Blog - Forestry and Sawmill Production – Canada and the World
Lumber prices have decline but are still very high
There seems to be inconsistent policies when it comes to management of forests around the globe
The world is slow in adopting 3D housing
1. Softwood Lumber - https://www.woodworkingnetwork.com/news/woodworking-industry-news/reduced-tariffs-draws-applause
2. Prices - https://www.barchart.com/story/news/7200218/lumber-up-and-down-and-all-around
3. 3D housing - https://www.mentalfloss.com/article/535220/these-10000-concrete-homes-are-3d-printed-less-24-hours
4. Deforestation - https://www.sustainability-times.com/environmental-protection/the-great-amazon-land-grab-brazils-government-is-turning-public-land-private-driving-deforestation/
5. Wetlands - https://www.nature.com/articles/d41586-020-00098-1
6. Housing affordability - https://saportareport.com/understanding-the-housing-affordability-problem/columnists/david/
7. Urban planning - https://www.weforum.org/agenda/2022/02/innovative-global-cities-talent-property/
8. 3D housing - https://www.probuilder.com/3d-printed-technology-offers-solution-affordable-housing
9. Mortgage rates - https://ca.finance.yahoo.com/news/lumber-prices-crash-30-mortgage-120647926.html
10. Household debt - https://www.teamblind.com/post/21t-national-debt-15-trillion-household-debt-in-usa-and-21-trillion-in-annual-gdp--are-we-doomed-rtZ0Dj5Q
11. Housing bubble - https://betterdwelling.com/
12. Insurance - https://ca.news.yahoo.com/extreme-weather-rising-insurance-rates-160054947.html
13. Heating costs - https://carolinapublicpress.org/51169/heating-costs-and-power-grid-stability-create-concerns-in-cold-temperatures/
Cost of Living| The United States |Inflation| January 2022paul young cpa, cga
Summary:
U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points interest rate hike from the Federal Reserve next month.
The broad increase in prices reported by the Labor Department on Thursday was led by soaring costs for rents, electricity and food, and could heap more political pressure on President Joe Biden, whose popularity has been declining amid anxiety over the rising cost of living.
High inflation has overshadowed a strong economy, which grew at its fastest pace in 37 years in 2021 and a labor market that is rapidly churning out jobs.
Source - https://ca.finance.yahoo.com/news/u-consumer-prices-rise-strongly-134042040.html
1. Gasoline prices - https://www.news9.com/story/62053a1ca360bf0725484dd0/gas-prices-hit-their-highest-level-in-8-years--heres-whats-driving-the-surge-
2. Food - https://www.freep.com/story/news/local/michigan/2022/02/10/foods-costs-january-consumer-price-index/6733880001/
3. Housing costs - https://ca.movies.yahoo.com/10-surprisingly-affordable-housing-markets-130020778.html
4. Housing - https://www.gobankingrates.com/investing/real-estate/experts-predict-housing-market-in-2022/
5. Carbon tax - https://www.greencarcongress.com/2022/02/20220210-carbontax.html
6. Zero-emitting trucks - https://www.greencarcongress.com/2022/02/20220210-carbontax.html
7. Average mortgage - https://www.businessinsider.com/personal-finance/average-mortgage-payment
8. Biden - https://www.oliverwyman.com/our-expertise/insights/2022/feb/prepare-for-an-increase-in-corporate-restructuring-in-the-us.html
9. Yellen monetary policies - https://www.bnnbloomberg.ca/a-bridge-too-far-bond-market-reels-from-latest-inflation-bomb-1.1721824
10. Interest rates - https://www.pbs.org/newshour/nation/inflation-hits-40-year-high-reinforcing-feds-decision-to-raise-interest-rates
11. Household debt - https://thedeepdive.ca/american-consumers-descend-further-into-debt/
12. Consumer confidence - https://www.usnews.com/news/economy/articles/2022-01-25/consumer-confidence-dips-in-january-but-inflation-concerns-ease-slightly
13. Corporate restructuring - https://www.oliverwyman.com/our-expertise/insights/2022/feb/prepare-for-an-increase-in-corporate-restructuring-in-the-us.html
Summary:
Farm incomes continue to be strong.
AG equipment sales had a banner year in 2021.
More and more farmers will continue to adopt expert farming and sustainable practices when it comes to managing their crop yields.
Agriculture subsidies continue to be a focus area as countries look to expand their AG exports.
1. Crop yields – http://geographical.co.uk/people/development/item/4253-adapt-to-survive
2. Crop insurance and Expert farming - https://www.agri-pulse.com/articles/16975-direct-checks-expected-to-ignite-cover-crop-surge-crop-insurance-may-play-role-too
3. Vertical farming - https://www.hortweek.com/pioneers-shaping-future-vertical-farming/fresh-produce/article/1737366
4. Ag subsidies - https://www.oxfordmartin.ox.ac.uk/blog/meat-and-dairy-gobble-up-farming-subsidies/
5. Trade - https://www.wattagnet.com/articles/44271-now-is-the-time-to-pursue-us-africa-agriculture-trade?v=preview
6. Trade - https://www.livemint.com/news/world/india-to-remove-longstanding-barrier-to-agricultural-trade-say-us-officials-11641858901225.html
7. Food costs - https://www.citizen-times.com/story/news/local/2022/01/13/rising-food-costs-2022-groceries-restaurants-farmers-department-agriculture/9184619002/
8. Inflation - https://ca.movies.yahoo.com/december-inflation-sees-fastest-price-152424665.html
9. Farm income - https://katv.com/news/local/farm-incomes-on-the-rise-fryar-center-predicts-trend-to-continue-in-20
10. Outlook - https://upstreamaginsights.substack.com/p/2022-upstream-ag-insights-outlook or https://www.agriculture.com/news/business/2021-was-a-year-unlike-any-other-for-farm-machinery
11. Automation - https://www.gmpresswire.com/agricultural-robots-market-outlook-by-opportunity-and-demand-analysis-forecast-2026/
12. Fertilizer - https://www.realagriculture.com/2017/12/vervaets-slurry-spreader-features-nir-for-precise-nitrogen-application/
Cost of Living | Canada| December 2021 (Revised for New Housing Price Index a...paul young cpa, cga
Summary:
Inflation continues to be an issue for many Canadians.
