Here is a look at the issues facing Ontario including duplication of programs. The Liberals threw money at the symptoms which never fixes the root causes to issues facing the delivery of efficient and effective government.
All politicians will promise you the world to get elected. The problem is Ontario's finances are a disaster as such next government not avoid the fiscal mess.
Tough decisions will need to be made by the next government to ensure programs are sustainable.
The problem is neither Wynne nor Horwath have the skill to restructured government
All party leaders are making promises as part of getting elected. The problem is that both Horwath and Wynne are being less than truthful as Ontario has a structural deficit of $11B.
Structural deficits do not go away overnight as decision have to be made including gap action plans.
It would be nice if Wynne and Horwath would discuss how they will restructured government instead pointing the finger at Ford.
Here is a look at the issues facing Ontario including duplication of programs. The Liberals threw money at the symptoms which never fixes the root causes to issues facing the delivery of efficient and effective government.
All politicians will promise you the world to get elected. The problem is Ontario's finances are a disaster as such next government not avoid the fiscal mess.
Tough decisions will need to be made by the next government to ensure programs are sustainable.
The problem is neither Wynne nor Horwath have the skill to restructured government
All party leaders are making promises as part of getting elected. The problem is that both Horwath and Wynne are being less than truthful as Ontario has a structural deficit of $11B.
Structural deficits do not go away overnight as decision have to be made including gap action plans.
It would be nice if Wynne and Horwath would discuss how they will restructured government instead pointing the finger at Ford.
Wynne will never discuss her policies including fiscal mismanagement as it would show that she is a failure.
Ontario has seen lots of money thrown around, but in many cases the money is either tied up in salary or is wasted by liberals on their own pet projects.
Healthcare is the largest expenditure by the province of Ontario
There is misinformation by Ontario Liberals when it comes to how Ontario PC would handle healthcare and/or how the funding has flow to front-line services
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
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.
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
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.
Alberta has no path to balance budget
Alberta’s debt service costs are now close to $2B/year
Alberta using the same failed model as Ontario when incomes to funding clean technology
AB new jobs have been public sector and not private sector.
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!
This presentation will look at key commitments made during the 2015 election as part evaluating the government performance on key files.
This presentation is one opinion as such it is up to individuals to do their own research as part of understanding if the Liberal Party of Canada has met its election promises.
Election 2018 - Ontario Liberals vs Ontario Progressive Conservatives - Econo...paul young cpa, cga
People of Ontario have a tough choice to make in June 2018 as such this presentation will highlight areas of concerns for the people of Ontario
List of the top 10 Broken Promises: https://twitter.com/Kathleen_Wynne/status/959907698035785728 https://www.ontariopc.ca/10_liberal_big_ideas_10_broken_promises
https://www.investmentexecutive.com/news/research-and-markets/ontarios-debt-outlook-drops-to-negative-moodys/ or more failed promises -
Loss jobs - http://business.financialpost.com/opinion/75000-manufacturing-jobs-lost-thats-the-price-of-ontarios-electricity-disaster
Ontario income barely grew in 10 years - http://business.financialpost.com/news/economy/canadian-median-income-growth-sluggish-over-past-10-years-statscan-figures-show
Ontario need a change - https://www.slideshare.net/paulyoungcga/ontario-liberals-kathleen-wynne-and-dalton-mcguinty-era-january-2018
Bottom line
Ontario needs a change in government. Wynne listens to no one but herself. Wynne’s continues to introduced bad after bad policies that only hurt people of Ontario
Wynne will never discuss her policies including fiscal mismanagement as it would show that she is a failure.
Ontario has seen lots of money thrown around, but in many cases the money is either tied up in salary or is wasted by liberals on their own pet projects.
Healthcare is the largest expenditure by the province of Ontario
There is misinformation by Ontario Liberals when it comes to how Ontario PC would handle healthcare and/or how the funding has flow to front-line services
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
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.
