IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL CANADA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Ottawa

2016 2017 2018 2019 2020

9,985 2019 1.327 2019 37.29 2019 1,761.9 2019 51,076 2019 1.5 2019 1.95 2019 5.70 2019 20.20 2019 -1.94 2019 894.0 2018 2.55 2019

8

Exchange Rate (per $)

10

10

12

13

23

Population - market size (millions)

CHALLENGES IN 2020 Shortage of (mid-senior) skilled digital talent available to meet demand in high-growth sectors like technology • Shortage of (mid-senior) skilled digital talent available to meet demand in high-growth sectors like technology • Use trade relationships like CETA to accelerate exports in key areas like technology. • Lack of incentives to draw foreign direct investment in key areas like technology. • Challenges scaling start-ups including lack of digital adoption among SMEs. • Digital divide: expensive and uneven access to digital connectivity infrastructure across the country.

10

Gross Domestic Product (GDP) (US$ billions)

19

GDP (PPP) per capita (US$)

41

Real GDP growth (%)

33

Consumer price inflation (%)

39

Unemployment rate (%)

21

Labor force (millions)

48

Current account balance (% of GDP)

10

Direct investment stocks inward ($bn)

Information and Communications Technology Council (ICTC) Pr vided by: Information and Communications Technology Council (ICTC)

25

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

4

5

6 7

8

8

8

9

10

10

12

14

17

19

19

20 17

21

28

49

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

1

1

2

2

2

2

2

2

2

2

60

IMD WORLD COMPETITIVENESS BOOKLET 2020