Submitted by:- Ankit Arora (4530363), Gurpreet Kaur (4531425), K

Proposal for Establishing the Patterns of

Climate Change and Sustainability Initiatives: An increasing global consciousness on climate change will
likely be reflected in Canada in terms of energy, conservation and management and environmental
legislation. They will be key trends for companies and individual together with the shift to using
renewable energy, sustainable farming and other green activities.

Technological Advancements (AI, Automation, and Digital Transformation): Technological breakthroughs

Global Demographic Shifts: Demographics of elderly people in the developed countries and migration
will affect Canadian Human capital, employment, Immigration, Health and Social service delivery
including pension plans significantly.

Global Trade and Supply Chain Shifts: Canada will experience an influence of and be influenced in global
economic position, financial policies, and domestic businesses by trade wars, international trade
relations, and supply chain interruption in the form of disruption by the COVID-19 outbreak.

Healthcare Innovations: Public hopes inensions, personalised medicine, digitalisation, and biotechnology
and their might impact on Canada’ s health systems.

Cybersecurity and Data Privacy: Whenever globalization deepens, which is the case nowadays, issues
such as cyber security, data privacy and protection will receive extensive attention even from the
government and companies, putting more pressure on the regulation of the Canadian technology sector.

Geopolitical Instability: They include changes in the global balance of power; for instance, World
superpowers’ relations, which may in turn affect Canada’s foreign policy, defense and economic plan.

Social and Cultural Movements: Such reforms as more attention toward people diversity, equity,
inclusion can impact the political life in Canada and the corporations’ actions.

2. Most Important Trend for Canada in 2025:

AI and Automation and Technology (Digital Transformation)

Why We Selected This Trend: This trend is chosen as the most relevant because technology is rapidly
revolutionizing economy, business, and society at large. The expansion of AI, auto-mation, and digital
transformation is rising at a very progressive rate and thus opens up huge prospects and threats in
Canada. Manufacturing, health care and transport industries are going through rapid change because of
automation while AI is predicted to revolutionalise sectors ranging from financial industry to education
and and every other form of operation.

It has a lot of ramifications to the economy. But technology can lead to increase in productivity all round
and or improve service delivery of an organization which is why the Canadian work force has to
transform to certain skill set and or industries might be displaced. At the same time, it presents an
opportunity for Canada to sell itself as the country of innovation and technology the driver of economic
growth and quality of life enhancement.

3. Economic Substantiation, Research, and Case Studies:

Productivity Growth: According to research carried out by the McKinsey Global Institute, Canada can
increase its productivity through AI & automation by as much as 2% by 2030. This could reduce Canadian
GDP growth to an extent since boosted automation positively affects productivity in manufacturing,
agricultural and service sectors.

Labor Market Disruption: In their report, the Canadian Labour Congress expect that up to one third of
employment in Canada could be at risk by 2025 due to potential mechanization of work with vulnerable
sectors being retail, transportation and manufacturing. While this will cost jobs it also means there will
be a need for businesses and organizations to invest in reskilling which might mean that people can find
better opportunities in peripheral technical fields.

Case Study - Canada’s Digital Transformation:

Smart Cities and Innovation Hubs: Examples include Toronto and Vancouver that have increasing interest
in investing on technology startups, artificial intellect investigation, and the application of smart cities.
This change is caused by the international technological shift. For instance, MaRS Discovery District in
Toronto has established itself as incubator/accelerator for technology and innovation industry, creating a
home for tech talent and boosting economy of digital industries.

Economic Growth in Tech Sectors:

Technology has grown more than 7% every year as stated by the Statistics Canada and the growth rate
has been higher than the rest of the industrialized nations. It has been forecasted that the sector will
make even larger contribution to the Canadian Gross Domestic Product by 2025, given that the
developments of artificial intelligence, blockchain and digital platforms.

Global Research and Adaptation:

Data collected by Accenture and discussed below show that Canada is ready and has potential to
become one of the leaders in AI. Canada has already started on this path given the University of
Toronto’s Vector Institute or the Federal Government’s pan-Canadian Artificial Intelligence Strategy. All
these investment in innovation do not only serve the purpose of catalyzing increased economic growth,
but also ability to attract global talent and investments.

Hence, it can be stated that Technological Advancements as the key future driving force that will shape
Canada most significantly by 2025 due to AI and automation and digital transition. That the trend has the
possibilities of increasing productivity, fostering innovation and creating economic growth while at the
same time seeing negatives such as job loss, it is the most relevant for the future of Canada. Given a
proper investment in technology and people adjustment, Canada has a chance to succeed in this novel
shift of the global economy.