Attracting foreign direct investment is very key to countries like Canada. Canada needs to be cost competitive with other jurisdiction in order to received FDI into Canada
This presentation looks at the strides Japan has made with its’ competitiveness and how their approach could be adopted by other countries like Canada.
Japan is key global player as such Canada needs to expand exports to Japan
2019 Election| Global Trade and Protectionism| Canada| May 2019paul young cpa, cga
Canada depends on exports as such needs fair and equitable trad deals to expand business opportunities for Canadian Businesses
Canada is going to more regulations and higher taxes as compare to countries like the USA which are focusing on reducing both taxes and regulations
Canada is pushing clean technology at all costs through funding of clusters as well as other funding programs
Canada is pushing social issues on all trade deals. Countries are balking at social issues.
Canada is less competitive today than back in 2015. Trudeau has decided to hike taxes for small business, raise CPP rates and force carbon tax/price for carbon on all provinces. Trudeau is using the same model that drove out jobs in Ontario due hikes to hydro rates. - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
In October, Canada's merchandise exports increased 2.2%, partially on higher exports of pharmaceutical products. Imports rose 1.9%, in part due to higher imports of cell phones. As a result, Canada's merchandise trade deficit with the world was virtually unchanged at $3.8 billion in October.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204b-eng.htm
2015 Election Promise - Liberal Party of Canada – Goods to Market – Canada – ...paul young cpa, cga
Canada is export driven country. Canada exports about 25% of its GDP. Canada needs access to market.
For each $1B of exports lead to 5,500 jobs. The exports driven jobs tends to pay 30-50% more than the service sector.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
2019 Election| Global Trade and Protectionism| Canada| May 2019paul young cpa, cga
Canada depends on exports as such needs fair and equitable trad deals to expand business opportunities for Canadian Businesses
Canada is going to more regulations and higher taxes as compare to countries like the USA which are focusing on reducing both taxes and regulations
Canada is pushing clean technology at all costs through funding of clusters as well as other funding programs
Canada is pushing social issues on all trade deals. Countries are balking at social issues.
Canada is less competitive today than back in 2015. Trudeau has decided to hike taxes for small business, raise CPP rates and force carbon tax/price for carbon on all provinces. Trudeau is using the same model that drove out jobs in Ontario due hikes to hydro rates. - https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
In October, Canada's merchandise exports increased 2.2%, partially on higher exports of pharmaceutical products. Imports rose 1.9%, in part due to higher imports of cell phones. As a result, Canada's merchandise trade deficit with the world was virtually unchanged at $3.8 billion in October.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204b-eng.htm
2015 Election Promise - Liberal Party of Canada – Goods to Market – Canada – ...paul young cpa, cga
Canada is export driven country. Canada exports about 25% of its GDP. Canada needs access to market.
For each $1B of exports lead to 5,500 jobs. The exports driven jobs tends to pay 30-50% more than the service sector.
Justin Trudeau felt a social license for oil which includes carbon tax would lead to the promise land when it comes to UN (i.e. agenda 2030) - https://www.slideshare.net/paulyoungcga/agenda-2030-sustainable-development
Canada is the 4th largest oil producing country with a strong environmental and humans right record. So, why is Trudeau not pushing oil to the word?
Canada could eliminate the oil sands today and it would do nothing for global emissions
There needs to be a broader discussion on natural resources management including all aspects of the environment along with human rights.
UN needs to stop pushing Agenda 2030 at all cost.
Oil and Gas jobs pay 40% on average more than service sector jobs - https://www.slideshare.net/paulyoungcga/wages-canada-analysis-and-commentary-february-2019
Government deficit and debt - Canada - November 2016 analysispaul young cpa, cga
This presentation looks at government spending and debt. The presentation will look at deficits as well as taxation.
The presentation will also highlight what has happen during the various fiscal management cycles for the government of Canada
This presentation looks at different aspects of the Canadian economy as part of helping business and people understand the pressures Canada is facing both domestically as well as internationally.
The presentation will look at retail sales, housing starts, income, employment, government spending, key industry metrics and exports.
