Human Capital and Workforce Planning| Canada and the Worldpaul young cpa, cga
Human capital management is becoming a critical issue for both the private and public sectors. I have written many blogs and presentations on human capital. The fix is not the difficult as it relates to the training and development of employees for current and future jobs. The old saying “Quality work demands quality people and product”
1. Wages - https://www.washingtonexaminer.com/restoring-america/community-family/should-america-follow-canadas-low-wage-high-immigration-model
2. November 2021 jobs - https://ca.news.yahoo.com/november-jobs-report-what-to-know-this-week-144428419.html
3. AI and jobs - https://www.koreatimes.co.kr/www/biz/2021/11/488_319499.html?tw
4. 2022 Automation - https://www.uipath.com/blog/automation/top-automation-trends-2022
5. Digital - https://www.zdnet.com/article/top-7-trends-shaping-digital-transformation-in-2022/
6. Digital - https://venturebeat.com/2021/11/06/report-only-7-of-it-decision-makers-say-theyre-equipped-for-digital-transformation/
7. Skills trades - https://www.northernontariobusiness.com/industry-news/training-education/province-announces-90m-to-promote-skilled-trades-4798564
8. Wages - https://www.cnbc.com/2021/11/10/inflation-has-taken-away-all-the-wage-gains-for-workers-and-then-some.html
9. Business investment - https://www.conference-board.org/research/us-forecast
10. Business investment - https://www.reuters.com/markets/rates-bonds/australia-q3-business-investment-slips-outlook-surprisingly-resilient-2021-11-25/
Human Capital and Workforce Planning| Canada and the Worldpaul young cpa, cga
Human capital management is becoming a critical issue for both the private and public sectors. I have written many blogs and presentations on human capital. The fix is not the difficult as it relates to the training and development of employees for current and future jobs. The old saying “Quality work demands quality people and product”
1. Wages - https://www.washingtonexaminer.com/restoring-america/community-family/should-america-follow-canadas-low-wage-high-immigration-model
2. November 2021 jobs - https://ca.news.yahoo.com/november-jobs-report-what-to-know-this-week-144428419.html
3. AI and jobs - https://www.koreatimes.co.kr/www/biz/2021/11/488_319499.html?tw
4. 2022 Automation - https://www.uipath.com/blog/automation/top-automation-trends-2022
5. Digital - https://www.zdnet.com/article/top-7-trends-shaping-digital-transformation-in-2022/
6. Digital - https://venturebeat.com/2021/11/06/report-only-7-of-it-decision-makers-say-theyre-equipped-for-digital-transformation/
7. Skills trades - https://www.northernontariobusiness.com/industry-news/training-education/province-announces-90m-to-promote-skilled-trades-4798564
8. Wages - https://www.cnbc.com/2021/11/10/inflation-has-taken-away-all-the-wage-gains-for-workers-and-then-some.html
9. Business investment - https://www.conference-board.org/research/us-forecast
10. Business investment - https://www.reuters.com/markets/rates-bonds/australia-q3-business-investment-slips-outlook-surprisingly-resilient-2021-11-25/
GDP is key measurement for a country. Allot is said about GDP, especially by various government. The reality is government gets to much credit for booming economy and too much fault for recession.
There are many factors drive GDP including taxation, business returns, consumer spending and government spending. 2/3 of economies tend to be driven by consumer spending. If you set policies that takes more money out people’s pocket book then that will lead to less consumer spending.
Unions have a role to ensure they work with companies as part of the collective bargaining agreement
Unions have said little or nothing when it comes to policies that hinder Canada’s competitive position
CPC introduced oversight which was reversed by Trudeau and the Liberals - http://business.financialpost.com/opinion/trudeau-gives-big-labour-a-pass
Blog – GDP – Canada – September 2021
Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction.
