This presentation looks at key areas that need to be transformed as part of delivery program spending as well as addressing tax fairness. The presentation focuses on Canada. Many areas that are impacting Canada are also impacting other countries
The Consumer Price Index (CPI) rose at a faster pace in January (+1.0%) year over year than in December (+0.7%). The acceleration in consumer prices was largely due to higher prices for durable goods (+1.7%) and rising gasoline prices (+6.1%) compared with December 2020. Excluding gasoline, the CPI grew 1.3% in January—up from a 1.0% increase in December.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210217/dq210217a-eng.htm
Food
COVID19 and Food Prices - https://www.brockpress.com/covid-19-to-cause-increase-in-national-food-prices/
https://www.greenhousecanada.com/funding-call-for-local-food-projects-33051/ - The problem with greenhouses relates to CO2 - https://ggs-greenhouse.com/heating-systems/carbon-dioxide-co2-dosing
Average house price in Canada is now $621K - https://www.newswire.ca/news-releases/canadian-housing-markets-set-records-again-in-january-820519482.html
Liberal and the Environment (Climate Change) | Is Canada better off?paul young cpa, cga
Blog – How Justin Trudeau and his Government been better for Climate Change and the Environment
Liberals ranking on environment is now 20th (2021) as compared to 25th in 2015
Liberals ranking on innovation is 16th (2021) which is the same ranking in 2015
Liberals have seen issues with FDI
Liberals have seen 1% growth in emission since they took office in 2015
This presentation looks at government policies including trade and tax.
The focus is to look at what it takes to expand an economy. Canada has systemic issues that are holding the economy back.
How to Mitigate the threats of Climate Change - November 2021paul young cpa, cga
Blog – How to mitigate the impact of Climate Change
Weather over the years has played havoc to infrastructure related to both public and private sector. More needs to be done as part of mitigating the impact from weather.
1. Emissions - https://financialpost.com/commodities/energy/oil-gas/mark-carney-says-carbon-offsets-must-be-limited-to-residual-emissions
2. Diet - https://ca.news.yahoo.com/mens-meaty-diets-lead-to-40-more-carbon-emissions-than-women-163542976.html
3. Rail - https://newscenter.lbl.gov/2021/11/23/big-batteries-on-wheels-can-deliver-zero-emissions-rail-while-securing-the-grid/
4. Emissions - https://finance.yahoo.com/news/opinion-guest-view-states-must-210012259.html
5. Cement - https://www.architectmagazine.com/technology/post-cop26-how-green-can-we-make-concrete_o
6. Hydrogen - https://www.metaltechnews.com/story/2021/11/24/tech-bytes/french-hydrogen-for-cement-steelmaking/777.html
7. Electrical vehicles - https://www.deccanherald.com/science-and-environment/electric-cars-arent-enough-to-hit-climate-targets-1053979.html
8. Land - https://www.careourearth.com/the-list-of-countries-ranked-by-co2-emissions-per-square-kilometer/
9. Flood mitigation – https://globalnews.ca/news/8397330/bc-flood-warnings-ignored/
10. Smart cities - https://www.smartcitiesdive.com/news/smart-cities-grapple-with-equity-issues-heightened-by-the-pandemic/610372/
11. Urban Planning - https://www.smartcitiesdive.com/news/are-digital-twins-the-future-of-urban-planning/609232/
12. Urban Planning - https://www2.deloitte.com/xe/en/insights/industry/public-sector/future-of-cities.html
13. Food - https://dailynewsegypt.com/2021/11/23/food-security-should-be-at-heart-of-climate-change-mitigation-environment-minister/
The Consumer Price Index (CPI) rose at a faster pace in January (+1.0%) year over year than in December (+0.7%). The acceleration in consumer prices was largely due to higher prices for durable goods (+1.7%) and rising gasoline prices (+6.1%) compared with December 2020. Excluding gasoline, the CPI grew 1.3% in January—up from a 1.0% increase in December.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210217/dq210217a-eng.htm
Food
COVID19 and Food Prices - https://www.brockpress.com/covid-19-to-cause-increase-in-national-food-prices/
https://www.greenhousecanada.com/funding-call-for-local-food-projects-33051/ - The problem with greenhouses relates to CO2 - https://ggs-greenhouse.com/heating-systems/carbon-dioxide-co2-dosing
Average house price in Canada is now $621K - https://www.newswire.ca/news-releases/canadian-housing-markets-set-records-again-in-january-820519482.html
Liberal and the Environment (Climate Change) | Is Canada better off?paul young cpa, cga
Blog – How Justin Trudeau and his Government been better for Climate Change and the Environment
Liberals ranking on environment is now 20th (2021) as compared to 25th in 2015
Liberals ranking on innovation is 16th (2021) which is the same ranking in 2015
Liberals have seen issues with FDI
Liberals have seen 1% growth in emission since they took office in 2015
This presentation looks at government policies including trade and tax.
The focus is to look at what it takes to expand an economy. Canada has systemic issues that are holding the economy back.
How to Mitigate the threats of Climate Change - November 2021paul young cpa, cga
Blog – How to mitigate the impact of Climate Change
Weather over the years has played havoc to infrastructure related to both public and private sector. More needs to be done as part of mitigating the impact from weather.
