Canadian Political Economic Analysis

This paper intends to examine the Canadian political economy in terms of its past and present developments that have significant implications on the environment and policy-making from the perspective of environmental economics. The parallels that could be drawn in order to examine the link between the Canadian political economy, the environment, and policy-making intersect upon the historical processes within natural resources extraction based, market-oriented economy. In the conclusion, this paper invokes the time for change in terms of gradual transitioning and/ or transforming to alternative economy that recognizes sustainability, acknowledges the finiteness and exhaustion of country’s natural recourses, and celebrates the shift towards

In Canadian context its pattern in its socio-economic context of natural resource production that has a great impact on policy decisions as resources and natural environments are allocated within an economic framework on a market economy with some state regulation. It is needless to say that its manifestations are still profound as the system characterizes itself as structurally fragmented in terms of jurisdiction and regulatory standards that further intensifies an environmental policy

In Canadian context the processes that underlie within accumulation of Canadian capital are greatly influenced by factors such as demographics, social class, ethnic background, and etcetera (Hessing. et al, 39, 2005) The notions of those characteristics are evident upon the power of state in establishing the order in which society evolves and functions, as well the division of power between regions and municipalities that carries a dualistic approach in establishing an effective and efficient order to approach environmental policy-making. Winfield in Polls, Politics, and Sustainability notes, “correlation between levels of public concern for the environment and Environment Canada’s budget from the mid-1980s to the early 1990s...Government spending and policy activity on the environment increase notably during periods of high public concern. During such periods of high concern for the environment, politicians perceive a potential for political rewards for action, and also political risk if they are seen as failing to respond.” (5, 2008). For instance, whilst Canada’s Kyoto protocol ratification has been a manifestation of state that is fraught to be upon as market-driven, one-sided and prioritized with single