Blog – Public Sector – Fiscal Performance – Canada Ontario Finances Next week’s Ontario budget is a critical one for the Ford government. It will have to balance another six months of COVID costs with a plan to transition government finances back to pre-pandemic normality. Any difficult spending decisions should be included in this budget, because the 2022 one will be all about winning re-election. Source - https://nationalpost.com/opinion/randall-denley-upcoming-ontario-budget-is-bound-to-agitate-both-pc-supporters-and-the-public-sector Canada has one highest debt loads for a developed country – That theory has its doubters, starting with the Bank of Canada, which has previously said it isn’t counting on the built-up savings to be unleashed quickly. Canadians may instead hang onto the money or use it to pay down their own sizable debts, the bank says. That wouldn’t be a trivial outcome, either. Frances Donald, global chief economist and head of macro strategy at Manulife Investment Management, said it’s misleading to use short-term economic data to measure the effectiveness of fiscal stimulus. https://www.bnnbloomberg.ca/trudeau-s-debt-binge-shows-limits-in-canada-s-sharp-contraction-1.1571174 @JustinTrudeau took $1B surpluses to a deficit within a few months of taking office. Trudeau's growth has been the worse of any PM since the great depression. 2016 https://www.slideshare.net/paulyoungcga/2016-november-2016-gdp-gross-domestic-product-canada Oct/19 - https://www.slideshare.net/paulyoungcga/global-growth-and-the-major-issues-facing-global-gdp Dec/20 https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-canada-december-2020-and-november-2020 Fitch downgrade - https://www.bnnbloomberg.ca/economics/video/fitch-s-downgrade-a-blow-but-better-than-negative-outlook-former-pbo~1983621 Competitiveness - https://tradingeconomics.com/canada/competitiveness-rank Provinces are asking more for healthcare - https://www.newswire.ca/news-releases/premiers-release-report-confirming-the-federal-government-s-financial-ability-to-increase-the-canada-health-transfer-805210659.html

1. PUBLIC
SECTOR –
CANADA
Paul Young CPA CGA
March 23, 2021

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Costing and Profitability Solutions
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
Contact information: paul_young_cga@hotmail.com

3. AGENDA
• Taxation by Quarter (All Levels of Government)
• Spending by Quarter (All Levels of Government)
• Government Bonds /Valuation
• Economic and Fiscal Fundamentals
• Fiscal Monitor / December 2020
• Areas of Focus
• Technology Solutions
• Blog – Crisis and Emergency Management
• What is next
PRESENTATION TITLE 2/11/20XX 3

4. TAXATION AND THE GOVERNMENT
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210318/dq210318f-cansim-eng.htm
2/11/20XX 4

5. SPENDING BY
ALL LEVELS
OF
GOVERNMEN
• Source - Source -
https://www150.statcan.gc.ca/n1/daily-
quotidien/210318/dq210318f-cansim-eng.htm
•
PRESENTATION TITLE 2/11/20XX 5

6. GOVERNMENT BONDS
Source - https://economics.bmo.com/en/publications/detail/9b6299a9-bf87-4d46-be2f-
6592b0fcb749/
PRESENTATION TITLE 2/11/20XX 6

7. ECONOMIC AND FISCAL
FUNDAMENTALS
Source - https://economics.bmo.com/en/publications/detail/9b6299a9-bf87-4d46-be2f-
6592b0fcb749/
PRESENTATION TITLE 2/11/20XX 7

8. FISCAL
MONITOR /
DECEMBER
2020
• Source -
https://www.canada.ca/en/depart
ment-
finance/services/publications/fisc
al-monitor/2020/12.html
PRESENTATION TITLE 2/11/20XX 8

9. AREAS OF FOCUS
Training - shifting to digital economy - https://www2.slideshare.net/paulyoungcga/human-capital-management-
skills-development-analysis-and-commentary
More focus on the circular economy - https://www2.slideshare.net/paulyoungcga/how-to-best-support-a-circular-
economy
Getting goods to market - https://www2.slideshare.net/paulyoungcga/getting-goods-to-market-what-needs-to-
happen-by-all-levels-of-government
More balance between the environment and the economy - https://www2.slideshare.net/paulyoungcga/global-
economy-outlook-december-2020
PRESENTATION TITLE 2/11/20XX 9

10. BLOG – CRISIS AND
EMERGENCY
MANAGEMENT
COVID19 taught many lessons to government, especially around having better crisis and emergency
management reporting as part of mitigating geopolitical risks - https://www.slideshare.net/paulyoungcga/why-there-
needs-to-be-audited-reports-of-crisis-emergency-management-policies-and-procedures
PRESENTATION TITLE 2/11/20XX 10

11. ROLE OF TECHNOLOGY
Manufacturing: Predictive analytics, primarily predictive maintenance, is a critical use case in the manufacturing sector. Discrete manufacturing in
the automotive and consumer packaged goods (CPG) sectors is a major revenue contributor in the United States and EMEA.
Energy: Edge analytics data can be utilized to make needed adjustments to optimize energy production. EMEA is the leading contributor to edge
analytics software in this sector. While India is witnessing growth in government investment in edge analytics for renewable energy (mainly solar),
green buildings are driving adoption in Singapore, Indonesia, Thailand, and Malaysia.
Logistics: Growing investment in autonomous vehicles in the transport sector impacts investment in autonomous robots on the factory floor. The use
of edge analytics to automate and track the movement of raw materials and goods on the factory floor is expected to grow over the forecast period.
Source - https://www.canadianmanufacturing.com/manufacturing/edge-analytics-market-to-hit-us1-18b-by-2025-driven-by-manufacturing-energy-
and-logistics-sectors-265179/
Here is my work with Data and AI
Small to medium-size businesses - https://www.linkedin.com/posts/paul-young-055632b_more-and-more-ibm-products-are-providing-activity-
6736303541813678080-nKEi
Close, consolidate, and reporting - https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
Linked-in blog - https://www.linkedin.com/pulse/edge-analytics-market-hit-us118b-2025-paul-young/?published=t
Here is my work on automation - https://www.slideshare.net/paulyoungcga/whats-next-for-automation-238371946
The 5 Things Customers Want from both the Private and Public Sectors https://www.linkedin.com/pulse/blog-5-things-customers-want-
from-both-private-public-paul-young/?published=t
Complexities of a COVID19 Year-End for both the Private and Public Sector - https://www.linkedin.com/pulse/complexities-covid19-year-end-both-
private-public-sector-paul-young/?published=t

12. • Better balanced between the environment and the economy - https://www2.slideshare.net/paulyoungcga/climate-
change-clean-technology-what-is-next
• Improving education and social welfare to target people that have lost their jobs due to automation -
https://www2.slideshare.net/paulyoungcga/job-quality-canada-employment-november-2020 or
https://www2.slideshare.net/paulyoungcga/job-quality-united-states-september-2020
• Urban vs Rural Strategy as part of reforming both housing and economic development -
https://www2.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next-236315321 or
https://www2.slideshare.net/paulyoungcga/real-estatehousing-market-canada-and-the-united-states-november-
2020
• The success of the vaccination programs as part of mitigating issues with COVID19 - https://www.raps.org/news-
and-articles/news-articles/2020/3/covid-19-vaccine-tracker
• All levels governments re-looking at their models (taxation and program spending)
• Reforming government - https://www2.slideshare.net/paulyoungcga/canadas-reforming-of-social-welfare-programs
• Reforming taxation - https://www2.slideshare.net/paulyoungcga/does-the-world-need-a-wealth-tax-240380745