PESTLE Analysis of Canada:
Political
Parliamentary democracy and a federal system of parliamentary government with strong democratic traditions
There Government consists of three parts;
The political landscape in Canada is a very stable one. Like many commonwealth countries Canada has a multi party system in which many of the country’s legislative practices derive from the unwritten conventions of and precedents set by the United Kingdom. They have a parliamentary democracy and a federal system of parliamentary government with strong democratic traditions. There government consists of three parts namely; Federal, Provincial and Municipal.
Economic
Statistics:
GDP:
GDP Growth
Canada is one of the wealthiest nations in the world with a 2013 nominal GDP of approximately US$ 1.825 trillion as of 2014. Their GDP growth is growing steadily at 3.10% annually. Inflation is at a low of 2% and their marginal propensity to consumer is at 0.60. This means that Canadian spend and save 40% of their total income. It is as well one of the few nations left in the world to be a net export of energy.
The table below, shows some econ
(World Bank Indicators – Canada 2013-14)
World Bank Indicators Canada 2013-2014. Available from: http://www.tradingeconomics.com/canada/inflation-gdp-deflator-annual-percent-wb-data.html> .[ 20 October 2014]
GDP Per capita PPP:
Rank: 10th (Nominal)
Currency: Canadian Dollar
Trade Organizations: NAFTA, OECD, WTO and others
Canada is one of the wealthiest nations in the world with a 2011 nominal GDP of approximately US$1.75 trillion
It is a member of OECD and G8
It is one of the worlds top ten trading nations
Inflation rate = 2% in Sept 2014
One of the few nations in the world to be a net exporter of energy,
Social
In 2013 the population of Canada reached a total of 35.16 million. The main drivers of population growth in Canada are immigration. In common with many other developed countries, Canada is experiencing a...