TABLE OF CONTENTS
Introduction and Overview…………………………………………………………….Page 1
The Country…………………………………………………………………………….Page 2
Government and Politics………………………………………………………………..Page 3
Economic Structure……………………………………………………………………..Page 4-8
National Culture………………………………………………………………………...Page 9-11
Management…………………………………………………………………………….Page 12-14
Comparison U.S. and Canada………………………………………….……………….Page 15
Interview……………………………………………………………………………….Page 16
Conclusion………………………………………………………………………………Page 17
References………………………………………………………………………………Page 18-22
1
INTRODUCTION AND OVERVIEW
Introduction
The purpose of this paper is for us, as a team, to learn more about the ...view middle of the document...
Demographics
Approximately 33 million people currently live in Canada (DataMonitor, 2010). Majority of the people residing in Canada live in the Ontario and Quebec areas (Wikipedia, 2010). In Canada, the Life Expectancy for men is about 79 years old and 84 years old for women and the major religion is Roman Catholic which is followed by 43% of Canadians (DataMonitor, 2010). The major ethnic groups include the British Isles that makes up 28% of the population, French which makes up 23%, European that includes 15% of people, and other descents that make up 34% of the population (DataMonitor, 2010). Canada's two official languages are English and French, approximately 67.5% speak English while 13.3% speak French (Wikipedia, 2010).
3
GOVERNMENT AND POLITICS
Political Parties
There are several different Political Parties in Canada that include Conservatives, Liberals, Democrats, and Communists (WhiteBark Innovations, 2010). The Conservative party is also known as “Tory” and the Liberal Party is known as “Grits” (DataMonitor, 2010). The Conservative Party believes in lower taxes and spends a lot of time dealing with the military, while the Liberal Party is Canada’s oldest party (DataMonitor, 2010).
Current Government
The current government is lead by Prime Minister Stephen Harper, who is affiliated with the Conservative party (DataMonitor, 2010). Canada’s government is currently run according to Parliamentary Democracy guidelines (Dowling, 2001). This country’s effectiveness has been ranked high in terms of Government, however many government policies are not supported in other countries (DataMonitor, 2010).
Political Risk
The Conservative party has been in power since 2006, and the latest survey shows the Conservatives only lead the Liberals by a few individuals, which means they would more than likely lose seats in a vote now (Thomson Reuters, 2010). “The highest risk in Canada is the slow economy in the United States, which purchases 75% of Canada’s exports” (Thomson Reuters, 2010).
Corruption Index/ Transparency Index
In 2009, Canada had a ranking of 8 regarding corruption out of approximately 180 countries (CPI, 2009). It is often easier to do business in countries where corruption is low and bribery is uncommon.
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ECONOMIC STRUCTURE
Industry and Economic Development
The there is a strong link between appreciations of the Canadian dollar with the state of the United States economy. The recent downturn has slowed the growth of the Canadian export sector. As a result, Canada’s GDP is only currently growing at a rate of 0.5% (Trading Economics, 2010).
Public and Private Enterprises
Some of the private enterprises are power, telecom, banking, and airline industries (DataMonitor, 2010). Provinces have jurisdiction over credit unions, securities dealers, and mutual funds while Canadian government has sole authority over the banks and also share responsibilities of insurance, trust, and loan companies (DataMonitor,...