ME 201 Strategic Management of an Engineering Enterprise PSU, Urdaneta City

1. G8 Countries
Canada Italy
France Japan
Germany Russia
United Kingdom
United Kingdom United States of America
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2. Canada has one of the highest levels of economic
freedom in the world. Today Canada closely resembles
the U.S. in its market-oriented economic system, and
pattern of production. As of September 2011, Canada's
national unemployment rate stood at 7.1%, as the
economy continues its recovery from the effects of
the 2007-2010 global financial crisis. In May 2010,
provincial unemployment rates varied from a low of
5.0% in Saskatchewan to a high of 13.8% in
Newfound land and Labrador. According to the Forbes
Global 2000 list of the world's largest companies in 2008,
Canada had 69 companies in the list, ranking 5th next to
France. As of 2008, Canada’s total government debt
burden is the lowest in the G8.
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3. . Prior to World War II, agriculture was the primary driver
of the Canadian economy with over 60 percent of the population
living in rural towns or farms. Canada had struggled to recover
from the Great Depression, with Gross National Product falling by
43 percent and exports dropping by 50 percent between 1929 and
1933. By 1933, unemployment had risen to more than 25%.
World War II marked a major transformation in the
Canadian economy. Manufacturing, mining and services grew
rapidly to meet the demands of the war and agriculture production
became more mechanized and efficient.
As a result, there was an upturn in industrial production and
manufacturing in Canada. New jobs were also being created while
industries benefitted from a highly trained and diversified labour
force that had arisen during the war.
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4. -Canada contains a rich abundance of mineral,
forest and water-based resources such as iron ore,
nickel, zinc, copper, gold, lead, rare earth elements,
molybdenum, potash, diamonds, silver, fish, timber,
wildlife, coal, petroleum, natural gas and hydropower.
-Canada is a net exporter of energy, exporting
2.151 million barrels of oil per day and 94.67 billion
cubic metres of natural gas in 2010.
-10th largest exporter of oil
-3rd largest exporter of natural gas
-Canada is the second largest country in the world
in terms of land area. In 2010, its population was 34.059
million with a labour force of 18.59 million.
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5. Despite having the 9th largest labour force
participation rate in the world, Canada faces an aging
labour force.
In 2010,
Canada also has an extremely low population
growth rate of 0.794 percent.
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6. The Canadian labour force is split among
numerous industries.
According to the latest available data from 2006
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7. As for its economy, agriculture was responsible
for 2% of Canada’s GDP in 2010, with industry
accounting for 20% and services at 78%.
Despite contributing to only 2% of Canada’ GDP,
Canadian agricultural products are among the most
widely sought of in the world and still one of the world's
largest suppliers of agricultural products
After the 2008 financial crisis,Canada’s record a
negative industrial production growth rate in 2009 –
after a long period of positive growth. The industrial
production growth rate increase in the country’s
manufacturing, mining and construction,recovered in
2010 – growing by 5.8 %. 1 7

8. List of Key Canadian Industries by 2010 includes:
1. transportation equipment
2. chemicals
3. processed and unprocessed minerals
4. food products
5. wood and paper products
6. fish products
7. petroleum and natural gas.
List of Canadian Services includes:
1. retail
2. business
3. education and health
4. finance and banking
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9. Despite strong economic growth in the first half
of 2010, job creation slowed in the second half of the
year. As a result, unemployment rates still remain
relatively high. Canada's unemployment rate is
expected to gradually improve and return to pre-
financial crisis levels by 2015. From 2015 to 2016, the
unemployment rate is expected to remain consistent at
6.1 percent.
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Seasonally adjusted as of February 2012

