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. 1. In demand skills - https://www.analyticssteps.com/blogs/most-demand-technologies-2022 2. BI - https://www.analyticsinsight.net/top-business-intelligence-trends-and-predictions-for-2022/ 3. Top AI - https://www.simplilearn.com/tutorials/artificial-intelligence-tutorial/artificial-intelligence-applications 4. Switzerland continues to dominate the world in terms of innovation - https://www.iamsterdam.com/en/business/news-and-insights/news/2021/the-netherlands-ranks-sixth-in-global-innovation-index-2021 5. Sustainable - https://behrtech.com/blog/iot-and-sustainability-7-applications-for-a-greener-planet/ 6. Sustainable - https://energywatch-inc.com/sustainability-trends-2021-2022/ 7. Report Canada - https://www.conferenceboard.ca/focus-areas/innovation-technology/innovation-report-card 8. FDI - https://betakit.com/canadian-municipal-regions-call-on-federal-government-for-more-support-for-foreign-direct-investment-program/ 9. Job vacancies - https://www150.statcan.gc.ca/n1/daily-quotidien/210921/dq210921a-eng.htm 10. Skills gap - https://www.dashe.com/blog/unraveling-digital-skills-gaps-in-the-modern-workplace

1. TECHNOLOGY – WHAT
NEEDS TO HAPPEN FOR
CANADA AND THE WORLD
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
• Sluggish Growth
• Top Technology – 2020
• Top 7 – Amazing Technology / 2017
• Stock Market
• Top Technologies for 2019
• Top 25 fastest growing companies
• Trading and Disruptive Technology
• Streaming
• Key characteristics of fastest growing companies
• What can be done to support up and coming companies
• Virus/Crisis Management
• Blog – Trudeau and Technology
• Blog – Clean Technology
• Blog – AI
• Country ranking by entrepreneur
• Brain Drain
• Small Tech vs Large Tech
• Disruptive Technology
• Top areas of focus for information technology
• Data and AI
• Education
• Automation and Robots
• What’s need to happen

4. INNOVATION RANKING

5. TOP TECHNOLOGY FOR 2020
Source - https://www.simplilearn.com/top-technology-trends-and-jobs-article

6. TOP TECHNOLOGY
FOR 2022
Source -
https://www.businesswire.com/news/ho
me/20211013005714/en/Top-5-
technology-trends-for-2022-
%E2%80%93-BearingPoint-survey

7. TOP 2022 PREDICTION
Source - https://www.forbes.com/sites/forbestechcouncil/2021/10/15/16-experts-predict-the-tech-trends-that-
will-dominate-industry-in-2022/?sh=73e30a1f6480
1. Automation – Documentation, IT processes, and other processes
2. Predictive Analytics
3. Focus on software quality standards
4. Smart city technologies
5. Web 3.0
6. Low code/no code solutions
7. Transparency about software
8. Adoption of cloud technology
9. Deep fakes
10. Voice technology
11. Teleworking
12. Battery technology
13. Cyber scoring
14. Ethical AI
15. Non-fungible tokens
16. Replacement of legacy systems

8. AUTOMATION
1. More interest in automation from small to medium-size companies
2. Automation with management of pandemic and other geopolitical events -
https://www.slideshare.net/paulyoungcga/how-to-mitigate-geopolitical-risks-as-part-of-safeguarding-
your-assets
3. Understanding of automated workflows
4. More progress in automated deliveries
5. Increased Disability Awareness in the Self-Driving Vehicles Space
6. The Home Automation Market Continues to Grow
Source - https://betanews.com/2021/05/17/6-automation-trends-in-2021/

9. TOP TECHNOLOGY TO WATCH – INDUSTRY WEEK
Source - https://www.industryweek.com/technology-and-iiot/media-gallery/22028670/top-10-technologies-to-
watch-in-2020
1. 5 G Network - https://www.slideshare.net/paulyoungcga/global-security-threats-from-5g-leads-to-new-selection-of-
5g-vendors
2. Drones
3. Wearables
4. 3D Printing - https://www.slideshare.net/paulyoungcga/3d-printing-whats-next
5. Edge Computing - https://www.marketwatch.com/press-release/edge-computing-market-is-set-to-experience-
revolutionary-growth-by-2027-key-players-cisco-hpe-dell-technologies-ibm-amazon-web-services-foghorn-systems-
2020-08-25?mod=mw_more_headlines&tesla=y
6. Blockchain - https://aithority.com/guest-authors/blockchain-technology-in-the-future-7-predictions-for-2020/
7. Quantum Computing - https://www.quantaneo.com/Top-5-trends-in-quantum-technology-to-look-for-in-
2020_a397.html
8. IOT
9. Robotics and Automation - https://www.slideshare.net/paulyoungcga/whats-next-for-automation-private-and-public-
sector
10. AI and Machine learning

