1, 1990 until June 26, 1995
• Budget Balances
• Economic Growth
• For the periods 1990-1995 & 1995-2000, Ontario’s real per capita GDP grew at -0.9% and 3.3% respectively. For
the period 2000-2010, it shrank at -0.3%.
• NDP did nothing in the 1990s to help the economy expand
• Key policies
NOVA SCOTIA
• NDP – Darrell Dexter
• June 19, 2009 – October 22, 2013
• Budget Balances
• Key Policies
BRITISH COLOMBIA
SASKATCHEWAN
MANITOBA
http://globalnews.ca/news/2169728/reality-check-are-canadas-newly-created-jobs-part-time-precarious-and-low-paid/
Mulcair must be using the CLC for his analysis. CLC is very reliable as they said there is 100,000 employees that make minimum wage for federal regulated business. Yet, I foun
out that number is nowhere to being close to real number. So, if they cannot get this number right then does he have the labor facts, right?
http://www.slideshare.net/paulyoungcga/federal-minimum-wage-canada
Facts on labor policies
1. Fact 1 – Employment – All I see from your comments is opinion and no facts. It seems you call me a troll, right? The only reason people call me a troll is they cannot
defend their opinion with facts, right? Let me crunch a few things based on the below links –
a. Since 2010 there has been 722K full-time jobs and 118K part-time jobs created in Canada. So, 86% of the new jobs are full-time. So, where is the 80% number y
quoting coming from in terms of its accuracy?
b. The main sector of growth are the following sectors
i. Accommodation/food services approximately 98K
ii. Healthcare approximately 249K – this ties to more money being spent on healthcare by provinces to support need for additional services
iii. Professional jobs approximately 170K
iv. Construction approximately 220K – does this not benefit skill trades and tied to the housing market being solid in Canada
v. Summary:
1. The bulk of jobs are in areas that pay good salaries. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labor93a-eng.htm. The only
sector that would see the bulk of minimum wage would be accommodation/services.
2. Food/Services jobs are created due to people spending money on meals and entertainment and travel - http://www.statcan.gc.ca/tables-
tableaux/sum-som/l01/cst01/trad15a-eng.htm or https://www.restaurantscanada.org/Portals/0/Non-
Member/2015/restaurantoutlooksurvey_2015_q1.pdf
a. Source: http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx
b. http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx
c. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ10-eng.htm
2. Ontario has its’ own issue, but they are not driven by federal policies. They are from bad policies, like FIT or Regulations or other bad policies. So, I guess comments fro
the following people are wrong, right? http://www.theglobeandmail.com/report-on-business/ontario-policies-could-put-auto-making-at-risk-fiat-chrysler-ceo-
warns/article25418311/ (Is this guy wrong?) or why did Cliff Resources pull out (http://www.baytoday.ca/content/news/details.asp?c=73707) or How do you think ORP
is going to impact business (http://www.thestar.com/news/queenspark/2015/06/02/business-warns-against-wynnes-pension-plan.html)
NDP Comment - Economy
https://www.slideshare.net/paulyoungcga/canada-gdp-
election-2015-promise-increase-gdp-growth
https://www.slideshare.net/paulyoungcga/environment
al-ranking-sustainability-index-canada-and-world
Is Trudeau any different on transparency? https://www.slideshare.net/paulyoungcga/open-
and-transparent-government-canada-september-2017
Or
“Prime Minister Justin Trudeau is failing to deliver on his promise of a government
that’s open by default, the federal information czar says.
https://www.thestar.com/opinion/editorials/2017/03/23/justin-trudeaus-promise-of-
transparency-is-starting-to-look-empty-editorial.html or
http://nationalpost.com/news/politics/trudeau-failing-to-deliver-on-transparency-promise-
information-czar-says
Source:
 http://opinion.windsorsquare.ca/2017/09/05/sarkar-clue-that-trudeau-failing-
transparency-test/
 https://www.theglobeandmail.com/news/politics/gerald-butts-defends-new-consul-
general-rana-sarkars-salary/article36052071/
 http://www.canadianmanufacturing.com/procurement/feds-set-aside-money-interim-
super-hornets-wont-say-much-200601/
 http://www.burnabynow.com/opinion/columnists/opinion-what-happened-to-
transparency-1.22446844
Economy comments/Economy including Harper’s Policies
1. In theory when you have two quarters of drop in GDP then it is deem a recession. The difference with this recessions there
are strong economic indicators that show the recession is non event, i.e. job growth, housing starts, exports and consumer
spending - http://www.gbm.scotiabank.com/English/bns_econ/cmsr150709.pdf
2. Harper has no control over oil prices/commodity pricies, China and CETA growth. You seem to think that Harper can control
the global growth, right?
3. Canada dollar is tied to commodities. http://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-15.pdf
4. What proof do have the economy will worsen? http://www.marketwatch.com/story/us-economy-sailing-through-rougher-
global-seas-2015-08-23. Canada still exports about 75% of its good to the USA.
