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.
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.
Revised Housing and Homelessness for Canada and the World paul young cpa, cga
Summary:
Home prices have surged worldwide due to fiscal stimulus and monetary easing to help counter the economic fallout from rising COVID-19 cases. But the outlook for housing markets is now murky as the U.S. Federal Reserve and other central banks lean toward tightening policies to combat higher inflation.
Source - https://asia.nikkei.com/Spotlight/Datawatch/World-s-red-hot-housing-markets-brace-for-interest-rate-hikes
Affordable Housing and Homelessness - Canada and the Worldpaul young cpa, cga
Summary:
Average housing price in Canada is close to 800K.
Mortgage debt continues to increase at a faster pace than inflation
People continue to invest into their homes - https://www.furnituretoday.com/research-and-analysis/houzz-report-gives-outlook-on-q1-2022-home-renovation-design/
Construction prices continue to rise - https://ontarioconstructionnews.com/construction-industry-facing-perfect-storm-of-rising-costs-altus-group/
1. Housing affordability - https://www.mondaq.com/canada/real-estate/1161462/ontario39s-housing-affordability-task-force-urges-major-reforms-to-approvals-process-for-residential-development
2. Construction costs - https://www.marketwatch.com/investing/index/djuscn?countrycode=xx
3. Household debt - https://www.creditcanada.com/blog/state-of-canadian-household-debt
4. Housing bubble - https://survivingtomorrow.org/canadas-real-estate-market-is-a-giant-pyramid-scheme-832ea0364c68
5. Urban - https://building.ca/rural-population-growth-concentrated-near-urban-centres/
6. Housing innovation - https://www.archdaily.com/963686/the-same-technology-that-will-allow-us-to-address-housing-challenges-on-earth-will-allow-us-to-venture-off-to-space-interview-with-jason-ballard-of-icon
7. Property tax - https://blackburnnews.com/midwestern-ontario/midwestern-ontario-news/2022/02/15/owen-sound-residents-face-tax-increase/
8. Mortgage - https://www.bloombergquint.com/onweb/canadians-pile-into-mortgage-debt-at-fastest-pace-in-a-decade
9. Millennials - https://fortune.com/2022/02/09/millennials-feel-screwed-housing-market-majority-have-major-regrets/
10. Insurance - https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/
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/
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.
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.
Revised Housing and Homelessness for Canada and the World paul young cpa, cga
Summary:
Home prices have surged worldwide due to fiscal stimulus and monetary easing to help counter the economic fallout from rising COVID-19 cases. But the outlook for housing markets is now murky as the U.S. Federal Reserve and other central banks lean toward tightening policies to combat higher inflation.
Source - https://asia.nikkei.com/Spotlight/Datawatch/World-s-red-hot-housing-markets-brace-for-interest-rate-hikes
Affordable Housing and Homelessness - Canada and the Worldpaul young cpa, cga
Summary:
Average housing price in Canada is close to 800K.
Mortgage debt continues to increase at a faster pace than inflation
People continue to invest into their homes - https://www.furnituretoday.com/research-and-analysis/houzz-report-gives-outlook-on-q1-2022-home-renovation-design/
Construction prices continue to rise - https://ontarioconstructionnews.com/construction-industry-facing-perfect-storm-of-rising-costs-altus-group/
1. Housing affordability - https://www.mondaq.com/canada/real-estate/1161462/ontario39s-housing-affordability-task-force-urges-major-reforms-to-approvals-process-for-residential-development
2. Construction costs - https://www.marketwatch.com/investing/index/djuscn?countrycode=xx
3. Household debt - https://www.creditcanada.com/blog/state-of-canadian-household-debt
4. Housing bubble - https://survivingtomorrow.org/canadas-real-estate-market-is-a-giant-pyramid-scheme-832ea0364c68
5. Urban - https://building.ca/rural-population-growth-concentrated-near-urban-centres/
6. Housing innovation - https://www.archdaily.com/963686/the-same-technology-that-will-allow-us-to-address-housing-challenges-on-earth-will-allow-us-to-venture-off-to-space-interview-with-jason-ballard-of-icon
7. Property tax - https://blackburnnews.com/midwestern-ontario/midwestern-ontario-news/2022/02/15/owen-sound-residents-face-tax-increase/
8. Mortgage - https://www.bloombergquint.com/onweb/canadians-pile-into-mortgage-debt-at-fastest-pace-in-a-decade
9. Millennials - https://fortune.com/2022/02/09/millennials-feel-screwed-housing-market-majority-have-major-regrets/
10. Insurance - https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/
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/
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/
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada has dropped from 10th (2015) on the global corruption list to 13th (2021)
Canada inflation is the highest it has been in over 30 years.