1. Emissions - https://financialpost.com/commodities/energy/oil-gas/mark-carney-says-carbon-offsets-must-be-limited-to-residual-emissions
2. Diet - https://ca.news.yahoo.com/mens-meaty-diets-lead-to-40-more-carbon-emissions-than-women-163542976.html
3. Rail - https://newscenter.lbl.gov/2021/11/23/big-batteries-on-wheels-can-deliver-zero-emissions-rail-while-securing-the-grid/
4. Emissions - https://finance.yahoo.com/news/opinion-guest-view-states-must-210012259.html
5. Cement - https://www.architectmagazine.com/technology/post-cop26-how-green-can-we-make-concrete_o
6. Hydrogen - https://www.metaltechnews.com/story/2021/11/24/tech-bytes/french-hydrogen-for-cement-steelmaking/777.html
7. Electrical vehicles - https://www.deccanherald.com/science-and-environment/electric-cars-arent-enough-to-hit-climate-targets-1053979.html
8. Land - https://www.careourearth.com/the-list-of-countries-ranked-by-co2-emissions-per-square-kilometer/
9. Flood mitigation – https://globalnews.ca/news/8397330/bc-flood-warnings-ignored/
10. Smart cities - https://www.smartcitiesdive.com/news/smart-cities-grapple-with-equity-issues-heightened-by-the-pandemic/610372/
11. Urban Planning - https://www.smartcitiesdive.com/news/are-digital-twins-the-future-of-urban-planning/609232/
12. Urban Planning - https://www2.deloitte.com/xe/en/insights/industry/public-sector/future-of-cities.html
13. Food - https://dailynewsegypt.com/2021/11/23/food-security-should-be-at-heart-of-climate-change-mitigation-environment-minister/
Blog – Tax Fairness and Wealth Taxation – Canada and the World – November 2021
The average total income for all tax filers grew 0.7% to $51,000 in 2019. However, total income grew at a faster pace for tax filers at the top of the income distribution compared with those in the middle or at the bottom.
Average total income for the top 1 percent of Canadian tax filers grew 1.8% in 2019, compared with a 0.8% increase among the bottom 50 percent. Average income was relatively unchanged for those in the upper middle of the distribution (51st to the 90th percentiles).
Moreover, the average total income growth for the top 0.1 percent (+5.5%) and the top 0.01 percent (+13.9%) of tax filers greatly outpaced those in the top 1 percent.
The growth in the total income of high-income tax filers was largely driven by dividend income. For example, while average employment income for tax filers in the top 1 percent increased by half a percentage point in 2019, their average dividend income grew by 10.5%. The average dividend incomes grew even faster for tax filers in the top 0.1% (+18.9%) and top 0.01% (+34.8%) in 2019
Canadian tax filers spent, on average, 11.8% of their modified total income on federal, provincial/territorial income taxes and employee contributions to Employment Insurance and the Canada/Quebec Pension Plan (federal payroll taxes) in 2019, unchanged from 2018.
1. Poverty has been declining for years - https://hamiltonpoverty.ca/preview/facts-about-poverty/
2. Halifax and affordable housing - https://www.cbc.ca/news/canada/nova-scotia/protest-halifax-cmhc-banc-joseph-howe-1.6161313
3. High price of housing in Hamilton - https://www.judymarsales.com/news/blog/hamilton-real-estate-market-conditions.aspx
4. Townhomes - https://www.theglobeandmail.com/real-estate/article-with-demand-high-builders-tweak-the-traditional-townhouse/
5. How to fix housing - https://www.bnnbloomberg.ca/here-are-5-ways-the-feds-could-fix-canada-s-housing-crisis-1.1648933
6. Commission - https://betterdwelling.com/canadian-real-estate-agents-are-discreetly-pushing-buyers-to-high-commission-listings/
7. Millennials - https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-no-one-is-saying-boomers-didnt-work-hard/
8. https://www.fool.ca/2021/09/05/canadas-housing-crisis-in-3-shocking-numbers/ - Population did not match the availability of housing
9. Rural areas - https://www.mcgill.ca/channels/channels/news/expert-involvement-rural-communities-crucial-canadas-recovery-333437
10. Housing Costs - https://www.nerdwallet.com/ca/mortgages/how-much-does-it-cost-to-build-a-house
11. Urban areas - https://www.blogto.com/real-estate-toronto/2021/09/small-ontario-city-home-prices-exploding/
12. Innovation - https://www.newswise.com/articles/ten-innovations-to-address-america-s-housing-affordability-crisis
13. Solutions - https://ssir.org/articles/entry/innovative_solutions_for_the_housing_crisis
14. 3D printing - https://all3dp.com/2/2019-best-companies-building-3d-printed-houses/
15. 3D Printing - https://constructionglobal.com/technology-and-ai/75-millennials-would-consider-3d-printed-homes
16. Zoning rules - https://www.reuters.com/legal/legalindustry/zoning-rules-create-affordability-economic-benefits-2021-08-27/
17. 3D printing - https://vancouversun.com/moneywise-pro/could-3d-printed-homes-solve-canadas-housing-supply-problem
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021paul young cpa, cga
Blog – Canada – Economic Scorecard for October 2021 and September 2021
a) GDP grew at 5.3% annual pace in the 3Q21 - https://www.bnnbloomberg.ca/statistics-canada-says-gdp-grew-at-5-4-annual-rate-in-q3-1.1688906
b) Wages expected to rise by 2.7% in 2022 - https://www.benefitscanada.com/news/bencan/survey-says-wages-set-to-rise-2-7-in-2022-as-inflation-hits-new-high/
c) Food bank - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
d) Micro housing promoted by CMHC - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
e) Food costs - https://www.marketscreener.com/news/latest/Food-commodity-markets-Stable-with-considerable-upside-price-risks--37157673/
f) Fertilizer - https://theeagle.com/landandlivestockpost/fertilizer-prices-continue-record-climb/article_50b1886e-432b-11ec-b19f-bfb24750ac08.html
g) Commodities - https://www.bloomberg.com/markets/commodities
h) GDP growth has been led by government spending and housing. The goods-producing sector continues to struggle with growth. Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction. https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
i) TSX - https://www.reuters.com/markets/europe/tsx-opens-higher-energy-stocks-jump-stronger-crude-2021-11-29/
I support the need to look at better ways to support childcare including providing parents with different options. The PQ model is far from effective due to its wait list. More thoughts need to go into how best to allocate precious money to childcare including more oversight.
