Canada PESTLE Insights – A Macroeconomic Outlook Report
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All the vital news, analysis, and commentary curated by our industry experts.
According to GlobalData estimates, mining, manufacturing and utilities contributed 17.7% towards GVA, followed by wholesale, retail and hotels activities (12.6%), and construction (7.7%) in 2022. The three sectors are forecast to grow by 3.5%, 5.2%, and 4.1%, respectively, in 2023.
While Calgary is one of Canada’s energy hubs, Toronto and Montreal remain financial centers
Scope
The Canadian government allocated over CAD180 billion ($138.5 billion) for infrastructure funding to be spent over 2017–28 on public transit, green, social, trade and transportation, and rural and northern communities' infrastructure.
Key Highlights
The S&P/TSX 60 Index exhibited a volatile trend over the past year. As of June 26, 2023, the Index stood at 1,170.1, compared to 1,158.3 on June 26, 2022.
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.
Suncor
Altagas
CIBC
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Frequently asked questions
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