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%.
Exports increased 1.6% to a record $48.6 billion in April, the sixth increase over the past seven months. Higher
exports of metal and non-metallic mineral products, consumer goods and energy products were partially offset by
lower exports of aircraft and other transportation equipment and parts. Year over year, total exports rose 3.1%.
Exports of metal and non-metallic mineral products increased 9.1% to $5.8 billion in April. Following two
consecutive months of atypically low levels, exports of unwrought precious metals and precious metal alloys led the
increase for the section in April, up 25.3% to $1.6 billion. Contributing to the increase were higher sales of
unwrought gold to Hong Kong, following its refining in Canada. For the section as a whole, volumes rose 5.8%,
while prices were up 3.1%.
Key Economics and Market Indicators for Canada and United States - March 2017paul young cpa, cga
This presentation looks at both macro and micro indicators for both United States and Canadian economy. The focus is on the major indicators like housing starts, employment, commodity pricing, trade, automotive, oil, class 8 trucks and power generation
Manufacturing is about 11% of GDP. MFG is under stress due to tax changes and excessive regulations
More and more Canadian manufacturing is adopting 3-D Printing - https://www.smitherspira.com/resources/2017/july/3d-printing-reaching-the-mainstream
Trudeau never had the answers for manufacturing other dangling a few carrots.
Canada – Slow growth – Liberal party of Canada - December 7, 2016paul young cpa, cga
This presentation will look at slow economic growth in Canada. The presentation will discuss liberal policies as well as macro and micro indicators when it comes to areas like wages, retail sales, trade, manufacturing sales, employment and housing prices.
The presentation will also reflect 3rd part comment that relate to GDP, debt, housing prices, trade as well as other areas of the economy
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
The Shifting Competitive Landscape for BC's Natural Resource IndustriesCheryl Maitland Muir
Jock Finlayson's presentation to the BC Natural Resources Forum looks at the economic contribution of resources to BC's economy. Spoiler Alert: Resources represent 13% of BC's GDP, 77% of merchandise exports and lumber remains our largest export product. Jock notes, however, that Canada is losing ground on our competitiveness, particularly compared to the United States.
Having overtaken the US as Africa's largest trading partner China continues to deepen its ties with the region. Here is a snapshot of the story so far.
2019 Election| Protectionism and Trade Policies| Canada and the World| May 2019paul young cpa, cga
1/4 for Canada's GDP is tied to exports. Canada depends on exports. The problem is the current government is not about progress as they are not focusing on all aspects the economy.
WTO needs to reform to ensure that emerging markets play by fair trade and investment rules.
Canada NR is at the make-or-break point as world is need of key commodities like oil, LNG, lithium, food, and other commodities.
After over 6 years the Liberals are now focusing on the critical metal sector in Canada.
High commodity prices continue to benefit government revenues
India continues looks at ways to expand trade relations with Canada
Iran oil production has now hit pre-sanction levels
EMEA and USA continue to look at ways to wane EMEA off Russian oil and gas
Halifax port was sold a Singapore outfit
Government deficit and debt - Canada - November 2016 analysispaul young cpa, cga
This presentation looks at government spending and debt. The presentation will look at deficits as well as taxation.
The presentation will also highlight what has happen during the various fiscal management cycles for the government of Canada
This presentation looks at different aspects of the Canadian economy as part of helping business and people understand the pressures Canada is facing both domestically as well as internationally.
The presentation will look at retail sales, housing starts, income, employment, government spending, key industry metrics and exports.
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%.
Exports increased 1.6% to a record $48.6 billion in April, the sixth increase over the past seven months. Higher
exports of metal and non-metallic mineral products, consumer goods and energy products were partially offset by
lower exports of aircraft and other transportation equipment and parts. Year over year, total exports rose 3.1%.
Exports of metal and non-metallic mineral products increased 9.1% to $5.8 billion in April. Following two
consecutive months of atypically low levels, exports of unwrought precious metals and precious metal alloys led the
increase for the section in April, up 25.3% to $1.6 billion. Contributing to the increase were higher sales of
unwrought gold to Hong Kong, following its refining in Canada. For the section as a whole, volumes rose 5.8%,
while prices were up 3.1%.