Trudeau calls the trucker convoy fringe people but says nothing about left-leaning groups that hold up mining and food projects.
1. Food Security - https://www.peicanada.com/island_farmer/federal-ministers-welcome-welcomes-auditor-general-s-report-on-protecting-canada-s-food-system/article_0fbce428-7d4d-11ec-8f59-4ffdd97d2dd5.html - Canada is ranked 7th in 2021 - https://www.foodsafety.ca/news/canada-ranks-7th-global-food-security-index as compared to rank 2nd in 2015.
2. Canada is ranked 13th on the global corruption index for 2021 as compared Canada was 10th in 2015 - https://www.transparency.org/en/cpi/2015
3. Inflation and Canada - https://www.reuters.com/business/finance/hike-or-not-its-toss-up-ahead-bank-canada-rate-decision-2022-01-26/
4. Foreign policies and affairs - https://www.theglobeandmail.com/world/article-canada-shut-out-of-western-allies-talks-with-the-taliban-in-norway/
5. 25% reduction in rates is dependent on the plan. https://mobilesyrup.com/2022/01/27/changes-canadian-carrier-rate-plans-virgin-shaw-rogers-fido-freedom-koodo-telus-lucky-bell-chatr/
6. 5G - https://mobilesyrup.com/2022/01/23/what-does-us-c-band-5g-mean-for-canada/
7. Fiscal update - https://www.slideshare.net/paulyoungcga/fiscal-update-for-canada-november-2021
8. Ukraine and Canada - https://torontosun.com/opinion/columnists/lilley-trudeau-fails-ukraine-just-as-he-fails-canada
9. Ethical failures - https://www.saltwire.com/atlantic-canada/news/the-ethical-failures-in-canadas-pandemic-response-full-comment-with-anthony-furey-100684222/
10. Truckers - https://tfiglobalnews.com/2022/01/25/truckers-in-canada-launch-biggest-even-anti-trudeau-campaign-in-style/
11. Food affordability - https://farmtario.com/news/canada-slips-on-food-affordability-ranking/
12. Inflation - https://www.cpacanada.ca/en/news/canada/2022-01-26-economic-forecast
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
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada is working on year 7 of Justin Trudeau tenure. Trudeau has done little to address productivity, high inflation, deficits, slow GDP growth, attracting FDI to key sectors of the economy, and fixing a broken crisis management system for all depts. And agencies.
Trudeau refuses to acknowledge the role his carbon tax and excessive regulations when it comes to inflation and getting goods out of the ground to market.
1. Liberals’ deficits - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
2. Economic policies - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
3. Food - https://www.tbnewswatch.com/local-news/rising-food-costs-will-hit-regions-most-vulnerable-food-strategy-warns-5012868
4. Vacant home tax - https://globalnews.ca/news/8590141/hamilton-provincial-approval-vacant-home-tax/
5. Housing - https://www.kenoraonline.com/articles/feds-must-take-action-with-first-nation-housing-crisis
6. Carbon tax - https://pipelineonline.ca/david-yager-will-the-liberals-really-raise-carbon-taxes-april-1/#/?playlistId=0&videoId=0
7. Lumber - https://www.mpamag.com/ca/news/general/canada-lumber-prices-massive-update/324199
8. Trucking - https://driving.ca/auto-news/local-content/trucking-alliance-calls-for-help-filling-23000-vacant-driver-positions
9. Supply chain - https://canadiangrocer.com/supply-chain-disruptions-help-way
10. Internet bill - https://nationalpost.com/news/politics/liberals-to-introduce-bill-forcing-digital-giants-share-revenue-with-canadian-news-publishers-in-coming-days
The total value of shipments of minerals showed a decrease in April, followed by two consecutive monthly increases. The total value of minerals shipped declined 17.6% in April to $3.47 billion from March, driven by a decrease in metallic minerals. In May, the total value of shipments of minerals rose 4.7% to $3.63 billion, led by an increase in the value of shipments of both metallic and non-metallic minerals. Finally, the value of shipments of metallic minerals saw a large increase (+10.3%) in June, which more than offset a slight decrease in non-metallic minerals. This resulted in an 8.4% increase of the total value of shipments of minerals.
