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the negative side, a stronger Canadian dollar has impacted our tourism
and manufacturing export sectors, as the price of Canadian goods and
services being exported to other countries has risen, making these
goods and services more expensive when compared to their
domestically produced counterparts, and the cost of visiting Canada by
residents of the U.S is now more expensive than before.
With our strong energy and natural resource base, and our more
diversified economy, analysts anticipate that our dollar will remain
near or slightly above parity (US$1 range) going forward. Thus, our
export manufacturers will need to create other ways to create
competitive advantages against their U.S. and global competitors,
versus simply hoping for a currency exchange rate advantage. Parity
means being equal or equivalent to; specifically, the value of one
currency being equal to that of another.
Branch market impact: PPP (Purchasing Power Parity): a measure that
takes into account the relative cost of living and the inflation rates of
each country, and adjusts the total value of economic activity
accordingly.
- overall size of Canada is smaller than other developed and
developing countries however In addition, with such strong demand for
our natural resources, energy, and commodity-based goods and
services, many global organizations have looked to actively purchase
Canadian owned companies. Canada has a risk of losing their
economic base and becoming a Branch Market
Hostile Takeover refers to an attempt by a company to take over
another company whose management and board of directors are
unwilling to agree to the merger or takeover.
Sustainability and Green Initiatives: increased emphasis on green
products, more environmentally friendly packaging, reduced carbon
emissions, and greater sensitivity to the use of finite resources in the
development, production, and distribution of goods and services to the
global community at large
- Walmarts Canadas long-term focus is the pursuit of three
sustainability goals globally: (1) to produce zero waste, (2) to operate
with 100 percent renewable energy, and (3) to make available
environmentally preferable products
Aging workforce, Immigration and multi Culturalism: over 30 percent of this
workforce is expected to retire within the next decade, resulting in a
need to hire and train at least 39 000 workers.As baby boomers slide
into retirement, analysts are becoming increasingly concerned about