In 2012, China’s GDP growth rate was around 7.8 percent and had dipped below 8 percent for the first time since the start of the decade. China’s demand for foreign goods is likely to change as it makes the shift to more consumption driven economy, thereby requiring different goods as compared to investment-led economy. As seen from the above graph, While China’s demand for Non-Resource Based goods remained constant from 2000 to 2012, its demand for Resource-Based goods increased considerably in the last decade. This trend is expected to continue as China makes the economic transition. For instance, Canada’s four main emerging products could be associated to with different sections of the Chinese economy ranging from ores to manufacturing, from wood to residential construction and from vegetable oil and seeds to domestic consumer consumption.
Economic Development The Aging Population of Canada Format: MLA Student Number: 1160826 12/12/08 Nitin Hemraj Did you know that most of the worlds aging population live in the developed countries? Economists have even gone further and predicted that the number of elderly in developed counties is going to rise more in the future. Based on this prediction economists have even said that the aging population in the future will affect Canada’s ability to provide the talent and the necessary skills that are essential to build a productive economy (The Labor Market and Skills Implications). In addition, one other major impact that the ageing population will have is that there will be many problems in
Currently, Nordstrom has 225 retail stores in the U.S. Their largest retail concentration is on the East and West Coasts. In 1993 Nordstrom entered the catalog market. Nordstrom’s chief competitors are Bloomingdales, Lord & Taylor, Von Maur, Neiman Marcus and Saks 5th Avenue. ANTICIPATED FUTURE GROWTH The recent downturn of the economy affected all segments of retail however the luxury segment, of which Nordstrom and its competitors are a part, was much more resilient. The worst year appeared to be 2009 with the luxury segment rebounding in 2010 and 2011.
Many components are needed for a process which seems so simple. Such as the transportation of goods, imports and exports of necessary materials to accomplish tasks, etc. Statistics show, that oil sands “currently effect the jobs of 12 000 Canadians, and this is expected to grow over 500 000 jobs over the next 25 years” (Canada’s Industry 2012). The oil sands provide great room for exponential growth in Canada’s economy, and international relationships with other
If the liquor industry were less regulated, more startups would occur. Applying Porter’s Diamond Model, a larger amount of businesses could stimulate firm rivalry and its related industries due to the framework government has implemented leading to national advantage. According to the LCBO website, the LCBO created a paltry 7 new stores in the province last year. Under privatization, the number of startups would likely increase leading to more opportunities for businesses and investment. This means a larger Ontario GDP and multiplier
Examine the table above. Which of ADM’s accruals are “large” relative to the benchmark? Do all of these large changes in accruals seem reasonable given what you know was happening in ADM’s product markets during 2008? The following are the large accruals: receivables, inventories, accounts payable, and accrued liabilities. The large increase in inventories, accounts receivable, and accounts payable seems the most appropriate, considering the prices of soybeans and corn both have significantly increased over the last few years, and also seem to have gone back and forth quite a bit.
That is a 14.8% decrease in poverty for all persons in Canada over time (Statistics Canada, 2009, Table 202-0802). The decline in poverty could result for many reasons. Education, jobs and the economy of Canada may have improved a lot during the past twenty years. Canada is a developing country and is seeing improvements in social status of people. The class system plays a huge role.
Education for International students completely challenged since it began develop. The number of foreign students that coming to Canada is increasing every year, last year the government adopted more than 100.000 students from different countries. People think that Canadian education is becoming much better, because ESAL courses really developed since it was the first experiment. However, the presence of foreign students has led to the destruction of educational institutions. The first reason for the deterioration of the educational system is that students cannot focus on important subjects.
s Where the jobs will be November 11, 2011 John Goddard Toronto Star Economic uncertainty, the spectre of a jobless recovery and debt crises threatening the eurozone — no economy stands immune from the instability. But there are bright spots amid the gloom. Jobs by the tens of thousands are opening in the Canadian mining industry — one of the top five sectors expected to be hiring in 2015, trend analysts say. Canadian job forecasters also predict employment growth in oil-and-gas, health care, construction, and information and communications technology. The trick is to match education with employment.
Another challenge is the very substantial increase in the number of lone parents which is anticipated over the next couple of decades in some countries (mostly in Canada), and which will step up the strain on the relevant social services (child benefits, education, community childcare services, job market insertion, etc.) 4. A fourth is the rise in the numbers of couples who choose to live together but not marry – will become very steep in countries like Canada that cohabitation is eventually likely to become more common than marriage in the prime childbearing ages of 25-34. Political Changes I believe that by the year 2030, the politics in Canada will have change significantly. The government of Canada will start to not only pinpoint challenges and issues, but also innovate solutions to the various problems which are affected politically.