1.Use the 2016 annual reports and financial statements along with any other relevant information you wish to assess the companies’ industry and business environment. Begin with a basic SWOT analysis and in addition provide a Porter’s Five Forces approach to assess the competitive landscape. What is the competitive position of each company relative to the industry? (Approximately 300 to 500 words should be sufficient)

2. For prior year statements and reports, you should download them from the appropriate corporate website, or SEDAR (https://www.sedar.com).

3. Additional information about the industry, competitors, or other economic information that you consider relevant to your analysis may be added as appropriate. All sources should be clearly referenced, including Financial Statement footnotes.