Key Economics and Market Indicators for Canada and United States - March 2017paul young cpa, cga
This presentation looks at both macro and micro indicators for both United States and Canadian economy. The focus is on the major indicators like housing starts, employment, commodity pricing, trade, automotive, oil, class 8 trucks and power generation
Manufacturing is about 11% of GDP. MFG is under stress due to tax changes and excessive regulations
More and more Canadian manufacturing is adopting 3-D Printing - https://www.smitherspira.com/resources/2017/july/3d-printing-reaching-the-mainstream
Trudeau never had the answers for manufacturing other dangling a few carrots.
Canada – Slow growth – Liberal party of Canada - December 7, 2016paul young cpa, cga
This presentation will look at slow economic growth in Canada. The presentation will discuss liberal policies as well as macro and micro indicators when it comes to areas like wages, retail sales, trade, manufacturing sales, employment and housing prices.
The presentation will also reflect 3rd part comment that relate to GDP, debt, housing prices, trade as well as other areas of the economy
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
The Shifting Competitive Landscape for BC's Natural Resource IndustriesCheryl Maitland Muir
Jock Finlayson's presentation to the BC Natural Resources Forum looks at the economic contribution of resources to BC's economy. Spoiler Alert: Resources represent 13% of BC's GDP, 77% of merchandise exports and lumber remains our largest export product. Jock notes, however, that Canada is losing ground on our competitiveness, particularly compared to the United States.
Having overtaken the US as Africa's largest trading partner China continues to deepen its ties with the region. Here is a snapshot of the story so far.
2019 Election| Protectionism and Trade Policies| Canada and the World| May 2019paul young cpa, cga
1/4 for Canada's GDP is tied to exports. Canada depends on exports. The problem is the current government is not about progress as they are not focusing on all aspects the economy.
WTO needs to reform to ensure that emerging markets play by fair trade and investment rules.
Canada NR is at the make-or-break point as world is need of key commodities like oil, LNG, lithium, food, and other commodities.
After over 6 years the Liberals are now focusing on the critical metal sector in Canada.
High commodity prices continue to benefit government revenues
India continues looks at ways to expand trade relations with Canada
Iran oil production has now hit pre-sanction levels
EMEA and USA continue to look at ways to wane EMEA off Russian oil and gas
Halifax port was sold a Singapore outfit
Summary:
In August, Canada's merchandise exports decreased 2.9%, largely due to lower exports of energy products. Imports fell 1.7%, mainly on decreased imports of motor vehicles and parts. As a result, Canada's merchandise trade surplus with the world narrowed from $2.4 billion in July to $1.5 billion in August. This is the lowest monthly trade surplus observed to date in 2022.
Exports to countries other than the United States fell 4.3% in August. Exports to Hong Kong (gold), South Korea (coal and crude oil), the United Kingdom (crude oil and gold) and Japan (wheat, canola and copper) posted the largest declines.
Meanwhile, imports from countries other than the United States rose 1.1% in August. Higher imports from China (various products) and Belgium (pharmaceuticals) were partially offset by the decrease in imports from South Korea (light trucks and passenger cars).
The merchandise trade deficit with countries other than the United States widened from $8.3 billion in July to $9.2 billion in August.
Key facts:
a) Nearly $14B of the surplus is related to energy.
b) Canada continues to face challenges with near shoring of manufacturing
c) Canada needs to streamline regulations as part of getting goods out of the ground to market
d) Canada lacks ports and rail capacity to ship record levels of grains.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/221005/dq221005a-eng.htm
In June, Canada's merchandise exports increased 2.0%, mostly on crude oil and gold exports. Meanwhile, imports rose 1.7%, mainly on energy products. As a result, Canada's merchandise trade surplus with the world widened from $4.8 billion in May to $5.0 billion in June.
Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220804/dq220804a-eng.htm
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...paul young cpa, cga
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
Scorecard - Key Metrics - The United States - July 2022 and August 2022.pptxpaul young cpa, cga
USA GDP has contracted for two consecutive quarters
Business automation spending continues to grow
USA continues to look at ways to expand LNG exports
Farmers continue to face challenges with crop yields
Housing market is facing enormous challenges over eighteen months
Inflation has been declining but more needs to be done to address systemic issues with inflation. Key focus areas should be reeling government spending, tax, and regulatory reforms as part of addressing issues with productivity
Innovation is another area that the private sector needs to do more investing as part of managing their product life cycles.
Summary:
• Canada's trade surplus narrowed in April, as the surplus in goods trade led the decline. Services trade also contributed to the move, as travel restrictions were lifted in Canada.
• Going forward, we see an improvement in the trade balance as higher commodity prices should support Canadian exports. Furthermore, easing supply chains should open the way for further gains in manufacturing exports.
Source - https://economics.td.com/ca-international-trade
The increase came as imports of energy products gained 26.3 per cent for the month helped higher by imports of crude oil and bitumen as both prices and volumes rose. Imports of consumer goods rose 6.5 per cent, while motor vehicles and parts added 9.9 per cent.
Meanwhile, total exports rose 6.3 per cent to a record $63.6 billion in March as higher prices helped exports of energy products gain 12.8 per cent to a record $17.9 billion. Exports of motor vehicles and parts rose 7.9 per cent.
Excluding energy products, exports gained 4.0 per cent in March.
https://economics.bmo.com/en/publications/detail/21fe3df8-4b7e-4686-8766-d42eb0539c69/ and https://www.therecord.com/ts/business/2022/05/04/canada-posts-25b-trade-surplus-for-march-as-imports-and-exports-hit-record-highs.html
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.
Liberal Party of Canada Economic Council - Report Analysis paul young cpa, cga
This presentation will analyse the Liberal Party of Canada's Economic Council recommendation on how to grow the economy.
The presentation will look at labor, trade, investment, innovation, productivity, infrastructure and skills development
Similar to Trade and Foreign Relations| Canada (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
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
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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.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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
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
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
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 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
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.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
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Application Process:
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Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
1. Canada vs Japan Competitiveness
PaulYoung | PaulYoung CPA, CGA
Date:April 29, 2019
2. PaulYoung - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – EmergingTechnology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Overview
Attracting foreign direct investment is very key to countries like Canada.Canada needs
to be cost competitive with other jurisdiction in order to received FDI into Canada
This presentation looks at the strides Japan has made with its’ competitiveness and
how their approach could be adopted by other countries like Canada.
Japan is key global player as such Canada needs to expand exports to Japan
4. Agenda
Canada and JapanTrade
Japan Imported Oil
Taxation – Business – (Canada vs Japan)
Research and Development (G20)
Japan and Manufacturing
Canada and Manufacturing
China and Japan
5. Canada and JapanTrade
Source - http://www.statcan.gc.ca/daily-quotidien/170504/t003c-eng.htm or http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
Foreign Relations
“I am concerned that what happened recently
might lead to a stasis in our relationship and
that’s not good, that would not be very
encouraging,” Numata said. “Certainly
(Trudeau) may have been able to avoid a
situation where people would call Canada’s
attitude as something ‘unpredictable.’ … It’s
true that the word ‘unpredictability’ is used in
relation to (U.S. president) DonaldTrump.”
Source - http://nationalpost.com/news/politics/we-dont-know-what-
canada-wants-japanese-chorus-of-confusion-grows-over-trudeaus-tpp-
position
Financial Post – December 21, 2017
6. Canada and JapanTrade
Source - https://www.asiapacific.ca/statistics/trade/bilateral-trade-asia-product/canadas-
merchandise-trade-japan
7. Japan Imported Oil
Source - https://www.theatlas.com/charts/SyUAFq4UZ
Rov Rai Yet the USA is booming, right?
https://www.rt.com/business/454895-us-oil-emissions-growth/
“The US increased oil exports by more than 70 percent last year to over
2 million barrels per day (bpd). The average production was 3 million
bpd over the last four weeks and is expected to hit 5 million bpd by the
end of 2020.”
