Business Cases, Impact Evaluations, and Appraisals
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Business Cases, Impact Evaluations, and Appraisals
A business case demonstrates that an investment or policy change is the best overall solution to meeting an identified need or objective, and justifies why it should be executed and funded.
Our multi-disciplinary teams work closely with our clients to maximize success. Our business case development, assurance and assessment services include:

- Economic impact and cost-benefit analysis
- Economic assessment of industry, major projects and infrastructure
- Socio-economic consequences of government policy
- Policy evaluation and regulatory assessments
- Establishing the need for intervention, including shaping and developing underlying strategic arguments and application of the "theory of change"
- Economic and people-centric narrative development and supporting analysis including wider impacts assessment
- Market research, quantitative and qualitative data collection
- Demand, revenue and benefits forecasting
- Value for Money appraisals
- Monitoring and evaluation benefits realization
All of our business case and impacts analysis are:
- Comprehensive: Prepared using Canada’s largest and most comprehensive socio-economic platform, built to encapsulate relevant past experiences, behaviours and future expectations. All historically relevant drivers are incorporated into our platform to ensure that their influence is determined by data and not by assumptions.
- Hyper-detail supported by a database : The information that accompanies our business case and impact analysis details the factors, relationships and assumptions of the analysis and the balance of risks surrounding them. This information can be vitally valuable to way in which a business case is crafted. For these reasons we provide you with a database of results that you can interrogate and mine.
- Regional: Our business case and impact analysis is prepared according to your choice of region and time horizon, ranging from months to decades.
- Customized for insights : Our business case and impact analysis can incorporate your nuanced take on how your case for change affects the future. Given our agent-based model paradigm, we are able to incorporate changes in behaviours, timing and location of events, externalities, and the increase/decrease in constraints on people, firm and government actions.
- Reconciled for counterfactuals: All business case and impact analyses are baseline-reconciled to widely accepted industry expert opinions, Bank of Canada macro-economic forecasts, and Statistics Canada population forecasts. All differences between the micro business case detail provided by us and the macro expectations by experts and authorities are reconciled with differences validated and explained.
- Flexible and customizable: A business case and impact analysis process can look different for different organizations based on their industry-specific factors and how the analysis is being used. While accurate and comprehensive, our impact analysis is flexible and detailed enough to inform a range of critical business decisions, such as investment strategies, sales, production, workforce, location and more. Customized scenarios can be developed at the micro level to satisfy different organizational experts. Sensitivity analysis can be performed that allows you to understand the effect of fluctuations in key variables on your business case.
More than 400
Leading companies and government institutions
Trust our services for policy and business-critical forward-looking analysis.
Why
CANCEA?
We are trusted. More than 400 leading organizations in Canada and the UK, including governments, associations and businesses trust our services and data products. With over 20 years of critical thinking and analysis across a range of socio-economic and strategic issues, we have a deep knowledge of regional and local communities, their resources and the challenges they face.
All of our socio-economic analysis, across 800 topics and over 56,000 local regions, are modelled as one system in one simulation platform ensuring the quality and consistency of insights generated across all locations and topics.
Our systems approach allows for best-of-class data generation and forecasting from hyper detailed trend and causation analysis.
Regional information that extends beyond traditional data sources to ensure that the best information on local area populations and economies can be utilized.
Hyper detailed information accompanies our insights, predictions and forecasts. Hyper detailed trend and causation analysis is determined by data with little reliance upon assumptions.
The sheer richness of our data and simulation capabilities, both in terms of who, what, when and where and the relationships between them drive an ability to answer many more questions.
As a strictly data-driven firm, we are necessarily apolitical. The consistency of our hyper-detailed local data can be summed and independently verified against official projections by government statistical agencies, central banks and the OECD.
Our dedication to a one-model systems approach with hyper-trend and causal analysis keeps assumptions to a minimum. Any assumptions are shared openly, so you and others can use our results with confidence.
With modern technology, methods and access to data, high-quality socio-economic analysis and data should not cost as much as it does. We’ve made the investments and are keen to disrupt the industry with highly cost-effective services that matter to you.
Latest Reports
Explore our latest ground-breaking social and economic research that our socio-economic and thought leadership experts have delivered for our clients.