1. Daycare costs - https://www.mother.ly/life/news/news-trending/the-decade-that-made-childcare-unaffordable
2. Child Benefit program needs a review as it is costing over $7B per year and not achieving the results claim by the government - https://www.fraserinstitute.org/studies/does-the-canada-child-benefit-actually-reduce-child-poverty
3. Government is not addressing issues with energy poverty. Energy poverty is leading to decisions made by families in terms of their household budget - https://www.sciencedirect.com/science/article/abs/pii/S2214629621003303
4. There are job quality and employment issues facing Canadians across Canada - https://financialpost.com/news/economy/canadas-unemployment-is-high-but-the-number-of-people-quitting-jobs-is-also-rising-whats-going-on
5. Size of government is also becoming a problem when it comes to delivering of program spending with value for money - https://www.bostonglobe.com/2021/10/05/business/big-tech-is-major-problem-big-government-might-make-it-worse/
6. Childcare costs - https://www.nytimes.com/2021/10/06/upshot/child-care-biden.html
7. Carbon taxation - https://www.baytoday.ca/local-news/bill-to-stop-the-spikes-in-gas-prices-ignored-by-the-government-says-ndp-4491479
8. Inflation - https://www.reuters.com/business/imf-sees-global-gdp-2021-slightly-below-prior-forecast-6-2021-10-05/
9. Childcare workers on average make less than the average wage - https://ca.talent.com/salary?job=child+development Canadians need to make at least 50-60K to live a decent life in Canada - https://www.slideshare.net/paulyoungcga/what-is-happening-with-wages-in-canada
10. Canada and other countries need to focus on policies that support economic growth. Strong economies help better support social programs and wages - https://www.slideshare.net/paulyoungcga/canada-economic-and-fiscal-scorecard-august-2021-and-july-2021
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
Affordable Housing and Homelessness - Canada and the World paul young cpa, cga
Average house across Canada is now over 700K. Affordable housing continues be a top issue facing Canadians.
https://economics.bmo.com/en/publications/detail/0815533e-685e-45ac-a5ba-962dc92d5359/
1. Housing affordability – https://canada.constructconnect.com/dcn/news/projects/2021/11/no-magic-bullet-to-solve-canadas-housing-affordability-crisis-panel
2. Affordability - https://theconversation.com/why-building-more-homes-wont-solve-the-affordable-housing-problem-for-the-millions-of-people-who-need-it-most-171100
3. Income and housing - https://www.morganstanley.com/ideas/thoughts-on-the-market-us-housing
4. Heating costs - https://www.lewistownsentinel.com/opinion/editorials/2021/11/are-you-prepared-for-the-rising-cost-of-heating-your-home-this-winter/
5. Condo fees - https://toronto.ctvnews.ca/sudden-113-per-cent-spike-in-toronto-condo-fees-sparks-nasty-dispute-and-threats-1.5655442
6. Property tax - https://windsor.ctvnews.ca/city-of-windsor-tops-property-tax-list-1.5668657
7. Housing - https://www.canadianrealestatemagazine.ca/expert-advice/canadian-average-home-prices-by-city-compared-334894.aspx
8. 3D printing - https://www.woodworkingnetwork.com/closets/housing-market-boosted-3d-printing
9. Future Cities
10. Hamilton - https://globalnews.ca/news/8335432/hamilton-least-affordable-housing-q2-2021/
I am about supporting the environment but it needs to be done in a way that protects the environment without destroying the economy.
1. Emerging markets - https://www.reuters.com/business/sustainable-business/emerging-markets-need-1-trln-year-get-net-zero-blackrock-2021-10-14/
2. Most polluted cities - https://smartairfilters.com/en/blog/25-most-polluted-cities-world-2021-rankings/
3. Critical metals - https://republicofmining.com/2021/11/10/greenland-bans-uranium-mining-blocking-vast-rare-earths-project-by-cecilia-jamasmie-mining-com-november-10-2021/#more-73788
4. Critical metals - https://republicofmining.com/2021/11/10/temiskaming-could-be-the-north-american-refining-hub-to-feed-the-electric-vehicle-market-by-ian-ross-northern-ontario-business-november-9-2021/
5. Lithium - https://www.nxtmine.com/news/articles/energy-critical-metals/tsx-orl-chile-opens-lithium-reserves-to-explorers-amid-rising-demand/
6. Electrical vehicle adoption - https://www.nxtmine.com/news/articles/energy-critical-metals/tsx-orl-chile-opens-lithium-reserves-to-explorers-amid-rising-demand/
7. Microgrids - https://www.forbes.com/sites/forbesbusinesscouncil/2021/11/11/can-microgrids-help-reduce-the-vulnerabilities-of-the-us-power-grid/?sh=5547243511e2
8. Electricity - https://news.yahoo.com/electricity-prices-squeeze-mainers-budgets-173000178.html
9. Water - https://water.org/our-impact/water-crisis/global-water-crisis/
10. Food - https://www.npr.org/2021/11/09/1054032209/rising-food-prices-have-resulted-in-both-food-insecurity-and-improvisation
Crisis and emergency management risk management - how best to manage riskpaul young cpa, cga
Blog – Why both Public and Private Sectors need to strengthen its Crisis and Emergency Management Policies and Procedures
There are many lessons to be learned from COVID19 responses including how both private and public sector need to have better emergency and crisis plans. There should mandatory audits of crisis and emergency management plans as part of the annual filing of financial statements.
