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?

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