Employment Canada April 2016

Capital Investment North America AnalysisBy: Paul Young, CPA, CGA

DisclaimerThis presentation discusses capital investment for North America

Paul Young - Presenter

BioCPA/CGA25 years of experience in Academia, Industry and Financial solutionsYoutube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

AgendaEconomic ForecastMachine Tool OrdersRobotic OrdersClass 8 Truck SalesEquipment ManufacturingCanada Cap spending 2016 vs- 2015United States Capital Spending Analysis

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Economic Forecast

1. Scotiabank - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf5

Machine Tool Orders/Sales

Comments:While dealing with persistent economic challenges and a softer market thats likely to lastinto the fourth quarter, manufacturers are leveraging productivity gains to stay competitive, said AMTPresident Douglas K. Woods. The outlook from industry economists improves toward years end on twoparticular strengths of the U.S. economy: foreign direct investment and a resurgent consumer base. Fornow, manufacturing technology makers are focused on finding markets that offer the best opportunity, likeautomotive, aerospace and medical. Sentiment among manufacturing executives remains optimistic aboutfuture capital equipment investment.

http://www.amtonline.org/ReadTheNews/PressReleases/may92016usmtonewsreleaseformarchmanufacturingtechnologyorders.htm6

Robotic Sales

1. http://www.robotics.org/content-detail.cfm/Industrial-Robotics-News/North-American-Robotics-Market-Sets-New-Records-in-2015/content_id/5951 7

Class 8 Truck Sales

Comments:North American freight shipments continued to rise in April, although at a much lower rate than earlier in the year.This slowdown mirrors the slowdown in the economy, according to the Freight Index published by Cass Information Systems.

http://www.thetrucker.com/News/Stories/2016/5/11/WardsAutoreportsAprilClass8salesdrop189percentfrom2015.aspxhttp://www.thetrucker.com/News/Stories/2016/5/13/CasssaysUSeconomicslowdownreflectedinfreightvolumes.aspx

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Equipment/Manufacturing

https://www.aem.org/

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Canada Capital Spending

Bmo economicsStats Canada

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United States Capital Expenditures 1Q16

https://www.scheller.gatech.edu/centers-initiatives/financial-analysis-lab/files/2016/gatech_finlab_industry_2015q4.pdfhttps://www.scheller.gatech.edu/centers-initiatives/financial-analysis-lab/files/2016/gatech_finlab_capex_2-8-16.pdfScotiabank11

Other Sources:Trade - https://www.youtube.com/watch?v=WN1ec-WCH3EManufacturing Sales - https://www.youtube.com/watch?v=_yhpKsCvUN8