Green inflation continues to key part of the rise of inflation
More and more people are being left out of the housing market
1. Average House – https://globalnews.ca/news/8516543/canada-home-sales-record-crea/
2. Lumber prices - https://fortune.com/2022/01/12/lumber-prices-skyrocket-again-weather-sawmill-production-supply-chain/
3. Gasoline – https://www.marketscreener.com/quote/commodity/WTI-2355639/news/Front-Month-Nymex-RBOB-Gasoline-Rose-0-53-to-Settle-at-2-4318-Data-Talk-37578932/
4. Food - https://www.bloomberg.com/opinion/articles/2022-01-16/soaring-food-prices-can-pay-for-a-more-secure-future
5. Top jobs - https://www.ctvnews.ca/canada/these-are-the-most-in-demand-skills-for-canadian-job-seekers-1.5741586 and https://dailyhive.com/vancouver/in-demand-highest-paying-jobscanada-2022
6. Home building - https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html
7. Education - https://www.kenoshanews.com/opinion/columnists/commentary-college-students-aren-t-getting-the-education-they-paid-for-where-s-the-reimbursement/article_66dd9f71-8aa3-56d4-8dc0-45de2fc67e4e.html
8. Rent costs - https://rentals.ca/national-rent-report
9. Shipping - https://rentals.ca/national-rent-report
10. Green Inflation - https://globalnews.ca/news/8508541/canada-green-transition-inflation/
11. Natural gas prices - https://www.naturalgasintel.com/february-natural-gas-called-slightly-higher-as-forecast-outlook-steady-over-weekend/
12. EV range - https://insideevs.com/news/561634/us-median-range-gasoline-bevs/
13. Existing home sales - https://economics.td.com/ca-existing-home-sales
14. Businesses and Inflation - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-businesses-predicting-higher-inflation-through-2023-boc-survey/
Blog – Failure of Trudeaunomics – October 2021
Inflation went from 1% in 2015 to 1.9% in 2019 and now is 4.7% in Oct/21
Public sector jobs continue to outpace the private sector jobs
GDP went from 3.0% in 2017 to 1.6% 2019 (pre-Covid)
Housing prices continue to rise
Welcome to @justinTrudeau ‘s Canada
Summary:
Retail sales were up 2.1% to $57.2 billion in August, led by higher sales at food and beverage stores (+4.8%), gasoline stations (+3.8%), and clothing and clothing accessories stores (+3.9%).
Sales increased in 9 of 11 subsectors, representing 94.6% of retail trade.
Core retail sales—which exclude gasoline stations and motor vehicle and parts dealers—were up 2.7%.
In volume terms, retail sales increased 1.4% in August.
https://www150.statcan.gc.ca/n1/daily-quotidien/211022/dq211022a-eng.htm https://economics.bmo.com/en/publications/detail/966f8e75-adb4-492b-8c14-924733071bb7/
1. Food costs - https://o.canada.com/news/local-news/lower-income-families-most-likely-to-be-pinched-by-rising-food-prices-supply-chain-problems
2. Rising oil and gas prices - https://www.fraserinstitute.org/article/rising-oil-prices-wont-solve-canadas-oil-and-gas-problems
3. Rise of propane costs - https://granthshala.com/skyrocketing-propane-prices-could-mean-trouble-for-some-canadians-this-winter/
4. Inflation has hit a 20-year high - https://dailyhive.com/vancouver/canada-inflation-highest-decades-2021
5. Supply chain - https://ca.sports.yahoo.com/news/sector-grows-manufacturing-dented-supply-091509523.html?src=rss
6. Global inflation - https://ca.news.yahoo.com/absolutely-concern-around-the-globe-over-inflation-accenture-ceo-144813190.html
7. Jobs and climate change - https://www.nationalobserver.com/2021/10/21/news/more-880000-canadian-jobs-vulnerable-global-clean-energy-transition
8. Rent and Wage - https://retail-insider.com/retail-insider/2021/10/cfib/
9. Pandemic - https://thecanadian.news/2021/10/21/how-to-lead-the-retail-trade-in-pandemic/
10. Retail innovation - https://retailtechinnovationhub.com/home/2021/10/22/five-retail-technology-trends-from-digital-fitting-rooms-to-sustainable-shopping
Cost of Living| The United States |Inflation| January 2022paul young cpa, cga
Summary:
U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points interest rate hike from the Federal Reserve next month.
The broad increase in prices reported by the Labor Department on Thursday was led by soaring costs for rents, electricity and food, and could heap more political pressure on President Joe Biden, whose popularity has been declining amid anxiety over the rising cost of living.
High inflation has overshadowed a strong economy, which grew at its fastest pace in 37 years in 2021 and a labor market that is rapidly churning out jobs.
Source - https://ca.finance.yahoo.com/news/u-consumer-prices-rise-strongly-134042040.html
1. Gasoline prices - https://www.news9.com/story/62053a1ca360bf0725484dd0/gas-prices-hit-their-highest-level-in-8-years--heres-whats-driving-the-surge-
2. Food - https://www.freep.com/story/news/local/michigan/2022/02/10/foods-costs-january-consumer-price-index/6733880001/
3. Housing costs - https://ca.movies.yahoo.com/10-surprisingly-affordable-housing-markets-130020778.html
4. Housing - https://www.gobankingrates.com/investing/real-estate/experts-predict-housing-market-in-2022/
5. Carbon tax - https://www.greencarcongress.com/2022/02/20220210-carbontax.html
6. Zero-emitting trucks - https://www.greencarcongress.com/2022/02/20220210-carbontax.html
7. Average mortgage - https://www.businessinsider.com/personal-finance/average-mortgage-payment
8. Biden - https://www.oliverwyman.com/our-expertise/insights/2022/feb/prepare-for-an-increase-in-corporate-restructuring-in-the-us.html
9. Yellen monetary policies - https://www.bnnbloomberg.ca/a-bridge-too-far-bond-market-reels-from-latest-inflation-bomb-1.1721824
10. Interest rates - https://www.pbs.org/newshour/nation/inflation-hits-40-year-high-reinforcing-feds-decision-to-raise-interest-rates
11. Household debt - https://thedeepdive.ca/american-consumers-descend-further-into-debt/
12. Consumer confidence - https://www.usnews.com/news/economy/articles/2022-01-25/consumer-confidence-dips-in-january-but-inflation-concerns-ease-slightly
13. Corporate restructuring - https://www.oliverwyman.com/our-expertise/insights/2022/feb/prepare-for-an-increase-in-corporate-restructuring-in-the-us.html
Summary:
Farm incomes continue to be strong.
AG equipment sales had a banner year in 2021.
More and more farmers will continue to adopt expert farming and sustainable practices when it comes to managing their crop yields.
Agriculture subsidies continue to be a focus area as countries look to expand their AG exports.
