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Canmac Economics Professional Services
Canmac Economics provides Corporate and Government Clients with a range of economic consulting services ranging from impact analysis to corporate planning functions. Canmac Economics has over twenty years of experience in conducting various economic impact analysis ranging from the economic development implications of a new manufacturing plant to the assessment of an entire sector's contribution to provincial and national economic growth. The economic impact analysis has also ranged from the traditional benefit/cost project appraisal to broader economic impact analysis based on econometric model simulations with and without a proposed development. We have also extended traditional economic impact analysis to include fiscal impacts and price impacts. Canmac Economics also actively maintains economic forecasts at the provincial, sub-provincial and industry levels. Canmac Economics' staff are also well versed in applying economic analysis to the corporate planning area. The Canmac staff have many years of experience in linking the general economic environment to corporate specific constraints and opportunities. These could include corporate specific cost models, marketing models, and competitive analysis. Canmac Economics also has experience in providing economic support for regulatory hearings, and other areas requiring expert testimony. More detailed specifications and previous experience can be provided to clients upon request.
- Economic Simulation Services
Canmac Economics provides the professional economic planner with a sophisticated economic modeling and forecasting system centred. Canmac updates, on a quarterly basis, an economic forecast based on our proprietary econometric model of the Nova Scotia and Canadian economy. This powerful package enables the economic planner to change a host of policy and technical assumptions to create his/her own forecast and to explore a host of "what if" scenarios:
- What if Federal Policy Turns Expansionary?
- What if Monetary Policy Tightens?
- What if U.S. Interest Rates Rise?
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