Ontario needs to be restructured on how it delivers program spending when it comes to value for money
There are broken processes like arbitration that pushing additional costs on to municipal, school boards and hospitals - https://www.cfib-fcei.ca/en/media/new-report-broken-arbitration-system-causing-unsustainable-rise-municipal-costs
Neither Wynne nor Horwath would touch the costing model. Both believe in rewarding unions for their support.
Ontario has $15B structural deficit - http://www.auditor.on.ca/en/content/specialreports/specialreports/2018Pre-Election_en.pdf
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.
Alberta has no path to balance budget
Alberta’s debt service costs are now close to $2B/year
Alberta using the same failed model as Ontario when incomes to funding clean technology
AB new jobs have been public sector and not private sector.
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!
This presentation will look at key commitments made during the 2015 election as part evaluating the government performance on key files.
This presentation is one opinion as such it is up to individuals to do their own research as part of understanding if the Liberal Party of Canada has met its election promises.
Election 2018 - Ontario Liberals vs Ontario Progressive Conservatives - Econo...paul young cpa, cga
People of Ontario have a tough choice to make in June 2018 as such this presentation will highlight areas of concerns for the people of Ontario
List of the top 10 Broken Promises: https://twitter.com/Kathleen_Wynne/status/959907698035785728 https://www.ontariopc.ca/10_liberal_big_ideas_10_broken_promises
https://www.investmentexecutive.com/news/research-and-markets/ontarios-debt-outlook-drops-to-negative-moodys/ or more failed promises -
Loss jobs - http://business.financialpost.com/opinion/75000-manufacturing-jobs-lost-thats-the-price-of-ontarios-electricity-disaster
Ontario income barely grew in 10 years - http://business.financialpost.com/news/economy/canadian-median-income-growth-sluggish-over-past-10-years-statscan-figures-show
Ontario need a change - https://www.slideshare.net/paulyoungcga/ontario-liberals-kathleen-wynne-and-dalton-mcguinty-era-january-2018
Bottom line
Ontario needs a change in government. Wynne listens to no one but herself. Wynne’s continues to introduced bad after bad policies that only hurt people of Ontario
Healthcare is the largest expenditure by the province of Ontario
There is misinformation by Ontario Liberals when it comes to how Ontario PC would handle healthcare and/or how the funding has flow to front-line services
Ontario Liberals - Kathleen Wynne and Dalton McGuinty era - January 2018paul young cpa, cga
Ontario GDP will grow at pace of 1.8 to 2.3% for the next decade or so.
Ontario has spending a problem - https://www.fraserinstitute.org/studies/spending-is-the-source-of-ontarios-deficit-and-debt-problem
Moodys has downgraded bonds and put Ontario on watch (http://www.metronews.ca/news/canada/2015/02/23/ontario-has-a-serious-spending-problem-finds-credit-report.html)
Budget watchdog also doubts Ontario will balance the budget - http://business.financialpost.com/news/economy/ontario-watchdog-says-balanced-budget-unlikely-for-several-years-despite-liberals-pledge
Healthcare professionals are saying the system is max (https://cupe.ca/1000-hospital-staff-travel-great-distances-kingston-rally-end-funding-freeze-choking-ontario
Ontario has issues with delivery of precious tax dollars to programs like healthcare, education, etc.
Hydro rates are schedule to go up after 2019 - https://globalnews.ca/news/3827189/hydro-ontario-plan-cost/
Progressive conservatives vs Liberal Government for Ontariopaul young cpa, cga
This presentation will look at 13+ years of governments led by Mike Harris (PC) as well as Liberals (Kathleen Wynne and Dalton McGuinty)
Ontario debt has double since 2003 and yet we have seen a deterioration in terms of the quality of services as well as the economy.
People need to review all aspects of the various parties platform including looking at the annual report for government.
There is allot of information that is missing from statements made by various parties. Elections tend to allow parties to mislead the facts.