Preliminary information indicates that real GDP rebounded in October, up 0.8% with increases in most sectors. Manufacturing led the growth after contracting in September due in part to the effects of the semiconductor shortage. Other notable increases were in public sector, construction, finance and insurance, and transportation and warehousing. Because of its preliminary nature, this estimate will be revised on December 23, with the release of the official GDP data for the October reference month.
Overall, 12 of 20 industrial sectors were up in September, with growth in services-producing industries (+0.4%) more than offsetting a decline in goods-producing industries (-0.6%).
The continued global shortage of semiconductors and other supply chain disruptions markedly affected manufacturing and sales activity at a number of automotive-related industries across different industrial sectors in September.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
Average weekly earnings of non-farm payroll employees were $1,023 in April, up 0.7% from March. Compared with 12 months earlier, earnings grew by 2.9%. (FYI – Goods Producing Sector average is 1.5%. The spike is primarily to do with retail wages.
In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.
Non-farm payroll employees worked an average of 32.8 hours per week in April, unchanged from the previous month and little changed from 12 months earlier.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190627/dq190627b-eng.htm
This presentation will provide key rankings along with blogs to provide information as way for people to assess whether or not Justin Trudeau and his team are either a success or failure
Canada inflation is now at 5.7% the highest level in over 40 years
The average price of a house is now over 812K
Household debt is at all-time high
Source - https://www.nasdaq.com/articles/canada-annual-inflation-rate-accelerates-to-5.7-in-february
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
Morneau “"I think Canadians will make their decisions based on those economic outcomes. I think people will see Andrew Scheer does not have a credible approach for the economy and our approach to the economy is actually working," he told reporters at an event at Toronto's Ryerson University. "There are obviously continuing challenges ... people in Alberta are facing a challenge around the changing oil and gas sector. Those issues are real. But what we're also seeing across the country is significantly more people employed.“ -Source - https://www.cbc.ca/news/politics/scheer-economic-address-energy-corridor-1.5138649
There many facets to the economy including how to bet get goods to market in environmentally sustainable way. The problem is the liberals never had the answers as you will see with this presentation as it focus on taxation, regulations, fdi, trade, environment, employment and innovation.
The federal government ran a deficit of nearly $69 billion over the first half its fiscal year, almost $130 billion less than the treasury pumped out during the same stretch one year earlier.
The Finance Department’s fiscal monitor says the budgetary deficit between April and September was $68.6 billion, down from the $198.1 billion recorded over the same months in 2020 when Covid-19 first struck.
Source - https://www.advisor.ca/news/economic/federal-deficit-hits-nearly-69b-over-first-half-of-fiscal-year/
1. Deficit / Canada - https://www.reuters.com/markets/rates-bonds/canada-records-c6857-bln-budget-deficit-over-first-six-months-202122-2021-11-26/
2. BOC / qualitative easing - https://www.bankofcanada.ca/2021/11/financial-stability-through-the-pandemic-and-beyond/
3. Inflation - https://financialpost.com/opinion/philip-cross-government-is-driving-inflation
4. Household debt - https://www.consolidatedcreditcanada.ca/financial-news/household-debt/
5. https://twitter.com/EvanLSolomon/status/1464071997286232100 Hey Evan - Sep/19 also seen higher inflation compared to Oct/15 but there was no comment from you back in Sep/19, why? https://www.slideshare.net/paulyoungcga/2019-election-cost-of-living-canada-june-2019 There was also no comment how GDP growth went from 3.0% (2017) to 1.6% (2019), right? https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
6. Interest rates - https://www.bloomberg.com/news/articles/2021-10-27/bank-of-canada-accelerates-potential-timing-of-rate-hikes
7. Housing - https://theconversation.com/want-to-solve-the-housing-crisis-address-super-charged-demand-169809
8. Consumer spending - https://thoughtleadership.rbc.com/rbc-consumer-spending-tracker/
9. Infrastructure bank - https://canada.constructconnect.com/dcn/news/projects/2021/11/cib-hits-its-stride-with-20-projects-in-its-portfolio
10. https://globalnews.ca/news/8404028/prime-minister-justin-trudeau-bc-flood-zone/ Is @JustinTrudeau taking his surfboard? Many of us already know it will be lots of word salad and little said about all levels of government failing to safeguard assets! https://www.slideshare.net/paulyoungcga/crisis-and-emergency-management-risk-management-how-best-to-manage-risk
NDP is a good party to keep government honest, but to lead that would be a big mistake. NDP's policies of keeping goods in the ground, higher taxes for business and handouts are a recipe for economic and fiscal ruin.