5. European growth - https://www.ibm.com/developerworks/library/ba-pp-security-fpm-page678/ or
http://www.oecd.org/std/na/QNA-GDP-Growth-Q215-Eng.pdf. Brazil is in recession -
http://www.theguardian.com/world/2015/sep/14/brazil-taxes-spending-cuts-recession-economy or Russia -
http://www.bloomberg.com/news/articles/2015-07-22/russia-braces-for-longest-recession-in-decades-with-oil-near-50 or
http://www.oecd.org/std/na/g20-gdp-growth-second-quarter-2015-oecd.htm I suggest you read the facts.
6. CME - http://mb.cme-mec.ca/?action=show&lid=XE8MT-GCZX2-KAD9G&comaction=show&cid=3CWP8-FKASM-JYNFE
7. CFIB - http://www.cfib-fcei.ca/english/article/7208-federal-budget-2015-release.html
8. Canada FDI - http://www.theglobeandmail.com/try-it-now/?articleId=25092315
9. Clean Tech - http://www.analytica-advisors.com/assets/file/2015%20Report%20Synopsis%20Final_wcovers.pdf
10. Forestry - http://www.woodbusiness.ca/industry-news/news/trans-pacific-partnership-a-boost-for-canadas-forest-industry-
2787
11. Taxation - http://www.kpmg.com/ca/en/issuesandinsights/articlespublications/press-releases/pages/canada-remains-most-
competitive-business-tax-environment.aspx - benefits - http://bangordailynews.com/2014/12/12/news/nation/burger-kings-
move-to-canada-could-save-up-to-1-2-billion-in-us-taxes-report-says/
NDP Comment - Economy

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NDP and Fiscal Management

  • 1. NDP AND FISCAL MANAGEMENT BY: PAUL YOUNG CPA, CGA DATE: SEPTEMBER 15, 2017
  • 2. PAUL YOUNG - BIO • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. NDP
  • 4. NDP
  • 5. NDP
  • 6. NDP
  • 9. NDP / ONTARIO • Ontario – Bob Rae • Junior Partner with David Petersen from 1985-1987 • Ontario Premier from October 1, 1990 until June 26, 1995 • Budget Balances • Economic Growth • For the periods 1990-1995 & 1995-2000, Ontario’s real per capita GDP grew at -0.9% and 3.3% respectively. For the period 2000-2010, it shrank at -0.3%. • NDP did nothing in the 1990s to help the economy expand • Key policies
  • 10. NOVA SCOTIA • NDP – Darrell Dexter • June 19, 2009 – October 22, 2013 • Budget Balances • Key Policies
  • 14. http://globalnews.ca/news/2169728/reality-check-are-canadas-newly-created-jobs-part-time-precarious-and-low-paid/ Mulcair must be using the CLC for his analysis. CLC is very reliable as they said there is 100,000 employees that make minimum wage for federal regulated business. Yet, I foun out that number is nowhere to being close to real number. So, if they cannot get this number right then does he have the labor facts, right? http://www.slideshare.net/paulyoungcga/federal-minimum-wage-canada Facts on labor policies 1. Fact 1 – Employment – All I see from your comments is opinion and no facts. It seems you call me a troll, right? The only reason people call me a troll is they cannot defend their opinion with facts, right? Let me crunch a few things based on the below links – a. Since 2010 there has been 722K full-time jobs and 118K part-time jobs created in Canada. So, 86% of the new jobs are full-time. So, where is the 80% number y quoting coming from in terms of its accuracy? b. The main sector of growth are the following sectors i. Accommodation/food services approximately 98K ii. Healthcare approximately 249K – this ties to more money being spent on healthcare by provinces to support need for additional services iii. Professional jobs approximately 170K iv. Construction approximately 220K – does this not benefit skill trades and tied to the housing market being solid in Canada v. Summary: 1. The bulk of jobs are in areas that pay good salaries. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labor93a-eng.htm. The only sector that would see the bulk of minimum wage would be accommodation/services. 2. Food/Services jobs are created due to people spending money on meals and entertainment and travel - http://www.statcan.gc.ca/tables- tableaux/sum-som/l01/cst01/trad15a-eng.htm or https://www.restaurantscanada.org/Portals/0/Non- Member/2015/restaurantoutlooksurvey_2015_q1.pdf a. Source: http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx b. http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-05/which_industries_are_creating_jobs.aspx c. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ10-eng.htm 2. Ontario has its’ own issue, but they are not driven by federal policies. They are from bad policies, like FIT or Regulations or other bad policies. So, I guess comments fro the following people are wrong, right? http://www.theglobeandmail.com/report-on-business/ontario-policies-could-put-auto-making-at-risk-fiat-chrysler-ceo- warns/article25418311/ (Is this guy wrong?) or why did Cliff Resources pull out (http://www.baytoday.ca/content/news/details.asp?c=73707) or How do you think ORP is going to impact business (http://www.thestar.com/news/queenspark/2015/06/02/business-warns-against-wynnes-pension-plan.html) NDP Comment - Economy
