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How to Address food costs and Food Security .pptx
1. HOW TO ADDRESS
FOOD COSTS AND
FOOD SECURITY
Presenter – Paul Young CPA CGA
June 26, 2022
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
YouTube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
• Inflation
• Food Index
• Average Retail Prices – Canada
• Canada Farmers F/S and Income
• Potash prices
• Green Inflation
• Loblaws F/S
• Maple Leaf Foods F/S
• Potash F/S
• Commodity Index
• Blog - Innovation
• Blog – Waate
• Blog – Urban and Rural Planning
• Blog – Farming
• Blog – Supply chain
• Main Issues / Solutions
16. VERTICAL AND EXPERT FARMING
Blog – In $2.1 Billion Deal, Agricultural Technology Manufacturer Purchased by Italian Firm
Raven Industries operates three business segments focused on precision agriculture, high-performance specialty
films, and aerospace. The company had sales of $348 million for its fiscal year that ended January 31.
https://www.thomasnet.com/insights/in-2-1-billion-deal-agricultural-technology-manufacturer-purchased-by-italian-
firm/?ecms_id=93342665-098b-4f66-8729-
2383d87a7d19&ecms_short=ART5368&doc_type=ted_article&sponsored=&acct=&parent_id=ecf34442-16be-4449-
902a-
40f7c563d01a&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thomas_ind
ustry_update&campaign_name=tiu210706&utm_campaign=tiu210706&utm_medium=email&utm_source=thomas_i
ndustry_update&tinid=221763045
Blog – Vertical and Expert Farming – What is next - https://www.slideshare.net/paulyoungcga/what-is-next-for-
expert-and-vertical-farming
17. BLOG – WATER
Blog – Water Crisis and Management
https://twitter.com/EvanLSolomon/status/1524698387194564608
Evan,
I have cover water issues for years!
Water supply has not kept pace with urban growth
Lack of effective strategy to protect waterways
Lack of effective flood mitigation strategy
2017 - https://www.slideshare.net/paulyoungcga/freshwater-and-importance-to-life
2021 - https://www.slideshare.net/paulyoungcga/water-management-and-flood-mitigation
2019 - https://www.slideshare.net/paulyoungcga/2019-election-environment-water-management-july-2019
18. URBAN AND RURAL PLANNING
https://twitter.com/TWilsonOttawa/status/1516467454335197186
@jillpromoli have you tour ON? It seems building in areas like Fergus or Smithville or Caledonia or other areas
are greenbelt areas. https://www.thestar.com/opinion/commentary/2015/11/30/despite-the-greenbelt-suburban-
sprawl-presses-on.html or https://www.thespec.com/ts/news/gta/2017/03/10/in-the-shadow-of-the-greenbelt-its-
all-about-sprawl-micallef.html or https://thereevesreport.wordpress.com/2014/12/15/loopholes-threaten-ontario-
greenbelt/
ON needs a new urban & rural strategy - https://www.slideshare.net/paulyoungcga/what-is-required-to-better-
support-rural-canada
19. BLOG – FARMING
Blog – Can Canada feed the world through their AG and Farming Sector
RBC did a great article of how Canada AG sector could help feed the world - https://thoughtleadership.rbc.com/proof-
point-can-canada-feed-the-world/?utm_medium=email&utm_source=salesforce&utm_campaign=proofpoint
The problem is that will not happen under the tax and regulatory policies of @mclaudebibeau @theJagmeetSingh
@JustinTrudeau
My work and comments:
Farmers continue face challenges with drought and input costs.
Canada needs to do more to expand its Agriculture shipments including expanding port capacity.
The federal government passed C8 - https://ofa.on.ca/a-timeline-of-events-bill-c-8-tax-return-updates/
Food costs/security is still a major issue for countries around the world
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-commentary-farmingpptx
20. SUPPLY CHAIN
Blog – Logistics, Warehousing, Transportation, and Distribution Sector – Analysis and Commentary –
Summary:
“Class 8 demand remains strong, but the ability of manufacturers to respond to that demand continues to be
constrained,” said Kenny Vieth, ACT’s president and senior analyst. “Higher prices are the inevitable result, and that
will remain the case through much of 2022. We believe these conditions will gradually be alleviated, but risks will be
higher than usual for a wide set of possible outcomes around our base case.” Vieth further noted, “Freight market
equilibrium, the supply-demand balance between equipment and drivers and freight volumes, probably won’t be
achieved until the fourth quarter of next year.”