Who could see this coming that jobs would go out the door as employment shrunk by 88,000
P/T jobs are gone which is par for the course as many of them were Christmas related, right? Except that in January 2017 57K net new jobs were created, right?
Countries, states, provinces, and local governments are facing fiscal challenges due to declining revenue and higher program spending costs.
This presentation looks at taxation including how best to reform tax policy
Household Spending, Savings and Income (Income Inequality .pptxpaul young cpa, cga
Here is my latest look at household consumption, taxation, and income.
Justin Trudeau is continuing on his social spending plan. The problem is there was a structural deficit pre-covid19.
Blog – Wages and Employment – Canada – April 2021
Wages continue to trail the cost of housing.
There are job vacancies issues that need to be addressed.
Automation continues to drive operational models for both the private and public sectors.
1. Wages - https://www.cbc.ca/news/business/post-pandemic-labour-wages-column-don-pittis-1.6049800
2. Wages vs housing - https://www.statista.com/statistics/591782/house-price-to-income-ratio-canada/
3. Housing - https://www.reddit.com/r/PersonalFinanceCanada/comments/ke0lqy/average_home_prices_for_2021_are_insane_for_any/
4. Goodale - https://www.huffingtonpost.ca/ralph-goodale/harper-fiscal-reputation_b_6591064.html
5. SME - https://www.newswire.ca/news-releases/canada-s-small-and-medium-enterprises-struggle-to-identify-the-skills-and-talent-needed-to-recover-and-grow-new-report-shows-867982415.html
6. Hiring issues - https://www.hrreporter.com/focus-areas/recruitment-and-staffing/global-talent-shortage-at-15-year-high-report/356758
7. Skills gap - https://www.hcmworks.com/blog/how-to-close-the-skill-gap-and-stop-brain-drain
8. Digital - https://www.zdnet.com/article/companies-are-key-to-solving-the-digital-skills-gap/
9. Retail – https://www.slideshare.net/paulyoungcga/retail-sales-and-consumer-spending-canada-april-2021
10. Hospitality - https://www.slideshare.net/paulyoungcga/hospitality-and-food-service-sector-canada-april-2021
GDP is key measurement for a country. Allot is said about GDP, especially by various government. The reality is government gets to much credit for booming economy and too much fault for recession.
There are many factors drive GDP including taxation, business returns, consumer spending and government spending. 2/3 of economies tend to be driven by consumer spending. If you set policies that takes more money out people’s pocket book then that will lead to less consumer spending.
Unions have a role to ensure they work with companies as part of the collective bargaining agreement
Unions have said little or nothing when it comes to policies that hinder Canada’s competitive position
CPC introduced oversight which was reversed by Trudeau and the Liberals - http://business.financialpost.com/opinion/trudeau-gives-big-labour-a-pass
Blog – GDP – Canada – September 2021
Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction.
Preliminary information indicates that real GDP rebounded in October, up 0.8% with increases in most sectors. Manufacturing led the growth after contracting in September due in part to the effects of the semiconductor shortage. Other notable increases were in public sector, construction, finance and insurance, and transportation and warehousing. Because of its preliminary nature, this estimate will be revised on December 23, with the release of the official GDP data for the October reference month.
Overall, 12 of 20 industrial sectors were up in September, with growth in services-producing industries (+0.4%) more than offsetting a decline in goods-producing industries (-0.6%).
The continued global shortage of semiconductors and other supply chain disruptions markedly affected manufacturing and sales activity at a number of automotive-related industries across different industrial sectors in September.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
Average weekly earnings of non-farm payroll employees were $1,023 in April, up 0.7% from March. Compared with 12 months earlier, earnings grew by 2.9%. (FYI – Goods Producing Sector average is 1.5%. The spike is primarily to do with retail wages.
In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.
Non-farm payroll employees worked an average of 32.8 hours per week in April, unchanged from the previous month and little changed from 12 months earlier.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190627/dq190627b-eng.htm
This presentation will provide key rankings along with blogs to provide information as way for people to assess whether or not Justin Trudeau and his team are either a success or failure
Canada inflation is now at 5.7% the highest level in over 40 years
The average price of a house is now over 812K
Household debt is at all-time high
Source - https://www.nasdaq.com/articles/canada-annual-inflation-rate-accelerates-to-5.7-in-february
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
Morneau “"I think Canadians will make their decisions based on those economic outcomes. I think people will see Andrew Scheer does not have a credible approach for the economy and our approach to the economy is actually working," he told reporters at an event at Toronto's Ryerson University. "There are obviously continuing challenges ... people in Alberta are facing a challenge around the changing oil and gas sector. Those issues are real. But what we're also seeing across the country is significantly more people employed.“ -Source - https://www.cbc.ca/news/politics/scheer-economic-address-energy-corridor-1.5138649
There many facets to the economy including how to bet get goods to market in environmentally sustainable way. The problem is the liberals never had the answers as you will see with this presentation as it focus on taxation, regulations, fdi, trade, environment, employment and innovation.
The federal government ran a deficit of nearly $69 billion over the first half its fiscal year, almost $130 billion less than the treasury pumped out during the same stretch one year earlier.
The Finance Department’s fiscal monitor says the budgetary deficit between April and September was $68.6 billion, down from the $198.1 billion recorded over the same months in 2020 when Covid-19 first struck.
Source - https://www.advisor.ca/news/economic/federal-deficit-hits-nearly-69b-over-first-half-of-fiscal-year/
1. Deficit / Canada - https://www.reuters.com/markets/rates-bonds/canada-records-c6857-bln-budget-deficit-over-first-six-months-202122-2021-11-26/
2. BOC / qualitative easing - https://www.bankofcanada.ca/2021/11/financial-stability-through-the-pandemic-and-beyond/
3. Inflation - https://financialpost.com/opinion/philip-cross-government-is-driving-inflation
4. Household debt - https://www.consolidatedcreditcanada.ca/financial-news/household-debt/
5. https://twitter.com/EvanLSolomon/status/1464071997286232100 Hey Evan - Sep/19 also seen higher inflation compared to Oct/15 but there was no comment from you back in Sep/19, why? https://www.slideshare.net/paulyoungcga/2019-election-cost-of-living-canada-june-2019 There was also no comment how GDP growth went from 3.0% (2017) to 1.6% (2019), right? https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp
6. Interest rates - https://www.bloomberg.com/news/articles/2021-10-27/bank-of-canada-accelerates-potential-timing-of-rate-hikes
7. Housing - https://theconversation.com/want-to-solve-the-housing-crisis-address-super-charged-demand-169809
8. Consumer spending - https://thoughtleadership.rbc.com/rbc-consumer-spending-tracker/
9. Infrastructure bank - https://canada.constructconnect.com/dcn/news/projects/2021/11/cib-hits-its-stride-with-20-projects-in-its-portfolio
10. https://globalnews.ca/news/8404028/prime-minister-justin-trudeau-bc-flood-zone/ Is @JustinTrudeau taking his surfboard? Many of us already know it will be lots of word salad and little said about all levels of government failing to safeguard assets! https://www.slideshare.net/paulyoungcga/crisis-and-emergency-management-risk-management-how-best-to-manage-risk
NDP is a good party to keep government honest, but to lead that would be a big mistake. NDP's policies of keeping goods in the ground, higher taxes for business and handouts are a recipe for economic and fiscal ruin.
Who could see this coming that jobs would go out the door as employment shrunk by 88,000
P/T jobs are gone which is par for the course as many of them were Christmas related, right? Except that in January 2017 57K net new jobs were created, right?
Countries, states, provinces, and local governments are facing fiscal challenges due to declining revenue and higher program spending costs.
This presentation looks at taxation including how best to reform tax policy
Household Spending, Savings and Income (Income Inequality .pptxpaul young cpa, cga
Here is my latest look at household consumption, taxation, and income.
Justin Trudeau is continuing on his social spending plan. The problem is there was a structural deficit pre-covid19.
Blog – Wages and Employment – Canada – April 2021
Wages continue to trail the cost of housing.
There are job vacancies issues that need to be addressed.
Automation continues to drive operational models for both the private and public sectors.
1. Wages - https://www.cbc.ca/news/business/post-pandemic-labour-wages-column-don-pittis-1.6049800
2. Wages vs housing - https://www.statista.com/statistics/591782/house-price-to-income-ratio-canada/
3. Housing - https://www.reddit.com/r/PersonalFinanceCanada/comments/ke0lqy/average_home_prices_for_2021_are_insane_for_any/
4. Goodale - https://www.huffingtonpost.ca/ralph-goodale/harper-fiscal-reputation_b_6591064.html
5. SME - https://www.newswire.ca/news-releases/canada-s-small-and-medium-enterprises-struggle-to-identify-the-skills-and-talent-needed-to-recover-and-grow-new-report-shows-867982415.html
6. Hiring issues - https://www.hrreporter.com/focus-areas/recruitment-and-staffing/global-talent-shortage-at-15-year-high-report/356758
7. Skills gap - https://www.hcmworks.com/blog/how-to-close-the-skill-gap-and-stop-brain-drain
8. Digital - https://www.zdnet.com/article/companies-are-key-to-solving-the-digital-skills-gap/
9. Retail – https://www.slideshare.net/paulyoungcga/retail-sales-and-consumer-spending-canada-april-2021
10. Hospitality - https://www.slideshare.net/paulyoungcga/hospitality-and-food-service-sector-canada-april-2021
There has been little discussion of a economic road map as part of the managing COVID19. The economy has many parts to it as such govt needs to come up with fiscal and economic road map as part moving Canada through the COVID19 crisis.
Canada - Fiscal Management - Deficit and Debt - January 2022.pptxpaul young cpa, cga
Canada heads to a very difficult time with a government that solely focus on its progressive agenda and climate change. The government continues push forward with new programs despite a structural deficit that has not been addressed since the December 2019.
Summary:
The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year.
The Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.
Source - https://www.advisor.ca/news/economic/eight-month-deficit-feds-spent-73-7-billion-more-than-they-took-in/
1. YTD deficit of $73B - https://infotel.ca/newsitem/fiscal-monitor/cp2130154807
2. Currency - https://www.reuters.com/article/canada-forex/canada-fx-debt-c-posts-biggest-weekly-decline-since-august-on-risk-aversion-idUKL1N2U829F
3. GDP - https://betterdwelling.com/bank-of-canada-quietly-revised-its-gdp-forecast-to-show-a-larger-housing-contraction/
4. Green inflation - https://euobserver.com/climate/154220
5. Trade - https://worldrepublicnews.com/united-states-defeats-canada-in-first-dispute-under-new-north-american-trade-pact/
6. Skills gaps - https://worldrepublicnews.com/united-states-defeats-canada-in-first-dispute-under-new-north-american-trade-pact/
7. Input Costs / AG - https://www.agweb.com/news/crops/planting/farming-input-costs-are-rising-how-producers-are-managing-risk
8. Middle class taxes - https://www.agweb.com/news/crops/planting/farming-input-costs-are-rising-how-producers-are-managing-risk
9. Wealth taxes - https://financesofthenation.ca/2022/01/26/why-wont-canada-increase-taxes-on-capital-gains-of-the-wealthiest-families/
10. Value for money - https://www.thespec.com/opinion/contributors/2022/01/26/value-for-money-audit-could-unlock-police-ingenuity-creativity-and-innovation.html
11. Funding transit - https://fcm.ca/en/news-media/news-release/big-city-mayors-federal-government-public-transit-needs-our-help
12. What plans?
a. https://www.canada.ca/en/innovation-science-economic-development/news/2022/01/government-of-canada-delivers-on-commitment-to-reduce-cell-phone-wireless-plans-by-25.html
i. This is misleading because it is based on plans. https://www.iphoneincanada.ca/carriers/rogers/rogers-telus-bell-have-lowered-cellphone-plans-by-25-as-agreed-says-ottawa/
1. If you renew your plan than you will see different rates due to what is being offered.
2019 Election| Employment and Job Quality| Canada| August 2019paul young cpa, cga
Canada has low unemployment rate, but the low unemployment rate does not tell the complete picture of the labor market.
There are issues with job quality. There needs to be change in government policies that better support goods producing, IT and advance skill level jobs.
Government needs to become more efficient -
Canada - Fiscal Management - Deficit and Debt - March 2022.pptxpaul young cpa, cga
Federal fiscal deficit hit nearly 96B for the FY ending March 2022
OPP costs continue to plague municipal and local government budgets
More needs to be done from all levels of government to mitigate the impacts of climate change
All levels of government need to address issues with housing
Governments need to start looking at the operational model as part of managing costs.
All levels of government need revisit tax policies to ensure fairness.
More needs to be done to address skill gaps and economic development
More needs to be done to address issues with healthcare wait times
Better alignment of education with the jobs of today and tomorrow
Canada - Fiscal Management - Deficit and Debt - May 2022.pptxpaul young cpa, cga
Blog – Public Sector – What is next for Canada – June 2022
The federal public services have expanded by over 50K job and yet there are backlogs with passports, immigration, and other areas of government
Federal government deficits pre-covid nineteen did little to address productivity, innovation, skills gaps, and affordable housing.
Canada per capita GDP trails other countries like Qatar https://georank.org/economy/canada/qatar and Australia https://georank.org/economy/australia/canada
Canada continues to struggle with high inflation - https://www.cbc.ca/news/politics/chrystia-freeland-inflation-1.6501750
The COVID19 crisis has led to many issues including a rise with both income inequality and poverty. Countries around the world need to work fixed their enconomic and fiscal policies.
2019 Election| Human Capital and Skills Management| Canada| September 2019paul young cpa, cga
For companies and government to be successful means they need to look at hard at their policies and programs to support development of their employees.
Government needs to adjust their workplace model to the digital economy
Government policies like hikes to small business tax and/or elimination of tax credits are making Canada less competitive when it comes to attracting brain power.
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
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@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
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
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@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
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.
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. Agenda
Wages / May 2020
Above Average Wages / July 2020
Goods to Market / July 2020
PBO / Federal Wages
Public Sector vs Private Sector Wages
Middle class % (based on wages)
Blog – Middle Class
What’s next
6. Goods Producing Sector
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/200827/dq200827a-eng.htm
https://financialpost.com/executive/posthaste-canadas-
economic-recovery-is-already-flagging-it-may-be-time-for-
new-finance-ministers-
freeconomics?utm_medium=Social&utm_source=Twitter#
Echobox=1598530551
@cafreeland views have always been government
should take care of you. Freeland could care less if
her new spending is affordable as that is not her
agenda! Freeland does not care, but I can guarantee
bond rating companies will care about her spending
and deficits.
https://www.slideshare.net/paulyoungcga/gdp-canada-
real-truth-august-2020
Neither Navdeep Bains nor Chrystia Freeland are putting
much focus on goods producing sector unless it means
adding both more taxes and regulations.
7. PBO / Federal Wages
Source - https://www.pbo-dpb.gc.ca/en/blog/news/RP-2021-018-M--public-service-use-paid-leave-reasons-
related-to-covid-19--utilisation-fonction-publique-conges-payes-raisons-liees-covid-19
8. Public vs Private Sector Wages
Source - https://www.fraserinstitute.org/studies/comparing-government-and-private-sector-compensation-in-canada-2020 https://www.globenewswire.com/news-
release/2020/01/30/1977289/0/en/Fraser-Institute-News-Release-Public-sector-workers-in-Atlantic-Canada-were-paid-11-9-per-cent-higher-wages-than-comparable-private-sector-
workers-in-2018.html or https://www.fraserinstitute.org/article/trudeau-government-must-rein-in-compensation-for-government-workers
• Nova Scotia’s premier says public-sector workers will
have to dampen their wage expectations in the coming
years as the province grapples with a projected $853-
million deficit as a result of the COVID-19 pandemic.
Source -
https://www.canadianmanufacturing.com/financing/fight
-against-nova-scotias-deficit-will-need-co-operation-of-
labour-premier-258215/
• All levels of government will need to tackle their
operational expenses include wage/benefit reforms -
11. Blog – Middle Class
Middle class has struggle under Liberal policies -
https://www.cp24.com/news/liberals-foresee-high-
unemployment-343-billion-deficit-due-to-covid-19-1.5015223
Middle class has seen carbon tax, hikes to payroll taxes,
elimination of boutique tax credits -
https://www.slideshare.net/paulyoungcga/canada-what-is-
happening-with-the-middle-class
Housing - https://rates.ca/resources/so-much-middle-class-
housing-toronto?utm_campaign=middleclass
You need to make over $135K year to be able to afford to live in
big cities like Toronto -
https://www.facebook.com/watch/?v=3094566090664676
GDP needs to be fix -
https://www.slideshare.net/paulyoungcga/canada-gdp-and-
economy-truth-and-what-needs-to-change
12. Income Supplement (CERB and EI)
I support all programs that will help take people off welfare to move them to a good quality job. My concerns are the Libs'
focus is purely on failed green policies that will do little to support GDP growth for the near-term and L/T.
https://www.slideshare.net/paulyoungcga/policy-employment-insurance-and-cerb-canada-august-2020
TD is saying what many other economists have also said that this program should not rush out https://economics.td.com/ca-
pandemic-support
Finance Minister Freeland should be discussing policies that will support the goods producing sector which is about 30% of
the Canadian GDP -https://www.slideshare.net/paulyoungcga/gdp-canada-real-truth-august-2020
13. Youth Employment
@JustinTrudeau should also be reminded that he is doing nothing for the economy other than
pushing UBI! There is a job crisis in Canada which Trudeau and @cafreeland have never
acknowledge! https://www.slideshare.net/paulyoungcga/canada-and-youth-employment-
analysis-and-commentary
14. What’s next
All levels of government will need to work together to support
GDP growth - https://www.slideshare.net/paulyoungcga/canada-
gdp-and-economy-truth-and-what-needs-to-change
All levels of government need to reign in their expenses -
https://www.slideshare.net/paulyoungcga/how-to-reform-local-
and-municipal-government-237070928
More focus on human capital management policies -
https://www.slideshare.net/paulyoungcga/automation-and-
human-capital-management-human-resources
More focus on technology -
https://www.slideshare.net/paulyoungcga/technology-canada-
and-the-world
More focus on getting goods to market -
https://www.slideshare.net/paulyoungcga/how-best-to-get-
goods-to-market
Adopting tax policy and regulations to better support the circular
economy (i.e. zero waste) -
https://www.slideshare.net/paulyoungcga/how-to-best-support-
a-circular-economy