Overall, the total value of shipments of minerals nearly doubled in the second quarter of 2021 compared with the same period in 2020. Higher shipment values for gold, iron ore and copper were mainly responsible for the gain.
https://www150.statcan.gc.ca/n1/daily-quotidien/210823/dq210823a-eng.htm
1. AB Oil - https://www.ft.com/content/102a1c89-632b-4e41-8af1-4bad95a5b017
2. Capacity utilization - https://tradingeconomics.com/canada/capacity-utilization
3. Employment - https://canadianvisa.org/blog/jobs/top-3-provinces-to-find-mining-jobs-in-canada
4. Northern Ontario - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-lake-superiors-north-shore-remains-fertile-ground-for-gold-high-tech-metals-4220807
5. EV strategy - https://biv.com/article/2021/08/canada-needs-ev-battery-supply-chain-strategy?amp
6. Batteries - https://www.nature.com/articles/d41586-021-02222-1
7. Lumber production - https://www.bloomberg.com/news/articles/2021-08-20/tumbling-lumber-prices-force-canadian-mill-to-curb-production
8. Mining - https://www.theglobeandmail.com/business/article-mining-industrys-green-metals-are-a-fallacy-experts-say/
9. Steel - https://www.northernminer.com/subscribe-login/?id=1003833805
10. Conflict metals - https://breachmedia.ca/leaked-report-accuses-canada-of-covering-for-mining-companies-in-war-torn-ethiopia/
1. Child care costs failure - https://www.parents.com/baby/childcare/child-care-costs-are-why-im-not-having-more-kids/
2. Costs - https://www.care.com/c/how-much-does-child-care-cost
3. Availability of spaces - https://www.cardus.ca/research/family/reports/is-there-a-shortage-of-child-care-in-canada/
4. New norm and child care – https://www.hcamag.com/nz/news/general/companies-consider-making-remote-work-the-new-norm/302121
5. Childcare model - https://policyoptions.irpp.org/magazines/july-2021/how-to-grow-an-accessible-high-quality-equitable-child-care-system/
6. PQ model - https://www.iedm.org/1921-quebecs-failed-child-care-model/
7. Child benefit - https://www.canada.ca/en/employment-social-development/news/2021/07/canada-child-benefit-5th-anniversary--indexation0.html
8. model - https://www.theglobeandmail.com/business/commentary/article-ontario-not-quebec-holds-the-model-for-child-care/
9. Best countries - https://ceoworld.biz/2021/02/01/the-worlds-best-countries-for-raising-kids-2021/
10. No consensus of how to fund child care - https://angusreid.org/child-care-in-canada/
11. ECE wages - https://www.payscale.com/research/CA/Job=Early_Childhood_Educator_(ECE)/Hourly_Rate/e894d1e7/Toronto-ON
12. Global ranking - https://www.theglobeandmail.com/canada/article-canada-trails-most-other-wealthy-countries-in-caring-for-children/ or
13. Provincial and federal moneys - https://globalnews.ca/news/8112898/new-brunswick-child-care-deal/
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/
Justin Trudeau made many promises back in 2015 including being open, transparent, and accountable. This presentation looks at many areas of policy. The readers of this report can make their own decisions on whether Trudeau has been open, transparent, and accountable to Canadians.
1. Trade protectionism - https://torontosun.com/opinion/editorials/editorial-bidens-buy-american-policies-hurting-canada
2. Climate Change - https://www.cbc.ca/news/politics/environment-commissioner-report-failure-to-failure-1.6262523
3. Benefits - https://nationalpost.com/news/politics/some-cerb-recipients-set-to-get-notices-that-they-owe-feds-some-of-the-aid?r
4. Wage growth - https://financialpost.com/news/economy/immigrant-influx-is-stunting-wage-growth-in-canadian-recovery
5. GDP - https://economics.td.com/ca-weekly-bottom-line
6. Housing - https://www.bnnbloomberg.ca/it-s-like-gamestop-mortgage-expert-on-risk-of-housing-correction-1.1687056
7. Canada lags many states in oil and gas development - https://www.fraserinstitute.org/studies/canada-us-energy-sector-competitiveness-survey-2021
8. Streaming = https://ca.finance.yahoo.com/news/media-experts-agree-action-needed-110000640.html
9. Skills gaps - https://financialpost.com/sponsored/business-sponsored/building-the-future-of-continuing-education
10. Deficit - https://www.theglobeandmail.com/politics/article-report-says-federal-deficit-stood-at-686b-halfway-through-fiscal-year/ or https://www.advisor.ca/news/economic/federal-deficit-hits-nearly-69b-over-first-half-of-fiscal-year/
Climate change,Sustainability & Corporate Social Responsibility - 26 Mar 2014Sumiit Mathur
A brief introduction to the interconnected concepts of Climate change, sustainability and Corporate Social Responsibility.