Kathleen Wynne Liberals vs Doug Ford Ontario PCs - March 2018paul young cpa, cga
People of Ontario have a tough choice to make in June 2018 as such this presentation will highlight areas of concerns for the people of Ontario
List of the top 10 Broken Promises: https://twitter.com/Kathleen_Wynne/status/959907698035785728 https://www.ontariopc.ca/10_liberal_big_ideas_10_broken_promises
https://www.investmentexecutive.com/news/research-and-markets/ontarios-debt-outlook-drops-to-negative-moodys/ or more failed promises -
Loss jobs - http://business.financialpost.com/opinion/75000-manufacturing-jobs-lost-thats-the-price-of-ontarios-electricity-disaster
Ontario income barely grew in 10 years - http://business.financialpost.com/news/economy/canadian-median-income-growth-sluggish-over-past-10-years-statscan-figures-show
Ontario need a change - https://www.slideshare.net/paulyoungcga/ontario-liberals-kathleen-wynne-and-dalton-mcguinty-era-january-2018
Bottom line
Ontario needs a change in government. Wynne listens to no one but herself. Wynne’s continues to introduced bad after bad policies that only hurt people of Ontario
All government program spending needs to go through value for money including changes to the costing model
Too many governments are not getting value for their government services.
Government needs to become lean - https://fcpp.org/2018/10/12/employment-data-shows-canadas-public-sector-getting-fatter/
Canada needs to have competitive tax rates or risk a brain drain - https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
Canada needs have govts that support policies that encourage business investment - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
People of Ontario have a tough choice to make in June 2018 as such this presentation will highlight areas of concerns for the people of Ontario
List of the top 10 Broken Promises: https://twitter.com/Kathleen_Wynne/status/959907698035785728 https://www.ontariopc.ca/10_liberal_big_ideas_10_broken_promises
https://www.investmentexecutive.com/news/research-and-markets/ontarios-debt-outlook-drops-to-negative-moodys/ or more failed promises -
Loss jobs - http://business.financialpost.com/opinion/75000-manufacturing-jobs-lost-thats-the-price-of-ontarios-electricity-disaster
Ontario income barely grew in 10 years - http://business.financialpost.com/news/economy/canadian-median-income-growth-sluggish-over-past-10-years-statscan-figures-show
Ontario need a change - https://www.slideshare.net/paulyoungcga/ontario-liberals-kathleen-wynne-and-dalton-mcguinty-era-january-2018
Bottom line
Ontario needs a change in government. Wynne listens to no one but herself. Wynne’s continues to introduced bad after bad policies that only hurt people of Ontario
2019 Election| Public Sector Efficiency| Canada| July 2019paul young cpa, cga
The time for big government is now gone. Government needs to be re-size to ensure maximum value is being achieved for tax dollars that are collected by all levels of government.
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
Similar to Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019 (19)
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
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
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
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
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
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
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 can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
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 sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019
1. Ontario – Fiscal and
Economic Mess
April 2019
Paul Young CPA, CGA
April 21, 2019
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Summary
This presentation looks at money from
government to front-line services
The presentation also looks at impact of
funding including outcomes.
Wynne banks on that people with not read
Auditor-General Reports or F/S or outcomes.
Wynne and her team all but ignored AG
reports
Wynne has been playing games with the
books, i.e. pension adjustment, hydro rates,
etc.
4. Agenda
• Overall
• Healthcare
• Education
• Skills Trade / Post Secondary
• Jobs and Prosperity Fund
• Hydro Rates
• Employment
• Competitiveness
• Ontario / Poverty
• Ontario FIT
• Ontario Conservation Authority
• Public Health Units
• Auditor-General Reports
• Summary
5. Ontario Debt / Deficit
• Ontario’s budget watchdog says that the province’s deficit
will be $2.6 billion in 2017-18, despite a Liberal government
pledge to balance the books by then. The Financial
Accountability Office released its economic and fiscal
outlook today, saying that beyond that fiscal year the deficit
will deteriorate further to $3.7 billion in 2020-21.
