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Political: Stable government but things can change. Conditions can become volatile based
on elections. Most powerful country in South America. Good relation with States but
corruption is a big issue.
Economical: Nominal GDP is good. Advanced emerging economy but high unemployment
rate.
Social: Middle class is growing and keen interest in football. Lacks education and criminal
violence is the major concern.
Legal: Highly bureaucratic, high rate of taxes but government is making efforts to help
investors to start a business. So, it is an opportunity
Conclusion: Good agricultural edge, good trading relations with other countries and duties
are quite low thus good grounds to establish a fertilizer company.
Economical: GDP is 1.8 Trillion. Many free trade agreements and 2% economic growth.
Social: Best living standard, if we establish in BC more employment can be given to people.
Technology: Good technology present in Canada thus highly equipped machines can be
sourced.
Legal: Employment laws, Minimum wage in BC is 13.88 so it’s better to establish factory
there.
Environment: Various emission from steel production, but we will recycle our waste
efficiently. Do the rock drain agreement.
Conclusion: After PESTLE analysis, we can see the factors are in favor to establish a steel
plant in BC.