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PESTEL analysis : Canada

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Prologue Canada is one of the mightiest countries in the world due to its many unique characters. In the context of economy Canada is a leading competitor for many other giants in the world. As country there are many things to boast about Canada. Natural resources, healthcare, arts, music, and many more made Canada very much popular among other nations. This report discusses and analyse the political, economic and legal characteristics of Canada and its effect on doing business there in briefly. Table of Content List of Figures List of Tables 1. Introduction Canada is a North American Country having 10 provinces & 3 territories in its content. It is located to the …show more content…

Anyhow, after “World War II” Canada was ruled by either the Conservatives or the Liberals. According to the World Bank 's Worldwide Governance Indicators Canada ranked in the 93.8 percentile on voice and accountability in the year 2010 which represent the stability of the democratic system. The strong democratic setup of Canada counts to their strengths in terms of political aspects. Figure : Canadian political structure (Central government) Figure : Key political figures in Canada Trade and foreign relations continues to grow due to Canada’s proactive attitude towards those areas and this has helped in the development of significant trade investment links. The economy of the country is heavily depends on trade, especially United States. Also the export and import value makes an important share of its GDP. The government is undertaking free trade agreement (FTA) negotiations with Turkey, Morocco, Ukraine, the European Union (EU), South Korea, India, the Dominican Republic, Honduras, Singapore, El Salvador, Nicaragua, Guatemala, Andean and Caribbean countries. Canada is developing agreements within the region to continue bilateral and regional free trade, avoid double taxation, strengthen financial and banking institutions, protect foreign investment, and assist development. Canada has signed bilateral agreements with Mexico, Greece, Ukraine and Croatia to Since May 2010 to enable youngsters to travel and

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