This document provides an overview and analysis of Canada's immigration policies. It discusses topics like the costs associated with resettling refugees, barriers facing new immigrants, immigration trends over time, and criticisms of Justin Trudeau's handling of irregular border crossings. Key points made include that resettling refugees costs between $600 million to $1 billion annually, and that Trudeau's tweet welcoming people to Canada contributed to the surge in irregular border crossings.
Canada like many countries needs immigrants as part of supporting an economy
Canada needs better alignment of immigration with skills gaps - https://www.slideshare.net/paulyoungcga/2019-election-human-capital-and-skills-management-june-2019
Integrating new immigrants into Canada is very costly.
Trudeau’s inability to stop the illegal border crossing has put a strain on the immigration system - https://irb-cisr.gc.ca/en/statistics/Pages/Irregular-border-crosser-statistics.aspx
2015 Election promise - https://www.liberal.ca/liberals-unveil-new-plan-for-immigration-focused-on-family-reunification-middle-class-growth/. Liberals never fixed the immigration system. One could argue the immigration system has a large backlog - https://globalnews.ca/news/5249195/2019-spring-auditor-general-irregular-migrants/ or http://www.oag-bvg.gc.ca/internet/English/parl_oag_201905_02_e_43339.html
Liberals have left a mess with immigration including lack of resources and funding.
Trudeau’s tweet welcoming everyone to Canada set off the illegal border crossings - https://business.financialpost.com/diane-francis/trudeaus-holier-than-thou-tweet-causes-migrant-crisis-now-he-needs-to-fix-what-he-started
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?
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.
Real GDP rose 3.0% in 2017, following 1.4% growth in 2016. Much of this growth was attributable to the first two quarters of 2017, with deceleration observed toward the end of the year.
Final domestic demand advanced 3.0% with steady growth throughout the year.
Household final consumption expenditure rose 3.5%, with increased outlays on goods (+3.9%) and services (+3.2%). Increased expenditures on insurance and financial services (+5.0%) and purchases of vehicles (+6.3%) were strong contributors to growth.
Business gross fixed capital formation rose 2.6%, following a 4.5% decline in 2016. Investment in machinery and equipment (+6.0%) and residential structures (+3.1%) both increased sharply. Investment in non-residential structures rose 0.3%, following two annual declines.
Also contributing to growth was business investment in inventories, up by $13.9 billion, of which $13.6 billion was in non-farm inventories. Manufacturers, wholesalers, and retailers all added to their stocks in each quarter.
Exports grew 1.0% for the second consecutive year, with gains in both goods (+0.6%) and services (+2.8%). Imports increased 3.6% after falling 1.0% in 2016.
Compensation of employees rose 3.9% (nominal terms), contributing to a 4.8% gain in household disposable income.
This was slightly faster than the growth in household final consumption expenditure (+4.6%), and the household saving rate consequently edged up to 3.6%.
The gross operating surplus of corporations increased 9.5% as earnings of both non-financial and financial corporations rose sharply.
Expressed at an annualized rate, real GDP rose 1.7% in the fourth quarter. In comparison, real GDP in the United States grew 2.5%.
Real truth - Canada and United States - GDP - January 2018paul young cpa, cga
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.
Canada no longer has the fastest growing economy in the G-7 - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
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.
Canada like many countries needs immigrants as part of supporting an economy
Canada needs better alignment of immigration with skills gaps - https://www.slideshare.net/paulyoungcga/2019-election-human-capital-and-skills-management-june-2019
Integrating new immigrants into Canada is very costly.
Trudeau’s inability to stop the illegal border crossing has put a strain on the immigration system - https://irb-cisr.gc.ca/en/statistics/Pages/Irregular-border-crosser-statistics.aspx
2015 Election promise - https://www.liberal.ca/liberals-unveil-new-plan-for-immigration-focused-on-family-reunification-middle-class-growth/. Liberals never fixed the immigration system. One could argue the immigration system has a large backlog - https://globalnews.ca/news/5249195/2019-spring-auditor-general-irregular-migrants/ or http://www.oag-bvg.gc.ca/internet/English/parl_oag_201905_02_e_43339.html
Liberals have left a mess with immigration including lack of resources and funding.
Trudeau’s tweet welcoming everyone to Canada set off the illegal border crossings - https://business.financialpost.com/diane-francis/trudeaus-holier-than-thou-tweet-causes-migrant-crisis-now-he-needs-to-fix-what-he-started
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?
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.
Real GDP rose 3.0% in 2017, following 1.4% growth in 2016. Much of this growth was attributable to the first two quarters of 2017, with deceleration observed toward the end of the year.
Final domestic demand advanced 3.0% with steady growth throughout the year.
Household final consumption expenditure rose 3.5%, with increased outlays on goods (+3.9%) and services (+3.2%). Increased expenditures on insurance and financial services (+5.0%) and purchases of vehicles (+6.3%) were strong contributors to growth.
Business gross fixed capital formation rose 2.6%, following a 4.5% decline in 2016. Investment in machinery and equipment (+6.0%) and residential structures (+3.1%) both increased sharply. Investment in non-residential structures rose 0.3%, following two annual declines.
Also contributing to growth was business investment in inventories, up by $13.9 billion, of which $13.6 billion was in non-farm inventories. Manufacturers, wholesalers, and retailers all added to their stocks in each quarter.
Exports grew 1.0% for the second consecutive year, with gains in both goods (+0.6%) and services (+2.8%). Imports increased 3.6% after falling 1.0% in 2016.
Compensation of employees rose 3.9% (nominal terms), contributing to a 4.8% gain in household disposable income.
This was slightly faster than the growth in household final consumption expenditure (+4.6%), and the household saving rate consequently edged up to 3.6%.
The gross operating surplus of corporations increased 9.5% as earnings of both non-financial and financial corporations rose sharply.
Expressed at an annualized rate, real GDP rose 1.7% in the fourth quarter. In comparison, real GDP in the United States grew 2.5%.
Real truth - Canada and United States - GDP - January 2018paul young cpa, cga
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.
Canada no longer has the fastest growing economy in the G-7 - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
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.
Federal Government Scorecard: Justin Trudeau - September 2018paul young cpa, cga
All governments should be measure by their ability to manage social programs, economy and foreign affairs.
This presentation provide information to provide people with the ability to assess the merits of Justin Trudeau and his government
Canada is a desirable country for people looking for a better life. The problem is liberals ideology is leading to crisis with Canada's ability to handle influx of both regular and irregular entry into Canada
This presentation looks at different areas of taxation. More work needs to be done in areas like reforming the tax act, tax treaties, shutting down tax havens, going after the underground economy, and other tax reforms
Immigration has always been used as part of balancing out the employment requirements of an economy. The problem is too many governments around the world are not aligning immigration in a way that supports economic growth.
Previous Canadian governments have all struggle with immigration including integration. The liberals under Justin Trudeau have eroding immigration due to their failed ideology.
The federal government will never discuss the issues facing the immigration system across Canada, why? The federal government is pushing their globalist agenda at all cost!
2019 Election| Retirement| Seniors and CPP| Canada | July 2019paul young cpa, cga
Canadian Seniors
Liberals love to mislead people on what Harper and the CPC did for seniors:
1. Carbon tax hurts so people on fixed income – Carbon tax is regressive tax - https://news.ontario.ca/ene/en/2019/04/ontario-stands-up-for-seniors-by-opposing-the-costly-federal-carbon-tax-1.html
2. OAS needs to be affordable - https://www.theglobeandmail.com/investing/personal-finance/article-how-raising-the-age-for-cpp-and-oas-to-67-would-benefit-the-whole/
3. Seniors and Poverty - https://cpj.ca/poverty-trends-2018/
4. Harper introduced Pension Splitting https://www.moneysense.ca/news/trudeau-harper-clash-over-pensions-and-income-splitting/
5. Harper spent on Elderly benefits - https://globalnews.ca/news/2222185/reality-check-trudeaus-claim-harper-slashes-funding-to-balance-budget-falls-flat/
Who is better at managing CPP?
• @justintrudeau decided to hike CPP rates as part of his feel-good policies. CPP is a tax!
• @Andrewscheer policies will be like Harper that is hold CPP premium growth to inflation
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
Violent crime is up in Canada for the past few years. Police forces across Canada are struggling with how to deal with increase crime.
Too many public officials are not addressing the systemic with crime including lenient sentencing, the bail granting process, not providing police with the tools to do their jobs, etc.
Many people are confused how money flows from your wallet to social programs. Each level of government has different taxation programs that hit your wallet different ways
It is important to understand there is only one taxpayers and that is you
You cannot tax people to prosperity
Canada does a very good job of wealth distribution
Too many governments do not look at value for money when it comes to delivering program spending.
All politicians will promise the world, but in fact can deliver very little due fiscal restraints
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.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
Federal Government Scorecard: Justin Trudeau - September 2018paul young cpa, cga
All governments should be measure by their ability to manage social programs, economy and foreign affairs.
This presentation provide information to provide people with the ability to assess the merits of Justin Trudeau and his government
Canada is a desirable country for people looking for a better life. The problem is liberals ideology is leading to crisis with Canada's ability to handle influx of both regular and irregular entry into Canada
This presentation looks at different areas of taxation. More work needs to be done in areas like reforming the tax act, tax treaties, shutting down tax havens, going after the underground economy, and other tax reforms
Immigration has always been used as part of balancing out the employment requirements of an economy. The problem is too many governments around the world are not aligning immigration in a way that supports economic growth.
Previous Canadian governments have all struggle with immigration including integration. The liberals under Justin Trudeau have eroding immigration due to their failed ideology.
The federal government will never discuss the issues facing the immigration system across Canada, why? The federal government is pushing their globalist agenda at all cost!
