PESTLE Analysis of Canada 2016

   March 21, 2017
Canada’s economy is dominated by the service sector which contributed approximately 70.2% to the total GDP in 2015. The country has gone through the global recession in 2009, but strong fundamentals have led the country to survive the crisis. The major contributors to this sector are financial institutions and real estate which contributed almost 20% to the total GDP. The energy sector has major opportunities for the Canadian economy due to huge oil reserves which contribute around 10.2% of world oil reserves. 

Lucintel, a leading global Management Consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Canada, and has come up with a comprehensive research report “PESTLE Analysis of Canada 2016”. This report provides an analysis of the Canada’s economy from historical, current, and future perspectives. Swot Analysis, scenario analysis, and risk analysis of Canada is also included in the report. The report also includes forecast and scenario analysis of the economic growth through 2021.

The report highlights various drivers and challenges which have influence on investment decisions in the economy. Canada is a politically stable country with parliamentary political system, democracy under rule of constitutional monarchy. Canada has the third largest oil and 21st largest natural gas reserves in the world. The economy successfully run on well diversified base by increasing investments in the service sector. The country’s young population acts as the key strength with approximately 54.6% of total population. The country has high foreign exchange reserves. The country has immense opportunity in high tech manufacturing sector. The country, however, is facing the economic challenge of trade deficit and increasing CAD (Current Account Deficit).

 This 71-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit . You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and Due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti