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LIBERALS AND THE
ENVIRONMENT (2015
VS 2021)
Paul Young CPA CGA
October 18, 2021
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
AGENDA
• Introduction
• GHG
• Green / Clean Economy
• Environmental Ranking
• Innovation Ranking
• Affordable Housing
• Clean Technology / Transit
• Infrastructure Bank and Infrastructure GAP
• Water Management
• Forest Management
• Urban Planning
• Circular Economy
• ESG reporting
INTRODUCTION
Justin Trudeau came to office in 2015 and made bold statements including in areas like climate change -
https://taf.ca/trudeaus-climate-platform-6-promises-were-watching/
Policy Area
GHG Targets and Carbon Taxes Focus on $2B fund and emissions target per the Paris Accord
Infrastructure Green solutions
Social Infrastructure for Communities Prioritizing investment in affordable housing, seniors’ facilities,
early learning and childcare, and cultural and recreational
infrastructure is the focus of the party’s commitment.
Supporting Technology & Innovation Kick-starting investment in innovation is intended to grow the
economy, reduce carbon emissions, and create middle class
jobs. Trudeau emphasizes investing in entrepreneurs and
business innovation, especially in manufacturing
Urban Infrastructure The New Building Canada Fund is an important source of
infrastructure funding for Canadian communities, but more
than 70% of its funding locked away until after 2019. Trudeau
promises to make the New Building Canada Fund more
focused and transparent.
Investing in Public Transit Trudeau promises to fund transit in cities to address
congestion, cut air pollution, and strengthen the economy.
EMISSIONS
https://torontosun.com/opinion/columnists/goldstein-wilkinsons-climate-change-math-does-not-add-up
https://www.careourearth.com/the-list-of-countries-ranked-by-co2-emissions-per-square-kilometer/
Canada is a carbon sink with its water and landmass. Why are emissions per capita not based on land?
https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-august-2021
GREEN ECONOMY
Blog – Growing the Circular Economy through better Climate Mitigation Policies
I support better policies that encourage both the private and public sectors to move their operation model to zero-waste.
More work needs to be done on policies related to waste-to-energy (CCA) or abolishing carbon taxation or streamlining of
regulations and taxes or tax credits for environmental work, i.e., tree plant or water management or other areas of the
environment.
https://www.slideshare.net/paulyoungcga/how-to-advance-the-circular-economy-through-climate-mitigation-policies
ENVIRONMENTAL RANKING
• Canada has improved in its environmental ranking since 2014 but has dropped two spots from a low ranking of 18th
• The problem has been the focus of the Liberals which have failed to address all issues facing the environment -
https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-october-2021
INNOVATION RANKING
Canada has struggle for the past few years with
attracting key FDI, especially in areas like natural
resources development.
Canada has also struggle with how to best approach
innovation. The so-called job clusters have failed to
achieve the desired outcome. More needs to be done
to better support innovation across Canada.
The public sector payroll continues to grow. The size of
government is becoming a enormous issues for many
countries, especially in areas like value for money,
improving outcomes, and tax fairness.
Blog – What is next for Technology and Innovation -
https://www.slideshare.net/paulyoungcga/what-is-
next-for-technology-and-innovation
AFFORDABLE HOUSING
There have been systemic issues with housing for years:
a) Availability of land
b) Cost of material
c) Cost of labor
d) Permits / Taxes
e) Lack of rural vs urban strategy
f) Lack of innovation (modular, 3D printing, etc.
g) Re-zoning of land/buildings
h) Ridiculous bids and asks
i) Re-assessing market value based on different facts, i.e., GDP
Growth, Wages, renovations, property value assessments,
etc.
*** We need to stop throwing money at the symptoms and start
addressing the root causes of the high cost of housing!
All levels of government and the private sector need to work
together as part of fixing the systemic issues with housing.
https://www.slideshare.net/paulyoungcga/affordable-housing-
and-homelessness-canada
TRANSIT
Blog – Transit – Canada – July 2021
Transit - https://www.netnewsledger.com/2021/09/14/federation-of-canadian- Public transit ridership increased in July, as COVID-
19 restrictions eased in many provinces and vaccination rates continue to climb. However, recovery
toward pre-pandemic levels remains slow with ridership currently sitting at 40.5% of the number from
the same month in 2019.
https://www150.statcan.gc.ca/n1/daily-quotidien/210922/dq210922d-eng.htm and https://www.slideshare.net/paulyoungcga/how-is-transit-doing-in-canada-july-2021
INFRASTRUCTURE BANK AND
INFRASTRUCTURE GAP
Four years into its mandate, funding is being disbursed by CIB much slower than planned. In the Canada Infrastructure Bank
Spending Outlook, PBO estimates that CIB is unlikely to disburse $35 billion within its 11-year mandate, forecasting a
shortfall of $19 billion.
The PBO finds that the CIB’s funding delays may be due in part to policy choices. Nearly half of project submissions (189
projects) received to date fall outside the mandate the Government has assigned CIB because they are too small, lack a
private or public sponsor, or are not in one of the priority areas.
Source - https://pbo-dpb.gc.ca/en/blog/news-releases--communiques-de-presse/COM-2122-014--canada-infrastructure-
bank-unlikely-to-meet-spending-objectives-says-pbo--la-banque-de-linfrastructure-du-canada-natteindra-probablement-pas-
ses-objectifs-de-depenses-selon-le-dpb
Despite promises in 2015 there still remains a significant infrastructure gap.
Oct/21 - https://www.slideshare.net/paulyoungcga/construction-sector-canada-and-the-world-250468703
Nov/20 https://www2.slideshare.net/paulyoungcga/infrastructure-infrastructure-gap-analysis-of-construction
Mar/18
https://www2.slideshare.net/paulyoungcga/infrastructure-bank-canada-march-2018
WATER MANAGEMENT
Much of the world is unprepared for the floods, hurricanes and droughts expected to worsen with climate
change and urgently needs better warning systems to avert water-related disasters, according to a report by
the United Nations’ weather agency.
Global water management is “fragmented and inadequate,” the report published on Oct. 5 found, with nearly
60 per cent of 101 countries surveyed needing improved forecasting systems that can help prevent
devastation from severe weather.
As populations grow, the number of people with inadequate access to water is also expected to rise to more
than 5 billion by 2050, up from 3.6 billion in 2018, the report said.
Source - https://www.canadianmanufacturing.com/environment-and-safety/un-report-warns-of-global-water-crisis-amid-
climate-change-273915/
Canada continues to dump sewage into waterway - https://tnc.news/2021/06/24/liberals-kill-bill-that-would-ban-
dumping-raw-sewage-into-canadian-waters/
My work on water - https://www.slideshare.net/paulyoungcga/water-management-water-crisis-world-october-2021
My work on risk and crisis management - https://www.slideshare.net/paulyoungcga/why-there-needs-to-be-audited-
reports-of-crisis-emergency-management-policies-and-procedures
FOREST MANAGEMENT
Liberals promise 2B trees - https://financialpost.com/diane-francis/diane-francis-trudeaus-two-billion-tree-promise-
nothing-but-greenwashing . The problem is Liberals ignored existing policies related to tree planting!
Lumber Production:
Lumber production by sawmills decreased 14.8% from June to 4 199.4 thousand cubic metres in July. Production
was 7.0% lower than in July 2020. https://www.slideshare.net/paulyoungcga/what-is-next-for-the-
forestry-sector-250375882
Tree Planting
Both provincial and local governments along with the private sector have their own programs when it comes to tree
planning - https://www.newswire.ca/news-releases/forests-ontario-plants-2-8-million-trees-this-planting-season-
800757167.html or https://guelph.ca/2021/10/cn-and-tree-canada-collaborate-to-support-city-of-guelphs-tree-
canopy-with-25000-grant/ or https://www.tdtreedays.com/ or https://www.canadianenergycentre.ca/oil-sands-
producers-team-up-to-plant-more-than-five-million-trees/
Mitigating forest fires
More needs to be done to mitigate the impact of forest fires - https://frontierinstitute.org/improve-policies-to-reduce-
the-risk-of-future-catastrophic-wildfires/
URBAN PLANNING
2021 Election Promise
There seems to be a land grab by the Liberals - https://liberal.ca/housing/give-cities-the-tools-to-speed-up-
housing-construction/ Many Liberals have REIT so you can bet they are licking their chops on this policy
Summary:
There needs to be more effective strategy when it comes to urban planning including climate change mitigation,
affordable housing, traffic congestion, supply chain disruption, green transit solution, optimization of transits,
etc.
https://www.slideshare.net/paulyoungcga/how-do-you-best-support-urban-planning-rural-vs-urban
Liberals through the past 6+ years have always thrown either money at the symptoms or came up with policies
that has been effective to address issues with urban planning.
CIRCULAR ECONOMY
The Liberals since 2015 policies for the circular economy have been more about taxation and direct
subsidies than policies that better support areas like innovation or capital cost allowance (Waste
incineration and recycling) or development plug-in station capacity or development of critical metals
infrastructure.
How mounting refuse, consumer preference and digital technology are steering automakers toward
sustainable products built for the circular economy.
https://www.industryweek.com/leadership/corporate-responsibility/article/21140825/get-on-the-
zerowaste-train-or-get-left-behind?utm_source=IY%20IW%20Daily%20Headlines%20-
%20Morning&utm_medium=email&utm_campaign=CPS211006080&o_eid=7930I4506489J2B&rdx.ident%5
Bpull%5D=omeda%7C7930I4506489J2B&oly_enc_id=7930I4506489J2B
It is not just automotive but other sectors are looking at better ways to help mitigate risks with climate
change.
My work - https://www.slideshare.net/paulyoungcga/how-to-advance-the-circular-economy-through-
climate-mitigation-policies
ESG REPORTING
In a strategic move to increase operational efficiency while simultaneously reducing cost, many industrial business leaders have recently been
prioritizing sustainability throughout their facilities. Sustainable manufacturing, which the U.S. Department of Commerce defines as using
industrial processes that minimize negative environmental impacts and are safer for both employees and consumers, has been gaining
momentum lately amid what the United Nations calls the “Decade of Action.”
A recent study from Oxford Economics highlighted that 65% of companies have created a clear mission statement around sustainability, with
another 23% noting that they are in the process of developing such a statement, for a total of 88% of companies prioritizing sustainability.
Similarly, in a recent SAP survey, 46% of industrial business leaders shared that sustainability is top of mind for them throughout the
manufacturing process, and 68% of them have reduced energy consumption at their businesses.
https://www.thomasnet.com/insights/88-of-industrial-businesses-are-now-prioritizing-sustainable-manufacturing/?ecms_id=f3a900b0-35f4-
494d-8457-fda636ddd249&ecms_short=ART5960&doc_type=ted_video_article&parent_id=2fd67156-2dae-43a3-82d5-
fdf35ab36f99&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&campaign_name=tiu2
11018&utm_campaign=tiu211018&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045
Additional links:
Templates: https://ibm.box.com/s/nsbds2s5v8znpwqzc03p9urykbat38w0
Presentation: https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce
SUMMARY
• For the past 30 years all governments have failed to address issues with climate change.
• Too much focus has been about taxing solutions as it relates to the environment. The government pre-
carbon tax already has taxes for the environment.
• All levels of government and the private sector need to work on sustainable solutions that will protect
the environment without destroying the economy.

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Liberal and the Environment (Climate Change) | Is Canada better off?

  • 1. LIBERALS AND THE ENVIRONMENT (2015 VS 2021) Paul Young CPA CGA October 18, 2021
  • 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 • Introduction • GHG • Green / Clean Economy • Environmental Ranking • Innovation Ranking • Affordable Housing • Clean Technology / Transit • Infrastructure Bank and Infrastructure GAP • Water Management • Forest Management • Urban Planning • Circular Economy • ESG reporting
  • 4. INTRODUCTION Justin Trudeau came to office in 2015 and made bold statements including in areas like climate change - https://taf.ca/trudeaus-climate-platform-6-promises-were-watching/ Policy Area GHG Targets and Carbon Taxes Focus on $2B fund and emissions target per the Paris Accord Infrastructure Green solutions Social Infrastructure for Communities Prioritizing investment in affordable housing, seniors’ facilities, early learning and childcare, and cultural and recreational infrastructure is the focus of the party’s commitment. Supporting Technology & Innovation Kick-starting investment in innovation is intended to grow the economy, reduce carbon emissions, and create middle class jobs. Trudeau emphasizes investing in entrepreneurs and business innovation, especially in manufacturing Urban Infrastructure The New Building Canada Fund is an important source of infrastructure funding for Canadian communities, but more than 70% of its funding locked away until after 2019. Trudeau promises to make the New Building Canada Fund more focused and transparent. Investing in Public Transit Trudeau promises to fund transit in cities to address congestion, cut air pollution, and strengthen the economy.
  • 5. EMISSIONS https://torontosun.com/opinion/columnists/goldstein-wilkinsons-climate-change-math-does-not-add-up https://www.careourearth.com/the-list-of-countries-ranked-by-co2-emissions-per-square-kilometer/ Canada is a carbon sink with its water and landmass. Why are emissions per capita not based on land? https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-august-2021
  • 6. GREEN ECONOMY Blog – Growing the Circular Economy through better Climate Mitigation Policies I support better policies that encourage both the private and public sectors to move their operation model to zero-waste. More work needs to be done on policies related to waste-to-energy (CCA) or abolishing carbon taxation or streamlining of regulations and taxes or tax credits for environmental work, i.e., tree plant or water management or other areas of the environment. https://www.slideshare.net/paulyoungcga/how-to-advance-the-circular-economy-through-climate-mitigation-policies
  • 7. ENVIRONMENTAL RANKING • Canada has improved in its environmental ranking since 2014 but has dropped two spots from a low ranking of 18th • The problem has been the focus of the Liberals which have failed to address all issues facing the environment - https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change-october-2021
  • 8. INNOVATION RANKING Canada has struggle for the past few years with attracting key FDI, especially in areas like natural resources development. Canada has also struggle with how to best approach innovation. The so-called job clusters have failed to achieve the desired outcome. More needs to be done to better support innovation across Canada. The public sector payroll continues to grow. The size of government is becoming a enormous issues for many countries, especially in areas like value for money, improving outcomes, and tax fairness. Blog – What is next for Technology and Innovation - https://www.slideshare.net/paulyoungcga/what-is- next-for-technology-and-innovation
  • 9. AFFORDABLE HOUSING There have been systemic issues with housing for years: a) Availability of land b) Cost of material c) Cost of labor d) Permits / Taxes e) Lack of rural vs urban strategy f) Lack of innovation (modular, 3D printing, etc. g) Re-zoning of land/buildings h) Ridiculous bids and asks i) Re-assessing market value based on different facts, i.e., GDP Growth, Wages, renovations, property value assessments, etc. *** We need to stop throwing money at the symptoms and start addressing the root causes of the high cost of housing! All levels of government and the private sector need to work together as part of fixing the systemic issues with housing. https://www.slideshare.net/paulyoungcga/affordable-housing- and-homelessness-canada
  • 10. TRANSIT Blog – Transit – Canada – July 2021 Transit - https://www.netnewsledger.com/2021/09/14/federation-of-canadian- Public transit ridership increased in July, as COVID- 19 restrictions eased in many provinces and vaccination rates continue to climb. However, recovery toward pre-pandemic levels remains slow with ridership currently sitting at 40.5% of the number from the same month in 2019. https://www150.statcan.gc.ca/n1/daily-quotidien/210922/dq210922d-eng.htm and https://www.slideshare.net/paulyoungcga/how-is-transit-doing-in-canada-july-2021
  • 11. INFRASTRUCTURE BANK AND INFRASTRUCTURE GAP Four years into its mandate, funding is being disbursed by CIB much slower than planned. In the Canada Infrastructure Bank Spending Outlook, PBO estimates that CIB is unlikely to disburse $35 billion within its 11-year mandate, forecasting a shortfall of $19 billion. The PBO finds that the CIB’s funding delays may be due in part to policy choices. Nearly half of project submissions (189 projects) received to date fall outside the mandate the Government has assigned CIB because they are too small, lack a private or public sponsor, or are not in one of the priority areas. Source - https://pbo-dpb.gc.ca/en/blog/news-releases--communiques-de-presse/COM-2122-014--canada-infrastructure- bank-unlikely-to-meet-spending-objectives-says-pbo--la-banque-de-linfrastructure-du-canada-natteindra-probablement-pas- ses-objectifs-de-depenses-selon-le-dpb Despite promises in 2015 there still remains a significant infrastructure gap. Oct/21 - https://www.slideshare.net/paulyoungcga/construction-sector-canada-and-the-world-250468703 Nov/20 https://www2.slideshare.net/paulyoungcga/infrastructure-infrastructure-gap-analysis-of-construction Mar/18 https://www2.slideshare.net/paulyoungcga/infrastructure-bank-canada-march-2018
  • 12. WATER MANAGEMENT Much of the world is unprepared for the floods, hurricanes and droughts expected to worsen with climate change and urgently needs better warning systems to avert water-related disasters, according to a report by the United Nations’ weather agency. Global water management is “fragmented and inadequate,” the report published on Oct. 5 found, with nearly 60 per cent of 101 countries surveyed needing improved forecasting systems that can help prevent devastation from severe weather. As populations grow, the number of people with inadequate access to water is also expected to rise to more than 5 billion by 2050, up from 3.6 billion in 2018, the report said. Source - https://www.canadianmanufacturing.com/environment-and-safety/un-report-warns-of-global-water-crisis-amid- climate-change-273915/ Canada continues to dump sewage into waterway - https://tnc.news/2021/06/24/liberals-kill-bill-that-would-ban- dumping-raw-sewage-into-canadian-waters/ My work on water - https://www.slideshare.net/paulyoungcga/water-management-water-crisis-world-october-2021 My work on risk and crisis management - https://www.slideshare.net/paulyoungcga/why-there-needs-to-be-audited- reports-of-crisis-emergency-management-policies-and-procedures
  • 13. FOREST MANAGEMENT Liberals promise 2B trees - https://financialpost.com/diane-francis/diane-francis-trudeaus-two-billion-tree-promise- nothing-but-greenwashing . The problem is Liberals ignored existing policies related to tree planting! Lumber Production: Lumber production by sawmills decreased 14.8% from June to 4 199.4 thousand cubic metres in July. Production was 7.0% lower than in July 2020. https://www.slideshare.net/paulyoungcga/what-is-next-for-the- forestry-sector-250375882 Tree Planting Both provincial and local governments along with the private sector have their own programs when it comes to tree planning - https://www.newswire.ca/news-releases/forests-ontario-plants-2-8-million-trees-this-planting-season- 800757167.html or https://guelph.ca/2021/10/cn-and-tree-canada-collaborate-to-support-city-of-guelphs-tree- canopy-with-25000-grant/ or https://www.tdtreedays.com/ or https://www.canadianenergycentre.ca/oil-sands- producers-team-up-to-plant-more-than-five-million-trees/ Mitigating forest fires More needs to be done to mitigate the impact of forest fires - https://frontierinstitute.org/improve-policies-to-reduce- the-risk-of-future-catastrophic-wildfires/
  • 14. URBAN PLANNING 2021 Election Promise There seems to be a land grab by the Liberals - https://liberal.ca/housing/give-cities-the-tools-to-speed-up- housing-construction/ Many Liberals have REIT so you can bet they are licking their chops on this policy Summary: There needs to be more effective strategy when it comes to urban planning including climate change mitigation, affordable housing, traffic congestion, supply chain disruption, green transit solution, optimization of transits, etc. https://www.slideshare.net/paulyoungcga/how-do-you-best-support-urban-planning-rural-vs-urban Liberals through the past 6+ years have always thrown either money at the symptoms or came up with policies that has been effective to address issues with urban planning.
  • 15. CIRCULAR ECONOMY The Liberals since 2015 policies for the circular economy have been more about taxation and direct subsidies than policies that better support areas like innovation or capital cost allowance (Waste incineration and recycling) or development plug-in station capacity or development of critical metals infrastructure. How mounting refuse, consumer preference and digital technology are steering automakers toward sustainable products built for the circular economy. https://www.industryweek.com/leadership/corporate-responsibility/article/21140825/get-on-the- zerowaste-train-or-get-left-behind?utm_source=IY%20IW%20Daily%20Headlines%20- %20Morning&utm_medium=email&utm_campaign=CPS211006080&o_eid=7930I4506489J2B&rdx.ident%5 Bpull%5D=omeda%7C7930I4506489J2B&oly_enc_id=7930I4506489J2B It is not just automotive but other sectors are looking at better ways to help mitigate risks with climate change. My work - https://www.slideshare.net/paulyoungcga/how-to-advance-the-circular-economy-through- climate-mitigation-policies
  • 16. ESG REPORTING In a strategic move to increase operational efficiency while simultaneously reducing cost, many industrial business leaders have recently been prioritizing sustainability throughout their facilities. Sustainable manufacturing, which the U.S. Department of Commerce defines as using industrial processes that minimize negative environmental impacts and are safer for both employees and consumers, has been gaining momentum lately amid what the United Nations calls the “Decade of Action.” A recent study from Oxford Economics highlighted that 65% of companies have created a clear mission statement around sustainability, with another 23% noting that they are in the process of developing such a statement, for a total of 88% of companies prioritizing sustainability. Similarly, in a recent SAP survey, 46% of industrial business leaders shared that sustainability is top of mind for them throughout the manufacturing process, and 68% of them have reduced energy consumption at their businesses. https://www.thomasnet.com/insights/88-of-industrial-businesses-are-now-prioritizing-sustainable-manufacturing/?ecms_id=f3a900b0-35f4- 494d-8457-fda636ddd249&ecms_short=ART5960&doc_type=ted_video_article&parent_id=2fd67156-2dae-43a3-82d5- fdf35ab36f99&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&campaign_name=tiu2 11018&utm_campaign=tiu211018&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045 Additional links: Templates: https://ibm.box.com/s/nsbds2s5v8znpwqzc03p9urykbat38w0 Presentation: https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce
  • 17. SUMMARY • For the past 30 years all governments have failed to address issues with climate change. • Too much focus has been about taxing solutions as it relates to the environment. The government pre- carbon tax already has taxes for the environment. • All levels of government and the private sector need to work on sustainable solutions that will protect the environment without destroying the economy.