2019 Election| Retirement| Seniors and CPP| Canada | July 2019paul young cpa, cga
Canadian Seniors
Liberals love to mislead people on what Harper and the CPC did for seniors:
1. Carbon tax hurts so people on fixed income – Carbon tax is regressive tax - https://news.ontario.ca/ene/en/2019/04/ontario-stands-up-for-seniors-by-opposing-the-costly-federal-carbon-tax-1.html
2. OAS needs to be affordable - https://www.theglobeandmail.com/investing/personal-finance/article-how-raising-the-age-for-cpp-and-oas-to-67-would-benefit-the-whole/
3. Seniors and Poverty - https://cpj.ca/poverty-trends-2018/
4. Harper introduced Pension Splitting https://www.moneysense.ca/news/trudeau-harper-clash-over-pensions-and-income-splitting/
5. Harper spent on Elderly benefits - https://globalnews.ca/news/2222185/reality-check-trudeaus-claim-harper-slashes-funding-to-balance-budget-falls-flat/
Who is better at managing CPP?
• @justintrudeau decided to hike CPP rates as part of his feel-good policies. CPP is a tax!
• @Andrewscheer policies will be like Harper that is hold CPP premium growth to inflation
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
Violent crime is up in Canada for the past few years. Police forces across Canada are struggling with how to deal with increase crime.
Too many public officials are not addressing the systemic with crime including lenient sentencing, the bail granting process, not providing police with the tools to do their jobs, etc.
Many people are confused how money flows from your wallet to social programs. Each level of government has different taxation programs that hit your wallet different ways
It is important to understand there is only one taxpayers and that is you
You cannot tax people to prosperity
Canada does a very good job of wealth distribution
Too many governments do not look at value for money when it comes to delivering program spending.
All politicians will promise the world, but in fact can deliver very little due fiscal restraints
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.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
Skills Gap - Canada - Commentary and Analysis - September 2018paul young cpa, cga
The role of government is defined the educational programs required to support the economy. Too many govts across
Canada have pushed programs that do not provide meaningful employment
The world continues to change as such governments need to address all their policies that support economic growth
Immigration should not be based on quota, but align where there voids in employment not filled by educational programs
Canada needs to become more competitive through reducing its reforming areas like taxation, regulations, trade/fipa deals and hydro rates.
All levels of government and the private sector need to fixed the education systems to ensure people have skills for today and tomorrow
The role of government is defined the educational programs required to support the economy. Too many govts across Canada have pushed programs that do not provide meaningful employment
The world continues to change as such governments need to address all their policies that support economic growth
Immigration should not be based on quota, but align where there voids in employment not filled by educational programs
Canada needs to become more competitive through reducing its reforming areas like taxation, regulations, trade/fipa deals and hydro rates.
All levels of government and the private sector need to fixed the education systems to ensure people have skills for today and tomorrow
2019 Election| Retirement| Payroll Tax| CPP | Canada| August 2019paul young cpa, cga
Here is a review of CPP including the fact CPP is payroll tax. The only difference between CPP and Income tax is that CPP goes to specific fund that the government cannot touch directly.
Government Policy - Education and Skills Development - Canada - April 2018paul young cpa, cga
Education across Canada have seen improvement in graduation rates.
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
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.
Education| Skills and Development| Human Capital Management| Canada| May 2019paul young cpa, cga
The role of government is defined the educational programs required to support the economy. Too many govts across Canada have pushed programs that do not provide meaningful employment
The world continues to change as such governments need to address all their policies that support economic growth
Immigration should not be based on quota, but align where there voids in employment not filled by educational programs
Canada needs to become more competitive through reducing its reforming areas like taxation, regulations, trade/fipa deals and hydro rates.
All levels of government and the private sector need to fixed the education systems to ensure people have skills for today and tomorrow
Education across Canada have seen improvement in graduation rates.
Education is not being aligned in terms of the jobs today as well as the future
Too many students lack critical thinking, interpersonal skills, time management and judgement
Too many students have been treated as special when in the fact the real world does not treat anyone special
There are systemic issues with programs being offered at the secondary level. There needs to be more emphasis on financial planning, biology, IT, chemistry, writing and physics.
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.
Economies go through changes over fiscal and business cycle. The role of government is to create policies that support economic growth along with fiscal management cycle that delivers program with consideration of both tax fairness and value for moneys
Canada - Fiscal Management - Deficit and Debt - May 2022.pptxpaul young cpa, cga
Summary
Canada projected a 12B deficit for FY 2023. The current surplus of $5B is primarily to do with higher revenue and lower expenses being paid out. The economy is about hit major headway as such taxes should start to drop over the next 5-6 months. Government expenses will likely grow over the next few months.
2019 Election| Human Capital and Skills Management| May 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.
Similar to Policy Review| Immigration and Border Control (20)
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
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
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.
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.
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.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
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
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
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
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.
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
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
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
2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Emerging Technology
• SME – Supply Chain Management
• Academia – Advance Accounting, Public Finance
and Advanced Management Systems
Contact information:
Paul_Young_CGA@Hotmail.com
3. INTRODUCTION
Canada like many countries needs immigrants as part of supporting an
economy
Canada needs better alignment of immigration with skills gaps -
https://www.slideshare.net/paulyoungcga/2019-election-human-capital-and-
skills-management-june-2019
Integrating new immigrants into Canada is very costly.
