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 protests remain a challenge
In Canada, democratic principles are predominant, and all governments, whether coalition, Conservative, or Liberal, have always followed stable democratic policies. The country has also proactively taken up free trade negotiations with many countries in the Americas, Europe, and elsewhere with the aim of growing its economy. Additionally, the country is pursuing many agreements that will enable bilateral and regional free trade, avoid double taxation, protect foreign investment, strengthen financial and banking institutions, and assist development. However, Quebec has been witnessing protests by students since February 2012. Jean Charest, Quebec’s prime minister, announced in February 2012 that tuition fees in universities would be increased by C$1,625 ($1,595) during the next five years. This translates to an increase of 60%. In May 2012, the governments of the province and the city passed laws to crack down on protests. Classes have been suspended until August 2012 and student groups that transgress are to be fined up to C$125,000 ($122,703). Furthermore, laws bar students from wearing masks, forbid protests within 50 meters of universities, and compel organizers of demonstrations involving more than 50
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 protests remain a challenge
In Canada, democratic principles are predominant, and all governments, whether coalition, Conservative, or Liberal, have always followed stable democratic policies. The country has also proactively taken up free trade negotiations with many countries in the Americas, Europe, and elsewhere with the aim of growing its economy. Additionally, the country is pursuing many agreements that will enable bilateral and regional free trade, avoid double taxation, protect foreign investment, strengthen financial and banking institutions, and assist development. However, Quebec has been witnessing protests by students since February 2012. Jean Charest, Quebec’s prime minister, announced in February 2012 that tuition fees in universities would be increased by C$1,625 ($1,595) during the next five years. This translates to an increase of 60%. In May 2012, the governments of the province and the city passed laws to crack down on protests. Classes have been suspended until August 2012 and student groups that transgress are to be fined up to C$125,000 ($122,703). Furthermore, laws bar students from wearing masks, forbid protests within 50 meters of universities, and compel organizers of demonstrations involving more than 50