8 Sep 2011

Canada’s economic competitiveness slips

Canada suffered a bit of a setback recently, as a new report from the Conference Board of Canada indicates the country fell two spots to 12th overall in global competitiveness rankings.

The rankings are based upon the responses from 14,000 business leaders in 142 countries and their assessment of how business friendly the variety of economies were.

While Canada's competitiveness score this year mirrored previous years', other nations showed marked improvement, particularly developing nations.

"Canada should not be satisfied with its 12th place ranking," said Michael Bloom, vice president of organizational effectiveness and learning at the Conference Board. "Businesses continue to underperform in using our peoples' skills and knowledge to generate new or improved products, processes or services."

Canada's areas of strength included its health systems, labor market and primary education system.

For the third-straight year, Switzerland had the highest competitiveness ranking. Other leading nations were Singapore, Finland Sweden and the United States.

The effectiveness of business operations often relies on having the resources available to get more work done. Jiffy Home Office allows businesses to expand their function without sacrificing capital. 

Be Sociable, Share!

Related Articles [3]

2 Tips For Choosing The Right Packing Supplies

February 12th, 2016
Having a pre-prepared list of all of the packing supplies you will need to move your belongings into a storage unit or a new home will make the move much less stressful. For...

How Renting A Storage Space Helps Your Business’ Revenue

January 15th, 2016
It might not seem immediately obvious, but how you utilize your office space can have a direct and observable impact on your business’ revenue. Make sure that you are...

How To Set Up A Small Office Space

January 11th, 2016
Most of us haven’t attained the cushy corner office yet, complete with sitting area, bar and L-shaped executive desk so we have to make do with less space. This means that...

Leave a Comment






Essential SSL