Comprehensive Report: India and Canada Business Environment Analysis

This report provides a comparative analysis of the business environments of India and Canada. It begins with an introduction that highlights the relationship between the two nations, built on shared democratic principles and people-to-people connections. The discussion section compares historical, geographical, and population factors, noting that Canada is geographically larger but India has a significantly larger population. A PEST analysis (Political, Economic, Social, and Technological) is conducted for both countries, examining factors such as government policies, taxation systems, economic reforms, social trends, and technological advancements. The report also explores global differences, referencing trade data from the World Trade Organization and highlighting Canada's integration in information technology and communication. The report concludes by summarizing key differences and similarities in their business environments, offering a comprehensive overview of the factors influencing business operations in both nations.

Running Head: BUSINESS ENVIRONMENT ETHICS AND STRATEGY
Business Environment Ethics and Strategy
Name of the Student:
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Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................2
Comparison of History, Geographical and Population factors related to India and Canada...........2
PEST Analysis Between India and Canada.....................................................................................3
Global Difference Between India and Canada................................................................................6
References........................................................................................................................................8

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Introduction
According to several relationship prospective developed between the nation India and
Canada, it is considered to be an understandable part that, the relation between the Indo-
Canadian nation are built on the basis of shared commitment to the system of democracy on a
complete basis and the form of link which is based on people to people, which is stated and
demonstrated as per the Canadian government. The respective essay under this respective part
gives emphasis on the comparison between the geographical, historical and population factors
that are associated with the two nations. Apart from this major part of essay is to bring a strong
and adaptive form of comparison among the Political, Economic, Social and Technological
factors which are related to Republic of India and Canada. The last part of the respective essay
covers the global or competitive differences which are associated with the two mentioned
respective nations.
Discussion
Comparison of History, Geographical and Population factors related to India
and Canada
It is considered to be an understandable part that, there is longstanding and bilateral mode
of relationship between the two nations India and Canada under all aspects which under all
aspects is built and developed through the system of strong shared commitment and link
between people to people as per the Canadian Government on a complete basis. It is considered
to be an understandable part that in the year 2009 the bilateral trade which was occurred between
the two nations Canada and India was about $4.14billion (Maithra, 2017). On the other hand, it is
considered to be a notable part that strong and severe form of bombing which was made on the

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Air India flight form the side of Canadian residents which killed vast number of citizens in
Canada had severe effects on the relationship about 20 years.
The other major part is associated with India’s smiling Buddha test related to nuclear
again created and added strains to relationship between two nations which raised many severe
allegations against the Indian government for the part of breaking the terms which were related
to Colombo Plan. As per several studies it was stated that, during the year 2012 the two
respective nations were planning to become strong strategic partners after the visit of Canadian
Prime Minister Stephen Harper in India. Both the nations India and Canada are considered to be
the former British colonies and full members of the Commonwealth of nations under which
Canada being the home to one of the largest Indian diasporas in the world.
As compared to the geographical aspects associated with the two nations India and
Canada, it is considered to be an understandable part the nation Canada is about three times
bigger than India. On an approx. basis Canada is 9,984,670 sq. km whereas India is 3,287,263 sq.
km approx. On the other hand, as compared to the overall population in Canadian nation there is
total population is about 35.6 million, compared to this in addition the total of 1.2 billion more
people lives in India.
PEST Analysis Between India and Canada
Political Factors
India: Compared to the pollical factors associated with the two nations India and Canada, it is
considered to be a stated part that India being one among the strong democracies in the world, it
basically on a complete basis follows and maintains a federal form of government. The political
environment pertaining within the internal environment of the nation India is influenced strongly

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by certain factors such as political interest, government policies and many other major ideologies
that are associated with the political parties of the respective nation. The taxation system related
to India is in a well-developed manner where several tax forms like service tax, sales tax and
income tax are imposed and formulated by the union government.
Canada: Canadian nation on a complete basis is a democratic country which generally maintains
a parliament government which basically contains the house of commons. As compared to the
government parties associated with the nation Canada, it is conservatives, Liberals, New
Democratic Party along with Green party. Here, in Canada it is considered to be an
understandable part that the leading parties switch among conservatives and liberals which is
followed by New Democratic Party (Dobuzinskis & Howlett, 2018). Taxation system associated
with the Canadian nation is completely based and is related to the principle of self-assessment. In
Canada the taxation system which is based on the self-assessment basis is considered to be the
most efficient and economical way to collect the income tax.
Economic Factors
India: It is a stated part that, after the introduction of reform policies the Indian economy has
demonstrated a stable approach. According to this respective policy several factors that are
related to reduction in the system of industrial licensing, FIBP formation and foreign capital
liberalization has resulted constant improvement in the part of Indian economy (Rao & Tapp,
2015). In the year 2013, the Indian government registered the overall GDP rate of $5.7 trillion
which on a regular basis improved their rate of GDP to 5% by the year 2014 compared to their
total GDP rate of 35% during 2013.

