A Comparative PESTEL Analysis of Canada and China’s Management of Energy Markets

Authors

  • Kevin Zentner University of Alberta
  • Alycia Fritze University of Alberta
  • Andrea Kloster University of Alberta
  • Larysa Romaniuk University of Alberta

DOI:

https://doi.org/10.33423/jabe.v22i12.3894

Keywords:

business, economics, PESTEL Analysis, Management, Energy Markets, Canada, China

Abstract

As globalization forces increase, the importance of intentional international trade partnerships is evident. Due to tense China-U.S. relations, this presents Canada with a unique opportunity to attain a stake in the global energy economy. This paper analyzes the risks associated with the development of these potentially lucrative partnerships from the lens of political, economic, socio-cultural, technological, environmental, and legal (PESTEL) implications. While the differences between the Canadian and Chinese approaches to these perspectives present a significant barrier, Canada stands to gain significant financial and economic benefits from such a partnership.

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Published

2020-12-16

How to Cite

Zentner, K., Fritze, A., Kloster, A., & Romaniuk, L. (2020). A Comparative PESTEL Analysis of Canada and China’s Management of Energy Markets. Journal of Applied Business and Economics, 22(12). https://doi.org/10.33423/jabe.v22i12.3894

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Articles