Canada drops in global competitiveness
Image from the World Economic Forum
The World Economic Forum has dropped Canada a spot in global competitiveness. In a report released August 28th, Canada is ranked 15th out of 144 countries. Although Canada is doing many things right, Innovation and sophistication factors are dragging Canada’s rank down. Some examples:
- Capacity for innovation: rank: 26
- Production process sophistication, rank: 20
Can your company’s production and innovation be improved?