1. Crop yields – http://geographical.co.uk/people/development/item/4253-adapt-to-survive
2. Crop insurance and Expert farming - https://www.agri-pulse.com/articles/16975-direct-checks-expected-to-ignite-cover-crop-surge-crop-insurance-may-play-role-too
3. Vertical farming - https://www.hortweek.com/pioneers-shaping-future-vertical-farming/fresh-produce/article/1737366
4. Ag subsidies - https://www.oxfordmartin.ox.ac.uk/blog/meat-and-dairy-gobble-up-farming-subsidies/
5. Trade - https://www.wattagnet.com/articles/44271-now-is-the-time-to-pursue-us-africa-agriculture-trade?v=preview
6. Trade - https://www.livemint.com/news/world/india-to-remove-longstanding-barrier-to-agricultural-trade-say-us-officials-11641858901225.html
7. Food costs - https://www.citizen-times.com/story/news/local/2022/01/13/rising-food-costs-2022-groceries-restaurants-farmers-department-agriculture/9184619002/
8. Inflation - https://ca.movies.yahoo.com/december-inflation-sees-fastest-price-152424665.html
9. Farm income - https://katv.com/news/local/farm-incomes-on-the-rise-fryar-center-predicts-trend-to-continue-in-20
10. Outlook - https://upstreamaginsights.substack.com/p/2022-upstream-ag-insights-outlook or https://www.agriculture.com/news/business/2021-was-a-year-unlike-any-other-for-farm-machinery
11. Automation - https://www.gmpresswire.com/agricultural-robots-market-outlook-by-opportunity-and-demand-analysis-forecast-2026/
12. Fertilizer - https://www.realagriculture.com/2017/12/vervaets-slurry-spreader-features-nir-for-precise-nitrogen-application/
Cost of Living | Canada| December 2021 (Revised for New Housing Price Index a...paul young cpa, cga
Summary:
Inflation continues to be an issue for many Canadians.
Green inflation continues to key part of the rise of inflation
More and more people are being left out of the housing market
1. Average House – https://globalnews.ca/news/8516543/canada-home-sales-record-crea/
2. Lumber prices - https://fortune.com/2022/01/12/lumber-prices-skyrocket-again-weather-sawmill-production-supply-chain/
3. Gasoline – https://www.marketscreener.com/quote/commodity/WTI-2355639/news/Front-Month-Nymex-RBOB-Gasoline-Rose-0-53-to-Settle-at-2-4318-Data-Talk-37578932/
4. Food - https://www.bloomberg.com/opinion/articles/2022-01-16/soaring-food-prices-can-pay-for-a-more-secure-future
5. Top jobs - https://www.ctvnews.ca/canada/these-are-the-most-in-demand-skills-for-canadian-job-seekers-1.5741586 and https://dailyhive.com/vancouver/in-demand-highest-paying-jobscanada-2022
6. Home building - https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html
7. Education - https://www.kenoshanews.com/opinion/columnists/commentary-college-students-aren-t-getting-the-education-they-paid-for-where-s-the-reimbursement/article_66dd9f71-8aa3-56d4-8dc0-45de2fc67e4e.html
8. Rent costs - https://rentals.ca/national-rent-report
9. Shipping - https://rentals.ca/national-rent-report
10. Green Inflation - https://globalnews.ca/news/8508541/canada-green-transition-inflation/
11. Natural gas prices - https://www.naturalgasintel.com/february-natural-gas-called-slightly-higher-as-forecast-outlook-steady-over-weekend/
12. EV range - https://insideevs.com/news/561634/us-median-range-gasoline-bevs/
13. Existing home sales - https://economics.td.com/ca-existing-home-sales
14. Businesses and Inflation - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-businesses-predicting-higher-inflation-through-2023-boc-survey/
Blog – Failure of Trudeaunomics – October 2021
Inflation went from 1% in 2015 to 1.9% in 2019 and now is 4.7% in Oct/21
Public sector jobs continue to outpace the private sector jobs
GDP went from 3.0% in 2017 to 1.6% 2019 (pre-Covid)
Housing prices continue to rise
Welcome to @justinTrudeau ‘s Canada
Summary:
Retail sales were up 2.1% to $57.2 billion in August, led by higher sales at food and beverage stores (+4.8%), gasoline stations (+3.8%), and clothing and clothing accessories stores (+3.9%).
Sales increased in 9 of 11 subsectors, representing 94.6% of retail trade.
Core retail sales—which exclude gasoline stations and motor vehicle and parts dealers—were up 2.7%.
In volume terms, retail sales increased 1.4% in August.
https://www150.statcan.gc.ca/n1/daily-quotidien/211022/dq211022a-eng.htm https://economics.bmo.com/en/publications/detail/966f8e75-adb4-492b-8c14-924733071bb7/
1. Food costs - https://o.canada.com/news/local-news/lower-income-families-most-likely-to-be-pinched-by-rising-food-prices-supply-chain-problems
2. Rising oil and gas prices - https://www.fraserinstitute.org/article/rising-oil-prices-wont-solve-canadas-oil-and-gas-problems
3. Rise of propane costs - https://granthshala.com/skyrocketing-propane-prices-could-mean-trouble-for-some-canadians-this-winter/
4. Inflation has hit a 20-year high - https://dailyhive.com/vancouver/canada-inflation-highest-decades-2021
5. Supply chain - https://ca.sports.yahoo.com/news/sector-grows-manufacturing-dented-supply-091509523.html?src=rss
6. Global inflation - https://ca.news.yahoo.com/absolutely-concern-around-the-globe-over-inflation-accenture-ceo-144813190.html
7. Jobs and climate change - https://www.nationalobserver.com/2021/10/21/news/more-880000-canadian-jobs-vulnerable-global-clean-energy-transition
8. Rent and Wage - https://retail-insider.com/retail-insider/2021/10/cfib/
9. Pandemic - https://thecanadian.news/2021/10/21/how-to-lead-the-retail-trade-in-pandemic/
10. Retail innovation - https://retailtechinnovationhub.com/home/2021/10/22/five-retail-technology-trends-from-digital-fitting-rooms-to-sustainable-shopping
Blog – Dairy Sector – Canada – November 2021
Dairy sector continues to face many challenges due cost of feed and other related input costs.
Dairy prices have not risen as much as other prices.
Liberals continue to fail address issues like the impact of the carbon tax on agriculture out and food production.
