This document provides an overview of the NDP and fiscal management in Canada. It discusses the fiscal records of NDP provincial governments in Ontario, Nova Scotia, British Columbia, Saskatchewan, and Manitoba. It also includes commentary on the impact of NDP policies on economic growth, budget balances, and key policy initiatives under NDP leadership in these provinces. The document is authored by Paul Young CPA, CGA and includes his contact information.
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
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
BC is key area for the following
Exports
Resources
Agriculture
Advance manufacturing – Aerospace, Information Technology, Green Technology
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