Trudeau’s inability to stop the illegal border crossing has put a strain on the
immigration system - https://irb-cisr.gc.ca/en/statistics/Pages/Irregular-
border-crosser-statistics.aspx
2015 Election promise - https://www.liberal.ca/liberals-unveil-new-plan-for-
immigration-focused-on-family-reunification-middle-class-growth/. Liberals
never fixed the immigration system. One could argue the immigration system
has a large backlog - https://globalnews.ca/news/5249195/2019-spring-
auditor-general-irregular-migrants/ or http://www.oag-
bvg.gc.ca/internet/English/parl_oag_201905_02_e_43339.html
Liberals have left a mess with immigration including lack of resources and
funding.
Trudeau’s tweet welcoming everyone to Canada set off the illegal border
crossings - https://business.financialpost.com/diane-francis/trudeaus-holier-
than-thou-tweet-causes-migrant-crisis-now-he-needs-to-fix-what-he-started
4. AGENDA
New Immigration Policy
Refugees Cost
Immigration Process – Canada
Refugee Process – Canada
Immigration trends
Permanent Residency / Countries
Syrian Refugees
Justin Trudeau / Irregular border crossing
Immigration Costs / Government
Barriers impacting Immigrants
Immigration Policies Changes – Factors
Cdns (immigration stance)
Auditor-General Report / Immigration
Polling and Immigration
Max Bernier / Immigration
Ontario Immigration
RCMP and Border Security
Immigration / CBSA
Closing the Border
Audits
Training
8. JOB RECOVERY / POST COVID19
• There could be structural unemployment for many years as
part of the post COVID19 recovery -
https://www.slideshare.net/paulyoungcga/labor-market-
canada-june-2020
• There needs to be well thought out strategy as part of GDP
growth https://www.cicnews.com/2020/07/mendicino-
immigration-key-to-canadas-21st-century-success-
0714915.html - New immigrants needs to be bucketed into
economic immigrants as part of supporting GDP growth -
https://www.slideshare.net/paulyoungcga/canada-gdp-and-
economy-truth-and-what-needs-to-change
• There should be a pause of immigration to ensure the
economy can support the new immigrants – USA has put
restrictions on immigration -
https://www.immigration.ca/canada-immigration-and-
coronavirus-what-will-happen-in-the-rest-of-2020
• There is about 500K jobs that are not coming back -
https://www.slideshare.net/paulyoungcga/was-finance-
minister-bill-morneau-a-success-or-failure
• Government is re-setting their post-covid19 with focus on
failed green agenda (Ontario) -
https://www.slideshare.net/paulyoungcga/green-economy-
clean-technology-whats-next or
https://www.slideshare.net/paulyoungcga/gdp-canada-real-
truth-august-2020
9. JOB VACANCIES
Source – Stats Canada
• Liberals are making Canada less competitive in terms of FDI - https://www.slideshare.net/paulyoungcga/2019-election-canada-and-
global-competitiveness-may-2019
• More alignment of education with skills gaps - https://www.slideshare.net/paulyoungcga/2019-election-careers-skills-training-
education-canada-may-2019
• There are fiscal management pressures at all levels of government - https://www.slideshare.net/paulyoungcga/2019-election-
municipal-and-local-government-ontario-and-canada-may-2019 or https://www.fraserinstitute.org/studies/canadas-past-fiscal-
leaders-are-now-fiscal-laggards-an-analysis-of-2017-provincial-budgets
• Brain drain is becoming a big issue due to the Liberals tax policies, i.e. small business tax reforms, carbon taxation, hike taxation,
eliminate of tax credits, CPP hikes, etc. https://www.slideshare.net/paulyoungcga/2019-election-technology-sector-canada-may-2019
(see slide 16)
• Skills Trade and Sales positions lead the growth a they account for nearly 50% of the jobs
10. REFUGEE'S COST
Canada is forecasted to receiving 40,000 refugees through the illegal border crossing into Canada. The cost
of to house, feed, cloth, medical, etc. will be between $600M to $1B.
https://openparliament.ca/debates/2017/9/26/michelle-rempel-2/. The response from the government has
been at best lukewarm. Here is what the immigration minister said “The member opposite must know that
asylum claims fluctuate on a yearly basis and sometimes even monthly. The fact of the matter is that our
agencies were nimble enough. We were able to put full capacity within IRCC to process claims.
