According to the analyst estimates, mining, manufacturing, and utilities contributed 17.6% towards GVA, followed by wholesale, retail, and hotel activities (12.7%) and construction (7.7%) in 2023. The three sectors are forecast to grow by 2.8%, 2.7%, and 3.2%, respectively, in 2024.
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, transportation, and rural and northern communities’ infrastructure.
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, transportation, and rural and northern communities’ infrastructure.
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 August 1, 2024, the Index stood at 1,304.8, compared to 1,231.6 on August 1, 2023.Scope
- Macroeconomic Country Outlook Reports evaluate a country's investment potential through its political, economic, social, technological, legal, and environmental (PESTLE) framework.
- This comprehensive analysis offers a holistic view of the economy, serving as a strategic tool to understand market dynamics, business potential, and operational direction. Each PESTLE factor is examined based on four parameters: current strengths, current challenges, future prospects, and future risks.
- These insights support strategic planning by highlighting opportunities and risks within the economy, helping businesses and investors make informed decisions.
- The report aims to provide a detailed understanding of the country's macroeconomic environment to facilitate effective decision-making and strategy development.
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.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Canada’s performance in country risk analysis in comparison to North America and World averages
- Exhibit 2: Performance overview (score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Canada’s Stock Exchange Index - SPTSX60 Index (August 2023 - August 2024)
- Exhibit 5: Canada exchange rate (August 2023 - August 2024)
- Exhibit 6: Key sectors’ contribution to the economy
- Exhibit 7: FDI flows by type and FDI flows by sector (Q1 2023-Q1 2024)
- Exhibit 8: FDI by country (2022-23) and FDI share by region (2023)
- Exhibit 9: Key infrastructure indicators
- Exhibit 10: Real GDP and household consumption growth rate (2019-26f)
- Exhibit 11: Real GDP growth rate comparison (2023)
- Exhibit 12: Exports and imports growth (2019-26f)
- Exhibit 13: Current account balance (2019-26f)
- Exhibit 14: Top three commodity exports, % of total exports (2019-23)
- Exhibit 15: Mineral fuels, mineral oils and products of their distillation exports, % share of the world’s total (2023)
- Exhibit 16: Interest rates (July 2019 - July 2024)
- Exhibit 17: Exchange rate and inflation (2019-26f)
- Exhibit 18: General government net lending/borrowing (2019-26f)
- Exhibit 19: General government debt (2019-26f)
- Exhibit 20: Employed population and unemployment rate (2019-26f)
- Exhibit 21: Average annual wages (2019-26f)
- Exhibit 22: Labor index cost (2019-26f)
- Exhibit 23: Rural-urban share of total population (2005, 2015, 2025f, 2030f)
- Exhibit 24: Age-group share of total population (2005, 2015, 2025f, 2030f)
- Exhibit 25: Gender split (2005, 2015, 2025f, 2030f)
- Exhibit 26: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rates (2023)
- Exhibit 27: Number of patents granted per million population (2023)
- Exhibit 28: High-technology exports, % of manufactured exports (2022)
- Exhibit 29: Rule of Law (rankings), 2023
- Exhibit 30: Corruption Perceptions Index (rankings) (2023)
- Exhibit 31: Renewable energy capacity (2019-23)
- Exhibit 32: CO2 emissions from energy (2019-23)