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Canada: In the world at an overall level Canada comes among one of the famous wealthiest
nation. They are also placed among the top ten nation with strong mode of trading system.
Majority of the nation’s trading is residing and is performed with United States. The partnership
developed between the two nations formed a strong form of relation after signing US-Canada
Free Trade Agreement (FTA) during 80’s and North American Free Trade Agreement (NFTA)
during 90’s. Under this respective part the Canada is completely involved in the export function
whereas US are the net importers. Compared to the Indian nation, due to the part of maintaining
more dependence on other nations like US the economy of Canada never demonstrates a stable
approach. Compared to Canada a small and massive change of interest rate from the side of US
can create a drastic impact on the operational aspect of Canada on a complete basis.
Social Factors
India: Social factors under all aspect refers to any mode of changes in the part of trends
associated with the nation which creates a straight impact on the business environment of the
country. For instance, as compared to India a massive rise under the area of ageing population
has resulted in considerable rise for cost of pension and rapid increase under the area of
employment which is related to older workers. Due to certain population measures associated
with the nation India, they have strongly developed and maintained a structure with different
percentage levels for certain age limits. This particular structure formed in the nation basically
contain changing flexibility under the area of education, income, work attitudes and many others.
Canada: As compared to the systems maintained and developed by the Canadian nation, they
basically give more focus on schooling system of the country. Schooling whether it is both
secondary or primary, it is considered to be an important part for the Canadians. Between the
year 2005 to 2015 income factor associated with the families in Canada increased to the total

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range of $63,457 to $70,336. This is considered to be more than that of 10 percent improvement.
Many factors that are related to this respective part can basically contribute to confident change
and education can be considered to be big part in Canada. According to Canada one third of their
total population comes under working categories where in this 40-50% comes under middle
class. It is understandable that under this only 3 to 5% of the Canadians are in the upper-class
level. Compared to India they do not maintain any formal mode of structure based on age limits
and income groups.
Technological Factors
India: As compared to the technological prospective associated with strong support from the
part of government, innovative mode of development and investment form the nation is regularly
made on several major sectors such as healthcare, agriculture, nuclear power and space research
through various forms of scientific research (Barik & Kumar, 2018). India under their current
technological aspects is gradually become more self-reliant under the area of nuclear technology.
Canada: Technological sectors associated with the Canadian nation is considered to be a major
part of economic driver and is expected to enhance strong and innovative form of growth in
upcoming future (Ghosh, 2018). Compared to Canada they generally give more emphasis under
the system of maintain strong and innovative form of digital technology in the market where they
believe that this can be a better part for driving GDP, industrial innovation and offering a better
system of employment within the nation.
Global Difference Between India and Canada
As per the data demonstrated by World Trade Organization (WTO), India under the
current time accounts 2.5% world trade as per the year 2015 which is considered to be 1.2% rise

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in the value as per the year 2006 (Porter, 2015). According to the nation Canada, they are
considered to be one among the nation which is integrated globally under the area of maintain
better form of information technology and communication under all aspects. They generally
maintain a government which is basically active under the part of international organization and
an economy which is dependent in the area of trade on a regular basis along with a population
which travels abroad on a frequent basis. As compared to the trade system maintained and
developed by the Canadian nation in the area of imports and exports, as per the current data in
the year 2018, this totaled an estimate of $99.9 billion. On the other hand, in this $64.1 billion
comes under the service exports and $35.9 billion under service exports.

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References
Barik, B., & Kumar, S. (2018). Macro Environment of Indian Life Insurance Business: A
PESTLE Analysis. Bimaquest, 18(3).
Dobuzinskis, L., & Howlett, M. (Eds.). (2018). Policy analysis in Canada. Policy Press.
Ghosh, R. (2018). Multiculturalism in a comparative perspective: Australia, Canada and
India. Canadian Ethnic Studies, 50(1), 15-36.
Indris, S., & Primiana, I. (2015). Internal and external environment analysis on the performance
of small and medium industries (Smes) in Indonesia. International journal of scientific &
technology research, 4(4), 188-196.
Maithra, D. (2017). Foreign direct investment and economic growth in India. IJAR, 3(5), 308-
311.
Malcolmson, P., Myers, R., Baier, G., & Bateman, T. (2016). The Canadian regime: An
introduction to parliamentary government in Canada. University of Toronto Press.
Porter, J. (2015). Vertical mosaic: An analysis of social class and power in Canada. University
of Toronto Press.
Rao, S., & Tapp, S. (2015). The Potential to Grow Canada-India Economic Linkages:
Overlooked Or Oversold?. IRPP Study, (53), 1.

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