Blog – Geopolitical Events – COVID19 – Vaccines and Immunization
1. Ontario - https://www.narcity.com/lockdown-in-ontario-ending-by-may-24-is-absolutely-not-going-to-happen-says-ford
2. New Zealand - https://www.economy.com/economicview/topic/13/covid-19
3. Canada - https://www.pwc.com/ca/en/services/tax/government-economic-response-to-covid-19.html
4. EMEA and China - https://www.china-briefing.com/news/the-eu-china-cai-investment-breakdown-what-eu-manufacturing-sectors-could-be-hit/
5. Manufacturing / China - https://www.bloomberg.com/news/articles/2021-05-06/china-faces-growth-headwinds-from-manufacturing-citigroup-says
6. Automation - https://www.mckinsey.com/featured-insights/coronavirus-leading-through-the-crisis/charting-the-path-to-the-next-normal/how-jobs-are-changing-as-automation-and-digitization-take-hold
7. Job Quality - https://www.streetinsider.com/Globe+Newswire/U.S.+Private+Sector+Job+Quality+Index+%28JQI%29%C2%AE+April+2021/18387325.html https://www.forbes.com/sites/edwardsegal/2021/05/06/how-we-can-prepare-today-for-the-next-pandemic/?sh=141391df56d8 (next pandemic). My work on risk management - I am all about solutions as such I would encourage @cafreeland @CPA_Ontario @FAFNorwalk @IFRSFoundation @VPPressSec45 to fix their risk management policies and procedures including having annual audits: https://www.linkedin.com/posts/paul-young-055632b_box-activity-6792380632807931904-fmQx
8. https://www.masterclass.com/articles/understanding-the-circular-flow-model-in-economics -
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
Contact information:
Paul_Young_CGA@Hotmail.com
3. AGENDA
• Cases
• Deaths
• Vaccinations by country
• Vaccinations / Delivery
• Vaccines / Approval
• Vaccinations / Procurement
• Employment – January 2021 (USA vs Canada)
• Unemployment (Canada vs OECD and G7)
• Global GDP / Forecast
• Blog – Crisis Management
• Blog – New Normal
• Blog – Supply Chain
• Summary
• Training/Development
14. PROCUREMENT VACCINATIONS
• Issues with EMEA supply chain - https://www.wsj.com/articles/vaccine-manufacturing-issues-force-moderna-
to-cut-supplies-to-canada-u-k-11618600046
• Establishing a hub - https://www.who.int/news-room/articles-detail/establishment-of-a-covid-19-mrna-
vaccine-technology-transfer-hub-to-scale-up-global-manufacturing
• India and vaccine production - https://www.reuters.com/world/india/indias-vaccinations-fall-peak-infections-
hit-record-2021-04-16/
• South Korea and production - https://www.reuters.com/world/india/indias-vaccinations-fall-peak-infections-
hit-record-2021-04-16/
• Biden and vaccinations - https://www.fiercepharma.com/pharma/covid-19-tracker-johnson-johnson-aims-to-
test-shot-kids-president-trump-talks-firing-fauci
• Production - https://www.livemint.com/topic/coronavirus-vaccine-tracker
• Half of California have at least one shot - https://www.vancouverisawesome.com/coronavirus-covid-19-
national-news/the-latest-half-eligible-californians-have-at-least-1-shot-3634318
16. GDP – CANADA VS USA
Source -
https://economics.bmo.com/en/publications/detail/5d512b38-
d983-47d7-b6e9-a343cbe5c8a7/
Source -
https://economics.bmo.com/en/publications/detail/7e369473-
72c6-44b5-8f75-7f848fab76da/
Canada GDP by Industry
Retail sales is driving the growth. There are household debt issues that are not easing up.
Construction grew in February 2021 but likely will be challenged to grow in March 2021 due to Ontario lockdown.
https://www.slideshare.net/paulyoungcga/gdp-canada-industry-february-2021
17. GDP FORECAST
Source – Scotiabank
• Inflation is cropping up
• Debt default is on the rise
• Higher costs of commodities
• Significant challenges exist within the supply chain
• Job quality issues
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-
global-economy-march-2021 or
https://www.slideshare.net/paulyoungcga/what-is-next-for-
the-global-economy-april-2021-updated-april-23-2021
Canada is not going to hit 6.4% GDP growth in 2021 due to
ongoing battles with COVID19.
The world needs to find a better balance between protecting
the environment and growing the world economy.