1. Rising feed prices - https://www.thebeefsite.com/news/57977/canadian-farmers-face-serious-feed-shortages/
2. Oatly - https://ca.news.yahoo.com/oatly-ads-banned-making-misleading-000100110.html
3. Fertilizer - https://www.thedailyscoop.com/news/retail-industry/how-todays-fertilizer-prices-could-reshape-industry
4. Butter production - https://www.foodbusinessnews.net/articles/20477-butter-prices-soar-to-multi-year-highs
5. Higher input costs - https://www.newsbug.info/iroquois_countys_times-republic/news/agriculture/farmers-dealing-with-dramatically-higher-input-costs/article_e5f4b953-424e-5735-bf47-3e8f5cc8c8a6.html
6. Drought - https://www.reuters.com/world/americas/canadian-farmers-face-cattle-feed-shortage-due-drought-transport-strains-2022-01-25/
7. Potato - https://www.thestar.com/news/world/2022/01/25/is-canada-fighting-a-trade-war-against-its-own-potato-farmers.html
8. Cybersecurity - https://www.canadiancattlemen.ca/daily/farm-cybersecurity-campaign-seeks-farmer-input/
9. Food exports - https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/012422-canadas-common-wheat-exports-rise-63-on-week-durum-wheat-shipments-fall
10. AG and China - https://ipolitics.ca/2022/01/21/chinese-ambassador-pitches-improved-trade-to-western-canada/
11. Food security - https://globalnews.ca/news/8532207/canada-grocery-stores-food-supply-prices/
Canada’s Jan/22 inflation of 5.1% is the highest since 1991. You can bet the @JustinTrudeau will blame the trucker's protest for the high inflation and not his carbon tax or high taxes or excessive regulation or overspending or other areas of policies!
Summary:
Governments around the world need to restore confidence in themselves by removing mandates - https://www.usnews.com/news/health-news/articles/2022-02-09/new-york-joins-growing-list-of-states-removing-mask-mandates-in-new-phase-of-covid-19-pandemic
Eco-terrorism has been on the rise for many years. More and more groups are looking at ways to disrupt the flow commerce through their blockades and other means. The problem is many governments like Justin Trudeau turn a blind eye to blockades unless supports their narrative. https://www.france24.com/en/live-news/20220218-violent-attack-by-protesters-at-canadian-pipeline-worksite
The private sector will continue spend money to protect their various locations. https://www.marketwatch.com/press-release/private-security-services-market-size-2022-by-company-regions-and-applications-development-trends-future-growth-business-share-prospects-with-covid-19-impact-forecast-to-2025-2022-02-04
More needs to be done to protect the environment while growing the economy in a sustainable way - https://www.slideshare.net/paulyoungcga/how-the-public-and-private-sector-can-better-supoort-the-circular-and-green-economies
1. Top eco-terrorism threats – https://www.dailymail.co.uk/news/article-10528525/Trudeau-ignores-violent-terrorism-20-eco-terrorists-axes-surround-Gaslink-pipeline-workers.html
2. Threats - https://globalriskinsights.com/2022/01/top-11-geopolitical-risks-for-2022/
3. Insurance - https://www.insurancejournal.com/magazines/mag-features/2022/02/07/652540.htm
4. Police costs - https://www.sudbury.com/beyond-local/more-than-14-million-spent-on-trucker-convoy-protests-ottawa-police-services-board-5069312
5. Forest fires - https://www.nbclosangeles.com/news/california-wildfires/man-charged-arson-whittier-brush-fire-wildfires/2826275/
6. Supply chain - https://www.macdonaldlaurier.ca/canada-critical-global-supply-chain/
7. Green - https://economictimes.indiatimes.com/news/india/foreign-secretary-suggests-european-states-to-avoid-debt-traps-build-eco-linkages/articleshow/89046595.cms?from=mdr
8. Funding and protests - https://www.cbc.ca/news/opinion/opinion-climate-activist-terrorist-hero-1.6237005
9. Climate activism - https://www.cbc.ca/news/opinion/opinion-climate-activist-terrorist-hero-1.6237005
10. BC Gas link - https://westernstandardonline.com/2022/02/political-leaders-call-out-trudeau-for-ignoring-eco-terrorism-at-bc-coastal-gaslink-site/
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/
@justinTrudeau has no clue about inflation - Sep/19 also seen higher inflation compared to Oct/15 but there was no comment from you back in Sep/19, why? https://www.slideshare.net/paulyoungcga/2019-election-cost-of-living-canada-june-2019
Inflation was rising way before COVID19, and Trudeau were warned about policies like carbon taxes.
BTW: I love seeing Trudeau getting angry as it shows that he cannot answer questions without the appropriate word salad as a way to say people are picking on him
USA hit a record $89B trade deficit in January 2022
China continues to lag on their trade agreements with the United States
USA is looking at dealing with despot countries as part of fixing issues with oil supplies - https://www.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html. Both Canada and USA should be focus on increasing domestic production - https://www.slideshare.net/paulyoungcga/what-is-next-for-oil-and-gas-251300497
Russia is world leader in the critical metals. https://eandt.theiet.org/content/articles/2022/03/rare-earth-metal-prices-will-skyrocket-as-ukraine-russia-tensions-continue/
What is up with Pensions and Savings for Canada and the World paul young cpa, cga
Summary:
Stock markets have been in a bull market for a year or so. There are concerns with market returns for 2022 as they could be 4-5% range.
Overall health of pensions plans is very good, but there are plans that still have solvency issues that need to be address by state, local, and federal government
All levels of government need to revisit their pension funding including tying the matching to 4-5% instead of 9-15% range. Compensation reforms must be part of the fiscal management cycle for all levels of government.
High inflation is also playing a key role with household budgets along with skyrocketing housing costs. There could be less disposable income that will be allocated to either savings or RRSPs.
Many different groups will write paper and/or articles on government from their perspective. It is important for readers to review all sources when it comes to debating various government policies
Justin Trudeau constantly calls out the Harper era like he did in 2015. The problem is Trudeau never discuss details as the details tell a different picture.
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 needs to be done to mitigate forest fires caused by natural events.
All levels of government need to work together on a land-use strategy for urban and rural planning
Canada has some of the best forestry practices in the world!
Canada emissions per square km is ranked as one of the best in the world.
Lumber prices continue to be very volatile!
More needs to be done to mitigate the impact of forest and wildfires.
All levels of government need to redefine their land use policies.
Trees are a natural carbon sink. Canada has large portion of its land made up of vegetation like forests.
What is next for Lumber Production and Forestry Management - May 2022.pptxpaul young cpa, cga
Blog – Forestry Management and Lumber Production – Canada – May 2022
Canada lumber production was up 7% in May 2022 from April 2022
Businesses along with provincial governments continue to be upset with the handling of the softwood lumber disputes
The Trudeau plan of 2B trees continues to face many challenges
Private sector continues to plant trees
Blog – Dairy Sector – Canada – November 2021
Dairy sector continues to face many challenges due cost of feed and other related input costs.
Dairy prices have not risen as much as other prices.
Liberals continue to fail address issues like the impact of the carbon tax on agriculture out and food production.
