The Global Competitiveness Report
2005-2006

Toronto— In the “Global Competitiveness Report 2005-2006” released today by the World Economic Forum, whose Canadian partner is the Institute for Competitiveness & Prosperity, Canada moved up in the rankings over 2004’s results in both of its competitiveness indices. On the “Business Competitiveness Index,” Canada moved up two to 13th from 15th in 2005. On the “Growth Competitiveness Index,” Canada also improved - from 15th to 14th.

“These indices help Canadians understand how we are faring in comparison with our global competitors,” said Roger Martin, Chairman of the Institute for Competitiveness & Prosperity and Dean of the University of Toronto’s Rotman School of Management. “While we made improvements this year, we remain far from our potential on either scale – and all of us should take note.”

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