Yet the government thinks closing the borders is not priority, but taxing small business is in terms of policies
is top priority, right? https://ipolitics.ca/2017/09/28/morneaus-tax-plan-should-have-been-political-gold-
what-happened/
11. IMMIGRATION ANNUAL COST
Source - https://nationalpost.com/news/canada/immigrants-cost-23b-a-year-fraser-institute-report or
13. IRREGULAR BORDER CROSSING
COSTS
Source - https://www.ctvnews.ca/canada/irregular-migrants-on-track-to-cost-canada-almost-400-million-watchdog-says-
1.4197552
• The true cost is likely near $1B when you add in provincial welfare payments. PBO analysis is
based on federal expenses
• The irregular border entry started from Trudeau’s tweet “Canada welcomes everyone”
14. ILLEGAL BORDER CROSSING – 2020
There are 3,143+ refugees claims for 2020 - https://www.canada.ca/en/immigration-refugees-
citizenship/services/refugees/asylum-claims/asylum-claims-2020.html
Courts have struck down the safe country agreement - https://www.cbc.ca/news/politics/safe-third-
country-agreement-court-1.5658785 “A Federal Court justice says the Safe Third Country Agreement —
Canada's asylum agreement with the United States — infringes upon the Canadian Charter of Rights
and Freedoms and is giving the federal government six months to respond. Justice Ann Marie McDonald
said the agreement — which stops people from entering either Canada or the U.S. at official Canada-
U.S. border crossings and asking for asylum — violates the section of the Charter guaranteeing "the right
to life, liberty and security of the person“
Ottawa needs to challenged the law based on evidence how refugees are returned back to USA -
https://www.macdonaldlaurier.ca/ottawa-appeal-federal-courts-invalidation-safe-third-country-agreement-
michael-barutciski-inside-policy/
Liberals are appealing the ruling - https://www.cbc.ca/news/politics/safe-third-country-agreement-liberals-
appeal-1.5695386
15. JUSTIN TRUDEAU AND IRREGULAR BORDER CRISIS
Source - https://irb-cisr.gc.ca/en/statistics/Pages/Irregular-border-crosser-statistics.aspx
16. EMPLOYMENT
ISSUE
Why? We have youth unemployment as well as the economy is sluggish in terms of
growth. Job creation is only 200K for 2016, but the bulk of new jobs are part-time.
http://www.slideshare.net/paulyoungcga/government-policies-broadcasting-canada-
commentary-and-analysis-november-2016?next_slideshow=1
There are already issue with job settlement programs in terms of both funding and
openings. So, why would we bring in more new immigrants?
FYI - https://www.thestar.com/opinion/editorials/2016/12/09/canada-must-learn-from-
mistakes-to-integrate-syrian-refugees-editorial.html or
http://www.macleans.ca/news/canada/a-milestone-looms-for-canadas-syrian-refugees-
month-13/
FYI
I guess Trudeau's legacy will be "high tax, lower quality of life, high youth unemployment,
low business investment and big government"
Yazidis
http://www.calgarysun.com/2017/02/21/trudeau-spending-28m-to-give-1200-refugees-
asylum-this-year?utm_source=facebook&utm_medium=recommend-
button&utm_campaign=Trudeau+spending+%2428M+to+give+1%2C200+refugees+asyl
um+this+year
Truth about the border rush
https://www.washingtonpost.com/news/global-opinions/wp/2017/02/24/what-the-
canadian-media-ignores-about-canadas-new-refugee-crisis/?utm_term=.4314b4bad80f
17. USA VS CANADA IMMIGRATION
Are the new immigrants going to have the skills to create the
new googles? Link: Videos -
http://video.lauraingraham.com/Ingraham-slams-Labrador-
on-immigration-So-youre-where-Cantor-is--
26275295?playlistId=15975
19. CANADA IMMIGRATION PROCESS
The Canadian federal and provincial governments
constantly updating their programs to ensure that
Canadian immigration is successful, both for
newcomers and for Canada. There are currently
than 60 programs available for immigration to
Canada. For that reason, everyone's path to
immigration will be unique.
For example, there are many different categories
professionals and workers under which you might
qualify for your Canada Immigration permanent
resident visa, including the Federal and Quebec
Skilled Worker programs, the Provincial Nominee
Programs, the Canadian Experience Class, the
Quebec Experience Class, and the Federal Self-
Employed program. Canada also offers a number
Family Class Sponsorship programs, whereby
Canadian citizens and permanent residents may
sponsor family members and loved ones for
Canadian immigration.
Source - http://www.canadavisa.com/canadian-immigration-
visas.html or http://www.cic.gc.ca/englIsh/immigrate/index.asp
20. REFUGEE PROCESS / CANADA
Some people are not eligible to claim refugee
protection in Canada.
Officers receiving your refugee claim will decide
whether it is eligible for referral to the
Immigration and Refugee Board of Canada
(IRB), an independent administrative tribunal
that makes decisions on immigration and
refugee matters. The IRB decides who is a
Convention refugee or a person in need of
protection.
•Your refugee claim may not be eligible for referral to the
IRB if:
•You have been recognized as a Convention refugee by
another country to which you can return;
•You have already been granted protected person status
in Canada;
•You arrived via the Canada-United States border;
•You are not admissible to Canada on security grounds, or
because of criminal activity or human rights violations;
•You made a previous refugee claim that was found to be
ineligible for referral to the IRB;
•You made a previous refugee claim that was rejected by
Source:
http://www.cic.gc.ca/english/refugees/inside/ap
ply-who.asp
21. IMMIGRATION TRENDS – CANADA
Source: http://www.statcan.gc.ca/pub/11-630-x/11-630-x2016006-eng.htm
The annual number of landed immigrants in Canada has fluctuated
considerably over the last 150 years. Some of these fluctuations can be
linked to immigration policy changes, others to Canada's economic situation
or world events connected with the movement of migrants and refugees.