11. Since 1992, Canada’s inflation rate has never
gone above 2.75 percent. Apart from abnormalities
in 1994, 1998 and 2009, where inflation dropped
below 1 percent, the inflation rate in Canada has
remained fairly consistent and well anchored within
the Bank of Canada’s operational target of 1 to 3
percent.
In 2011, Canada’s inflation rate (average
consumer price change) is expected to be at 2.231
percent. From 2012 to 2016, the inflation rate is
expected to hover between 1.9 percent and 2.03
percent.
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12. From 1999 to 2008, Canada possessed a
current account balance surplus. However, in the
advent of the financial crisis, Canada now has the
7th largest current account balance deficit in the
world behind the US, Spain, Italy, France, Brazil and
the UK.
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13. G8 Countries
Canada Italy
France Japan
Germany Russia
United Kingdom
United Kingdom United States of America
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14. France was transitioning from an economy
that has featured extensive government ownership
and intervention to one that relies more on market
mechanisms but is in the midst of a euro-zone crisis.
The government has partially or fully
privatized many large companies, banks, and
insurers, and has ceded stakes in such leading firms
as Air France, France Telecom, Renault, and Thales.
It maintains a strong presence in some sectors,
particularly power, public transport, and defense
industries. With at least 75 million foreign tourists
per year, France is the most visited country in the
world and maintains the third largest income in the
world from tourism.
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15. -France is the 5th largest economy in the world at
$2.555 trillion on a GDP (PPP) basis in 2010, putting it
behind the US, China, Japan and Germany, but just
ahead of the UK.
-Has long been part of the world's wealthiest and
most developed national economies, world's 5th
and Europe's 2nd largest national economy by nominal
GDP as of 2010.
-France's trade is one of the largest in the world.
France exports and imports various raw materials,
automobiles and electronic products. In 2010, France’s
exports totaled $456.8 billion while imports totaled up
to $532.2 billion.
-France’s population was 65,102,719.
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16. According to the latest available data from 2010
France has a growth rate of 0.549 percent per year.16
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17. The leading industrial sectors in France are
telecommunications (including communication
satellites), aerospace and defense, ship building (naval
and specialist ships), pharmaceuticals, construction
and civil engineering, chemicals, textiles, and
automobile production.
With 39 of the 500 biggest companies of the
world in 2010, France ranks 4th in the Fortune Global
500, behind the USA, Japan and China. Paris is the
second most important location in the world for the
headquarters of the world's 500 largest companies:
there are more Fortune Global 500 company
headquarters in Paris than in Beijing, New York,
London or Munich, but fewer than in Tokyo.
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18. Air France World’s largest airline company in income
L’Oreal World‘s largest cosmetic company
GDF-Suez World’s largest energy company
EDF World’s largest utility company
VINCI, Bouvgues Respectively world's 1st, 2nd and 4th building and public
and Eiffage work companies
Veolia World's largest environmental services and water
Environment management company
Lafarge World's largest cement company
JCDecaux World's largest outdoor advertising corporation
Toatal World's fourth largest private oil company
Sanofi Aventis World's fifth largest pharmaceutical company
Danone World's fifth largest food company and the world's
largest supplier of mineral water
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19. In 2010, the French had an estimated wealth of
US$14.0 trillion for a population of 63 million. In
terms of aggregate wealth, the French are the
wealthiest Europeans, accounting for more than a
quarter of wealthiest European households. Globally,
the French nation ranks 4th wealthiest,.
In 2010, wealth per French adult was a little
higher than US$290,000, down from a pre-crisis high
of US$300,000 in 2007.
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20. Almost every French household has at least
US$1,000 in assets. Proportionally, there are twice as
many French with assets of over US$10,000 and four
times as many French with assets of over US$100,000
than the world average.
The French are also among the least indebted
populations in the developed world with personal debt
accounting for "little more than 10% of household
assets".
There were 2.6 millionaire households (measured
in terms of US dollars) living in France in 2010. (Crédit
Suisse Global wealth report). This accounts for about
0.45% of the total French population.
In 2010, among the top 1% of global wealth
holders, 4,045 are French. 1 20

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