External Analysis On Nova Scotia - 1312 Words

External Analysis PEST: Political Factors: (2013 liberal platform) The Nova Scotian provincial government is aware of the situation it’s in and has been encouraging all citizens and municipal governments to take action. With the Liberal party’s success at the recent elections, there is going to be significant political change coming to Nova Scotia. Nova Scotia has been suffering economically and socially for the past three decades and the newly elected government are eager to introduce new solutions to help Nova Scotia recover and prosper. One of the changes focus on is implementing new regulations that will create a competitive environment for businesses to thrive in. Also they will be looking to retaining Nova Scotian talent. The liberal party has also promised to create an economic environment that will stimulate new sustainable jobs. Another important part of the Liberal party’s platform is their focus on helping Nova Scotian businesses and entrepreneurs, and also to improve the accountability for government and loans to business. Economic Factors: By analyzing the economic factors we can see that Nova Scotia’s economic growth was last among the Canadian provinces over the last two decades when measured as the total percentage increase of gross domestic product (GDP). In 2013, Nova Scotia’s GDP per capital was ninth out of the ten provinces, and it is expected to drop from about 943,000 to 878,000 by 2040, a 7% decline. -Implications for the Future: Nova Scotia’sShow MoreRelatedOverview Of The Current Technological Environment In Canadian Health1487 Words   |  6 Pagesrevolve around the current technological environment in provincial healthcare. 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