Canada PESTLE Insights - A Macroeconomic Outlook Report

Canada PESTLE Insights - A Macroeconomic Outlook Report

Summary

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

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.

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.

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.