1. Insurance risks - https://riskandinsurance.com/3-emerging-risks-rising-out-of-the-pandemic-and-the-huge-impact-theyll-have-for-years-to-come/
2. Crisis management - https://www.msba.org/top-ten-tips-on-how-to-manage-a-company-crisis-second-tip-formulate-a-crisis-management-team/
3. Internal control list - https://www.auditboard.com/blog/tips-evaluating-internal-control-deficiencies/
4. ESG - https://www.corporateknights.com/responsible-investing/financial-climate-risk/
5. Human capital - https://www.protocol.com/workplace/companies-workforce-stat-reporting-requirement
6. Blog – Business Automation – What is next? - https://www.linkedin.com/pulse/blog-business-automation-what-next-paul-young/?published=t
7. Blog – Fraud Risk in the Digital Age - https://www.linkedin.com/pulse/blog-fraud-risk-digital-age-paul-young/?published=t
8. Blog – Steps to Futureproofing and Risk-Proofing Your Manufacturing Business - 60 percent of manufacturers and distributors were impacted by supply chain disruptions during the pandemic. https://www.linkedin.com/pulse/steps-futureproofing-risk-proofing-your-manufacturing-paul-young
9. Blog – 3D Printing - Canadian manufacturers poised to take 3D printing risks in 2021 As the 3D printing market continues to remain robust 2021, manufacturers are well positioned to take a risk on 3D printing’s capabilities beyond just plastics and plastic composites. https://www.canadianmanufacturing.com/manufacturing/canadian-manufacturers-poised-to-take-3d-printing-risks-in-2021-265727/ My work on 3D Printing - https://www2.slideshare.net/paulyoungcga/3d-printing-what-is-next-january-2021/paulyoungcga/3d-printing-what-is-next-january-2021
10. Blog – Safeguarding assets through proper Risk Mitigation of Geopolitical Threats - https://www.slideshare.net/paulyoungcga/how-to-mitigate-geopolitical-risks-as-part-of-safeguarding-your-assets-249988353
What is next for Agriculture Equipment and Food/Farming Sector?paul young cpa, cga
The world continues to face challenges due to supply chain disruption. More needs to be done by all levels of government to support food security.
1. Food Prices - https://financialpost.com/pmn/business-pmn/food-prices-may-sow-seeds-of-next-inflation-crisis-nomura-says
2. Food prices - https://geneticliteracyproject.org/2021/11/12/food-prices-have-increased-by-33-worldwide-and-costs-are-continuing-to-rise-how-can-we-boost-productivity-to-feed-a-growing-population/
3. Integration - https://india.mongabay.com/2021/11/integrated-farming-systems-emerge-as-possible-climate-adaptation-solution/
4. Taxes and Cash Flow - https://www.producer.com/opinion/excess-cash-can-be-tax-problem-for-farming-corporations/
5. Climate change - https://www.bloomberg.com/news/features/2021-11-10/farmers-battle-climate-change-food-crisis
6. Vertical farming - https://www.itv.com/news/wales/2021-11-11/what-is-vertical-farming-and-could-it-be-a-solution-to-tackling-climate-change
7. Farming - http://thegrower.org/node/3580
8. Innovation - https://www.macleans.ca/economy/how-blockchain-could-revolutionize-food-supply-chains-and-lower-your-grocery-bill/
9. Food production - https://ipolitics.ca/2021/11/03/canadas-food-production-limited-by-lack-of-labour-and-tech-report/
10. Innovation - https://foodsafedrains.com/blog/8-innovative-food-technology-trends-for-2021
This presentation looks at key areas of policy as part of looking a how best to deliver tax fairness along with value for money for all program spending.
Blog – Tax Fairness and Wealth Taxation – Canada and the World – November 2021
The average total income for all tax filers grew 0.7% to $51,000 in 2019. However, total income grew at a faster pace for tax filers at the top of the income distribution compared with those in the middle or at the bottom.
Average total income for the top 1 percent of Canadian tax filers grew 1.8% in 2019, compared with a 0.8% increase among the bottom 50 percent. Average income was relatively unchanged for those in the upper middle of the distribution (51st to the 90th percentiles).
Moreover, the average total income growth for the top 0.1 percent (+5.5%) and the top 0.01 percent (+13.9%) of tax filers greatly outpaced those in the top 1 percent.
The growth in the total income of high-income tax filers was largely driven by dividend income. For example, while average employment income for tax filers in the top 1 percent increased by half a percentage point in 2019, their average dividend income grew by 10.5%. The average dividend incomes grew even faster for tax filers in the top 0.1% (+18.9%) and top 0.01% (+34.8%) in 2019
Canadian tax filers spent, on average, 11.8% of their modified total income on federal, provincial/territorial income taxes and employee contributions to Employment Insurance and the Canada/Quebec Pension Plan (federal payroll taxes) in 2019, unchanged from 2018.