For example, in the late 1800s, the number of immigrants admitted annually
to Canada varied between 6,300 and 133,000. Record numbers of
immigrants were admitted in the early 1900s when Canada was promoting
the settlement of Western Canada. The highest number ever recorded was
in 1913, when more than 400,000 immigrants arrived in the country.
However, the number of people entering the country dropped dramatically
during World War I, to fewer than 34,000 landed immigrants in 1915. The
lowest numbers of landed immigrants were recorded during the
Great Depression in the 1930s and during World War II. The return of peace
fostered economic recovery and an immigration boom in Canada.
Other record levels of immigration have been registered during political and
humanitarian crises, including in 1956 and 1957, when 37,500 Hungarian
refugees arrived in the country, and in the 1970s and 1980s, when a large
number of Ugandan, Chilean, Vietnamese, Cambodian and Laotian refugees
came to Canada.
Since the early 1990s, the number of landed immigrants has remained
relatively high, with an average of approximately 235,000 new immigrants
per year.
24. BARRIERS FACING NEW IMMIGRATIONS
Language skills Credentials not recognized Too many head to big cities like
Toronto, Vancouver and Montreal
Job Experience – (Canadian
Experience)
25. SYRIA / REFUGEE
More than 30,000 Syrians have arrived since November
(excluding Quebec, which has its own settlement
program), and almost half of those are being privately
sponsored to some extent.
While government-assisted refugees are usually settled
in cities and large towns, families who are privately
sponsored can end up anywhere. In more than 300
communities across the country, locals have banded
together to provide housing, English classes, driving
lessons, a crash course in Canadian customs (pot luck
dinners, poutine) and, most important of all, friendship.
Source:
https://www.theguardian.com/commentisfree/2016/sep
/27/canadians-are-embracing-syrian-refugees-why-
cant-we
26. COST TO
RESETTLED
IMMIGRATIONS
There is allot of things being said about the refugees. Yet the Liberals
have not been clear with either with the true costs or ethnic makeup of
the refugees, why?
Cost outlook for immigration citizen ship – Harper last budget showed
1.5B as compare to $1.7B for 2016-2017. This means $200M increase to
the budget
Source:
http://www.cic.gc.ca/english/resources/publications/rpp/2016-
2017/#a1.3
Source: http://www.cic.gc.ca/english/pdf/pub/rpp-2015-2016.pdf
Canada has re-settled over 27,000 – Syrians – no breakout by ethnic
group
Cost to taxpayers $1B
Source: http://www.huffingtonpost.ca/2016/03/22/syrian-refugees-
federal-budget-2016_n_9525346.html
http://globalnews.ca/news/2594151/federal-budget-2016-syrian-
refugees-could-cost-taxpayers-nearly-1-billion/
Refugee costs – There are claims the monthly amount per refugee is
approximately $2,500/month
http://www.ctvnews.ca/politics/fact-check-do-refugees-get-more-
financial-help-than-canadian-pensioners-1.2670735
28. IMMIGRATION
Who said he would welcome everyone? http://globalnews.ca/news/3212041/justin-trudeau-refugees-donald-trump-
travel-ban/ “To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith.
Diversity is our strength #WelcomeToCanada. The ironic thing is that Trudeau did not bring in the Christians or
Yazidis “http://natoassociation.ca/is-canada-doing-enough-to-help-yazidi-refugees/. The only reason 1,200 Yazidis
came to Canada was due to CPC!
Here is what people think on immigration - http://torontosun.com/news/national/canadians-sour-on-immigration-
according-to-government-survey
Liberals seem to managed many of their policies based on public opinion -
https://ipolitics.ca/2018/10/28/government-closely-watching-public-opinion-on-asylum-seekers-docs-show/
There is also a cost to refugees - https://www.slideshare.net/paulyoungcga/refugee-crisis-canada-june-2017
I am also very surprised that many people do not read beyond the headlines, especially in terms of what ISIS is doing
as part their next action. http://www.nationalreview.com/article/450288/angela-merkel-refugee-policy-threatens-
german-security “It is not news that ISIS has used the Syrian refugee crisis to infiltrate Europe. In January 2015, ISIS
told Buzzfeed that it was doing precisely that. And in November 2015, Iraqis posing as Syrian refugees helped
slaughter 130 people on the streets of Paris.
Liberals / Refugees - http://www.macleans.ca/opinion/canadas-immigration-system-is-no-kinder-than-americas/
Here are the stats - http://www.cic.gc.ca/english/refugees/asylum-claimants-historical.asp
Immigration/Costs - https://www.slideshare.net/paulyoungcga/government-policy-immigration-canada-november-
2017
Immigration
29. ONTARIO AND
QUEBEC – RE-
SETTLING COSTS
Ontario and Resettling - https://torontosun.com/news/local-news/levy-
feds-never-really-had-a-plan-for-irregular-migrants “According to
McLeod, the $200 million includes $74 million spent by Toronto for
temporary housing, $3 million for the Red Cross, $12-million for the city
of Ottawa, $90 million shelled out in Ontario Works assistance and $20
million for elementary and secondary school spaces.”