This presentation gives good starting point to initiate detailed discussions on this subject.
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/
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary
In 2015 is when Justin Trudeau promised to be the most open, honest, transparent, and accountable government in Canadian history. Over the past 6+ years has seen Trudeau shut down committees, call an election during a pandemic for power, convicted of numerous ethical violations, handing out contracts to liberal friendly supporters, highest inflation in nearly 20 years, housing that is no longer affordable to many Canadians.
1. Pandemic benefits - https://www.cbc.ca/news/business/ceo-pay-covid-19-1.6303304
2. Real Estate - https://financialpost.com/investing/canada-needs-fixing-as-the-digital-transformation-takes-hold
3. Clean Technology https://ca.finance.yahoo.com/news/blackstone-invests-3-billion-invenergy-172635828.html
4. Energy - https://www.theglobeandmail.com/opinion/editorials/article-canada-is-an-energy-superpower-and-that-doesnt-just-mean-oil/
5. Forest management - https://www.euronews.com/green/2022/01/05/this-australian-start-up-wants-to-fight-deforestation-with-an-army-of-drones
6. Sur tax housing - https://www.ctvnews.ca/canada/canada-urged-to-create-surtax-on-1-million-homes-to-rein-in-prices-fund-affordable-housing-1.5728951
7. Transitory inflation and lumber - https://betterdwelling.com/the-bank-of-canada-used-lumber-to-prove-transitory-inflation-then-prices-doubled/
8. Dairy dispute - https://thehill.com/policy/equilibrium-sustainability/588426-us-dairy-industry-claims-victory-over-canada-in-trade-pact
9. Chile is projecting 2-3% growth with their mining sector - https://www.bnamericas.com/en/news/chiles-mining-sector-will-grow-2-3-in-2022--sonami
10. Inaction - https://ipolitics.ca/2022/01/06/otoole-frustrated-by-federal-inaction-that-led-to-lockdowns/
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.
Blog – Has Justin Trudeau and his Liberal Government been Open, Transparent, ...paul young cpa, cga
1. Housing Costs – https://betterdwelling.com/canadian-real-estate-affordability-improves-when-rates-rise-despite-the-rhetoric/ or https://www.bnnbloomberg.ca/real-estate/video/billions-in-unknown-funds-flowing-into-canada-s-housing-market-transparency-international~1644554 or https://www.bnnbloomberg.ca/real-estate/video/household-indebtedness-rising-home-prices-is-a-vulnerability-we-re-worried-about-osfi-head~2342049
2. Gasoline costs - https://www.thestar.com/news/canada/2021/12/10/pbo-finds-fossil-fuel-tax-breaks-costing-canada-billions.html or
3. Inflation - https://www.fraserinstitute.org/blogs/brace-yourselves-canada-inflation-may-be-here-to-stay
4. Carbon tax credit - https://www.cbc.ca/news/canada/calgary/cenovus-carbon-capture-alberta-oil-and-gas-1.6278781
5. Supply chain - https://canadianfoodsinc.com/index.php/2021/12/11/experts-say-second-wave-will-bring-empty-shelves-but-not-because-of-panic-buying/
6. CERB – https://westernstandardonline.com/2021/12/calgary-porch-pirate-mp-now-under-investigation-for-cerb-fraud/
7. GIS - https://globalnews.ca/video/8437282/covid-19-freeland-says-shes-personally-committed-to-guaranteed-income-supplement-clawback-related-to-cerb
8. Audit and quarantine - https://www.cbc.ca/news/politics/quarantine-hotel-tracking-phac-audit-1.6279176
9. Challenges facing the Canadian economy - https://www.canadianlawyermag.com/practice-areas/corporate-commercial/canadas-economic-forecast-looks-good-but-challenges-still-lie-ahead-bennett-jones-report/362547
10. @s_guilbeault - Https://www.canadianmanufacturing.com/manufacturing/environment-minister-says-mandate-to-enforce-ev-sales-is-needed-276545/
a. How will the govt make up for the loss of the gas tax money?
b. There are still capacity issues with building electrical vehicles
c. Lack of plug-in stations
i. The ability of the grid to handle the charging https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption-november-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.