1. Poverty has been declining for years - https://hamiltonpoverty.ca/preview/facts-about-poverty/
2. Halifax and affordable housing - https://www.cbc.ca/news/canada/nova-scotia/protest-halifax-cmhc-banc-joseph-howe-1.6161313
3. High price of housing in Hamilton - https://www.judymarsales.com/news/blog/hamilton-real-estate-market-conditions.aspx
4. Townhomes - https://www.theglobeandmail.com/real-estate/article-with-demand-high-builders-tweak-the-traditional-townhouse/
5. How to fix housing - https://www.bnnbloomberg.ca/here-are-5-ways-the-feds-could-fix-canada-s-housing-crisis-1.1648933
6. Commission - https://betterdwelling.com/canadian-real-estate-agents-are-discreetly-pushing-buyers-to-high-commission-listings/
7. Millennials - https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-no-one-is-saying-boomers-didnt-work-hard/
8. https://www.fool.ca/2021/09/05/canadas-housing-crisis-in-3-shocking-numbers/ - Population did not match the availability of housing
9. Rural areas - https://www.mcgill.ca/channels/channels/news/expert-involvement-rural-communities-crucial-canadas-recovery-333437
10. Housing Costs - https://www.nerdwallet.com/ca/mortgages/how-much-does-it-cost-to-build-a-house
11. Urban areas - https://www.blogto.com/real-estate-toronto/2021/09/small-ontario-city-home-prices-exploding/
12. Innovation - https://www.newswise.com/articles/ten-innovations-to-address-america-s-housing-affordability-crisis
13. Solutions - https://ssir.org/articles/entry/innovative_solutions_for_the_housing_crisis
14. 3D printing - https://all3dp.com/2/2019-best-companies-building-3d-printed-houses/
15. 3D Printing - https://constructionglobal.com/technology-and-ai/75-millennials-would-consider-3d-printed-homes
16. Zoning rules - https://www.reuters.com/legal/legalindustry/zoning-rules-create-affordability-economic-benefits-2021-08-27/
17. 3D printing - https://vancouversun.com/moneywise-pro/could-3d-printed-homes-solve-canadas-housing-supply-problem
Canada| Economic and Fiscal Scorecard| October 2021 and September 2021paul young cpa, cga
Blog – Canada – Economic Scorecard for October 2021 and September 2021
a) GDP grew at 5.3% annual pace in the 3Q21 - https://www.bnnbloomberg.ca/statistics-canada-says-gdp-grew-at-5-4-annual-rate-in-q3-1.1688906
b) Wages expected to rise by 2.7% in 2022 - https://www.benefitscanada.com/news/bencan/survey-says-wages-set-to-rise-2-7-in-2022-as-inflation-hits-new-high/
c) Food bank - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
d) Micro housing promoted by CMHC - https://www.theglobeandmail.com/canada/article-nearly-600000-people-accessed-ontario-food-banks-last-year-report-2/
e) Food costs - https://www.marketscreener.com/news/latest/Food-commodity-markets-Stable-with-considerable-upside-price-risks--37157673/
f) Fertilizer - https://theeagle.com/landandlivestockpost/fertilizer-prices-continue-record-climb/article_50b1886e-432b-11ec-b19f-bfb24750ac08.html
g) Commodities - https://www.bloomberg.com/markets/commodities
h) GDP growth has been led by government spending and housing. The goods-producing sector continues to struggle with growth. Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction. https://www150.statcan.gc.ca/n1/daily-quotidien/211130/dq211130b-eng.htm
i) TSX - https://www.reuters.com/markets/europe/tsx-opens-higher-energy-stocks-jump-stronger-crude-2021-11-29/
I support the need to look at better ways to support childcare including providing parents with different options. The PQ model is far from effective due to its wait list. More thoughts need to go into how best to allocate precious money to childcare including more oversight.
1. Daycare costs - https://www.mother.ly/life/news/news-trending/the-decade-that-made-childcare-unaffordable
2. Child Benefit program needs a review as it is costing over $7B per year and not achieving the results claim by the government - https://www.fraserinstitute.org/studies/does-the-canada-child-benefit-actually-reduce-child-poverty
3. Government is not addressing issues with energy poverty. Energy poverty is leading to decisions made by families in terms of their household budget - https://www.sciencedirect.com/science/article/abs/pii/S2214629621003303
4. There are job quality and employment issues facing Canadians across Canada - https://financialpost.com/news/economy/canadas-unemployment-is-high-but-the-number-of-people-quitting-jobs-is-also-rising-whats-going-on
5. Size of government is also becoming a problem when it comes to delivering of program spending with value for money - https://www.bostonglobe.com/2021/10/05/business/big-tech-is-major-problem-big-government-might-make-it-worse/
6. Childcare costs - https://www.nytimes.com/2021/10/06/upshot/child-care-biden.html
7. Carbon taxation - https://www.baytoday.ca/local-news/bill-to-stop-the-spikes-in-gas-prices-ignored-by-the-government-says-ndp-4491479
8. Inflation - https://www.reuters.com/business/imf-sees-global-gdp-2021-slightly-below-prior-forecast-6-2021-10-05/
9. Childcare workers on average make less than the average wage - https://ca.talent.com/salary?job=child+development Canadians need to make at least 50-60K to live a decent life in Canada - https://www.slideshare.net/paulyoungcga/what-is-happening-with-wages-in-canada
10. Canada and other countries need to focus on policies that support economic growth. Strong economies help better support social programs and wages - https://www.slideshare.net/paulyoungcga/canada-economic-and-fiscal-scorecard-august-2021-and-july-2021
More is required by all levels of government to deal with the systemic issues facing real estate. This presentations looks at key areas facing housing prices across Canada and the world.
Affordable Housing and Homelessness - Canada and the World paul young cpa, cga
Average house across Canada is now over 700K. Affordable housing continues be a top issue facing Canadians.
https://economics.bmo.com/en/publications/detail/0815533e-685e-45ac-a5ba-962dc92d5359/
1. Housing affordability – https://canada.constructconnect.com/dcn/news/projects/2021/11/no-magic-bullet-to-solve-canadas-housing-affordability-crisis-panel
2. Affordability - https://theconversation.com/why-building-more-homes-wont-solve-the-affordable-housing-problem-for-the-millions-of-people-who-need-it-most-171100
3. Income and housing - https://www.morganstanley.com/ideas/thoughts-on-the-market-us-housing
4. Heating costs - https://www.lewistownsentinel.com/opinion/editorials/2021/11/are-you-prepared-for-the-rising-cost-of-heating-your-home-this-winter/
5. Condo fees - https://toronto.ctvnews.ca/sudden-113-per-cent-spike-in-toronto-condo-fees-sparks-nasty-dispute-and-threats-1.5655442
6. Property tax - https://windsor.ctvnews.ca/city-of-windsor-tops-property-tax-list-1.5668657
7. Housing - https://www.canadianrealestatemagazine.ca/expert-advice/canadian-average-home-prices-by-city-compared-334894.aspx
8. 3D printing - https://www.woodworkingnetwork.com/closets/housing-market-boosted-3d-printing
9. Future Cities
10. Hamilton - https://globalnews.ca/news/8335432/hamilton-least-affordable-housing-q2-2021/
I am about supporting the environment but it needs to be done in a way that protects the environment without destroying the economy.