Liberals found money for PQ, but not Ontario -
https://globalnews.ca/news/5832251/quebec-ottawa-funding-asylum-
seekers/ “The Canadian government has announced it will provide $250
million to Quebec for costs related to help with resettle and provide
support to refugees and asylum seekers. The federal funding, which was
announced on Thursday, comes months after Quebec Premier François
Legault said Ottawa owed $300 million in compensation to cover the
costs of asylum seekers arriving in Quebec.”
Ontario and re-settling - https://globalnews.ca/news/5747601/ontario-
federal-government-funding-asylum-seekers/ “Ontario is continuing to
call on the federal government to foot the bill for asylum seekers who
are living in the province as their refugee claims make their way through
a backlogged system.”
Liberals play game with legal aid -
https://www.cbc.ca/news/politics/legal-aid-trudeau-ford-cuts-1.5243844
“Prime Minister Justin Trudeau has committed to a one-time legal aid
top-up of nearly $26 million for refugee and immigration cases to
compensate for cuts delivered by Ontario Premier Doug Ford in this
year's budget.” Trudeau continues to pander for votes without ever
discussing role of the federal government in the immigration process
and/or how Ontario has fiscal hole left by previous Liberal government -
https://www.slideshare.net/paulyoungcga/scorecard-ford-and-ontario-
may-2019
30. UN MANDATE /
REFUGEES
“Austria is set to follow the United States and Hungary by backing out of a
United Nations migration pact. The right-wing Austrian government, which
took office last December, has said it will not sign the Global Compact for
Safe, Orderly and Regular Migration which looks to make migration safer.
Austrian Chancellor Sebastian Kurz stood on an anti-immigration platform
and since taking office in December has implemented a number of policies
that include restricting benefits for new immigrants. Austria will not join the
UN migration pact," Mr Kurz said in a statement.” Source -
https://www.independent.co.uk/news/world/europe/austria-un-migration-
global-pact-agreement-us-hungary-sebastian-kurz-freedom-party-
a8610161.html
Australia and Immigration - https://www.smh.com.au/politics/federal/un-
refugee-agency-calls-for-mass-evacuation-of-asylum-seekers-20181013-
p509fl.html
“Italy is joining a handful of countries and is bowing out of a conference next
month to formally adopt a U.N.-backed pledge promoting safe migration.”
https://www.politico.eu/article/migration-un-viktor-orban-sebastian-kurz-
far-right-pressure-europe-retreats-from-pact/ or
https://www.foxnews.com/world/the-latest-italy-bows-out-of-meeting-on-
un-migration-pact
Brazil - https://www.reuters.com/article/us-brazil-migration/brazil-quits-un-
migration-pact-will-still-take-in-venezuelan-refugees-source-
idUSKCN1P22G0
EU Countries rejecting the pact - https://www.liberties.eu/en/short-
news/22235/22235
32. UN MIGRATION PACT
Source - https://globalnews.ca/news/4864886/justin-trudeau-town-
hall-meeting-
quebec/?utm_source=GlobalNews&utm_medium=Facebook&fbclid=Iw
AR0UkQVDibwtNcUDvlmHRxLrV4cClcWOlNZYGTBpSsFxvgTc3g0X20cq
Sn0
• Trudeau loves the UN and will say and do anything
they ask of him
• https://torontosun.com/opinion/columnists/mal
colm-the-un-migration-compact-spells-radical-
change-for-canada or
https://globalnews.ca/news/4480515/justin-
trudeau-canada-united-national-security-
council/
• Legality
• https://nationalpost.com/news/politics/end-of-
sovereignty-or-meaningless-agreement-
breaking-down-the-uns-global-pact-on-
migration
• Why are countries refusing to sign the pact?
• https://www.msn.com/en-xl/latinamerica/top-
stories/brazil-quits-un-migration-pact-will-still-
take-in-venezuelan-refugees-source/ar-BBRZDaj
36. MAX BERNIER / IMMIGRATION
“A People's Party of Canada government would lower the number of immigrants Canada accepts to
between 100,000 and 150,000 per year — a level not seen since 1986 — party leader Maxime Bernier
pledged in a policy speech Wednesday evening. That's a number significantly lower than the 250,000 cap
Bernier pitched while running for the leadership of the Conservative Party of Canada two years ago. In a
speech in Mississauga, Ont. Wednesday night, the MP for Beauce took aim at what he called a policy of
"extreme multiculturalism" and accused the Liberals of "putting Canada on a road to destruction"
through Prime Minister Justin Trudeau's "globalist vision.“ Support for immigration will continue to
diminish and social tensions are likely to rise," Bernier told the crowd in a speech delivered entirely in
English. "We need to slow down." Bernier, who struggled at times with his delivery, said his party would
prioritize economic immigrants, accept fewer refugees, "considerably limit" those accepted under the
family reunification program and scrap the option to sponsor parents and grandparents.”
Source - https://www.cbc.ca/news/politics/maxime-bernier-immigration-speech-mississauga-1.5224114
• How is this policy different than CPC under Harper or Scheer - https://www.conservative.ca/cpc/andrew-
scheers-immigration-plan/ or https://ipolitics.ca/2019/05/28/scheer-promotes-economic-immigration-
private-sponsorship-in-speech/ “Conservative Leader Andrew Scheer laid out the broad strokes of his party’s
election platform for immigration in a speech in Toronto today, focusing on economic immigration and
closing the loophole in the Safe Third Country Agreement.”