• Ontario’s Liberal government is dipping into its reserve fund
to help balance the budget for the next two years, ahead of
the next provincial election.
• An accounting dispute with the auditor general over how
pension assets should appear on the books is adding $2.2
billion to the deficit this fiscal year, but the government
insists it will reach balance by its self-imposed deadline of
2017-18.
• Ontario universities face several financial pressures, among
them pension solvency deficits, according to a new
commentary by debt rating service DBRS Ltd. (who is on the
hook for the pension shortfall?
Source - http://www.rbc.com/economics/economic-
reports/pdf/provincial-forecasts/prov_fiscal.pdf
7. Annual F/S - Ontario
Source - http://www.ontla.on.ca/library/repository/ser/15767/2003-
2004//Annualreportfinancials.pdf or
https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf
• Auditor General for Ontario says
deficit is $2.5B as compare to
Wynne who shows $991M -
https://www.mississauga.com/news-
story/7542977-government-and-
auditor-general-at-odds-over-size-
of-ontario-s-deficit/
• Ontario PC’s dealt with lower
government transfers as part of
their fiscal management
• Liberal as added many new taxes
like carbon tax or Health Premium
or Property tax or other taxes
• Ontario has a spending problem, not
a tax problem -
https://ipolitics.ca/2013/04/19/onta
rio-has-a-spending-problem-not-a-
revenue-problem/
• IESO -
8. Ontario Taxation Mix
Source - http://www.ontla.on.ca/library/repository/ser/15767/2003-
2004//Annualreportfinancials.pdf or
https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf
New Taxes
• Ontario now 4.5% more of its
revenue from the federal
government
• New taxes cost taxpayers about
12 cents through either high
prices or direct taxation
(property taxes)
• Ontario is less reliance on
personal income, but has shifted
to users fees. User fees are paid
out with after tax dollars
Comments:
9. Blog – Ontario Issues
Liberal Supporters, you have two options: 1. Hike to Taxes 2. Cuts. BTW: public sector on average
makes 12% more than the private sector. It is time to get rid of big government!
https://www.slideshare.net/paulyoungcga/program-funding-and-spending-ontario or
https://nationalpost.com/opinion/allan-richarz-ontarios-teachers-are-overpaid - I google this post. So, why
can others google the issues?
1. Auditor General -
http://www.auditor.on.ca/en/content/specialreports/specialreports.html
2. Drummond Report - https://business.financialpost.com/opinion/the-drummond-
report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it
3. Moodys downgrade - https://business.financialpost.com/news/economy/moodys-
downgrades-ontarios-credit-rating-from-aa3-to-aa2-citing-deficit
4. Ontario has spending problem https://www.fraserinstitute.org/article/ontarios-
financial-problems-are-ontario-made
5. https://nationalpost.com/opinion/allan-richarz-ontarios-teachers-are-overpaid - Teachers
10. Healthcare Spending / Ontario
(2016-2017)
Source - https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf or https://www.fin.gc.ca/fedprov/mtp-eng.asp#Ontario or
https://www.rvh.on.ca/account/SiteAssets/SitePages/account/2017%20RVH%20Audited%20Financial%20Statements%20-%20Signed.pdf
• LHIN Operation Cost
$88M/year
• Wages/Ministry of
Health total $293M
Trudeau kept CPC funding
formula
https://canadians.org/bl
og/trudeau-government-
implements-harper-
governments-funding-
formula-health-care
• Royal
Victoria
Hospital
1. New funding does not mean it gets to patient -
https://www.simcoe.com/news-
story/6945785-barrie-s-rvh-could-pay-more-
than-180k-extra-for-hydro-next-year/ or
http://ottawacitizen.com/news/local-news/it-
is-a-failure-on-many-levels-ontario-failing-to-
adequately-support-the-elderly-critics-say
2. MRI Wait time -
https://youtu.be/5lD6TMEjyfk
3. Wait times -
https://www.thestar.com/news/canada/2018
/04/12/ontario-follows-national-trend-on-
wait-times-for-medical-procedures.html
4. Nurses have seen job cuts -
https://www.thespec.com/news-
story/8109542-ontario-nurses-walk-away-
from-contract-talks/
5. Overcrowding -
http://www.cbc.ca/news/canada/toronto/hos
pital-overcrowding-leaves-patients-in-
hallways-despite-addition-of-beds-1.4438907
6. LHIN -
https://www.theglobeandmail.com/news/nat
ional/auditor-general-finds-wide-variation-in-
home-care-supports-across-
ontario/article27565501/
11. Ontario / Healthcare
• https://toronto.ctvnews.ca/premier-ford-says-management-level-health-jobs-will-
be-axed-1.4334649
• “NDP deputy leader Sara Singh said she expects deep cuts in the government's first
budget, to be tabled next month. “He says only managers will lose their jobs, but
that's already untrue, and the cuts have only just begun," she said in a statement.”