1. Emerging markets - https://www.reuters.com/business/sustainable-business/emerging-markets-need-1-trln-year-get-net-zero-blackrock-2021-10-14/
2. Most polluted cities - https://smartairfilters.com/en/blog/25-most-polluted-cities-world-2021-rankings/
3. Critical metals - https://republicofmining.com/2021/11/10/greenland-bans-uranium-mining-blocking-vast-rare-earths-project-by-cecilia-jamasmie-mining-com-november-10-2021/#more-73788
4. Critical metals - https://republicofmining.com/2021/11/10/temiskaming-could-be-the-north-american-refining-hub-to-feed-the-electric-vehicle-market-by-ian-ross-northern-ontario-business-november-9-2021/
5. Lithium - https://www.nxtmine.com/news/articles/energy-critical-metals/tsx-orl-chile-opens-lithium-reserves-to-explorers-amid-rising-demand/
6. Electrical vehicle adoption - https://www.nxtmine.com/news/articles/energy-critical-metals/tsx-orl-chile-opens-lithium-reserves-to-explorers-amid-rising-demand/
7. Microgrids - https://www.forbes.com/sites/forbesbusinesscouncil/2021/11/11/can-microgrids-help-reduce-the-vulnerabilities-of-the-us-power-grid/?sh=5547243511e2
8. Electricity - https://news.yahoo.com/electricity-prices-squeeze-mainers-budgets-173000178.html
9. Water - https://water.org/our-impact/water-crisis/global-water-crisis/
10. Food - https://www.npr.org/2021/11/09/1054032209/rising-food-prices-have-resulted-in-both-food-insecurity-and-improvisation
Crisis and emergency management risk management - how best to manage riskpaul young cpa, cga
Blog – Why both Public and Private Sectors need to strengthen its Crisis and Emergency Management Policies and Procedures
There are many lessons to be learned from COVID19 responses including how both private and public sector need to have better emergency and crisis plans. There should mandatory audits of crisis and emergency management plans as part of the annual filing of financial statements.
1. Insurance risks - https://riskandinsurance.com/3-emerging-risks-rising-out-of-the-pandemic-and-the-huge-impact-theyll-have-for-years-to-come/
2. Crisis management - https://www.msba.org/top-ten-tips-on-how-to-manage-a-company-crisis-second-tip-formulate-a-crisis-management-team/
3. Internal control list - https://www.auditboard.com/blog/tips-evaluating-internal-control-deficiencies/
4. ESG - https://www.corporateknights.com/responsible-investing/financial-climate-risk/
5. Human capital - https://www.protocol.com/workplace/companies-workforce-stat-reporting-requirement
6. Blog – Business Automation – What is next? - https://www.linkedin.com/pulse/blog-business-automation-what-next-paul-young/?published=t
7. Blog – Fraud Risk in the Digital Age - https://www.linkedin.com/pulse/blog-fraud-risk-digital-age-paul-young/?published=t
8. Blog – Steps to Futureproofing and Risk-Proofing Your Manufacturing Business - 60 percent of manufacturers and distributors were impacted by supply chain disruptions during the pandemic. https://www.linkedin.com/pulse/steps-futureproofing-risk-proofing-your-manufacturing-paul-young
9. Blog – 3D Printing - Canadian manufacturers poised to take 3D printing risks in 2021 As the 3D printing market continues to remain robust 2021, manufacturers are well positioned to take a risk on 3D printing’s capabilities beyond just plastics and plastic composites. https://www.canadianmanufacturing.com/manufacturing/canadian-manufacturers-poised-to-take-3d-printing-risks-in-2021-265727/ My work on 3D Printing - https://www2.slideshare.net/paulyoungcga/3d-printing-what-is-next-january-2021/paulyoungcga/3d-printing-what-is-next-january-2021
10. Blog – Safeguarding assets through proper Risk Mitigation of Geopolitical Threats - https://www.slideshare.net/paulyoungcga/how-to-mitigate-geopolitical-risks-as-part-of-safeguarding-your-assets-249988353
What is next for Agriculture Equipment and Food/Farming Sector?paul young cpa, cga
The world continues to face challenges due to supply chain disruption. More needs to be done by all levels of government to support food security.
1. Food Prices - https://financialpost.com/pmn/business-pmn/food-prices-may-sow-seeds-of-next-inflation-crisis-nomura-says
2. Food prices - https://geneticliteracyproject.org/2021/11/12/food-prices-have-increased-by-33-worldwide-and-costs-are-continuing-to-rise-how-can-we-boost-productivity-to-feed-a-growing-population/
3. Integration - https://india.mongabay.com/2021/11/integrated-farming-systems-emerge-as-possible-climate-adaptation-solution/
4. Taxes and Cash Flow - https://www.producer.com/opinion/excess-cash-can-be-tax-problem-for-farming-corporations/
5. Climate change - https://www.bloomberg.com/news/features/2021-11-10/farmers-battle-climate-change-food-crisis
6. Vertical farming - https://www.itv.com/news/wales/2021-11-11/what-is-vertical-farming-and-could-it-be-a-solution-to-tackling-climate-change
7. Farming - http://thegrower.org/node/3580
8. Innovation - https://www.macleans.ca/economy/how-blockchain-could-revolutionize-food-supply-chains-and-lower-your-grocery-bill/
9. Food production - https://ipolitics.ca/2021/11/03/canadas-food-production-limited-by-lack-of-labour-and-tech-report/
10. Innovation - https://foodsafedrains.com/blog/8-innovative-food-technology-trends-for-2021
This presentation looks at key areas of policy as part of looking a how best to deliver tax fairness along with value for money for all program spending.
During a crisis is when businesses and government really get exposed in terms of their ability to managed their finances as well as deal with any crisis.
This presentation looks at different aspects of government including taxation and the delivery of social programs. COVID19 told the world many things including how government needs to change on how it operates.
Government Policies and Issues - Municipalities and Cities - Canada - June 2017paul young cpa, cga
This presentation looks at the issues facing municipal and local governments across Canada. The focus is on infrastructure, public safety and other services delivered by local government.