  • 15. https://www.slideshare.net/paulyoungcga/canada-gdp- election-2015-promise-increase-gdp-growth https://www.slideshare.net/paulyoungcga/environment al-ranking-sustainability-index-canada-and-world Is Trudeau any different on transparency? https://www.slideshare.net/paulyoungcga/open- and-transparent-government-canada-september-2017 Or “Prime Minister Justin Trudeau is failing to deliver on his promise of a government that’s open by default, the federal information czar says. https://www.thestar.com/opinion/editorials/2017/03/23/justin-trudeaus-promise-of- transparency-is-starting-to-look-empty-editorial.html or http://nationalpost.com/news/politics/trudeau-failing-to-deliver-on-transparency-promise- information-czar-says Source:  http://opinion.windsorsquare.ca/2017/09/05/sarkar-clue-that-trudeau-failing- transparency-test/  https://www.theglobeandmail.com/news/politics/gerald-butts-defends-new-consul- general-rana-sarkars-salary/article36052071/  http://www.canadianmanufacturing.com/procurement/feds-set-aside-money-interim- super-hornets-wont-say-much-200601/  http://www.burnabynow.com/opinion/columnists/opinion-what-happened-to- transparency-1.22446844
  • 16. Economy comments/Economy including Harper’s Policies 1. In theory when you have two quarters of drop in GDP then it is deem a recession. The difference with this recessions there are strong economic indicators that show the recession is non event, i.e. job growth, housing starts, exports and consumer spending - http://www.gbm.scotiabank.com/English/bns_econ/cmsr150709.pdf 2. Harper has no control over oil prices/commodity pricies, China and CETA growth. You seem to think that Harper can control the global growth, right? 3. Canada dollar is tied to commodities. http://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-15.pdf 4. What proof do have the economy will worsen? http://www.marketwatch.com/story/us-economy-sailing-through-rougher- global-seas-2015-08-23. Canada still exports about 75% of its good to the USA. 5. European growth - https://www.ibm.com/developerworks/library/ba-pp-security-fpm-page678/ or http://www.oecd.org/std/na/QNA-GDP-Growth-Q215-Eng.pdf. Brazil is in recession - http://www.theguardian.com/world/2015/sep/14/brazil-taxes-spending-cuts-recession-economy or Russia - http://www.bloomberg.com/news/articles/2015-07-22/russia-braces-for-longest-recession-in-decades-with-oil-near-50 or http://www.oecd.org/std/na/g20-gdp-growth-second-quarter-2015-oecd.htm I suggest you read the facts. 6. CME - http://mb.cme-mec.ca/?action=show&lid=XE8MT-GCZX2-KAD9G&comaction=show&cid=3CWP8-FKASM-JYNFE 7. CFIB - http://www.cfib-fcei.ca/english/article/7208-federal-budget-2015-release.html 8. Canada FDI - http://www.theglobeandmail.com/try-it-now/?articleId=25092315 9. Clean Tech - http://www.analytica-advisors.com/assets/file/2015%20Report%20Synopsis%20Final_wcovers.pdf 10. Forestry - http://www.woodbusiness.ca/industry-news/news/trans-pacific-partnership-a-boost-for-canadas-forest-industry- 2787 11. Taxation - http://www.kpmg.com/ca/en/issuesandinsights/articlespublications/press-releases/pages/canada-remains-most- competitive-business-tax-environment.aspx - benefits - http://bangordailynews.com/2014/12/12/news/nation/burger-kings- move-to-canada-could-save-up-to-1-2-billion-in-us-taxes-report-says/ NDP Comment - Economy

Editor's Notes

  1. http://www.thecanadianencyclopedia.ca/en/article/new-democratic-party/#h3_jump_2
  2. http://www.thecanadianencyclopedia.ca/en/article/new-democratic-party/#h3_jump_2
  3. http://www.thecanadianencyclopedia.ca/en/article/new-democratic-party/#h3_jump_2
  4. http://www.thecanadianencyclopedia.ca/en/article/new-democratic-party/#h3_jump_2
  5. http://www.thecoast.ca/halifax/voice-of-the-city/Content?oid=4084877 http://thechronicleherald.ca/novascotia/1160156-anatomy-of-the-ndp-defeat http://thechronicleherald.ca/novascotia/1160156-anatomy-of-the-ndp-defeat
  6. BC is key area for the following Exports Resources Agriculture Advance manufacturing – Aerospace, Information Technology, Green Technology
  7. Saskatchewan has moved to more diversified economy under Brad Wall SK is more than potash and AG sector with strong oil/gas SK also has a solid manufacturing base