• Where was Sara when Wynne’s budget forced cuts?
• https://www.queensjournal.ca/story/2017-09-29/editorials/stop-cutting-funding-to-
ontarios-healthcare/ or https://nationalpost.com/opinion/health-care-system-
pushed-to-breaking-point-with-recent-cuts-proposed-tax-changes or
https://www.macleans.ca/politics/ottawa/ontario-election-the-health-care-decoy/
• It would be nice if Ms. Singh would pick up a F/S and/or AG report before making her
statements!
• http://www.carp.ca/2012/02/24/drummond-report-to-province-cut-costs-improve-
healthcare-2/ or
• https://www.slideshare.net/paulyoungcga/ontario-fiscal-and-economic-update-
february-2019
•
12. Education / Ontario – 2016-2017
Source - https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf or http://www.wrdsb.ca/wefi/wp-
content/uploads/sites/19/WEFI-Audited-Financial-Statements-at-July-31-2017.pdf or https://www.wrdsb.ca/wp-
content/uploads/WRDSB-Financial-Statements-at-Aug-31-2017.pdf
• AG/Pension issue -
https://www.thestar.com/news/
queenspark/2017/09/07/govern
ment-and-auditor-general-at-
odds-over-size-of-ontarios-
deficit.html
• Waterloo
Board of
Education
Outcomes:
1. Graduation Rates -
https://news.ontario.ca/edu/en/2017/05/high-school-
graduation-rate-climbs-to-all-time-high.html - Grad rates
are up!
2. Quality of Students – Ontario students continue to lag in
areas like math and sciences -
https://www.thestar.com/news/gta/2016/11/30/ontario-
math-scores-for-10-year-olds-lag-behind-27-other-
countries.html
3. High youth employment rates -
http://www.advisor.ca/news/economic/jobless-rate-for-
youth-could-rise-economist-239887
4. Students lack the soft skills -
http://www.cbc.ca/news/canada/sudbury/potential-hires-
need-soft-skills-1.4206639
5. Minimum Wage / Jobs -
http://business.financialpost.com/news/economy/bank-of-
canada-estimates-60000-fewer-jobs-due-to-minimum-wage-
increases
13. Blog – Education
• Hi all, I like to educate many of you on the issues facing Ontario
and they are not pretty. The Drummond Report was very specific
that education had to change -
https://business.financialpost.com/opinion/the-drummond-
report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it or
https://nationalpost.com/opinion/allan-richarz-ontarios-teachers-
are-
overpaid?fbclid=IwAR0D8RHxM5y2JykWZIWZZuspTke1VhPE_LEPb8R
BM2xs-YQEZvLu8PRNXsg
• Education is 2nd biggest expenditure that the province of Ontario
pays out - https://www.slideshare.net/paulyoungcga/ontario-
fiscal-and-economic-cliff
• And https://www.slideshare.net/paulyoungcga/government-
policy-education-ontario
• Funding for education is based on students. There are many
schools that have issues with enrolment.
https://www.northernpolicy.ca/article/ontario-school-closures-a-
%E2%80%9Cdollars-and-sense%E2%80%9D-alternative-%E2%80%93-
community-hub-schools-1351.asp
• Teacher compensation is a big issues for school boards -
https://business.financialpost.com/executive/careers/teachers-
should-earn-their-high-pay This is a big issue for school boards.
