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Copy of PESTEL Analysis _ Canada
Transcript of Copy of PESTEL Analysis _ Canada
The Canada – United States Free Trade Agreement (FTA) of 1988 eliminated tariffs between the two countries, while the North American Free Trade Agreement (NAFTA) expanded the free-trade zone to include Mexico in 1994 POLITICAL 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 world's top ten trading nations.
Canada is additionally one of the world's largest suppliers of agricultural products; the Canadian Prairies are one of the most important global producers of wheat, canola, and other grains
Canada's inflation rate in 2011 : 2.4 %
Nearly 70% of Canada Gross Domestic product contributed by its service sector. The country's agriculture contributes only 2% ECONOMIC The dairy industry ranks third in the Canadian agricultural sector following grains, and red meats. In 2010, dairy production in Canada generated total net farm receipts of $5.5 billion and sales of $13.7 billion, representing 15% of the Canadian food and beverage sector.
About 81% of Canadian dairy farms are located in Ontario and Quebec, 13% in the Western provinces and 6% in the Atlantic Provinces. The Canadian dairy cattle population totals 1.4 million and the typical Canadian dairy farm has 72 cows. ECONOMIC(cont) There are 455 milk processing plants (including 274 federally-inspected) contributing to more than 22,650 jobs across Canada.
Canada is famous for its 100% Canadian Milk symbol and is proud with its highest standard organic fresh milk (from farm to table). ECONOMIC(cont) The global financial crisis of 2008 caused a major recession, which led to rising unemployment in Canada. As of October 2009, Canada's national unemployment rate stands at 8.6 percent. Provincial unemployment rates vary from a low of 5.8 percent in Manitoba to a high of 17 percent in Newfoundland and Labrador. Between October 2008 and October 2010, the Canadian labour market lost 162,000 full-time jobs and a total of 224,000 permanent jobs. POLITICAL(cont) Item 125.2 - Milk Protein Substances with a Milk Protein Content Of 85% or More By Weight, Calculated on the Dry Matter, that do not Originate in a NAFTA Country, Chile, Costa Rica, or Israel.
To inform importers of the 10,000,000 kg TRQ for MPS for the period of April 1, 2011 to March 31, 2012 POLITICAL(cont) (i) 6,500,000 kg is reserved for eligible historical end users
(ii) 1,000,000 kg is reserved for eligible new entrant end users
(iii) 2,000,000 kg is reserved for eligible historical non-end users
(iv) 500,000 kg is reserved for eligible new entrant non-end users POLITICAL(cont) The 2006 Canadian census counted a total population of 31,612,897, an increase of 5.4% over the 2001 figure. Between 1990 and 2008, the population of Canada increased by 5.6 million, equivalent to 20.4% growth.
The main drivers of population growth in Canada are immigration and, to a lesser extent, natural growth.
In common with many other developed countries, Canada is experiencing a demographic shift towards an older population, with more retirees and fewer people of working age. In 2006, the average age of the population was 39.5 years. SOCIAL-CULTURAL Canada's two official languages are Canadian English and Canadian French . English and French are the first languages of 59.7% and 23.2% of the population respectively. Approximately 98% of Canadians speak English or French: 57.8% speak English only, 22.1% speak French only, and 17.4% speak both.
Canadian society is often depicted as being "very progressive, diverse, and multicultural".
Canada's official national sports are ice hockey and lacrosse. SOCIAL-CULTURAL(Cont.) Canadian is percieved to be easy-going, fun, warm hearted, polite and kind .
Historically, Canada has been influenced by British, French, and aboriginal cultures and traditions. Through their language, art and music, aboriginal peoples continue to influence the Canadian identity. Many Canadians value multiculturalism and see Canada as being inherently multicultural. SOCIAL-CULTURAL(Cont.) Canada is an industrialized nation, with one of the world's most highly-developed science and technology sectors. In 2011, nearly 1.88% of Canada's GDP was allocated to research and development (R&D).
Canada ranks twelfth in the world for Internet users as a proportion of the population, with 28 million users (equivalent to 84.3% of its total population). TECHNOLOGY Canada's climate is not as cold all year around as some may believe. In winter, temperatures fall below freezing point throughout most of Canada. But the south-western coast has a relatively mild climate. Along the Arctic Circle, mean temperatures are below freezing for seven months a year.
During the summer months the southern provinces often experience high levels of humidity and temperatures that can surpass 30 degrees Celsius regularly.
Western and south-eastern Canada experience high rainfall, but the Prairies are dry with 250 mm to 500 mm of rain every year. ENVIRONMENTAL Canada has a transportation system which includes more than 1,400,000 kilometres (870,000 mi) of roads, 10 major international airports, 300 smaller airports, 72,093 km (44,797 mi) of functioning railway track, and more than 300 commercial ports and harbours that provide access to the Pacific, Atlantic and Arctic oceans as well as the Great Lakes and the Saint Lawrence Seaway. ENVIRONMENTAL(Cont) Health Canada can require manufacturers or importers to provide or obtain safety information - including studies or tests - that indicate whether a consumer product meets the requirements of the CCPSA(Canada Consumer Product Safety Act).
Under the Act, there are prohibitions related to the manufacture, importation, sale or advertisement of consumer products that could pose an unreasonable danger to the health or safety of Canadians.
Under the CCPSA there are prohibitions related to the packaging, labelling or advertisement of a consumer product in a manner that is false, misleading or deceptive in respect of its safety. LEGAL The CCPSA requires those who manufacture, import, advertise, sell or test consumer products for commercial purposes to prepare and maintain certain documents. Normally, these records would already be part of regular business practice. For example, the CCPSA requires that a retailer document the name and address of the product's supplier, and the location and the period during which they sold the product (but not the name of the individual to whom the product was sold). These requirements are more detailed at higher levels of trade. LEGAL(Cont) SOCIO-CULTURAL(Cont.) Age structure:
0-14 years: 15.7% (male 2,736,737/female 2,602,342)
15-64 years: 68.5% (male 11,776,611/female 11,517,972)
65 years and over: 15.9% (male 2,372,356/female 3,024,571) (2011 est.)