Paul Young CPA, CGAMarch 22, 2017

Metal Fabrication – Canada – February 2017

September 9, 2014

• Paul Young, CPA, CGA• SME – Financial Performance Management Solutions (TM1, Cognos Controller

and Cognos Disclosure Management, OpenPages, Algorithmics, Cognos Integrated Server, Cognos Command Center and Datawatch)

• SME – Business Processes and Financial Management Reporting• Close, Consolidate and Reporting• Internal Audit and Controls

• Industry Experience• 15+ years in Corporate Reporting, Budget & Forecasting, Costing, Business

Process Management, Internal Audit and Controls, Risk Management, Financial Analysis, Costing

• 11+ years in financial solutions (FOPM, FPM, Risk, Office of the Finance, Risk Management)

• 8+ years teaching Advance Finance, Advance Accounting, Public Finance and Advance Management Information Systems

• Blogger in areas like finance analysis and reporting, Government policies and economic/market trends.

• Commodity Price

• AG Equipment

• Oil Rigs/Oil Price

• Power Generation

• Metal Processing Centers

• Automotive Production

• Steel Production

Agenda

Commodity Price (year over year change in price)

Source – BMO Economics

Source – BMO Economics

Average Price / Commodity

AG Equipment / February 2017

Source – Association of Equipment Manufacturers

Source – BMO and Baker Hughes

Oil Rigs / Oil Price

• Source - http://www.iea.org/media/statistics/surveys/electricity/mes.pdf

Power Generation / Canada

• Source – American Machinist – March 20, 2017

Metal Processing Sales

• Scotiabank

Automotive Production

Source – World Steel

Steel Production

• Canada• New Carbon Taxation (Ontario and Alberta)• Slow process to approve projects• Low commodity prices

• USA Trade Policies• More focus on creating jobs within USA

• Import Tax

• Automation• More and more investment in automation

• Robotics• 3-D Printing

• Automotive production• After banner years is expected to claw back in 2017

• New pipeline and oil rigs• USA has approved Keystone Pipeline• USA plans open up more land leases to oil exploration

• Infrastructure spending• Federal Government in Canada and USA plan to spend more money on infrastructure

• Local steel requirement

Summary