15. Post-Secondary / Ontario
https://www.cbc.ca/news/canada/toronto/ontario-colleges-university-performance-funding-budget-1.5094751
The Ontario govt new approach to funding is the right approach which is tie it to outcome. Too many schools
pushed out graduates with degrees that have little value. https://www.slideshare.net/paulyoungcga/2019-and-
beyond-career-management or
https://educationnewscanada.com/article/education/category/economy/96/761451/colleges-applaud-ontario-
budget-commitment-to-modernize-apprenticeship-training.html
16. Job and Prosperity Fund
• Many thanks to Wynne and
her team for driving out FDI
https://www.thestar.com/ne
ws/canada/2017/09/13/can
adian-incomes-jump-but-
ontario-residents-hit-by-
manufacturing-downturn-
statistics-canada.html
•
• The only thing Liberals are
good at is handing out
moneys
• https://www.slideshare.net/
paulyoungcga/government-
policy-jobs-and-prosperity-
fund-ontario
17. Hydro / Fair Hydro
Liberal supporter,
• So, Fraser Institute is wrong, right? So, is the AG report wrong as well?
http://www.auditor.on.ca/en/content/news/11_newsreleases/2011ne
ws_3.03.pdf
•
• Ontario AG
http://www.auditor.on.ca/en/content/specialreports/specialreports/F
airHydroPlan_en.pdf or
http://www.cbc.ca/news/canada/toronto/ontario-hydro-auditor-
general-report-fair-hydro-plan-wynne-1.4358168
•
• I have done my own work through reviewing different information and
high hydro rates have driven out business -
https://www.slideshare.net/paulyoungcga/failed-clean-energy-
policies-ontario-wynne-and-mcguinty
•
• Ontario businesses are at the breaking point with the Liberals as they
have seen carbon taxation, elimination of EHT threshold, high hydro
rates, planned hikes to minimum wage, etc. Business can adjust to
government policies, but not when they continue to be slammed by
Wynne with bad after bad policy!
•
• Jobs replaced by manufacturing have been lower in pay, like
retail/transportation/etc. https://beta.theglobeandmail.com/report-
on-business/economy/census-2016-statscan-
income/article36242392/?ref=http://www.theglobeandmail.com&
•
http://www.cbc.ca/news/canada/toronto/ontario-hydro-
auditor-general-report-fair-hydro-plan-wynne-1.4358168
“Auditor General Bonnie Lysyk investigated the financing
of what the Ontario Liberals call the "Fair Hydro Plan." The
plan has reduced the average household electricity bill in
the province by 25 per cent from the peak in the summer
of 2016.
Lysyk said the government is "improperly" accounting for
the $26 billion in debt the province is taking on to cut
hydro bills in the short term.
The $26 billion is being borrowed through Ontario Power
Generation, so will not appear on the province's books.
Electricity customers will pay off that debt through rate
increases spread out over the next 30 years.