37. IMMIGRATION AND CBSA (BORDER SECURITY)
@justintrudeau - https://globalnews.ca/news/5746288/cbsa-officers-more-resources-failed-asylum-
claimants-union/amp/?__twitter_impression=true&fbclid=IwAR1qw9dnR-
G8z377HXgwsxl6nsRtNAUwCSrXmnogGfm1-9DrvGVKozyva_k
Why did you cut the 2019-2020 budget? https://www.cbsa-asfc.gc.ca/agency-agence/reports-rapports/fs-
ef/2018/fofs-efp-eng.html
38. BLOG #1 - IMMIGRATION
@justintrudeau made a tweet welcoming everyone to CAN. Trudeau refuses to secure the border
https://torontosun.com/opinion/columnists/lilley-trudeau-is-shortchanging-ontario-on-immigration-
payments
@andrewscheer has talked numerous times that his govt would solve the border issue (Googled it)
Who would you trust more on immigration? https://www.slideshare.net/paulyoungcga/2019-election-
immigration-and-refugees-canada-july-2019
39. ONTARIO AND IMMIGRATION
“Ontario’s small communities could benefit from the influx of immigrants that are disproportionately
settling in the Greater Toronto Area, a new report said Thursday as it urged all levels of government to
address the imbalance.”
1. The federal government new approach to immigration has not been clear on economic immigrants
(People willing to bring capital
2. Canada and Ontario need to get more competitive in order to create the climate that will encourage
business investment - https://www.slideshare.net/paulyoungcga/2019-election-canada-competitivenes-
september-2019
3. There needs to be effective rural strategy that involves all levels of government -
https://www.slideshare.net/paulyoungcga/2019-election-rural-areas-and-affairs-canada
Source - https://www.canadianmanufacturing.com/human-resources/ontario-needs-a-regional-
immigration-strategy-new-report-suggests-238125/
40. RCMP AND BORDER SECURITY
• CBSA needs more funding to handle irregular
border crossings -
https://globalnews.ca/news/5746288/cbsa-officers-
more-resources-failed-asylum-claimants-union/
• Bernier proposes building a permanent fence -
https://www.msn.com/en-
ca/news/elections/bernier-proposes-building-
fences-to-block-irregular-border-crossers/ar-
AAEQFDa
• Liberals continue to avoid working with the USA on
suspending the safe country agreement as part of
setting illegal border crossers back to the USA.
41. ILLEGAL BORDER CROSSINGS / TRUDEAU
• It took pandemic for Trudeau to close the
border to illegals
• Trudeau still has done little address the
provincial and municipal government
resource strain as part of handling the influx
of illegals
42. AUDITS / IMMIGRATION
Audit / CBSA – https://nationalpost.com/news/politics/the-feds-have-no-idea-where-are-34000-
foreigners-ordered-to-be-expelled-auditor-general or https://www.oag-
bvg.gc.ca/internet/English/parl_oag_202007_01_e_43572.html
Audit / Border - http://www.oag-bvg.gc.ca/internet/English/parl_oag_201611_01_e_41830.html
Provincial costs of illegal/refugees - https://www.cbc.ca/news/canada/toronto/ontario-overestimated-
costs-of-services-to-irregular-border-crossers-auditor-1.5642026
Immigration system lacks capacity to handle processing - https://www.oag-
bvg.gc.ca/internet/English/att__e_43358.html
Various audits - https://www.canada.ca/en/immigration-refugees-citizenship/corporate/reports-
statistics/audits.html
43. TRAINING AND DEVELOPMENT
If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel free
to review my material on
https://www.udemy.com/
(search Paul Young CPA
CGA)
These subjects address how
to fixed issues with housing
and/or systemic issues
related to economy
including government
policies
44. RECOMMENDATION
Immigration should
never be based on a
quota. Immigration
needs to be align with
economic growth
including both job
opportunities and FDI -
https://thehill.com/blog
s/congress-
blog/foreign-
policy/262021-why-the-
immigration-quota-
system-needs-to-go
Liberals need to stop
pushing open door
policies, especially with
border crossings. The
government needs to
work with the USA on
suspending the safe
country agreement -
https://globalnews.ca/n
ews/4580324/canada-
deems-u-s-safe-
country-trump-
crackdown/
Liberals need stop the
influx of illegal border
crossings -
http://www.unhcr.org/a
sylum-and-
migration.html -
Canada has rights
under the UN mandates
to send illegal border
crossers back.
The immigration system
is maxed out as such
needs both money and
resources to clear the
back log -
https://www.theglobean
dmail.com/canada/articl
e-ontario-withdraws-
support-for-
resettlement-of-
asylum-seekers-who/
The govt of Canada has
lost track of Syrian
Refugees -
https://www.thestar.co
m/news/canada/2017/1
1/21/feds-struggling-
to-track-impact-of-its-
effort-to-resettle-
syrian-refugees-
auditor-general-
says.html
Editor's Notes
Source - https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410032501 or https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410035601