10. TOP 7 AMAZING TECHNOLOGY
1. 2019 Robotics usage is estimate to be $115B or about 18% increase -
https://www.roboticsbusinessreview.com/manufacturing/global-spending-on-robots-drones-to-top-
115b-in-2019-says-idc/
2. IoT/Sensors market - IoT Sensors Market was valued at USD 5,050.0 million in 2017 and is expected to
reach USD 22,150.0 million in 2025, growing at a healthy CAGR of 32.9% for the forecast period of
2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of
calculation is 2017 and the forecast period is 2018 to 2025. – Source - https://journalbitcoin.com/iot-
sensors-market-2019-2025-emerging-market-trends-size-share-and-growth-analysis/
3. 3-D Medical Implants –According to the report, global 3D printing medical devices market was valued
at approximately USD 0.89 billion in 2017 and is expected to generate revenue of around USD 2.34
billion by the end of 2024, growing at a CAGR of around 18% between 2018 and 2024. Source -
https://globenewswire.com/news-release/2018/07/18/1538822/0/en/Global-3D-Printing-Medical-
Devices-Market-Will-Reach-USD-2-34-Billion-by-2024-Zion-Market-Research.html
4. UN – Basic Right / Internet Access - https://www.techzim.co.zw/2019/01/internet-access-is-a-human-
right-united-nations-report/
5. Car Sharing - MRS Research Group added Market Research has published a new report titled Global
Car-Sharing market was estimated at USD million in 2018 and expected to reach USD million by the
end of 2025, growing at a CAGR of between 2018 and 2025. – Source -
https://globenewswire.com/news-release/2019/01/15/1691561/0/en/Global-Car-Sharing-Market-
2018-is-Set-to-be-a-Billion-Dollar-Industry-by-2025-According-to-Market-Forecasts-MRS-Research-
Group.html
6. Phone implants – Wearable devices - https://www.dr-hempel-network.com/digital-health-
technolgy/implantable-wearables-in-healthcare/
7. AI / Manufacturing - The AI in manufacturing market is expected to grow from USD 1.0 billion in 2018
to USD 17.2 billion by 2025, at a CAGR of 49.5% - Source - https://www.prnewswire.com/news-
releases/the-ai-in-manufacturing-market-is-expected-to-grow-from-usd-1-0-billion-in-2018-to-usd-
17-2-billion-by-2025--at-a-cagr-of-49-5-300785186.html

11. EMPLOYMENT AND
AUTOMATION
Source -
https://financesonline.com/jobs-lost-to-
automation-statistics/

12. STOCK MARKET – W/E OCTOBER 15, 2021
There are many challenges facing the world including rising energy prices, supply chain disruption, geopolitical risks, and
events.
Both the public and private sector will need to be agile with their budgeting and forecasting cycle as part of mitigating
various risks impacting its operations.
https://www.slideshare.net/paulyoungcga/what-is-up-with-stock-marklet-october-15-2021

13. ECONOMIC GROWTH
Source - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf or https://www.scotiabank.com/ca/en/about/economics/economics-
publications/post.other-publications.global-outlook-and-forecast-tables.scotiabank's-forecast-tables.2020.august-4--2020.html

14. TOP TECHNOLOGY FOR 2019
Source - https://www.simplilearn.com/top-technology-trends-and-jobs-article
Technology Canada Rest of the World
Artificial Intelligent Cdn busineses are struggling with adopting AI - https://www2.deloitte.com/ca/en/pages/press-
releases/articles/ai-adoption-among-canadian-businesses-stagnant.html
Asia and EU dominate the adoption http://strategyonline.ca/2018/09/20/how-canadian-companies-rank-on-
ai-adoption/
Machine Learning Machine Learning adoption has been slowed in Canada
https://business.financialpost.com/technology/canada-risks-losing-its-artificial-intelligence-
edge-as-adoption-lags-and-the-tech-goes-mainstream
Machine learning adoption is world-wide issue as there is lack of skill - https://www.information-
age.com/machine-learning-adoption-123477194/
Robotic Process Automation or RPA Canadian businesses have been adopting robotic technology -
http://www.digcompass.ca/intelligent-industrialization-the-next-wave/mapping-canadas-
industrial-automation-industry/
Asia and EU have adopted robotic/automation for many years.
https://www.scottautomation.com/news/articles/robotic-boom-will-bring-1-3-million-robots-by-2018/
Blockchain Canada is leading in development of block chain - https://cointelegraph.com/news/why-canada-
has-emerged-as-a-leading-blockchain-and-crypto-nation-expert-take
Blockchain is expanding globally - https://irishtechnews.ie/global-blockchain-adoption-which-countries-are-
leading-the-charge/
Edge Computing More and more Cdn businesses are adopting edge computing -
https://www.itbusiness.ca/slideshows/what-does-2019-have-in-store-for-canadian-enterprises
Market continues to grow https://www.grandviewresearch.com/industry-analysis/edge-computing-market
Virtual Reality and Augmented Reality Cdn businesses have been slow to adopt AR -
https://www.statista.com/statistics/866903/canada-augmented-virtual-reality-market-size/
Global market continues to see growth - https://www.marketwatch.com/press-release/virtual-and-
augmented-reality-market-is-set-to-grow-us-117-billion-by-2022-2019-01-03
Cybersecurity Canada can do more to support cybersecurity - https://www.itworldcanada.com/article/cyber-
security-predictions-roundup-for-2019/413245
Global Market continues to see growth -
https://www.businesswire.com/news/home/20181221005269/en/Global-Cyber-Security-Market-2024-
Increase-E-commerce
Internet of Things More can be done - https://business.financialpost.com/investing/five-canadian-iot-stocks-flying-
under-the-radar
There has been a slow adoption around the world - https://www.prnewswire.com/news-releases/iot-growing-
in-importance-but-enterprise-adoption-lags-pace-of-development-says-isg-research-300625588.html
Cloud https://www150.statcan.gc.ca/n1/daily-quotidien/190313/dq190313b-eng.htm “In 2017,
over 4 in 10 enterprises (42.8%) used at least one type of advanced technology. Business
intelligence technologies (22.5%), such as cloud-based computing systems and big data analytical
tools”
Global market” The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total
$214.3 billion, up from $182.4 billion in 2018, according to Gartner, Inc.” -
https://www.gartner.com/en/newsroom/press-releases/2019-04-02-gartner-forecasts-worldwide-public-
cloud-revenue-to-g
Digital Public and private sector are slowly adapting to digital Many countries continue to move forward with digital strategy

