Canada PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

August 2022
50 pages
ID: 5935289
Format: PDF
GlobalData

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Canada PESTLE Insights - A Macroeconomic Outlook Report

Summary
Financial intermediation, real estate and business activities contributed 21% to the country’s gross value added (GVA) in 2021, followed by mining, manufacturing and utilities (17.3%) and wholesale, retail and hotels activities (12.6%). In nominal terms, the three sectors are expected to grow by 8.9%, 5.6%, and 8%, respectively, in 2022.

While Calgary is one of Canada’s energy hubs, Toronto and Montreal remain financial centers

Overall, the TSX 60 index exhibited an upward trend over last year. As of August 17, 2022, the index stood at 1,225.74, compared to 1,225.72 on August 17, 2021.

Scope
- The Canadian government allocated CAD186.7 billion ($148.9 billion) for infrastructure funding to be spent over 2017-28 on public transit, green, social, trade and transportation, and rural and northern communities’ infrastructure.

Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

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