18. CANADA UNEMPLOYMENT VS OECD
Source - https://betterdwelling.com/canadian-unemployment-is-55-higher-than-g7-
average-oecd/
19. BLOG – CRISIS MANAGEMENT
There are emergency management
depts for a reason. So, why has
emergency management not been
subjected to annual audits as part of
scrutinization when it comes to
geopolitical events?
https://www.slideshare.net/paulyoungcg
a/crisis-and-emergency-management-
how-best-to-manage-risk
20. AUDIT REPORT / CANADA PANDEMIC
Crisis Management
Auditor/Report
Despite nearly two decades of warnings, planning and government spending, the Public Health Agency of Canada
was not ready for the global pandemic and did not appreciate the threat it posed in its early stages, Canada's auditor
general says.
In a hard-hitting review released today, Auditor General Karen Hogan took the country's primary pandemic response
agency to task for failures in early warning, surveillance, risk assessments, data-sharing with the provinces and
follow-up on Canadian travelers who were ordered into quarantine.
"The agency was not adequately prepared to respond to the pandemic, and it underestimated the potential impact of
the virus at the onset of the pandemic," said the AG's review — one of three that looked at the Liberal government's
management of the COVID-19 crisis, which as of Thursday had killed 22,780 Canadians and brought the country's
economy to its knees.
https://www.cbc.ca/news/politics/auditor-general-pandemic-covid-phac-1.5963895
Here is my work on crisis management - https://www.slideshare.net/paulyoungcga/why-there-needs-to-be-audited-
reports-of-crisis-emergency-management-policies-and-procedures
21. NEW NORMAL
Here are many links on great work by Mckinsey Group - https://www.mckinsey.com/featured-insights/coronavirus-
leading-through-the-crisis?cid=other-eml-nsl-mip-
mck&hlkid=e220291424cb421991e4e6a3b37ecb2d&hctky=11493232&hdpid=b812b692-ed48-496d-a1e4-
9eb133561e6b#
I can add a bit more color in terms of what needs to transpire:
1. Careers in demand are those that are in areas like skills trades or healthcare or Information technology.
2. World continues to grow public sector employment at higher rate than the goods-producing sector.
3. Targeting policies that will support the reshoring of key parts of the supply chain.
4. Better balance between regulations when it comes to supporting getting goods to market.
5. More targeted focus of customers on areas like customer success to better help drive transformation of both the
public and private sectors.
6. Information technology will play a key role in terms of transforming the economy.
7. Fixing issues with global trade including the elimination of protectionism policies.
8. Reforming taxation including transforming tax acts as well as closing-down tax havens.
9. Reforming the housing market to ensure it is more affordable.
10. Reforming the size of government as part of moving to a digital model
Source - https://www.slideshare.net/paulyoungcga/new-normal-canada-and-the-world-february-2021-242414576
22. SUPPLY CHAIN
@SeanFraserMP you would think that your government would support made-in Canada solutions or is it just doublespeak
from you and your govt? https://www.canadianmanufacturing.com/manufacturing/nova-scotia-company-that-retooled-
factory-to-make-medical-gowns-loses-new-tender-267567/
Meanwhile, Biden is moving with identifying strategic parts of the supply chain! The target is areas like rare earths, chips,
medical supplies, and other areas that are important to health of the USA economy.
https://www.scmp.com/comment/opinion/article/3123943/making-us-supply-chains-stronger-bidens-policies-may-end-
looking or https://nationalinterest.org/feature/biden%E2%80%99s-supply-chain-executive-order-doesn%E2%80%99t-
boost-defense-industrial-base%E2%80%94and-%E2%80%99s-ok-179124
My work - Mar/21 - https://www.slideshare.net/paulyoungcga/how-to-reshore-supply-chain-management
23. SUMMARY
• More needs to be done to open up the economy in a safe way - https://www.slideshare.net/paulyoungcga/how-can-both-the-
public-and-private-sectors-mitigate-geopolitical-risks
• The new normal is here to stay as both public and private sector cannot afford another shutdown that happen with COVID19 -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-january-2021
• Accounting associations around the world need to push for mandatory audits of risk and crisis management -
https://www.slideshare.net/paulyoungcga/interna-audit-operational-and-performance-audit-outlook-2021-and-beyong
• The world is heading for a debt crisis - https://www.slideshare.net/paulyoungcga/debt-issues-global-debt-crisis-analysis-and-
commentary
• Macro/Micro Indicators for the United States - https://www.slideshare.net/paulyoungcga/key-macro-and-micro-indicators-
united-states-february-2021-245192755
• All levels of government need to work together to better support the private sector -
https://www.slideshare.net/paulyoungcga/how-to-fix-competitiveness-through-government-policy
• Trudeau and vaccines-” The doses from India were available due to the generosity of the Indian government and the
cancellation of contracts by countries like South Africa. These American doses aren’t being released out of true friendship with
Canada and Mexico, the Biden administration has been as protectionist on the vaccine front as the Trump administration.” -
https://torontosun.com/opinion/columnists/lilley-canada-gets-extra-doses-but-it-aint-due-to-trudeau
24. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning, and
development then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies