Tale of Two Cities

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Category: Business and Industry

Date Submitted: 04/02/2013 09:47 AM

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Summary

I assumed that company suggested me to choose both Nova Scotia and Ontario

For selecting an appropriate province, I collected the data of Retail trade & sales, Consumer Price Index (all items & rent), manufacturing sales and dwelling units between 2010 and 2011. Based on the data, I calculated monthly average and ranking in recent year for comparing each year. Because I prefer to live in the big size of economic, I tried to find out the province that has vitalized economic market.

In Part one, I decided to choose Ontario rather than Nova Scotia. It is because Ontario economic size is bigger than Nova Scotia but CPI is lower than Nova Scotia. Moreover, the price of rent of both Nova Scotia and Ontario were the lowest but the dwelling units of Ontario were the top.

Economic Indicators

* Retail trade sales (Dollars x 1,000)

Geogrphy | 2,010 | 2,011 | Average

(2010-2011) | Ranking

in 2011 |

Newfoundlnd nd Lbrdor | 6,832,766 | 7,829,570 | 7,331,168 | 9 |

Prince Edwrd Islnd | 1,621,304 | 1,868,972 | 1,745,138 | 10 |

Nov Scoti | 11,596,190 | 13,096,601 | 12,346,396 | 7 |

New Brunswick | 9,719,650 | 11,102,355 | 10,411,003 | 8 |

Quebec | 91,302,904 | 102,443,956 | 96,873,430 | 2 |

Ontrio | 143,063,439 | 161,605,599 | 152,334,519 | 1 |

Mnitob | 14,474,472 | 16,447,960 | 15,461,216 | 5 |

Ssktchewn | 13,856,720 | 16,234,585 | 15,045,653 | 6 |

Albert | 54,984,939 | 64,005,655 | 59,495,297 | 3 |

British Columbi | 53,423,174 | 60,005,374 | 56,714,274 | 4 |

Yukon | 551,198 | 662,224 | 606,711 | 12 |

Northwest Territories | 652,415 | 727,012 | 689,714 | 11 |

Nunvut | 312,855 | 298,270 | 305,563 | 13 |

According to the chart that shows the retail trade sales, we can estimate the size of economic in each province. Retail trade sales of Ontario ranked the first and Nova Scotia was the seventh in 2011. The retail trade sale of Ontario was 12 times more than that of Nova Scotia.

* Manufacturing Sales

Manufacturing...