18. Ontario Competitiveness
• Hydro rates too high -
https://news.ontario.ca/mndmf/en/2019/03/ford-government-taking-
bold-action-to-fix-hydro-mess.html
• Businesses said changes to minimum wage and other labor laws were too
much too soon - https://www.cbc.ca/news/canada/toronto/ont-labour-
reform-1.4914613
• Ontario moving forward plans to support mining, forestry -
https://www.timminspress.com/news/local-news/tories-commit-to-
moving-ring-of-fire-forward
• Small businesses support changes to small business tax, apprenticeship
and red tap - https://saultonline.com/2019/04/cfib-ontario-budget-
speaks-to-small-business-priorities/
19. Poverty / Ontario
•
• https://www.slideshare.net/paulyoungcga/analysis-of-ontario-poverty
• https://torontosun.com/news/provincial/welfare-reform-on-its-way-
food-bank-use-soars
• “Right now, in the province of Ontario, one-in-seven people are living in
poverty. We have almost a million people on social assistance … ODSP or
Ontario Works.”
• https://www.slideshare.net/paulyoungcga/analysis-of-ontario-poverty
• “Right now, in the province of ON, one-in-seven people are living in
poverty. We have almost 1M people on social assistance
https://www.slideshare.net/paulyoungcga/analysis-of-ontario-poverty
@MitzieHunter
Your govt failed!
@AndreaHorwath
You back the liberals, right?
@ontarioisproud @MacLeodLisa
21. Ontario Failed Clean Energy Policies
• FIT – Failures - http://business.financialpost.com/opinion/boondoggle-how-
ontarios-pursuit-of-renewable-energy-broke-the-provinces-electricity-system
• Electrical Car Failures - https://www.cbc.ca/news/canada/toronto/ontario-
cuts-off-rebates-for-electric-vehicles-costing-more-than-75k-1.4571548 - This
never bumped car sales
• Smart Meter - http://www.cbc.ca/news/canada/toronto/smart-meters-hydro-
bills-ontario-time-of-use-pricing-1.3862462
• http://torontosun.com/2017/09/05/ontario-energy-efficiency-programs-wont-
work/wcm/6ae78550-0289-413c-a56e-e7abc6ef6e94 - Minimal savings
• https://twitter.com/AndreaHorwath/status/1009238019226947587 or
https://www.canadianmanufacturing.com/regulation/ontario-green-renovation-
rebates-funded-through-cap-and-trade-system-cancelled-214926/
22. Ontario Conservation Authority
It never seems to amaze me how little people understand how government agencies like Conservation Authorities operate in Ontario.
• Conservation Authority / Niagara http://www.auditor.on.ca/en/content/specialreports/specialreports.html https://www.stcatharinesstandard.ca/news-story/8931284-npca-
needs-to-restore-public-trust-says-auditor-general/ “Bonnie Lysyk's audit report of the agency, released Thursday afternoon found "weak governance and operational practices at
NPCA" plus "significant issues" across several areas that included areas of human resources and procurement policies, poor flood mapping data and leadership problems.”
• Greenbelt planning issues - http://aware-simcoe.ca/2018/04/mle-debacle-conservation-authority-fails-its-own-test-in-georgina/ “Last week, the Lake Simcoe Region Conservation
Authority (LSRCA) decided to issue a Section 28 permit to developer DG Group to allow for the construction of a 1,073 unit subdivision in a Provincially Significant Wetland. The
LSRCA board supported a staff report recommending issuing the permit despite the fact that the report was riddled with legal errors and that it found that DG Group’s application
failed to meet the Conservation of Land test required to issue a Section 28 permit. That didn’t stop the LSRCA, which decided that it could still issue the permit in return for DG
Group giving up control of lands within the Greenbelt Protected Countryside that it has no authority to develop.
• https://www.tvo.org/article/ontarios-conservation-authorities-are-broken-and-the-government-is-finally-trying-to-fix-them Failures under the Liberals – “Ontario’s conservation
authorities are on the front lines in the battle against climate change. They oversee flood protection for much of the province, and they’re also tasked with taking care of its
watersheds but the laws that govern them are woefully out of date, which has led to a patchwork system of accountability. That system has been criticized in Niagara, where the
local conservation authority has faced allegations of corruption, is waging a legal battle against a concerned citizen, and has jousted with the municipalities who fund it.”