Oil and other natural resources are very important to govt
taxation. I think you may want research the impact of natural
resources to Canada –
https://www.slideshare.net/paulyoungcga/why-is-it-hard-to-
approve-pipelines-canada-april-2019 or
https://www.slideshare.net/paulyoungcga/natural-resources-
sector-policy-analysis-canada-january-2019
8. Competitiveness Comparison – Japan and Canada -
Taxation
Source - https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-japanguide-
2017.pdf or https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-
canadaguide-2017.pdf or http://www.gulf-times.com/story/550187/Japan-s-environment-minister-puts-
carbon-tax-foes-
Policy Canada Japan
CorporateTax 26.5% 23.4%
PayrollTaxation 1.95% to 4.2% of gross
payroll
.25% of gross payroll
CarbonTaxation Mandatory carbon tax for
all provinces (2018)
Not implemented
ConsumptionTaxes 13% (average Fed/Prov) 8% (Talks to move to 10%)
9. Research and Development
Source -http://www.visualcapitalist.com/global-leaders-r-d-spending/
• Japan spends twice as much as Canada does on R&D
10. Japan and Manufacturing
Source - http://www.newequipment.com/industry-trends/what-world-can-learn-japans-factories?NL=QMN-01&Issue=QMN-01_20171229_QMN-01_133&sfvc4enews=42&cl=article_6&utm_rid=CPG03000001519274&utm_campaign=24027&utm_medium=email&elq2=419d60aa49d64b7a9e256e4018ab6476
Here is what Japan has done to support manufacturing:
• Japan has wisely moved away from its usual semi-protectionist tactics to embrace more open trade.
On Dec. 8, Japanese negotiators finalized the terms of a sweeping free-trade agreement with the
European Union, whileTokyo has also led efforts to complete theTrans-Pacific Partnership after the
U.S. withdrew. A U.S. administration that’s been quick to deride free-trade agreements should take
note.
• Of course, Japan’s success can’t be separated from the revived global economy overall. Exports are
revving up Japan’s factories, just as they always have. In October, exports, by value, jumped 14% from
the year before.
11. Canada and Manufacturing
The association, which represents thousands of manufacturers across the country, said
Oct. 2 that the changes pursue “too-narrow” a definition of tax fairness and could have
“devastating consequences” for small manufacturing businesses. Source -
https://www.canadianmanufacturing.com/manufacturing/tax-reform-devastating-
small-manufacturers-cme-says-202423/
Canadian Manufacturers & Exporters, the voice of over 10,000 leading manufacturers
and exporters, is encouraged by the commitment the Government of Canada has
made to support and enhance the global competitiveness of advanced manufacturing
through the strong commitment to innovation and skills training with Budget 2017.
Source - http://www.cme-smart.ca/single-post/2017/03/22/Canadian-Manufacturers-
Applaud-Government-Action-to-Support-Advanced-Manufacturing
12. China and Japan
Source - https://www.scmp.com/week-asia/opinion/article/2146443/chinas-love-hate-
relationship-japan-love-again-ahem
Trudeau cannot get the country right when
speaking with a government leader!
13. Bottom Line
Canada needs to push for more FDI from Japan into key sectors like MFG, Metals, Mining and Oil and Gas.
Canada needs to look at ways to get goods to Japan
Canada needs to invest in pipelines, port expansion, etc.
Canada needs to focus on being more competitive
Canada has some of the highest hydro rates in the world
Canada regulatory process is delaying projects getting off the ground and/or seen projects cancelled (Kinder Morgan –
delay,TransCanada East-West Pipeline-canceled, LNG Plants canceled, etc.)
The federal government is pushing carbon taxation - http://www.cbc.ca/news/canada/saskatoon/australian-carbon-tax-
opponent-chris-berg-saskatchewan-1.3884765
It is not one policy that drives business investment, but many policies
There is no integrated strategy between Federal Government and the Provinces in terms of setting policies to attract
FDI.