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada has dropped from 10th (2015) on the global corruption list to 13th (2021)
Canada inflation is the highest it has been in over 30 years.
Trudeau calls the trucker convoy fringe people but says nothing about left-leaning groups that hold up mining and food projects.
1. Food Security - https://www.peicanada.com/island_farmer/federal-ministers-welcome-welcomes-auditor-general-s-report-on-protecting-canada-s-food-system/article_0fbce428-7d4d-11ec-8f59-4ffdd97d2dd5.html - Canada is ranked 7th in 2021 - https://www.foodsafety.ca/news/canada-ranks-7th-global-food-security-index as compared to rank 2nd in 2015.
2. Canada is ranked 13th on the global corruption index for 2021 as compared Canada was 10th in 2015 - https://www.transparency.org/en/cpi/2015
3. Inflation and Canada - https://www.reuters.com/business/finance/hike-or-not-its-toss-up-ahead-bank-canada-rate-decision-2022-01-26/
4. Foreign policies and affairs - https://www.theglobeandmail.com/world/article-canada-shut-out-of-western-allies-talks-with-the-taliban-in-norway/
5. 25% reduction in rates is dependent on the plan. https://mobilesyrup.com/2022/01/27/changes-canadian-carrier-rate-plans-virgin-shaw-rogers-fido-freedom-koodo-telus-lucky-bell-chatr/
6. 5G - https://mobilesyrup.com/2022/01/23/what-does-us-c-band-5g-mean-for-canada/
7. Fiscal update - https://www.slideshare.net/paulyoungcga/fiscal-update-for-canada-november-2021
8. Ukraine and Canada - https://torontosun.com/opinion/columnists/lilley-trudeau-fails-ukraine-just-as-he-fails-canada
9. Ethical failures - https://www.saltwire.com/atlantic-canada/news/the-ethical-failures-in-canadas-pandemic-response-full-comment-with-anthony-furey-100684222/
10. Truckers - https://tfiglobalnews.com/2022/01/25/truckers-in-canada-launch-biggest-even-anti-trudeau-campaign-in-style/
11. Food affordability - https://farmtario.com/news/canada-slips-on-food-affordability-ranking/
12. Inflation - https://www.cpacanada.ca/en/news/canada/2022-01-26-economic-forecast
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
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary:
Canada is working on year 7 of Justin Trudeau tenure. Trudeau has done little to address productivity, high inflation, deficits, slow GDP growth, attracting FDI to key sectors of the economy, and fixing a broken crisis management system for all depts. And agencies.
Trudeau refuses to acknowledge the role his carbon tax and excessive regulations when it comes to inflation and getting goods out of the ground to market.
1. Liberals’ deficits - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
2. Economic policies - https://www.ctvnews.ca/politics/freeland-says-budget-needs-to-focus-on-economic-growth-be-mindful-of-high-inflation-1.5762005
3. Food - https://www.tbnewswatch.com/local-news/rising-food-costs-will-hit-regions-most-vulnerable-food-strategy-warns-5012868
4. Vacant home tax - https://globalnews.ca/news/8590141/hamilton-provincial-approval-vacant-home-tax/
5. Housing - https://www.kenoraonline.com/articles/feds-must-take-action-with-first-nation-housing-crisis
6. Carbon tax - https://pipelineonline.ca/david-yager-will-the-liberals-really-raise-carbon-taxes-april-1/#/?playlistId=0&videoId=0
7. Lumber - https://www.mpamag.com/ca/news/general/canada-lumber-prices-massive-update/324199
8. Trucking - https://driving.ca/auto-news/local-content/trucking-alliance-calls-for-help-filling-23000-vacant-driver-positions
9. Supply chain - https://canadiangrocer.com/supply-chain-disruptions-help-way
10. Internet bill - https://nationalpost.com/news/politics/liberals-to-introduce-bill-forcing-digital-giants-share-revenue-with-canadian-news-publishers-in-coming-days
The total value of shipments of minerals showed a decrease in April, followed by two consecutive monthly increases. The total value of minerals shipped declined 17.6% in April to $3.47 billion from March, driven by a decrease in metallic minerals. In May, the total value of shipments of minerals rose 4.7% to $3.63 billion, led by an increase in the value of shipments of both metallic and non-metallic minerals. Finally, the value of shipments of metallic minerals saw a large increase (+10.3%) in June, which more than offset a slight decrease in non-metallic minerals. This resulted in an 8.4% increase of the total value of shipments of minerals.