• Urban Planning - https://www.watercanada.net/municipalities-province-must-act-on-conservation-authority-funding-transparency/ “With the passage of Bill 139, Building Better
Communities and Conserving Watersheds Act, 2017, in December, the elevated role of provincial Conservation Authorities (CAs) has garnered the attention of Ontario
municipalities struggling with the tax burden of supporting CA operating budgets and those concerned about the accountability and transparency of the Authorities.”
• Municipal govt fights - https://www.cbc.ca/news/canada/hamilton/npca-court-challenge-1.4503899 “City council voted Wednesday to ask Ontario divisional court for a judicial
review of the levy increase. This comes after the province's deputy mining and lands commissioner sided with NPCA over an increase of roughly $1 million more per year for
Hamilton. Grand River Conservation Authority (GRCA) followed the NPCA's lead this week, increasing the city's annual levy by about $1.1 million too. Combined with Conservation
Halton's increase, that amounts to about $2.2 million per year more on Hamilton taxpayers.”
• Conservation Authorities and oversight - https://www.hamiltonnews.com/news-story/7367789-ontario-proposes-stricter-oversight-of-conservation-authorities/ “Ontario Minister of
Natural Resources Kathryn McGarry says municipalities will be responsible to properly oversee the operations and board appointments of conservation authorities.”
• Many cities still have archaic storm water systems - http://www.hurricanehazel.ca/ssi/evolution_flood_control.shtml or https://esemag.com/stormwater/one-ontario-city-
doubled-stormwater-funding/. There are many issues with municipalities - https://www.slideshare.net/paulyoungcga/municipal-government-and-the-issues-at-hand
• Many municipalities charged storm water fees - http://www.mondaq.com/canada/x/380168/Environmental+Law/More+Cities+Adopting+Stormwater+Fees+You+Pave+You+Pay
• https://ottawacitizen.com/news/local-news/conservation-authorities-ponder-how-to-prevent-flooding-with-less-funding “Lysyk identified several problems, including that
administrative spending rose 49 per cent from 2012 to 2017 while spending on watershed services dropped 18 per cent. Board members also often “involved themselves in the day-
to-day operations,” she found. Casgrain-Robertson points out that the audit focused on only one conservation authority and that the authorities are accountable to municipalities
within their watersheds. Rideau Valley, for example, has 18 municipalities within its watershed and has a representative from each municipal council on its 23-member board.”
• Many cities have done poor urban planning - https://www.slideshare.net/paulyoungcga/urban-planning-issues-facing-urban-planners-april-2019
23. Public Health Units
I am little tired of people reading the headlines and not grasping the both education and healthcare needs to
change their delivery model as part of eliminating excess management and focusing on value for money!
1. Public Health gets funding from municipalities - http://www.amo.on.ca/AMO-
Content/Backgrounders/2018/MunicipalGovernmentsAreFundingPartnersinHealthServ.aspx
2. Consolidation/synergies - https://globalnews.ca/news/5158688/ontario-budget-public-health/
3. Too many layers of managing healthcare - https://www.longwoods.com/content/25349//the-independence-
of-ontario-s-public-health-units-does-governing-structure-matter-
4. Liberals look at consolidation - https://lfpress.com/2018/03/06/medical-officer-of-health-chris-mackie-
fails-to-win-middlesex-approval-of-move-to-cheaper-digs/wcm/90336c19-0b10-5152-07b1-e6f7a098b513
5. Value for money/operational changes - https://healthydebate.ca/opinions/how-public-health-is-funded-in-
canada-and-why-that-needs-to-change
6. Lack of oversight - https://www.sootoday.com/local-news/cautionary-tales-on-leadership-from-algoma-
public-health-181298
•
25. Summary
• Ontario 2018-2019 budget was fair and prudent
• Public Sector unions are on notice that path to balance will come
through changes to your compensation package
• Ontario PC heading the right direction when addressing
competitive issues facing Ontario business