Reference no: EM132870629

If you recall we faced fluctuations in oil prices all around the world during the pandemic; an international unprecedented downfall during the first 5 months of 2020 followed by more normalized prices after the first lockdowns were over. Lots of industries have been affected and supply chains have been altered consequently. Analyze and try to explain how oil price fluctuations can affect industries in Canada in 2021 and the post Covid-19 era as an environmental force and explain your response within the context of transportation industry bringing three major reasons to support your answer.

Since 2010 housing market in BC is on the never ending price rise. Vancouver has faced the highest price boom ever since then and the average rental apartments in the city has risen to the unprecedented $2300.00 rent. Discuss the reasons behind the price surges considering the balance of supply and demand in the market and predict how the market will respond post Covid-19. Try to focus on the driving forces behind the rise and the other current environmental factors which will or may come to effect post vaccination.
The last decade has proved to be rough to world's economy. NAFTA has turned to CUSMA and BREXIT happened at the turn of the decade. J. Bolsonaro a conservative figure has come to power in Brazil and Parliament in Ottawa has seen more seats slipped away from the Liberals towards the conservatives. All of these actions have the common ground for nationalism and isolation right at the time we need unity more than ever to fight man made disasters such as climate change, pollution, and run the vaccination campaign which proved to be on the continuous basis for the next couple of years. Nations separating from each other and running for their own good regardless of the overall goodwill of the international community. Discuss how these actions and behaviours can cause havoc in international scale and what will be the aftermaths of such actions.

2021 will be the year with fewer restrictions on airline industry. Vaccination has caused glimpse of hope for tourism industry to stay alert. Seems like airline industry has gained their ground back from the government and trying to fill for the cumulated losses they faced during the pandemic. We have seen more number of international flights, either essential or nonessential, arriving at the airports and potentially become a threat. And we still witness hesitation from the governments when dealing with international travellers. What would be your stand in this balance of power between the federal government and the airline industries thriving for profit. Bring three major grounds for your reasoning considering the following factors: airlines are not necessarily private corporations, federal government is responsible for the health of the citizens and residents, federal government is responsible to provide fair competition ground for the corporations to compete, and there is no clear distinction between essential and non essential travel yet.