15. TOP STEAMING SERVICES
Source - https://www.makeuseof.com/tag/the-best-tools-to-watch-tv-on-your-computer/
Ranking Name
1 Netflix
2 Hulu
3 Amazing Prime Video
4 Vudu (Walmart)
5 Xfinity Stream
6 iTunes
7 Google Play
8 FandangoNOW
9 Sling TV
10 YouTube TV
11 Playstation Vue
12 DirecTVNow
13 USATVNow
14 PlutoTV
15 FuboTV
Many network have their
own streaming services,
i.e. TSN, CTV, CBS, ABC,
etc.
Disney+ Launched - November 2019
Source -
https://www.forbes.com/sites/donreisin
ger/2020/06/19/disney-says-its-ended-
the-disney-free-trial-because-of-its-
compelling-entertainment-
offering/#f8c1487ef319

16. FASTEST GROWING COMPANIES/CANADA – TOP 40
Source - https://www.canadianbusiness.com/lists-and-rankings/growth-500/2018-ranking-g500/

17. TRADING AND INVESTING –
DISRUPTIVE TECHNOLOGY
Source -
https://www.nextbigfuture.com/2019/03/trading-
investing-with-disruptive-
technologies.html?utm_source=feedburner&utm_mediu
m=feed&utm_campaign=Feed%3A+blogspot%2Fadvanced
nano+%28nextbigfuture%29
Fund managers have already embraced cutting-
edge technology in the form of blockchain and
over 2000+ digital counties which now populate
this fantastic new arena. A caveat is in order
however: the spectacular growth which saw
this industry exceed $800 billion by Q4 2017
rapidly reversed to become a $133 billion
market by present-day standards.

18. IT OUTSOURCING
Source - https://www.cfo.com/technology/2019/08/it-outsourcing-at-a-five-year-
high/?utm_campaign=CFODailyAlert&utm_nooverride=1&utm_source=CFO-
email&utm_medium=email&utm_content=CFODailyAlert_Tuesday_2019-8-6&utm_term=technology

19. CHARACTERISTICS OF FAST GROWING COMPANIES
• Take on the world (exports)
• Export Development Corporation
• Leveraging Trade and Investment deals (FIPA)
• Embrace transparency
• Motivating employees to succeed
• Stock Options
• Compensation
• Empowering collaboration
• Become a skills factor
• Continue to develop key skills that will drive performance (IT, Supply Chain, Pragmatic Marketing, etc.)
• Cultivate resilience
• Those that adjust to changes survive prosper and those that do not are gone
• Build with a big mind
• Constantly review business processes to ensure efficiency, controls and effectiveness are enforced.