Overall, the total value of shipments of minerals nearly doubled in the second quarter of 2021 compared with the same period in 2020. Higher shipment values for gold, iron ore and copper were mainly responsible for the gain.
https://www150.statcan.gc.ca/n1/daily-quotidien/210823/dq210823a-eng.htm
1. AB Oil - https://www.ft.com/content/102a1c89-632b-4e41-8af1-4bad95a5b017
2. Capacity utilization - https://tradingeconomics.com/canada/capacity-utilization
3. Employment - https://canadianvisa.org/blog/jobs/top-3-provinces-to-find-mining-jobs-in-canada
4. Northern Ontario - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-lake-superiors-north-shore-remains-fertile-ground-for-gold-high-tech-metals-4220807
5. EV strategy - https://biv.com/article/2021/08/canada-needs-ev-battery-supply-chain-strategy?amp
6. Batteries - https://www.nature.com/articles/d41586-021-02222-1
7. Lumber production - https://www.bloomberg.com/news/articles/2021-08-20/tumbling-lumber-prices-force-canadian-mill-to-curb-production
8. Mining - https://www.theglobeandmail.com/business/article-mining-industrys-green-metals-are-a-fallacy-experts-say/
9. Steel - https://www.northernminer.com/subscribe-login/?id=1003833805
10. Conflict metals - https://breachmedia.ca/leaked-report-accuses-canada-of-covering-for-mining-companies-in-war-torn-ethiopia/
1. Child care costs failure - https://www.parents.com/baby/childcare/child-care-costs-are-why-im-not-having-more-kids/
2. Costs - https://www.care.com/c/how-much-does-child-care-cost
3. Availability of spaces - https://www.cardus.ca/research/family/reports/is-there-a-shortage-of-child-care-in-canada/
4. New norm and child care – https://www.hcamag.com/nz/news/general/companies-consider-making-remote-work-the-new-norm/302121
5. Childcare model - https://policyoptions.irpp.org/magazines/july-2021/how-to-grow-an-accessible-high-quality-equitable-child-care-system/
6. PQ model - https://www.iedm.org/1921-quebecs-failed-child-care-model/
7. Child benefit - https://www.canada.ca/en/employment-social-development/news/2021/07/canada-child-benefit-5th-anniversary--indexation0.html
8. model - https://www.theglobeandmail.com/business/commentary/article-ontario-not-quebec-holds-the-model-for-child-care/
9. Best countries - https://ceoworld.biz/2021/02/01/the-worlds-best-countries-for-raising-kids-2021/
10. No consensus of how to fund child care - https://angusreid.org/child-care-in-canada/
11. ECE wages - https://www.payscale.com/research/CA/Job=Early_Childhood_Educator_(ECE)/Hourly_Rate/e894d1e7/Toronto-ON
12. Global ranking - https://www.theglobeandmail.com/canada/article-canada-trails-most-other-wealthy-countries-in-caring-for-children/ or
13. Provincial and federal moneys - https://globalnews.ca/news/8112898/new-brunswick-child-care-deal/
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/
Justin Trudeau made many promises back in 2015 including being open, transparent, and accountable. This presentation looks at many areas of policy. The readers of this report can make their own decisions on whether Trudeau has been open, transparent, and accountable to Canadians.
1. Trade protectionism - https://torontosun.com/opinion/editorials/editorial-bidens-buy-american-policies-hurting-canada
2. Climate Change - https://www.cbc.ca/news/politics/environment-commissioner-report-failure-to-failure-1.6262523
3. Benefits - https://nationalpost.com/news/politics/some-cerb-recipients-set-to-get-notices-that-they-owe-feds-some-of-the-aid?r
4. Wage growth - https://financialpost.com/news/economy/immigrant-influx-is-stunting-wage-growth-in-canadian-recovery
5. GDP - https://economics.td.com/ca-weekly-bottom-line
6. Housing - https://www.bnnbloomberg.ca/it-s-like-gamestop-mortgage-expert-on-risk-of-housing-correction-1.1687056
7. Canada lags many states in oil and gas development - https://www.fraserinstitute.org/studies/canada-us-energy-sector-competitiveness-survey-2021
8. Streaming = https://ca.finance.yahoo.com/news/media-experts-agree-action-needed-110000640.html
9. Skills gaps - https://financialpost.com/sponsored/business-sponsored/building-the-future-of-continuing-education
10. Deficit - https://www.theglobeandmail.com/politics/article-report-says-federal-deficit-stood-at-686b-halfway-through-fiscal-year/ or https://www.advisor.ca/news/economic/federal-deficit-hits-nearly-69b-over-first-half-of-fiscal-year/
Climate change,Sustainability & Corporate Social Responsibility - 26 Mar 2014Sumiit Mathur
A brief introduction to the interconnected concepts of Climate change, sustainability and Corporate Social Responsibility.
This presentation gives good starting point to initiate detailed discussions on this subject.
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/
Has Justin Trudeau been Open, Transparent, and Accountable to Canada?paul young cpa, cga
Summary
In 2015 is when Justin Trudeau promised to be the most open, honest, transparent, and accountable government in Canadian history. Over the past 6+ years has seen Trudeau shut down committees, call an election during a pandemic for power, convicted of numerous ethical violations, handing out contracts to liberal friendly supporters, highest inflation in nearly 20 years, housing that is no longer affordable to many Canadians.
1. Pandemic benefits - https://www.cbc.ca/news/business/ceo-pay-covid-19-1.6303304
2. Real Estate - https://financialpost.com/investing/canada-needs-fixing-as-the-digital-transformation-takes-hold
3. Clean Technology https://ca.finance.yahoo.com/news/blackstone-invests-3-billion-invenergy-172635828.html
4. Energy - https://www.theglobeandmail.com/opinion/editorials/article-canada-is-an-energy-superpower-and-that-doesnt-just-mean-oil/
5. Forest management - https://www.euronews.com/green/2022/01/05/this-australian-start-up-wants-to-fight-deforestation-with-an-army-of-drones
6. Sur tax housing - https://www.ctvnews.ca/canada/canada-urged-to-create-surtax-on-1-million-homes-to-rein-in-prices-fund-affordable-housing-1.5728951
7. Transitory inflation and lumber - https://betterdwelling.com/the-bank-of-canada-used-lumber-to-prove-transitory-inflation-then-prices-doubled/
8. Dairy dispute - https://thehill.com/policy/equilibrium-sustainability/588426-us-dairy-industry-claims-victory-over-canada-in-trade-pact
9. Chile is projecting 2-3% growth with their mining sector - https://www.bnamericas.com/en/news/chiles-mining-sector-will-grow-2-3-in-2022--sonami
10. Inaction - https://ipolitics.ca/2022/01/06/otoole-frustrated-by-federal-inaction-that-led-to-lockdowns/
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.
Blog – Has Justin Trudeau and his Liberal Government been Open, Transparent, ...paul young cpa, cga
1. Housing Costs – https://betterdwelling.com/canadian-real-estate-affordability-improves-when-rates-rise-despite-the-rhetoric/ or https://www.bnnbloomberg.ca/real-estate/video/billions-in-unknown-funds-flowing-into-canada-s-housing-market-transparency-international~1644554 or https://www.bnnbloomberg.ca/real-estate/video/household-indebtedness-rising-home-prices-is-a-vulnerability-we-re-worried-about-osfi-head~2342049
2. Gasoline costs - https://www.thestar.com/news/canada/2021/12/10/pbo-finds-fossil-fuel-tax-breaks-costing-canada-billions.html or
3. Inflation - https://www.fraserinstitute.org/blogs/brace-yourselves-canada-inflation-may-be-here-to-stay
4. Carbon tax credit - https://www.cbc.ca/news/canada/calgary/cenovus-carbon-capture-alberta-oil-and-gas-1.6278781
5. Supply chain - https://canadianfoodsinc.com/index.php/2021/12/11/experts-say-second-wave-will-bring-empty-shelves-but-not-because-of-panic-buying/
6. CERB – https://westernstandardonline.com/2021/12/calgary-porch-pirate-mp-now-under-investigation-for-cerb-fraud/
7. GIS - https://globalnews.ca/video/8437282/covid-19-freeland-says-shes-personally-committed-to-guaranteed-income-supplement-clawback-related-to-cerb
8. Audit and quarantine - https://www.cbc.ca/news/politics/quarantine-hotel-tracking-phac-audit-1.6279176
9. Challenges facing the Canadian economy - https://www.canadianlawyermag.com/practice-areas/corporate-commercial/canadas-economic-forecast-looks-good-but-challenges-still-lie-ahead-bennett-jones-report/362547
10. @s_guilbeault - Https://www.canadianmanufacturing.com/manufacturing/environment-minister-says-mandate-to-enforce-ev-sales-is-needed-276545/
a. How will the govt make up for the loss of the gas tax money?
b. There are still capacity issues with building electrical vehicles
c. Lack of plug-in stations
i. The ability of the grid to handle the charging https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption-november-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.
