Blog – Education – Canada and the World – May 2021 1. ECE / new normal - https://www.communityplaythings.com/resources/articles/2021/Adjusting-to-the-New-Normal 2. Pension issues - https://www.thestar.com/business/2021/05/19/cupe-seeks-a-review-of-omers-pension-plan-performance-after-a-loss-in-2020.html 3. Pensions and ESG - https://pensionpulse.blogspot.com/2021/05/canadas-big-pensions-boost-stakes-in.html 4. Teacher salaries - https://www.narcity.com/these-are-the-highest-and-lowest-paying-canadian-cities-for-teachers 5. Brain drain - https://financialpost.com/news/economy/virtual-brain-drain-pandemic-immigration 6. Education/bias - https://guides.lib.umich.edu/c.php?g=637508&p=4462444 7. Skills gaps - https://www.techrepublic.com/article/up-to-12-5-million-americans-could-struggle-to-find-work-in-2030-due-to-a-growing-skills-gap/ 8. Gap - https://finance.yahoo.com/finance/news/pmi-talent-gap-report-highlights-150000097.html 9. New Normal - https://www.beekeeper.io/blog/new-normal-in-business/ 10. Scorecard - https://www.slideshare.net/paulyoungcga/key-macro-and-micro-indicators-canada-april-2021-and-march-201

1. EDUCATION –
CANADA AND
THE WORLD
PAUL YOUNG CPA CGA
JUNE 2, 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 – Customer Success Management
• SME – Costing and Profitability Solutions
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
Contact information: paul_young_cga@hotmail.com
LinkedIn - https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Experience customer success manager that focuses on
adoption, growth, and overall customer success with data,
AI, security, and platform.

3. AGENDA
• Canada – Educational funding
• Educational Expenditures by Province and Territories
• Education breakdown (Instruction)
• Average Teachers salary / Canada
• Education spending per capita / G20
• Education Global Ranking
• Best Educated countries
• What are the risks for education
• Blog – Brain Drain
• Blog – Job Quality
• Blog – Skills Gap
• Blog – GDP – March 2021

4. CANADA EDUCATIONAL FUNDING BY SOURCE

5. EDUCATIONAL SPENDING BY PROVINCE AND
TERRITORY

6. EDUCATION / INSTRUCTION

7. GRADUATES
RATES
SOURCE -
HTTPS://DATA.OECD.ORG/STUDE
NTS/SECONDARY-GRADUATION-
RATE.HTM

8. GRADUATION
RATES
SOURCE – STATS CANADA -
HTTPS://WWW150.STATCAN.GC.C
A/N1/PUB/81-604-
X/2018001/T/TBLA2.1-ENG.HTM

9. AVERAGE TEACHERS SALARY
Source - https://www.narcity.com/these-are-the-highest-and-lowest-paying-canadian-cities-for-
teachers#toggle-gdpr or https://ca.talent.com/salary?job=school+teacher

10. EDUCATION
SPENDING
PER CAPITA
SOURCE - OECD

11. BEST EDUCATED COUNTRIES
Source - https://worldpopulationreview.com/country-rankings/most-educated-countries

12. STEM RANKING
Ranking -
https://www.pewresearch.org/fact-
tank/2017/02/15/u-s-students-
internationally-math-science/

13. RISK FOR EDUCATION
• Cost of education, especially instruction costs continue to rise higher than the cost of inflation
• The new normal which could influence the delivery of education through online and reduced class size
• Aging schools
• Pension funding
• Students lacking the skills for jobs of today and tomorrow
• Graduation rates with minority groups like Indigenous
• Climate footprint for schools
• Revamping STEM as way of looking at how best to align skills required to today and tomorrow jobs

14. BLOG – BRAIN DRAIN
The 2021 budget for Canada did little to address the issues facing innovation in Canada. The Liberals since they took office in
2021 decided to increase both taxes and regulations. Canada competitiveness has fallen over the past few years -
https://ncca.co/news/canadian-economic-competitiveness-falls/
The role of any government is set policies that protect the environment while growing the economy in a sustainable way -
https://www.slideshare.net/paulyoungcga/gdp-canada-industry-february-2021
1. Brain drain -
https://www.reddit.com/r/PersonalFinanceCanada/comments/n72dar/brain_drain_is_a_problem_for_canada_that_isnt/
2. Data scientists - https://natoassociation.ca/a-deeper-look-at-the-canadian-ai-talent-brain-drain/
3. Brain drain - https://www.pressreader.com/canada/national-post-latest-edition/20210504/281505049083677
4. The jobs of today and tomorrow will require years of skills and experience - https://www.slideshare.net/paulyoungcga/how-
both-the-private-and-public-sectors-can-better-managed-their-human-capital-requirements
5. Path to innovation - https://www.slideshare.net/paulyoungcga/path-to-innovation-for-canada-244663371

15. BLOG – JOB QUALITY
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-april-2021-updated-
april-23-2021
I am all for creating jobs and strong economic growth that protects the environment while growing the
economy in a sustainable way.
UBI has not been very successful in other parts of the world https://www.businessinsider.com/finland-
basic-income-experiment-reasons-for-failure-2019-12
UBI to be successful, then it needs to be tied to outcomes (employment & wage growth)
https://www.slideshare.net/paulyoungcga/wages-and-employment-canada-february-2021
Where is the discussion on refining existing programs?

16. BLOG – SKILLS GAPS
@marcomendicino
• Fix the job vacancy issues with recent grads and those unemployed.
• Revamp all social welfare programs as part of reforming EI.
• Stop your excessive tax and regulations.
Source - https://www.slideshare.net/paulyoungcga/human-capital-management-skills-development-analysis-and-
commentary-february-2021 or https://www.slideshare.net/paulyoungcga/career-and-employment-outlook-for-
canada-and-united-states-may-2021

17. BLOG – GDP MARCH 2021
• https://financialpost.com/news/economy/disappointing-gdp-growth-offsets-worries-central-bank-
governments-are-overdoing-it?utm_medium=Social&utm_source=Twitter#Echobox=1622571793
• The USA refuses to negotiate the softwood lumber deal (per Seamus O’Regan).
• Real Estate accounts for the largest portion of GDP by Industry.
• Natural resources are seeing more FDI from countries like China.
• GDP per capita continues to struggle.
• https://www.slideshare.net/paulyoungcga/gdp-by-industry-canada-march-2021

18. SUMMARY
• Educational has made strides with graduation rates. The problem is many job loss during the 2020 pandemic recession
were in unskilled areas. Grads today need to be better aligned with jobs of today and tomorrow
• All level of government need to address factors that are driving inflation.
https://www.slideshare.net/paulyoungcga/cost-of-living-canada-april-2021
• The new normal will continue transform both the public and private sectors. Education will need to adapt to the new
normal - https://www.slideshare.net/paulyoungcga/new-normal-for-canada-and-the-world-248752153
• Pension funding is a big issue for both private and public sectors, especially public sector pensions due to pension
commitments - https://www.slideshare.net/paulyoungcga/retirement-and-government-pensions-canada-and-the-
world-march-2021
• Education should stop pushing left-leaning agenda and focus on teaching the skills required today which are
interpersonal communication, judgement, critical thinking, teamwork, etc.
https://www.envisionexperience.com/blog/13-essential-21st-century-skills-for-todays-students

19. 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