The Global Competitiveness Report
2010-2011
World Economic Forum rankings indicate little change in the relative standing of Canada’s economic environment and business sophistication. Our major improvement opportunity continues to be in strengthening the abilities of our businesses to compete on the basis of innovation and uniqueness, says Institute for Competitiveness & Prosperity.
Toronto— In the Global Competitiveness Report 2010-2011 released today by the World Economic Forum, whose Canadian partner is the Institute for Competitiveness & Prosperity, Canada’s ranking moved down from 9th in 2009 to 10th in 2010, but remained above its rank of 13th in 2007 on the Forum’s “Global Competitiveness Index.”
“These annual reports help Canadians determine trends in the competitiveness of our economy versus our global competitors,” said Jim Milway, Executive Director of the Institute for Competitiveness & Prosperity. “Canada continues to be one of the top ten globally competitive economies.”