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/
Blog – Forestry Management and Lumber Production – Canada and the World – October 2021
Canada sawmill production for October 2021 continues to lag October 2015.
Canada waited over a year before pushing the softwood lumber to the new dispute council for new NAFTA
Many states and provinces must get better at both forest management and urban planning.
Lumber continues to see high prices.
1. Wildfires and insurance losses - https://ca.finance.yahoo.com/news/rare-winter-wildfire-cost-insurers-173903380.html
2. Poor urban planning and wild fires - https://ca.finance.yahoo.com/news/rare-winter-wildfire-cost-insurers-173903380.html
3. Lumber prices - https://storeys.com/rising-lumber-prices-deal-another-blow-housing-affordability/
4. Softwood lumber - https://www.globalpapermoney.com/canada-to-challenge-u-s-softwood-lumber-duties-under-new-nafta-cms-14470
5. Forest management practices - https://www.gjsentinel.com/news/western_colorado/water-woes-wolves-forest-plan-likely-big-2022-environmental-stories/article_120c5832-6388-11ec-ac0e-77e43132b06f.html
6. Urban sprawl - https://www.thrillist.com/travel/nation/the-9-worst-designed-cities-in-the-us
7. Insurance - https://www.forbes.com/sites/forbesfinancecouncil/2021/12/09/how-the-insurance-sector-can-lead-in-climate-action/?sh=5798632f4e5b
8. Lumber production - https://www.forbes.com/sites/forbesfinancecouncil/2021/12/09/how-the-insurance-sector-can-lead-in-climate-action/?sh=5798632f4e5b
9. Lumber - https://www.forest2market.com/blog/lumber-market-2021-year-in-review-whats-next
10. Lumber - https://www.forest2market.com/blog/predictions-for-the-global-forest-industry-in-2022
Blog – Forestry and Lumber Sector – What is next
Lumber prices continue to rise.
Very little is being done to mitigate the impact of wildfires and forest fires
Drones are helping with tree planting
Cost of housing continues to rise.
1. Lumber prices - https://markets.businessinsider.com/commodities/lumber-price
2. Housing costs - https://www.news10.com/news/housing-costs-skyrocket-nationwide/
3. Housing - https://www.planetizen.com/news/2022/03/116378-toronto-housing-supply-outpacing-population-growth-costs-remain-high
4. Deforestation - https://www.greenbiz.com/article/5-ways-business-can-help-stop-current-record-levels-deforestation
5. Sawmills - https://www.woodbusiness.ca/canfor-completes-purchase-of-millar-westerns-alberta-solid-wood-operations/?utm_source=rss&utm_medium=rss&utm_campaign=canfor-completes-purchase-of-millar-westerns-alberta-solid-wood-operations
6. Lumber prices - https://www.woodbusiness.ca/lumber-prices-pop-up-after-several-weeks-flat-madisons/
7. Drones and tree planting - https://www.mentalfloss.com/article/503527/these-drones-can-plant-100000-trees-one-day
8. Forest fire mitigation - https://phys.org/news/2022-02-california-massive-dixie-pge-ramp.html
9. Mitigation - https://phys.org/news/2022-02-california-massive-dixie-pge-ramp.html
10. Urban planning - https://www.forbes.com/sites/forbeseq/2022/02/16/the-power-of-innovation-in-rural-america/?sh=2529f36c3987
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.
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.
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 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
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/
Similar to What is next for the World's Forests? (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
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.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@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
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
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
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 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
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.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
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
1. What is happening to
World’s forest?
Paul Young CPA CGA
September 11, 2021
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – 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: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
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
Audits
Global deforestation
Poor urban planning
Eco-Terrorism
Automation / Forestry Management
Siberia
Forest Fires
California / Fires
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. 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)
26. 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
27. 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