Hamilton, Ontario is facing many challenges:
Housing supply / Costs
Attracting the next generation of jobs
Vacant property
Economic Development
Cost of Transit
Public Safety
Infrastructure
Living wage has gone up to over $35K
2019 Election| Municipal Government and Affairs| Canada| August 2019paul young cpa, cga
This presentation includes information on municipal government and affairs. The information will guide people to asking questions of their politicians when it comes to managing both the taxes and social spending with their various local governments.
How is Public Transit doing around the World - July 2023.pptxpaul young cpa, cga
Blog – Sector – Transit – Transit Analysis and Commentary for July 2023
In May, 120.8 million passenger trips were made on urban transit networks in Canada. This total represents over three-quarters (77.8%) of the May 2019 level, before the COVID-19 pandemic, the highest recovery rate to date.
Ridership recovery continues
Canada's urban transit networks recorded an estimated 120.8 million rides in May 2023, an increase of 26.0% (+24.9 million trips) from May 2022. This marks more than two years of consecutive monthly year-over-year increases.
With activity and travel behaviour continuing to move toward historic patterns, ridership recovered to 77.8% of the pre-pandemic May 2019 level. While this was the highest rate of recovery since the pandemic, there were still 34.5 million fewer passenger trips in May 2023 compared with the same month in 2019.
On a monthly basis before the pandemic, public transit ridership typically edged down from April to May. Meanwhile, May 2023 saw a 5.8% rise from April.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230719/dq230719d-eng.htm
Additional sources and links:
Transit funding - https://www.localgov.co.uk/Rural-bus-services-at-historic-low/56564
Green Transit spending - https://finance.yahoo.com/news/governments-canada-newfoundland-labrador-city-151500503.html
ESG - https://www.nasdaq.com/articles/the-rise-of-esg-and-the-importance-of-esg-data
Transit optimization - https://www.masstransitmag.com/technology/facilities/news/53066466/pa-cities-seek-solutions-as-bus-terminals-close-pushing-riders-to-the-curb
Capital costs of net zero buses - https://www.theepochtimes.com/california-to-spend-150-million-to-electrify-school-buses_5407392.html
Capital - https://fuelcellsworks.com/news/harnessing-hydrogen-electricity-wiltshires-stride-towards-green-public-transport/
Fire and buses - https://www.masstransitmag.com/safety-security/article/53066174/expert-insight-safety-priorities-when-implementing-zeroemissions-technology or https://www.essex-fire.gov.uk/news/essex-firefighters-adapt-new-hazards-electric-vehicle-fires
Government policies and issues - Municipalities and Cities - Canada paul young cpa, cga
This presentation will discuss the policies and issues facing municipalities and cities in Canada.
Municipalities are 3rd tier of government after provincial and federal government.
Cost of housing along with high level of consumer debt are putting the global economy at risk.
1. Housing affordability - https://betterdwelling.com/canadian-housing-affordability-is-the-worst-in-30-years-prices-to-flatten-rbc/
2. Global household debt - https://www.intheblack.com/articles/2021/10/01/how-will-debt-affect-economic-future
3. USA consumer debt - https://www.thebalance.com/consumer-debt-statistics-causes-and-impact-3305704
4. Urban planning - https://www.globalconstructionreview.com/intelligent-city-opens-first-robotic-urban-housing-factory-in-vancouver/
5. Housing solutions - https://za.pinterest.com/moladiFormwork/alternative-building-technologies-abt/
6. Permits / USA - https://ca.news.yahoo.com/u-housing-starts-fell-last-123941194.html
7. 3D print housing - https://www.mentalfloss.com/article/535220/these-10000-concrete-homes-are-3d-printed-less-24-hours
8. Habitat housing - https://windsor.ctvnews.ca/made-in-windsor-when-will-we-see-canada-s-first-3d-printed-residential-homes-1.5623027
9. Toronto - https://precondo.ca/toronto-housing-crisis/
10. https://blogs.imf.org/2021/10/18/housing-prices-continue-to-soar-in-many-countries-around-the-world/
Government policies and issues - Municipalities and Cities - Canada - july 2017paul young cpa, cga
It is very easy to print money via taxation, but it is more difficult to fix systemic issues with delivering of taxation to various municipal programs.
This presentation includes a look at all levels of government undertaking more value for money audits. Some of the value for money audits could be set up via automation through triggers as way to ensure taxpayers dollars are maximised as part of delivering program spending.
Similar to Transforming the Public Sector - 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
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how 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
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
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.
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.
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 can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
NO1 Uk Rohani Baba In Karachi Bangali Baba Karachi Online Amil Baba WorldWide...Amil baba
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Agenda
1. Taxation
2. Taxation and spending
3. Operational Expenses
4. Pandemic / COVI19 Impact
5. A need for Rural vs Urban Strategy
6. Broken Arbitration
7. Infrastructure
8. Housing
9. Public Safety / Policing
10. Public Safety / Firefighting
11. Enhancing government reporting
12. Summary
13. Training/Learning Development
9. Pandemic /
COVID19
1. City of Windsor shortfall “An administrative report shows $11.2-million in lost
revenue at the end of April.” -
https://www.iheartradio.ca/am800/news/pandemic-having-major-impact-on-
city-finances-1.12325586
2. City of Regina shortfall – “Regina city council has approved a plan to make up for
a $20.7-million shortfall projected by the end of September due to the COVID-19
pandemic.” - https://leaderpost.com/news/local-news/regina-city-council-
approves-plan-to-make-up-projected-20-7-million-shortfall/
3. FCM –” FCM’s data shows municipalities facing a minimum of $10-15 billion in
near-term, non-recoverable losses due to COVID-19. That figure includes
foregone property taxes, utility charges and user fees—including an estimated
$400 million each month from lost transit ridership alone. At the same time,
municipalities are taking unprecedented steps to support public health and
safety.” https://fcm.ca/en/news-media/news-release/covid-19-municipalities-
seek-emergency-funding
4. US federal government provided local/municipal government support- “The US
Congress recently allotted US$67.5 billion for direct support to municipalities in
its COVID-19 relief package. Some experts believe a commensurate package for
Canadian municipalities would be in the range of $10 billion. CUPE represents
almost 200,000 workers in the municipal sector who work in public transit,
sanitation, roads, water, planning, public health, child care, and more. Their
essential work touches the lives of Canadians every day. ” -
https://business.financialpost.com/pmn/press-releases-pmn/business-wire-
news-releases-pmn/local-governments-need-federal-help-now-says-canadas-
largest-union
11. Broken
Arbitration
City of Mississauga Fire Fighters – https://www.mississauga.com/news-story/7382325-city-of-
mississauga-and-firefighters-union-prepping-for-arbitration-to-settle-labour-dispute/
City of Owen Sound Fire Fighters - http://www.owensoundsuntimes.com/2017/01/17/owen-sound-
aims-to-stem-fire-costs
Stratford City Police covering St.Marys - https://www.ourperth.ca/news-story/7144384-repercussions-
in-perth-south-discussed-due-to-st-marys-swap-to-stratford-police/
OPP costs hurting Municipalities - http://www.torontosun.com/2014/02/21/ontario-municipalities-
and-ontario-provincial-police-face-rising-policing-costs
London Fire Fighters - http://globalnews.ca/news/3377263/firefighters-city-of-london-reach-tentative-
contract-after-nearly-7-year-dispute/
Espanola Police - http://www.thesudburystar.com/2016/12/01/espanola-considers-going-with-opp-
service
Public Safety and Kathleen Wynne - http://www.cbc.ca/news/canada/toronto/police-services-act-
reform-strategy-for-safer-ontario-1.3969134
Brockville and OPP - http://www.recorder.ca/2016/09/15/brockville-police-service-lauded-as-costing-
looms
Suspended Officers - http://www.cbc.ca/news/canada/toronto/sunshine-list-police-officers-
suspended-with-pay-1.4053012
Paramedics and Fire Department - http://tvo.org/article/current-affairs/the-next-ontario/why-
ontarios-paramedics-dont-want-firefighters-performing-emergency-care
Paramedics - http://cfjctoday.com/article/557388/paramedics-call-same-bargaining-rights-police-and-
fire
12. Broken
Arbitration
Summary:
The current arbitration system is not based on a city’s ability to pay, but what other
departments are getting in terms of raises and compensation. A good union lawyer will
will research how other departments are paid including salary increases and wages
Councilors have complained for years that system is broken, but have done little in
terms of requesting the government to fix the arbitration settlement
Many cities, towns, municipalities, etc. are now re-looking at how they contained their
public safety costs. Some cities are now looking at composite department (Full-Time
and Part-time) or re-configuring their stations or outsourcing to OPP or cutting back the
the # of patrols by the OPP in their area.
Public Sector employees in general make about 12% more than people in the private
sector. Many municipal governments are strapped for cash as such are making tough
decision on their public safety budgets in terms of cost containment.
Other Sources
Public Safety – https://www.slideshare.net/paulyoungcga/government-policies-public-
safety-canada-june-2017
Municipal - https://www.slideshare.net/paulyoungcga/government-policies-and-issues-
issues-municipalities-and-cities-canada-june-2017
13. Infrastructure
Integrated strategy with all levels of
government and private sector as part of
optimization infrastructure spending
Source -
https://www.slideshare.net/paulyoungcga/can
ada-infrastructure-investment-getting-goods-
to-market
14. Housing
It is time for all levels government to look at innovator solutions when it comes to building affordable
housing
https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next
Building codes need to revamp to deal with 3-D housing
All levels government need to look at proper land management -
https://www.slideshare.net/paulyoungcga/why-do-politicians-play-games-with-the-environment
15. Public Safety / Policing
All levels of government need to re-look at how police departments work for their local communities:
Policing / Canada
https://www.huffingtonpost.ca/erick-laming/police-body-cameras-canada_b_14410866.html
https://www.priv.gc.ca/en/privacy-topics/surveillance/police-and-public-safety/gd_bwc_201502/
Policing Review
https://www.slideshare.net/paulyoungcga/crime-and-polcing-canada-and-usa
16. Public Safety / Firefighting
All urban and rural firefighting need to re-look at how they operate
Training
Equipment
Firefighting Techniques
Options:
Arial Firefighting - https://www.youtube.com/watch?v=WFqThcMIN7A
Cost of Firefighting - https://www.slideshare.net/paulyoungcga/heavy-cost-firefighting-and-fire-services-canada
17. Improving reporting of Government
1. Value for money and performance audits - https://www.slideshare.net/paulyoungcga/the-importance-of-value-
for-money-and-perfomance-based-audits
2. More focus on streamlining of government through a digital footprint -
https://www.newired.com/blog/digitalization-in-the-public-sector/
3. Streamlining of reporting through Data and AI - https://ibm.box.com/s/jrm3e424fnosl8sa10ottozzlqk0luuk
4. Audited Crisis Management and Risk Management Reports -
https://ibm.box.com/s/sog5ljen312tpjxc7y7f8ujnck0qq6l4
5. Implementation of Risk Analytics - https://ibm.box.com/s/256kgjvqjzt37st8gar9qyezhp3816b5
18. Summary
1. There are many issues facing municipal and local government that
need to be address as part of reforming government
2. All levels of government need to have audited crisis and risk
management plans - https://www.slideshare.net/paulyoungcga/crisis-
management-how-best-to-managed-a-crisis
3. More emphasis on economic development as part of expanding the
tax base. – https://www.slideshare.net/paulyoungcga/how-best-to-
reshore-supply-chains
4. More emphasis on reforming public sector compensation -
https://www.slideshare.net/paulyoungcga/2019-election-public-
sector-efficiency-canada-july-2019
5. Innovation needs to be considered in terms of addressing the issues
facing infrastructure
6. Innovation needs to be considered in terms of fixing systemic issues
with housing - https://www.slideshare.net/paulyoungcga/latest-new-
housing-market-canada-april-2020
19. 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