20. SMALL BUSINESS TAX CHANGES
Source - http://www.bnn.ca/rosenberg-proposed-small-business-tax-changes-make-no-sense-1.860591
The federal government’s proposed changes to taxes for private corporations “make no sense” and will
increase the chances of a Canadian recession, according to Gluskin Sheff Chief Economist David
Rosenberg.
“The consequences of these proposals are going to be very far reaching,” the influential economist told BNN
in an interview Tuesday. “We are going to add on another layer of complexity to the Canadian economy right
now with these tax changes -- that makes absolutely no sense to me, whatsoever.”
Despite the recent strength of Canada’s economy, Rosenberg says the outlook for Canada remains
precarious as the economy braces for the impact of a rising loonie, a housing slowdown and continued
uncertainty about the future of the North American Free Trade Agreement.
“The risk of a recession is obviously heightened by these tax changes,” he said.
On top of that, small businesses in Ontario have already absorbed higher provincial taxes and could soon
face a 30 percent hike in the minimum wage and rising electricity rates. The circumstances are eerily similar
to the early 1990s when Ottawa brought in the controversial Goods and Services Tax that pushed Canada’s
economy into a recession, Rosenberg said.

21. CANADA AND IT HUB
Source - https://techcrunch.com/2017/04/20/canada-is-north-americas-up-and-coming-startup-center/
And it’s no surprise that startups excel in the country. Sure, there
is less access to VC funding and the persuasive call of Canada’s
southern neighbor, but the Canadian government is working hard
to build and keep successful startup ecosystems. There is a
huge selection of government aid available to small businesses,
some of which includes grants that don’t have to be paid back.
Alongside substantial government backing is Canada’s array of
world-class universities. The University of Waterloo —
increasingly known as Canada’s answer to MIT — sees
incredible numbers go to Silicon Valley every year, while others
all over the country produce thousands of talented grads.
While eventually losing out to Colombia, Canada was shortlisted
as country of the year by The Economist in 2016. The United
States’ northern neighbor boasts world-class universities and
resources to develop talent and, currently, the Canadian dollar is
0.75 cents to the American dollar. This means a highly educated
workforce is available for less capital for entrepreneurs all over
the world who are ready and willing to make the leap to Canada
• Government innovation funds -
https://www.slideshare.net/paulyoungcga
/federal-government-programs-to-
support-innovation-and-business
• CPC continue on the commitment started
by Paul Martin in terms of innovation
Funds -
http://www.ottawalife.com/article/innova
tion-in-canadas-science-and-technology-
sector-prime-minister-stephen-harpers-
new-strategy
• IBM and Federal Government -
https://beta.theglobeandmail.com/news/
politics/ottawa-reveals-details-of-15-
billion-fund-for-science-
strategy/article21957502/?ref=http://ww
w.theglobeandmail.com&
• Incubation centers – Key Areas
• Waterloo, Markham, Quebec City,
Montreal, Kingston, Vancouver and
Ottawa

22. CANADA AND TECHNOLOGY
https://www.cp24.com/news/trudeau-looks-to-lure-tech-talent-capital-north-in-san-francisco-visit-1.3794557
Why would capital come to Canada from the Tech Belt?
Here are the issues when it comes to business investment:
• Carbon Tax – Prices continues to rise as impact of carbon pricing works itself through the economy - https://www.bnn.ca/awash-in-red-ink-canadian-
clean-tech-struggling-despite-ottawa-s-green-goals-1.729679 or https://www.youtube.com/watch?v=0jIrmGIh1Lc&t=2s
• Small Business - https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-taxes/ (KW is home to Chagger’s riding)
• Canada already has vibrant technology market for decades - https://www.thestar.com/business/2016/07/25/canadas-high-tech-bigger-than-thought-
report-finds.html. It was previous government policies from both Martin and Harper that supported growth
• Tech companies are concern with government possibly making changes to stock options - http://www.cbc.ca/news/business/stock-option-deduction-
tax-rate-1.4030442. Liberals have a spending problem as such they now have a structural deficit - https://www.slideshare.net/paulyoungcga/fiscal-
management-canada-debt-to-gdp-and-surpluses-deficits-december-2017
• Trudeau has been handing out innovation moneys - https://www.fin.gc.ca/fiscmon-revfin/2017-11-eng.asp (The government has bump up grants by
close to $400M). The problem is that innovation takes time to go from incubation to commercialization
• Technology continues to advance in areas like AI, vertical farming, etc. Canada plays part in many of those areas -
https://www.slideshare.net/paulyoungcga/top-technology-trends-for-2018
• It is not one policy that attracts business investment. The problem is Canada is less competitive today than it was back in 2015 -
https://www.slideshare.net/paulyoungcga/competitiveness-canada-vs-other-countries-january-2018
• Trudeau seems more happy with photo ops and selfies than actually dealing with issues facing Canadians like Kinder Morgan -
http://www.timescolonist.com/news/local/horgan-rejects-retaliation-for-alberta-s-wine-ban-1.23167977
• Clean Technology fund is losing money - https://business.financialpost.com/technology/liberals-600-million-cleantech-fund-is-losing-money-and-
struggling-to-find-investments
• Canada has had innovation areas for many years. There has been many business parks created that are align with colleges and university -
https://dailynews.mcmaster.ca/article/mcmaster-and-hamilton-startup-incubator-celebrates-third-anniversary/
• Canada already had many innovation funds created by previous governments - https://www.slideshare.net/paulyoungcga/federal-goverment-canada-
innovation-investment

23. CLUSTER FAILURES / CANADA
https://financialpost.com/technology/liberals-supercluster-program-falling-short-of-promised-jobs-economic-growth or PBO -
https://betakit.com/supercluster-funding-74-million-behind-schedule-according-to-new-pbo-report/
I have argued for many years that all post-secondary schools should be innovation hubs as part of aligning private sector with
education as part of taking ideas from incubation to market
a) Has Canada lost its way with innovation - https://www.slideshare.net/paulyoungcga/2019-election-innovation-and-rd-
canada-2014-to-2017
b) I have looked at key clusters with fisheries and oceans. The money could have flowed through existing grant programs.
There was no need to create a new entity - https://www.slideshare.net/paulyoungcga/aquaculture-fish-farming-and-
harvesting-analysis (see slide 17)
c) I look at innovation over 4 years ago as part of looking at ways to best support taking ideas from incubation to market -
https://www.slideshare.net/paulyoungcga/innovation-and-research-and-development-tax-credits-canada
d) Too many people do not understand subsidies. Direct subsides are a problem, especially if the program picks and chooses
winners and losers. The best way to handle support is via the tax code - https://www.slideshare.net/paulyoungcga/subsidies-
vs-taxation-analysis-and-commentary
e) More focus needs by all level of government on policies and programs that support economic growth as well as protect the
environment - https://www.slideshare.net/paulyoungcga/getting-goods-to-market-what-needs-to-happen-by-all-levels-of-
government

24. CRISIS MANAGEMENT
Source - https://www.industryweek.com/technology-and-iiot/media-gallery/21126839/tale-of-covid19-crisis-inspiring-innovations
1. Drones providing indoor disinfection
2. Solving last mile issues - Supply Chain Management and Robots
3. Virtual tours and meetings - AR/VR production visits
4. Monitoring of patients - Constant temperature monitoring
5. Advance remote monitoring and testing
6. 3-D printing of supplies
7. Improvement containment – Tracking/isolating events
8. Enabling virtual pods
9. Retail store / Improving inventory automation and checkout
10. Manufacturers working together to deal with supply issues - Coming together to address supply chain issues
11. Protecting front-line workers (3-d printing of masks and other equipment)
12. Video messaging
13. Expanding medical training opportunities

25. BLOG – CLEAN TECHNOLOGY
There was $204M increase in Mfg. sales for September 2017 as compare to
August 2017. The main leaders have been coal and Oil. Are coal and oil not
targets for McKenna? https://ca.reuters.com/article/topNews/idCAKBN1DG1X2-
OCATP
McKenna https://www.thestar.com/news/canada/2017/11/13/environment-
minister-catherine-mckenna-uses-twitter-to-protest-pro-coal-event-at-cop23.html
“While the event was underway, McKenna staged her own protest of sorts
on Twitter, using her account to promote alternatives such as solar power
and suggest that phasing-out coal is a massive opportunity for innovation.
Later this week, McKenna and British climate minister Claire Perry are to
launch an alliance to get the rest of the world to sign a pledge to move away
from coal. (FYI – Where is the discussion on cost to attract raw materials
like vanadium or aluminum or lithium or rare metals? Where is discussion
that coal is used to make steel? Where is the discussion that you have
mined=>Refined=>Fabricate=>Ship=>Install?
https://www.slideshare.net/paulyoungcga/clean-technology-raw-
materials-and-clean-products-canada-november-2017
I guess McKenna must have slept through both economics and accounting
courses or she would see businesses need to be viable:
http://www.bnn.ca/awash-in-red-ink-canadian-clean-tech-struggling-despite-
ottawa-s-green-goals-1.729679

26. BRAIN DRAIN /
CANADA
•Source -
https://www.immigration.ca/canadas-
brain-drain-figures-show-technology-
graduate-exodus
Employment / Canada
Source - https://www.itbusiness.ca/news/employers-hiking-salaries-to-attract-
new-hires-but-forgetting-about-current-staff-hays-reports/108042
Tech job growth in Canada has been increasing over the past couple of years –
Toronto was ranked as the top city for growth in 2017 with more new tech jobs
than San Francisco, Seattle and Washington D.C. combined.
But the demand for talent continues to outpace the number of available skilled
candidates. About 76 per cent of employers reported to Hays they have
experienced a moderate to extreme skills shortage. Retirement, as well as a lack
of training and professional development programs at universities and colleges in
Canada, are contributing to this shortage

27. SMALL TECH VS LARGE TECH

28. TECHNOLOGY / BLOG - TRUDEAU
Source - https://www.canadianmanufacturing.com/financing/innovation-network-in-ontario-to-help-create-18k-jobs-231162/
Speaking in Kitchener, Ont., on Tuesday, Prime Minister Justin Trudeau said the investment in a growth and
innovation network brings together three top innovation hubs – Communitech, MaRS Discovery District, and Invest
Ottawa.
As part of the investment, Communitech will receive $18 million, MaRS Discovery District will receive $17.5 million,
and Invest Ottawa will receive $16.9 million.
The three organizations will pool resources to create and implement the Scale-Up Platform, a venture that will help
30 Ontario companies scale up and achieve revenues of $100 million or more by 2024, as well as provide services to
thousands of others.
• Government role is not to pick and choose winners and losers
• The above handouts do not deal with systemic issues facing businesses across Canada, i.e. hikes to CPP, forced
carbon tax (applies to power generation), more red tape, etc., -
https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
• I support innovation centers, but those innovation centers should be at all post-secondary institutions.

29. BRAIN DRAIN
• https://www.cbc.ca/news/canada/kitchener-waterloo/prime-minister-trudeau-kitchener-tech-hub-announcement-
1.5099705?fbclid=IwAR1tGzcvzzdu0ywPk9Qv2XS59At4aMGafy91XAq2xZn_FIq_VQeUAtU4LMw
• @JustinTrudeau policies are also leading to brain drain!
https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
•
• https://www.cbc.ca/news/canada/kitchener-waterloo/prime-minister-trudeau-kitchener-tech-hub-announcement-
1.5099705?fbclid=IwAR1tGzcvzzdu0ywPk9Qv2XS59At4aMGafy91XAq2xZn_FIq_VQeUAtU4LMw
•
• @JustinTrudeau policies are also leading to brain drain!
https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
@BardishKW
Do you spend any time with startups? I bet you don't
@emilia_suze
• Brain Drain - https://www.theglobeandmail.com/business/technology/article-canada-facing-brain-drain-as-young-tech-talent-leaves-for-silicon/
• Canadian Technology community not happy with small business tax reforms - https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-
taxes/
• There needs to be better alignment of education with jobs of today and tomorrow - https://www.slideshare.net/paulyoungcga/skills-gap-education-and-training-
canada-march-2019

30. ENTREPRENEUR RANKING BY COUNTRY
Source - https://thegedi.org/global-entrepreneurship-and-development-index/ or https://www.cbc.ca/news/business/entrepreneurship-in-canada-ranks-2nd-in-world-report-
says-1.3093290
CBC – May 29, 2015 – (Canada Rank #2)

31. 2019 ELECTION
https://www.cbc.ca/news/canada/toronto/trudeau-credits-immigration-for-
canada-s-growing-tech-sector-at-toronto-conference-
1.5142924?fbclid=IwAR27_pOZxa1cXuRNKsI8ItiexjTadMI2nIPmZ62t5DjcpUdF
dP9BtSBlISo
Lower carbon economy?
https://twitter.com/inklessPW/status/1130640454586949632
BTW: Technology has been growing long before Trudeau took office. Trudeau
has hindered the tech sector with his new small business taxes, i.e. income
sprinkling and passive income rules.
https://www.slideshare.net/paulyoungcga/2019-election-issues-technology-
sector-canada-april-2019
Someone needs to explain to PM Zoolander that technology must be viable!
Growing tech sector? It would be doing much better if @justintrudeau
address his poorly constructed tax and economic policies!

32. DISRUPTIVE TECHNOLOGY
Source - https://www.nextbigfuture.com/2019/08/investing-in-disruptive-innovation-
suglobalsummit.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29

33. BLOG # 1 – TRUDEAU
AND TECHNOLOGY
• https://www.cbc.ca/news/canada/toronto/trudeau-credits-immigration-for-canada-s-growing-tech-sector-at-toronto-conference-
1.5142924?fbclid=IwAR27_pOZxa1cXuRNKsI8ItiexjTadMI2nIPmZ62t5DjcpUdFdP9BtSBlISo
• Lower carbon economy?
• https://twitter.com/inklessPW/status/1130640454586949632
• BTW: Technology has been growing long before Trudeau took office. Trudeau has hindered the tech sector with his new small
business taxes, i.e. income sprinkling and passive income rules.
• https://www.slideshare.net/paulyoungcga/2019-election-issues-technology-sector-canada-april-2019
• Someone needs to explain to PM Zoolander that technology must be viable!
• Growing tech sector? It would be doing much better if @justintrudeau address his poorly constructed tax and economic policies!
- https://www.bdo.ca/en-ca/insights/tax/tax-articles/implications-of-the-governments-tax-changes-on-the-technology-sector/

34. 2019 ELECTION - TECHNOLOGY
@JustinTrudeau focus has been on appeasing the tech giants not the startups! Trudeau tax policies, i.e. income splitting, passive
income, etc. have discourage people to start companies up in Canada.
https://www.slideshare.net/paulyoungcga/2019-election-technology-sector-canada-august-2019 or
https://www.slideshare.net/paulyoungcga/2019-election-innovation-canada-august-2019 or
https://www.slideshare.net/paulyoungcga/2019-election-small-business-and-entrepeneur-canada-august-2019
https://business.financialpost.com/opinion/jack-mintz-low-productivity-is-making-canada-poorer-heres-how-we-can-fix-that
Leaders in the data economy - https://hbr.org/2019/01/which-countries-are-leading-the-data-
economy?utm_campaign=PostBeyond&utm_medium=Social&utm_source=LinkedIn&utm_term=%23309215 - Canada is one of
leader, but still lags the United States.

35. SMALL BUSINESS / IT
@BardishKW @mary_ng I have worked with small bus. for nearly 30 yrs. as such your small business reforms are hurting
them. You did not listen to small bus. tax concerns, why?
@mary_ng any input or do you need to go to @tylermerdith or @telfordk for a response
How come the top 1% is paying less in taxes
What support would that be? It is not the small business tax changes as entrepreneurs told Morneau to make the changes
and he did!
https://www.theglobeandmail.com/politics/article-high-income-earners-paid-46-billion-less-in-taxes-in-2016-despite/
https://www.slideshare.net/paulyoungcga/2019-election-small-business-and-entrepeneur-canada-august-2019
IT sector also said they did not agree with your small business taxation reforms -
https://business.financialpost.com/personal-finance/taxes/new-business-taxes-creating-a-whole-new-group-of-losers or
https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-
taxes/beta/?utm_expid=.kz0UD5JkQOCo6yMqxGqECg.1&utm_referrer=https%3A%2F%2Fwww.google.com%2F

36. DATA AND AI
• AI market to reach $126B+ https://www.tdworld.com/smart-utility/data-analytics/article/21120143/ai-software-
market-to-reach-1260-billion-in-annual-worldwide-revenue-by-2025
• China is the world leader in AI - https://www.inc.com/magazine/201809/amy-webb/china-artificial-intelligence.html
• “Microsoft is part of the IBD Leaderboard. The Leaderboard is IBD's curated list of leading stocks that stand out on
technical and fundamental metrics. Chip maker Nvidia (NVDA), a leader in artificial intelligence, also belongs to the
Leaderboard. Aside from chip makers, some software companies are among artificial intelligence stocks to watch.
Many software-as-a-service companies use AI tools. Enterprise software maker ServiceNow (NOW) has been making
AI acquisitions. Under new Chief Executive Bill McDermott, ServiceNow in January acquired two AI companies,
Passage AI and Loom Systems. ServiceNow owns a Relative Strength Rating of 93 out of a possible 99. DocuSign
(DOCU) on Feb. 27 agreed to buy Seal Software for $188 million. The startup uses artificial intelligence for contract
analytics. Intel on Dec. 16 acquired Israel-based Habana Labs for $2 billion. Intel in 2016 bought Nervana Systems in
an earlier move to take on AI chip leader Nvidia. ”https://www.investors.com/news/technology/artificial-
intelligence-stocks/

37. DATA AND AI TRENDS
Source - https://www.gartner.com/smarterwithgartner/gartner-top-10-trends-in-data-and-analytics-for-2020/
1. Trend 1: Smarter, faster, more responsible AIBy the end of 2024, 75% of enterprises will shift from piloting to
operationalizing AI, driving a 5X increase in streaming data and analytics infrastructures.
2. Trend 2: Decline of the dashboard - Dynamic data stories with more automated and consumerized experiences will
replace visual, point-and-click authoring and exploration. As a result, the amount of time users spend using predefined
dashboards will decline. The shift to in-context data stories means that the most relevant insights will stream to each
user based on their context, role or use. These dynamic insights leverage technologies such as augmented analytics,
NLP, streaming anomaly detection and collaboration
3. Trend 3: Decision intelligence - By 2023, more than 33% of large organizations will have analysts practicing decision
intelligence, including decision modeling. Decision intelligence brings together a number of disciplines, including
decision management and decision support. It encompasses applications in the field of complex adaptive systems that
bring together multiple traditional and advanced disciplines.
4. Trend 4: X analytics Gartner coined the term “X analytics” to be an umbrella term, where X is the data variable for a
range of different structured and unstructured content such as text analytics, video analytics, audio analytics, etc.
5. Trend 5: Augmented data management - Augmented data management uses ML and AI techniques to optimize and
improve operations. It also converts metadata from being used in auditing, lineage and reporting to powering
dynamic systems.