1. Rising feed prices - https://www.thebeefsite.com/news/57977/canadian-farmers-face-serious-feed-shortages/
2. Oatly - https://ca.news.yahoo.com/oatly-ads-banned-making-misleading-000100110.html
3. Fertilizer - https://www.thedailyscoop.com/news/retail-industry/how-todays-fertilizer-prices-could-reshape-industry
4. Butter production - https://www.foodbusinessnews.net/articles/20477-butter-prices-soar-to-multi-year-highs
5. Higher input costs - https://www.newsbug.info/iroquois_countys_times-republic/news/agriculture/farmers-dealing-with-dramatically-higher-input-costs/article_e5f4b953-424e-5735-bf47-3e8f5cc8c8a6.html
6. Drought - https://www.reuters.com/world/americas/canadian-farmers-face-cattle-feed-shortage-due-drought-transport-strains-2022-01-25/
7. Potato - https://www.thestar.com/news/world/2022/01/25/is-canada-fighting-a-trade-war-against-its-own-potato-farmers.html
8. Cybersecurity - https://www.canadiancattlemen.ca/daily/farm-cybersecurity-campaign-seeks-farmer-input/
9. Food exports - https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/012422-canadas-common-wheat-exports-rise-63-on-week-durum-wheat-shipments-fall
10. AG and China - https://ipolitics.ca/2022/01/21/chinese-ambassador-pitches-improved-trade-to-western-canada/
11. Food security - https://globalnews.ca/news/8532207/canada-grocery-stores-food-supply-prices/
Canada’s Jan/22 inflation of 5.1% is the highest since 1991. You can bet the @JustinTrudeau will blame the trucker's protest for the high inflation and not his carbon tax or high taxes or excessive regulation or overspending or other areas of policies!
Summary:
Governments around the world need to restore confidence in themselves by removing mandates - https://www.usnews.com/news/health-news/articles/2022-02-09/new-york-joins-growing-list-of-states-removing-mask-mandates-in-new-phase-of-covid-19-pandemic
Eco-terrorism has been on the rise for many years. More and more groups are looking at ways to disrupt the flow commerce through their blockades and other means. The problem is many governments like Justin Trudeau turn a blind eye to blockades unless supports their narrative. https://www.france24.com/en/live-news/20220218-violent-attack-by-protesters-at-canadian-pipeline-worksite
The private sector will continue spend money to protect their various locations. https://www.marketwatch.com/press-release/private-security-services-market-size-2022-by-company-regions-and-applications-development-trends-future-growth-business-share-prospects-with-covid-19-impact-forecast-to-2025-2022-02-04
More needs to be done to protect the environment while growing the economy in a sustainable way - https://www.slideshare.net/paulyoungcga/how-the-public-and-private-sector-can-better-supoort-the-circular-and-green-economies
1. Top eco-terrorism threats – https://www.dailymail.co.uk/news/article-10528525/Trudeau-ignores-violent-terrorism-20-eco-terrorists-axes-surround-Gaslink-pipeline-workers.html
2. Threats - https://globalriskinsights.com/2022/01/top-11-geopolitical-risks-for-2022/
3. Insurance - https://www.insurancejournal.com/magazines/mag-features/2022/02/07/652540.htm
4. Police costs - https://www.sudbury.com/beyond-local/more-than-14-million-spent-on-trucker-convoy-protests-ottawa-police-services-board-5069312
5. Forest fires - https://www.nbclosangeles.com/news/california-wildfires/man-charged-arson-whittier-brush-fire-wildfires/2826275/
6. Supply chain - https://www.macdonaldlaurier.ca/canada-critical-global-supply-chain/
7. Green - https://economictimes.indiatimes.com/news/india/foreign-secretary-suggests-european-states-to-avoid-debt-traps-build-eco-linkages/articleshow/89046595.cms?from=mdr
8. Funding and protests - https://www.cbc.ca/news/opinion/opinion-climate-activist-terrorist-hero-1.6237005
9. Climate activism - https://www.cbc.ca/news/opinion/opinion-climate-activist-terrorist-hero-1.6237005
10. BC Gas link - https://westernstandardonline.com/2022/02/political-leaders-call-out-trudeau-for-ignoring-eco-terrorism-at-bc-coastal-gaslink-site/
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/
@justinTrudeau has no clue about inflation - Sep/19 also seen higher inflation compared to Oct/15 but there was no comment from you back in Sep/19, why? https://www.slideshare.net/paulyoungcga/2019-election-cost-of-living-canada-june-2019
Inflation was rising way before COVID19, and Trudeau were warned about policies like carbon taxes.
BTW: I love seeing Trudeau getting angry as it shows that he cannot answer questions without the appropriate word salad as a way to say people are picking on him
USA hit a record $89B trade deficit in January 2022
China continues to lag on their trade agreements with the United States
USA is looking at dealing with despot countries as part of fixing issues with oil supplies - https://www.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html. Both Canada and USA should be focus on increasing domestic production - https://www.slideshare.net/paulyoungcga/what-is-next-for-oil-and-gas-251300497
Russia is world leader in the critical metals. https://eandt.theiet.org/content/articles/2022/03/rare-earth-metal-prices-will-skyrocket-as-ukraine-russia-tensions-continue/
What is up with Pensions and Savings for Canada and the World paul young cpa, cga
Summary:
Stock markets have been in a bull market for a year or so. There are concerns with market returns for 2022 as they could be 4-5% range.
Overall health of pensions plans is very good, but there are plans that still have solvency issues that need to be address by state, local, and federal government
All levels of government need to revisit their pension funding including tying the matching to 4-5% instead of 9-15% range. Compensation reforms must be part of the fiscal management cycle for all levels of government.
High inflation is also playing a key role with household budgets along with skyrocketing housing costs. There could be less disposable income that will be allocated to either savings or RRSPs.
Many different groups will write paper and/or articles on government from their perspective. It is important for readers to review all sources when it comes to debating various government policies
Justin Trudeau constantly calls out the Harper era like he did in 2015. The problem is Trudeau never discuss details as the details tell a different picture.
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 needs to be done to mitigate forest fires caused by natural events.
All levels of government need to work together on a land-use strategy for urban and rural planning
Canada has some of the best forestry practices in the world!
Canada emissions per square km is ranked as one of the best in the world.
Lumber prices continue to be very volatile!
More needs to be done to mitigate the impact of forest and wildfires.
All levels of government need to redefine their land use policies.
Trees are a natural carbon sink. Canada has large portion of its land made up of vegetation like forests.
What is next for Lumber Production and Forestry Management - May 2022.pptxpaul young cpa, cga
Blog – Forestry Management and Lumber Production – Canada – May 2022
Canada lumber production was up 7% in May 2022 from April 2022
Businesses along with provincial governments continue to be upset with the handling of the softwood lumber disputes
The Trudeau plan of 2B trees continues to face many challenges
Private sector continues to plant trees
What is next for the Forestry Sector and Lumber Production - August 2022.pptxpaul young cpa, cga
Blog – Forestry Sector and Lumber Production – Canada – September 2022
Canada lumber production was down 10% in July 2022 from August 2022
Housing costs continue to be an issue for many Canadians
More needs to be done to mitigate the threat of both wildfires and forest fires.
What is next for the Forestry Sector - February 2022.pptxpaul young cpa, cga
Lumber prices continue to impact cost of housing
More needs to be done to mitigate the threats from forest fires
Canada continues to be a world leader in sustainable forest practices - https://www.todayville.com/12-facts-showing-canada-world-class-forestry-sector/
Summary:
Lumber production in Canada is still down 10% since Sept/19 and about 25% since Oct/15
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 20218. It is now 2022 which means close 2M seedlings have been planted.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
Canada forestry sector is key sector to the Canadian Economy
Canada forestry sector has faced protectionism policies - https://www.canadianmanufacturing.com/financing/canfor-to-curtail-operations-at-all-but-one-of-its-sawmills-in-british-columbia-234114/
The federal government under Justin Trudeau has done little to support the forestry sector.
Forest Management world-wide crisis
The world depends on its forest as part of managing the CO2 as part of the overall environment. This presentation looks at different angles when it comes to managing the forests.
Forests play a key role in the earth's climate as such it is very important for countries around the world to develop sustainable forestry management practices.
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
Canada| Natural Resources| Forestry Sector| June 2020| What's Nextpaul young cpa, cga
Here is a deep dive into issues facing the forestry sector in Canada as well as around the world. The presentation includes solutions as part of better forestry management practices.
What is next for the Forestry Sector and Lumber Production - July 2023.pptxpaul young cpa, cga
Blog – What is next for the Forestry Sector – July 2023
U.S. sawmills in March produced 3.392 billion board ft. (bbf) of softwood lumber, a decrease of 2.3% from March 2022, but up 20.2% compared with February 2023’s 2.823 bbf, according to the Western Wood Products Assn.’s Lumber Track report for March, dated June 7.
Western U.S. sawmills in March contributed 1.209 bbf to the total, down 11.9% from the prior year’s 1.372 bbf, while output from Southern sawmills rose 4.4% year-over-year to 2.031 bbf from 1.946 bbf. Compared with February, Western and Southern sawmill production increased 20.7% and 19.9%, respectively.
Apparent U.S. softwood lumber consumption in March was 4.573 bbf, down 4.4% from 4.785 bbf in March 2022 but 17.5% higher than 3.893 bbf in February.
Source - https://www.farmprogress.com/business/u-s-lumber-prices-seen-extending-losses-as-sawmills-ramp-up or https://www.scrapmonster.com/news/us-sawmills-produce-less-softwood-lumber-in-march/1/88163
Additional sources and links:
Lumber prices - https://www.lesprom.com/en/news/Canadian_lumber_production_down_6_1_in_April_108551/
Lumber prices - https://hardlines.ca/gp_dailynews/lumber-prices-climb-in-june/
Housing starts - https://www.bnnbloomberg.ca/labour-shortage-in-construction-adding-extra-pressure-to-housing-supply-gap-experts-1.1941272
ESG - https://www.rayonier.com/stories/how-forestry-companies-prove-theyre-sustainable/
Home renovations outlook - https://home.barclays/news/press-releases/2023/07/homeowners-put-off-energy-efficiency-upgrades-due-to-misconcepti/
Technology - https://www.woodbusiness.ca/metsa-group-collectivecrunch-unveil-ai-solution-for-forest-health-monitoring/
What is next for the Forestry Sector and Lumber Production - August 2023.pptxpaul young cpa, cga
Blog – What is next for the Forestry Sector – August 2023
Summary:
Over the last 7 days, the Paper and Forestry Products industry has dropped 5.6%, driven by a pullback from West Fraser Timber of 7.4%. The industry has fallen 4.5% in the last year. Looking forward, earnings are forecast to grow by 38% annually.
Source - https://simplywall.st/markets/ca/materials/paper-forestry-products
Other links and sources:
Wildfires - https://www.devdiscourse.com/article/science-environment/2546682-canadian-wildfire-emissions-double-previous-record-as-flames-rage-on
Curtailment - https://biv.com/article/2023/08/lumber-prices-stabilize-demand-softwood-remains-strong
Log management - https://www.prnewswire.com/news-releases/trimble-launches-new-cloud-based-version-of-its-log-inventory-and-management-system-for-forestry-301883000.html
Housing starts - https://www.constructconnect.com/construction-economic-news/housing-starts-versus-economic-orthodoxy
Hardware - https://www.ibisworld.com/canada/market-research-reports/hardware-stores-industry/
Forestry and AI - https://www.woodbusiness.ca/metsa-group-collectivecrunch-unveil-ai-solution-for-forest-health-monitoring/
Construction - https://www.slideshare.net/paulyoungcga/construction-spending-and-outlook-the-usa-and-the-world-july-2023-analysis-and-commentarypptx
Home Depot - https://www.bnnbloomberg.ca/home-depot-cuts-outlook-as-softening-demand-hits-sales-1.1920802
Drones - https://goodmenproject.com/featured-content/new-tree-tech-cutting-edge-drones-give-reforestation-a-helping-hand/
Technology - https://www.roboticsbusinessreview.com/sponsored-content/cloud-ground-control/how-uncrewed-vehicles-are-assisting-in-combating-climate-change/
Similar to What is next for the Forestry Sector? (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 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
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
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
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.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
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.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
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 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
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.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
1. What is happening to
World’s forest?
Paul Young CPA CGA
February 7, 2022
2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. Agenda
• Commodity Prices
• Global Housing Market
outlook
• Housing Starts – North
America
• Merchandise Trade
• Wages / Forestry Sector
• Employment
• Issues facing Forestry
• Justin Trudeau and the
Forestry Sector
• Technology and Forestry Sector
• West Fraser and Forestry
• Carbon Sink
• Government Cutbacks and
Global deforestation
Poor urban planning
Eco-Terrorism
Automation / Forestry Management
Siberia
Forest Fires
California / Fires
3D Housing
What’s next
4. Commodity Prices
Source - https://www.scotiabank.com/ca/en/about/global-economics/commodity-price-index.html or
https://tradingeconomics.com/commodity/lumber
“Softwood lumber prices slowly recover from
recent lows: May 2019”
Source - https://www.woodbusiness.ca/softwood-
lumber-prices-slowly-recover-from-recent-lows-
may-2019/
Source
https://us.spindices.com/indices/
commodities/sp-gsci
8. Forestry Sector (Wages)
Source - https://www.livingin-canada.com/salaries-for-forestry-professionals-canada.html or
https://www150.statcan.gc.ca/n1/daily-quotidien/190530/dq190530a-eng.htm
Average wages annually $52,800/year
• Forestry Sector pays between 25% to
70% higher wages than the service
sector
• Forestry sector personal income tax
ranges are between 35% to 40%
10. Issue facing Forestry
• Softwood Lumber dispute - https://www.bnnbloomberg.ca/economics/video/overall-impact-of-softwood-lumber-dispute-minimal-for-
canada-economist~1108540 or https://www.globalwoodmarketsinfo.com/canada-has-filed-appeal-against-wtos-april-ruling-in-softwood-
lumber-dispute-with-us/
• Carbon Tax – Carbon tax is added on to the cost of production https://www.bnnbloomberg.ca/commodities/video/applying-carbon-tax-
without-cutting-back-regulations-may-be-costly-jack-mintz~1649746
• High stumpage cost - https://www.timescolonist.com/business/teal-jones-shuts-down-logging-in-honeymoon-bay-citing-high-log-costs-
1.23841024
• Hydro Rates - https://www.drydennow.com/local/rickford-aims-to-cut-costs-for-forestry-sector
• Excessive regulations - http://www.chamber.ca/media/news-releases/Canada-competiveness-ranking-drops-4-spots-in-2-years/
• Small business tax reforms - https://www.bnnbloomberg.ca/economics/video/cfib-concerned-by-potential-tax-hits-to-small-businesses-
in-2019~1560874
• Forestry losses - https://www.wri.org/blog/2020/06/global-tree-cover-loss-data-2019
• PBO / Tree Fund - https://www.570news.com/2021/01/28/liberals-two-billion-trees-promise-to-cost-2-78-billion-more-than-planned-pbo-
says/
11. Technology / Forestry Sector
Source - https://www.woodbusiness.ca/how-technology-is-transforming-bcs-forest-industry-
5248/
• Investment into new technologies is revolutionizing the way Canada’s forest industry does business.
The federal government reports between 2005 and 2015, Canada’s forest industry cut its total energy use
by 31 per cent and reduced its greenhouse gas emissions by 49 per cent by generating bioenergy from
waste products and increasing energy efficiency.
• AI and Forestry - https://www.weforum.org/agenda/2018/09/ai-can-help-us-map-forests-down-to-
each-tree/
• Automation - https://www.woodbusiness.ca/fully-automated-applying-robotic-solutions-to-the-
sawmill/
• Supply Chain/Digital = https://www.poyry.com/news/articles/how-will-digitalisation-boost-
forestry-operations
• Analytics and Forestry Management - https://www.ibmbigdatahub.com/tag/6399
16. Eco-Terrorism and other ignition points
There has been a rise in eco-terrorism
• Australia bushfires - https://www.bbc.com/news/world-australia-50568026
• BC Wildfires - https://vancouversun.com/news/local-news/rcmp-say-arson-behind-29-okanagan-
wildfires-over-last-four-years
• Amazon - https://www.washingtonpost.com/world/the_americas/arsonists-are-torching-the-
amazon-this-elite-team-of-firefighters-stands-in-their-way/2019/10/08/525330f4-d8a8-11e9-a688-
303693fb4b0b_story.html
• California Appl Fire caused by a poorly maintained car -
https://www.mercurynews.com/2020/08/04/apple-fire-at-26450-acres-relief-crews-for-weary-
firefighters-arriving/
• Oregon Fires - https://ktvz.com/news/fire/2020/07/28/three-suspicious-la-pine-area-wildfires-
investigated-as-arson-tips-sought/
Source - https://www.slideshare.net/paulyoungcga/is-the-world-headed-to-more-ecoterrorism
17. Forestry Fires
Fire was purposely set/Eco-Terrorism
San Jose Fire/Cal Fire
Power Lines
Balloon collides with power line that sent sparks to
the ground
• Mitigation
• More insulation of wires - https://energized.edison.com/stories/insulated-wires-help-reduce-wildfire-
risk
• Use of AI and Data Analytics in terms of forest prevention/detection
18. Governmen
t Cutbacks
/
Environme
nt/ Audits
• Could it be the cuts in key areas along with poor urban planning makes the narrative for the govt
look good in terms pro climate change?
https://www.slideshare.net/paulyoungcga/urban-planning-issues-facing-urban-planners-april-
2019 or https://www.slideshare.net/paulyoungcga/forest-management-practices-world-april-2019
or https://www.slideshare.net/paulyoungcga/environment-canada-whats-next
• Lack of a flood map - https://www.insurancebusinessmag.com/ca/opinion/updated-flood-maps-
coming-to-canada-78259.aspx
• Rail and Fire - https://www.cbc.ca/news/canada/sudbury/ontario-government-sues-cn-rail-for-
millions-in-firefighting-costs-1.2927083?fbclid=IwAR2_hehuCPiCxUrKa16hfbVhf1JXOT-
tkwRrNNTZwPu8FFnUxgVVLYx3198
• Parks Canada - https://www.hellulandnews.com/science/2017/8/21/the-failure-of-parks-canada
• Budget cuts – Feds - https://nationalpost.com/news/politics/federal-government-cutting-back-on-
disaster-assistance-as-floods-become-more-severe
• PQ Floods = https://www.theglobeandmail.com/news/national/quebec-floods-recede-but-
competing-demands-fill-prevention-debate/article34981361/
• Wildfire mgmt. https://edmontonjournal.com/news/politics/alberta-premier-rachel-notley-
defends-cut-in-wildfire-budget
• Auditor/Tree planting - https://globalnews.ca/news/5201294/ontario-government-cancels-tree-
planting-
program/beta/?utm_expid=.kz0UD5JkQOCo6yMqxGqECg.1&utm_referrer=https%3A%2F%2Fww
w.google.com%2F “A spokeswoman for Natural Resources and Forestry Minister John
Yakabuski said the government is committed to balancing the budget in a responsible
manner. Justine Lewkowicz said in a statement that the forestry industry, which depends on a
sustainable supply of wood, is a responsible steward of the province’s forests. On average, the
forestry industry plants 68 million trees per year, creating jobs for foresters, nurseries, and
tree planters,” she wrote.” – This was make work project that never generated the benefits
19. Automation
• Using drones to plant trees - https://www.nextbigfuture.com/2020/06/flash-
forest-and-tree-planting-with-
drones.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed
%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
• Innovation / planting - https://www.fastcompany.com/90504789/these-drones-
can-plant-40000-trees-in-a-month-by-2028-theyll-have-planted-1-billion
• Tree Planting / Drones -
https://www.standard.co.uk/news/world/treeplanting-drones-could-help-
restore-world-s-forests-a4116376.html
20. Canada Boreal Forest
• Canada’s boreal forest make up 9% of the world forest -
https://www.nrcan.gc.ca/our-natural-resources/forests-
forestry/how-much-forest-does-canada-have/17601
22. Forest Fires – BC and California
https://www.linkedin.com/posts/paul-young-055632b_blog-forestry-management-and-california-
activity-6703181159909724160-qWzg
I think all levels of government need to take a hard look at how they managed their forest to mitigate
the impacts of wildfires
23. Audits
• Significant financial-control weaknesses / NS Forestry and Land -
https://globalnews.ca/news/6095967/nova-scotia-auditor-general-financial-report/
• Forestry Management / City of Toronto -
https://globalnews.ca/news/5221912/toronto-forestry-crews-audit/
• Audit – Clear Cut and Water Management - https://thenarwhal.ca/muddied-waters-
how-clearcut-logging-is-driving-a-water-crisis-in-b-c-s-interior/
• Tree planning / Corporations - https://www.terracestandard.com/news/skeena-
sawmills-in-terrace-contracts-local-firms-for-2020-reforestation-projects/
• Timber Audits -
https://www2.gnb.ca/content/gnb/en/news/news_release.2020.10.0543.html
• Australia - https://www.smh.com.au/environment/conservation/multiple-problems-
with-state-logging-agency-damning-audit-reveals-20201008-p563dj.html
24. California / Fires
Source - https://www.latimes.com/california/story/2020-09-11/california-wildfires-climate-change-gavin-
newsom-trump
• California has done poor job with management of its forests - With CA ablaze, Newsom blasts Trump admin
for failing to fight climate change Source - https://wattsupwiththat.com/2019/05/14/californias-government-
solely-responsible-for-states-forest-management-and-wildfire-debacle/
It is time to for governments to bring in better forest mgmt. practices
• https://www.slideshare.net/paulyoungcga/fiscal-and-economic-management-state-and-local-government-
united-states
25. Blog - COP26 deforestation deal key to slowing climate change, but
Canada must tackle issues of carbon accounting and industry
@forestecogrp
For this commitment to have a meaningful impact, Canada must continue with reforestation and prioritize
protection of its intact, primary forests. We can hope the Trudeau government will use this commitment as a
push to rapidly transition away from extractive practices toward more sustainable economic activities, and
dovetail these efforts with the goals of conservation and reconciliation.
https://www.canadianmanufacturing.com/features/cop26-deforestation-deal-key-to-slowing-climate-change-
but-canada-must-tackle-issues-of-carbon-accounting-and-industry/
Oil sands restore the land back to its normal state – https://www.canadianenergycentre.ca/oil-sands-
producers-team-up-to-plant-more-than-five-million-trees/
Tree planting - https://www.newswire.ca/news-releases/forests-ontario-plants-2-8-million-trees-this-
planting-season-800757167.html
The provincial government have slashed their forestry budgets
Canada is a carbon sink! https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-
change-october-2021-250548062
26. LPC / Tree Planting
• https://tnc.news/2020/11/02/government-says-no-plan-or-budget-for-trudeaus-two-billion-trees-
promise/
More lies from the Liberals under @JustinTrudeau and @cafreeland when it comes to the
environment
Here is my work on the environment - https://www.slideshare.net/paulyoungcga/clean-technology-
and-the-green-economy-what-is-next (see slide 53 and 57)
27. Latest / Softwood Lumber
• Duties – Softwood - https://www.supplypro.ca/canada-calls-us-softwood-
lumber-duties-unfair/
• USA Commerce and Softwood Lumber -
https://www.woodworkingnetwork.com/news/woodworking-industry-
news/commerce-lowers-canadian-softwood-lumber-duties-reactions-mixed
• USA and Trade - https://biv.com/article/2020/11/biden-will-be-better-
canadian-resource-exports-analysts-say
29. What’s next
• All level of governments need to work on integrated strategy for Forestry including streamlining regulations, tax fairness, hydro, fees, etc. -
https://www.slideshare.net/paulyoungcga/2019-election-canada-and-global-competitiveness-may-2019
• GDP - https://www2.slideshare.net/paulyoungcga/gdp-and-fiscal-management-canada-september-2020
• Next government needs to push for reforms at WTO including a better dispute mechanism, reduction in protectionism policies, etc. -
https://www.slideshare.net/paulyoungcga/why-do-we-need-the-wto
• The next government needs to stop looking for ways to tax business, i.e. carbon tax or plastic tax or other taxes. – There is a need to reform government -
https://www.slideshare.net/paulyoungcga/how-to-reform-local-and-municipal-government
• More balance to support natural resources in a sustainable way - GDP growth pre-COVID was running at 2.0% which is about the same rate as the past 20 years -
https://www.slideshare.net/paulyoungcga/canada-slow-growth-liberal-party-of-canada-december-7-2016 Trudeau introduce policies that did little to get goods to market or
support small business - https://www.slideshare.net/paulyoungcga/canada-whats-next-for-small-business or https://www.slideshare.net/paulyoungcga/canada-natural-
resources-sector-whats-next
• The next government needs to focus on port expansion as part of supporting getting goods to market.
• Investors - https://www.thewhig.com/commodities/agriculture/investors-skittish-on-lumber-companies-despite-record-prices/wcm/390e2df1-e966-4ac5-a307-
99b6a3a84667?video_autoplay=true
• Thinning trees - https://www.marketwatch.com/story/better-forest-management-means-thinning-trees-and-will-cost-billions-of-dollars-11602685924
• Climate activism focus on the worse scenarios to push their agenda - https://www.slideshare.net/paulyoungcga/canada-clean-technolgy-and-the-green-economy or
https://www.slideshare.net/paulyoungcga/the-real-truth-about-emissions-and-carbon-taxation
• All Governments need to re-look at their forest management practices - https://www.pewtrusts.org/en/research-and-analysis/reports/2020/05/how-states-pay-for-natural-
disasters-in-an-era-of-rising-costs
• BC - https://www.thestar.com/news/canada/2020/10/15/horgan-commits-to-paradigm-shift-in-old-growth-forest-management.html
• Quebec / Forest Management - https://www.woodbusiness.ca/mei-quebecs-forest-management-is-leaving-money-on-the-table/
Editor's Notes
To change the image on this slide, select the picture and delete it. Then click the Pictures icon in the placeholder to insert your own image.
Source - https://www.globalwoodmarketsinfo.com/topic/price-analysis-and-info/
Source e- https://www.woodbusiness.ca/global-lumber-trade-increased-in-march-2020-despite-covid-19/ or https://www.nasdaq.com/market-activity/commodities/lbs