Source: https://www.fleetequipmentmag.com/challenges-facing-strong-demand/
https://www.slideshare.net/paulyoungcga/logistics-warehousing-transportation-and-distribution-analysis-and-
commentarypptx
Additional comments:
1. Port and intermodal capacity - https://www.pacificports.org/canadian-and-u-s-port-infrastructure-funding-and-
policy/
2. Strikes - https://latestnews.upexampaper.com/cn-signal-workers-on-strike-across-canada-more-news-today-live/
3. Reshoring - https://www.fabricatingandmetalworking.com/2022/06/reshoring-initiative-finds-1-3-million-jobs-
returned-to-the-united-states-since-2010/
4. Truck Divers - https://easyrelocated.com/why-is-there-a-worldwide-shortage-of-truck-drivers/
5. Supply chain - https://www.globaltrademag.com/5-industries-feeling-the-strain-of-supply-chain-delays/
21. MAIN ISSUES AND SOLUTIONS
Issue Items Solutions
Input Costs • High diesel costs
• High feed costs
• High fertilizer costs
• High electricity costs
• Taxes and Regulations
• Promoting more development of potash projects
in Canada
• Eliminating carbon taxes
• Promoting clean solutions like methane recovery,
solar panels, and other power generation sources
• Reforming taxation policies
• Streamlining regulations
Capacity issues • Port /intermodal backlog • More expenditures with both ports and intermodal
hubs
• Capital investment by Rail and Trucking as part of
moving goods
• Re-shoring critical aspects of supply chain
• Focus on productivity and innovation as part of
expanding manufacturing
Land-use • Protecting green belt
• Water management
• Implementing vertical and expert farming
solutions
• Better urban and rural planning to ensure water
and land management can meet population
growth
Commodity Prices • Agriculture
• Energy
• Critical metals
• Expanding the mining and processing capacity of
critical metals in both Canada and USA
• Streamlining regulatory processes as part of
getting new capacity added for mining and
processing of metals
• Better energy transition strategy as part of moving
to zero-emissions
22. SUMMARY
• Canada and the world need to stop blaming Russia for rising inflation
and food security issues. Food costs and security where issues way
before Russia invaded the Ukraine.
@TurnbullWhitby you are now admitting that rising costs are of little concern to your party. If you were
concerns about excessive cost of inflation, then you would revisit your policies like carbon pricing.
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-ag-pricespptx-251860872 and
https://www.canadianmanufacturing.com/manufacturing/food-prices-continue-to-rise-increasing-
food-insecurity-282317/
Two progressive leaders @StevenDelDuca and @AndreaHorwath have the answer to food
costs? Yet these two leaders will never address real issues which are taxes & regulations, right?
Farmers input costs have risen, right?
https://www.canadianmanufacturing.com/manufacturing/ontario-party-leaders-share-plans-to-
address-the-rising-cost-of-food-ahead-of-the-election-282119/ and
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-ag-pricespptx-251860872
Two progressive leaders @StevenDelDuca and @AndreaHorwath have the answer to food
costs? Yet these two leaders will never address real issues which are taxation and regulations,
right?
https://www.canadianmanufacturing.com/manufacturing/ontario-party-leaders-share-plans-to-
address-the-rising-cost-of-food-ahead-of-the-election-282119/
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-ag-pricespptx-251860872
High fuel costs (no carbon tax rebate)
High cost of fertilizer
No rural vs urban strategy for housing
No focus on expert and vertical farming.
@AndreaHorwath has the answers for food prices, right
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-ag-pricespptx-251860872
@LucilleCollard
High fuel costs (no carbon tax rebate)
High cost of fertilizer
No rural vs urban strategy for housing
No focus on expert and vertical farming.
@StevenDelDuca has the answers for food prices, right
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-ag-pricespptx-251860872
Climate Change and Inflation – Canada
https://twitter.com/sunlorrie/status/1521079513953746946
https://theconversation.com/when-it-comes-to-food-prices-the-canadian-governments-hands-are-
tied-181585?utm_source=twitter&utm_medium=bylinetwitterbutton
Exactly, Lorrie! It is too bad @s_guilbeault does not listen to people like myself as I have viable
solutions that do not including taxing people to death!
https://www.slideshare.net/paulyoungcga/how-to-maximized-a-circular-economy-and-mitigate-
issues-with-climate-change-april-2022pptx
Blog – Can Canada feed the world through their AG and Farming Sector
RBC did a great article of how Canada AG sector could help feed the world -
https://thoughtleadership.rbc.com/proof-point-can-canada-feed-the-
world/?utm_medium=email&utm_source=salesforce&utm_campaign=proofpoint
The problem is that will not happen under the tax and regulatory policies of @mclaudebibeau
@theJagmeetSingh @JustinTrudeau
https://twitter.com/FP_Champagne/status/1536422725811675136
Seriously? Your policies were never about food security and supply. Farmers have complained about
issues with fertilizer, carbon tax, and other areas that you have done little to address their input costs,
why FP
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-farmingpptx
One thing consistent with Liberals like @mclaudebibeau is regular Canadians including farmers
is throw money at symptoms. You would think farmer input costs would be a priority, right?
https://www.slideshare.net/paulyoungcga/agriculture-equipment-sector-analysis-and-
commentary-farmingpptx
Government Grants
https://www.canadianmanufacturing.com/manufacturing/federal-government-invests-2-7m-in-agri-
food-exports-282454/
Blog – Agriculture Equipment and Farming Sector – May 2022
RUSSIA-April-2022-A
g-Tractor-Combine.pdf
CAN-Month-Ag-Repo
rt-5-2022.pdf
US-Month-Ag-Report
-5-2022.pdf