The old saying "Those that do not remember history are then deemed to repeat the same history"

1. Pierre Trudeau vs Justin
Trudeau
PAUL YOUNG CPA CGA
MAY 10, 2020

2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Business Process
Changes
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain
Management
• Academia – Advance
Accounting, Public Finance and
Advanced Management
Systems
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 1974 Recession
 Immigration / Illegals
 Pierre Trudeau Legacy
 Justin Trudeau failure with Keynesian Economics
 Training
 Other sources

4. 1974 Recession  Oil embargo / Oil Prices - https://www.thebalance.com/opec-oil-embargo-causes-and-
effects-of-the-crisis-3305806
 High inflation - https://www.nytimes.com/1974/07/28/archives/how-the-world-
economy-got-into-this-mess-in-spite-of-vietnam-oil.html
 Price and Wage controls - Like father like son @JustinTrudeau
 https://www.macdonaldlaurier.ca/history-wars-was-trudeau-a-disaster-david-frum-and-
lawrence-martin-debate/
 It will take decades to fix the fiscal and economic mess left by Trudeau

5. Immigration /
illegals
 “Canada has opened an intensive two-month
search for foreigners who are in the country
illegally not to get them out but to welcome them
in.The purpose of the drive which is being widely
publicized here in two dozen Ianguages besides
English and French, is to give illegal immigrants a
last chance to regularize their status — or as one
newspaper advertisement puts it, “to make our
country your country.”
 ”Source -
https://www.nytimes.com/1973/09/09/archives/ca
nada-is-offering-amnesty-to-illegal-immigrants-
citizenship.html

6. Pierre Trudeau Legacy
Source - https://www.macdonaldlaurier.ca/history-wars-was-trudeau-a-disaster-david-
frum-and-lawrence-martin-debate/

7. Justin Trudeau / Failure with Keynesian
Economics
Here is my review of Trudeau failure attempt on Keynesian economics. Trudeau used the same failed model deploy by Obama
with the USA economy.
https://www.slideshare.net/paulyoungcga/failure-of-economics-policies-trudeaunomics
@JustinTrudeau has never learnt from history including the failures of @BarackObama economic policies. Trudeau's approach
stimulating the economy has failed just like what Obama did under his presidency. This should be a lesson for people!
https://www.slideshare.net/paulyoungcga/the-importance-of-value-for-money-and-perfomance-based-audits
Trudeau has been a failure on open and transparent government - https://www.slideshare.net/paulyoungcga/has-justin-
trudeau-been-truly-open-transparent-and-accoountable-when-it-comes-to-governing-canada

8. Other Sources
 Foreign Policies and Affairs - https://www.slideshare.net/paulyoungcga/foreign-and-global-affairs-is-
canada-back
 Natural Resources - https://www.slideshare.net/paulyoungcga/canada-needs-a-natural-resources-
development-and-export-strategy
 Middle class - https://www.slideshare.net/paulyoungcga/has-canada-middle-class-benefited-from-justin-
trudeau-and-liberal-government
 Scorecard - https://www.slideshare.net/paulyoungcga/justin-trudeau-economic-and-fiscal-record-
november-2015-to-february-2020
 Fiscal Cycle - https://www.slideshare.net/paulyoungcga/fiscal-and-economic-management-canada-
230721080

9. Other Sources
 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.co
m/ (search Paul Young
CPA CGA