38. DATA AND AI TRENDS
Source - https://www.gartner.com/smarterwithgartner/gartner-top-10-trends-in-data-and-analytics-for-2020/
1. Trend 6: Cloud is a given - By 2022, public cloud services will be essential for 90% of data and analytics innovation. As
data and analytics moves to the cloud, data and analytics leaders still struggle to align the right services to the right
use cases, which leads to unnecessary increased governance and integration overhead.
2. Trend 7: Data and analytics worlds collide - Data and analytics capabilities have traditionally been considered distinct
entities and managed accordingly. Vendors offering end-to-end workflows enabled by augmented analytics blur the
distinction between the two markets.
3. Trend 8: Data marketplaces and exchanges - By 2022, 35% of large organizations will be either sellers or buyers of data
via formal online data marketplaces, up from 25% in 2020.
4. Trend 9: Blockchain in data and analytics - Blockchain technologies address two challenges in data and analytics. First,
blockchain provides the full lineage of assets and transactions. Second, blockchain provides transparency for complex
networks of participants.
5. Trend 10: Relationships form the foundation of data and analytics value - By 2023, graph technologies will facilitate
rapid contextualization for decision making in 30% of organizations worldwide. Graph analytics is a set of analytic
techniques that allows for the exploration of relationships between entities of interest such as organizations, people
and transactions.

39. TRAINING / SKILLS DEVELOPMENT
Source - https://www.slideshare.net/paulyoungcga/human-capital-management-of-existing-and-future-employees
Employment – USA - https://www.slideshare.net/paulyoungcga/employment-united-states-august-2020 or
Employment - Canada - https://www.slideshare.net/paulyoungcga/canada-employment-market-for-august-2020
or https://www.slideshare.net/paulyoungcga/2019-and-beyond-career-management
• Jobs today and tomorrow will require education beyond one year which is currently supported by EI and other job
works programs
• CERB is very dangerous program if it not consolidated with other social welfare programs including training and
education - https://www.slideshare.net/paulyoungcga/policy-employment-insurance-and-cerb-canada-august-
2020
• IT and other areas of skills development should start looking at certification programs as part of supporting HS
graduates entering the workforce.
• Automation is hear to stay. Tax policy and other policy areas will need to support more digital and business
automation - https://www.slideshare.net/paulyoungcga/whats-next-for-automation-238371946
• There needs to be effective clean technology strategy which does not include just subsidies. Clean technology
companies need to be profitable without direct govt subsidies -
https://www.slideshare.net/paulyoungcga/clean-technology-the-green-economy

40. WHAT CAN BE DONE?
• Protection IP
• Helping small to medium businesses adopted more automation – Post Covid 19 - https://www.slideshare.net/paulyoungcga/transforming-the-economy-postcovid19-
canada-and-the-world
• Taxation Policies
• Reforms – Tax Fairness - https://www.slideshare.net/paulyoungcga/designing-social-programs-and-tax-fairness-policies
• Streamlining the tax code and working with countries to implement BEPS - https://www.slideshare.net/paulyoungcga/beps-profit-erosion-mandate-close-consolidate-and-reporting
• Avoiding any wealth taxes - https://www.slideshare.net/paulyoungcga/wealth-tax-does-the-world-need-a-wealth-tax
• Hydro Policies
• Capping the rise in hydro rates
• Trade/Investment
• More Free Trade Deals including FIPA
• Reforming the WTO - https://www.slideshare.net/paulyoungcga/2019-election-global-trade-barriers-and-protection-wto-canada-september-2019
• Skills development
• Working with colleges and university as part building the skills required to support next generation of jobs - https://www.slideshare.net/paulyoungcga/human-capital-skills-trades-and-skills-
development
• Access to capital
• Bridge funding
• More innovation Centers (Partnerships between Colleges/University, all levels of government and private sector

41. OTHER SOURCES:
• Innovation Funds - https://www.slideshare.net/paulyoungcga/federal-government-programs-to-
support-innovation-and-business
• Federal Government and Innovation - https://www.slideshare.net/paulyoungcga/federal-goverment-
canada-innovation-investment
• Clean Technology - https://www.slideshare.net/paulyoungcga/world-needs-to-clean-up-its-act-as-it-
relates-to-the-environment-march-2017 or https://www.slideshare.net/paulyoungcga/government-
policy-clean-and-green-technology-canada or https://www.slideshare.net/paulyoungcga/green-
economy-clean-technology-whats-next
• Global Economy - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-
august-2020

42. ROBOTIC GROWTH
https://www.automationmag.com/locus-robotics-partners-with-dhl-to-deploy-up-to-2000-
robots/?custnum=&CUSTNUM;&title=&*URLENCODE(&TITLE;)&utm_source=&PUB_CODE;&utm_medium=
email&utm_campaign=&*URLENCODE({{*JobID}})&oly_enc_id=6355B0934323J8A
I have said to many that technology should be like a skills trade that can be accomplished through certifications and
experience.
Link - https://www.linkedin.com/pulse/blog-robotic-purchases-expanded-1q21-automation-paul-young/?published=t
Here is a link to my numerous blogs on data, AI, Platform, and security -
https://ibm.box.com/s/8ak2l4bqmzhaow2rog15s9uofj65ldai

43. 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