Country Analysis Report Canada, in-Depth Pestle Insights

Country Analysis Report: Canada, In-depth PESTLE Insights OVERVIEW REFERENCE CODE: ML00002-006 PUBLICATION DATE: Aug 2012 WWW.MARKETLINEINFO.COM  © MARKETLINE. THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Country Analysis Report: Canada, In-depth PESTLE Insights ML00002-006  © MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OVERVIEW OVERVIEW Catalyst This profile analyzes the political, economic, social, technological, legal, and environmental (PESTLE) structure in Canada. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects, and future risks. Summary Key findings Canada has a strong democratic setup, but continuing student†¦show more content†¦According to the United Nations Development Programme’s Human Development Report 2011, the country was ranked sixth out of 187 countries, with a Human Development Index value of 0.908. On the income Gini coefficient, which ranges from zero (perfect equality) to 100 (perfect inequality), Canada scored 32.1 in 2005. However, the favorable government policy toward immigrants may become a socially contentious issue. In November 2010, the government announced that it would welcome between 240,000 and 265,000 new permanent residents under its 2011 immigration plan. High unemployment and a liberal immigration policy will continue to create tensions in the country. Canada is a cost-effective investment destination, but low research and development expenditure remains a challenge Canada has retained its position as one of the most cost-effective places to do business among the advanced economies. Its geographical proximity and trade and investment relations with the US make it an attractive destination for investment. Traditionally, its machinery and equipments industry has served the manufacturing sector. 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